Zimmer Biomet Holdings, Inc. Financial Ratios — ZIM Stock

Profitability (USD)

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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 (%)	13.28	12.84	- -	- -	1.79	3.13	16.95	-3.3	9.57	-1.13	3.23	1.88	8.36	7.25	5.6
Return on Assets (%)	8.61	8.39	- -	- -	0.8	1.14	6.88	-1.51	4.64	-0.57	1.68	1.04	4.81	4.22	3.17
Return on Capital (%)	10.89	10.68	- -	- -	2.87	2.73	- -	- -	- -	- -	2.93	1.87	6.76	5.92	4.9
Return on Invested Capital (%)	10.65	10.38	- -	- -	3.01	2.94	- -	- -	- -	- -	3.84	2.69	6.83	6.1	4.82
Gross Margin (%)	74.84	72.6	- -	73.41	69.98	68.94	72.67	71.36	71.78	70.23	71.29	70.9	71.82	71.46	69.71
EBITDA Margin (%)	31.54	30.87	- -	30.24	19.67	24.26	23.86	13.54	26.85	16.02	26.34	23.38	30.15	29.72	26.63
Operating Margin (%)	26.93	25.65	- -	24.99	15.51	17.7	18.08	14.46	15.91	11.5	14.73	17.18	19.63	19.9	16.48
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	25.54	39.66	- -	248.68	30.47	42.97	165.81	57.05	27.07	- -
Pretax Margin (%)	22.14	21.8	- -	20.1	2.55	5.21	5.95	-3.42	11.35	-1.72	7.31	5.81	14.43	13.5	10.09
Profit Margin (%)	16.88	16.88	- -	15.41	2.45	3.99	23.24	-4.78	14.18	-2.27	5.88	3.33	13.85	11.77	8.57
Net Income to Common Margin (%)	16.88	16.88	- -	15.41	2.45	3.99	23.24	-4.78	14.18	-2.27	5.88	3.33	13.85	11.77	8.57
Effective Tax Rate (%)	23.96	22.77	- -	23.44	4.57	23.77	- -	- -	- -	- -	10.72	27.83	3.95	12.68	15.13
Dvd Payout Ratio (%)	12.57	17.04	- -	20.26	108.05	62.12	10.68	-51.45	17.39	-2,577.92	44.87	68.86	19.58	21.62	26.99
Sustainable Growth Rate (%)	11.61	10.65	- -	- -	-0.14	1.19	15.14	-4.99	7.9	-30.26	1.78	0.58	6.72	5.68	4.09

Credit (USD)

Credit Ratios API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	1,821	1,673	- -	1,426	11,497	11,241	10,143	8,939	8,221	8,127	7,069	5,697	5,768	6,205	7,519
ST Debt	100	1	- -	- -	- -	576	1,225	525	1,500	500	1,605	544	900	863	587
LT Debt	1,721	1,672	- -	1,426	11,497	10,666	8,918	8,414	6,721	7,627	5,464	5,152	4,868	5,342	6,932
Total Debt/EBITDA	1.29	1.17	- -	1.01	9.75	6.04	5.45	8.32	3.84	8.28	3.93	3.51	2.59	2.72	3.43
Net Debt/EBITDA	0.66	0.41	- -	0.24	8.51	5.7	5.17	7.82	3.55	7.46	3.72	3.28	2.4	2.49	3.16
Total Debt/EBIT	1.74	1.57	- -	1.37	24.6	13.69	12.69	264.46	7.23	97.79	8.22	8.18	4.51	4.83	6.85
Net Debt/EBIT	0.89	0.55	- -	0.33	21.48	12.92	12.03	248.4	6.68	88.14	7.78	7.64	4.19	4.42	6.31
EBITDA to Interest Expense	19.35	20.36	- -	22.39	4.12	5.24	5.72	3.71	9.45	4.63	8.63	9.85	11.08	10.47	7.49
EBITDA-CapEx/Interest Expense	17.76	18.93	- -	20.1	3.53	4.72	5.24	3.15	7.66	4.1	7.9	8.53	9.12	8.83	6.54
