Bread Financial Holdings, Inc. Financial Ratios — LID 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 (%)	316.77	119.88	71.69	31.14	27.07	28.12	44.9	46	14.04	13.76	44.4	10.25	27.71	9.28	16.24
Return on Assets (%)	3.65	4.03	3.93	3.02	2.8	2.16	2.81	3.15	0.98	0.87	3.62	0.95	2.96	1.2	2.27
Return on Capital (%)	19.12	10.73	7.73	5.7	5.48	4.65	5.91	6.69	3.07	3.03	8.07	2.22	7.66	3.24	6.3
Return on Invested Capital (%)	23.19	12.11	8.69	6.66	6.35	5.59	7.08	8.41	8.11	6.31	7.77	- -	- -	- -	- -
Gross Margin (%)	33.49	34.14	33.91	34.39	35.64	34.08	46.57	45.66	2.72	22.04	51.28	- -	- -	- -	- -
EBITDA Margin (%)	30.44	31.34	30.45	26.62	27.24	24.9	36.81	39.61	46.49	32.52	35.69	- -	- -	- -	- -
Operating Margin (%)	16.2	18.75	18.37	15.8	15.47	11.73	19.41	21.44	24.2	11.96	31.93	- -	- -	- -	- -
Incremental Operating Margin (%)	53.21	36.06	16.31	4.52	13.93	- -	- -	79.47	17.45	831.6	- -	- -	- -	- -	- -
Pretax Margin (%)	16.2	18.75	18.37	15.8	14.47	11.73	19.41	21.44	19.77	9.13	31.93	7.75	22.54	9.93	15.99
Profit Margin (%)	9.94	11.6	11.49	9.55	9.26	7.23	14.41	17	8.3	6.49	24.5	5.76	16.72	7.22	13.47
Net Income to Common Margin (%)	9.94	11.6	11.49	9.55	9.26	7.23	14.41	17	8.22	6.49	24.5	5.76	16.72	7.22	13.47
Effective Tax Rate (%)	38.67	38.17	37.46	38.41	35.02	38.16	27.6	22.18	23.56	30.9	23.66	25.33	23.86	26.77	15.28
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	5.78	15.02	13.24	24.68	29.33	5.27	19.2	5.7	15.41	8.06
Sustainable Growth Rate (%)	316.77	119.88	71.69	31.14	27.07	26.5	38.15	39.91	10.57	9.73	42.06	8.28	26.13	7.85	14.93

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	2,183	6,986	7,392	9,401	11,500	12,557	14,887	13,377	7,316	8,676	7,579	8,133	5,440	5,685	4,393
ST Debt	20	2,277	1,389	1,267	1,419	2,454	1,471	2,857	23	- -	- -	- -	- -	- -	- -
LT Debt	2,164	4,708	6,003	8,134	10,081	10,103	13,416	10,521	7,293	8,676	7,579	8,133	5,440	5,685	4,393
Total Debt/EBITDA	2.26	6.12	5.62	6.66	6.56	7.06	7.39	5.96	4.7	8.09	6.49	- -	- -	- -	- -
Net Debt/EBITDA	2.04	5.34	4.88	5.9	5.89	6.02	5.31	4.26	4.02	5.32	3.76	- -	- -	- -	- -
Total Debt/EBIT	2.69	7.17	6.73	8.56	9.11	9.92	9.81	7.61	5.6	9.77	7.26	- -	- -	- -	- -
Net Debt/EBIT	2.42	6.25	5.84	7.58	8.19	8.45	7.05	5.44	4.79	6.43	4.21	- -	- -	- -	- -
EBITDA to Interest Expense	6.49	6.58	7.26	10.7	9.77	8.15	11.6	14.35	11.97	9.88	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	6.49	6.58	7.26	10.7	9.77	8.15	11.6	14.35	11.97	9.88	- -	- -	- -	- -	- -
EBIT to Interest Expense	3.46	3.94	4.38	6.35	5.55	3.84	6.12	7.77	6.23	3.64	- -	- -	- -	- -	- -
Interest Expense	149	173	181	132	180	218	174	156	130	109	- -	- -	- -	- -	- -
Common Equity/Total Assets	1.96	4.4	6.46	11.83	8.99	6.5	6.05	7.67	5.99	6.75	9.59	8.91	12.61	13.33	14.68
Long-Term Debt/Equity (%)	1,229.58	890.94	701.45	309.06	463	609.29	723.1	451.12	459.2	570.04	363.33	359.07	186.43	186.33	132.04
