Hilton Worldwide Holdings Inc. Financial Ratios — HLT 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 (%)	- -	16.89	12.45	14.77	26.15	5.69	28.58	68.24	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	1.29	1.55	2.55	5.43	1.3	5.36	5.41	6.09	-4.51	2.55	8.11	7.38	9.62	8.75
Return on Capital (%)	- -	3.83	4.43	6.18	- -	2.16	- -	12.69	14.17	- -	7.35	17.71	17.68	25.32	23.71
Return on Invested Capital (%)	- -	3.77	4.14	5.96	- -	-0.19	- -	12.7	14.34	- -	7.79	17.54	18.78	26.07	24.29
Gross Margin (%)	22.49	23.33	25.2	26.59	23.95	25.67	24.14	25.28	25.76	13.54	28.59	30.75	28.63	27.41	28.2
EBITDA Margin (%)	17.52	17.79	17.51	21.91	22.32	23.43	18.05	19.73	21.19	-2.02	20.7	25.72	23.18	22.52	23.84
Operating Margin (%)	11.33	12.44	11.32	15.93	10.33	13.08	13.92	16.08	16.67	-2.76	17.57	23.87	22.11	21.17	22.37
Incremental Operating Margin (%)	58.46	32.25	- -	74.45	27.78	- -	17.49	38.71	26.37	32.94	76.7	36.08	11.56	10.86	37.92
Pretax Margin (%)	2.23	6.18	7.17	10.92	7.47	8.21	9.26	12.1	13.16	-21.45	9.68	19.77	16.53	15.96	17.21
Profit Margin (%)	2.88	3.79	4.26	6.41	19.68	5.14	13.33	8.58	9.32	-16.6	7.08	14.31	11.15	13.74	12.1
Net Income to Common Margin (%)	2.88	3.79	4.26	6.41	19.68	5.14	13.33	8.58	9.32	-16.6	7.08	14.31	11.15	13.74	12.1
Effective Tax Rate (%)	- -	37.35	34.1	40.54	- -	103.15	- -	28.66	28.78	- -	27.32	27.51	31.97	13.68	29.49
Dvd Payout Ratio (%)	- -	- -	- -	- -	15.45	-27,700	17.82	23.39	19.3	-5.79	- -	9.77	13.61	9.72	9.76
Sustainable Growth Rate (%)	- -	16.89	12.45	14.77	22.11	1,581.35	23.48	52.29	- -	- -	- -	- -	- -	- -	- -

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	16,792	15,995	12,723	11,692	10,453	6,616	6,602	7,282	9,163	11,628	9,776	9,691	10,120	11,886	13,093
ST Debt	384	407	52	137	204	33	46	16	170	226	194	151	155	535	25
LT Debt	16,408	15,588	12,671	11,555	10,249	6,583	6,556	7,266	8,993	11,402	9,582	9,540	9,965	11,351	13,068
Total Debt/EBITDA	10.91	9.69	7.46	5.08	6.57	4.29	4.5	4.14	4.57	-133.66	8.16	4.3	4.27	4.72	4.56
Net Debt/EBITDA	10.4	9.24	7.11	4.84	6.18	3.6	4.11	3.8	3.6	-80.66	5.95	3.34	3.54	3.91	3.99
Total Debt/EBIT	17.22	14.54	11.55	6.99	11.61	7.62	5.83	5.09	5.53	-27.82	9.68	4.63	4.55	5.02	4.86
Net Debt/EBIT	16.42	13.85	11.01	6.65	10.94	6.4	5.33	4.66	4.35	-16.79	7.06	3.6	3.77	4.16	4.25
EBITDA to Interest Expense	2.39	2.9	2.75	3.72	4.22	4.61	4.18	4.74	4.84	-0.2	3.02	5.44	5.11	4.42	4.63
EBITDA-CapEx/Interest Expense	2.31	2.85	2.68	3.62	4.12	4.45	3.97	4.74	4.84	-0.2	3.02	5.44	5.11	4.42	4.63
EBIT to Interest Expense	1.55	2.03	1.78	2.71	1.95	2.57	3.23	3.86	3.81	-0.28	2.56	5.05	4.88	4.16	4.34
Interest Expense	643	569	620	618	377	334	351	371	414	429	397	415	464	569	620
Common Equity/Total Assets	6.84	8.5	16.43	18.19	23.36	22.51	11.86	3.94	-3.22	-8.89	-5.32	-7.1	-15.32	-22.56	-32.12
Long-Term Debt/Equity (%)	964.04	723.34	296.33	245.12	172.22	112.55	387.7	1,302.15	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	88.72	85.88	74.54	70.43	62.48	52.81	79.05	92.68	103.47	112.42	106.98	111.02	128.2	138.48	168.68
