Healthpeak Properties, Inc. Financial Ratios — HC5 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 (%)	6.31	8.45	9.13	8.6	-5.57	8.43	7.64	18.87	0.76	6.45	7.63	7.6	4.71	3.3	0.9
Return on Assets (%)	3.51	4.46	4.86	4.45	-2.61	3.37	2.78	7.92	0.34	2.76	3.24	3.23	1.94	1.36	0.35
Return on Capital (%)	6.32	- -	7.12	- -	- -	5.98	- -	- -	- -	- -	- -	- -	- -	3.08	1.84
Return on Invested Capital (%)	6.01	- -	6.47	- -	- -	3.65	- -	- -	- -	- -	- -	- -	- -	1.94	2.75
Gross Margin (%)	87.09	85.07	85.8	76.71	68.53	65.32	63.95	68.22	67.33	52.43	59.22	58.13	58.64	60.2	60
EBITDA Margin (%)	72.87	80.31	80.28	70.6	56.59	57.83	46.79	67.54	71.67	49.13	40.81	51.2	52.55	49.7	54.62
Operating Margin (%)	61	62.61	60.73	43.91	37.56	33.78	30.22	26.13	24.75	13.08	17.95	17.3	19.89	17.45	19.28
Incremental Operating Margin (%)	86.64	77.35	44.61	120.18	3.35	- -	57.15	37.64	- -	- -	49.81	9.86	64.53	7.18	59.73
Pretax Margin (%)	28.96	39.63	40.57	16.76	7.02	17.25	22.2	70.39	14.22	13.23	6.77	24.6	14.44	10.12	10.07
Profit Margin (%)	31.8	44.28	46.23	56.34	-28.82	29.48	22.41	89.07	3.67	25.14	26.66	24.28	14.03	9	2.53
Net Income to Common Margin (%)	30.56	43.38	46.23	56.34	-28.82	29.48	22.41	89.07	3.67	25.14	26.66	24.28	14.03	9	2.53
Effective Tax Rate (%)	0.27	- -	0.68	- -	- -	1.22	- -	- -	- -	- -	- -	- -	- -	1.59	3.27
Dvd Payout Ratio (%)	144.47	106.24	103.45	350.6	632.47	253.54	161.21	82.03	379.01	449.25	411.14	122.39	180.75	272.69	649.62
Sustainable Growth Rate (%)	-2.8	-0.53	-0.31	-21.54	29.66	-12.94	-4.67	3.39	-2.11	-22.54	-23.74	-1.7	-3.8	-5.69	-4.93

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	7,673	8,682	8,662	9,721	11,069	9,189	7,880	5,568	6,155	6,478	6,375	6,706	7,083	9,023	10,144
ST Debt	454	- -	- -	839	397	900	1,017	80	93	130	1,166	996	720	150	1,079
LT Debt	7,219	8,682	8,662	8,883	10,672	8,290	6,863	5,488	6,062	6,348	5,209	5,711	6,363	8,873	9,065
Total Debt/EBITDA	6.21	5.75	5.14	8.41	10.08	7.46	9.11	6.92	6.92	8.02	8.24	6.35	6.18	6.72	6.58
Net Debt/EBITDA	6.19	5.59	4.96	8.25	9.77	7.39	9.05	6.78	6.66	7.74	7.77	6.09	5.9	6.41	6.08
Total Debt/EBIT	8.59	7.5	6.83	13.86	18.66	13.85	23.88	21.83	26.89	58.37	71.23	19.45	16.78	28.59	19.53
Net Debt/EBIT	8.55	7.28	6.59	13.59	18.08	13.71	23.71	21.4	25.87	56.35	67.18	18.64	16.02	27.24	18.06
EBITDA to Interest Expense	2.97	3.63	3.87	2.63	2.29	2.65	2.81	3.08	4.08	3.7	4.9	6.1	5.72	4.79	5.05
EBITDA-CapEx/Interest Expense	2.49	3.63	3.87	2.63	2.29	2.65	2.81	3.08	4.08	3.7	4.9	6.1	5.72	4.79	5.05
EBIT to Interest Expense	2.49	2.83	2.93	1.63	1.52	1.55	1.82	1.19	1.41	0.99	2.15	2.06	2.17	1.68	1.78
Interest Expense	415	416	435	440	480	464	308	261	218	218	158	173	200	280	305
Common Equity/Total Assets	50.25	52.98	53.41	50.33	43.56	35.2	37.63	46.74	43.36	42.3	42.7	42.2	40.45	42.14	36.88
