V.F. Corporation Financial Ratios — VFP Stock

Profitability (USD)

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Return on Common Equity (%)	22.5	21.6	17.89	22.36	20.8	14.2	6.82	31.55	17.75	12.72	42.11	3.68	-42.41	-12.06	15.28
Return on Assets (%)	11.46	12.13	10.39	12.64	11.09	6.24	2.49	12.19	6.32	3.28	10.24	0.87	-7.57	-1.81	2.73
Return on Capital (%)	17.01	17.6	11.43	18.18	14.56	9.34	3.9	18.61	9.7	5.41	14.42	- -	- -	-1.34	5.55
Return on Invested Capital (%)	16.23	17.24	18.57	17.42	16.48	4.19	3.79	13.4	10.04	4.88	12.12	- -	- -	1.78	6.12
Gross Margin (%)	46.53	48.06	48.55	49.04	49.3	54.15	50.54	54.65	55.28	52.69	54.51	52.27	51.56	53.49	54.78
EBITDA Margin (%)	15.65	16.64	17.45	17.43	15.75	13.36	12.53	14.08	11.4	9.49	16.04	11.28	1.65	5.93	8.92
Operating Margin (%)	13.47	14.42	15.14	14.96	13.92	10.52	10.18	11.59	11.93	6.8	13.78	9.01	3.67	4.13	6.32
Incremental Operating Margin (%)	15.52	33.69	32.71	17.34	- -	24.77	10.72	12.19	27.45	49.85	38.58	84.18	54.11	- -	213.17
Pretax Margin (%)	13.07	13.68	14.42	14.23	11.65	9.39	9.66	10.11	6.93	4.94	12.86	6.65	-2.87	1.53	3.55
Profit Margin (%)	9.98	10.6	8.82	11.2	9.74	7.33	8.3	12.27	6.48	4.41	11.71	1.07	-9.77	-2	2.65
Net Income to Common Margin (%)	9.98	10.6	8.82	11.2	9.74	7.33	8.3	12.27	6.48	4.41	11.71	1.07	-9.77	-2	2.65
Effective Tax Rate (%)	23.61	22.55	22.52	22.2	16.02	65.98	11.21	16.17	13.48	22.25	20.15	- -	- -	52.24	25.29
Dvd Payout Ratio (%)	30.68	33.23	29.78	46.45	54.02	255.41	69.45	88.12	119	213.24	63.57	93	-29.76	202.19	55.21
Sustainable Growth Rate (%)	15.6	14.42	12.56	11.97	9.57	-22.07	2.09	3.75	-3.37	-14.4	15.34	0.26	-55.03	12.33	6.84

Credit (USD)

Credit Ratios API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Total Debt	1,845	1,451	1,440	1,855	2,319	2,923	3,744	2,780	5,211	7,362	6,798	8,151	7,349	5,366	4,983
ST Debt	415	24	26	453	280	736	1,531	664	1,582	416	1,190	1,268	1,560	861	344
LT Debt	1,429	1,427	1,414	1,402	2,039	2,188	2,213	2,116	3,629	6,946	5,608	6,883	5,790	4,505	4,640
Total Debt/EBITDA	1.08	0.76	0.69	0.97	1.33	2.61	9.81	1.92	4.36	8.4	3.58	6.52	44.92	9.52	5.81
Net Debt/EBITDA	0.73	0.35	0.23	0.47	0.63	2.1	8.03	1.64	2.07	5.6	2.18	4.66	32.46	6.3	3.16
Total Debt/EBIT	1.26	0.88	0.8	1.13	1.59	3.31	12.07	2.34	5.62	12.12	4.17	8.16	-51.06	17.66	8.64
Net Debt/EBIT	0.85	0.41	0.26	0.55	0.75	2.67	9.88	2	2.66	8.07	2.54	5.84	-36.9	11.68	4.69
EBITDA to Interest Expense	18.2	22.42	24.08	21.6	18.34	11	15.64	13.42	12.99	6.46	13.92	8.2	0.88	3.24	5.14