Long-Term Debt/Total Assets (%)	60.08	57.59	47.7	44.23	40	25.12	46.08	51.92	60.13	68.05	62.06	61.5	64.7	68.7	77.91
Total Debt/Equity (%)	986.6	742.23	297.54	248.03	175.65	113.11	390.42	1,305.02	-1,941.31	-782.5	-1,193.65	-882.6	-431.19	-322.2	-244.91
Total Debt/Capital (%)	90.8	88.13	74.85	71.27	63.72	53.08	79.61	92.88	105.43	114.65	109.14	112.78	130.19	145	169.01
Total Debt/Total Assets (%)	61.48	59.1	47.9	44.75	40.8	25.24	46.4	52.03	61.26	69.4	63.31	62.47	65.71	71.94	78.06
Net Debt to Equity	940.72	707.19	283.65	236.02	165.42	94.96	356.71	1,195.34	-1,527.54	-472.21	-870.7	-686.52	-357.73	-267.01	-214.09
Net Debt/Capital (%)	90.39	87.61	73.93	70.24	62.32	48.71	78.1	89.69	88.43	101.34	94.7	102.09	120.41	142.84	167.59
EBITDA	1,539	1,650	1,705	2,301	1,592	1,541	1,468	1,757	2,003	-87	1,198	2,256	2,372	2,516	2,870
EBITDA-CapEx	1,486	1,619	1,661	2,236	1,555	1,486	1,393	1,757	2,003	-87	1,198	2,256	2,372	2,516	2,870
Operating Income (Loss)	995	1,154	1,102	1,673	737	860	1,132	1,432	1,576	-119	1,017	2,094	2,263	2,365	2,693

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	0.35	0.32	0.28	0.25	0.25	0.4	0.23	0.15	0.19	1.32	0.47	0.36	0.21	0.28	0.2
Current Ratio	1.37	1.2	1.11	1.11	1.06	1.33	0.82	0.76	0.73	1.73	0.95	0.85	0.7	0.7	0.66
Quick Ratio	0.69	0.68	0.71	0.74	0.7	0.68	0.65	0.59	0.63	1.64	0.83	0.75	0.61	0.61	0.58
CFO/Avg Current Liab	- -	0.49	0.94	0.59	0.62	0.51	0.33	0.49	0.5	0.27	0.04	0.53	0.55	0.48	0.46
Common Equity/Total Assets	6.84	8.5	16.43	18.19	23.36	22.51	11.86	3.94	-3.22	-8.89	-5.32	-7.1	-15.32	-22.56	-32.12
Long-Term Debt/Equity (%)	964.04	723.34	296.33	245.12	172.22	112.55	387.7	1,302.15	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	88.72	85.88	74.54	70.43	62.48	52.81	79.05	92.68	103.47	112.42	106.98	111.02	128.2	138.48	168.68
Long-Term Debt/Total Assets (%)	60.08	57.59	47.7	44.23	40	25.12	46.08	51.92	60.13	68.05	62.06	61.5	64.7	68.7	77.91
Total Debt/Equity (%)	986.6	742.23	297.54	248.03	175.65	113.11	390.42	1,305.02	-1,941.31	-782.5	-1,193.65	-882.6	-431.19	-322.2	-244.91
Total Debt/Capital (%)	90.8	88.13	74.85	71.27	63.72	53.08	79.61	92.88	105.43	114.65	109.14	112.78	130.19	145	169.01
Total Debt/Total Assets (%)	61.48	59.1	47.9	44.75	40.8	25.24	46.4	52.03	61.26	69.4	63.31	62.47	65.71	71.94	78.06
CFO/Total Liabilities	4.56	4.46	9.43	6.1	7.35	6.43	6.77	9.34	8.97	3.88	0.67	10.12	10.96	9.96	9.62
CFO/CapEx	22.02	35.81	47.75	20.11	39.08	23.82	11.32	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	1.06	1.47	1.03	1.19	1.77	2.4	2.65	0.44	1.63	2.92	4.02	4.4	5.2

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	- -	13.67	13.18	12.62	8.01	8.06	9.24	8.27	7.84	4.24	6.29	7.33	7.27	7.28	7.36
Days Sales Outstanding	- -	26.7	27.69	28.92	45.59	45.26	39.5	44.16	46.55	86.1	57.99	49.82	50.18	50.14	49.62