Long-Term Debt/Equity (%)	78.29	80.74	79.24	80.77	109.49	139.53	122.67	84.26	90.91	86.4	72.89	78.35	91.89	97.96	109.19
Long-Term Debt/Capital (%)	42.73	44.67	44.21	42.87	51.27	54.79	50.93	45.43	47.27	45.92	38.52	40.81	45.42	49.08	49.14
Long-Term Debt/Total Assets (%)	41.47	43.6	43.14	41.64	49.75	52.6	48.72	43.15	43.2	39.88	34.14	36.21	40.53	44.5	44.58
Total Debt/Equity (%)	83.22	80.74	79.24	88.4	113.57	154.67	140.85	85.49	92.31	88.17	89.2	92.01	102.28	99.62	122.18
Total Debt/Capital (%)	45.42	44.67	44.21	46.92	53.18	60.73	58.48	46.09	48	46.86	47.15	47.92	50.56	49.9	54.99
Total Debt/Total Assets (%)	44.08	43.6	43.14	45.57	51.6	58.31	55.94	43.78	43.86	40.69	41.78	42.52	45.12	45.26	49.88
Net Debt to Equity	82.85	78.44	76.49	86.73	110.08	153.08	139.86	83.79	88.82	85.12	84.13	88.16	97.6	94.91	112.98
Net Debt/Capital (%)	45.31	43.96	43.34	46.45	52.4	60.49	58.31	45.59	46.48	45.38	44.99	46.15	48.66	47.86	52.17
EBITDA	1,235	1,510	1,686	1,156	1,098	1,231	865	805	889	808	774	1,055	1,146	1,342	1,542
EBITDA-CapEx	1,036	1,510	1,686	1,156	1,098	1,231	865	805	889	808	774	1,055	1,146	1,342	1,542
Operating Income (Loss)	1,034	1,177	1,275	719	729	719	559	311	307	215	340	357	434	471	544

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	0.04	0.81	0.94	0.14	0.4	0.07	0.04	0.23	0.08	0.03	0.08	0.04	0.09	0.14	0.26
Current Ratio	0.74	3.12	3.49	1.2	8.47	1.45	0.6	0.76	4.17	2.28	0.37	0.34	0.41	1.06	0.72
Quick Ratio	0.56	2.81	3.34	1.17	1.79	0.72	0.29	0.47	0.33	0.22	0.32	0.28	0.28	0.97	0.64
CFO/Avg Current Liab	1.23	1.89	3.67	1.57	1.15	1.12	0.62	0.89	1.19	0.67	0.49	0.49	0.61	0.95	0.93
Common Equity/Total Assets	50.25	52.98	53.41	50.33	43.56	35.2	37.63	46.74	43.36	42.3	42.7	42.2	40.45	42.14	36.88
Long-Term Debt/Equity (%)	78.29	80.74	79.24	80.77	109.49	139.53	122.67	84.26	90.91	86.4	72.89	78.35	91.89	97.96	109.19
Long-Term Debt/Capital (%)	42.73	44.67	44.21	42.87	51.27	54.79	50.93	45.43	47.27	45.92	38.52	40.81	45.42	49.08	49.14
Long-Term Debt/Total Assets (%)	41.47	43.6	43.14	41.64	49.75	52.6	48.72	43.15	43.2	39.88	34.14	36.21	40.53	44.5	44.58
Total Debt/Equity (%)	83.22	80.74	79.24	88.4	113.57	154.67	140.85	85.49	92.31	88.17	89.2	92.01	102.28	99.62	122.18
Total Debt/Capital (%)	45.42	44.67	44.21	46.92	53.18	60.73	58.48	46.09	48	46.86	47.15	47.92	50.56	49.9	54.99
Total Debt/Total Assets (%)	44.08	43.6	43.14	45.57	51.6	58.31	55.94	43.78	43.86	40.69	41.78	42.52	45.12	45.26	49.88
CFO/Total Liabilities	8.84	11.3	12.56	12.08	10.44	12.37	9.97	13.68	11.49	8.85	9.8	10.61	10.9	9.84	10.4
CFO/CapEx	3.65	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	1.34	1.48	1.29	1.21	1.23	0.9	0.74	1.11	1.45	1.04	1.14	0.7	- -	- -	- -

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	10.34	5.93	5.7	4.15	4.8	9.24	43.06	26.8	26.67	37.77	41.69	40.36	39.92	40.72	36.39
Days Sales Outstanding	35.31	61.52	64.04	87.93	76	39.51	8.48	13.62	13.69	9.67	8.75	9.04	9.14	8.96	10.03
