The J.M. Smucker Company Financial Ratios — JM2 Stock

Profitability (USD)

	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Return on Common Equity (%)	8.79	10.55	11.11	5.69	9.77	8.55	18.16	6.49	9.65	10.74	7.77	-1.18	9.93	-17.87	-2.39
Return on Assets (%)	5.27	6	6.25	2.67	4.2	3.75	8.65	3.21	4.63	5.27	3.91	-0.59	4.22	-6.51	-0.82
Return on Capital (%)	7.4	8.42	8.58	3.88	6.3	5.69	- -	5.01	6.63	7.47	5.84	- -	6.74	- -	- -
Return on Invested Capital (%)	7.38	8.42	8.48	4.97	6.28	5.7	- -	5.12	6.67	7.68	5.95	- -	6.99	- -	- -
Gross Margin (%)	33.39	34.38	36.2	34.58	37.99	38.35	38.55	37.2	38.48	39.22	33.76	32.85	38.09	38.79	33.53
EBITDA Margin (%)	17.86	19.69	20.95	18.25	20.17	19.77	19.81	17.54	21.4	22.98	18.54	6.9	21.23	-1.96	10.13
Operating Margin (%)	15.68	16.28	16.84	14.58	16.4	16.95	17.21	15.28	16.56	17.32	14.66	13.84	17.72	18.96	14.84
Incremental Operating Margin (%)	0.81	25.06	5.33	- -	21.31	6.8	- -	- -	- -	46.6	5,615.79	1.53	- -	37.56	- -
Pretax Margin (%)	12.69	13.86	15.14	9.19	12.52	11.88	11.7	8.95	13.16	14.64	10.55	-0.11	12.18	-12	-0.69
Profit Margin (%)	8.32	9.23	10.07	6.06	8.82	8.01	18.19	6.56	9.99	10.95	7.9	-1.07	9.1	-14.1	-1.53
Net Income to Common Margin (%)	8.32	9.23	10.07	6.06	8.82	8.01	18.19	6.56	9.99	10.95	7.9	-1.07	9.1	-14.1	-1.53
Effective Tax Rate (%)	34.44	33.41	33.48	34.05	29.57	32.57	- -	26.68	24.08	25.22	25.14	- -	25.33	- -	- -
Dvd Payout Ratio (%)	46.49	40.94	42.11	73.64	45.97	57.29	26.17	73.46	50.9	46.01	66.19	-471.19	58.8	-37	-335.04
Sustainable Growth Rate (%)	4.71	6.23	6.43	1.5	5.28	3.65	13.41	1.72	4.74	5.8	2.63	-6.76	4.09	-24.48	-10.38

Credit (USD)

