Penske Automotive Group, Inc. Financial Ratios — UA9 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 (%)	16.18	15.15	17.39	18.16	18.94	19.37	29.58	18.82	16.13	17.83	32.22	33.58	24.99	19.13	17.06
Return on Assets (%)	4.13	3.76	4.14	4.2	4.28	4.07	6.33	4.39	3.51	4	8.89	10.01	7.45	5.91	5.39
Return on Capital (%)	6.61	6.01	6.38	6.43	6.51	6.43	- -	7.34	5.86	6.03	11.93	13.55	10.8	8.93	8.01
Return on Invested Capital (%)	6.11	6.16	6.08	6.13	6.27	5.84	- -	6.09	4.77	4.94	9.58	10.27	9.02	7.85	6.75
Gross Margin (%)	15.87	15.31	15.2	14.97	14.87	14.75	15.07	14.99	14.91	15.58	17.38	17.4	16.65	16.37	16.4
EBITDA Margin (%)	3.09	3.23	3.38	3.31	3.34	3.3	3.3	3.37	3.29	4.01	5.78	5.81	5.02	4.81	4.57
Operating Margin (%)	2.67	2.83	2.97	2.9	2.94	2.86	2.86	2.92	2.82	3.45	5.31	5.35	4.69	4.3	4.03
Incremental Operating Margin (%)	3.81	3.75	4.1	2.57	3.22	1.01	2.88	3.83	- -	- -	12.76	5.81	- -	- -	158.79
Pretax Margin (%)	2.25	2.25	2.57	2.66	2.55	2.53	2.56	2.65	2.55	3.46	6.29	6.68	4.77	4.05	3.97
Profit Margin (%)	1.6	1.44	1.69	1.66	1.69	1.7	2.87	2.07	1.88	2.66	4.65	4.96	3.59	3.04	2.94
Net Income to Common Margin (%)	1.6	1.44	1.69	1.66	1.69	1.7	2.87	2.07	1.88	2.66	4.65	4.96	3.59	3.04	2.94
Effective Tax Rate (%)	28.95	32.53	33.16	33.44	32.12	31.63	- -	22.23	26.49	22.99	25.89	25.44	24.47	24.54	25.78
Dvd Payout Ratio (%)	12.39	20.97	22.4	22.87	25.07	27.1	17.7	25.84	30.13	12.46	11.91	11.07	16.89	28.06	36.56
Sustainable Growth Rate (%)	14.18	11.97	13.49	14.01	14.19	14.12	24.35	13.96	11.27	15.61	28.38	29.87	20.77	13.77	10.83

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	2,485	3,053	3,569	4,100	4,655	5,195	5,925	6,008	8,668	7,184	6,402	6,954	7,737	8,439	8,721
ST Debt	1,639	2,136	2,587	2,784	3,408	3,366	3,835	3,883	4,110	3,232	2,637	3,072	3,981	4,804	4,449
LT Debt	847	917	982	1,316	1,247	1,829	2,090	2,125	4,558	3,952	3,766	3,883	3,756	3,635	4,272
Total Debt/EBITDA	7.28	7.32	7.29	7.18	7.22	7.82	8.39	7.82	11.37	8.76	4.33	4.31	4.98	5.51	6
Net Debt/EBITDA	7.2	7.21	7.19	7.12	7.13	7.78	8.32	7.76	8.32	5.83	2.66	2.79	3.42	3.82	4.26
Total Debt/EBIT	8.42	8.36	8.3	8.19	8.22	9.04	9.69	9.04	13.28	10.2	4.72	4.67	5.49	6.16	6.81
Net Debt/EBIT	8.33	8.24	8.19	8.12	8.11	8.99	9.62	8.98	9.71	6.79	2.9	3.03	3.76	4.27	4.84
EBITDA to Interest Expense	4.71	4.96	5.52	5.75	5.66	4.88	4.14	3.93	3.65	5.21	15.59	13.15	6.81	5.45	5.54
EBITDA-CapEx/Interest Expense	2.89	3.17	3.54	3.97	3.91	3.39	2.69	2.37	2.48	4.03	12.96	10.85	5.12	4.11	4.3
