Alphabet Inc. Financial Ratios — 1GOOGL 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 (%)	18.66	16.54	16.01	14.79	14.58	15.02	8.69	18.62	18.12	19	32.07	23.62	27.36	32.91	35.7
Return on Assets (%)	14.93	12.91	12.44	11.77	11.82	12.37	6.94	14.29	13.5	13.52	22.4	16.55	19.23	23.48	25.28
Return on Capital (%)	17.46	15.49	15.08	14.1	14.01	14.58	8.49	18.24	17.26	17.3	28.84	21.3	24.84	30.36	32.19
Return on Invested Capital (%)	16.56	15.86	15.11	12.96	13.73	14.24	8.13	14.35	14.91	14.79	24.88	22.2	24.22	28.24	25.98
Gross Margin (%)	65.21	62.69	60.39	61.07	62.44	61.08	58.88	56.48	55.58	53.58	56.94	55.38	56.63	58.2	59.65
EBITDA Margin (%)	35.86	36.48	34.84	32.54	32.57	33.08	29.85	26.72	28.43	30.09	35.38	31.23	31.31	36.48	37.28
Operating Margin (%)	32.3	30.05	27.74	24.99	25.82	26.27	26.08	23.82	22.2	22.59	30.55	26.46	27.42	32.11	32.03
Incremental Operating Margin (%)	21.68	19.57	16.55	10.43	31.86	28.5	25.25	14.18	13.31	25.62	49.91	- -	38.48	65.92	31.52
Pretax Margin (%)	32.52	31.43	28.64	26.15	26.21	26.75	24.53	25.52	24.48	26.34	35.22	25.22	27.89	34.23	39.43
Profit Margin (%)	25.69	23.32	22.93	21.42	21.8	21.58	11.42	22.46	21.22	22.06	29.51	21.2	24.01	28.6	32.81
Net Income to Common Margin (%)	25.69	23.32	22.93	21.42	21.8	21.58	11.42	22.46	21.22	22.06	29.51	21.2	24.01	28.6	32.81
Effective Tax Rate (%)	21	20.15	17.23	21.08	16.81	19.35	53.44	11.96	13.33	16.25	16.2	15.92	13.91	16.44	16.78
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7.35	7.6
Sustainable Growth Rate (%)	18.66	16.54	16.01	14.79	14.58	15.02	8.69	18.62	18.12	19	32.07	23.62	27.36	30.49	32.99

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	4,204	5,488	5,245	5,238	5,220	3,935	3,969	4,012	15,967	26,772	28,395	29,679	27,121	25,461	59,291
ST Debt	1,218	2,500	3,009	2,010	3,225	- -	- -	- -	1,199	1,694	2,189	2,477	2,791	2,887	- -
LT Debt	2,986	2,988	2,236	3,228	1,995	3,935	3,969	4,012	14,768	25,078	26,206	27,202	24,330	22,574	59,291
Total Debt/EBITDA	0.31	0.33	0.27	0.24	0.21	0.13	0.12	0.11	0.35	0.49	0.31	0.34	0.28	0.2	0.39
Net Debt/EBITDA	-0.43	-0.5	-0.65	-0.54	-0.47	-0.3	-0.2	-0.35	-0.3	-0.25	-0.09	-0.1	-0.13	-0.1	0.11
Total Debt/EBIT	0.36	0.4	0.34	0.32	0.27	0.17	0.15	0.15	0.47	0.65	0.36	0.4	0.32	0.23	0.46
Net Debt/EBIT	-0.49	-0.6	-0.82	-0.7	-0.6	-0.38	-0.26	-0.46	-0.41	-0.33	-0.1	-0.12	-0.14	-0.11	0.12
EBITDA to Interest Expense	234.36	197.6	238.79	212.62	234.84	240.81	303.61	320.69	460.12	406.82	263.45	247.39	312.46	476.5	204.04
EBITDA-CapEx/Interest Expense	142.33	34.76	130.07	55.18	136.89	150.5	180.02	87.1	199.49	241.78	192.24	159.19	207.75	280.47	79.79
EBIT to Interest Expense	211.07	162.75	190.16	163.33	186.15	191.26	265.27	285.92	359.28	305.36	227.5	209.64	273.68	419.37	175.32
Interest Expense	58	85	81	101	104	124	109	114	100	135	346	357	308	268	736
Common Equity/Total Assets	80.12	76.46	78.71	80.4	81.6	83.01	77.3	76.3	73.01	69.63	70.04	70.13	70.42	72.2	69.76
Long-Term Debt/Equity (%)	5.14	4.17	2.56	3.11	1.66	2.83	2.6	2.26	7.33	11.27	10.41	10.62	8.59	6.94	14.28
Long-Term Debt/Capital (%)	4.79	3.87	2.42	2.96	1.59	2.75	2.54	2.21	6.79	10.06	9.36	9.52	7.84	6.44	12.49
Long-Term Debt/Total Assets (%)	4.11	3.19	2.02	2.5	1.35	2.35	2.01	1.72	5.35	7.85	7.29	7.45	6.05	5.01	9.96
Total Debt/Equity (%)	7.23	7.65	6.01	5.04	4.34	2.83	2.6	2.26	7.93	12.03	11.28	11.59	9.57	7.83	14.28
Total Debt/Capital (%)	6.74	7.11	5.67	4.8	4.16	2.75	2.54	2.21	7.34	10.74	10.14	10.38	8.73	7.26	12.49
Total Debt/Total Assets (%)	5.79	5.85	4.73	4.05	3.54	2.35	2.01	1.72	5.79	8.38	7.9	8.13	6.74	5.65	9.96
Net Debt to Equity	-9.94	-11.66	-14.48	-11.16	-9.6	-6.46	-4.44	-7.18	-6.92	-6.13	-3.22	-3.52	-4.3	-3.87	3.81
Net Debt/Capital (%)	-11.04	-13.2	-16.87	-12.53	-10.6	-6.91	-4.65	-7.73	-7.01	-6.12	-3.13	-3.42	-4.25	-3.85	3.57
EBITDA	13,593	16,796	19,342	21,475	24,423	29,860	33,093	36,559	46,012	54,921	91,155	88,317	96,239	127,701	150,175
EBITDA-CapEx	8,255	2,955	10,536	5,573	14,237	18,662	19,622	9,929	19,949	32,640	66,515	56,832	63,988	75,166	58,728
Operating Income (Loss)	12,242	13,834	15,403	16,496	19,360	23,716	28,914	32,595	35,928	41,224	78,714	74,842	84,293	112,390	129,039

