General Dynamics Corporation Financial Ratios — GDX Stock

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	19.03	-2.7	18.21	19.24	26.91	24.45	26.79	28.88	27.1	21.37	19.56	18.72	16.63	17.44	17.66
Return on Assets (%)	7.49	-0.96	6.75	7.15	9.02	7.89	8.54	8.32	7.35	6.29	6.43	6.67	6.23	6.83	7.44
Return on Capital (%)	15.63	-2.88	14.41	15.27	20.81	18.67	20.24	18.46	15.03	12.39	11.83	12.09	11.57	12.62	13.33
Return on Invested Capital (%)	15.53	-3.76	14.86	15.55	19.68	18.04	19.61	18.26	14.7	12.12	11.44	11.5	11.2	12.27	12.97
Gross Margin (%)	17.92	16.07	18.52	19.04	19.61	18.54	20.15	18.39	17.76	16.68	16.66	16.8	15.78	15.43	15.13
EBITDA Margin (%)	13.52	4.37	13.62	14.21	15.03	13.73	15.1	14.25	13.72	13.21	13.14	12.93	12.08	11.91	11.95
Operating Margin (%)	11.71	8.9	11.93	12.61	13.51	12.25	13.68	12.14	11.61	10.9	10.82	10.69	10.04	10.05	10.19
Incremental Operating Margin (%)	- -	63.32	- -	- -	43.7	45.16	119.42	3.03	5.57	30.67	5.51	5.12	1.19	10.12	11.58
Pretax Margin (%)	11.38	1.53	11.67	12.32	13.28	11.96	13.16	11.29	10.68	9.86	10.07	10.24	9.42	9.51	9.71
Profit Margin (%)	7.73	-1.07	7.62	8.21	9.55	8.42	9.4	9.24	8.85	8.35	8.47	8.6	7.84	7.93	8.01
Net Income to Common Margin (%)	7.73	-1.07	7.62	8.21	9.55	8.42	9.4	9.24	8.85	8.35	8.47	8.6	7.84	7.93	8.01
Effective Tax Rate (%)	31.36	180.55	31.15	29.69	28.04	26.72	28.57	17.8	17.09	15.28	15.9	16.01	16.79	16.7	17.5
Dvd Payout Ratio (%)	26.37	-234.38	23.77	30.75	28.75	34.01	33.86	32.01	33.07	39.15	40.37	40.38	43.08	40.43	37.84
Sustainable Growth Rate (%)	14.01	-9.02	13.88	13.32	19.17	16.14	17.72	19.63	18.14	13	11.66	11.16	9.47	10.39	10.98

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	3,930	3,908	3,909	3,893	3,399	3,888	3,982	12,417	13,433	14,732	13,175	12,114	11,083	10,676	9,789
ST Debt	23	- -	1	501	501	900	2	973	3,172	3,333	1,342	1,541	832	1,821	1,305
LT Debt	3,907	3,908	3,908	3,392	2,898	2,988	3,980	11,444	10,261	11,399	11,833	10,573	10,251	8,855	8,484
Total Debt/EBITDA	0.89	2.88	0.93	0.89	0.71	0.93	0.85	2.41	2.49	2.94	2.61	2.38	2.17	1.88	1.56
Net Debt/EBITDA	0.29	0.45	-0.33	-0.11	0.13	0.37	0.21	2.22	2.04	2.03	1.96	1.82	1.44	1.24	0.9
Total Debt/EBIT	1.03	5.11	1.06	1	0.79	1.04	0.94	2.83	2.94	3.56	3.16	2.88	2.61	2.23	1.83
Net Debt/EBIT	0.33	0.8	-0.38	-0.13	0.14	0.42	0.24	2.61	2.41	2.46	2.38	2.2	1.73	1.47	1.06
EBITDA to Interest Expense	28.5	8.07	40.91	42.57	48.73	42.39	39.97	13.79	11.44	10.25	11.72	13.03	12.8	14.46	15.62
EBITDA-CapEx/Interest Expense	28.5	8.07	40.91	42.57	48.73	42.39	39.97	13.79	11.44	10.25	11.72	13.03	12.8	14.46	15.62
