Cognizant Technology Solutions Corporation Financial Ratios — COZ

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 (%)	23.45	23.87	22.36	20.74	19.09	15.53	14.06	19.02	16.41	12.74	18.72	18.85	16.65	16.21	15.16
Return on Assets (%)	17.51	17.48	16.77	14.67	13.24	11.37	10.2	13.53	11.49	8.4	12.29	12.83	11.7	11.65	10.97
Return on Capital (%)	23.45	23.87	22.36	18.58	16.43	14.12	13.11	17.89	14.97	11.13	16.35	16.77	15.2	14.99	14.06
Return on Invested Capital (%)	22.78	23.4	22.22	18.19	16.15	13.64	12.16	17.68	14.64	11.07	16.27	16.26	14.32	14.36	13.47
Gross Margin (%)	42.19	41.76	40.46	40.16	40.08	39.88	38.2	38.99	36.64	35.92	37.3	35.93	34.56	34.34	33.72
EBITDA Margin (%)	20.59	20.66	21.01	20.39	19.91	19.78	19.74	20.46	17.75	16.05	18.37	18.21	16.76	17.4	18.66
Operating Margin (%)	18.57	18.53	18.97	18.37	17.25	16.97	17.24	17.49	15.91	13.99	15.27	15.28	15.08	15.33	15.76
Incremental Operating Margin (%)	17.96	18.36	21.14	14.59	11.94	13.73	19.95	20.3	- -	260.31	26.79	15.42	66.67	28.2	21.94
Pretax Margin (%)	19.1	18.89	19.09	18.75	17.43	17.48	17.93	17.35	15.15	12.59	15.28	15.52	14.4	14.89	16.48
Profit Margin (%)	14.44	14.31	13.89	14.02	13.08	11.51	10.16	13.03	10.98	8.36	11.55	11.79	10.99	11.35	10.56
Net Income to Common Margin (%)	14.44	14.31	13.89	14.02	13.08	11.51	10.16	13.03	10.98	8.36	11.55	11.79	10.99	11.35	10.56
Effective Tax Rate (%)	24.42	24.24	27.21	25.21	24.95	34.15	43.43	24.96	25.29	33.59	24.51	24.2	23.97	24.27	36.16
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	17.62	22.28	24.59	34.48	23.82	24.63	27.8	26.79	27.35
Sustainable Growth Rate (%)	23.45	23.87	22.36	20.74	19.09	15.53	11.58	14.78	12.38	8.34	14.26	14.21	12.02	11.87	11.01

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	- -	- -	- -	1,638	1,283	878	873	745	1,685	1,758	1,642	1,534	1,315	1,480	1,152
ST Debt	- -	- -	- -	700	406	81	175	9	240	249	233	182	186	185	186
LT Debt	- -	- -	- -	938	877	797	698	736	1,445	1,509	1,409	1,352	1,129	1,295	966
Total Debt/EBITDA	- -	- -	- -	0.78	0.52	0.33	0.3	0.23	0.57	0.66	0.48	0.43	0.41	0.43	0.29
Net Debt/EBITDA	-1.04	-1.03	-1.19	-0.18	-0.34	-0.43	-0.36	-0.13	-0.64	-0.74	-0.33	-0.44	-0.61	-0.39	-0.34
Total Debt/EBIT	- -	- -	- -	0.87	0.6	0.38	0.35	0.27	0.69	0.83	0.58	0.52	0.49	0.51	0.34
Net Debt/EBIT	-1.15	-1.15	-1.32	-0.2	-0.39	-0.51	-0.42	-0.15	-0.78	-0.94	-0.4	-0.52	-0.74	-0.46	-0.39
EBITDA to Interest Expense	- -	- -	- -	697.67	137.33	140.42	127.13	122.19	114.58	111.38	377.78	186.16	79.12	63.59	106.46
EBITDA-CapEx/Interest Expense	- -	- -	- -	627	122.17	124.63	114.78	108.22	99.5	94.79	346.78	168.68	71.39	58.09	98.68
EBIT to Interest Expense	- -	- -	- -	628.33	119	120.47	111	104.44	102.69	97.04	314	156.21	71.17	56.04	89.92
Interest Expense	- -	- -	- -	3	18	19	23	27	26	24	9	19	41	54	37