EBIT to Interest Expense	16.52	16.92	- -	18.51	3.25	3.82	4.34	3.97	5.6	3.32	4.82	7.23	7.21	7.01	4.63
Interest Expense	73	70	- -	63	287	355	325	289	227	212	208	165	201	218	293
Common Equity/Total Assets	65.03	65.73	- -	67.82	36.41	36.23	45.11	46.72	50.28	49.94	53.98	57.06	58.06	58.36	54.99
Long-Term Debt/Equity (%)	29.33	26.54	- -	21.76	116.26	110.3	75.99	74.62	54.24	62.52	43.14	42.84	38.98	42.81	54.56
Long-Term Debt/Capital (%)	22.39	20.97	- -	17.87	53.76	51	40.76	41.62	32.61	37.52	27.69	29.07	26.66	28.59	34.27
Long-Term Debt/Total Assets (%)	19.09	17.46	- -	14.76	42.33	39.97	34.28	34.87	27.28	31.23	23.29	24.46	22.64	25	30.02
Total Debt/Equity (%)	31.04	26.55	- -	21.76	116.26	116.25	86.43	79.27	66.34	66.61	55.81	47.36	46.19	49.73	59.18
Total Debt/Capital (%)	23.69	20.98	- -	17.87	53.76	53.76	46.36	44.22	39.88	39.98	35.82	32.14	31.59	33.21	37.18
Total Debt/Total Assets (%)	20.2	17.46	- -	14.76	42.33	42.13	38.99	37.05	33.37	33.28	30.14	27.04	26.83	29.04	32.56
Net Debt to Equity	15.97	9.4	- -	5.22	101.5	109.69	81.96	74.46	61.35	60.04	52.82	44.24	42.86	45.52	54.52
Net Debt/Capital (%)	13.77	8.59	- -	4.96	50.37	52.31	45.04	42.68	38.02	37.52	34.56	30.67	30	31.28	35.28
EBITDA	1,411	1,427	- -	1,413	1,180	1,860	1,862	1,074	2,144	982	1,798	1,623	2,229	2,282	2,192
EBITDA-CapEx	1,295	1,327	- -	1,268	1,012	1,676	1,706	912	1,739	869	1,646	1,405	1,835	1,925	1,915
Operating Income (Loss)	1,204	1,186	- -	1,168	931	1,357	1,411	1,147	1,270	705	1,005	1,192	1,451	1,528	1,356

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	1.8	1.75	- -	1.66	1	0.27	0.17	0.22	0.18	0.31	0.11	0.16	0.15	0.21	0.23
Current Ratio	4.28	4.07	- -	4.21	3.62	1.96	1.49	1.83	1.37	1.99	1.41	1.88	1.61	1.91	1.98
Quick Ratio	2.82	2.66	- -	2.55	1.9	0.94	0.67	0.75	0.58	0.88	0.47	0.75	0.65	0.82	0.89
CFO/Avg Current Liab	1.33	1.02	- -	- -	0.64	0.82	0.58	0.64	0.54	0.4	0.5	0.44	0.61	0.56	0.67
Common Equity/Total Assets	65.03	65.73	- -	67.82	36.41	36.23	45.11	46.72	50.28	49.94	53.98	57.06	58.06	58.36	54.99
Long-Term Debt/Equity (%)	29.33	26.54	- -	21.76	116.26	110.3	75.99	74.62	54.24	62.52	43.14	42.84	38.98	42.81	54.56
Long-Term Debt/Capital (%)	22.39	20.97	- -	17.87	53.76	51	40.76	41.62	32.61	37.52	27.69	29.07	26.66	28.59	34.27
Long-Term Debt/Total Assets (%)	19.09	17.46	- -	14.76	42.33	39.97	34.28	34.87	27.28	31.23	23.29	24.46	22.64	25	30.02
Total Debt/Equity (%)	31.04	26.55	- -	21.76	116.26	116.25	86.43	79.27	66.34	66.61	55.81	47.36	46.19	49.73	59.18
Total Debt/Capital (%)	23.69	20.98	- -	17.87	53.76	53.76	46.36	44.22	39.88	39.98	35.82	32.14	31.59	33.21	37.18