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	15,489	18,572	15,218	18,643	16,298	13,691	12,233	13,155	17,024	15,938	19,293	13,697	10,872	13,908	11,106
- Cash & Cash Equivalents	34	248	301	184	340	95	55	111	80	44	158	72	118	120	467
+ Preferred Equity and Hybrid Capital	285	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	187	203	208	262	403	394	294	568	582	614	631	634	574	656	802
+ Total Debt	7,673	8,682	8,662	9,721	11,069	9,189	7,880	5,568	6,155	6,478	6,375	6,706	7,083	9,023	10,144
Enterprise Value	23,601	27,209	23,787	28,442	27,429	23,179	20,352	19,180	23,680	22,985	26,140	20,964	18,412	23,468	21,585
Total Capital	16,894	19,436	19,593	20,718	20,815	15,131	13,475	12,080	12,822	13,825	13,521	13,994	14,008	18,081	18,447
Total Debt/Capital (%)	45.42	44.67	44.21	46.92	53.18	60.73	58.48	46.09	48	46.86	47.15	47.92	50.56	49.9	54.99
Total Debt / EV	0.33	0.32	0.36	0.34	0.4	0.4	0.39	0.29	0.26	0.28	0.24	0.32	0.38	0.38	0.47
EV/Sales	13.93	14.47	11.33	17.38	14.14	10.89	11.01	16.1	19.09	13.97	13.79	10.17	8.44	8.69	7.65
EV/EBITDA	19.11	18.02	14.11	24.61	24.98	18.82	23.53	23.84	26.64	28.44	33.78	19.87	16.06	17.49	14
EV/EBIT	26.42	23.49	18.74	40.54	46.23	34.94	61.66	75.2	103.45	207.1	292.1	60.81	43.63	74.37	41.55
EV/Cash Flow to Firm	20.73	- -	15.04	- -	- -	13.86	- -	- -	- -	- -	- -	- -	- -	17.43	13.95
EV/Free Cash Flow to Firm	25.1	- -	15.04	- -	- -	13.86	- -	- -	- -	- -	- -	- -	- -	17.43	13.95
Diluted Market Cap	15,170	17,553	15,176	18,604	16,203	13,671	12,220	13,097	16,488	15,720	19,298	13,509	10,874	13,446	11,122
Diluted Enterprise Value	23,282	26,190	23,745	28,404	27,335	23,160	20,339	19,122	23,145	22,767	26,145	20,777	18,414	23,006	21,601
EV per Share	57.76	60.04	52.05	61.86	58.93	49.52	43.35	40.17	46.87	42.69	48.49	38.35	33.65	33.55	31.06
TTM Sales	1,694	1,880	2,100	1,637	1,940	2,129	1,848	1,191	1,240	1,645	1,896	2,061	2,181	2,700	2,823
TTM EBITDA	1,235	1,510	1,686	1,156	1,098	1,231	865	805	889	808	774	1,055	1,146	1,342	1,542
TTM Operating Income	1,034	1,177	1,275	719	729	719	559	311	307	215	340	357	434	471	544
TTM Cash Flow to Firm	1,139	- -	1,581	- -	- -	1,673	- -	- -	- -	- -	- -	- -	- -	1,346	1,547
TTM Free Cash Flow to Firm	940	- -	1,581	- -	- -	1,673	- -	- -	- -	- -	- -	- -	- -	1,346	1,547

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	28.85	16.96	13.21	14.9	13.26	11.26	14.43	15.43	19.49	20.73	24.27	15.01	11.37	12.56	8.88
EV/EBIT	26.42	23.49	18.74	40.54	46.23	34.94	61.66	75.2	103.45	207.1	292.1	60.81	43.63	74.37	41.55
Enterprise Value	23,601	27,209	23,787	28,442	27,429	23,179	20,352	19,180	23,680	22,985	26,140	20,964	18,412	23,468	21,585
Low Price	28.41	34.27	32.4	32.74	29.51	23.52	24.91	21.48	26.81	19.72	28.09	21.55	15.44	16.15	15.81
EV/Sales	13.93	14.47	11.33	17.38	14.14	10.89	11.01	16.1	19.09	13.97	13.79	10.17	8.44	8.69	7.65