Inventory Turnover	- -	14.71	17.96	19.27	12.83	9.95	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	24.81	20.33	18.94	28.46	36.7	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	24.05	24.01	24.98	17.34	15.46	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	15.18	15.2	14.61	21.05	23.6	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	36.34	32.81	33.24	53.01	58.36	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	1.88	7.36	9.98	17.13	8.56	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	552	415	396	404	442	541	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	552	415	396	404	442	541	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	- -	- -	21,908	25,689	21,132	26,874	25,349	21,168	30,942	30,885	43,535	33,847	46,158	59,765	66,192
- Cash & Cash Equivalents	781	755	594	566	609	1,062	570	403	538	3,218	1,427	1,209	800	1,301	918
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	-166	-146	-87	-38	-34	-50	3	7	10	4	2	4	13	38	42
+ Total Debt	16,792	15,995	12,723	11,692	10,453	6,616	6,602	7,282	9,163	11,628	9,776	9,691	10,120	11,886	13,093
Enterprise Value	- -	- -	33,950	36,777	30,942	32,378	31,384	28,054	39,577	39,299	51,886	42,333	55,491	70,388	78,409
Total Capital	18,494	18,150	16,999	16,406	16,404	12,465	8,293	7,840	8,691	10,142	8,957	8,593	7,773	8,197	7,747
Total Debt/Capital (%)	90.8	88.13	74.85	71.27	63.72	53.08	79.61	92.88	105.43	114.65	109.14	112.78	130.19	145	169.01
Total Debt / EV	- -	- -	0.37	0.32	0.34	0.2	0.21	0.26	0.23	0.3	0.19	0.23	0.18	0.17	0.17
EV/Sales	- -	- -	3.49	3.5	4.34	4.92	3.86	3.15	4.19	9.12	8.96	4.83	5.42	6.3	6.51
EV/EBITDA	- -	- -	19.91	15.98	19.44	21.01	21.38	15.97	19.76	- -	43.31	18.76	23.39	27.98	27.32
EV/EBIT	- -	- -	30.81	21.98	34.38	37.3	27.72	19.59	23.88	- -	51.37	20.22	24.94	29.7	29.12
EV/Cash Flow to Firm	- -	- -	13.53	21.96	- -	24.92	- -	18.46	23.57	- -	130.52	21.36	24.54	28.11	30.55
EV/Free Cash Flow to Firm	- -	- -	13.77	22.85	- -	26.02	- -	18.46	23.57	- -	130.52	21.36	24.54	28.11	30.55
Diluted Market Cap	- -	- -	20,519	25,725	21,165	26,931	26,114	21,899	32,164	31,042	43,833	35,002	48,072	61,790	68,366
Diluted Enterprise Value	- -	- -	32,561	36,813	30,975	32,435	32,149	28,785	40,799	39,456	52,184	43,488	57,405	72,413	80,583
EV per Share	- -	- -	103.44	112.05	94	98.31	98.87	95.16	141.86	141.57	185.91	158.04	218.91	291.09	340.27
TTM Sales	8,783	9,276	9,735	10,502	7,133	6,576	8,131	8,906	9,452	4,307	5,788	8,773	10,235	11,174	12,039
TTM EBITDA	1,539	1,650	1,705	2,301	1,592	1,541	1,468	1,757	2,003	-87	1,198	2,256	2,372	2,516	2,870
TTM Operating Income	995	1,154	1,102	1,673	737	860	1,132	1,432	1,576	-119	1,017	2,094	2,263	2,365	2,693
TTM Cash Flow to Firm	- -	1,466	2,510	1,674	- -	1,299	- -	1,520	1,679	- -	398	1,982	2,262	2,504	2,566
TTM Free Cash Flow to Firm	- -	1,435	2,466	1,609	- -	1,244	- -	1,520	1,679	- -	398	1,982	2,262	2,504	2,566

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	- -	- -	9.98	20.71	15.02	21.46	33.74	17.45	23.24	43.84	402.14	20.82	24.7	30.7	32.11