Long-Term Debt/Capital (%)	91.7	62.66	72.78	67.6	73.71	71.07	80.13	66.97	81.91	85.08	78.42	78.22	65.09	65.08	56.9
Long-Term Debt/Total Assets (%)	24.09	39.24	45.32	40.14	45.11	39.6	43.72	34.62	27.53	38.48	34.85	32.01	23.51	24.84	19.38
Total Debt/Equity (%)	1,240.85	1,321.85	863.82	357.19	528.16	757.25	802.4	573.61	460.62	570.04	363.33	359.07	186.43	186.33	132.04
Total Debt/Capital (%)	92.54	92.97	89.62	78.13	84.08	88.33	88.92	85.15	82.16	85.08	78.42	78.22	65.09	65.08	56.9
Total Debt/Total Assets (%)	24.31	58.21	55.81	46.39	51.45	49.22	48.52	44.02	27.61	38.48	34.85	32.01	23.51	24.84	19.38
Net Debt to Equity	1,117.98	1,152.81	750.49	316.27	474.52	645.13	576.56	409.92	394.1	375.03	210.59	181.72	58.33	61.55	21.16
Net Debt/Capital (%)	91.79	92.02	88.24	75.98	82.59	86.58	85.22	80.39	124.45	77.11	66.37	63.25	35.7	37.14	17.1
EBITDA	966	1,141	1,315	1,412	1,754	1,778	2,016	2,245	1,556	1,072	1,167	- -	- -	- -	- -
EBITDA-CapEx	966	1,141	1,315	1,412	1,754	1,778	2,016	2,245	1,556	1,072	1,167	- -	- -	- -	- -
Operating Income (Loss)	514	683	793	838	996	837	1,063	1,215	810	395	1,044	- -	- -	- -	- -

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	0.06	0.18	0.21	0.17	0.18	0.2	0.41	0.33	0.37	0.25	0.27	- -	- -	- -	- -
Current Ratio	1.71	1.81	2.3	2.19	2.54	2.12	2.43	2.15	2.03	1.72	1.69	- -	- -	- -	- -
Quick Ratio	1.48	1.64	2.09	1.98	2.33	1.98	2.22	1.83	1.95	0.26	0.29	- -	- -	- -	- -
CFO/Avg Current Liab	0.26	0.26	0.21	0.25	0.28	0.27	0.27	0.25	0.1	0.16	0.13	- -	- -	- -	- -
Common Equity/Total Assets	1.96	4.4	6.46	11.83	8.99	6.5	6.05	7.67	5.99	6.75	9.59	8.91	12.61	13.33	14.68
Long-Term Debt/Equity (%)	1,229.58	890.94	701.45	309.06	463	609.29	723.1	451.12	459.2	570.04	363.33	359.07	186.43	186.33	132.04
Long-Term Debt/Capital (%)	91.7	62.66	72.78	67.6	73.71	71.07	80.13	66.97	81.91	85.08	78.42	78.22	65.09	65.08	56.9
Long-Term Debt/Total Assets (%)	24.09	39.24	45.32	40.14	45.11	39.6	43.72	34.62	27.53	38.48	34.85	32.01	23.51	24.84	19.38
Total Debt/Equity (%)	1,240.85	1,321.85	863.82	357.19	528.16	757.25	802.4	573.61	460.62	570.04	363.33	359.07	186.43	186.33	132.04
Total Debt/Capital (%)	92.54	92.97	89.62	78.13	84.08	88.33	88.92	85.15	82.16	85.08	78.42	78.22	65.09	65.08	56.9
Total Debt/Total Assets (%)	24.31	58.21	55.81	46.39	51.45	49.22	48.52	44.02	27.61	38.48	34.85	32.01	23.51	24.84	19.38
CFO/Total Liabilities	11.49	9.89	8.1	7.62	8.72	8.92	9.02	9.82	4.89	8.96	7.85	7.99	9.83	9.37	10.82
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	1.64	1.64	2.03	1.89	1.89	1.58	1.47	1.25	1.23	1.1	0.88	- -	- -	- -	- -

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	11.3	10.85	11.29	9.32	8.88	9.49	6.76	9.24	7.83	11.67	24.68	24.57	27.89	26.56	26.25
Days Sales Outstanding	32.31	33.63	32.32	39.17	41.09	38.45	53.99	39.49	46.61	31.27	14.79	14.85	13.09	13.74	13.91
