Simon Property Group, Inc. Financial Ratios — SQI 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 (%)	21.76	27.34	22.56	25.89	38.5	42.22	49.17	70.66	73.14	40.47	71.12	66.58	75.01	80.49	114.62
Return on Assets (%)	4.01	4.88	4	4.48	6.08	5.96	6.15	7.75	6.79	3.37	6.56	6.41	6.79	7.11	12.68
Return on Capital (%)	7.51	8.11	7.15	7.58	8.92	8.57	8.58	10.15	9.28	- -	8.77	8.61	9.34	9.94	15.12
Return on Invested Capital (%)	8.13	7.3	7.11	8.3	9.7	9.63	9.71	10.24	10.44	- -	7.44	8.4	9.15	10.47	9.81
Gross Margin (%)	78.64	81.19	81.56	81.88	81.77	82.13	82.27	82.15	82.25	80.75	81.02	81.08	81.83	82.5	81.9
EBITDA Margin (%)	70.95	77.71	77.5	75.37	74.21	74.49	75.26	75.75	74.84	72.2	73.07	73.24	73.17	74.66	74.31
Operating Margin (%)	45.12	46.99	48.17	48.97	50.68	50.06	50.7	51.84	50.61	42.8	47.16	48.83	49.6	51.86	49.89
Incremental Operating Margin (%)	36.51	- -	65.65	60.15	71.73	30.72	88.5	105.09	- -	81.99	86.67	97.54	60.83	93.71	20.61
Pretax Margin (%)	29.2	37.1	30.95	33.88	41.01	39.82	41.04	50.65	42.63	27.62	53.27	47.92	47.69	46.15	84.84
Profit Margin (%)	23.8	33.7	29.04	28.92	34.71	33.83	35.24	43.22	36.52	24.15	43.97	40.43	40.35	39.75	72.71
Net Income to Common Margin (%)	23.72	33.63	28.97	28.85	34.64	33.77	35.18	43.16	36.46	24.07	43.9	40.37	40.29	39.7	72.66
Effective Tax Rate (%)	0.92	1	2.81	1.7	0.93	1.37	1.03	1.29	1.23	- -	5.77	3.29	3.03	0.85	0.66
Dvd Payout Ratio (%)	84.77	80.32	105.75	100.65	89.58	96.93	101.18	88.04	107.46	115.44	93.17	93.74	94.77	98.66	52.98
Sustainable Growth Rate (%)	3.31	5.38	-1.3	-0.17	4.01	1.3	-0.58	8.45	-5.46	-6.25	4.86	4.16	3.92	1.08	53.9

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	18,446	23,113	22,670	20,853	22,417	22,977	24,632	23,306	24,680	27,239	25,828	25,458	26,518	24,785	29,187
ST Debt	- -	- -	- -	409	879	954	978	759	1,327	623	500	- -	- -	- -	355
LT Debt	18,446	23,113	22,670	20,444	21,538	22,023	23,654	22,547	23,353	26,616	25,328	25,458	26,518	24,785	28,832
Total Debt/EBITDA	6.04	6.99	6.44	5.68	5.74	5.68	5.92	5.45	5.73	8.19	6.91	6.57	6.4	5.57	6.17
Net Debt/EBITDA	5.78	6.63	5.96	5.51	5.56	5.54	5.57	5.33	5.45	7.73	6.63	6.28	6.01	5.13	5.84
Total Debt/EBIT	9.49	11.52	10.36	8.74	8.4	8.44	8.79	7.96	8.47	13.81	10.7	9.85	9.45	8.01	9.19
Net Debt/EBIT	9.08	10.93	9.59	8.49	8.14	8.24	8.26	7.79	8.07	13.04	10.27	9.42	8.86	7.39	8.69
EBITDA to Interest Expense	3.11	3.1	3.25	3.7	4.23	4.72	5.14	5.24	5.46	4.24	4.7	5.09	4.84	4.92	4.85
EBITDA-CapEx/Interest Expense	3.11	3.1	3.25	3.7	4.23	4.72	5.14	5.24	5.46	4.24	4.7	5.09	4.84	4.92	4.85
EBIT to Interest Expense	1.98	1.87	2.02	2.4	2.89	3.17	3.46	3.59	3.69	2.51	3.03	3.39	3.28	3.41	3.26
Interest Expense	984	1,068	1,082	993	924	858	809	816	789	784	796	761	855	906	975
Common Equity/Total Assets	17.56	18	17.42	17.1	14.49	13.72	11.29	10.6	7.95	8.62	9.83	9.38	8.7	8.95	12.73
Long-Term Debt/Equity (%)	317.37	326.87	323.25	342.04	410.88	432.03	534.04	559.88	746.03	727.56	575.54	665.77	719.12	688.57	429.98
