Amgen Inc. Financial Ratios — AMG 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 (%)	17.14	22.81	24.69	21.55	25.77	26.65	7.18	44.48	70.73	76.13	73.16	126.47	135.79	67.55	106.1
Return on Assets (%)	7.98	8.42	8.44	7.63	9.88	10.36	2.51	11.47	12.44	11.84	9.5	10.38	8.28	4.33	8.45
Return on Capital (%)	10.86	12.22	12.16	11.1	13.61	14.17	3.6	17.98	20.81	20.47	16.86	18.9	16.18	10.07	15.6
Return on Invested Capital (%)	9.84	11.24	11.35	10.33	12.7	13.31	3.29	16.87	19.18	19.58	16.01	20.19	11.61	9.13	11.8
Gross Margin (%)	82.62	81.47	82.08	77.96	80.49	81.9	82.19	82.73	81.35	75.77	75.16	75.66	70.02	61.53	67.25
EBITDA Margin (%)	34.48	38.6	38.3	41.28	48.83	51.76	52.2	51.41	50.85	50.11	42.48	49.32	42.45	38.45	38.77
Operating Margin (%)	27.67	32.3	31.41	30.86	39.1	42.6	43.65	43.22	41.41	35.95	29.4	36.34	28.01	21.71	24.71
Incremental Operating Margin (%)	- -	75.16	20.55	23.36	142.53	99.62	- -	32.29	152.99	- -	- -	560.17	- -	- -	54.76
Pretax Margin (%)	26.63	29.01	28.19	27.84	36.83	39.85	42	40.19	39.11	31.99	25.79	27.91	27.86	13.79	24.42
Profit Margin (%)	23.64	25.17	27.21	25.71	32.03	33.59	8.66	35.35	33.57	28.57	22.68	24.89	23.83	12.24	20.98
Net Income to Common Margin (%)	23.64	25.17	27.21	25.71	32.03	33.59	8.66	35.35	33.57	28.57	22.68	24.89	23.83	12.24	20.98
Effective Tax Rate (%)	11.25	13.26	3.49	7.65	13.02	15.73	79.38	12.06	14.18	10.68	12.06	10.81	14.49	11.26	14.09
Dvd Payout Ratio (%)	13.58	25.73	27.85	35.89	34.53	38.82	170.04	41.78	44.75	51.69	68.1	64.04	67.83	118.14	66.45
Sustainable Growth Rate (%)	14.81	16.94	17.82	13.82	16.87	16.3	-5.03	25.9	39.08	36.78	23.34	45.48	43.69	-12.26	35.6

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	21,428	26,529	32,128	30,715	31,429	34,596	35,342	33,929	29,903	32,986	33,309	38,945	64,613	60,099	54,604
ST Debt	84	2,495	2,505	500	2,247	4,403	1,152	4,419	2,953	91	87	1,591	1,443	3,550	4,599
LT Debt	21,344	24,034	29,623	30,215	29,182	30,193	34,190	29,510	26,950	32,895	33,222	37,354	63,170	56,549	50,005
Total Debt/EBITDA	3.99	3.98	4.49	3.71	2.97	2.91	2.96	2.78	2.52	2.59	3.02	3	5.4	4.68	3.83
Net Debt/EBITDA	2.7	3.49	3.96	3.26	2.58	2.64	2.64	2.21	2.01	2.1	2.29	2.41	4.48	3.75	3.19
Total Debt/EBIT	4.97	4.76	5.48	4.96	3.71	3.53	3.54	3.31	3.09	3.61	4.36	4.07	8.18	8.28	6.01
Net Debt/EBIT	3.36	4.17	4.83	4.36	3.22	3.2	3.16	2.63	2.47	2.92	3.31	3.27	6.8	6.63	5.01
EBITDA to Interest Expense	8.81	6.33	7	7.73	9.66	9.44	9.15	8.77	9.22	10.1	9.22	9.23	4.16	4.07	5.17
EBITDA-CapEx/Interest Expense	7.88	5.65	6.32	6.8	9.07	8.78	8.64	8.24	8.74	9.61	8.49	8.57	3.78	3.73	4.5