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	5.01	3.29	3.61	3.73	3.78	5.15	4.21	3.15	2.65	2.41	2.17	1.64	1.36	1.07	1.23
Current Ratio	5.92	4.22	4.58	4.69	4.67	6.29	5.14	3.92	3.37	3.07	2.93	2.38	2.1	1.84	2.01
Quick Ratio	5.7	3.89	4.2	4.38	4.5	6	4.99	3.76	3.25	2.96	2.79	2.22	1.94	1.66	1.85
CFO/Avg Current Liab	1.54	1.43	1.23	1.41	1.47	2	1.81	1.63	1.37	1.28	1.51	1.37	1.35	1.47	1.72
Common Equity/Total Assets	80.12	76.46	78.71	80.4	81.6	83.01	77.3	76.3	73.01	69.63	70.04	70.13	70.42	72.2	69.76
Long-Term Debt/Equity (%)	5.14	4.17	2.56	3.11	1.66	2.83	2.6	2.26	7.33	11.27	10.41	10.62	8.59	6.94	14.28
Long-Term Debt/Capital (%)	4.79	3.87	2.42	2.96	1.59	2.75	2.54	2.21	6.79	10.06	9.36	9.52	7.84	6.44	12.49
Long-Term Debt/Total Assets (%)	4.11	3.19	2.02	2.5	1.35	2.35	2.01	1.72	5.35	7.85	7.29	7.45	6.05	5.01	9.96
Total Debt/Equity (%)	7.23	7.65	6.01	5.04	4.34	2.83	2.6	2.26	7.93	12.03	11.28	11.59	9.57	7.83	14.28
Total Debt/Capital (%)	6.74	7.11	5.67	4.8	4.16	2.75	2.54	2.21	7.34	10.74	10.14	10.38	8.73	7.26	12.49
Total Debt/Total Assets (%)	5.79	5.85	4.73	4.05	3.54	2.35	2.01	1.72	5.79	8.38	7.9	8.13	6.74	5.65	9.96
CFO/Total Liabilities	100.94	75.26	79.03	90.91	97.94	126.62	82.81	86.96	73.21	67.09	85.15	83.85	85.49	100.1	91.5
CFO/CapEx	2.73	1.2	2.12	1.45	2.61	3.22	2.75	1.8	2.09	2.92	3.72	2.91	3.15	2.39	1.8
Altman's Z-Score	- -	- -	- -	- -	- -	- -	12.74	10.5	9.81	9.54	13.54	8.85	11.28	13.87	15.06

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	7.83	6.92	6.62	7.23	7.16	7.03	6.83	6.99	7.01	6.49	7.34	7.11	6.97	6.98	6.99
Days Sales Outstanding	46.6	52.77	55.12	50.5	50.96	51.94	53.46	52.25	52.05	56.25	49.75	51.34	52.38	52.3	52.2
Inventory Turnover	- -	63.61	47.25	- -	- -	92.59	89.64	64.17	68.28	98.13	116.9	65.73	- -	- -	- -
Days Inventory Outstanding	- -	5.74	7.73	- -	- -	3.94	4.07	5.69	5.35	3.72	3.12	5.55	- -	- -	- -
Accounts Payable Turnover	- -	13.57	9.82	- -	- -	17.58	17.79	15.94	14.45	15.15	19.16	22.88	- -	- -	- -
Accounts Payable Turnover Days	- -	26.89	37.18	- -	- -	20.76	20.51	22.89	25.27	24.09	19.05	15.96	- -	- -	- -
Cash Conversion Cycle	- -	31.62	25.66	- -	- -	35.12	37.02	35.05	32.13	35.87	33.82	40.93	- -	- -	- -
Inventory to Cash Days	- -	47.03	47.39	- -	- -	48	49.39	46.57	46.71	52.53	46.63	45.78	- -	- -	- -
Inventories	35	505	426	- -	491	268	749	1,107	999	728	1,170	2,670	- -	- -	- -
Raw Materials	- -	77	115	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	35	428	311	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	491	268	749	1,107	999	728	1,170	2,670	- -	- -	- -

