McCormick & Company, Incorporated Financial Ratios — MCX

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Return on Common Equity (%)	24.49	24.83	21.52	23.51	23.2	28.65	22.81	32.57	21.25	20.28	18.12	15	13.97	15.23	14.32
Return on Assets (%)	9.97	9.88	9.03	9.88	9.04	10.37	6.36	9.04	6.82	6.66	6.04	5.24	5.24	6.08	6.01
Return on Capital (%)	15.75	15.6	14.14	15.12	14.28	16.66	10.27	- -	10.68	10.23	9.19	8.07	8.56	9.79	9.55
Return on Invested Capital (%)	14.72	14.81	13.34	14.18	13.09	15.42	9.78	- -	9.89	9.58	8.5	6.9	7.65	8.65	8.52
Gross Margin (%)	41.18	40.3	40.4	40.78	40.44	41.52	37.93	39.48	40.12	41.07	39.48	35.82	37.56	38.54	37.9
EBITDA Margin (%)	17.27	16.97	15.92	16.63	15.23	16.99	17.44	19.65	20.88	20.79	19.02	16.76	17.45	18.88	19.04
Operating Margin (%)	14.61	14.41	13.96	14.33	14.2	14.89	16.13	17.54	18.3	18.19	17.26	14.45	15.37	15.91	15.96
Incremental Operating Margin (%)	8.45	12	- -	27.3	3.2	40.63	33.28	29.19	108.97	15.87	10.01	- -	34.26	74.15	18.95
Pretax Margin (%)	13.29	13.11	12.11	13.07	11.55	13.36	12.57	13.98	15.32	15.74	14.18	12.8	11.99	13.36	13.35
Profit Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Net Income to Common Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Effective Tax Rate (%)	29.02	26.57	26.75	26.32	26.46	25.97	25.44	- -	19.21	19.84	21.51	20.74	21.85	20.48	21.45
Dvd Payout Ratio (%)	39.68	40.39	46.25	43.94	51.02	46.11	49.77	29.29	43.01	44.17	48.1	58.17	61.49	57.2	61.19
Sustainable Growth Rate (%)	14.77	14.8	11.57	13.18	11.36	15.44	11.46	23.03	12.11	11.32	9.4	6.28	5.38	6.52	5.56

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
ST Debt	222	393	214	271	343	393	583	644	698	1,151	1,309	1,507	1,072	748	891
LT Debt	1,030	779	1,019	1,014	1,051	1,054	4,444	4,053	3,626	3,857	4,079	3,818	3,520	3,760	3,274
Total Debt/EBITDA	1.96	1.72	1.88	1.82	2.13	1.93	6.09	4.51	3.87	4.3	4.49	5	3.95	3.55	3.2
Net Debt/EBITDA	1.88	1.6	1.78	1.71	1.96	1.77	5.87	4.42	3.73	3.85	4.1	4.53	3.65	3.27	3
Total Debt/EBIT	2.32	2.03	2.24	2.13	2.54	2.26	7.18	5.27	4.52	5.01	5.31	6.17	4.77	4.25	3.89
Net Debt/EBIT	2.22	1.89	2.13	2	2.34	2.07	6.92	5.16	4.35	4.48	4.86	5.58	4.41	3.92	3.64
EBITDA to Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBITDA-CapEx/Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBIT to Interest Expense	10.55	10.59	10.8	12.24	11.44	11.73	7.97	5.33	5.92	7.51	7.98	6.15	4.92	5.11	5.57
Interest Expense	51	55	53	50	53	56	96	175	165	136	137	149	208	209	196
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
Net Debt to Equity	74.03	64.27	60.08	66.74	75.99	81.12	188.27	144.55	120.6	113.73	111.42	102.48	83.5	78.16	67.62