EBIT to Interest Expense	7.07	5.3	5.74	5.78	7.74	7.77	7.65	7.37	7.51	7.24	6.38	6.8	2.75	2.3	3.3
Interest Expense	610	1,053	1,022	1,071	1,095	1,260	1,304	1,392	1,289	1,262	1,197	1,406	2,875	3,155	2,755
Common Equity/Total Assets	38.94	35.1	33.42	37.35	39.3	38.49	31.57	18.82	16.2	14.95	10.95	5.62	6.41	6.4	9.56
Long-Term Debt/Equity (%)	112.17	126.1	134.06	117.21	103.91	101.06	135.45	236.08	278.61	349.61	495.85	1,020.32	1,013.64	962.21	577.56
Long-Term Debt/Capital (%)	52.76	52.72	54.63	53.48	49.04	46.83	56.43	63.56	68.1	77.59	83.04	87.67	89.17	85.71	79.04
Long-Term Debt/Total Assets (%)	43.67	44.26	44.8	43.78	40.84	38.9	42.76	44.43	45.14	52.26	54.32	57.36	65.02	61.57	55.2
Total Debt/Equity (%)	112.61	139.19	145.4	119.15	111.91	115.8	140.02	271.43	309.14	350.58	497.15	1,063.78	1,036.79	1,022.61	630.68
Total Debt/Capital (%)	52.96	58.19	59.25	54.37	52.81	53.66	58.34	73.08	75.56	77.81	83.25	91.41	91.2	91.09	86.31
Total Debt/Total Assets (%)	43.85	48.86	48.59	44.51	43.99	44.57	44.2	51.09	50.08	52.4	54.46	59.8	66.51	65.44	60.28
Net Debt to Equity	76.1	122.1	128.18	104.68	97.16	104.95	124.96	215.87	246.73	283.98	377.91	855.39	861.18	818.89	525.24
Net Debt/Capital (%)	43.22	54.97	56.18	51.14	49.28	51.21	55.55	68.34	71.16	73.96	79.08	89.53	89.6	89.12	84.01
EBITDA	5,372	6,665	7,153	8,283	10,578	11,899	11,928	12,209	11,880	12,740	11,037	12,983	11,968	12,850	14,247
EBITDA-CapEx	4,805	5,951	6,460	7,280	9,929	11,062	11,264	11,471	11,262	12,132	10,157	12,047	10,856	11,754	12,389
Operating Income (Loss)	4,312	5,577	5,867	6,191	8,470	9,794	9,973	10,263	9,674	9,139	7,639	9,566	7,897	7,258	9,080

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	3.59	2.94	2.44	3.86	3.62	3.4	4.62	2.17	0.69	0.91	0.66	0.59	0.6	0.52	0.36
Current Ratio	4.8	3.81	3.44	4.95	4.45	4.11	5.49	2.79	1.44	1.81	1.59	1.41	1.65	1.26	1.14
Quick Ratio	4.09	3.24	2.78	4.22	3.97	3.68	4.98	2.44	1.01	1.3	1.14	1	1.03	0.81	0.73
CFO/Avg Current Liab	0.83	0.84	0.78	1.2	1.24	1.04	1.11	1	0.7	0.86	0.78	0.7	0.5	0.55	0.41
Common Equity/Total Assets	38.94	35.1	33.42	37.35	39.3	38.49	31.57	18.82	16.2	14.95	10.95	5.62	6.41	6.4	9.56
Long-Term Debt/Equity (%)	112.17	126.1	134.06	117.21	103.91	101.06	135.45	236.08	278.61	349.61	495.85	1,020.32	1,013.64	962.21	577.56
Long-Term Debt/Capital (%)	52.76	52.72	54.63	53.48	49.04	46.83	56.43	63.56	68.1	77.59	83.04	87.67	89.17	85.71	79.04
Long-Term Debt/Total Assets (%)	43.67	44.26	44.8	43.78	40.84	38.9	42.76	44.43	45.14	52.26	54.32	57.36	65.02	61.57	55.2
Total Debt/Equity (%)	112.61	139.19	145.4	119.15	111.91	115.8	140.02	271.43	309.14	350.58	497.15	1,063.78	1,036.79	1,022.61	630.68