EBIT to Interest Expense	4.07	4.34	4.85	5.04	4.97	4.22	3.58	3.4	3.13	4.48	14.31	12.12	6.36	4.88	4.88
Interest Expense	73	84	89	99	114	136	171	196	209	157	95	123	228	281	262
Common Equity/Total Assets	25.45	24.25	23.45	22.87	22.34	19.82	22.72	23.93	20.03	24.93	30.23	29.39	30.16	31.55	31.61
Long-Term Debt/Equity (%)	73.66	69.67	64.5	78.28	67.96	102.77	86.1	80.64	162.12	118.83	91.96	93	78.97	67.09	76.55
Long-Term Debt/Capital (%)	23.3	20.99	19.28	22.77	19.22	26.22	25.03	24.59	39.71	37.61	35.87	34.89	30.06	26.23	29.87
Long-Term Debt/Total Assets (%)	18.82	17.05	15.3	18.21	15.56	20.7	19.83	19.48	32.69	29.84	27.97	27.51	23.96	21.23	24.28
Total Debt/Equity (%)	216.2	231.93	234.49	243.85	253.67	291.93	244.03	228.01	308.29	215.99	156.34	166.57	162.69	155.75	156.27
Total Debt/Capital (%)	68.37	69.87	70.1	70.92	71.73	74.49	70.93	69.51	75.51	68.35	60.99	62.49	61.93	60.9	60.98
Total Debt/Total Assets (%)	55.24	56.76	55.63	56.72	58.09	58.81	56.21	55.09	62.17	54.23	47.55	49.27	49.37	49.29	49.56
Net Debt to Equity	213.83	228.63	231.18	241.69	250.27	290.58	242.15	226.52	225.45	143.84	95.92	108.07	111.54	107.99	111.01
Net Debt/Capital (%)	68.14	69.57	69.8	70.73	71.45	74.4	70.77	69.37	55.35	45.74	37.78	40.93	42.79	42.48	43.51
EBITDA	342	417	489	571	645	665	707	769	762	820	1,478	1,615	1,553	1,531	1,453
EBITDA-CapEx	210	266	314	395	445	462	460	463	517	634	1,229	1,333	1,167	1,154	1,128
Operating Income (Loss)	295	365	430	500	567	575	611	665	653	705	1,356	1,488	1,450	1,370	1,281

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	0.01	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.02	0.02	0.01	0.01
Current Ratio	1.03	1.03	1.03	1.06	1.03	1.04	1.01	1.01	0.98	0.94	0.95	0.99	1	0.92	0.99
Quick Ratio	0.21	0.22	0.19	0.2	0.2	0.21	0.2	0.19	0.18	0.18	0.2	0.21	0.21	0.17	0.18
CFO/Avg Current Liab	0.03	0.13	0.11	0.1	0.1	0.09	0.14	0.12	0.1	0.24	0.29	0.32	0.22	0.2	0.15
Common Equity/Total Assets	25.45	24.25	23.45	22.87	22.34	19.82	22.72	23.93	20.03	24.93	30.23	29.39	30.16	31.55	31.61
Long-Term Debt/Equity (%)	73.66	69.67	64.5	78.28	67.96	102.77	86.1	80.64	162.12	118.83	91.96	93	78.97	67.09	76.55
Long-Term Debt/Capital (%)	23.3	20.99	19.28	22.77	19.22	26.22	25.03	24.59	39.71	37.61	35.87	34.89	30.06	26.23	29.87
Long-Term Debt/Total Assets (%)	18.82	17.05	15.3	18.21	15.56	20.7	19.83	19.48	32.69	29.84	27.97	27.51	23.96	21.23	24.28
Total Debt/Equity (%)	216.2	231.93	234.49	243.85	253.67	291.93	244.03	228.01	308.29	215.99	156.34	166.57	162.69	155.75	156.27
