Bath & Body Works, Inc. Financial Ratios — 0JSC 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	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Return on Common Equity (%)	105.39	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Assets (%)	13.54	12.42	13.66	14.2	15.69	13.9	12.05	7.93	-4.02	7.78	15.15	13.89	16.03	15.44	13.06
Return on Capital (%)	26.64	26.3	27.24	26.71	28.8	27.25	25.61	18.69	-1.37	16.34	28.74	25.51	30.14	27.65	23.5
Return on Invested Capital (%)	21.11	23.15	24.23	24.18	25.31	23.62	23.29	17.06	11.77	16.33	25.62	23.77	26.62	24.54	21.73
Gross Margin (%)	39.15	41.94	41.11	41.98	42.82	40.76	39.26	37.01	44.16	48.12	48.91	43.06	43.56	44.26	43.74
EBITDA Margin (%)	15.72	18.76	19.96	20.87	21.8	20.05	18.2	13.8	30.12	33.03	30.09	21.12	20.92	21.19	18.93
Operating Margin (%)	13.11	15.93	16.18	17.05	18.04	15.93	13.68	10.09	19.24	24.93	25.49	18.2	17.3	17.33	15.44
Incremental Operating Margin (%)	9.19	323.16	24.52	30.84	34.14	- -	- -	- -	3.78	54.81	27.97	196.58	69.47	15.57	875
Pretax Margin (%)	11.84	12.25	13.42	14.28	15.91	13.49	10.39	6.47	11.25	17.44	18.05	13.82	13.74	14.07	12.1
Profit Margin (%)	8.2	7.2	8.38	9.1	10.31	9.21	7.78	4.87	-6.77	13.12	16.91	10.58	11.82	10.92	8.9
Net Income to Common Margin (%)	8.2	7.2	8.38	9.1	10.31	9.21	7.78	4.87	-6.77	13.12	16.91	10.58	11.82	10.92	8.9
Effective Tax Rate (%)	30.73	41.22	37.55	36.31	35.21	31.72	25.08	24.85	24.34	22.91	24.46	24.02	14.01	22.37	26.42
Dvd Payout Ratio (%)	134.59	192.43	38.65	66.31	93.46	109.5	69.79	103.42	72.17	9.6	11.16	23.43	20.73	22.18	25.73
Sustainable Growth Rate (%)	-36.45	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

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	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Total Debt	3,538	4,477	4,976	4,722	5,721	5,736	5,794	5,811	9,078	7,481	6,013	6,053	5,573	4,959	4,954
ST Debt	57	- -	215	- -	6	36	87	72	539	173	170	177	181	192	475
LT Debt	3,481	4,477	4,761	4,722	5,715	5,700	5,707	5,739	8,539	7,308	5,843	5,876	5,392	4,767	4,479
Total Debt/EBITDA	2.17	2.28	2.31	1.97	2.16	2.28	2.52	3.18	5.58	3.52	2.53	3.79	3.59	3.2	3.59
Net Debt/EBITDA	1.6	1.89	1.61	1.27	1.2	1.51	1.86	2.41	2.49	1.32	1.21	2.27	2.13	2.07	2.13
Total Debt/EBIT	2.86	2.85	2.85	2.42	2.61	2.86	3.35	4.7	8.73	4.66	2.99	4.4	4.34	3.92	4.4
Net Debt/EBIT	2.1	2.35	1.98	1.56	1.45	1.9	2.48	3.56	3.89	1.74	1.43	2.64	2.57	2.54	2.61
EBITDA to Interest Expense	6.62	6.21	6.85	7.38	7.93	6.4	5.66	4.75	4.4	4.92	6.11	4.59	4.5	4.96	5
EBITDA-CapEx/Interest Expense	6.62	6.21	6.85	7.38	7.93	6.4	5.66	4.75	4.4	4.92	6.11	4.59	4.5	4.96	5
EBIT to Interest Expense	5.52	5.27	5.55	6.03	6.56	5.08	4.26	3.47	2.81	3.71	5.18	3.95	3.72	4.06	4.08
Interest Expense	246	316	314	324	334	394	406	385	370	432	388	348	345	312	276
Common Equity/Total Assets	2.24	-16.86	-5.14	0.24	-3.05	-8.92	-9.24	-10.74	-14.8	-5.72	-25.19	-40.15	-29.78	-28.43	-25.27
Long-Term Debt/Equity (%)	2,522.46	- -	- -	24,852.63	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	94.7	129.28	103.34	99.6	104.61	113.8	113.17	116.03	112.61	107.16	129.96	152.7	136.61	133.31	121.88