Total Debt/Capital (%)	52.96	58.19	59.25	54.37	52.81	53.66	58.34	73.08	75.56	77.81	83.25	91.41	91.2	91.09	86.31
Total Debt/Total Assets (%)	43.85	48.86	48.59	44.51	43.99	44.57	44.2	51.09	50.08	52.4	54.46	59.8	66.51	65.44	60.28
CFO/Total Liabilities	17.15	16.69	14.29	20.71	22.44	21.68	20.43	20.95	18.29	19.61	17	15.82	9.32	13.37	12.15
CFO/CapEx	9.03	8.24	9.08	8.93	14.99	12.37	16.83	15.31	14.81	17.26	10.52	10.39	7.62	10.48	5.36
Altman's Z-Score	- -	- -	- -	- -	3.54	3.2	3.11	2.72	2.97	2.64	2.21	2.14	1.69	1.55	2.02

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	5.96	6.38	7.16	7.65	7.82	7.46	7.14	6.97	6.12	5.92	5.52	5.03	4.39	4.76	4.49
Days Sales Outstanding	61.27	57.23	50.96	47.69	46.68	48.9	51.13	52.39	59.66	61.6	66.17	72.51	83.07	76.72	81.2
Inventory Turnover	1.2	1.22	1.16	1.56	1.66	1.61	1.46	1.42	1.34	1.65	1.62	1.42	1.17	1.56	1.82
Days Inventory Outstanding	303.67	298.25	314.33	233.84	219.41	227.14	250.23	256.95	273.33	221.55	225.62	256.86	312.01	234.42	200.48
Accounts Payable Turnover	4.67	4.47	4.28	4.55	4.1	4.75	3.67	3.29	3.88	4.63	4.77	4.94	8.25	5.91	5.27
Accounts Payable Turnover Days	78.18	81.62	85.28	80.3	89.09	76.8	99.59	111.01	94.1	78.78	76.52	73.96	44.26	61.75	69.26
Cash Conversion Cycle	286.76	273.86	280.01	201.23	177.01	199.23	201.77	198.33	238.89	204.38	215.28	255.41	350.82	249.38	212.42
Inventory to Cash Days	-242.41	-241.02	-263.37	-186.15	-172.73	-178.24	-199.09	-204.56	-213.67	-159.95	-159.45	-184.35	-228.94	-157.7	-119.28
Inventories	2,484	2,744	3,019	2,647	2,435	2,745	2,834	2,940	3,584	3,893	4,086	4,930	9,518	6,998	6,225
Raw Materials	158	192	217	198	201	225	232	257	358	486	647	828	993	818	915
Work In Process	1,802	1,723	2,064	1,551	1,529	1,608	1,668	1,660	2,227	2,437	2,367	3,098	5,747	4,120	3,425
Finished Goods	524	829	738	898	705	912	934	1,023	999	970	1,072	1,004	2,778	2,060	1,885
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	- -	- -	- -	- -	123,633	108,640	126,795	119,463	142,931	131,512	126,846	140,462	152,600	140,260	176,625
- Cash & Cash Equivalents	6,946	3,257	3,805	3,731	4,144	3,241	3,800	6,945	6,037	6,266	7,989	7,629	10,944	11,973	9,129
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	21,428	26,529	32,128	30,715	31,429	34,596	35,342	33,929	29,903	32,986	33,309	38,945	64,613	60,099	54,604
Enterprise Value	- -	- -	- -	- -	123,680	105,151	120,459	124,088	163,923	153,851	152,118	170,102	206,269	188,386	222,100
Total Capital	40,457	45,589	54,224	56,493	59,512	64,471	60,583	46,429	39,576	42,395	40,009	42,606	70,845	65,976	63,262
