M&T Bank Corporation Financial Ratios — MTZ 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 (%)	10.16	11.01	10.98	9.2	7.67	8.17	8.82	12.62	12.96	8.74	11.49	9.6	10.95	9.52	10.21
Return on Assets (%)	1.18	1.28	1.35	1.17	0.98	1.07	1.16	1.61	1.61	1.03	1.25	1.12	1.34	1.24	1.35
Return on Capital (%)	5.87	7.35	8.01	6.1	4.61	5.06	5.72	7.4	7.67	6.27	8.86	7.4	7.55	6.25	6.72
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	30.64	36.21	38.76	36.86	35.88	38.87	41.26	42.31	41.14	29.72	41.18	32.6	38.51	35.86	38.33
Profit Margin (%)	21.5	24.01	25	23.93	23.13	24.83	25	32.35	31.16	22.72	31.18	24.86	29.17	28.04	29.6
Net Income to Common Margin (%)	20.36	22.77	23.81	22.23	21.39	23.3	23.71	31.13	30.03	21.58	29.96	23.65	28.1	26.58	28.08
Effective Tax Rate (%)	29.82	33.69	35.52	35.07	35.53	36.11	39.4	23.53	24.27	23.53	24.28	23.74	24.26	21.81	22.78
Dvd Payout Ratio (%)	43.32	36.65	33.63	36.91	37.56	35.81	34.25	27.65	29.58	44.22	32.19	41.37	32.87	36.63	33.23
Sustainable Growth Rate (%)	5.76	6.97	7.29	5.8	4.79	5.25	5.8	9.13	9.13	4.88	7.79	5.63	7.35	6.03	6.82

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	5,336	3,208	3,709	7,607	10,736	8,573	7,895	12,236	6,885	4,382	3,485	7,165	13,201	13,605	13,011
ST Debt	50	- -	- -	- -	1,982	163	175	4,200	- -	- -	- -	3,200	5,000	1,000	2,100
LT Debt	5,286	3,208	3,709	7,607	8,755	8,409	7,720	8,036	6,885	4,382	3,485	3,965	8,201	12,605	10,911
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	10.79	11.24	12.24	11.49	12.17	12.36	12.66	11.85	12.07	10.47	10.41	11.61	11.98	12.8	12.34
Long-Term Debt/Equity (%)	57.02	31.44	32.81	61.67	54.13	51.01	47.5	51.98	43.8	27.07	19.47	15.66	30.42	43.43	37.4
Long-Term Debt/Capital (%)	36.19	23.92	24.7	38.14	32.53	33.56	31.97	29.01	30.46	21.3	16.3	12.21	20.42	29.57	25.86
Long-Term Debt/Total Assets (%)	6.78	3.86	4.36	7.87	7.13	6.81	6.51	6.69	5.74	3.07	2.25	1.98	3.94	6.06	5.11
Total Debt/Equity (%)	57.56	31.44	32.81	61.67	66.38	52	48.58	79.14	43.8	27.07	19.47	28.3	48.97	46.87	44.59
Total Debt/Capital (%)	36.53	23.92	24.7	38.14	39.9	34.21	32.7	44.18	30.46	21.3	16.3	22.06	32.87	31.91	30.84
Total Debt/Total Assets (%)	6.85	3.86	4.36	7.87	8.74	6.94	6.66	10.19	5.74	3.07	2.25	3.57	6.34	6.54	6.09
Net Debt to Equity	40.25	10.72	4.28	-1.25	10.97	13.66	8.58	16.33	-11.06	-128.71	-221.88	-76.27	-61.58	-24.73	-19.73
Net Debt/Capital (%)	28.7	9.69	4.11	-1.26	9.88	12.02	7.91	14.04	-12.44	448.33	182.05	-321.47	-160.25	-32.85	-24.59
EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	10.79	11.24	12.24	11.49	12.17	12.36	12.66	11.85	12.07	10.47	10.41	11.61	11.98	12.8	12.34
Long-Term Debt/Equity (%)	57.02	31.44	32.81	61.67	54.13	51.01	47.5	51.98	43.8	27.07	19.47	15.66	30.42	43.43	37.4