Common Equity/Total Assets	71.77	74.44	75.43	67.43	71.04	75.22	70.09	72.09	68.02	64.03	67.17	68.95	71.56	72.16	72.56
Long-Term Debt/Equity (%)	- -	- -	- -	12.11	9.45	7.43	6.54	6.44	13.11	13.93	11.75	10.98	8.54	8.99	6.43
Long-Term Debt/Capital (%)	- -	- -	- -	10	8.3	6.87	6.05	6.05	11.37	11.98	10.34	9.77	7.76	8.15	5.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	8.17	6.71	5.59	4.59	4.64	8.92	8.92	7.89	7.57	6.11	6.49	4.67
Total Debt/Equity (%)	- -	- -	- -	21.16	13.83	8.18	8.18	6.52	15.29	16.22	13.69	12.46	9.94	10.27	7.67
Total Debt/Capital (%)	- -	- -	- -	17.46	12.15	7.57	7.56	6.12	13.26	13.96	12.04	11.08	9.04	9.32	7.13
Total Debt/Total Assets (%)	- -	- -	- -	14.27	9.82	6.16	5.74	4.7	10.4	10.39	9.2	8.59	7.11	7.41	5.57
Net Debt to Equity	-33.16	-32.34	-36.07	-4.81	-9.08	-10.78	-9.86	-3.64	-17.3	-18.26	-9.41	-12.55	-14.98	-9.18	-8.82
Net Debt/Capital (%)	-49.62	-47.81	-56.41	-5.06	-9.98	-12.08	-10.94	-3.78	-18.95	-19.96	-9.53	-13.26	-16.63	-9.69	-9.29
EBITDA	1,261	1,518	1,858	2,093	2,472	2,668	2,924	3,299	2,979	2,673	3,400	3,537	3,244	3,434	3,939
EBITDA-CapEx	972	1,184	1,596	1,881	2,199	2,368	2,640	2,922	2,587	2,275	3,121	3,205	2,927	3,137	3,651
Operating Income (Loss)	1,136	1,361	1,678	1,885	2,142	2,289	2,553	2,820	2,670	2,329	2,826	2,968	2,918	3,026	3,327

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	2.01	2.08	2.11	1.46	1.82	2.14	1.78	1.66	1.15	0.77	0.77	0.75	0.79	0.63	0.52
Current Ratio	3.38	3.5	3.46	2.48	2.91	3.56	3.21	3.18	2.55	1.94	2.08	2.17	2.25	2.09	2.14
Quick Ratio	3.1	3.19	3.17	2.34	2.79	3.34	2.92	2.84	2.24	1.64	1.78	1.88	1.95	1.76	1.74
CFO/Avg Current Liab	0.82	0.91	0.9	0.67	0.82	0.64	0.92	0.93	0.88	1.01	0.71	0.75	0.7	0.61	0.8
Common Equity/Total Assets	71.77	74.44	75.43	67.43	71.04	75.22	70.09	72.09	68.02	64.03	67.17	68.95	71.56	72.16	72.56
Long-Term Debt/Equity (%)	- -	- -	- -	12.11	9.45	7.43	6.54	6.44	13.11	13.93	11.75	10.98	8.54	8.99	6.43
Long-Term Debt/Capital (%)	- -	- -	- -	10	8.3	6.87	6.05	6.05	11.37	11.98	10.34	9.77	7.76	8.15	5.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	8.17	6.71	5.59	4.59	4.64	8.92	8.92	7.89	7.57	6.11	6.49	4.67
Total Debt/Equity (%)	- -	- -	- -	21.16	13.83	8.18	8.18	6.52	15.29	16.22	13.69	12.46	9.94	10.27	7.67
Total Debt/Capital (%)	- -	- -	- -	17.46	12.15	7.57	7.56	6.12	13.26	13.96	12.04	11.08	9.04	9.32	7.13
Total Debt/Total Assets (%)	- -	- -	- -	14.27	9.82	6.16	5.74	4.7	10.4	10.39	9.2	8.59	7.11	7.41	5.57
CFO/Total Liabilities	56.28	70.33	71.23	39.4	57.81	46.55	52.88	58.62	48.22	54.2	42.57	46.33	44.33	38.22	50.78
CFO/CapEx	3.04	3.51	5.44	6.95	8.01	5.48	8.48	6.88	6.38	8.29	8.94	7.73	7.35	7.15	10.01
Altman's Z-Score	10.99	11.58	12.74	9.12	9.81	9.79	9.48	9.23	8.08	8.18	9.24	7.83	8.95	9.02	9.06

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	5.58	5.82	5.91	5.67	5.88	5.61	5.46	5.33	5.21	5.25	5.57	5.28	5.06	4.99	4.97