EBITDA-CapEx/Interest Expense	17.87	21.78	23.29	20.89	17.87	10.38	14.85	12.93	12.49	5.91	13.31	7.59	0.55	3.01	4.83
EBIT to Interest Expense	15.65	19.43	20.89	18.53	16.21	8.66	12.71	11.05	13.59	4.63	11.96	6.55	1.96	2.26	3.64
Interest Expense	94	85	86	89	95	102	24	108	92	136	136	153	186	174	167
Common Equity/Total Assets	53.21	58.91	57.19	55.86	50.73	37.35	35.77	41.5	30.16	22.22	26.46	20.8	14.28	15.86	19.91
Long-Term Debt/Equity (%)	27.88	23.48	25.11	26.03	41.27	58.81	59.99	49.22	108.09	227.27	158.85	236.47	349.11	302.87	250.81
Long-Term Debt/Capital (%)	20.5	18.95	20	19.36	28.09	32.93	29.77	29.89	42.35	66.67	54.29	62.22	64.27	65.73	67.9
Long-Term Debt/Total Assets (%)	14.84	13.83	14.36	14.54	20.94	21.97	21.46	20.43	32.6	50.5	42.03	49.2	49.85	48.04	49.94
Total Debt/Equity (%)	35.99	23.87	25.57	34.44	46.93	78.59	101.51	64.68	155.22	240.88	192.57	280.03	443.16	360.78	269.39
Total Debt/Capital (%)	26.46	19.27	20.36	25.62	31.94	44	50.38	39.28	60.82	70.66	65.82	73.69	81.59	78.3	72.93
Total Debt/Total Assets (%)	19.15	14.06	14.62	19.24	23.81	29.36	36.31	26.84	46.81	53.52	50.95	58.26	63.29	57.22	53.64
Net Debt to Equity	24.33	11.1	8.31	16.91	22.08	63.44	83.06	55.32	73.54	160.51	117.41	200.36	320.23	238.59	146.28
Net Debt/Capital (%)	19.57	9.99	7.67	14.46	18.09	38.81	45.37	35.62	34.29	51.09	45.78	56.91	63.59	55.24	45.03
EBITDA	1,703	1,900	2,073	1,917	1,737	1,122	382	1,446	1,195	877	1,899	1,251	164	563	857
EBITDA-CapEx	1,672	1,846	2,005	1,854	1,693	1,058	362	1,393	1,150	801	1,816	1,158	102	524	806
Operating Income (Loss)	1,465	1,647	1,798	1,645	1,535	883	310	1,190	1,251	628	1,632	999	364	393	607

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Cash Ratio	0.34	0.5	0.6	0.49	0.69	0.21	0.22	0.15	0.45	0.64	0.38	0.23	0.19	0.16	0.38
Current Ratio	1.99	2.48	2.5	2.14	2.4	1.6	1.49	1.76	1.66	2.17	1.38	1.45	1.22	1.4	1.84
Quick Ratio	1.05	1.36	1.39	1.15	1.33	0.73	0.67	0.67	0.89	1.23	0.83	0.68	0.56	0.66	1.05
CFO/Avg Current Liab	0.75	0.91	1.11	0.68	0.79	0.65	-0.08	0.57	0.31	0.5	0.31	-0.19	0.29	0.15	0.28
Common Equity/Total Assets	53.21	58.91	57.19	55.86	50.73	37.35	35.77	41.5	30.16	22.22	26.46	20.8	14.28	15.86	19.91
Long-Term Debt/Equity (%)	27.88	23.48	25.11	26.03	41.27	58.81	59.99	49.22	108.09	227.27	158.85	236.47	349.11	302.87	250.81
Long-Term Debt/Capital (%)	20.5	18.95	20	19.36	28.09	32.93	29.77	29.89	42.35	66.67	54.29	62.22	64.27	65.73	67.9
Long-Term Debt/Total Assets (%)	14.84	13.83	14.36	14.54	20.94	21.97	21.46	20.43	32.6	50.5	42.03	49.2	49.85	48.04	49.94
Total Debt/Equity (%)	35.99	23.87	25.57	34.44	46.93	78.59	101.51	64.68	155.22	240.88	192.57	280.03	443.16	360.78	269.39