Credit Ratios API ChatGPT

	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Total Debt	2,071	2,018	2,216	6,171	5,430	5,399	4,832	5,911	5,778	4,906	4,607	4,425	8,508	7,762	7,089
ST Debt	50	50	343	226	284	953	144	1,225	285	1,276	220	33	1,590	641	571
LT Debt	2,021	1,968	1,873	5,945	5,146	4,446	4,688	4,686	5,493	3,630	4,387	4,391	6,917	7,121	6,518
Total Debt/EBITDA	2.1	1.74	1.89	5.94	3.45	3.69	3.32	4.3	3.46	2.67	3.11	7.52	4.9	-45.28	7.73
Net Debt/EBITDA	1.87	1.52	1.75	5.82	3.38	3.58	3.18	4.23	3.13	2.4	2.91	6.22	4.78	-44.39	7.53
Total Debt/EBIT	2.66	2.22	2.41	7.99	4.74	5.18	4.63	6.37	4.72	3.54	4.5	28.09	6.52	-11.52	19.68
Net Debt/EBIT	2.37	1.93	2.24	7.83	4.65	5.02	4.44	6.26	4.28	3.19	4.22	23.23	6.36	-11.29	19.17
EBITDA to Interest Expense	12.37	12.43	14.8	13.01	9.21	8.96	8.37	6.61	8.82	10.39	9.22	3.87	6.57	-0.44	2.41
EBITDA-CapEx/Interest Expense	8.93	10.22	11.28	9.91	8.03	7.78	6.52	4.88	7.4	8.65	6.62	0.73	4.35	-1.45	1.57
EBIT to Interest Expense	10.86	10.28	11.9	10.39	7.49	7.68	7.27	5.76	6.83	7.83	7.29	7.77	5.48	4.26	3.52
Interest Expense	80	93	79	80	171	163	174	208	189	177	161	152	264	389	381
Common Equity/Total Assets	56.65	57.01	55.51	42.17	43.85	43.8	51.57	47.7	48.27	49.89	50.7	48.63	37.95	34.63	34.18
Long-Term Debt/Equity (%)	39.13	38.22	37.24	83.89	73.43	64.9	59.41	58.8	67.07	44.67	53.89	60.23	89.9	117.07	117.57
Long-Term Debt/Capital (%)	27.93	27.46	25.85	44.84	41.37	36.29	36.85	33.76	39.33	27.85	34.41	37.48	42.7	51.44	51.6
Long-Term Debt/Total Assets (%)	22.17	21.79	20.67	35.37	32.19	28.42	30.64	28.04	32.37	22.29	27.32	29.29	34.12	40.54	40.19
Total Debt/Equity (%)	40.1	39.19	44.07	87.07	77.48	78.81	61.23	74.16	70.54	60.38	56.6	60.69	110.57	127.6	127.87
Total Debt/Capital (%)	28.62	28.16	30.59	46.55	43.65	44.07	37.98	42.58	41.36	37.65	36.14	37.77	52.51	56.06	56.12
Total Debt/Total Assets (%)	22.71	22.34	24.46	36.72	33.97	34.52	31.58	35.37	34.05	30.12	28.69	29.51	41.96	44.19	43.71
Net Debt to Equity	35.65	34.21	41.01	85.3	75.91	76.37	58.79	72.89	63.85	54.37	53.08	50.18	107.9	125.07	124.56
Net Debt/Capital (%)	26.28	25.49	29.08	46.03	43.15	43.3	37.02	42.16	38.52	34.79	34.35	33.08	51.44	55.23	54.91
EBITDA	987	1,161	1,175	1,039	1,575	1,462	1,457	1,375	1,670	1,839	1,483	589	1,737	-171	917
EBITDA-CapEx	713	955	896	792	1,374	1,269	1,135	1,015	1,400	1,533	1,065	111	1,150	-565	600
Operating Income (Loss)	867	960	945	830	1,281	1,253	1,266	1,198	1,292	1,386	1,173	1,181	1,449	1,655	1,343

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Cash Ratio	0.37	0.43	0.17	0.12	0.09	0.09	0.19	0.04	0.25	0.12	0.09	0.58	0.02	0.03	0.02
Current Ratio	2.66	2.67	1.74	1.94	1.3	0.9	1.5	0.69	1.24	0.68	1.03	1.44	0.52	0.81	0.78
Quick Ratio	0.94	0.96	0.52	0.54	0.46	0.33	0.56	0.26	0.59	0.3	0.36	0.88	0.21	0.26	0.28
CFO/Avg Current Liab	1.33	1.41	1.15	0.77	1.31	0.7	0.85	0.68	0.64	0.7	0.47	0.61	0.43	0.38	0.57
Common Equity/Total Assets	56.65	57.01	55.51	42.17	43.85	43.8	51.57	47.7	48.27	49.89	50.7	48.63	37.95	34.63	34.18
Long-Term Debt/Equity (%)	39.13	38.22	37.24	83.89	73.43	64.9	59.41	58.8	67.07	44.67	53.89	60.23	89.9	117.07	117.57
Long-Term Debt/Capital (%)	27.93	27.46	25.85	44.84	41.37	36.29	36.85	33.76	39.33	27.85	34.41	37.48	42.7	51.44	51.6
Long-Term Debt/Total Assets (%)	22.17	21.79	20.67	35.37	32.19	28.42	30.64	28.04	32.37	22.29	27.32	29.29	34.12	40.54	40.19
Total Debt/Equity (%)	40.1	39.19	44.07	87.07	77.48	78.81	61.23	74.16	70.54	60.38	56.6	60.69	110.57	127.6	127.87
Total Debt/Capital (%)	28.62	28.16	30.59	46.55	43.65	44.07	37.98	42.58	41.36	37.65	36.14	37.77	52.51	56.06	56.12
Total Debt/Total Assets (%)	22.71	22.34	24.46	36.72	33.97	34.52	31.58	35.37	34.05	30.12	28.69	29.51	41.96	44.19	43.71
CFO/Total Liabilities	18.5	22.04	21.24	7.6	16.28	12.05	16.44	13.06	14.29	19.18	14.36	15.51	9.77	10.54	13.8
CFO/CapEx	2.67	4.14	3.06	2.98	7.25	5.5	3.78	3.17	4.66	5.1	2.72	2.5	2.1	3.07	4.64
Altman's Z-Score	- -	- -	- -	3.77	5.17	4.8	5.5	4.82	4.76	4.7	4.75	4.33	3.17	3.24	2.96