Days Sales Outstanding	65.39	62.72	61.8	64.33	62.05	65.07	66.8	68.53	70.09	69.52	65.52	69.07	72.09	73.13	73.47
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	19,201	21,980	30,172	32,808	37,246	34,043	42,005	36,111	33,836	42,541	46,737	28,908	37,475	38,890	40,432
- Cash & Cash Equivalents	1,311	1,570	2,213	2,010	2,125	2,034	1,925	1,161	2,645	2,680	1,792	2,191	2,621	2,231	1,901
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	1,638	1,283	878	873	745	1,685	1,758	1,642	1,534	1,315	1,480	1,152
Enterprise Value	16,769	19,116	26,425	30,671	33,580	29,752	37,822	32,345	32,097	41,575	45,660	27,941	36,155	38,127	39,670
Total Capital	3,953	4,854	6,136	9,378	10,561	11,606	11,542	12,169	12,707	12,594	13,633	13,843	14,542	15,888	16,167
Total Debt/Capital (%)	- -	- -	- -	17.46	12.15	7.57	7.56	6.12	13.26	13.96	12.04	11.08	9.04	9.32	7.13
Total Debt / EV	- -	- -	- -	0.05	0.04	0.03	0.02	0.02	0.05	0.04	0.04	0.05	0.04	0.04	0.03
EV/Sales	2.74	2.6	2.99	2.99	2.7	2.21	2.55	2.01	1.91	2.5	2.47	1.44	1.87	1.93	1.88
EV/EBITDA	13.3	12.59	14.22	14.65	13.58	11.15	12.94	9.8	10.77	15.55	13.43	7.9	11.15	11.1	10.07
EV/EBIT	14.76	14.04	15.75	16.27	15.68	13	15.24	11.55	13.08	19.67	16.16	9.41	13.45	13.18	11.71
EV/Cash Flow to Firm	19.16	16.3	18.56	20.79	15.26	17.95	15.63	12.38	12.75	12.54	18.25	10.82	15.31	17.61	13.65
EV/Free Cash Flow to Firm	28.57	22.81	22.74	24.28	17.42	21.92	17.71	14.47	15.09	14.25	20.54	12.42	17.69	20.41	15.15
Diluted Market Cap	19,660	22,285	30,268	32,974	37,509	34,155	42,505	36,549	34,577	43,424	47,004	29,476	38,002	39,047	41,276
Diluted Enterprise Value	17,228	19,421	26,521	30,837	33,843	29,864	38,322	32,783	32,838	42,458	45,927	28,509	36,682	38,284	40,514
EV per Share	27.66	31.68	43.48	50.33	55.14	48.93	64.32	56.06	58.57	78.44	86.97	54.89	72.6	77.02	82.82
TTM Sales	6,121	7,346	8,843	10,263	12,416	13,487	14,810	16,125	16,783	16,652	18,507	19,428	19,353	19,736	21,108
TTM EBITDA	1,261	1,518	1,858	2,093	2,472	2,668	2,924	3,299	2,979	2,673	3,400	3,537	3,244	3,434	3,939
TTM Operating Income	1,136	1,361	1,678	1,885	2,142	2,289	2,553	2,820	2,670	2,329	2,826	2,968	2,918	3,026	3,327
TTM Cash Flow to Firm	875	1,173	1,424	1,475	2,201	1,658	2,420	2,612	2,518	3,315	2,502	2,582	2,361	2,165	2,907
TTM Free Cash Flow to Firm	587	838	1,162	1,263	1,928	1,358	2,136	2,235	2,126	2,917	2,223	2,250	2,044	1,868	2,619

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	33.5	26.59	26.04	26.15	19.6	25.39	20.02	16.5	16.41	14.97	21.21	13.18	18.88	21.37	15.91
EV/EBIT	14.76	14.04	15.75	16.27	15.68	13	15.24	11.55	13.08	19.67	16.16	9.41	13.45	13.18	11.71
Enterprise Value	16,769	19,116	26,425	30,671	33,580	29,752	37,822	32,345	32,097	41,575	45,660	27,941	36,155	38,127	39,670
Low Price	27.11	27.46	28.43	43.06	50.68	49.53	51.63	62.24	56.45	42.22	66.14	52.57	56.67	64.12	64.39