Long-Term Debt/Total Assets (%)	56.99	74.38	66.14	63.16	67.29	69.77	70.03	70.94	84.34	63.16	96.96	106.95	98.7	97.84	88.36
Total Debt/Equity (%)	2,563.77	-441.52	-1,348.51	24,852.63	-2,217.44	-789	-771.5	-671.79	-607.22	-1,131.77	-396.37	-274.51	-342.74	-358.57	-387.33
Total Debt/Capital (%)	96.25	129.28	108.01	99.6	104.72	114.51	114.89	117.49	119.72	109.69	133.74	157.3	141.2	138.67	134.8
Total Debt/Total Assets (%)	57.92	74.38	69.13	63.16	67.36	70.21	71.1	71.83	89.66	64.65	99.78	110.17	102.01	101.79	97.73
Net Debt to Equity	1,886.23	-365.29	-936.86	16,005.26	-1,229.84	-522.97	-569.77	-508.44	-270.84	-423.3	-189.52	-164.63	-203.2	-232.1	-229.79
Net Debt/Capital (%)	94.97	137.7	111.95	99.38	108.85	123.64	121.29	124.48	66.55	86.04	114.22	138.76	115.4	110.61	107.97
EBITDA	1,629	1,962	2,150	2,391	2,649	2,521	2,299	1,827	1,628	2,125	2,372	1,597	1,554	1,548	1,380
EBITDA-CapEx	1,629	1,962	2,150	2,391	2,649	2,521	2,299	1,827	1,628	2,125	2,372	1,597	1,554	1,548	1,380
Operating Income (Loss)	1,359	1,666	1,743	1,953	2,192	2,003	1,728	1,336	1,040	1,604	2,009	1,376	1,285	1,266	1,126

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	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Cash Ratio	0.61	0.5	0.83	1	1.36	0.96	0.75	0.71	0.63	1.26	1.53	0.89	0.84	0.55	0.6
Current Ratio	1.55	1.43	1.73	1.91	2.22	1.72	1.62	1.64	1.37	1.97	2.33	1.64	1.64	1.48	1.27
Quick Ratio	0.76	0.63	0.97	1.15	1.5	1.11	0.9	0.9	0.76	1.31	1.72	1.06	1.01	0.71	0.71
CFO/Avg Current Liab	0.84	0.88	0.74	1.02	1.14	1.02	0.7	0.69	0.57	0.78	0.72	0.86	0.72	0.7	0.78
Common Equity/Total Assets	2.24	-16.86	-5.14	0.24	-3.05	-8.92	-9.24	-10.74	-14.8	-5.72	-25.19	-40.15	-29.78	-28.43	-25.27
Long-Term Debt/Equity (%)	2,522.46	- -	- -	24,852.63	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Long-Term Debt/Capital (%)	94.7	129.28	103.34	99.6	104.61	113.8	113.17	116.03	112.61	107.16	129.96	152.7	136.61	133.31	121.88
Long-Term Debt/Total Assets (%)	56.99	74.38	66.14	63.16	67.29	69.77	70.03	70.94	84.34	63.16	96.96	106.95	98.7	97.84	88.36
Total Debt/Equity (%)	2,563.77	-441.52	-1,348.51	24,852.63	-2,217.44	-789	-771.5	-671.79	-607.22	-1,131.77	-396.37	-274.51	-342.74	-358.57	-387.33
Total Debt/Capital (%)	96.25	129.28	108.01	99.6	104.72	114.51	114.89	117.49	119.72	109.69	133.74	157.3	141.2	138.67	134.8
Total Debt/Total Assets (%)	57.92	74.38	69.13	63.16	67.36	70.21	71.1	71.83	89.66	64.65	99.78	110.17	102.01	101.79	97.73
CFO/Total Liabilities	21.21	19.21	16.49	23.95	23.16	22.37	15.8	15.38	10.64	16.67	19.78	14.86	13.46	14.16	17.36
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	- -	- -	- -	- -	3.75	3.19	1.08	1.77	3.81	2.89	3	3.23	2.64

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	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Accounts Receivable Turnover	46.06	49.69	48.2	46.19	47.38	45.31	41.83	39.1	16.06	28.34	40.63	32.45	33.02	34.07	37.88
Days Sales Outstanding	7.92	7.35	7.57	7.9	7.7	8.06	8.73	9.33	22.72	12.88	8.98	11.25	11.05	10.71	9.64