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Accounts Receivable Turnover	15.97	17.84	18.01	15.4	17.75	16.63	17.85	17.63	14.79	14.75	15.12	15.2	12.26	12.88	14.19
Days Sales Outstanding	22.85	20.46	20.27	23.71	20.56	21.94	20.45	20.71	24.69	24.75	24.15	24.01	29.77	28.35	25.71
Inventory Turnover	4.03	4.06	3.82	3.56	4.7	5.05	5.14	5.58	5.32	5.24	5.17	5.46	4.94	4.75	5.15
Days Inventory Outstanding	90.5	89.93	95.67	102.65	77.73	72.29	71.05	65.43	68.66	69.61	70.59	66.89	73.84	76.82	70.86
Accounts Payable Turnover	14.83	13.75	12.4	11.44	10.62	9.74	9.04	9.03	6.97	5.43	4.87	4.37	3.73	4.2	4.82
Accounts Payable Turnover Days	24.61	26.54	29.43	31.92	34.36	37.46	40.39	40.44	52.38	67.25	74.9	83.56	97.79	86.91	75.78
Cash Conversion Cycle	88.74	83.85	86.5	94.44	63.94	56.78	51.1	45.7	40.97	27.11	19.84	7.34	5.82	18.26	20.79
Inventory to Cash Days	-67.65	-69.47	-75.4	-78.94	-57.17	-50.35	-50.6	-44.72	-43.98	-44.86	-46.44	-42.87	-44.07	-48.47	-45.14
Inventories	962	946	931	1,164	899	906	854	910	895	960	1,089	1,010	1,039	1,209	1,127
Raw Materials	318	327	360	349	339	343	312	320	332	352	385	352	400	529	542
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	644	619	572	815	560	562	542	591	564	608	704	658	639	680	584
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Market Capitalization	- -	- -	- -	13,845	14,680	14,338	12,993	13,905	13,088	14,173	14,611	16,096	12,226	12,358	10,448
- Cash & Cash Equivalents	230	256	154	126	110	167	193	101	391	334	170	656	62	70	59
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	2,071	2,018	2,216	6,171	5,430	5,399	4,832	5,911	5,778	4,906	4,607	4,425	8,508	7,762	7,089
Enterprise Value	- -	- -	- -	19,890	20,000	19,570	17,632	19,715	18,475	18,744	19,048	19,377	20,672	20,050	17,479
Total Capital	7,234	7,167	7,246	13,258	12,439	12,249	12,723	13,881	13,969	13,030	12,747	11,715	16,201	13,844	12,633
Total Debt/Capital (%)	28.62	28.16	30.59	46.55	43.65	44.07	37.98	42.58	41.36	37.65	36.14	37.77	52.51	56.06	56.12
Total Debt / EV	- -	- -	- -	0.31	0.27	0.28	0.27	0.3	0.31	0.26	0.24	0.23	0.41	0.39	0.41
EV/Sales	- -	- -	- -	3.49	2.56	2.65	2.4	2.52	2.37	2.34	2.38	2.27	2.53	2.3	1.93
EV/EBITDA	- -	- -	- -	19.14	12.7	13.39	12.1	14.34	11.07	10.19	12.85	32.93	11.9	- -	19.06
EV/EBIT	- -	- -	- -	25.76	17.46	18.77	16.89	21.23	15.1	13.52	18.61	123.03	15.83	- -	48.53
EV/Cash Flow to Firm	- -	- -	- -	25.12	12.65	16.74	- -	15.24	13.21	11.04	15.16	- -	14.49	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	36.56	14.49	20.04	- -	21.11	16.36	13.48	22.7	- -	24.6	- -	- -
Diluted Market Cap	- -	- -	- -	12,006	15,080	14,677	12,996	13,900	13,080	14,704	14,878	16,374	12,020	12,355	10,452
Diluted Enterprise Value	- -	- -	- -	18,051	20,401	19,908	17,635	19,710	18,466	19,275	19,315	19,655	20,465	20,047	17,482
EV per Share	- -	- -	- -	166.34	171.96	172.51	155.25	173.33	161.95	173.01	178.93	185.6	194.66	188.39	163.87
TTM Sales	5,526	5,898	5,611	5,693	7,811	7,392	7,357	7,838	7,801	8,003	7,999	8,529	8,179	8,726	9,051
TTM EBITDA	987	1,161	1,175	1,039	1,575	1,462	1,457	1,375	1,670	1,839	1,483	589	1,737	-171	917
TTM Operating Income	867	960	945	830	1,281	1,253	1,266	1,198	1,292	1,386	1,173	1,181	1,449	1,655	1,343
TTM Cash Flow to Firm	783	918	909	792	1,581	1,169	- -	1,294	1,398	1,697	1,257	- -	1,427	- -	- -
TTM Free Cash Flow to Firm	509	711	629	544	1,380	977	- -	934	1,129	1,391	839	- -	840	- -	- -