Total Debt/Capital (%)	26.46	19.27	20.36	25.62	31.94	44	50.38	39.28	60.82	70.66	65.82	73.69	81.59	78.3	72.93
Total Debt/Total Assets (%)	19.15	14.06	14.62	19.24	23.81	29.36	36.31	26.84	46.81	53.52	50.95	58.26	63.29	57.22	53.64
CFO/Total Liabilities	28.29	35.53	41.81	28.29	30.86	23.64	-3.67	27.47	11.25	12.28	8.81	-5.92	10.19	5.9	9.02
CFO/CapEx	41.28	27.9	25.93	19.02	33.48	23.17	-12.61	31.27	19.16	17.38	10.43	-7.04	16.5	11.7	13.14
Altman's Z-Score	- -	- -	9	7.64	6.12	5.12	3.55	5.9	3.93	3.58	3.91	2.28	1.55	1.99	2.3

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Accounts Receivable Turnover	9.29	8.84	9.01	8.57	9.04	6.51	2.15	7.38	7.83	7.09	8.56	7.21	6.9	7.35	6.99
Days Sales Outstanding	39.29	41.28	40.5	42.59	40.37	56.06	170.1	49.44	46.64	51.48	42.63	50.66	52.89	49.63	52.24
Inventory Turnover	4.14	4.31	4.24	3.69	3.75	2.46	0.84	3.07	3.8	3.71	4.34	2.85	2.41	2.66	2.9
Days Inventory Outstanding	88.08	84.71	86.04	98.95	97.29	148.46	432.29	118.94	95.99	98.36	84.04	127.97	151.62	137.26	125.98
Accounts Payable Turnover	9.53	9.95	9.32	8.28	8.39	5.98	2.47	7.4	10.73	9.51	11.19	8.23	4.88	5.51	5.06
Accounts Payable Turnover Days	38.29	36.69	39.16	44.09	43.49	61.01	147.66	49.33	34.01	38.37	32.61	44.37	74.8	66.2	72.14
Cash Conversion Cycle	89.08	89.3	87.38	97.44	94.17	143.5	454.73	119.04	108.62	111.47	94.06	134.26	129.71	120.69	106.08
Inventory to Cash Days	-48.78	-43.44	-45.54	-56.36	-56.92	-92.39	-262.18	-69.5	-49.34	-46.88	-41.42	-77.31	-98.73	-87.62	-73.74
Inventories	1,354	1,399	1,483	1,555	1,425	1,707	1,861	1,173	1,294	1,062	1,419	2,293	1,698	1,627	1,371
Raw Materials	157	145	146	147	94	105	104	26	25	24	14	13	- -	- -	- -
Work In Process	98	95	105	94	97	110	104	59	68	54	51	40	40	39	34
Finished Goods	1,099	1,160	1,233	1,314	1,233	1,491	1,654	1,088	1,202	983	1,353	2,240	1,658	1,588	1,337
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Market Capitalization	- -	- -	30,491	25,103	20,867	27,509	27,096	32,184	23,068	31,226	22,353	8,519	5,765	5,942	6,483
- Cash & Cash Equivalents	597	776	972	944	1,228	563	681	402	1,369	816	1,276	815	656	429	824
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,845	1,451	1,440	1,855	2,319	2,923	3,744	2,780	5,211	7,362	6,798	8,151	7,349	5,366	4,983
Enterprise Value	- -	- -	30,959	26,013	21,958	29,868	30,159	34,562	26,910	37,173	27,876	15,856	12,458	10,867	10,630
Total Capital	6,970	7,528	7,071	7,240	7,260	6,643	7,432	7,079	8,569	10,418	10,329	11,062	9,008	6,853	6,833