EBIT to Interest Expense	24.68	16.42	35.82	37.76	43.83	37.82	36.21	11.75	9.68	8.45	9.66	10.77	10.64	12.2	13.32
Interest Expense	155	168	103	103	98	99	117	374	472	489	431	391	399	393	402
Common Equity/Total Assets	37.93	33.2	40.85	33.47	33.56	31.05	32.63	25.84	28.32	30.52	35.23	35.99	38.86	39.48	44.76
Long-Term Debt/Equity (%)	29.53	34.31	26.95	28.68	26.99	29.01	34.81	97.55	73.41	72.79	67.08	56.94	48.13	40.14	33.11
Long-Term Debt/Capital (%)	22.77	25.55	21.23	21.57	20.5	21.06	25.82	47.39	37.43	37.51	38.4	34.46	31.66	27.05	23.96
Long-Term Debt/Total Assets (%)	11.2	11.39	11.01	9.6	9.06	9.01	11.36	25.2	20.79	22.22	23.63	20.5	18.7	15.85	14.82
Total Debt/Equity (%)	29.7	34.31	26.96	32.91	31.65	37.74	34.82	105.84	96.1	94.07	74.68	65.24	52.04	48.39	38.21
Total Debt/Capital (%)	22.9	25.55	21.23	24.76	24.04	27.4	25.83	51.42	49.01	48.47	42.75	39.48	34.23	32.61	27.64
Total Debt/Total Assets (%)	11.27	11.39	11.01	11.02	10.62	11.72	11.36	27.35	27.22	28.71	26.31	23.48	20.22	19.11	17.1
Net Debt to Equity	9.68	5.37	-9.6	-4.18	5.72	15.09	8.74	97.63	78.9	64.96	56.07	49.84	34.5	32.02	22.17
Net Debt/Capital (%)	8.83	5.1	-10.62	-4.37	5.41	13.11	8.03	49.4	41.6	36.9	33.86	31.43	24.12	22.76	17.17
EBITDA	4,418	1,355	4,214	4,385	4,776	4,197	4,677	5,157	5,399	5,011	5,053	5,095	5,108	5,682	6,280
EBITDA-CapEx	4,418	1,355	4,214	4,385	4,776	4,197	4,677	5,157	5,399	5,011	5,053	5,095	5,108	5,682	6,280
Operating Income (Loss)	3,826	2,759	3,689	3,889	4,295	3,744	4,236	4,394	4,570	4,133	4,163	4,211	4,245	4,796	5,356

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.24	0.28	0.43	0.32	0.22	0.17	0.23	0.07	0.05	0.18	0.11	0.08	0.12	0.1	0.14
Current Ratio	1.38	1.35	1.48	1.27	1.17	1.23	1.4	1.23	1.21	1.35	1.43	1.37	1.44	1.37	1.44
Quick Ratio	0.64	0.65	0.79	0.61	0.5	0.74	0.9	0.77	0.73	0.88	0.94	0.85	0.79	0.72	0.78
CFO/Avg Current Liab	0.29	0.23	0.26	0.29	0.2	0.17	0.29	0.23	0.19	0.24	0.29	0.31	0.3	0.24	0.3
Common Equity/Total Assets	37.93	33.2	40.85	33.47	33.56	31.05	32.63	25.84	28.32	30.52	35.23	35.99	38.86	39.48	44.76
Long-Term Debt/Equity (%)	29.53	34.31	26.95	28.68	26.99	29.01	34.81	97.55	73.41	72.79	67.08	56.94	48.13	40.14	33.11
Long-Term Debt/Capital (%)	22.77	25.55	21.23	21.57	20.5	21.06	25.82	47.39	37.43	37.51	38.4	34.46	31.66	27.05	23.96
Long-Term Debt/Total Assets (%)	11.2	11.39	11.01	9.6	9.06	9.01	11.36	25.2	20.79	22.22	23.63	20.5	18.7	15.85	14.82
Total Debt/Equity (%)	29.7	34.31	26.96	32.91	31.65	37.74	34.82	105.84	96.1	94.07	74.68	65.24	52.04	48.39	38.21