Multiples (USD)

Valuation Multiples API ChatGPT

	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Price/Free Cash Flow	- -	- -	- -	24.43	11.97	16.94	14.5	17.79	13.27	11.69	20.7	22.84	18.7	15.13	9.04
EV/EBIT	- -	- -	- -	25.76	17.46	18.77	16.89	21.23	15.1	13.52	18.61	123.03	15.83	- -	48.53
Enterprise Value	- -	- -	- -	19,890	20,000	19,570	17,632	19,715	18,475	18,744	19,048	19,377	20,672	20,050	17,479
Low Price	- -	- -	- -	102.4	105.43	124.71	100.51	92.05	96.16	102.72	118.78	119.55	107.39	99.26	88.78
EV/Sales	- -	- -	- -	3.49	2.56	2.65	2.4	2.52	2.37	2.34	2.38	2.27	2.53	2.3	1.93
EV/EBITDA	- -	- -	- -	19.14	12.7	13.39	12.1	14.34	11.07	10.19	12.85	32.93	11.9	- -	19.06
Price/Earnings	- -	- -	- -	34.81	21.89	24.76	9.71	27.02	16.78	16.78	23.51	- -	16.11	- -	- -
Price/Earnings Average	- -	- -	- -	34.09	20.62	26.73	10.06	23.79	16.29	14.84	22.56	- -	18.37	- -	- -
Price/Earnings High	- -	- -	- -	35.81	22.85	30.73	11.24	27.11	18.71	17.15	25.42	- -	22.38	- -	- -
Price/Earnings Low	- -	- -	- -	30.79	18.28	24.43	8.53	20.35	14.06	13.17	20.35	- -	15.03	- -	- -
Price/Book Value	- -	- -	- -	1.95	2.09	2.09	1.65	1.74	1.6	1.74	1.8	2.21	1.59	2.03	1.88
Price/Book Value Average	- -	- -	- -	1.91	1.97	2.26	1.71	1.54	1.55	1.54	1.72	2.06	1.81	1.99	2.02
Price/Book Value High	- -	- -	- -	2.01	2.19	2.6	1.91	1.75	1.78	1.78	1.94	2.36	2.21	2.17	2.25
Price/Book Value Low	- -	- -	- -	1.73	1.75	2.07	1.45	1.31	1.34	1.37	1.55	1.71	1.48	1.74	1.71
Price/Tangible Book Value	- -	- -	- -	-2.36	-2.63	-2.67	-3.27	-2.75	-2.88	-3.6	-4.14	-6.83	-1.7	-2.07	-1.95
Price/Tangible Book Value Average	- -	- -	- -	-2.31	-2.48	-2.88	-3.39	-2.42	-2.8	-3.18	-3.97	-6.37	-1.93	-2.02	-2.09
Price/Tangible Book Value High	- -	- -	- -	-2.42	-2.75	-3.31	-3.79	-2.76	-3.21	-3.68	-4.48	-7.32	-2.36	-2.21	-2.34
Price/Tangible Book Value Low	- -	- -	- -	-2.08	-2.2	-2.63	-2.88	-2.07	-2.41	-2.82	-3.58	-5.3	-1.58	-1.77	-1.77
Price/Sales	- -	- -	- -	2.11	1.93	1.98	1.77	1.77	1.68	1.84	1.86	1.92	1.47	1.42	1.15
Price/Sales Average	- -	- -	- -	2.07	1.82	2.14	1.83	1.56	1.63	1.62	1.78	1.79	1.67	1.38	1.24
Price/Sales High	- -	- -	- -	2.17	2.01	2.46	2.05	1.78	1.87	1.88	2.01	2.06	2.04	1.51	1.38