Long-Term Debt/Capital (%)	36.19	23.92	24.7	38.14	32.53	33.56	31.97	29.01	30.46	21.3	16.3	12.21	20.42	29.57	25.86
Long-Term Debt/Total Assets (%)	6.78	3.86	4.36	7.87	7.13	6.81	6.51	6.69	5.74	3.07	2.25	1.98	3.94	6.06	5.11
Total Debt/Equity (%)	57.56	31.44	32.81	61.67	66.38	52	48.58	79.14	43.8	27.07	19.47	28.3	48.97	46.87	44.59
Total Debt/Capital (%)	36.53	23.92	24.7	38.14	39.9	34.21	32.7	44.18	30.46	21.3	16.3	22.06	32.87	31.91	30.84
Total Debt/Total Assets (%)	6.85	3.86	4.36	7.87	8.74	6.94	6.66	10.19	5.74	3.07	2.25	3.57	6.34	6.54	6.09
CFO/Total Liabilities	2.58	0.69	1.26	1.3	1.63	1.11	2.72	2	2.26	0.62	1.98	2.61	2.15	2.02	1.63
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	0.91	0.95	0.94	0.82	0.81	0.94	1.09	1.21	1.19	0.96	0.84	0.98	1.04	- -	- -
Days Sales Outstanding	399.52	385.69	389.92	446.44	452.74	388.89	334.94	301.29	307.05	378.38	434.93	374.35	351.5	- -	- -
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
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	9,596	12,536	15,204	16,882	19,713	24,285	25,900	19,354	22,085	15,787	19,827	24,589	22,961	31,083	30,961
- Cash & Cash Equivalents	1,605	2,114	3,224	7,761	8,962	6,321	6,500	9,711	8,623	25,217	43,210	26,476	29,800	20,782	18,769
+ Preferred Equity and Hybrid Capital	865	873	882	1,232	1,232	1,232	1,232	1,232	1,250	1,250	1,750	2,011	2,011	2,394	2,834
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	5,336	3,208	3,709	7,607	10,736	8,573	7,895	12,236	6,885	4,382	3,485	7,165	13,201	13,605	13,011
Enterprise Value	7,964	9,763	12,038	8,803	10,476	14,436	17,630	14,428	15,278	-8,620	-22,103	-3,460	-2,067	7,451	7,686
Total Capital	14,607	13,410	15,014	19,943	26,910	25,059	24,146	27,696	22,601	20,569	21,389	32,483	40,158	42,632	42,188
Total Debt/Capital (%)	36.53	23.92	24.7	38.14	39.9	34.21	32.7	44.18	30.46	21.3	16.3	22.06	32.87	31.91	30.84
Total Debt / EV	0.67	0.33	0.31	0.86	1.02	0.59	0.45	0.85	0.45	-0.51	-0.16	-2.07	-6.39	1.83	1.69
EV/Sales	1.99	2.28	2.64	1.98	2.24	2.73	3.13	2.43	2.47	- -	- -	- -	- -	0.81	0.8
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	4.49	19.53	12.91	8.01	6.01	12.2	6.34	6.9	6.48	- -	- -	- -	- -	2.06	2.56
EV/Free Cash Flow to Firm	4.49	19.53	12.91	8.01	6.01	12.2	6.34	6.9	6.48	- -	- -	- -	- -	2.06	2.56
Diluted Market Cap	10,359	13,301	16,056	16,822	16,992	24,460	26,325	19,354	22,744	15,835	19,846	23,826	23,081	31,422	32,379
Diluted Enterprise Value	8,727	10,528	12,890	8,743	7,754	14,610	18,055	14,428	15,937	-8,572	-22,084	-4,223	-1,947	7,790	9,104
EV per Share	63.72	76.17	92.23	66.53	65.65	92.43	117.47	104.16	117.01	- -	- -	- -	- -	45.02	50.62
TTM Sales	3,997	4,287	4,555	4,456	4,668	5,296	5,632	5,928	6,192	5,955	5,962	8,013	9,398	9,231	9,632