EV/Sales	2.74	2.6	2.99	2.99	2.7	2.21	2.55	2.01	1.91	2.5	2.47	1.44	1.87	1.93	1.88
EV/EBITDA	13.3	12.59	14.22	14.65	13.58	11.15	12.94	9.8	10.77	15.55	13.43	7.9	11.15	11.1	10.07
Price/Earnings	21.74	20.88	24.41	22.75	22.94	21.88	28.17	17.34	18.74	31.14	21.95	12.85	17.87	17.4	18.47
Price/Earnings Average	24.51	19.1	18.97	20.58	23.28	22.32	25.94	21.07	19.63	24.54	18.72	16.19	15.5	16.39	16.67
Price/Earnings High	28.26	22.12	24.41	23.07	26.2	24.75	29.78	23.59	22.46	31.48	21.95	20.92	18.08	18.14	19.84
Price/Earnings Low	18.61	15.74	13.97	18.2	19.01	19.36	20.36	17.24	17.13	16.38	16.31	11.89	13.46	14.2	14.09
Price/Book Value	4.86	4.53	4.92	4.24	4.01	3.17	3.94	3.16	3.07	3.93	3.9	2.35	2.83	2.7	2.69
Price/Book Value Average	5.48	4.14	3.82	3.83	4.07	3.24	3.63	3.84	3.22	3.09	3.32	2.96	2.46	2.54	2.43
Price/Book Value High	6.31	4.8	4.92	4.3	4.59	3.59	4.16	4.3	3.68	3.97	3.9	3.82	2.87	2.81	2.89
Price/Book Value Low	4.16	3.41	2.82	3.39	3.33	2.81	2.85	3.14	2.81	2.07	2.9	2.17	2.13	2.2	2.05
Price/Tangible Book Value	5.38	4.93	5.43	7.5	6.2	4.71	6.01	5.32	5.64	8.94	9.07	5.32	6.25	6.64	6.23
Price/Tangible Book Value Average	6.07	4.51	4.22	6.79	6.29	4.81	5.54	6.46	5.91	7.04	7.73	6.71	5.42	6.26	5.62
Price/Tangible Book Value High	7	5.22	5.43	7.61	7.08	5.33	6.36	7.23	6.76	9.04	9.07	8.67	6.32	6.92	6.69
Price/Tangible Book Value Low	4.61	3.72	3.11	6	5.14	4.17	4.35	5.29	5.15	4.7	6.74	4.93	4.71	5.42	4.75
Price/Sales	3.14	2.99	3.39	3.19	3	2.52	2.86	2.26	2.06	2.6	2.53	1.51	1.96	1.97	1.95
Price/Sales Average	3.54	2.73	2.64	2.89	3.04	2.57	2.63	2.75	2.15	2.05	2.16	1.91	1.7	1.86	1.76
Price/Sales High	4.08	3.17	3.39	3.24	3.43	2.85	3.02	3.07	2.47	2.63	2.53	2.47	1.99	2.06	2.1
Price/Sales Low	2.69	2.25	1.94	2.55	2.49	2.23	2.07	2.25	1.88	1.37	1.88	1.4	1.48	1.61	1.49
Price/Cash Flow	21.95	18.72	21.06	22.23	17.03	20.66	17.6	14.05	13.81	13.14	18.8	11.46	16.31	18.35	14.29
Price/Cash Flow Average	24.75	17.13	16.37	20.11	17.28	21.07	16.21	17.08	14.47	10.35	16.03	14.44	14.14	17.28	12.9
Price/Cash Flow High	28.53	19.83	21.06	22.54	19.46	23.36	18.61	19.12	16.55	13.28	18.8	18.65	16.5	19.13	15.35
Price/Cash Flow Low	18.79	14.11	12.06	17.78	14.12	18.28	12.72	13.97	12.63	6.91	13.97	10.6	12.28	14.97	10.9
Price/Free Cash Flow Average	37.77	24.33	20.24	23.66	19.88	25.89	18.44	20.05	17.19	11.8	18.08	16.62	16.37	20.13	14.36
Price/Free Cash Flow High	43.54	28.17	26.04	26.52	22.38	28.72	21.17	22.45	19.67	15.13	21.21	21.46	19.09	22.28	17.09
Price/Free Cash Flow Low	28.67	20.05	14.91	20.91	16.24	22.46	14.47	16.41	15	7.87	15.76	12.2	14.22	17.44	12.13
EV/Sales Average	3.14	2.35	2.23	2.68	2.75	2.26	2.33	2.49	2.01	1.96	2.09	1.83	1.61	1.82	1.69
EV/Sales High	3.68	2.78	2.99	3.03	3.13	2.54	2.72	2.81	2.31	2.52	2.47	2.37	1.89	2.02	2.02
EV/Sales Low	2.29	1.87	1.53	2.35	2.19	1.91	1.77	1.99	1.74	1.29	1.82	1.33	1.39	1.57	1.43