Long-Term Debt/Capital (%)	76.04	76.57	76.37	76.2	77.87	78.45	81.39	82.49	83.97	86.14	83.79	86.94	87.79	87.32	80.33
Long-Term Debt/Total Assets (%)	70.36	70.93	68.03	69.23	70.47	70.81	73.33	73.48	74.77	76.51	74.98	77.12	77.35	76.48	71
Total Debt/Equity (%)	317.37	326.87	323.25	348.88	427.64	450.74	556.13	578.71	788.42	744.59	586.9	665.77	719.12	688.57	435.27
Total Debt/Capital (%)	76.04	76.57	76.37	77.72	81.05	81.84	84.76	85.27	88.74	88.16	85.44	86.94	87.79	87.32	81.32
Total Debt/Total Assets (%)	70.36	70.93	68.03	70.61	73.34	73.87	76.36	75.95	79.02	78.3	76.47	77.12	77.35	76.48	71.88
Net Debt to Equity	303.63	310.11	299.14	338.64	414.27	439.75	522.67	565.94	750.53	702.85	563.25	636.49	674.27	635.21	411.71
Net Debt/Capital (%)	75.22	75.62	74.95	77.2	80.55	81.47	83.94	84.98	86.56	86.03	83.47	84.92	85.63	84.73	78.72
EBITDA	3,056	3,308	3,522	3,671	3,908	4,049	4,160	4,276	4,307	3,327	3,739	3,876	4,141	4,453	4,730
EBITDA-CapEx	3,056	3,308	3,522	3,671	3,908	4,049	4,160	4,276	4,307	3,327	3,739	3,876	4,141	4,453	4,730
Operating Income (Loss)	1,943	2,000	2,189	2,385	2,669	2,721	2,802	2,926	2,913	1,972	2,413	2,584	2,807	3,093	3,175

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	0.45	0.56	0.5	0.22	0.2	0.16	0.41	0.14	0.16	0.25	0.15	0.19	0.63	0.41	0.2
Current Ratio	1.28	1.03	1.68	0.55	0.48	0.48	0.77	0.5	0.47	0.68	0.67	0.66	1.04	0.83	0.57
Quick Ratio	1.28	1.03	0.79	0.55	0.48	0.48	0.77	0.5	0.47	0.68	0.57	0.66	1.04	0.83	0.57
CFO/Avg Current Liab	1.35	1.29	0.98	0.88	0.94	0.95	1	1.03	0.96	0.56	0.97	1.12	1.18	1.11	1.11
Common Equity/Total Assets	17.56	18	17.42	17.1	14.49	13.72	11.29	10.6	7.95	8.62	9.83	9.38	8.7	8.95	12.73
Long-Term Debt/Equity (%)	317.37	326.87	323.25	342.04	410.88	432.03	534.04	559.88	746.03	727.56	575.54	665.77	719.12	688.57	429.98
Long-Term Debt/Capital (%)	76.04	76.57	76.37	76.2	77.87	78.45	81.39	82.49	83.97	86.14	83.79	86.94	87.79	87.32	80.33
Long-Term Debt/Total Assets (%)	70.36	70.93	68.03	69.23	70.47	70.81	73.33	73.48	74.77	76.51	74.98	77.12	77.35	76.48	71
Total Debt/Equity (%)	317.37	326.87	323.25	348.88	427.64	450.74	556.13	578.71	788.42	744.59	586.9	665.77	719.12	688.57	435.27
Total Debt/Capital (%)	76.04	76.57	76.37	77.72	81.05	81.84	84.76	85.27	88.74	88.16	85.44	86.94	87.79	87.32	81.32
Total Debt/Total Assets (%)	70.36	70.93	68.03	70.61	73.34	73.87	76.36	75.95	79.02	78.3	76.47	77.12	77.35	76.48	71.88
CFO/Total Liabilities	9.83	9.85	10.27	11.59	11.94	12.97	12.91	14.07	13.55	7.47	12.38	12.9	12.85	13.24	12.2
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	1.33	1.28	1.33	1.65	1.62	1.46	1.38	1.36	1.13	0.56	1.15	0.92	1.11	1.37	1.26

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	- -	8.44	8.72	8.85	8.74	8.43	7.86	7.49	7.21	4.45	4.75	6.07	6.86	7.35	7.36
Days Sales Outstanding	- -	43.22	41.84	41.24	41.75	43.29	46.47	48.7	50.61	81.95	76.91	60.12	53.2	49.65	49.62