TTM EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	1,772	500	932	1,099	1,742	1,183	2,782	2,090	2,358	789	2,715	4,574	3,905	3,610	3,003
TTM Free Cash Flow to Firm	1,772	500	932	1,099	1,742	1,183	2,782	2,090	2,358	789	2,715	4,574	3,905	3,610	3,003

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	5.85	26.6	17.22	15.31	9.75	20.67	9.46	9.26	9.65	20.06	7.31	5.21	5.91	8.7	10.78
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	7,964	9,763	12,038	8,803	10,476	14,436	17,630	14,428	15,278	-8,620	-22,103	-3,460	-2,067	7,451	7,686
Low Price	67.12	76.52	96.51	109.09	109.8	99.9	140.95	139.73	139.45	85.38	126.23	138.81	108.63	129.08	148.02
EV/Sales	1.99	2.28	2.64	1.98	2.24	2.73	3.13	2.43	2.47	- -	- -	- -	- -	0.81	0.8
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings	12.73	13.63	14.81	16.88	16.93	19.77	19.67	10.49	12.23	12.32	11.1	12.51	8.7	12.74	11.9
Price/Earnings Average	13.57	12.25	13.86	15.95	16.77	14.92	18.27	13.11	11.69	11.71	10.69	14.78	8.24	11.02	11.01
Price/Earnings High	15.03	14.61	15.18	16.99	18.48	20.06	19.89	14.77	12.7	17.38	12.07	16.64	10.18	15.21	12.13
Price/Earnings Low	11.13	10.66	12.27	14.43	15.04	12.7	16.07	10.49	10.08	8.55	9.09	11.95	6.84	8.76	8.64
Price/Book Value	1.14	1.34	1.46	1.52	1.32	1.59	1.72	1.36	1.53	1.06	1.23	1.06	0.92	1.17	1.18
Price/Book Value Average	1.22	1.21	1.37	1.44	1.31	1.2	1.6	1.7	1.46	1	1.18	1.25	0.87	1.01	1.09
Price/Book Value High	1.35	1.44	1.49	1.53	1.44	1.62	1.74	1.92	1.59	1.49	1.33	1.4	1.08	1.39	1.2
Price/Book Value Low	1	1.05	1.21	1.3	1.17	1.02	1.41	1.36	1.26	0.73	1.01	1.01	0.72	0.8	0.85
Price/Tangible Book Value	2.04	2.2	2.23	2.24	1.93	2.3	2.5	2.02	2.24	1.53	1.72	1.68	1.41	1.72	1.74
Price/Tangible Book Value Average	2.17	1.98	2.08	2.11	1.91	1.73	2.32	2.52	2.15	1.45	1.65	1.99	1.33	1.49	1.61
Price/Tangible Book Value High	2.41	2.36	2.28	2.25	2.11	2.33	2.53	2.84	2.33	2.16	1.87	2.24	1.64	2.05	1.77
Price/Tangible Book Value Low	1.78	1.72	1.84	1.91	1.72	1.48	2.04	2.02	1.85	1.06	1.41	1.61	1.1	1.18	1.26
Price/Sales	2.59	3.1	3.53	3.75	3.62	4.61	4.66	3.26	3.67	2.66	3.33	2.96	2.45	3.39	3.34
Price/Sales Average	2.76	2.79	3.3	3.55	3.59	3.48	4.33	4.08	3.51	2.53	3.2	3.5	2.31	2.93	3.09
Price/Sales High	3.06	3.33	3.61	3.78	3.95	4.67	4.72	4.6	3.81	3.75	3.62	3.94	2.86	4.04	3.41
Price/Sales Low	2.27	2.43	2.92	3.21	3.22	2.96	3.81	3.26	3.03	1.84	2.72	2.83	1.92	2.33	2.43
Price/Cash Flow	5.85	26.6	17.22	15.21	9.7	20.61	9.44	9.26	9.64	20.06	7.3	5.18	5.89	8.66	10.72
Price/Cash Flow Average	6.23	23.91	16.12	14.37	9.61	15.55	8.77	11.58	9.22	19.07	7.03	6.12	5.57	7.49	9.91
Price/Cash Flow High	6.9	28.53	17.65	15.31	10.59	20.91	9.55	13.04	10.02	28.3	7.94	6.9	6.89	10.34	10.92
Price/Cash Flow Low	5.11	20.81	14.27	13	8.62	13.24	7.71	9.26	7.95	13.92	5.98	4.95	4.63	5.95	7.78