EV/EBITDA Average	15.24	11.36	10.61	13.16	13.81	11.4	11.8	12.16	11.32	12.18	11.4	10.03	9.61	10.45	9.07
EV/EBITDA High	17.87	13.45	14.22	14.88	15.73	12.82	13.76	13.75	13.03	15.73	13.43	13.03	11.28	11.58	10.83
EV/EBITDA Low	11.11	9.03	7.28	11.52	11	9.68	8.95	9.74	9.8	8.01	9.9	7.29	8.29	9.02	7.64
EV/EBIT Average	16.91	12.67	11.74	14.61	15.93	13.29	13.91	14.32	13.74	15.4	13.72	11.95	11.6	12.4	10.54
EV/EBIT High	19.82	15	15.75	16.52	18.15	14.94	16.21	16.19	15.82	19.89	16.16	15.53	13.6	13.75	12.59
EV/EBIT Low	12.32	10.07	8.06	12.79	12.7	11.28	10.55	11.48	11.9	10.13	11.91	8.69	10	10.71	8.88
Last Price	31.67	36.43	49.65	53.84	61.16	55.99	71.44	62.58	61.75	80.27	89.02	56.79	75.25	78.57	84.41
High Price	41.17	38.6	49.65	54.6	69.86	63.32	75.53	85.14	74.01	81.15	89.02	92.47	76.11	81.9	90.67
Enterprise Value Average	19,217	17,246	19,706	27,546	34,127	30,423	34,508	40,118	33,708	32,556	38,771	35,469	31,180	35,869	35,732
Enterprise Value High	22,523	20,423	26,425	31,136	38,877	34,205	40,226	45,362	38,818	42,045	45,660	46,098	36,584	39,779	42,668
Enterprise Value Low	14,000	13,707	13,527	24,102	27,199	25,825	26,178	32,144	29,196	21,413	33,645	25,789	26,903	30,978	30,083

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	606	603	608	609	609	608	588	577	548	530	525	509	498	495	479
Diluted Weighted Avg Shares	621	612	610	612	613	610	595	584	560	541	528	519	505	497	489
Basic Weighted Avg Shares	607	603	604	608	609	607	593	582	559	540	527	518	505	496	488
Revenue per Share	10.09	12.19	14.64	16.88	20.38	22.22	24.97	27.71	30.02	30.84	35.12	37.51	38.32	39.79	43.25
EBITDA per Share	2.08	2.52	3.08	3.44	4.06	4.4	4.93	5.67	5.33	4.95	6.45	6.83	6.42	6.92	8.07
Operating Income per Share	1.87	2.26	2.78	3.1	3.52	3.77	4.31	4.85	4.78	4.31	5.36	5.73	5.78	6.1	6.82
Basic EPS, GAAP	1.46	1.74	2.03	2.37	2.67	2.56	2.54	3.61	3.3	2.58	4.06	4.42	4.21	4.52	4.57
Basic EPS from Cont Ops	1.46	1.74	2.03	2.37	2.67	2.56	2.54	3.61	3.3	2.58	4.06	4.42	4.21	4.52	4.57
Diluted EPS, GAAP	1.42	1.72	2.02	2.35	2.65	2.55	2.53	3.6	3.29	2.57	4.05	4.41	4.21	4.51	4.56
Diluted EPS from Cont Ops	1.42	1.72	2.02	2.35	2.65	2.55	2.53	3.6	3.29	2.57	4.05	4.41	4.21	4.51	4.56
Dividend per Share	- -	- -	- -	- -	- -	- -	0.45	0.8	0.81	0.89	0.97	1.09	1.17	1.21	1.25
Cash Flow per Share	1.44	1.95	2.36	2.42	3.59	2.71	4.06	4.45	4.47	6.11	4.73	4.96	4.61	4.28	5.91
Free Cash Flow per Basic Share	0.97	1.39	1.92	2.07	3.14	2.22	3.58	3.81	3.77	5.37	4.2	4.32	3.99	3.68	5.32
Cash & Equivalents per Share	4.01	4.75	6.17	6.19	8.13	8.5	8.6	7.82	6.25	5.14	5.18	4.91	5.29	4.53	4
Book Value per Share	6.52	8.05	10.1	12.7	15.23	17.64	18.14	19.8	20.11	20.45	22.84	24.18	26.56	29.11	31.35
Tangible Book Value per Share	5.88	7.39	9.15	7.18	9.87	11.88	11.88	11.77	10.95	8.98	9.82	10.67	12.03	11.83	13.55