Inventory Turnover	- -	- -	- -	- -	- -	18.85	11.57	12.78	13.98	13.45	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	19.37	31.53	28.57	26.11	27.14	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	9.4	4.74	5.44	8.2	7.69	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	38.84	77.07	67.1	44.51	47.47	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	18.97	8.45	0.96	28.21	10.94	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	19.08	22.45	10.92	20.5	4.14	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	228	271	234	248	218	164	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	228	271	234	248	218	164	- -	- -	- -	- -	- -

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	4,056	5,614	10,329	14,696	13,395	10,431	10,938	6,355	5,320	3,564	3,344	1,861	1,654	3,023	3,302
- Cash & Cash Equivalents	216	893	970	1,077	1,168	1,859	4,190	3,817	3,874	2,796	3,046	3,891	3,590	3,679	3,604
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	236	167	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	2,183	6,986	7,392	9,401	11,500	12,557	14,887	13,377	7,316	8,676	7,579	8,133	5,440	5,685	4,393
Enterprise Value	6,023	11,707	16,751	23,256	23,894	21,128	21,635	15,915	8,201	9,219	7,702	6,008	3,333	4,859	3,920
Total Capital	2,359	7,514	8,248	12,033	13,678	14,215	16,742	15,709	8,904	10,198	9,665	10,398	8,358	8,736	7,720
Total Debt/Capital (%)	92.54	92.97	89.62	78.13	84.08	88.33	88.92	85.15	82.16	85.08	78.42	78.22	65.09	65.08	56.9
Total Debt / EV	0.36	0.6	0.44	0.4	0.48	0.59	0.69	0.84	0.89	0.94	0.98	1.35	1.63	1.17	1.12
EV/Sales	1.9	3.21	3.88	4.39	3.71	2.96	3.95	2.81	2.45	2.8	2.36	1.55	0.78	1.27	1.02
EV/EBITDA	6.24	10.26	12.74	16.48	13.62	11.89	10.73	7.09	5.27	8.6	6.6	- -	- -	- -	- -
EV/EBIT	7.41	12.01	15.24	21.17	18.94	16.7	14.25	9.06	6.27	10.38	7.38	- -	- -	- -	- -
EV/Cash Flow to Firm	5.46	9.43	15	16.31	12.73	9.34	7.94	5.53	6.22	4.71	4.99	3.25	1.68	2.61	1.87
EV/Free Cash Flow to Firm	5.46	9.43	15	16.31	12.73	9.34	7.94	5.53	6.22	4.71	4.99	3.25	1.68	2.61	1.87
Diluted Market Cap	4,704	7,255	13,404	14,371	13,708	10,703	11,037	6,558	5,689	3,435	3,351	1,864	1,678	3,103	3,564
Diluted Enterprise Value	6,672	13,347	19,826	22,931	24,208	21,401	21,734	16,117	8,569	9,090	7,709	6,011	3,357	4,939	4,182
EV per Share	120.87	236.01	324.94	364.44	392.5	368.09	390.53	298.03	172.28	185.5	154.36	120.4	67.61	98.96	88.88
TTM Sales	3,173	3,641	4,319	5,303	6,440	7,138	5,475	5,667	3,348	3,298	3,270	3,870	4,295	3,838	3,845
TTM EBITDA	966	1,141	1,315	1,412	1,754	1,778	2,016	2,245	1,556	1,072	1,167	- -	- -	- -	- -
TTM Operating Income	514	683	793	838	996	837	1,063	1,215	810	395	1,044	- -	- -	- -	- -
TTM Cash Flow to Firm	1,103	1,241	1,117	1,425	1,876	2,262	2,725	2,877	1,317	1,958	1,543	1,848	1,987	1,859	2,092
TTM Free Cash Flow to Firm	1,103	1,241	1,117	1,425	1,876	2,262	2,725	2,877	1,317	1,958	1,543	1,848	1,987	1,859	2,092

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	4.65	6.4	13.36	10.69	7.79	5.03	4.25	2.38	4.67	1.82	2.17	1.01	0.84	1.67	1.7