Net Debt/Capital (%)	42.54	39.13	37.53	40.03	43.18	44.79	65.31	59.11	54.67	52.57	52.11	49.69	44.64	43.11	39.65
EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
EBITDA-CapEx	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
Operating Income (Loss)	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Cash Ratio	0.05	0.07	0.06	0.07	0.09	0.08	0.1	0.05	0.07	0.14	0.11	0.1	0.05	0.06	0.03
Current Ratio	1.23	1.08	1.29	1.26	1.1	1	0.83	0.74	0.72	0.68	0.68	0.7	0.65	0.74	0.7
Quick Ratio	0.48	0.46	0.53	0.51	0.46	0.41	0.38	0.31	0.31	0.31	0.28	0.26	0.24	0.27	0.24
CFO/Avg Current Liab	0.37	0.42	0.41	0.46	0.5	0.49	0.48	0.42	0.46	0.4	0.26	0.2	0.38	0.31	0.32
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
CFO/Total Liabilities	13.77	18.46	18.59	19.33	21.18	21.95	10.43	11.61	13.71	12.78	9.77	7.73	15.91	11.89	12.95
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.96	5.5	5.53	5.58	5.74	5.6	4.03	5.31	5.61	4.8	4.78	4.45	4.58	4.92	4.8

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Accounts Receivable Turnover	9.09	8.99	8.58	8.58	9.06	9.59	9.27	9.88	10.47	10.86	11.72	11.31	11.47	11.45	11.25
Days Sales Outstanding	40.16	40.59	42.55	42.54	40.3	38.08	39.36	36.94	34.85	33.6	31.14	32.28	31.81	31.89	32.45
Inventory Turnover	3.99	3.9	3.8	3.61	3.59	3.52	3.79	4.06	4.03	3.6	3.45	3.23	3.37	3.49	3.38
Days Inventory Outstanding	91.56	93.57	95.94	101	101.6	103.79	96.31	89.82	90.48	101.39	105.73	112.94	108.22	104.5	107.91
Accounts Payable Turnover	6.91	6.46	6.6	6.72	6.52	6.09	5.45	4.74	4.13	3.76	3.79	3.79	3.45	3.6	3.43
Accounts Payable Turnover Days	52.85	56.51	55.28	54.35	55.98	59.97	66.95	76.93	88.32	97.09	96.3	96.35	105.92	101.32	106.49
Cash Conversion Cycle	78.88	77.66	83.21	89.19	85.92	81.89	68.73	49.83	37	37.9	40.56	48.87	34.1	35.07	33.87
Inventory to Cash Days	-51.4	-52.98	-53.38	-58.45	-61.29	-65.71	-56.95	-52.88	-55.63	-67.78	-74.59	-80.66	-76.41	-72.61	-75.46
Inventories	614	615	677	714	711	756	793	786	801	1,033	1,182	1,340	1,127	1,240	1,272
Raw Materials	345	342	372	411	391	420	395	380	388	533	626	691	557	622	643
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	269	273	305	303	320	336	398	406	413	499	556	649	570	618	629
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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Market Capitalization	6,440	8,535	9,119	9,547	10,969	11,476	13,414	19,760	22,506	24,701	22,914	22,676	17,315	21,016	18,057
- Cash & Cash Equivalents	54	79	63	77	113	118	187	97	155	424	352	334	167	186	96
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	17	17	15	17	17	12	11	11	13	14	15	19	23	26	32
+ Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
Enterprise Value	7,655	9,645	10,304	10,772	12,268	12,817	18,265	24,371	26,687	29,299	27,966	27,686	21,762	25,364	22,157
Total Capital	2,871	2,872	3,181	3,094	3,081	3,085	7,598	7,879	7,781	8,948	9,814	10,025	9,675	9,825	9,932
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt / EV	0.16	0.12	0.12	0.12	0.11	0.11	0.28	0.19	0.16	0.17	0.19	0.19	0.21	0.18	0.19
EV/Sales	2.07	2.4	2.5	2.54	2.86	2.91	3.86	4.6	4.99	5.23	4.43	4.36	3.27	3.77	3.24
EV/EBITDA	11.99	14.16	15.7	15.26	18.75	17.1	22.14	23.39	23.9	25.16	23.28	26.02	18.72	19.99	17.02
EV/EBIT	14.17	16.68	18.72	17.86	22.37	19.99	26.1	27.35	27.87	29.31	27.55	32.06	22.6	23.92	20.69
EV/Cash Flow to Firm	20.34	19.48	20.44	19.94	19.5	18.32	20.6	- -	24.7	25.48	29.89	35.97	15.54	23.3	19.85
EV/Free Cash Flow to Firm	20.34	19.48	20.44	19.94	19.5	18.32	20.6	- -	24.7	25.48	29.89	35.97	15.54	23.3	19.85
Diluted Market Cap	6,508	8,651	9,293	9,740	11,133	11,724	13,148	19,946	22,709	24,904	23,137	22,862	17,424	21,141	18,125
Diluted Enterprise Value	7,723	9,761	10,478	10,965	12,431	13,064	17,999	24,557	26,890	29,502	28,189	27,873	21,872	25,489	22,224
EV per Share	28.8	36.4	39.3	41.95	48.18	51.14	69.71	92.24	100.4	109.77	104.62	103.31	81.17	94.64	82.55
TTM Sales	3,698	4,014	4,123	4,243	4,296	4,412	4,730	5,303	5,347	5,601	6,318	6,351	6,662	6,724	6,840
TTM EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
TTM Operating Income	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092
TTM Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116
TTM Free Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Price/Free Cash Flow	19.14	19.01	19.98	19.34	18.87	17.81	16.13	24.29	23.99	23.92	27.93	35.09	14.08	22.93	18.84
EV/EBIT	14.17	16.68	18.72	17.86	22.37	19.99	26.1	27.35	27.87	29.31	27.55	32.06	22.6	23.92	20.69
Enterprise Value	7,655	9,645	10,304	10,772	12,268	12,817	18,265	24,371	26,687	29,299	27,966	27,686	21,762	25,364	22,157
Low Price	21.81	24.23	30.62	31.49	35.55	39.59	44.43	49.67	60.3	56.98	78.01	71.4	59.05	63.97	62.98
EV/Sales	2.07	2.4	2.5	2.54	2.86	2.91	3.86	4.6	4.99	5.23	4.43	4.36	3.27	3.77	3.24
EV/EBITDA	11.99	14.16	15.7	15.26	18.75	17.1	22.14	23.39	23.9	25.16	23.28	26.02	18.72	19.99	17.02
Price/Earnings	17.19	20.96	23.62	22.06	27.46	24.55	27.2	21.07	31.96	33	30.34	33.27	25.47	26.7	22.88
Price/Earnings Average	16.84	18.45	23.42	20.54	25.01	25.48	25.94	16.35	28.75	31.24	30.93	35.28	31.46	25.01	24.92
Price/Earnings High	18.05	21.48	25.42	22.06	27.46	28.77	28.14	21.37	32.42	37.43	35.65	41.95	37.24	29.03	30.25