Price/Free Cash Flow Average	6.23	23.91	16.12	14.47	9.66	15.6	8.79	11.58	9.23	19.08	7.04	6.15	5.59	7.53	9.97
Price/Free Cash Flow High	6.9	28.53	17.65	15.41	10.65	20.97	9.57	13.04	10.02	28.31	7.95	6.93	6.91	10.39	10.99
Price/Free Cash Flow Low	5.11	20.81	14.27	13.09	8.67	13.28	7.73	9.26	7.95	13.92	5.99	4.98	4.65	5.98	7.83
EV/Sales Average	2.15	1.98	2.43	1.77	2.2	1.6	2.8	3.25	2.31	- -	- -	0.13	- -	0.35	0.56
EV/Sales High	2.43	2.49	2.73	2	2.63	2.79	3.18	3.77	2.61	- -	- -	0.58	0.19	1.46	0.86
EV/Sales Low	1.69	1.64	2.07	1.43	1.77	1.09	2.29	2.43	1.84	- -	- -	- -	- -	- -	- -
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	76.77	97.8	116.49	127.59	123.55	155.49	172.57	139.73	169.15	123.03	154.07	145.25	138.21	187.8	203.91
High Price	90.62	104.89	119.39	128.44	134.87	157.76	174.47	196.82	175.74	173.57	167.54	193.27	161.67	224.15	207.86
Enterprise Value Average	8,595	8,492	11,066	7,877	10,292	8,479	15,780	19,268	14,317	-9,398	-22,832	1,002	-3,298	3,260	5,365
Enterprise Value High	9,694	10,672	12,416	8,915	12,283	14,790	17,916	22,335	16,139	-2,135	-20,369	4,669	1,832	13,467	8,284
Enterprise Value Low	6,757	7,035	9,431	6,354	8,282	5,753	12,885	14,428	11,400	-13,452	-25,686	-4,550	-6,980	-2,267	-801

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	125	128	131	132	160	156	150	139	131	128	129	169	166	166	152
Diluted Weighted Avg Shares	135	136	138	132	138	157	153	139	134	129	129	164	167	167	159
Basic Weighted Avg Shares	135	136	138	131	137	157	152	139	134	129	129	163	166	166	158
Revenue per Share	29.62	31.52	33.04	34.01	34.12	33.76	37	42.8	46.07	46.28	46.33	49.1	56.51	55.45	61.03
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	6.03	7.18	7.87	7.56	7.3	7.87	8.77	13.32	13.84	9.99	13.88	11.61	15.88	14.74	17.14
Basic EPS from Cont Ops	6.37	7.57	8.26	8.14	7.89	8.38	9.25	13.85	14.35	10.52	14.45	12.21	16.48	15.54	18.06
Diluted EPS, GAAP	6.03	7.18	7.87	7.51	7.26	7.84	8.75	13.32	13.83	9.98	13.87	11.55	15.81	14.67	17.03
Diluted EPS from Cont Ops	6.37	7.57	8.26	8.09	7.85	8.36	9.23	13.85	14.35	10.51	14.43	12.14	16.41	15.47	17.95
Dividend per Share	2.95	3.02	3.04	3.37	3.34	3.34	3.48	4.21	4.61	4.95	5.04	5.4	5.82	6.2	6.62
Cash Flow per Share	13.13	3.68	6.76	8.39	12.74	7.54	18.27	15.09	17.54	6.13	21.1	28.03	23.48	21.68	19.03
Free Cash Flow per Basic Share	13.13	3.68	6.76	8.39	12.74	7.54	18.27	15.09	17.54	6.13	21.1	28.03	23.48	21.68	19.03
Cash & Equivalents per Share	62.67	53.47	59.43	127.86	132.89	125.84	115.91	132.79	114.44	234.1	366.51	219.89	242.21	239.44	257.65
Book Value per Share	67.26	72.79	79.87	83.93	93.64	97.68	100.07	102.73	110.8	116.41	125.52	137.68	150.15	160.91	173.5
Tangible Book Value per Share	37.65	44.39	52.33	57.02	63.98	67.64	68.99	69.23	75.4	80.5	89.8	86.29	98.32	109.2	117.33