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	36,321	45,767	44,825	57,799	60,338	54,787	53,711	51,430	45,121	27,398	51,190	38,496	46,771	55,840	59,547
- Cash & Cash Equivalents	799	1,185	1,691	612	701	560	1,482	514	669	1,012	534	622	1,169	1,400	823
+ Preferred Equity and Hybrid Capital	45	45	44	44	44	43	43	43	42	42	42	41	41	41	40
+ Minority/Non Controlling Interest	1,163	1,160	1,164	884	770	787	743	730	604	619	1,039	685	665	658	1,497
+ Total Debt	18,446	23,113	22,670	20,853	22,417	22,977	24,632	23,306	24,680	27,239	25,828	25,458	26,518	24,785	29,187
Enterprise Value	55,177	68,901	67,012	78,968	82,867	78,034	77,648	74,994	69,778	54,286	77,565	64,060	71,826	79,923	89,448
Total Capital	24,259	30,184	29,683	26,830	27,659	28,075	29,062	27,333	27,810	30,897	30,229	29,282	30,206	28,384	35,892
Total Debt/Capital (%)	76.04	76.57	76.37	77.72	81.05	81.84	84.76	85.27	88.74	88.16	85.44	86.94	87.79	87.32	81.32
Total Debt / EV	0.33	0.34	0.34	0.26	0.27	0.29	0.32	0.31	0.35	0.5	0.33	0.4	0.37	0.31	0.33
EV/Sales	12.81	16.19	14.75	16.21	15.74	14.36	14.05	13.28	12.12	11.78	15.16	12.11	12.69	13.4	14.05
EV/EBITDA	18.06	20.83	19.03	21.51	21.2	19.27	18.67	17.54	16.2	16.32	20.74	16.53	17.35	17.95	18.91
EV/EBIT	28.4	34.34	30.62	33.11	31.05	28.68	27.71	25.63	23.96	27.53	32.14	24.8	25.59	25.84	28.17
EV/Cash Flow to Firm	18.51	19.3	17.86	21.31	21.03	18.5	17.67	16.46	15.21	- -	17.68	14.23	15.09	16.96	17.52
EV/Free Cash Flow to Firm	18.51	19.3	17.86	21.31	21.03	18.5	17.67	16.46	15.21	- -	17.68	14.23	15.09	16.96	17.52
Diluted Market Cap	35,814	44,768	44,774	57,789	60,471	54,720	53,858	51,531	45,304	25,750	51,185	38,598	46,898	55,809	59,756
Diluted Enterprise Value	54,669	67,902	66,961	78,957	83,000	77,967	77,794	75,096	69,961	52,638	77,560	64,162	71,953	79,892	89,657
EV per Share	185.32	222.33	215.74	254.09	267.81	249.25	249.94	242.69	227.39	165.25	236.03	195.93	220.38	244.95	275.04
TTM Sales	4,306	4,256	4,544	4,871	5,266	5,435	5,527	5,645	5,755	4,608	5,117	5,291	5,659	5,964	6,365
TTM EBITDA	3,056	3,308	3,522	3,671	3,908	4,049	4,160	4,276	4,307	3,327	3,739	3,876	4,141	4,453	4,730
TTM Operating Income	1,943	2,000	2,189	2,385	2,669	2,721	2,802	2,926	2,913	1,972	2,413	2,584	2,807	3,093	3,175
TTM Cash Flow to Firm	2,980	3,571	3,753	3,706	3,940	4,218	4,395	4,556	4,588	- -	4,387	4,503	4,760	4,713	5,105
TTM Free Cash Flow to Firm	2,980	3,571	3,753	3,706	3,940	4,218	4,395	4,556	4,588	- -	4,387	4,503	4,760	4,713	5,105

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	17.85	17.81	16.58	21.16	19.99	16.22	14.99	13.74	11.9	11.07	14.07	10.25	11.93	14.63	14.45
EV/EBIT	28.4	34.34	30.62	33.11	31.05	28.68	27.71	25.63	23.96	27.53	32.14	24.8	25.59	25.84	28.17
Enterprise Value	55,177	68,901	67,012	78,968	82,867	78,034	77,648	74,994	69,778	54,286	77,565	64,060	71,826	79,923	89,448
Low Price	88.3	117.34	134.47	140.23	170.23	173.94	151.74	145.33	142.8	44.12	82.14	87.24	100.41	135.97	135.38