Price/Earnings Low	15.47	15.77	20.79	18.69	22.66	21.22	23.6	13.99	22.76	20.32	27.61	28.08	23.29	21.78	21.42
Price/Book Value	4.02	5.07	4.72	5.33	6.57	7.06	5.24	6.23	6.53	6.29	5.19	4.84	3.42	3.97	3.15
Price/Book Value Average	3.94	4.46	4.68	4.96	5.98	7.32	5	4.84	5.88	5.96	5.3	5.14	4.23	3.72	3.43
Price/Book Value High	4.22	5.2	5.08	5.33	6.57	8.27	5.42	6.32	6.63	7.14	6.11	6.11	5	4.32	4.16
Price/Book Value Low	3.62	3.81	4.15	4.51	5.42	6.1	4.55	4.14	4.65	3.87	4.73	4.09	3.13	3.24	2.95
Price/Tangible Book Value	-14.55	-25.41	-45.73	-36.61	-23.78	-20.14	-2.68	-4.62	-5.65	-5.59	-5.07	-5.56	-4.66	-6.12	-5.89
Price/Tangible Book Value Average	-14.26	-22.36	-45.34	-34.09	-21.66	-20.91	-2.56	-3.59	-5.08	-5.3	-5.17	-5.89	-5.75	-5.73	-6.41
Price/Tangible Book Value High	-15.28	-26.04	-49.21	-36.61	-23.78	-23.61	-2.78	-4.69	-5.73	-6.34	-5.96	-7.01	-6.81	-6.65	-7.78
Price/Tangible Book Value Low	-13.1	-19.11	-40.26	-31.01	-19.62	-17.41	-2.33	-3.07	-4.02	-3.44	-4.61	-4.69	-4.26	-4.99	-5.51
Price/Sales	1.74	2.13	2.23	2.28	2.57	2.63	2.74	3.71	4.2	4.4	3.63	3.57	2.6	3.13	2.64
Price/Sales Average	1.7	1.87	2.21	2.12	2.34	2.73	2.62	2.88	3.78	4.17	3.7	3.79	3.21	2.93	2.88
Price/Sales High	1.83	2.18	2.4	2.28	2.57	3.08	2.84	3.76	4.26	4.99	4.26	4.51	3.8	3.4	3.49
Price/Sales Low	1.57	1.6	1.96	1.93	2.12	2.27	2.38	2.46	2.99	2.71	3.3	3.02	2.38	2.55	2.47
Price/Cash Flow	18.91	18.79	19.75	19.18	18.69	17.62	15.93	23.95	23.72	23.69	27.66	34.83	14.01	22.84	18.77
Price/Cash Flow Average	18.53	16.53	19.58	17.86	17.03	18.28	15.19	18.59	21.34	22.42	28.21	36.94	17.3	21.4	20.45
Price/Cash Flow High	19.86	19.25	21.25	19.18	18.69	20.65	16.48	24.29	24.06	26.86	32.51	43.92	20.48	24.83	24.82
Price/Cash Flow Low	17.02	14.13	17.39	16.25	15.42	15.23	13.82	15.9	16.89	14.58	25.17	29.39	12.81	18.63	17.58
Price/Free Cash Flow Average	18.75	16.73	19.8	18.01	17.19	18.49	15.38	18.86	21.58	22.64	28.48	37.21	17.39	21.48	20.52
Price/Free Cash Flow High	20.1	19.49	21.49	19.34	18.87	20.88	16.69	24.64	24.33	27.12	32.83	44.24	20.59	24.93	24.9
Price/Free Cash Flow Low	17.23	14.3	17.58	16.39	15.57	15.4	13.99	16.13	17.08	14.72	25.42	29.61	12.88	18.71	17.63
EV/Sales Average	2.04	2.15	2.48	2.38	2.63	3	3.73	3.76	4.57	5	4.5	4.58	3.88	3.57	3.47
EV/Sales High	2.16	2.46	2.67	2.54	2.86	3.35	3.96	4.65	5.05	5.82	5.06	5.29	4.47	4.05	4.09
EV/Sales Low	1.9	1.88	2.23	2.19	2.41	2.55	3.49	3.34	3.78	3.54	4.1	3.8	3.04	3.2	3.07
EV/EBITDA Average	11.78	12.66	15.58	14.33	17.25	17.67	21.39	19.15	21.88	24.03	23.65	27.3	22.23	18.94	18.25
EV/EBITDA High	12.49	14.47	16.75	15.26	18.75	19.73	22.71	23.67	24.19	28	26.62	31.57	25.61	21.43	21.48