Inventory Turnover	6.22	6.07	5.85	6.04	6.44	6.72	6.57	6.7	2.38	3.59	6.29	6.07	5.91	5.64	5.73
Days Inventory Outstanding	58.71	60.13	62.4	60.44	56.67	54.34	55.56	54.46	153.29	101.64	58.05	60.11	61.76	64.7	63.75
Accounts Payable Turnover	11.56	11.25	11.41	10.75	10.99	10.99	11.17	11.69	4.5	5.29	10.68	9.67	10.05	11.41	10.13
Accounts Payable Turnover Days	31.57	32.45	31.98	33.94	33.23	33.22	32.69	31.23	81.07	69.02	34.19	37.73	36.33	31.98	36.03
Cash Conversion Cycle	35.06	35.03	37.99	34.4	31.14	29.18	31.6	32.56	94.95	45.5	32.85	33.63	36.48	43.43	37.36
Inventory to Cash Days	-50.79	-52.79	-54.82	-52.54	-48.96	-46.29	-46.83	-45.12	-130.57	-88.76	-49.07	-48.86	-50.71	-53.99	-54.12
Inventories	997	1,004	1,165	1,036	1,122	1,096	1,240	1,248	1,287	572	709	709	710	734	699
Raw Materials	71	88	92	94	108	114	119	141	135	162	188	171	152	145	154
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	926	916	1,073	942	1,014	982	1,121	1,107	1,152	410	521	538	558	589	545
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	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Market Capitalization	- -	- -	- -	- -	- -	- -	14,277	7,359	6,373	11,319	14,099	10,378	9,892	8,184	4,390
- Cash & Cash Equivalents	935	773	1,519	1,681	2,548	1,934	1,515	1,413	1,499	3,568	1,979	1,232	1,084	674	953
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	1	1	1	1	1	2	2	4	4	1	1	1	1	2	2
+ Total Debt	3,538	4,477	4,976	4,722	5,721	5,736	5,794	5,811	9,078	7,481	6,013	6,053	5,573	4,959	4,954
Enterprise Value	- -	- -	- -	- -	- -	- -	18,558	11,761	13,956	15,233	18,134	15,200	14,382	12,471	8,393
Total Capital	3,676	3,463	4,607	4,741	5,463	5,009	5,043	4,946	7,583	6,820	4,496	3,848	3,947	3,576	3,675
Total Debt/Capital (%)	96.25	129.28	108.01	99.6	104.72	114.51	114.89	117.49	119.72	109.69	133.74	157.3	141.2	138.67	134.8
Total Debt / EV	- -	- -	- -	- -	- -	- -	0.31	0.49	0.65	0.49	0.33	0.4	0.39	0.4	0.59
EV/Sales	- -	- -	- -	- -	- -	- -	1.47	0.89	2.58	2.37	2.3	2.01	1.94	1.71	1.15
EV/EBITDA	- -	- -	- -	- -	- -	- -	8.07	6.44	8.57	7.17	7.65	9.52	9.25	8.06	6.08
EV/EBIT	- -	- -	- -	- -	- -	- -	10.74	9.51	13.42	9.5	9.03	11.05	11.19	9.85	7.45
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	10.85	7.06	9.21	6.42	10.16	10.79	11.5	11.05	6.43
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	10.85	7.06	9.21	6.42	10.16	10.79	11.5	11.05	6.43
Diluted Market Cap	- -	- -	- -	- -	- -	- -	14,656	7,390	6,396	11,475	15,174	10,560	10,026	8,374	4,565
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	18,937	11,792	13,979	15,389	19,209	15,382	14,516	12,661	8,568
EV per Share	- -	- -	- -	- -	- -	- -	66.28	42.77	50.38	54.79	71.42	66.38	63.65	57.74	41.76
TTM Sales	10,364	10,459	10,773	11,454	12,154	12,574	12,632	13,237	5,405	6,434	7,882	7,560	7,429	7,307	7,291
TTM EBITDA	1,629	1,962	2,150	2,391	2,649	2,521	2,299	1,827	1,628	2,125	2,372	1,597	1,554	1,548	1,380
TTM Operating Income	1,359	1,666	1,743	1,953	2,192	2,003	1,728	1,336	1,040	1,604	2,009	1,376	1,285	1,266	1,126
TTM Cash Flow to Firm	1,436	1,537	1,444	1,992	2,243	2,259	1,710	1,666	1,516	2,372	1,785	1,408	1,251	1,128	1,305