EV/Sales	12.81	16.19	14.75	16.21	15.74	14.36	14.05	13.28	12.12	11.78	15.16	12.11	12.69	13.4	14.05
EV/EBITDA	18.06	20.83	19.03	21.51	21.2	19.27	18.67	17.54	16.2	16.32	20.74	16.53	17.35	17.95	18.91
Price/Earnings	35.05	31.28	34.01	41.12	33.15	29.81	27.7	21.15	21.59	23.21	22.79	18.07	20.57	23.57	12.92
Price/Earnings Average	30.39	29.64	35.73	36.33	31.96	33.92	26.52	21.37	24	22.72	18.68	17.96	16.73	21.62	12.04
Price/Earnings High	35.41	32.51	39.94	41.12	35.33	38.87	29.93	24.68	27.32	41.41	24.89	25.15	21.57	25.71	13.36
Price/Earnings Low	25.37	24.85	31.69	31.01	28.94	29.63	24.31	18.47	20.97	12.28	12.02	13.39	14.39	18.73	9.55
Price/Book Value	7.89	7.8	7.72	11.45	13.63	12.84	14.74	15.81	18.16	9.14	15.42	12.43	15.69	19.25	11.52
Price/Book Value Average	6.84	7.39	8.11	10.11	13.14	14.61	14.12	15.97	20.19	8.95	12.64	12.35	12.76	17.65	10.74
Price/Book Value High	7.97	8.11	9.07	11.45	14.52	16.74	15.93	18.44	22.99	16.31	16.84	17.3	16.45	20.99	11.92
Price/Book Value Low	5.71	6.2	7.19	8.63	11.9	12.76	12.94	13.8	17.64	4.84	8.13	9.21	10.98	15.29	8.52
Price/Tangible Book Value	8.43	8.54	8.26	12.2	14.53	13.76	15.64	16.57	18.89	9.31	15.67	12.58	15.84	19.4	11.68
Price/Tangible Book Value Average	7.31	8.09	8.67	10.78	14.01	15.66	14.97	16.75	21	9.11	12.85	12.5	12.88	17.79	10.88
Price/Tangible Book Value High	8.52	8.88	9.69	12.2	15.49	17.94	16.9	19.34	23.91	16.61	17.12	17.51	16.61	21.16	12.08
Price/Tangible Book Value Low	6.1	6.79	7.69	9.2	12.69	13.68	13.73	14.47	18.35	4.93	8.26	9.32	11.08	15.41	8.64
Price/Sales	8.31	10.52	9.85	11.86	11.48	10.07	9.74	9.13	7.87	5.59	10	7.29	8.29	9.36	9.39
Price/Sales Average	7.21	9.97	10.35	10.48	11.07	11.46	9.33	9.22	8.75	5.47	8.2	7.25	6.74	8.58	8.75
Price/Sales High	8.4	10.93	11.57	11.86	12.24	13.13	10.53	10.65	9.96	9.97	10.92	10.15	8.69	10.2	9.71
Price/Sales Low	6.02	8.36	9.18	8.95	10.02	10.01	8.55	7.97	7.64	2.96	5.28	5.4	5.8	7.43	6.94
Price/Cash Flow	17.85	17.81	16.58	21.16	19.99	16.22	14.99	13.74	11.9	11.07	14.07	10.25	11.93	14.63	14.45
Price/Cash Flow Average	15.48	16.88	17.41	18.7	19.28	18.46	14.35	13.88	13.22	10.83	11.54	10.18	9.7	13.42	13.46
Price/Cash Flow High	18.03	18.51	19.46	21.16	21.31	21.15	16.2	16.03	15.06	19.74	15.37	14.26	12.51	15.95	14.94
Price/Cash Flow Low	12.92	14.15	15.45	15.96	17.45	16.13	13.15	12	11.55	5.85	7.42	7.59	8.35	11.62	10.68
Price/Free Cash Flow Average	15.48	16.88	17.41	18.7	19.28	18.46	14.35	13.88	13.22	10.83	11.54	10.18	9.7	13.42	13.46
Price/Free Cash Flow High	18.03	18.51	19.46	21.16	21.31	21.15	16.2	16.03	15.06	19.74	15.37	14.26	12.51	15.95	14.94
Price/Free Cash Flow Low	12.92	14.15	15.45	15.96	17.45	16.13	13.15	12	11.55	5.85	7.42	7.59	8.35	11.62	10.68
EV/Sales Average	11.69	15.63	15.24	14.83	15.33	15.75	13.64	13.38	13	11.66	13.36	12.06	11.15	12.63	13.42
EV/Sales High	12.9	16.61	16.47	16.21	16.49	17.42	14.83	14.8	14.21	16.44	16.08	14.96	13.1	14.25	14.37
EV/Sales Low	10.48	13.98	14.07	13.29	14.28	14.3	12.86	12.13	11.9	8.98	10.43	10.22	10.21	11.48	11.62