EV/EBIT	- -	- -	30.81	21.98	34.38	37.3	27.72	19.59	23.88	- -	51.37	20.22	24.94	29.7	29.12
Enterprise Value	- -	- -	33,950	36,777	30,942	32,378	31,384	28,054	39,577	39,299	51,886	42,333	55,491	70,388	78,409
Low Price	- -	- -	63.45	61.65	62.73	48.48	55	63.76	67.18	44.3	98.57	108.41	124.5	178.23	196.04
EV/Sales	- -	- -	3.49	3.5	4.34	4.92	3.86	3.15	4.19	9.12	8.96	4.83	5.42	6.3	6.51
EV/EBITDA	- -	- -	19.91	15.98	19.44	21.01	21.38	15.97	19.76	- -	43.31	18.76	23.39	27.98	27.32
Price/Earnings	- -	- -	49.44	38.19	15.03	79.44	23.87	28.38	36.13	- -	106.15	27.69	41.81	39.93	46.53
Price/Earnings Average	- -	- -	48.46	34.42	18.64	65.56	19.3	31.07	29.72	- -	87.02	29.78	34.31	34.91	41.75
Price/Earnings High	- -	- -	57.67	38.83	22.19	81.63	24.77	34.83	36.74	- -	106.82	36.81	42.14	41.85	47.77
Price/Earnings Low	- -	- -	47	30.08	14.68	47.19	16.44	25.2	21.88	- -	67.08	23.76	28.59	28.8	31.75
Price/Book Value	- -	- -	5.02	5.41	3.53	4.56	15.02	38.42	-64.2	-20.73	-53.03	-30.71	-19.56	-16.04	-12.29
Price/Book Value Average	- -	- -	4.92	4.87	4.38	3.76	12.15	42.06	-52.8	-16.5	-43.47	-33.04	-16.05	-14.02	-11.02
Price/Book Value High	- -	- -	5.86	5.5	5.21	4.68	15.58	47.14	-65.28	-21.75	-53.36	-40.83	-19.71	-16.8	-12.61
Price/Book Value Low	- -	- -	4.77	4.26	3.45	2.71	10.34	34.12	-38.88	-8.25	-33.51	-26.35	-13.37	-11.56	-8.38
Price/Tangible Book Value	- -	- -	-2.41	-3.08	-3.22	-4.82	-2.59	-1.97	-2.64	-2.49	-3.71	-2.82	-3.42	-3.94	-3.86
Price/Tangible Book Value Average	- -	- -	-2.37	-2.78	-4	-3.98	-2.1	-2.15	-2.17	-1.98	-3.04	-3.03	-2.81	-3.44	-3.46
Price/Tangible Book Value High	- -	- -	-2.82	-3.13	-4.76	-4.95	-2.69	-2.41	-2.69	-2.61	-3.74	-3.74	-3.45	-4.13	-3.96
Price/Tangible Book Value Low	- -	- -	-2.3	-2.42	-3.15	-2.86	-1.79	-1.75	-1.6	-0.99	-2.35	-2.42	-2.34	-2.84	-2.63
Price/Sales	- -	- -	2.11	2.45	2.96	4.08	3.18	2.43	3.37	7.16	7.52	3.96	4.66	5.49	5.63
Price/Sales Average	- -	- -	2.07	2.21	3.67	3.37	2.57	2.67	2.77	5.69	6.16	4.26	3.82	4.8	5.05
Price/Sales High	- -	- -	2.46	2.49	4.37	4.2	3.3	2.99	3.42	7.51	7.57	5.27	4.7	5.75	5.78
Price/Sales Low	- -	- -	2	1.93	2.89	2.43	2.19	2.16	2.04	2.85	4.75	3.4	3.19	3.96	3.84
Price/Cash Flow	- -	- -	9.77	19.66	14.59	20.5	30.48	17.28	23	43.53	399.28	20.67	24.52	30.45	31.84
Price/Cash Flow Average	- -	- -	9.57	17.72	18.1	16.91	24.65	18.92	18.92	34.64	327.31	22.24	20.12	26.62	28.57
Price/Cash Flow High	- -	- -	11.39	19.99	21.55	21.06	31.62	21.2	23.39	45.67	401.79	27.48	24.71	31.91	32.69
Price/Cash Flow Low	- -	- -	9.28	15.49	14.26	12.18	20.99	15.34	13.93	17.33	252.3	17.74	16.76	21.96	21.73
Price/Free Cash Flow Average	- -	- -	9.78	18.67	18.63	17.71	27.29	19.1	19.11	34.89	329.66	22.4	20.27	26.84	28.81
Price/Free Cash Flow High	- -	- -	11.63	21.06	22.18	22.05	35.01	21.41	23.63	46	404.67	27.68	24.9	32.17	32.97
Price/Free Cash Flow Low	- -	- -	9.48	16.31	14.68	12.75	23.24	15.5	14.08	17.46	254.11	17.86	16.89	22.13	21.92
EV/Sales Average	- -	- -	3.44	3.26	5.05	4.21	3.26	3.38	3.61	7.66	7.61	5.12	4.61	5.63	5.95