Total Debt/Total Assets (%)	20.2	17.46	- -	14.76	42.33	42.13	38.99	37.05	33.37	33.28	30.14	27.04	26.83	29.04	32.56
CFO/Total Liabilities	36.61	29.36	- -	34.14	4.92	9.59	11.08	13.6	12.95	9.86	13.89	14.21	17.56	16.87	16.34
CFO/CapEx	9.96	9.63	- -	7.32	5.07	8.84	10.14	10.74	3.92	10.73	9.86	5.9	4.01	4.2	6.13
Altman's Z-Score	5.96	6.54	- -	7.34	3.75	4.4	5.06	4.95	5.12	4.69	4.37	5.38	5.35	5.38	4.81

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	5.19	5.08	- -	- -	5.09	5.03	4.96	5.63	6.05	4.35	5.03	5.26	5.24	5.25	5.17
Days Sales Outstanding	70.34	71.89	- -	- -	71.77	72.61	73.64	64.87	60.35	83.89	72.5	69.45	69.7	69.47	70.62
Inventory Turnover	1.17	1.22	- -	- -	1.04	1.13	1.06	1.05	0.97	0.75	0.85	0.94	0.92	0.95	1.1
Days Inventory Outstanding	312.24	298.21	- -	- -	349.41	322.85	344.63	347.41	376.04	483.76	428.11	388.15	396.95	384.83	330.92
Accounts Payable Turnover	7.27	8.15	- -	- -	13.31	6.43	6.45	7.1	6.24	5.17	5.21	6.11	6.07	6.75	10.23
Accounts Payable Turnover Days	50.18	44.8	- -	- -	27.43	56.78	56.55	51.39	58.52	70.58	70.07	59.72	60.11	54.11	35.69
Cash Conversion Cycle	332.39	325.29	- -	- -	393.75	338.68	361.71	360.89	377.88	497.07	430.54	397.88	406.54	400.2	365.85
Inventory to Cash Days	-241.9	-226.32	- -	- -	-277.64	-250.24	-270.99	-282.53	-315.69	-399.87	-355.61	-318.7	-327.25	-315.36	-260.3
Inventories	995	1,075	- -	1,193	2,254	1,959	2,068	2,257	2,385	2,451	2,148	2,147	2,385	2,235	2,286
Raw Materials	157	180	- -	181	280	261	250	228	279	272	243	261	308	289	273
Work In Process	52	77	- -	88	146	142	200	230	231	224	176	231	247	175	181
Finished Goods	786	817	- -	924	1,828	1,557	1,619	1,798	1,875	1,955	1,729	1,655	1,831	1,772	1,832
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	11,231	15,565	17,176	18,843	20,284	20,285	24,195	20,188	30,299	31,033	26,216	26,792	25,056	21,128	17,561
- Cash & Cash Equivalents	884	1,081	- -	1,083	1,459	634	524	543	618	802	378	376	416	526	592
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	5	3	- -	2	2	1	- -	5	5	5	6	7	8	8	8
+ Total Debt	1,821	1,673	- -	1,426	11,497	11,241	10,143	8,939	8,221	8,127	7,069	5,697	5,768	6,205	7,519
Enterprise Value	11,502	15,433	17,176	18,575	30,159	30,893	33,812	28,589	37,907	38,363	32,913	32,120	30,416	26,815	24,497
Total Capital	7,687	7,973	- -	7,977	21,387	20,911	21,878	20,215	20,614	20,326	19,735	17,724	18,256	18,681	20,225
Total Debt/Capital (%)	23.69	20.98	- -	17.87	53.76	53.76	46.36	44.22	39.88	39.98	35.82	32.14	31.59	33.21	37.18
Total Debt / EV	0.16	0.11	- -	0.08	0.38	0.36	0.3	0.31	0.22	0.21	0.21	0.18	0.19	0.23	0.31