Total Debt/Capital (%)	52.96	58.19	59.25	54.37	52.81	53.66	58.34	73.08	75.56	77.81	83.25	91.41	91.2	91.09	86.31
Total Debt / EV	- -	- -	- -	- -	0.25	0.33	0.29	0.27	0.18	0.21	0.22	0.23	0.31	0.32	0.25
EV/Sales	- -	- -	- -	- -	5.71	4.57	5.27	5.23	7.02	6.05	5.86	6.46	7.32	5.64	6.04
EV/EBITDA	- -	- -	- -	- -	11.69	8.84	10.1	10.16	13.8	12.08	13.78	13.1	17.24	14.66	15.59
EV/EBIT	- -	- -	- -	- -	14.6	10.74	12.08	12.09	16.94	16.83	19.91	17.78	26.12	25.96	24.46
EV/Cash Flow to Firm	- -	- -	- -	- -	11.58	9.21	10.52	9.91	15.98	13.24	14.75	15.5	18.87	13.18	18.02
EV/Free Cash Flow to Firm	- -	- -	- -	- -	12.33	9.94	11.17	10.53	17.01	13.97	16.13	16.94	21.01	14.28	21.22
Diluted Market Cap	- -	- -	- -	- -	125,601	110,996	129,042	126,180	147,185	134,173	130,186	142,303	153,341	141,304	177,674
Diluted Enterprise Value	- -	- -	- -	- -	125,648	107,507	122,706	130,805	168,177	156,512	155,458	171,943	207,010	189,430	223,149
EV per Share	- -	- -	- -	- -	164.03	142.48	166.79	197.09	277.18	266.04	272.47	318.54	385.26	350.81	412.21
TTM Sales	15,582	17,265	18,676	20,063	21,662	22,991	22,849	23,747	23,362	25,424	25,979	26,323	28,190	33,424	36,751
TTM EBITDA	5,372	6,665	7,153	8,283	10,578	11,899	11,928	12,209	11,880	12,740	11,037	12,983	11,968	12,850	14,247
TTM Operating Income	4,312	5,577	5,867	6,191	8,470	9,794	9,973	10,263	9,674	9,139	7,639	9,566	7,897	7,258	9,080
TTM Cash Flow to Firm	5,660	6,795	7,277	9,941	10,683	11,416	11,446	12,520	10,256	11,624	10,314	10,975	10,929	14,290	12,325
TTM Free Cash Flow to Firm	5,093	6,081	6,584	8,938	10,034	10,579	10,782	11,782	9,638	11,016	9,434	10,039	9,817	13,194	10,467

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	- -	- -	- -	- -	13.83	11.66	12.27	11.95	17.25	13.57	15.53	16.2	20.84	13.59	21.94
EV/EBIT	- -	- -	- -	- -	14.6	10.74	12.08	12.09	16.94	16.83	19.91	17.78	26.12	25.96	24.46
Enterprise Value	- -	- -	- -	- -	123,680	105,151	120,459	124,088	163,923	153,851	152,118	170,102	206,269	188,386	222,100
Low Price	- -	- -	- -	- -	130.84	130.06	144.65	165.86	166.46	180.88	199.57	213.1	212.62	257.83	256.55
EV/Sales	- -	- -	- -	- -	5.71	4.57	5.27	5.23	7.02	6.05	5.86	6.46	7.32	5.64	6.04
EV/EBITDA	- -	- -	- -	- -	11.69	8.84	10.1	10.16	13.8	12.08	13.78	13.1	17.24	14.66	15.59
Price/Earnings	- -	- -	- -	- -	17.91	14.26	64.85	14.94	18.65	18.35	21.98	21.6	22.7	34.29	22.87
Price/Earnings Average	- -	- -	- -	- -	17.24	15.07	62.82	14.79	15.05	18.65	22.33	20.15	19.83	39.73	20.64
Price/Earnings High	- -	- -	- -	- -	19.24	17	70.09	16.65	18.82	21.42	24.99	24.21	22.87	44.35	24.1