Total Debt/Capital (%)	68.37	69.87	70.1	70.92	71.73	74.49	70.93	69.51	75.51	68.35	60.99	62.49	61.93	60.9	60.98
Total Debt/Total Assets (%)	55.24	56.76	55.63	56.72	58.09	58.81	56.21	55.09	62.17	54.23	47.55	49.27	49.37	49.29	49.56
CFO/Total Liabilities	1.87	8.03	6.53	6.63	6.35	5.29	7.69	7.43	4.66	12.11	13.8	14.68	10.49	10.52	8.11
CFO/CapEx	0.48	2.16	1.83	2.09	1.97	1.84	2.52	2.01	2.11	6.46	5.2	5.16	2.97	3.26	3
Altman's Z-Score	4.09	4.03	3.95	4.18	4.04	3.79	3.43	3.51	2.74	2.78	3.85	3.94	3.97	3.74	3.68

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	27.19	26.32	25.28	26.47	25.9	24.22	23.32	24.19	24.54	23.14	33.17	33.91	30.59	29.62	30.19
Days Sales Outstanding	13.42	13.87	14.44	13.79	14.09	15.07	15.65	15.09	14.88	15.78	11	10.77	11.93	12.32	12.09
Inventory Turnover	6.24	6.22	5.49	5.49	5.21	4.99	4.94	4.85	4.75	4.49	6.44	6.92	6.61	5.92	5.58
Days Inventory Outstanding	58.53	58.64	66.53	66.48	70.03	73.12	73.87	75.22	76.81	81.27	56.66	52.73	55.26	61.66	65.37
Accounts Payable Turnover	40.18	47.76	40.65	37.87	37.2	34.5	32.84	31.4	32.25	25	28.86	28.82	30.87	31.36	30.35
Accounts Payable Turnover Days	9.08	7.64	8.98	9.64	9.81	10.58	11.12	11.62	11.32	14.6	12.65	12.66	11.82	11.64	12.02
Cash Conversion Cycle	62.87	64.87	71.99	70.63	74.31	77.61	78.4	78.69	80.36	82.45	55.01	50.83	55.36	62.35	65.44
Inventory to Cash Days	-45.11	-44.77	-52.09	-52.69	-55.94	-58.05	-58.22	-60.13	-61.93	-65.5	-45.65	-41.96	-43.32	-49.34	-53.28
Inventories	1,535	1,976	2,501	2,836	3,464	3,408	3,944	4,040	4,261	3,426	3,129	3,509	4,293	4,711	4,815
Raw Materials	78	86	223	198	204	194	258	234	227	255	277	251	456	662	678
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	1,458	1,890	2,279	2,639	3,260	3,214	3,686	3,807	4,034	3,171	2,852	3,258	3,838	4,048	4,137
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	1,727	2,601	4,197	4,507	3,836	4,388	4,094	3,342	4,142	4,629	8,129	8,058	11,038	10,218	10,740
- Cash & Cash Equivalents	27	44	50	36	62	24	46	39	28	50	101	107	96	84	65
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	4	12	18	28	45	29	33	26	18	24	25	27	29	18	19
+ Total Debt	2,485	3,053	3,569	4,100	4,655	5,195	5,925	6,008	8,668	7,184	6,402	6,954	7,737	8,439	8,721
Enterprise Value	4,190	5,623	7,734	8,599	8,473	9,588	10,006	9,336	12,800	11,787	14,456	14,933	18,708	18,592	19,415
Total Capital	3,635	4,369	5,091	5,781	6,490	6,974	8,353	8,642	11,480	10,510	10,497	11,129	12,492	13,858	14,302
Total Debt/Capital (%)	68.37	69.87	70.1	70.92	71.73	74.49	70.93	69.51	75.51	68.35	60.99	62.49	61.93	60.9	60.98