EV/Sales	2.57	3.34	- -	3.97	5.03	4.03	4.33	3.6	4.75	6.26	4.82	4.63	4.11	3.49	2.98
EV/EBITDA	8.15	10.81	- -	13.14	25.57	16.61	18.16	26.61	17.68	39.09	18.31	19.79	13.64	11.75	11.18
EV/EBIT	10.98	14.44	- -	17.91	64.54	37.62	42.3	845.82	33.32	461.64	38.26	46.13	23.81	20.86	22.31
EV/Cash Flow to Firm	9.53	15.17	- -	16.75	26.85	16.24	- -	- -	- -	- -	19.53	22.88	17.14	15.87	12.59
EV/Free Cash Flow to Firm	10.54	16.83	- -	19.27	31.56	17.98	- -	- -	- -	- -	21.47	27.08	22.03	20.12	14.68
Diluted Market Cap	11,519	15,748	17,176	19,065	18,993	20,467	24,326	20,138	30,402	30,943	26,392	26,959	25,556	21,640	17,851
Diluted Enterprise Value	11,790	15,616	17,176	18,797	28,868	31,075	33,944	28,539	38,010	38,273	33,088	32,287	30,915	27,327	24,786
EV per Share	67.03	90.89	101.75	109.46	148.79	154	166.89	140.14	184.01	184.79	157.48	153.68	147.94	134.7	125.31
TTM Sales	4,472	4,623	- -	4,673	5,998	7,668	7,803	7,933	7,982	6,128	6,827	6,940	7,394	7,679	8,232
TTM EBITDA	1,411	1,427	- -	1,413	1,180	1,860	1,862	1,074	2,144	982	1,798	1,623	2,229	2,282	2,192
TTM Operating Income	1,204	1,186	- -	1,168	931	1,357	1,411	1,147	1,270	705	1,005	1,192	1,451	1,528	1,356
TTM Cash Flow to Firm	1,207	1,017	- -	1,109	1,123	1,903	- -	- -	- -	- -	1,685	1,404	1,775	1,690	1,946
TTM Free Cash Flow to Firm	1,092	917	- -	964	956	1,718	- -	- -	- -	- -	1,533	1,186	1,380	1,333	1,669

Multiples (USD)

Valuation Multiples API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	11.12	18.25	- -	20.82	27.85	14.14	17.06	12.71	25.74	28.33	19.59	25.26	21.53	18.94	12.57
EV/EBIT	10.98	14.44	- -	17.91	64.54	37.62	42.3	845.82	33.32	461.64	38.26	46.13	23.81	20.86	22.31
Enterprise Value	11,502	15,433	17,176	18,575	30,159	30,893	33,812	28,589	37,907	38,363	32,913	32,120	30,416	26,815	24,497
Low Price	51.85	65.34	73.2	88.84	89.23	89.02	99.95	98.96	98.74	76.8	116.67	101.99	102.25	100.91	85.29
EV/Sales	2.57	3.34	- -	3.97	5.03	4.03	4.33	3.6	4.75	6.26	4.82	4.63	4.11	3.49	2.98
EV/EBITDA	8.15	10.81	- -	13.14	25.57	16.61	18.16	26.61	17.68	39.09	18.31	19.79	13.64	11.75	11.18
Price/Earnings	15.16	19.92	- -	26.05	127.57	66.11	13.29	- -	26.66	- -	65.15	116.12	24.84	23.85	25.23
Price/Earnings Average	14.15	17.12	- -	23.28	135.35	72.72	12.85	- -	22.66	- -	77.85	105.1	25.53	25.79	27.92
Price/Earnings High	15.56	19.92	- -	26.64	151.66	84.64	14.45	- -	26.8	- -	90.88	121.11	30.45	29.85	32.06
Price/Earnings Low	12.01	14.2	- -	20.84	113.76	58.21	11.13	- -	17.9	- -	60.6	92.38	20.84	22.68	23.95
Price/Book Value	1.92	2.47	- -	2.88	2.05	2.1	2.06	1.79	2.45	2.54	2.07	2.23	2.01	1.69	1.38