EV/EBIT	7.41	12.01	15.24	21.17	18.94	16.7	14.25	9.06	6.27	10.38	7.38	- -	- -	- -	- -
Enterprise Value	6,023	11,707	16,751	23,256	23,894	21,128	21,635	15,915	8,201	9,219	7,702	6,008	3,333	4,859	3,920
Low Price	54.63	79.77	115.07	183.84	192.75	141.11	164.38	117.8	78.95	21.01	64.4	29.67	23.79	29.37	38.84
EV/Sales	1.9	3.21	3.88	4.39	3.71	2.96	3.95	2.81	2.45	2.8	2.36	1.55	0.78	1.27	1.02
EV/EBITDA	6.24	10.26	12.74	16.48	13.62	11.89	10.73	7.09	5.27	8.6	6.6	- -	- -	- -	- -
Price/Earnings	13.09	13.4	19.87	25.66	22.83	20.65	13.94	6.78	20.31	16.02	4.16	8.34	2.33	11.02	6.76
Price/Earnings Average	10.86	12.13	14.92	23.33	23.37	19.23	13.22	10.05	20.64	13.31	5.93	10.72	2.31	8.16	5.3
Price/Earnings High	13.41	13.7	21.22	25.94	25.42	24.47	14.78	12.42	26.28	25.57	7.87	16.77	3.04	11.88	7.12
Price/Earnings Low	8.79	9.45	11.41	20.48	20	16.03	11.61	6.71	14.35	4.69	4	6.64	1.65	5.26	3.51
Price/Book Value	23.05	10.62	12.07	6.13	6.66	6.29	5.9	2.73	3.35	2.34	1.6	0.82	0.57	0.99	0.99
Price/Book Value Average	19.13	9.61	9.06	5.58	6.82	5.86	5.59	4.04	3.4	1.95	2.29	1.06	0.56	0.73	0.78
Price/Book Value High	23.62	10.86	12.89	6.2	7.42	7.46	6.25	4.99	4.34	3.74	3.04	1.65	0.74	1.07	1.05
Price/Book Value Low	15.47	7.49	6.93	4.9	5.84	4.88	4.91	2.7	2.37	0.69	1.54	0.65	0.4	0.47	0.51
Price/Tangible Book Value	-2.45	-3.11	-7.71	-4.92	-4.45	-3.32	-3.87	5.48	11.08	4.39	2.39	1.27	0.77	1.31	1.26
Price/Tangible Book Value Average	-2.03	-2.81	-5.79	-4.48	-4.56	-3.09	-3.67	8.11	11.26	3.65	3.41	1.63	0.76	0.97	0.99
Price/Tangible Book Value High	-2.51	-3.18	-8.23	-4.98	-4.96	-3.93	-4.1	10.03	14.34	7.02	4.53	2.55	1	1.41	1.33
Price/Tangible Book Value Low	-1.64	-2.19	-4.43	-3.93	-3.9	-2.57	-3.22	5.42	7.83	1.29	2.3	1.01	0.54	0.63	0.66
Price/Sales	1.3	1.55	2.28	2.45	2.12	1.49	2.01	1.15	1.67	1.04	1.02	0.48	0.39	0.8	0.91
Price/Sales Average	1.08	1.41	1.71	2.23	2.16	1.39	1.9	1.71	1.7	0.86	1.45	0.62	0.39	0.59	0.71
Price/Sales High	1.33	1.59	2.44	2.48	2.35	1.77	2.13	2.11	2.16	1.66	1.93	0.97	0.51	0.86	0.96
Price/Sales Low	0.87	1.1	1.31	1.96	1.85	1.16	1.67	1.14	1.18	0.3	0.98	0.38	0.28	0.38	0.47
Price/Cash Flow	4.08	4.99	9.82	9.66	7.74	5.01	4.23	2.37	4.59	1.82	2.16	1.01	0.84	1.64	1.67
Price/Cash Flow Average	3.39	4.52	7.38	8.79	7.92	4.66	4.01	3.51	4.66	1.51	3.08	1.29	0.83	1.22	1.31
Price/Cash Flow High	4.18	5.1	10.49	9.77	8.62	5.93	4.49	4.34	5.94	2.91	4.09	2.02	1.1	1.77	1.76
Price/Cash Flow Low	2.74	3.52	5.64	7.71	6.78	3.89	3.52	2.35	3.24	0.53	2.07	0.8	0.6	0.78	0.87
Price/Free Cash Flow Average	3.86	5.79	10.03	9.72	7.97	4.69	4.03	3.52	4.75	1.52	3.1	1.3	0.84	1.24	1.34
Price/Free Cash Flow High	4.77	6.54	14.27	10.81	8.67	5.96	4.5	4.36	6.05	2.91	4.11	2.03	1.1	1.8	1.79
Price/Free Cash Flow Low	3.12	4.51	7.67	8.53	6.82	3.91	3.54	2.36	3.3	0.53	2.09	0.8	0.6	0.8	0.88
EV/Sales Average	1.68	3.07	3.28	4.13	3.76	2.86	3.85	3.35	2.48	2.61	2.79	1.69	0.77	1.06	0.83
EV/Sales High	1.93	3.25	4.04	4.42	3.95	3.23	4.07	3.74	2.92	3.44	3.27	2.04	0.89	1.33	1.06