Total Debt / EV	0.59	0.54	0.46	0.48	0.55	0.54	0.59	0.64	0.68	0.61	0.44	0.47	0.41	0.45	0.45
EV/Sales	0.38	0.44	0.53	0.5	0.44	0.48	0.47	0.41	0.55	0.58	0.57	0.54	0.61	0.58	0.61
EV/EBITDA	12.26	13.47	15.8	15.07	13.15	14.43	14.16	12.15	16.79	14.37	9.78	9.25	12.05	12.14	13.36
EV/EBIT	14.19	15.4	17.99	17.18	14.96	16.68	16.37	14.04	19.61	16.73	10.66	10.04	13.27	13.57	15.16
EV/Cash Flow to Firm	36.69	14.69	20.41	19.81	18.04	20.57	- -	12.18	19.05	8.91	10.6	9.63	14.2	12.89	16.6
EV/Free Cash Flow to Firm	- -	24.24	37.93	33.34	31.37	36.46	- -	20.24	30	10.37	12.97	11.78	20.09	17.46	22.97
Diluted Market Cap	1,746	2,603	4,201	4,513	3,848	4,429	4,099	3,368	4,214	4,641	8,352	8,604	11,184	10,238	10,812
Diluted Enterprise Value	4,209	5,624	7,738	8,605	8,485	9,628	10,011	9,362	12,872	11,799	14,679	15,478	18,854	18,611	19,487
EV per Share	46.41	62.27	85.7	95.29	94.64	112.52	116.64	110.42	157.86	146.62	186.35	214.3	278.76	278.43	295.24
TTM Sales	11,039	12,903	14,483	17,232	19,285	20,119	21,387	22,785	23,179	20,444	25,555	27,815	30,917	31,865	31,809
TTM EBITDA	342	417	489	571	645	665	707	769	762	820	1,478	1,615	1,553	1,531	1,453
TTM Operating Income	295	365	430	500	567	575	611	665	653	705	1,356	1,488	1,450	1,370	1,281
TTM Cash Flow to Firm	114	383	379	434	470	466	- -	767	672	1,323	1,364	1,551	1,317	1,443	1,170
TTM Free Cash Flow to Firm	-18	232	204	258	270	263	- -	461	427	1,137	1,115	1,268	931	1,065	845

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	-25.27	14.86	29.05	23.53	19.96	26.08	10.89	10.9	15.42	4.57	8	7.31	14.73	12	16.62
EV/EBIT	14.19	15.4	17.99	17.18	14.96	16.68	16.37	14.04	19.61	16.73	10.66	10.04	13.27	13.57	15.16
Enterprise Value	4,190	5,623	7,734	8,599	8,473	9,588	10,006	9,336	12,800	11,787	14,456	14,933	18,708	18,592	19,415
Low Price	15.03	18.42	28.14	37.08	41.43	29.75	38.82	37.96	38.84	20.79	57.33	85.66	112.88	143.47	134.72
EV/Sales	0.38	0.44	0.53	0.5	0.44	0.48	0.47	0.41	0.55	0.58	0.57	0.54	0.61	0.58	0.61
EV/EBITDA	12.26	13.47	15.8	15.07	13.15	14.43	14.16	12.15	16.79	14.37	9.78	9.25	12.05	12.14	13.36
Price/Earnings	9.87	14.03	17.2	15.74	11.8	12.92	6.68	7.15	9.67	8.54	7.03	6.23	10.09	10.57	11.56
Price/Earnings Average	10.02	12.42	13.2	14.18	13.61	9.99	6.45	8.53	8.64	6.69	5.77	5.83	9.27	10.77	11.76
Price/Earnings High	12.13	15.46	17.36	15.99	14.71	13.9	7.64	9.77	10.07	9.06	7.59	6.86	11.26	12.26	13.35
Price/Earnings Low	7.75	8.97	10.41	11.69	11.41	7.46	5.44	6.87	7.35	3.08	3.85	4.62	6.92	9.91	9.53