Price/Book Value Average	1.79	2.12	- -	2.57	2.18	2.31	1.99	2.08	2.08	2.22	2.47	2.02	2.06	1.83	1.53
Price/Book Value High	1.97	2.47	- -	2.94	2.44	2.69	2.24	2.34	2.46	2.69	2.89	2.32	2.46	2.12	1.76
Price/Book Value Low	1.52	1.76	- -	2.3	1.83	1.85	1.73	1.79	1.64	1.31	1.93	1.77	1.68	1.61	1.31
Price/Tangible Book Value	4.41	5.23	- -	5.49	-2.31	-2.08	-3.32	-3.36	-6.78	-7.53	-14.63	-16.5	-20.98	-19.54	-8.93
Price/Tangible Book Value Average	4.11	4.49	- -	4.91	-2.45	-2.29	-3.21	-3.9	-5.76	-6.57	-17.48	-14.93	-21.56	-21.13	-9.88
Price/Tangible Book Value High	4.52	5.23	- -	5.61	-2.74	-2.66	-3.61	-4.39	-6.82	-7.97	-20.4	-17.21	-25.71	-24.45	-11.35
Price/Tangible Book Value Low	3.49	3.73	- -	4.39	-2.06	-1.83	-2.78	-3.36	-4.55	-3.87	-13.61	-13.13	-17.6	-18.58	-8.48
Price/Sales	2.56	3.36	- -	4.02	3.13	2.64	3.09	2.54	3.78	5.05	3.83	3.87	3.44	2.81	2.16
Price/Sales Average	2.39	2.89	- -	3.59	3.32	2.9	2.99	2.95	3.21	4.41	4.58	3.5	3.54	3.04	2.39
Price/Sales High	2.63	3.36	- -	4.11	3.72	3.38	3.36	3.31	3.8	5.35	5.35	4.04	4.22	3.51	2.75
Price/Sales Low	2.03	2.4	- -	3.21	2.79	2.32	2.59	2.54	2.54	2.59	3.56	3.08	2.89	2.67	2.05
Price/Cash Flow	9.94	16.14	- -	17.69	22.07	12.39	15.24	11.52	19.02	25.69	17.45	20.91	16.08	14.38	10.48
Price/Cash Flow Average	9.27	13.87	- -	15.81	23.41	13.63	14.73	13.38	16.17	22.43	20.85	18.93	16.53	15.55	11.6
Price/Cash Flow High	10.2	16.14	- -	18.1	26.23	15.86	16.56	15.05	19.12	27.2	24.35	21.81	19.71	17.99	13.32
Price/Cash Flow Low	7.87	11.51	- -	14.16	19.68	10.91	12.75	11.52	12.77	13.2	16.23	16.64	13.49	13.67	9.95
Price/Free Cash Flow Average	10.37	15.68	- -	18.61	29.54	15.55	16.48	14.76	21.88	24.74	23.41	22.87	22.13	20.48	13.91
Price/Free Cash Flow High	11.41	18.25	- -	21.29	33.1	18.1	18.54	16.59	25.88	29.99	27.33	26.35	26.39	23.71	15.98
Price/Free Cash Flow Low	8.81	13.01	- -	16.66	24.83	12.45	14.28	12.71	17.28	14.55	18.22	20.1	18.06	18.01	11.93
EV/Sales Average	2.4	2.86	- -	3.55	5.23	4.29	4.23	4.01	4.18	5.62	5.57	4.26	4.21	3.72	3.2
EV/Sales High	2.64	3.34	- -	4.07	5.67	4.77	4.6	4.38	4.77	6.56	6.34	4.79	4.88	4.18	3.55
EV/Sales Low	2.05	2.37	- -	3.17	4.66	3.71	3.83	3.6	3.5	3.8	4.55	3.84	3.57	3.36	2.87
EV/EBITDA Average	7.62	9.28	- -	11.73	26.61	17.69	17.72	29.64	15.56	35.08	21.15	18.23	13.96	12.51	12.03
EV/EBITDA High	8.36	10.81	- -	13.45	28.81	19.66	19.29	32.35	17.76	40.94	24.06	20.5	16.18	14.08	13.35
EV/EBITDA Low	6.5	7.68	- -	10.48	23.7	15.3	16.04	26.61	13.04	23.71	17.29	16.42	11.83	11.3	10.77
EV/EBIT Average	10.26	12.39	- -	15.97	67.19	40.09	41.29	942.11	29.33	414.3	44.2	42.48	24.35	22.2	24.01