EV/Sales High	- -	- -	3.86	3.54	5.75	5.04	3.98	3.69	4.24	9.48	9.01	6.1	5.46	6.56	6.66
EV/Sales Low	- -	- -	3.38	2.98	4.27	3.26	2.89	2.88	2.9	4.81	6.2	4.28	4	4.81	4.77
EV/EBITDA Average	- -	- -	19.66	14.88	22.63	17.96	18.08	17.11	17.02	- -	36.76	19.9	19.9	24.99	24.95
EV/EBITDA High	- -	- -	22.05	16.17	25.76	21.49	22.03	18.7	20.02	- -	43.54	23.71	23.55	29.11	27.94
EV/EBITDA Low	- -	- -	19.28	13.61	19.13	13.93	16	14.62	13.67	- -	29.93	16.63	17.24	21.35	20
EV/EBIT Average	- -	- -	30.41	20.47	40.02	31.89	23.44	20.99	20.57	- -	43.6	21.44	21.22	26.53	26.59
EV/EBIT High	- -	- -	34.11	22.24	45.57	38.16	28.57	22.95	24.2	- -	51.64	25.54	25.1	30.91	29.77
EV/EBIT Low	- -	- -	29.82	18.72	33.84	24.74	20.75	17.94	16.52	- -	35.51	17.92	18.38	22.67	21.31
Last Price	- -	- -	66.75	78.27	64.2	81.6	79.86	71.8	110.91	111.26	155.99	126.36	182.09	247.16	287.25
High Price	- -	- -	77.85	79.59	94.8	83.85	82.86	88.11	112.79	116.73	156.97	167.99	183.51	259.01	294.92
Enterprise Value Average	- -	- -	33,513	34,246	36,020	27,683	26,536	30,060	34,085	32,994	44,040	44,893	47,209	62,874	71,608
Enterprise Value High	- -	- -	37,593	37,210	41,014	33,119	32,336	32,862	40,102	40,817	52,160	53,484	55,851	73,253	80,176
Enterprise Value Low	- -	- -	32,867	31,322	30,458	21,470	23,493	25,683	27,377	20,711	35,861	37,525	40,891	53,720	57,391

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	328	328	328	328	329	329	317	295	279	278	279	268	253	242	230
Diluted Weighted Avg Shares	307	307	307	329	330	330	327	305	290	279	281	277	264	250	238
Basic Weighted Avg Shares	307	307	307	328	329	329	324	302	287	277	279	275	262	248	236
Revenue per Share	28.61	30.22	31.67	31.99	21.7	19.99	25.1	29.49	32.93	15.55	20.75	31.9	39.06	45.06	51.01
EBITDA per Share	5.01	5.37	5.55	7.01	4.84	4.68	4.53	5.82	6.98	-0.31	4.29	8.2	9.05	10.15	12.16
Operating Income per Share	3.24	3.76	3.58	5.1	2.24	2.61	3.49	4.74	5.49	-0.43	3.65	7.61	8.64	9.54	11.41
Basic EPS, GAAP	0.82	1.15	1.35	2.05	4.27	1.03	3.35	2.53	3.07	-2.58	1.47	4.56	4.35	6.19	6.17
Basic EPS from Cont Ops	0.83	1.17	1.5	2.08	2.68	-0.05	3.36	2.55	3.09	-2.6	1.46	4.57	4.39	6.21	6.19
Diluted EPS, GAAP	0.82	1.15	1.35	2.05	4.26	1.02	3.31	2.5	3.04	-2.56	1.46	4.53	4.32	6.14	6.12
Diluted EPS from Cont Ops	0.83	1.17	1.5	2.08	2.67	-0.05	3.33	2.52	3.06	-2.58	1.45	4.54	4.36	6.16	6.14
Dividend per Share	- -	- -	- -	- -	0.42	0.84	0.6	0.6	0.6	0.15	- -	0.45	0.6	0.6	0.61
Cash Flow per Share	3.8	3.62	6.83	3.98	4.4	3.98	2.62	4.16	4.82	2.56	0.39	6.11	7.43	8.12	9.02
Free Cash Flow per Basic Share	3.63	3.51	6.69	3.78	4.29	3.81	2.39	4.16	4.82	2.56	0.39	6.11	7.43	8.12	9.02
Cash & Equivalents per Share	2.38	2.3	1.81	1.72	1.85	3.22	1.8	1.37	1.93	11.59	5.11	4.51	3.16	5.38	3.98
Book Value per Share	5.69	7.01	13.29	14.48	18.18	17.91	5.32	1.87	-1.73	-5.37	-2.94	-4.11	-9.31	-15.41	-23.38
Tangible Book Value per Share	-35.9	-34.34	-27.64	-25.43	-19.92	-16.93	-30.8	-36.51	-42.01	-44.7	-42.02	-44.88	-53.24	-62.78	-74.51