Total Debt/Capital (%)	22.9	25.55	21.23	24.76	24.04	27.4	25.83	51.42	49.01	48.47	42.75	39.48	34.23	32.61	27.64
Total Debt/Total Assets (%)	11.27	11.39	11.01	11.02	10.62	11.72	11.36	27.35	27.22	28.71	26.31	23.48	20.22	19.11	17.1
CFO/Total Liabilities	14.96	11.37	14.82	16.28	12.26	9.46	16.42	9.35	8.43	10.82	13.17	13.87	14.06	12.16	16.19
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	5.33	5.22	5.48	4.93	4.64	4.33	4.96	5.06	4.94	5.1	5.79

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	7.9	7.18	7.21	7.33	8.48	8.93	8.83	9.81	10.78	11.31	12.41	13.03	14.06	15.96	19.52
Days Sales Outstanding	46.23	50.84	50.59	49.81	43.05	40.88	41.34	37.19	33.87	32.27	29.42	28.01	25.96	22.88	18.69
Inventory Turnover	5.57	3.42	3.27	3.23	3.29	3.88	4.75	5.24	5.27	5.24	5.78	5.62	4.78	4.41	4.71
Days Inventory Outstanding	65.57	106.77	111.59	113.11	110.97	94.13	76.9	69.7	69.27	69.6	63.1	64.92	76.38	82.77	77.57
Accounts Payable Turnover	11.42	9.8	10.73	11.76	12.66	9.9	8.67	9.46	10.31	10.15	10.35	10.29	11.66	12.89	14.65
Accounts Payable Turnover Days	31.97	37.26	34.02	31.04	28.82	36.86	42.08	38.58	35.4	35.95	35.28	35.48	31.3	28.32	24.92
Cash Conversion Cycle	79.82	120.35	128.16	131.88	125.19	98.15	76.16	68.31	67.74	65.92	57.24	57.45	71.04	77.33	71.35
Inventory to Cash Days	-19.34	-55.93	-61	-63.31	-67.92	-53.25	-35.56	-32.51	-35.4	-37.33	-33.68	-36.9	-50.43	-59.9	-58.87
Inventories	7,478	7,740	7,670	7,812	7,723	5,118	5,303	5,977	6,306	5,745	5,340	6,322	8,578	9,724	9,232
Raw Materials	6,199	6,073	5,990	5,881	5,733	1,429	1,357	1,504	1,733	1,712	1,651	2,072	2,886	3,396	3,248
Work In Process	1,202	1,518	1,633	1,828	1,889	3,643	3,872	4,357	4,419	3,990	3,654	4,182	5,655	6,279	5,938
Finished Goods	77	149	47	103	101	46	74	116	154	43	35	68	37	49	46
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	43,965	52,511	60,734	44,833	51,661	42,605	57,572	68,169	70,401	71,722	92,274
- Cash & Cash Equivalents	2,649	3,296	5,301	4,388	2,785	2,334	2,983	963	902	2,824	1,603	1,242	1,913	1,697	2,333
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	3,930	3,908	3,909	3,893	3,399	3,888	3,982	12,417	13,433	14,732	13,175	12,114	11,083	10,676	9,789
Enterprise Value	- -	- -	- -	- -	44,579	54,065	61,733	56,287	64,192	54,513	69,144	79,041	79,571	80,701	99,730
Total Capital	17,162	15,298	18,410	15,722	14,137	14,189	15,417	24,149	27,411	30,393	30,816	30,682	32,382	32,739	35,411
Total Debt/Capital (%)	22.9	25.55	21.23	24.76	24.04	27.4	25.83	51.42	49.01	48.47	42.75	39.48	34.23	32.61	27.64