Price/Sales Low	- -	- -	- -	1.87	1.61	1.96	1.55	1.34	1.41	1.44	1.61	1.49	1.37	1.21	1.05
Price/Cash Flow	- -	- -	- -	16.24	10.32	13.85	10.67	12.18	10.42	9.4	13.07	13.71	9.75	10.21	7.09
Price/Cash Flow Average	- -	- -	- -	15.91	9.72	14.95	11.06	10.72	10.12	8.31	12.54	12.77	11.12	9.98	7.6
Price/Cash Flow High	- -	- -	- -	16.71	10.77	17.18	12.36	12.22	11.62	9.6	14.13	14.68	13.54	10.88	8.48
Price/Cash Flow Low	- -	- -	- -	14.37	8.62	13.66	9.37	9.17	8.74	7.38	11.31	10.63	9.09	8.73	6.43
Price/Free Cash Flow Average	- -	- -	- -	23.93	11.28	18.28	15.03	15.66	12.88	10.33	19.86	21.27	21.32	14.8	9.69
Price/Free Cash Flow High	- -	- -	- -	25.14	12.5	21.02	16.8	17.85	14.8	11.94	22.38	24.46	25.97	16.13	10.8
Price/Free Cash Flow Low	- -	- -	- -	21.61	10	16.71	12.74	13.39	11.12	9.18	17.91	17.71	17.44	12.93	8.19
EV/Sales Average	- -	- -	- -	3.44	2.45	2.8	2.46	2.3	2.32	2.14	2.31	2.14	2.74	2.27	2.01
EV/Sales High	- -	- -	- -	3.56	2.64	3.11	2.68	2.52	2.56	2.38	2.53	2.41	3.11	2.39	2.16
EV/Sales Low	- -	- -	- -	3.21	2.25	2.62	2.18	2.08	2.1	1.96	2.14	1.85	2.43	2.09	1.82
EV/EBITDA Average	- -	- -	- -	18.87	12.15	14.17	12.42	13.13	10.83	9.3	12.45	31.05	12.89	- -	19.87
EV/EBITDA High	- -	- -	- -	19.52	13.1	15.75	13.51	14.37	11.97	10.36	13.65	34.87	14.64	- -	21.28
EV/EBITDA Low	- -	- -	- -	17.6	11.16	13.26	11.02	11.84	9.8	8.54	11.52	26.78	11.43	- -	17.99
EV/EBIT Average	- -	- -	- -	25.39	16.72	19.86	17.34	19.44	14.79	12.33	18.03	116.03	17.14	- -	50.6
EV/EBIT High	- -	- -	- -	26.28	18.03	22.09	18.86	21.28	16.34	13.74	19.76	130.27	19.48	- -	54.18
EV/EBIT Low	- -	- -	- -	23.69	15.35	18.59	15.38	17.53	13.37	11.32	16.68	100.08	15.2	- -	45.81
Last Price	- -	- -	- -	115.78	126.22	126.39	114.4	122.25	114.73	130.82	137.25	154.18	115.13	116.12	97.96
High Price	- -	- -	- -	119.11	131.76	156.86	132.5	122.66	127.93	133.7	148.39	165.11	159.95	123.79	117.05
Enterprise Value Average	- -	- -	- -	19,605	19,146	20,710	18,104	18,049	18,089	17,102	18,459	18,274	22,388	19,778	18,228
Enterprise Value High	- -	- -	- -	20,288	20,645	23,026	19,688	19,761	19,980	19,056	20,234	20,518	25,432	20,867	19,515
Enterprise Value Low	- -	- -	- -	18,290	17,582	19,378	16,055	16,279	16,356	15,699	17,082	15,762	19,850	18,255	16,500