Price/Book Value	1.51	1.99	2.79	2.73	2.14	2.51	1.71	1.28	1.48	1.4	2	1.94	2.34	1.89	1.93
Price/Book Value Average	1.53	1.77	2.14	2.46	2.47	1.94	1.65	1.53	1.32	1.1	1.64	1.82	2.15	1.93	1.96
Price/Book Value High	1.85	2.2	2.81	2.77	2.67	2.7	1.95	1.75	1.54	1.49	2.16	2.14	2.61	2.2	2.23
Price/Book Value Low	1.18	1.28	1.69	2.02	2.07	1.45	1.39	1.23	1.13	0.51	1.09	1.44	1.6	1.77	1.59
Price/Tangible Book Value	78.72	46.54	56.49	-1,073.19	65.01	110.82	15.7	9.01	12.54	5.71	6.23	6.19	6.33	5.42	5.47
Price/Tangible Book Value Average	79.92	41.2	43.35	-967.11	75.01	85.75	15.15	10.75	11.21	4.47	5.11	5.78	5.82	5.53	5.57
Price/Tangible Book Value High	96.74	51.28	56.99	-1,090.52	81.05	119.3	17.95	12.31	13.06	6.06	6.73	6.81	7.07	6.3	6.32
Price/Tangible Book Value Low	61.85	29.75	34.18	-796.68	62.87	64.02	12.77	8.65	9.54	2.06	3.41	4.58	4.35	5.08	4.51
Price/Sales	0.16	0.2	0.29	0.26	0.2	0.22	0.19	0.15	0.18	0.23	0.33	0.31	0.36	0.32	0.34
Price/Sales Average	0.16	0.18	0.22	0.24	0.23	0.17	0.18	0.18	0.16	0.18	0.27	0.29	0.33	0.33	0.35
Price/Sales High	0.19	0.22	0.29	0.27	0.25	0.24	0.22	0.2	0.19	0.24	0.35	0.34	0.4	0.37	0.39
Price/Sales Low	0.12	0.13	0.18	0.19	0.19	0.13	0.16	0.14	0.14	0.08	0.18	0.23	0.25	0.3	0.28
Price/Cash Flow	27.89	7.98	13.14	12.27	9.81	11.88	6.57	5.48	8.13	3.86	6.46	5.9	9.77	8.32	11.09
Price/Cash Flow Average	28.32	7.07	10.09	11.05	11.32	9.19	6.34	6.54	7.26	3.03	5.3	5.51	8.97	8.48	11.28
Price/Cash Flow High	34.28	8.8	13.26	12.46	12.23	12.79	7.52	7.49	8.46	4.1	6.97	6.49	10.91	9.66	12.8
Price/Cash Flow Low	21.91	5.1	7.95	9.11	9.48	6.86	5.35	5.26	6.18	1.39	3.53	4.37	6.7	7.8	9.15
Price/Free Cash Flow Average	-25.65	13.15	22.3	21.2	23.02	20.18	10.5	13	13.78	3.58	6.56	6.84	13.53	12.24	16.91
Price/Free Cash Flow High	-31.05	16.37	29.31	23.91	24.88	28.08	12.45	14.89	16.05	4.85	8.63	8.05	16.45	13.93	19.19
Price/Free Cash Flow Low	-19.85	9.5	17.58	17.47	19.3	15.07	8.86	10.46	11.72	1.65	4.37	5.42	10.11	11.25	13.71
EV/Sales Average	0.38	0.41	0.47	0.47	0.47	0.43	0.46	0.44	0.53	0.53	0.51	0.52	0.58	0.59	0.62
EV/Sales High	0.42	0.46	0.54	0.5	0.49	0.49	0.5	0.46	0.56	0.59	0.59	0.57	0.65	0.63	0.66
EV/Sales Low	0.35	0.36	0.42	0.43	0.43	0.38	0.43	0.4	0.51	0.43	0.42	0.46	0.49	0.56	0.55
EV/EBITDA Average	12.34	12.76	13.81	14.29	14.06	12.93	13.96	12.99	16.21	13.15	8.79	8.92	11.47	12.27	13.49
EV/EBITDA High	13.42	14.11	15.88	15.2	14.61	14.93	14.99	13.74	17.01	14.72	10.22	9.75	12.88	13.21	14.5
EV/EBITDA Low	11.18	11.23	12.42	13.04	12.95	11.64	13.08	11.97	15.49	10.77	7.29	7.95	9.82	11.72	12.07