Total Debt / EV	- -	- -	- -	- -	0.08	0.07	0.06	0.22	0.21	0.27	0.19	0.15	0.14	0.13	0.1
EV/Sales	- -	- -	- -	- -	1.4	1.77	1.99	1.56	1.63	1.44	1.8	2.01	1.88	1.69	1.9
EV/EBITDA	- -	- -	- -	- -	9.33	12.88	13.2	10.91	11.89	10.88	13.68	15.51	15.58	14.2	15.88
EV/EBIT	- -	- -	- -	- -	10.38	14.44	14.57	12.81	14.05	13.19	16.61	18.77	18.74	16.83	18.62
EV/Cash Flow to Firm	- -	- -	- -	- -	16.65	24.18	15.59	16.29	19.03	12.76	14.92	16.11	15.78	18.18	18.29
EV/Free Cash Flow to Firm	- -	- -	- -	- -	16.65	24.18	15.59	16.29	19.03	12.76	14.92	16.11	15.78	18.18	18.29
Diluted Market Cap	- -	- -	- -	- -	45,891	53,896	62,310	46,464	51,873	42,817	58,480	69,111	70,941	73,622	92,960
Diluted Enterprise Value	- -	- -	- -	- -	46,505	55,450	63,309	57,918	64,404	54,725	70,052	79,983	80,111	82,601	100,416
EV per Share	- -	- -	- -	- -	142.43	178.77	207.93	194.97	221.65	190.29	249.06	288.04	290.83	298.52	368.84
TTM Sales	32,677	30,992	30,930	30,852	31,781	30,561	30,973	36,193	39,350	37,925	38,469	39,407	42,272	47,716	52,550
TTM EBITDA	4,418	1,355	4,214	4,385	4,776	4,197	4,677	5,157	5,399	5,011	5,053	5,095	5,108	5,682	6,280
TTM Operating Income	3,826	2,759	3,689	3,889	4,295	3,744	4,236	4,394	4,570	4,133	4,163	4,211	4,245	4,796	5,356
TTM Cash Flow to Firm	3,344	2,471	3,182	3,900	2,678	2,236	3,960	3,455	3,372	4,272	4,633	4,907	5,042	4,439	5,452
TTM Free Cash Flow to Firm	3,344	2,471	3,182	3,900	2,678	2,236	3,960	3,455	3,372	4,272	4,633	4,907	5,042	4,439	5,452

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	17.6	24.92	16.08	14.76	17.4	11.1	13.69	15.09	15.06	17.9	18.16
EV/EBIT	- -	- -	- -	- -	10.38	14.44	14.57	12.81	14.05	13.19	16.61	18.77	18.74	16.83	18.62
Enterprise Value	- -	- -	- -	- -	44,579	54,065	61,733	56,287	64,192	54,513	69,144	79,041	79,571	80,701	99,730
Low Price	- -	- -	- -	- -	131.47	123.65	171.29	120.97	153.94	106.88	145.59	202.03	202.9	241.7	222.03
EV/Sales	- -	- -	- -	- -	1.4	1.77	1.99	1.56	1.63	1.44	1.8	2.01	1.88	1.69	1.9
EV/EBITDA	- -	- -	- -	- -	9.33	12.88	13.2	10.91	11.89	10.88	13.68	15.51	15.58	14.2	15.88
Price/Earnings	- -	- -	- -	- -	14.87	20.57	21.02	13.71	14.76	13.47	17.85	20.17	21.2	19.21	21.81
Price/Earnings Average	- -	- -	- -	- -	14.95	17.33	20.16	17.62	14.61	13.65	16.15	18.71	18.79	20.71	19.05
Price/Earnings High	- -	- -	- -	- -	16.36	21.48	22.04	20.32	16.11	17.15	18.1	20.94	21.29	22.98	22.82
Price/Earnings Low	- -	- -	- -	- -	13.91	14.65	17.6	10.68	12.74	9.68	12.53	16.41	16.72	17.5	14.19