EV/Sales Low	1.48	2.76	2.86	3.83	3.45	2.63	3.62	2.8	1.98	2.03	2.32	1.45	0.66	0.85	0.61
EV/EBITDA Average	5.52	9.79	10.78	15.53	13.8	11.48	10.45	8.45	5.32	8.04	7.82	- -	- -	- -	- -
EV/EBITDA High	6.34	10.37	13.27	16.59	14.49	12.97	11.06	9.44	6.27	10.58	9.16	- -	- -	- -	- -
EV/EBITDA Low	4.86	8.81	9.39	14.38	12.68	10.57	9.83	7.06	4.27	6.25	6.49	- -	- -	- -	- -
EV/EBIT Average	6.56	11.47	12.9	19.96	19.19	16.13	13.88	10.8	6.34	9.7	8.74	- -	- -	- -	- -
EV/EBIT High	7.53	12.14	15.88	21.32	20.14	18.22	14.69	12.06	7.47	12.77	10.24	- -	- -	- -	- -
EV/EBIT Low	5.77	10.31	11.24	18.47	17.62	14.85	13.05	9.02	5.08	7.54	7.25	- -	- -	- -	- -
Last Price	81.39	113.18	200.36	230.3	220.03	181.72	197.44	119.01	111.77	71.72	67.02	37.29	33.56	61.57	74.87
High Price	83.41	115.67	214.01	232.89	244.93	215.38	209.28	217.81	144.66	114.47	126.91	74.95	43.82	66.37	78.84
Enterprise Value Average	5,333	11,173	14,177	21,922	24,211	20,415	21,066	18,971	8,288	8,617	9,125	6,538	3,320	4,073	3,207
Enterprise Value High	6,124	11,830	17,455	23,421	25,410	23,060	22,291	21,191	9,766	11,344	10,691	7,887	3,840	5,095	4,095
Enterprise Value Low	4,690	10,049	12,354	20,290	22,234	18,797	19,803	15,850	6,638	6,699	7,571	5,627	2,852	3,278	2,331

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	50	50	52	64	61	57	55	53	48	50	50	50	49	49	44
Diluted Weighted Avg Shares	58	64	67	62	62	59	56	55	51	48	50	50	50	50	48
Basic Weighted Avg Shares	51	50	49	56	62	59	56	55	50	48	50	50	50	50	47
Revenue per Share	62.59	72.83	87.79	94.02	104.03	121.81	98.29	103.22	66.96	69	65.79	77.56	86.24	77.38	82.16
EBITDA per Share	19.05	22.82	26.73	25.03	28.34	30.33	36.18	40.89	31.13	22.44	23.48	- -	- -	- -	- -
Operating Income per Share	10.14	13.66	16.13	14.86	16.09	14.28	19.08	22.13	16.21	8.25	21.01	- -	- -	- -	- -
Basic EPS, GAAP	6.22	8.45	10.08	8.98	9.64	8.8	14.16	17.54	5.5	4.48	16.12	4.47	14.42	5.58	11.07
Basic EPS from Cont Ops	6.22	8.45	10.08	9.15	9.78	8.83	13.81	17.22	10.12	4.35	16.04	4.49	14.8	5.63	11.13
Diluted EPS, GAAP	5.45	6.59	7.42	8.11	9.57	8.76	14.11	17.48	5.41	4.47	16.02	4.46	14.36	5.5	10.88
Diluted EPS from Cont Ops	5.45	6.59	7.42	8.27	9.72	8.79	13.76	17.16	9.94	4.34	15.94	4.48	14.74	5.54	10.95
Dividend per Share	- -	- -	- -	- -	- -	0.51	2.07	2.28	2.54	1.28	0.85	0.86	0.84	0.87	0.9
Cash Flow per Share	19.95	22.68	20.4	23.83	28.43	36.3	46.66	50.18	24.36	39.39	31.05	37.03	39.9	37.48	44.7
Free Cash Flow per Basic Share	19.95	22.68	20.4	23.83	28.43	36.3	46.66	50.18	24.36	39.39	31.05	37.03	39.9	37.48	44.7
Cash & Equivalents per Share	4.34	18.01	18.81	16.88	19.19	32.39	75.63	71.49	93.19	60.78	64.55	79.88	76.29	78.39	85.6
Book Value per Share	3.53	10.65	16.6	37.55	33.02	28.89	33.49	43.67	33.37	30.62	41.8	45.39	59.19	62.14	75.44
Tangible Book Value per Share	-33.25	-36.4	-26	-46.78	-49.41	-54.8	-51	21.72	10.09	16.32	28.04	29.38	43.73	46.95	59.21