EV/EBITDA Average	16.48	20.11	19.67	19.67	20.65	21.14	18.12	17.66	17.37	16.14	18.28	16.47	15.24	16.91	18.05
EV/EBITDA High	18.18	21.37	21.24	21.51	22.22	23.38	19.71	19.55	18.98	22.77	22.01	20.42	17.9	19.08	19.34
EV/EBITDA Low	14.77	17.99	18.16	17.64	19.24	19.19	17.09	16.01	15.9	12.44	14.27	13.96	13.95	15.37	15.63
EV/EBIT Average	25.91	33.15	31.65	30.28	30.24	31.46	26.89	25.81	25.68	27.23	28.32	24.7	22.48	24.35	26.89
EV/EBIT High	28.58	35.24	34.18	33.11	32.54	34.8	29.25	28.56	28.07	38.42	34.1	30.63	26.4	27.48	28.81
EV/EBIT Low	23.23	29.66	29.22	27.14	28.18	28.56	25.36	23.4	23.51	20.99	22.12	20.94	20.58	22.13	23.28
Last Price	121.99	147.68	144.31	185.98	195	175	172.89	166.43	147.04	83.4	155.77	117.74	143.5	171.14	183.1
High Price	123.22	153.46	169.44	185.98	207.83	228.15	186.84	194.21	186.08	148.77	170.12	163.86	150.5	186.63	189.34
Enterprise Value Average	50,344	66,507	69,270	72,225	80,710	85,589	75,366	75,534	74,806	53,701	68,342	63,818	63,094	75,301	85,382
Enterprise Value High	55,543	70,693	74,815	78,968	86,838	94,677	81,980	83,578	81,760	75,761	82,281	79,139	74,105	84,975	91,480
Enterprise Value Low	45,146	59,498	63,953	64,750	75,203	77,703	71,077	68,473	68,477	41,382	53,369	54,088	57,780	68,448	73,929

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	298	310	311	311	309	313	311	309	307	329	329	327	326	326	325
Diluted Weighted Avg Shares	294	303	310	311	310	313	312	310	308	309	329	328	327	326	326
Basic Weighted Avg Shares	294	303	310	311	310	313	312	310	308	309	329	328	327	326	326
Revenue per Share	14.67	14.04	14.65	15.68	16.98	17.38	17.74	18.23	18.68	14.92	15.57	16.14	17.32	18.29	19.5
EBITDA per Share	10.41	10.91	11.35	11.81	12.6	12.95	13.35	13.81	13.98	10.78	11.38	11.82	12.67	13.65	14.49
Operating Income per Share	6.62	6.6	7.05	7.68	8.61	8.7	9	9.45	9.45	6.39	7.34	7.88	8.59	9.48	9.73
Basic EPS, GAAP	3.48	4.72	4.24	4.52	5.88	5.87	6.24	7.87	6.81	3.59	6.84	6.52	6.98	7.26	14.17
Basic EPS from Cont Ops	4.24	5.16	4.41	5.22	6.9	6.83	7.21	9.12	7.86	4.14	7.82	7.48	8.01	8.37	16.44
Diluted EPS, GAAP	3.48	4.72	4.24	4.52	5.88	5.87	6.24	7.87	6.81	3.59	6.84	6.52	6.98	7.26	14.17
Diluted EPS from Cont Ops	4.24	5.16	4.41	5.22	6.9	6.83	7.21	9.12	7.86	4.14	7.82	7.48	8.01	8.37	16.44
Dividend per Share	4.24	4.9	5.45	6.04	7.08	7.53	8.26	9.11	9.57	5.39	8.19	7.91	8.56	9.34	9.91
Cash Flow per Share	6.83	8.29	8.71	8.79	9.75	10.79	11.54	12.11	12.36	7.54	11.07	11.49	12.03	11.7	12.67
Free Cash Flow per Basic Share	6.83	8.29	8.71	8.79	9.75	10.79	11.54	12.11	12.36	7.54	11.07	11.49	12.03	11.7	12.67
Cash & Equivalents per Share	2.68	3.82	5.44	1.97	2.27	1.79	4.77	1.66	2.18	3.08	1.62	1.9	6.65	4.29	2.53
Book Value per Share	15.47	18.93	18.69	16.25	14.31	13.63	11.73	10.53	8.09	9.12	10.1	9.47	9.15	8.89	15.89
Tangible Book Value per Share	14.47	17.29	17.48	15.24	13.42	12.72	11.06	10.04	7.78	8.96	9.94	9.36	9.06	8.82	15.68