EV/EBITDA	19.11	18.02	14.11	24.61	24.98	18.82	23.53	23.84	26.64	28.44	33.78	19.87	16.06	17.49	14
Price/Earnings	29.17	21.46	15.61	20.16	- -	21.77	29.49	12.22	359.86	37.98	38.15	26.98	35.52	55.26	155.89
Price/Earnings Average	25.7	20.32	19.07	18.55	- -	23.43	33.57	11.08	344.88	36.55	35.37	30.65	37.1	55.76	178.99
Price/Earnings High	29.17	22.38	23.54	20.74	- -	27.18	38.23	13.34	400.18	47.66	39.28	39.12	49.79	63.81	205.59
Price/Earnings Low	21.86	17.94	15.18	16.28	- -	17.51	28.19	9.53	286.29	25.29	29.95	23.2	27.59	44.89	154.21
Price/Book Value	1.77	1.76	1.42	1.74	1.74	2.47	2.31	2.21	2.8	2.37	2.96	2.06	1.71	1.66	1.48
Price/Book Value Average	1.56	1.67	1.73	1.6	1.79	2.66	2.63	2.01	2.68	2.28	2.75	2.34	1.79	1.67	1.7
Price/Book Value High	1.77	1.84	2.14	1.79	2.2	3.08	2.99	2.42	3.11	2.97	3.05	2.98	2.4	1.91	1.95
Price/Book Value Low	1.33	1.47	1.38	1.4	1.47	1.98	2.21	1.73	2.23	1.58	2.32	1.77	1.33	1.34	1.46
Price/Tangible Book Value	1.86	1.87	1.49	1.83	1.87	2.7	2.5	2.33	2.92	2.56	3.22	2.2	1.8	1.85	1.64
Price/Tangible Book Value Average	1.64	1.77	1.83	1.68	1.92	2.91	2.85	2.12	2.8	2.47	2.98	2.49	1.88	1.87	1.88
Price/Tangible Book Value High	1.86	1.95	2.25	1.88	2.36	3.37	3.24	2.55	3.25	3.22	3.31	3.18	2.52	2.14	2.16
Price/Tangible Book Value Low	1.39	1.56	1.45	1.48	1.58	2.17	2.39	1.82	2.33	1.71	2.53	1.89	1.4	1.5	1.62
Price/Sales	8.91	9.31	7.22	11.36	8.35	6.42	6.61	10.88	13.21	9.55	10.17	6.55	4.98	4.98	3.94
Price/Sales Average	7.85	8.82	8.81	10.45	8.58	6.91	7.52	9.87	12.66	9.19	9.43	7.44	5.2	5.02	4.52
Price/Sales High	8.91	9.71	10.88	11.69	10.54	8.01	8.57	11.88	14.69	11.98	10.47	9.5	6.99	5.75	5.2
Price/Sales Low	6.68	7.78	7.02	9.17	7.04	5.16	6.32	8.48	10.51	6.36	7.98	5.63	3.87	4.04	3.9
Price/Cash Flow	20.86	16.91	13.19	14.89	13.26	11.26	14.42	15.27	19.37	20.71	24.25	15	11.37	12.55	8.88
Price/Cash Flow Average	18.38	16.01	16.11	13.7	13.62	12.11	16.42	13.85	18.56	19.93	22.49	17.04	11.87	12.66	10.2
Price/Cash Flow High	20.86	17.64	19.89	15.32	16.73	14.05	18.69	16.68	21.54	25.99	24.97	21.75	15.93	14.49	11.72
Price/Cash Flow Low	15.63	14.14	12.83	12.02	11.17	9.05	13.79	11.91	15.41	13.79	19.04	12.89	8.83	10.2	8.79
Price/Free Cash Flow Average	25.42	16.06	16.13	13.71	13.62	12.12	16.42	13.99	18.68	19.95	22.5	17.05	11.88	12.67	10.2
Price/Free Cash Flow High	28.85	17.69	19.92	15.33	16.73	14.06	18.7	16.85	21.67	26.01	24.99	21.76	15.94	14.51	11.72
Price/Free Cash Flow Low	21.63	14.18	12.85	12.03	11.17	9.06	13.79	12.03	15.5	13.81	19.05	12.9	8.83	10.2	8.79
EV/Sales Average	12.84	13.95	12.93	16.47	14.37	11.38	11.93	15.07	18.52	13.61	13.04	11.08	8.66	8.74	8.23
EV/Sales High	13.93	14.9	15.01	17.71	16.34	12.48	12.97	17.11	20.63	16.45	14.09	13.16	10.45	9.49	8.9
EV/Sales Low	11.64	12.86	11.13	15.18	12.81	9.63	10.72	13.67	16.29	10.74	11.6	9.24	7.33	7.72	7.61