TTM Free Cash Flow to Firm	1,436	1,537	1,444	1,992	2,243	2,259	1,710	1,666	1,516	2,372	1,785	1,408	1,251	1,128	1,305

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	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	10.42	5.37	5.17	5.63	10.17	9.23	10.51	9.45	4.14
EV/EBIT	- -	- -	- -	- -	- -	- -	10.74	9.51	13.42	9.5	9.03	11.05	11.19	9.85	7.45
Enterprise Value	- -	- -	- -	- -	- -	- -	18,558	11,761	13,956	15,233	18,134	15,200	14,382	12,471	8,393
Low Price	- -	- -	- -	- -	- -	- -	40	24.52	15.59	9.85	41.14	26.09	27.22	26.28	14.37
EV/Sales	- -	- -	- -	- -	- -	- -	1.47	0.89	2.58	2.37	2.3	2.01	1.94	1.71	1.15
EV/EBITDA	- -	- -	- -	- -	- -	- -	8.07	6.44	8.57	7.17	7.65	9.52	9.25	8.06	6.08
Price/Earnings	- -	- -	- -	- -	- -	- -	14.89	11.48	- -	13.6	11.37	12.97	11.27	10.26	6.76
Price/Earnings Average	- -	- -	- -	- -	- -	- -	14.77	15.99	- -	9.2	13.51	11.73	9.51	10.47	8.62
Price/Earnings High	- -	- -	- -	- -	- -	- -	15.54	21.87	- -	15.81	16.59	17.76	12.69	14.42	12.97
Price/Earnings Low	- -	- -	- -	- -	- -	- -	11.68	10.51	- -	3.29	8.43	7.47	7	7.11	4.45
Price/Book Value	- -	- -	- -	- -	- -	- -	-18.96	-8.47	-4.25	-17.1	-9.29	-4.7	-6.08	-5.91	-3.43
Price/Book Value Average	- -	- -	- -	- -	- -	- -	-18.81	-11.8	-4.16	-11.57	-11.03	-4.25	-5.13	-6.03	-4.36
Price/Book Value High	- -	- -	- -	- -	- -	- -	-19.78	-16.14	-5.24	-19.88	-13.55	-6.44	-6.85	-8.31	-6.57
Price/Book Value Low	- -	- -	- -	- -	- -	- -	-14.87	-7.76	-2.88	-4.14	-6.88	-2.71	-3.78	-4.1	-2.25
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	-5.68	-2.8	-2.51	-7.78	-6.1	-3.46	-4.09	-3.76	-2.12
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	-5.64	-3.9	-2.45	-5.26	-7.25	-3.13	-3.45	-3.84	-2.7
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	-5.93	-5.34	-3.09	-9.05	-8.9	-4.74	-4.6	-5.28	-4.06
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	-4.46	-2.57	-1.7	-1.88	-4.52	-1.99	-2.54	-2.61	-1.39
Price/Sales	- -	- -	- -	- -	- -	- -	1.16	0.56	1.17	1.78	1.92	1.37	1.33	1.12	0.6
Price/Sales Average	- -	- -	- -	- -	- -	- -	1.15	0.78	1.15	1.21	2.28	1.24	1.12	1.14	0.77
Price/Sales High	- -	- -	- -	- -	- -	- -	1.21	1.06	1.45	2.07	2.81	1.88	1.5	1.57	1.15
Price/Sales Low	- -	- -	- -	- -	- -	- -	0.91	0.51	0.8	0.43	1.43	0.79	0.83	0.78	0.4
Price/Cash Flow	- -	- -	- -	- -	- -	- -	10.41	5.37	5.14	5.63	10.16	9.07	10.37	9.24	3.98
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	10.33	7.48	5.02	3.81	12.07	8.2	8.75	9.43	5.07
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	10.86	10.23	6.33	6.55	14.82	12.42	11.68	12.99	7.64
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	8.17	4.92	3.48	1.36	7.53	5.22	6.45	6.41	2.62
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	10.34	7.48	5.06	3.81	12.08	8.35	8.87	9.65	5.28
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	10.88	10.23	6.37	6.55	14.83	12.64	11.84	13.29	7.94
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	8.18	4.92	3.51	1.36	7.53	5.31	6.53	6.55	2.72
EV/Sales Average	- -	- -	- -	- -	- -	- -	1.46	1.11	2.56	1.8	2.64	1.88	1.73	1.73	1.32