Price/Earnings Low	- -	- -	- -	- -	14.29	12.6	53.43	13.06	12.84	14.59	19.3	17.5	16.93	33.85	17.9
Price/Book Value	- -	- -	- -	- -	4.4	3.64	5.02	9.56	14.78	13.98	18.93	38.37	24.49	23.87	20.4
Price/Book Value Average	- -	- -	- -	- -	4.24	3.84	4.87	9.46	11.93	14.21	19.24	35.8	21.39	27.65	18.41
Price/Book Value High	- -	- -	- -	- -	4.73	4.34	5.43	10.65	14.91	16.32	21.53	43.01	24.67	30.86	21.5
Price/Book Value Low	- -	- -	- -	- -	3.51	3.21	4.14	8.35	10.18	11.12	16.63	31.08	18.27	23.56	15.97
Price/Tangible Book Value	- -	- -	- -	- -	74.7	22.42	67.77	-12.39	-5.85	-6.01	-5.43	-5.03	-3.39	-3.47	-5.47
Price/Tangible Book Value Average	- -	- -	- -	- -	71.92	23.7	65.65	-12.26	-4.72	-6.11	-5.51	-4.69	-2.96	-4.02	-4.93
Price/Tangible Book Value High	- -	- -	- -	- -	80.26	26.74	73.24	-13.81	-5.9	-7.02	-6.17	-5.63	-3.41	-4.48	-5.76
Price/Tangible Book Value Low	- -	- -	- -	- -	59.61	19.81	55.83	-10.83	-4.03	-4.78	-4.77	-4.07	-2.53	-3.42	-4.28
Price/Sales	- -	- -	- -	- -	5.74	4.79	5.62	5.28	6.26	5.24	4.98	5.38	5.41	4.2	4.8
Price/Sales Average	- -	- -	- -	- -	5.52	5.06	5.44	5.23	5.05	5.33	5.07	5.02	4.73	4.86	4.33
Price/Sales High	- -	- -	- -	- -	6.16	5.71	6.07	5.89	6.32	6.12	5.67	6.03	5.45	5.43	5.06
Price/Sales Low	- -	- -	- -	- -	4.58	4.23	4.63	4.62	4.31	4.17	4.38	4.36	4.04	4.14	3.76
Price/Cash Flow	- -	- -	- -	- -	12.77	10.63	11.48	11.1	15.98	12.7	13.98	14.56	18	12.21	17.71
Price/Cash Flow Average	- -	- -	- -	- -	12.3	11.24	11.12	10.99	12.9	12.9	14.21	13.58	15.72	14.14	15.98
Price/Cash Flow High	- -	- -	- -	- -	13.72	12.68	12.41	12.37	16.13	14.82	15.9	16.32	18.13	15.79	18.66
Price/Cash Flow Low	- -	- -	- -	- -	10.19	9.4	9.46	9.71	11.01	10.1	12.28	11.79	13.43	12.05	13.86
Price/Free Cash Flow Average	- -	- -	- -	- -	13.31	12.33	11.89	11.83	13.92	13.79	15.78	15.11	18.2	15.75	19.79
Price/Free Cash Flow High	- -	- -	- -	- -	14.86	13.91	13.27	13.32	17.41	15.84	17.66	18.16	20.99	17.58	23.12
Price/Free Cash Flow Low	- -	- -	- -	- -	11.04	10.3	10.11	10.45	11.88	10.79	13.64	13.12	15.54	13.42	17.17
EV/Sales Average	- -	- -	- -	- -	5.5	4.84	5.1	5.17	5.84	6.14	5.93	6.11	6.63	6.3	5.57
EV/Sales High	- -	- -	- -	- -	6.13	5.48	5.72	5.8	7.07	6.92	6.52	7.11	7.36	6.87	6.3
EV/Sales Low	- -	- -	- -	- -	4.56	4.02	4.29	4.59	5.11	4.99	5.26	5.45	5.94	5.58	5
EV/EBITDA Average	- -	- -	- -	- -	11.26	9.36	9.77	10.06	11.48	12.25	13.97	12.38	15.62	16.39	14.38
EV/EBITDA High	- -	- -	- -	- -	12.56	10.59	10.96	11.28	13.91	13.81	15.36	14.41	17.33	17.86	16.26
EV/EBITDA Low	- -	- -	- -	- -	9.33	7.77	8.23	8.93	10.05	9.96	12.38	11.05	14	14.52	12.89