Price/Book Value	- -	- -	- -	- -	4.09	5.1	5.31	3.82	3.7	2.72	3.26	3.67	3.31	3.25	3.6
Price/Book Value Average	- -	- -	- -	- -	4.12	4.29	5.1	4.91	3.66	2.76	2.95	3.4	2.93	3.5	3.15
Price/Book Value High	- -	- -	- -	- -	4.51	5.32	5.57	5.66	4.03	3.46	3.31	3.81	3.32	3.89	3.77
Price/Book Value Low	- -	- -	- -	- -	3.83	3.63	4.45	2.98	3.19	1.96	2.29	2.99	2.61	2.96	2.34
Price/Tangible Book Value	- -	- -	- -	- -	-29.95	-28.82	-51.43	-4.29	-6.45	-6.55	-12.98	-18.99	-74.66	-5,517.09	28.5
Price/Tangible Book Value Average	- -	- -	- -	- -	-30.12	-24.28	-49.33	-5.52	-6.38	-6.63	-11.75	-17.61	-66.19	-5,947.73	24.89
Price/Tangible Book Value High	- -	- -	- -	- -	-32.95	-30.09	-53.93	-6.36	-7.04	-8.33	-13.16	-19.71	-74.99	-6,598.55	29.81
Price/Tangible Book Value Low	- -	- -	- -	- -	-28.03	-20.52	-43.06	-3.34	-5.56	-4.7	-9.11	-15.44	-58.87	-5,026.22	18.54
Price/Sales	- -	- -	- -	- -	1.42	1.73	1.98	1.27	1.31	1.13	1.51	1.74	1.66	1.52	1.75
Price/Sales Average	- -	- -	- -	- -	1.43	1.46	1.9	1.63	1.29	1.14	1.37	1.61	1.47	1.64	1.53
Price/Sales High	- -	- -	- -	- -	1.56	1.81	2.07	1.88	1.43	1.43	1.53	1.8	1.67	1.82	1.83
Price/Sales Low	- -	- -	- -	- -	1.33	1.23	1.65	0.99	1.13	0.81	1.06	1.41	1.31	1.39	1.14
Price/Cash Flow	- -	- -	- -	- -	17.31	24.46	15.79	14.57	17.25	11.06	13.61	14.94	14.92	17.67	17.94
Price/Cash Flow Average	- -	- -	- -	- -	17.41	20.61	15.15	18.73	17.08	11.21	12.32	13.85	13.23	19.05	15.67
Price/Cash Flow High	- -	- -	- -	- -	19.05	25.54	16.56	21.59	18.83	14.08	13.8	15.5	14.99	21.14	18.77
Price/Cash Flow Low	- -	- -	- -	- -	16.2	17.42	13.22	11.35	14.89	7.95	9.56	12.15	11.76	16.1	11.67
Price/Free Cash Flow Average	- -	- -	- -	- -	17.7	20.99	15.42	18.97	17.23	11.24	12.39	14	13.35	19.3	15.86
Price/Free Cash Flow High	- -	- -	- -	- -	19.37	26.01	16.86	21.87	19	14.13	13.88	15.67	15.13	21.41	19
Price/Free Cash Flow Low	- -	- -	- -	- -	16.48	17.74	13.46	11.5	15.02	7.98	9.61	12.27	11.88	16.31	11.81
EV/Sales Average	- -	- -	- -	- -	1.41	1.5	1.91	1.91	1.62	1.45	1.65	1.88	1.69	1.81	1.68
EV/Sales High	- -	- -	- -	- -	1.54	1.84	2.09	2.15	1.75	1.74	1.82	2.07	1.89	1.99	1.98
EV/Sales Low	- -	- -	- -	- -	1.31	1.27	1.67	1.28	1.45	1.12	1.35	1.68	1.53	1.56	1.28
EV/EBITDA Average	- -	- -	- -	- -	9.39	10.91	12.67	13.4	11.79	10.99	12.6	14.54	14.01	15.19	14.02
EV/EBITDA High	- -	- -	- -	- -	10.26	13.43	13.83	15.1	12.77	13.2	13.84	16.02	15.64	16.68	16.56
EV/EBITDA Low	- -	- -	- -	- -	8.74	9.28	11.09	8.99	10.58	8.49	10.29	13.01	12.66	13.08	10.75