Total Debt/Capital (%)	26.46	19.27	20.36	25.62	31.94	44	50.38	39.28	60.82	70.66	65.82	73.69	81.59	78.3	72.93
Total Debt / EV	- -	- -	0.05	0.07	0.11	0.1	0.12	0.08	0.19	0.2	0.24	0.51	0.59	0.49	0.47
EV/Sales	- -	- -	2.61	2.37	1.99	3.56	9.9	3.37	2.57	4.02	2.35	1.43	1.26	1.14	1.11
EV/EBITDA	- -	- -	14.93	13.57	12.64	26.63	79.03	23.9	22.51	42.4	14.68	12.68	76.15	19.29	12.4
EV/EBIT	- -	- -	17.22	15.82	15.09	33.81	97.27	29.04	29	61.18	17.08	15.88	- -	35.77	18.44
EV/Cash Flow to Firm	- -	- -	16.93	20.44	14.07	19.79	- -	19.7	28.2	26.2	28.64	- -	- -	19.82	13.36
EV/Free Cash Flow to Firm	- -	- -	17.58	21.51	14.49	20.66	- -	20.32	29.62	27.68	31.31	- -	- -	21.36	14.27
Diluted Market Cap	- -	- -	31,005	25,425	21,274	28,046	27,574	32,482	23,728	31,240	22,590	8,513	5,758	5,986	6,555
Diluted Enterprise Value	- -	- -	31,473	26,335	22,365	30,406	30,637	34,860	27,570	37,187	28,112	15,849	12,451	10,910	10,702
EV per Share	- -	- -	71.52	60.98	53.04	75.46	76.48	87.1	69.21	94.84	71.79	40.79	32.04	27.88	27.15
TTM Sales	10,880	11,420	11,882	10,996	11,026	8,395	3,045	10,267	10,489	9,239	11,842	11,089	9,916	9,505	9,605
TTM EBITDA	1,703	1,900	2,073	1,917	1,737	1,122	382	1,446	1,195	877	1,899	1,251	164	563	857
TTM Operating Income	1,465	1,647	1,798	1,645	1,535	883	310	1,190	1,251	628	1,632	999	364	393	607
TTM Cash Flow to Firm	1,347	1,572	1,829	1,273	1,560	1,509	-222	1,755	954	1,419	973	- -	- -	548	796
TTM Free Cash Flow to Firm	1,316	1,518	1,761	1,209	1,516	1,446	-241	1,701	909	1,343	890	- -	- -	509	745

Multiples (USD)

Valuation Multiples API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Price/Free Cash Flow	- -	- -	18.3	22.3	14.81	19.88	-105.04	20.16	28.63	25.24	28.91	-11.37	6.04	14.07	10.57
EV/EBIT	- -	- -	17.22	15.82	15.09	33.81	97.27	29.04	29	61.18	17.08	15.88	- -	35.77	18.44
Enterprise Value	- -	- -	30,959	26,013	21,958	29,868	30,159	34,562	26,910	37,173	27,876	15,856	12,458	10,867	10,630
Low Price	- -	- -	62.43	57.36	47.59	45.11	47.92	64.54	48.47	47.97	51.35	20.18	13.07	11.03	9.31
EV/Sales	- -	- -	2.61	2.37	1.99	3.56	9.9	3.37	2.57	4.02	2.35	1.43	1.26	1.14	1.11
EV/EBITDA	- -	- -	14.93	13.57	12.64	26.63	79.03	23.9	22.51	42.4	14.68	12.68	76.15	19.29	12.4
Price/Earnings	- -	- -	29.09	20.32	19.53	45.12	107.44	25.44	34.53	76.11	16.2	71.68	- -	- -	25.38
Price/Earnings Average	- -	- -	27.81	22.92	21.76	36.05	95.87	24.51	48.96	67.37	20.67	121.39	- -	- -	23.2
Price/Earnings High	- -	- -	29.31	25.14	24.24	45.3	123.36	28.2	57.81	84.37	25.18	187.81	- -	- -	32.45
Price/Earnings Low	- -	- -	25.78	19.81	18.44	29.28	74.93	20.25	28.21	45.82	14.45	66	- -	- -	14.27