EV/EBIT Average	- -	- -	- -	- -	14.06	11.37	11.68	11.97	14.09	17.07	20.18	16.8	23.68	29.02	22.56
EV/EBIT High	- -	- -	- -	- -	15.69	12.87	13.11	13.42	17.08	19.25	22.19	19.56	26.26	31.62	25.51
EV/EBIT Low	- -	- -	- -	- -	11.65	9.44	9.84	10.63	12.35	13.89	17.89	14.99	21.21	25.71	20.23
Last Price	- -	- -	- -	- -	163.97	147.21	175.57	189.74	241.68	227.41	227.2	263.04	285.02	261.19	327.81
High Price	- -	- -	- -	- -	176.17	175.54	189.75	211.46	243.89	265.54	258.34	294.89	287.1	337.75	345.45
Enterprise Value Average	- -	- -	- -	- -	119,070	111,360	116,497	122,857	136,350	156,006	154,160	160,703	186,974	210,624	204,864
Enterprise Value High	- -	- -	- -	- -	132,879	126,057	130,702	137,760	165,230	175,903	169,501	187,114	207,385	229,498	231,602
Enterprise Value Low	- -	- -	- -	- -	98,699	92,492	98,128	109,051	119,434	126,940	136,692	143,436	167,505	186,578	183,702

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	796	756	755	760	754	738	722	630	591	578	558	534	535	537	539
Diluted Weighted Avg Shares	912	787	765	770	766	754	735	665	609	590	573	541	538	541	542
Basic Weighted Avg Shares	905	775	753	759	758	748	731	661	605	586	570	538	535	537	538
Revenue per Share	17.22	22.28	24.8	26.43	28.58	30.74	31.26	35.93	38.61	43.39	45.58	48.93	52.69	62.24	68.31
EBITDA per Share	5.94	8.6	9.5	10.91	13.96	15.91	16.32	18.47	19.64	21.74	19.36	24.13	22.37	23.93	26.48
Operating Income per Share	4.76	7.2	7.79	8.16	11.17	13.09	13.64	15.53	15.99	15.6	13.4	17.78	14.76	13.52	16.88
Basic EPS, GAAP	4.07	5.61	6.75	6.8	9.15	10.32	2.71	12.7	12.96	12.4	10.34	12.18	12.56	7.62	14.33
Basic EPS from Cont Ops	4.07	5.61	6.75	6.8	9.15	10.32	2.71	12.7	12.96	12.4	10.34	12.18	12.56	7.62	14.33
Diluted EPS, GAAP	4.04	5.52	6.64	6.7	9.06	10.24	2.69	12.62	12.88	12.31	10.28	12.11	12.49	7.56	14.23
Diluted EPS from Cont Ops	4.04	5.52	6.64	6.7	9.06	10.24	2.69	12.62	12.88	12.31	10.28	12.11	12.49	7.56	14.23
Dividend per Share	0.55	1.44	1.88	2.44	3.16	4.01	4.6	5.31	5.8	6.41	7.04	7.8	8.52	9	9.52
Cash Flow per Share	5.66	7.59	8.35	11.79	12.84	13.84	15.29	17.09	15.12	17.91	16.25	18.07	15.83	21.4	18.51
Free Cash Flow per Basic Share	5.03	6.67	7.43	10.47	11.98	12.72	14.38	15.97	14.1	16.88	14.7	16.33	13.76	19.36	15.06
Cash & Equivalents per Share	25.94	31.81	25.71	35.54	41.62	51.61	57.71	46.54	15.07	18.41	14.4	17.43	20.44	22.3	16.94
Book Value per Share	23.92	25.2	29.28	33.9	37.25	40.48	34.95	19.85	16.36	16.27	12	6.86	11.64	10.94	16.07
Tangible Book Value per Share	5.9	3.21	-8.13	-2.24	2.19	6.57	2.59	-15.31	-41.33	-37.81	-41.86	-52.34	-84.12	-75.34	-59.94