EV/Sales High	- -	- -	- -	- -	- -	- -	1.52	1.39	2.85	2.65	3.12	2.52	2.1	2.16	1.7
EV/Sales Low	- -	- -	- -	- -	- -	- -	1.23	0.84	2.2	1.03	1.84	1.43	1.43	1.36	0.95
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	8.02	8.02	8.48	5.45	8.76	8.89	8.26	8.17	6.95
EV/EBITDA High	- -	- -	- -	- -	- -	- -	8.34	10.08	9.48	8.04	10.37	11.92	10.06	10.2	9
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	6.73	6.1	7.31	3.13	6.1	6.76	6.85	6.44	4.99
EV/EBIT Average	- -	- -	- -	- -	- -	- -	10.67	11.85	13.28	7.22	10.34	10.32	9.99	9.98	8.52
EV/EBIT High	- -	- -	- -	- -	- -	- -	11.1	14.89	14.84	10.65	12.25	13.83	12.16	12.48	11.03
EV/EBIT Low	- -	- -	- -	- -	- -	- -	8.96	9.01	11.44	4.15	7.21	7.85	8.28	7.87	6.12
Last Price	- -	- -	- -	- -	- -	- -	50.99	26.76	23.01	40.72	55.53	45.32	43.78	37.89	21.84
High Price	- -	- -	- -	- -	- -	- -	53.2	50.99	28.33	47.35	81	62.05	49.31	53.28	41.87
Enterprise Value Average	- -	- -	- -	- -	- -	- -	18,443	14,657	13,812	11,574	20,779	14,205	12,842	12,640	9,594
Enterprise Value High	- -	- -	- -	- -	- -	- -	19,177	18,424	15,430	17,077	24,601	19,031	15,632	15,795	12,419
Enterprise Value Low	- -	- -	- -	- -	- -	- -	15,481	11,145	11,901	6,652	14,481	10,796	10,640	9,962	6,890

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	01/31/2012	01/31/2013	01/31/2014	01/31/2015	01/31/2016	01/31/2017	01/31/2018	01/31/2019	01/31/2020	01/31/2021	01/31/2022	01/31/2023	01/31/2024	01/31/2025	01/31/2026

Shares Outstanding	295	289	291	292	290	286	280	275	277	278	254	229	226	216	201
Diluted Weighted Avg Shares	314	297	296	298	297	291	287	276	278	282	273	233	229	221	209
Basic Weighted Avg Shares	295	297	296	292	290	286	287	276	276	282	273	229	226	216	201
Revenue per Share	35.13	35.24	36.39	39.23	41.91	43.97	44	47.93	19.58	22.83	28.87	33.01	32.88	33.83	36.27
EBITDA per Share	5.52	6.61	7.26	8.19	9.13	8.81	8.01	6.62	5.9	7.54	8.69	6.97	6.88	7.17	6.87
Operating Income per Share	4.61	5.61	5.89	6.69	7.56	7	6.02	4.84	3.77	5.69	7.36	6.01	5.69	5.86	5.6
Basic EPS, GAAP	2.88	2.54	3.05	3.57	4.32	4.05	3.42	2.33	-1.33	2.99	4.88	3.49	3.89	3.69	3.23
Basic EPS from Cont Ops	2.88	2.54	3.05	3.57	4.32	4.05	3.42	2.33	1.67	3.07	3.94	3.47	3.89	3.69	3.23
Diluted EPS, GAAP	2.7	2.54	3.05	3.5	4.22	3.98	3.42	2.33	-1.32	2.99	4.88	3.43	3.83	3.61	3.11
Diluted EPS from Cont Ops	2.7	2.54	3.05	3.5	4.22	3.98	3.42	2.33	1.65	3.07	3.93	3.41	3.83	3.61	3.11
Dividend per Share	3.88	4.88	1.18	2.37	4.04	4.43	2.39	2.41	1.2	0.29	0.44	0.81	0.81	0.82	0.83
Cash Flow per Share	4.29	4.55	4.22	6.12	6.99	6.96	4.9	4.99	4.48	7.23	5.46	5	4.22	4.1	5.48
Free Cash Flow per Basic Share	4.29	4.55	4.22	6.12	6.99	6.96	4.9	4.99	4.48	7.23	5.46	5	4.22	4.1	5.48
Cash & Equivalents per Share	3.17	2.67	5.22	5.76	8.79	6.76	5.41	5.14	5.41	12.83	7.79	5.38	4.8	3.12	4.74
Book Value per Share	0.46	-3.51	-1.27	0.06	-0.89	-2.55	-2.69	-3.16	-5.41	-2.38	-5.98	-9.63	-7.2	-6.41	-6.37
Tangible Book Value per Share	-5.72	-9.5	-7.21	-5.86	-6.86	-8.7	-8.97	-9.56	-9.16	-5.23	-9.1	-13.1	-10.71	-10.08	-10.32