EV/EBIT Average	- -	- -	- -	- -	10.44	12.23	13.99	15.72	13.93	13.33	15.29	17.6	16.86	17.99	16.44
EV/EBIT High	- -	- -	- -	- -	11.41	15.06	15.27	17.73	15.08	16	16.8	19.39	18.82	19.76	19.42
EV/EBIT Low	- -	- -	- -	- -	9.72	10.4	12.24	10.55	12.5	10.29	12.49	15.75	15.24	15.5	12.6
Last Price	- -	- -	- -	- -	140.47	173.64	204.56	155.29	178.38	148.72	207.38	248.42	257.31	265.3	341.26
High Price	- -	- -	- -	- -	154.56	181.28	214.54	230.13	194.74	189.31	210.19	257.87	258.46	317.31	357.04
Enterprise Value Average	- -	- -	- -	- -	44,830	45,793	59,263	69,083	63,677	55,075	63,663	74,093	71,585	86,299	88,051
Enterprise Value High	- -	- -	- -	- -	48,991	56,376	64,695	77,893	68,930	66,140	69,924	81,635	79,886	94,760	103,997
Enterprise Value Low	- -	- -	- -	- -	41,763	38,948	51,854	46,377	57,113	42,526	51,990	66,311	64,683	74,320	67,490

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	356	356	353	332	313	302	297	289	290	286	278	274	274	270	270
Diluted Weighted Avg Shares	368	353	354	341	327	310	305	299	291	288	282	278	276	278	272
Basic Weighted Avg Shares	364	353	351	335	321	305	299	295	288	287	280	275	273	274	269
Revenue per Share	89.75	87.72	88.2	92.04	98.91	100.3	103.52	122.56	136.49	132.19	137.19	143.14	154.79	174.21	195.28
EBITDA per Share	12.13	3.84	12.02	13.08	14.86	13.77	15.63	17.46	18.73	17.47	18.02	18.51	18.7	20.74	23.34
Operating Income per Share	10.51	7.81	10.52	11.6	13.37	12.29	14.16	14.88	15.85	14.41	14.85	15.3	15.54	17.51	19.9
Basic EPS, GAAP	6.94	-0.94	6.72	7.56	9.45	8.44	9.73	11.33	12.08	11.04	11.62	12.31	12.14	13.81	15.64
Basic EPS from Cont Ops	7.01	-1.08	7.09	7.97	9.45	8.79	9.73	11.37	12.08	11.04	11.62	12.31	12.14	13.81	15.64
Diluted EPS, GAAP	6.87	-0.94	6.67	7.42	9.29	8.29	9.56	11.18	11.98	11	11.55	12.19	12.02	13.63	15.46
Diluted EPS from Cont Ops	6.94	-1.08	7.03	7.83	9.29	8.63	9.56	11.22	11.98	11	11.55	12.19	12.02	13.63	15.46
Dividend per Share	1.85	2.53	1.69	2.45	2.72	2.99	3.3	3.64	4	4.32	4.69	4.97	5.23	5.58	5.92
Cash Flow per Share	8.89	7.38	8.87	11.42	8.11	7.1	12.95	10.66	10.34	13.45	15.23	16.63	17.25	15.01	19.03
Free Cash Flow per Basic Share	8.89	7.38	8.87	11.42	8.11	7.1	12.95	10.66	10.34	13.45	15.23	16.63	17.25	15.01	19.03
Cash & Equivalents per Share	7.43	9.25	15	13.21	8.9	7.72	10.05	3.34	3.11	9.86	5.77	4.53	6.99	6.28	8.63
Book Value per Share	37.12	31.96	41.03	35.61	34.31	34.06	38.52	40.64	48.26	54.67	63.54	67.66	77.85	81.61	94.76
Tangible Book Value per Share	-6.05	-5.73	4.32	-2.45	-4.69	-6.02	-3.98	-36.19	-27.67	-22.72	-15.98	-13.08	-3.45	-0.05	11.98