EV/EBIT High	11.26	14.44	- -	18.32	72.74	44.55	44.93	1,028.29	33.47	483.53	50.29	47.78	28.23	24.99	26.64
EV/EBIT Low	8.75	10.26	- -	14.28	59.84	34.67	37.37	845.82	24.57	280.05	36.13	38.26	20.65	20.05	21.5
Last Price	65.45	91.67	101.75	111.04	100.07	101.12	119.42	98.96	147.08	149.48	125.44	128.19	121.87	106.13	89.84
High Price	67.18	91.67	105.8	113.55	118.97	129.46	129.8	129.19	147.86	158.25	174.97	133.7	149.39	132.84	114.18
Enterprise Value Average	10,750	13,242	14,885	16,569	31,396	32,919	32,999	31,843	33,360	34,429	38,021	29,577	31,116	28,537	26,369
Enterprise Value High	11,798	15,433	17,858	19,001	33,990	36,578	35,916	34,756	38,068	40,181	43,266	33,271	36,074	32,132	29,256
Enterprise Value Low	9,167	10,963	12,355	14,808	27,963	28,467	29,868	28,589	27,949	23,272	31,081	26,643	26,383	25,775	23,607

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2012 Y	2013 Y	2014 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	12/31/2012	12/31/2013	05/31/2014	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	172	170	169	170	203	201	203	204	206	208	209	209	206	199	195
Diluted Weighted Avg Shares	176	172	169	172	190	202	204	204	207	207	210	210	210	204	199
Basic Weighted Avg Shares	175	170	169	169	187	200	202	204	205	207	209	210	209	203	198
Revenue per Share	25.57	27.26	- -	27.65	32.01	38.34	38.65	38.98	38.92	29.6	32.73	33.11	35.43	37.81	41.57
EBITDA per Share	8.06	8.41	- -	8.36	6.3	9.3	9.22	5.28	10.45	4.74	8.62	7.74	10.68	11.24	11.07
Operating Income per Share	6.88	6.99	- -	6.91	4.97	6.79	6.99	5.64	6.19	3.4	4.82	5.69	6.95	7.52	6.85
Basic EPS, GAAP	4.32	4.6	- -	4.26	0.78	1.53	8.98	-1.86	5.52	-0.67	1.93	1.1	4.91	4.45	3.56
Basic EPS from Cont Ops	4.3	4.59	- -	4.26	0.78	1.52	8.98	-1.86	5.52	-0.04	2.14	1.39	4.91	4.46	3.56
Diluted EPS, GAAP	4.29	4.54	- -	4.2	0.77	1.51	8.9	-1.86	5.47	-0.67	1.91	1.1	4.88	4.43	3.55
Diluted EPS from Cont Ops	4.28	4.53	- -	4.19	0.77	1.5	8.9	-1.86	5.47	-0.04	2.12	1.38	4.89	4.44	3.55
Dividend per Share	0.54	0.78	- -	0.86	0.84	0.94	0.96	0.96	0.96	0.96	0.96	0.96	0.96	0.97	0.96
Cash Flow per Share	6.59	5.68	- -	6.28	4.53	8.16	7.84	8.59	7.73	5.82	7.19	6.13	7.58	7.38	8.57
Free Cash Flow per Basic Share	5.93	5.09	- -	5.42	3.64	7.24	7.06	7.79	5.76	5.28	6.46	5.09	5.69	5.63	7.17
Cash & Equivalents per Share	9.07	10.65	- -	9.99	8.01	3.16	2.59	2.66	3	3.86	1.81	1.8	2.02	2.64	3.03
Book Value per Share	34.15	37.09	- -	38.6	48.78	48.2	57.93	55.25	60.14	58.74	60.58	57.51	60.7	62.63	64.96
Tangible Book Value per Share	14.85	17.54	- -	20.23	-43.38	-48.66	-35.96	-29.45	-21.7	-19.86	-8.58	-7.77	-5.81	-5.43	-10.06