EV/EBIT Average	14.28	14.58	15.72	16.29	16	14.95	16.13	15.01	18.94	15.31	9.58	9.68	12.64	13.72	15.31
EV/EBIT High	15.53	16.13	18.08	17.33	16.63	17.26	17.32	15.88	19.87	17.13	11.13	10.58	14.19	14.77	16.46
EV/EBIT Low	12.94	12.83	14.14	14.86	14.73	13.45	15.12	13.84	18.09	12.53	7.94	8.63	10.82	13.1	13.69
Last Price	19.13	28.81	46.51	49.95	42.85	51.5	47.72	39.53	51.08	57.58	104.79	115.64	164.48	153.03	163.32
High Price	23.51	31.75	46.92	50.75	53.41	55.44	54.55	54.01	53.18	61.1	113.1	127.32	183.68	177.62	188.57
Enterprise Value Average	4,216	5,324	6,758	8,154	9,062	8,595	9,862	9,981	12,359	10,785	12,993	14,406	17,811	18,793	19,602
Enterprise Value High	4,585	5,888	7,771	8,672	9,419	9,924	10,592	10,560	12,970	12,070	15,100	15,746	19,997	20,234	21,076
Enterprise Value Low	3,819	4,685	6,076	7,438	8,346	7,735	9,242	9,203	11,807	8,830	10,774	12,843	15,245	17,953	17,534

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	90	90	90	90	90	85	86	85	81	80	78	70	67	67	66
Diluted Weighted Avg Shares	91	90	90	90	90	86	86	85	83	81	80	74	68	67	66
Basic Weighted Avg Shares	91	90	90	90	90	86	86	85	83	81	80	74	68	67	66
Revenue per Share	120.95	142.82	160.33	190.71	214.75	233.94	248.97	267.43	280.96	253.65	320.64	373.85	454.65	476.3	480.49
EBITDA per Share	3.74	4.62	5.42	6.32	7.18	7.73	8.22	9.02	9.24	10.17	18.54	21.71	22.84	22.89	21.95
Operating Income per Share	3.23	4.04	4.76	5.54	6.31	6.68	7.12	7.8	7.91	8.74	17.02	20	21.32	20.48	19.35
Basic EPS, GAAP	1.94	2.05	2.7	3.17	3.63	3.99	7.14	5.53	5.28	6.74	14.9	18.55	16.31	14.48	14.13
Basic EPS from Cont Ops	1.93	2.17	2.75	3.37	3.72	4.04	7.14	5.51	5.27	6.76	14.95	18.63	16.39	14.55	14.17
Diluted EPS, GAAP	1.94	2.05	2.7	3.17	3.63	3.99	7.14	5.53	5.28	6.74	14.9	18.55	16.31	14.48	14.13
Diluted EPS from Cont Ops	1.93	2.17	2.75	3.37	3.72	4.04	7.14	5.51	5.27	6.76	14.95	18.63	16.39	14.55	14.17
Dividend per Share	0.24	0.46	0.62	0.78	0.94	1.11	1.26	1.42	1.59	0.84	1.79	2.07	2.78	4.1	5.19
Cash Flow per Share	0.69	3.61	3.54	4.07	4.37	4.34	7.26	7.21	6.29	14.91	16.23	19.61	16.84	18.39	14.73
Free Cash Flow per Basic Share	-0.76	1.94	1.6	2.12	2.15	1.97	4.38	3.63	3.31	12.6	13.1	15.81	11.16	12.75	9.83
Cash & Equivalents per Share	0.3	0.48	0.56	0.4	0.7	0.28	0.53	0.47	0.35	0.62	1.3	1.53	1.44	1.25	0.98
Book Value per Share	12.68	14.44	16.67	18.31	20	20.55	27.92	30.86	34.45	41.08	52.47	59.53	70.42	80.88	84.59
Tangible Book Value per Share	0.24	0.62	0.82	-0.05	0.66	0.46	3.04	4.39	4.07	10.08	16.81	18.69	25.97	28.21	29.84