Price/Book Value	- -	- -	5.42	4.66	4.22	7.39	7.35	7.49	6.87	10.22	6.33	2.93	3.48	3.99	3.5
Price/Book Value Average	- -	- -	5.18	5.26	4.71	5.91	6.56	7.21	9.74	9.04	8.08	4.96	4.24	4.71	3.2
Price/Book Value High	- -	- -	5.46	5.77	5.24	7.42	8.44	8.3	11.5	11.33	9.84	7.67	5.5	7.02	4.48
Price/Book Value Low	- -	- -	4.8	4.54	3.99	4.8	5.12	5.96	5.61	6.15	5.65	2.7	3.06	2.89	1.97
Price/Tangible Book Value	- -	- -	25.36	17.07	12.59	-93.32	-216.36	47.4	161.48	-11.72	-10.25	-4.14	-5.48	-5.5	-15.26
Price/Tangible Book Value Average	- -	- -	24.25	19.26	14.03	-74.57	-193.07	45.66	228.99	-10.38	-13.08	-7.01	-6.69	-6.48	-13.95
Price/Tangible Book Value High	- -	- -	25.56	21.12	15.63	-93.7	-248.42	52.53	270.37	-13	-15.93	-10.84	-8.67	-9.65	-19.51
Price/Tangible Book Value Low	- -	- -	22.48	16.64	11.89	-60.57	-150.89	37.72	131.92	-7.06	-9.14	-3.81	-4.83	-3.97	-8.58
Price/Sales	- -	- -	2.56	2.28	1.9	3.31	8.92	3.12	2.24	3.36	1.9	0.77	0.58	0.62	0.67
Price/Sales Average	- -	- -	2.45	2.57	2.12	2.64	7.96	3.01	3.17	2.97	2.42	1.3	0.71	0.74	0.62
Price/Sales High	- -	- -	2.58	2.82	2.36	3.32	10.24	3.46	3.75	3.72	2.95	2.01	0.92	1.1	0.86
Price/Sales Low	- -	- -	2.27	2.22	1.8	2.15	6.22	2.48	1.83	2.02	1.69	0.71	0.51	0.45	0.38
Price/Cash Flow	- -	- -	17.29	20.8	14.17	18.81	-111.67	19.26	26.83	23.64	26	-12.96	5.68	12.75	9.64
Price/Cash Flow Average	- -	- -	16.53	23.46	15.78	15.03	-99.65	18.55	38.04	20.93	33.17	-21.95	6.93	15.03	8.81
Price/Cash Flow High	- -	- -	17.42	25.72	17.58	18.89	-128.21	21.34	44.92	26.21	40.41	-33.96	8.97	22.4	12.32
Price/Cash Flow Low	- -	- -	15.33	20.27	13.38	12.21	-77.88	15.33	21.91	14.23	23.19	-11.93	5	9.22	5.42
Price/Free Cash Flow Average	- -	- -	17.49	25.15	16.5	15.88	-93.73	19.42	40.6	22.34	36.88	-19.25	7.37	16.57	9.66
Price/Free Cash Flow High	- -	- -	18.44	27.58	18.39	19.96	-120.6	22.35	47.93	27.98	44.93	-29.78	9.55	24.71	13.51
Price/Free Cash Flow Low	- -	- -	16.22	21.73	13.99	12.9	-73.26	16.05	23.39	15.2	25.78	-10.47	5.32	10.17	5.94
EV/Sales Average	- -	- -	2.49	2.66	2.21	2.9	8.95	3.25	3.49	3.64	2.87	1.96	1.38	1.25	1.05
EV/Sales High	- -	- -	2.62	2.91	2.45	3.57	11.22	3.71	4.05	4.39	3.4	2.67	1.59	1.62	1.29
EV/Sales Low	- -	- -	2.31	2.31	1.89	2.41	7.21	2.73	2.16	2.68	2.15	1.37	1.19	0.97	0.81
EV/EBITDA Average	- -	- -	14.28	15.24	14.01	21.7	71.39	23.08	30.58	38.31	17.93	17.4	83.91	21.17	11.75
EV/EBITDA High	- -	- -	15.04	16.67	15.54	26.73	89.55	26.31	35.52	46.27	21.2	23.71	96.63	27.26	14.51