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	2026 Y
As of date	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Shares Outstanding	110	106	102	120	116	113	114	114	114	108	106	104	106	106	107
Diluted Weighted Avg Shares	113	109	104	104	119	116	114	114	114	112	108	106	104	106	107
Basic Weighted Avg Shares	113	109	104	104	119	116	114	114	114	112	108	106	104	106	107
Revenue per Share	48.79	54.19	53.78	54.9	65.4	63.72	64.76	68.94	68.43	71.2	73.93	80.31	78.57	82.01	84.83
EBITDA per Share	8.71	10.67	11.27	10.02	13.19	12.6	12.83	12.09	14.65	16.36	13.71	5.54	16.68	-1.61	8.6
Operating Income per Share	7.65	8.82	9.05	8	10.73	10.8	11.15	10.53	11.33	12.33	10.84	11.12	13.92	15.55	12.59
Basic EPS, GAAP	4.06	5	5.42	3.33	5.77	5.11	11.78	4.52	6.84	7.8	5.84	-0.86	7.15	-11.57	-1.3
Basic EPS from Cont Ops	4.06	5	5.42	3.33	5.77	5.11	11.78	4.52	6.84	7.8	5.84	-0.86	7.15	-11.57	-1.3
Diluted EPS, GAAP	4.06	5	5.42	3.33	5.76	5.1	11.78	4.52	6.84	7.8	5.83	-0.86	7.13	-11.57	-1.3
Diluted EPS from Cont Ops	4.06	5	5.42	3.33	5.76	5.1	11.78	4.52	6.84	7.8	5.83	-0.86	7.13	-11.57	-1.3
Dividend per Share	1.89	2.05	2.28	2.45	2.65	2.92	3.08	3.32	3.48	3.59	3.86	4.05	4.2	4.28	4.36
Cash Flow per Share	6.45	7.86	8.2	7.13	12.23	9.13	10.72	10.04	11.01	13.92	10.5	11.25	11.81	11.38	13.81
Free Cash Flow per Basic Share	4.03	5.97	5.53	4.74	10.55	7.47	7.89	6.87	8.64	11.19	6.64	6.75	6.18	7.67	10.84
Cash & Equivalents per Share	2.08	2.41	1.51	1.05	0.94	1.47	1.7	0.89	3.43	3.09	1.6	10.95	0.58	0.66	0.55
Book Value per Share	46.82	48.35	49.46	59.27	60.26	60.39	69.48	70.08	71.8	74.99	76.46	69.84	72.45	57.15	51.98
Tangible Book Value per Share	-9.78	-9.33	-10.75	-49.13	-47.95	-47.4	-34.93	-44.48	-39.82	-36.37	-33.14	-22.56	-67.91	-56.14	-50.11