EV/EBITDA Average	17.62	17.37	16.11	23.32	25.39	19.67	25.49	22.32	25.84	27.7	31.97	21.63	16.49	17.58	15.07
EV/EBITDA High	19.11	18.55	18.7	25.08	28.87	21.59	27.72	25.34	28.79	33.47	34.52	25.71	19.88	19.09	16.3
EV/EBITDA Low	15.97	16.01	13.87	21.5	22.64	16.65	22.91	20.24	22.72	21.86	28.42	18.05	13.95	15.54	13.92
EV/EBIT Average	24.36	22.64	21.4	38.42	46.99	36.52	66.79	70.4	100.35	201.69	276.39	66.22	44.77	74.77	44.72
EV/EBIT High	26.42	24.18	24.84	41.31	53.43	40.07	72.64	79.93	111.78	243.73	298.48	78.7	53.98	81.2	48.37
EV/EBIT Low	22.08	20.87	18.42	35.42	41.91	30.9	60.03	63.84	88.25	159.14	245.75	55.25	37.88	66.1	41.32
Last Price	37.9	40.98	33.3	40.55	35.01	29.25	26.06	27.55	33.7	29.6	35.79	25.06	19.87	19.88	15.98
High Price	37.9	42.74	50.23	41.73	44.19	36.52	33.77	30.08	37.47	37.15	36.85	36.33	27.86	22.96	21.07
Enterprise Value Average	21,760	26,225	27,158	26,954	27,879	24,222	22,045	17,956	22,972	22,385	24,734	22,828	18,895	23,594	23,231
Enterprise Value High	23,601	28,008	31,520	28,985	31,700	26,583	23,974	20,387	25,588	27,051	26,712	27,130	22,781	25,622	25,127
Enterprise Value Low	19,721	24,168	23,373	24,853	24,867	20,499	19,813	16,282	20,200	17,663	21,992	19,045	15,986	20,859	21,466

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	409	453	457	460	465	468	469	477	505	538	539	547	547	699	695
Diluted Weighted Avg Shares	400	428	456	459	463	467	469	475	489	531	539	539	547	676	696
Basic Weighted Avg Shares	398	427	455	458	463	467	469	471	486	531	539	539	547	676	696
Revenue per Share	4.25	4.4	4.62	3.57	4.19	4.56	3.94	2.53	2.55	3.1	3.52	3.83	3.99	4	4.06
EBITDA per Share	3.1	3.54	3.7	2.52	2.37	2.64	1.84	1.71	1.83	1.52	1.44	1.96	2.1	1.99	2.21
Operating Income per Share	2.59	2.76	2.8	1.57	1.58	1.54	1.19	0.66	0.63	0.41	0.63	0.66	0.79	0.7	0.78
Basic EPS, GAAP	1.3	1.91	2.13	2.01	-1.21	1.34	0.88	2.26	0.09	0.78	0.94	0.93	0.56	0.36	0.1
Basic EPS from Cont Ops	1.35	1.88	2	0.59	0.33	0.8	0.9	1.78	0.36	0.3	0.26	0.95	0.61	0.4	0.15
Diluted EPS, GAAP	1.29	1.9	2.13	2.01	-1.21	1.34	0.88	2.23	0.09	0.78	0.94	0.93	0.56	0.36	0.1
Diluted EPS from Cont Ops	1.34	1.87	2	0.59	0.33	0.8	0.9	1.76	0.36	0.3	0.26	0.95	0.61	0.4	0.15
Dividend per Share	1.98	2.03	2.1	2.18	2.26	2.1	1.48	1.48	1.48	1.48	1.21	1.2	1.2	1.18	1.22
Cash Flow per Share	1.82	2.42	2.53	2.72	2.64	2.6	1.81	1.8	1.74	1.43	1.48	1.67	1.75	1.58	1.8
Free Cash Flow per Basic Share	1.32	2.42	2.53	2.72	2.64	2.6	1.81	1.8	1.74	1.43	1.48	1.67	1.75	1.58	1.8
Cash & Equivalents per Share	0.08	0.55	0.66	0.4	0.73	0.2	0.12	0.23	0.16	0.08	0.29	0.13	0.21	0.17	0.67
Book Value per Share	21.41	23.28	23.47	23.35	20.07	11.85	11.29	12.45	12.04	12.51	12.09	12.17	11.61	12.01	10.79
Tangible Book Value per Share	20.37	21.95	22.28	22.19	18.71	10.83	10.42	11.81	11.53	11.54	11.12	11.41	11.03	10.74	9.75