EV/EBITDA Low	- -	- -	13.26	13.24	11.97	18.02	57.55	19.36	18.98	28.23	13.41	12.14	71.97	16.37	9.09
EV/EBIT Average	- -	- -	16.47	17.77	16.73	27.55	87.86	28.05	39.4	55.28	20.86	21.79	- -	39.26	17.47
EV/EBIT High	- -	- -	17.34	19.43	18.55	33.94	110.21	31.97	45.77	66.76	24.67	29.7	- -	50.56	21.57
EV/EBIT Low	- -	- -	15.29	15.43	14.29	22.88	70.82	23.52	24.45	40.73	15.6	15.2	- -	30.36	13.52
Last Price	- -	- -	70.44	58.84	50.4	69.5	68.72	81.1	59.33	79.67	57.57	21.92	14.83	15.25	16.56
High Price	- -	- -	70.97	72.78	62.57	69.77	78.9	89.88	99.34	88.32	89.48	57.43	23.44	26.78	21.17
Enterprise Value Average	- -	- -	29,613	29,222	24,344	24,340	27,242	33,379	36,555	33,588	34,042	21,764	13,728	11,925	10,074
Enterprise Value High	- -	- -	31,189	31,958	26,995	29,978	34,173	38,046	42,467	40,563	40,267	29,659	15,809	15,360	12,436
Enterprise Value Low	- -	- -	27,491	25,380	20,796	20,214	21,960	27,990	22,688	24,747	25,460	15,181	11,774	9,221	7,793

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Shares Outstanding	441	440	433	427	414	396	394	397	389	392	388	389	389	390	392
Diluted Weighted Avg Shares	448	447	440	432	422	404	401	400	400	392	392	388	388	393	396
Basic Weighted Avg Shares	439	439	433	425	416	399	395	395	395	390	390	388	388	389	391
Revenue per Share	24.77	26.03	27.47	25.85	26.5	21.03	7.71	25.98	26.53	23.71	30.34	28.6	25.53	24.42	24.58
EBITDA per Share	3.88	4.33	4.79	4.51	4.17	2.81	0.97	3.66	3.02	2.25	4.87	3.23	0.42	1.45	2.19
Operating Income per Share	3.34	3.75	4.16	3.87	3.69	2.21	0.78	3.01	3.16	1.61	4.18	2.58	0.94	1.01	1.55
Basic EPS, GAAP	2.47	2.76	2.42	2.9	2.58	1.54	0.64	3.19	1.72	1.05	3.55	0.31	-2.49	-0.49	0.65
Basic EPS from Cont Ops	2.47	2.76	3.07	2.86	2.59	0.67	0.66	2.2	1.59	0.91	3.12	1.95	-2.62	0.18	0.65
Diluted EPS, GAAP	2.43	2.71	2.38	2.85	2.54	1.52	0.63	3.15	1.7	1.04	3.53	0.31	-2.49	-0.48	0.64
Diluted EPS from Cont Ops	2.43	2.71	3.02	2.82	2.56	0.66	0.65	2.17	1.57	0.91	3.1	1.95	-2.62	0.18	0.64
Dividend per Share	0.76	0.92	1.11	1.33	1.53	1.72	0.46	1.94	1.89	1.94	1.98	1.81	0.78	0.36	0.36
Cash Flow per Share	2.9	3.43	4.07	2.83	3.56	3.69	-0.62	4.21	2.21	3.37	2.21	-1.69	2.61	1.2	1.72
Free Cash Flow per Basic Share	2.83	3.31	3.92	2.68	3.45	3.53	-0.66	4.08	2.1	3.18	2	-1.93	2.45	1.09	1.59
Cash & Equivalents per Share	1.36	1.76	2.25	2.21	2.97	1.42	1.73	1.01	3.52	3.61	3.29	2.1	1.69	1.13	2.14
Book Value per Share	11.63	13.8	13.01	12.62	11.93	9.4	9.35	10.83	8.63	7.8	9.09	7.49	4.26	3.82	4.72
Tangible Book Value per Share	0.29	2.21	2.78	3.45	4	-0.74	-0.32	1.71	0.37	-6.8	-5.62	-5.3	-2.7	-2.77	-1.09