EV/EBITDA Low	10.98	11.06	14.03	13.2	15.82	15.02	19.99	17.02	18.1	17.01	21.56	22.69	17.45	16.93	16.13
EV/EBIT Average	13.93	14.91	18.58	16.78	20.59	20.67	25.21	22.39	25.51	28	27.99	33.64	26.83	22.67	22.2
EV/EBIT High	14.77	17.05	19.98	17.86	22.37	23.07	26.77	27.67	28.2	32.63	31.51	38.91	30.91	25.65	26.12
EV/EBIT Low	12.98	13.02	16.74	15.44	18.87	17.57	23.56	19.9	21.1	19.82	25.52	27.96	21.06	20.27	19.62
Last Price	24.23	32.21	34.78	37.18	43.08	45.8	51.2	74.79	84.67	92.55	85.72	84.61	64.58	78.42	67.28
High Price	25.45	33.01	37.42	37.18	43.08	53.67	52.98	75.86	85.89	104.96	100.75	106.68	94.43	85.26	88.94
Enterprise Value Average	7,525	8,621	10,226	10,116	11,289	13,250	17,645	19,951	24,428	27,983	28,416	29,056	25,833	24,036	23,767
Enterprise Value High	7,979	9,858	10,997	10,772	12,268	14,789	18,733	24,655	27,011	32,612	31,982	33,600	29,765	27,198	27,970
Enterprise Value Low	7,011	7,530	9,213	9,313	10,349	11,262	16,491	17,735	20,210	19,806	25,903	24,145	20,279	21,491	21,005

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Shares Outstanding	266	265	262	257	255	251	262	264	266	267	267	268	268	268	268
Diluted Weighted Avg Shares	269	269	267	262	258	256	257	267	268	269	270	270	270	270	269
Basic Weighted Avg Shares	265	265	264	260	256	253	254	263	265	267	267	268	268	269	269
Revenue per Share	13.93	15.13	15.61	16.33	16.78	17.42	18.65	20.17	20.16	21.02	23.64	23.68	24.82	25.04	25.48
EBITDA per Share	2.41	2.57	2.48	2.72	2.56	2.96	3.25	3.96	4.21	4.37	4.49	3.97	4.33	4.73	4.85
Operating Income per Share	2.04	2.18	2.18	2.34	2.38	2.59	3.01	3.54	3.69	3.82	4.08	3.42	3.82	3.98	4.07
Basic EPS, GAAP	1.41	1.54	1.47	1.69	1.57	1.87	1.88	3.55	2.65	2.8	2.83	2.54	2.54	2.94	2.94
Basic EPS from Cont Ops	1.41	1.54	1.47	1.69	1.57	1.87	1.88	3.55	2.65	2.8	2.83	2.54	2.54	2.94	2.94
Diluted EPS, GAAP	1.39	1.52	1.46	1.67	1.55	1.84	1.86	3.5	2.62	2.78	2.8	2.52	2.52	2.92	2.93
Diluted EPS from Cont Ops	1.39	1.52	1.46	1.67	1.55	1.84	1.86	3.5	2.62	2.78	2.8	2.52	2.52	2.92	2.93
Dividend per Share	0.56	0.62	0.68	0.74	0.8	0.86	0.94	1.04	1.14	1.24	1.36	1.48	1.56	1.68	1.8
Cash Flow per Share	1.28	1.71	1.76	1.94	2.3	2.6	3.21	3.12	3.57	3.91	3.1	2.43	4.61	3.43	3.58
Free Cash Flow per Basic Share	1.28	1.71	1.76	1.94	2.3	2.6	3.21	3.12	3.57	3.91	3.1	2.43	4.61	3.43	3.58
Cash & Equivalents per Share	0.2	0.3	0.24	0.3	0.44	0.47	0.71	0.37	0.58	1.59	1.32	1.25	0.62	0.69	0.36
Book Value per Share	6.03	6.35	7.37	6.98	6.56	6.49	9.77	12	12.96	14.71	16.5	17.46	18.88	19.74	21.37
Tangible Book Value per Share	-1.66	-1.27	-0.76	-1.02	-1.81	-2.27	-19.09	-16.18	-14.99	-16.54	-16.9	-15.23	-13.86	-12.82	-11.43