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	- -	- -	- -	- -	- -	- -	747,610	725,317	913,263	1,169,199	1,927,666	1,112,488	1,711,066	2,318,828	3,767,348
- Cash & Cash Equivalents	9,983	13,849	17,628	16,585	16,549	12,918	10,715	16,701	18,498	26,465	20,945	21,879	24,048	23,466	30,708
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	4,204	5,488	5,245	5,238	5,220	3,935	3,969	4,012	15,967	26,772	28,395	29,679	27,121	25,461	59,291
Enterprise Value	- -	- -	- -	- -	- -	- -	649,708	620,189	809,555	1,059,277	1,816,412	1,028,405	1,627,271	2,248,632	3,699,796
Total Capital	62,349	77,203	92,554	109,098	125,551	142,971	156,471	181,640	217,409	249,316	280,030	285,823	310,500	350,545	474,556
Total Debt/Capital (%)	6.74	7.11	5.67	4.8	4.16	2.75	2.54	2.21	7.34	10.74	10.14	10.38	8.73	7.26	12.49
Total Debt / EV	- -	- -	- -	- -	- -	- -	0.01	0.01	0.02	0.03	0.02	0.03	0.02	0.01	0.02
EV/Sales	- -	- -	- -	- -	- -	- -	5.86	4.53	5	5.8	7.05	3.64	5.29	6.42	9.18
EV/EBITDA	- -	- -	- -	- -	- -	- -	19.63	16.96	17.59	19.29	19.93	11.64	16.91	17.61	24.64
EV/EBIT	- -	- -	- -	- -	- -	- -	24.82	22.53	23.65	25.7	23.08	13.74	19.3	20.01	28.67
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	17.49	12.9	14.83	16.24	19.76	11.2	15.95	17.91	22.38
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	27.45	28.92	28.36	24.66	26.99	17.05	23.33	30.81	50.08
Diluted Market Cap	- -	- -	- -	- -	- -	- -	756,930	733,435	926,824	1,189,642	1,972,947	1,139,329	1,747,045	2,363,644	3,811,604
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	659,028	628,307	823,116	1,079,720	1,861,693	1,055,246	1,663,250	2,293,448	3,744,052
EV per Share	- -	- -	- -	- -	- -	- -	47.21	45.02	59.38	79.21	138.51	80.82	131.88	185.95	309.07
TTM Sales	37,905	46,039	55,519	66,001	74,989	90,272	110,855	136,819	161,857	182,527	257,637	282,836	307,394	350,018	402,836
TTM EBITDA	13,593	16,796	19,342	21,475	24,423	29,860	33,093	36,559	46,012	54,921	91,155	88,317	96,239	127,701	150,175
TTM Operating Income	12,242	13,834	15,403	16,496	19,360	23,716	28,914	32,595	35,928	41,224	78,714	74,842	84,293	112,390	129,039
TTM Cash Flow to Firm	14,611	16,687	18,726	23,104	26,659	36,136	37,142	48,071	54,607	65,237	91,942	91,795	102,011	125,523	165,325
TTM Free Cash Flow to Firm	9,273	2,846	9,920	7,202	16,473	24,938	23,671	21,441	28,544	42,956	67,302	60,310	69,760	72,988	73,878

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	- -	- -	- -	- -	- -	- -	32.05	34.37	32.57	27.77	29.44	18.99	25.14	32.48	52.02
EV/EBIT	- -	- -	- -	- -	- -	- -	24.82	22.53	23.65	25.7	23.08	13.74	19.3	20.01	28.67
Enterprise Value	- -	- -	- -	- -	- -	- -	649,708	620,189	809,555	1,059,277	1,816,412	1,028,405	1,627,271	2,248,632	3,699,796
Low Price	- -	- -	- -	- -	- -	- -	49.3	49.56	50.94	50.37	84.51	84.51	85.77	126.39	132.85
EV/Sales	- -	- -	- -	- -	- -	- -	5.86	4.53	5	5.8	7.05	3.64	5.29	6.42	9.18
EV/EBITDA	- -	- -	- -	- -	- -	- -	19.63	16.96	17.59	19.29	19.93	11.64	16.91	17.61	24.64
Price/Earnings	- -	- -	- -	- -	- -	- -	58.9	23.58	26.76	29.28	25.56	18.86	23.5	23.37	28.57
Price/Earnings Average	- -	- -	- -	- -	- -	- -	56.03	25.2	23.75	24.78	21.57	24.76	20.1	19.93	19.04
Price/Earnings High	- -	- -	- -	- -	- -	- -	59.16	29.07	27.46	31.1	26.23	32.95	24.17	24.52	30.36
Price/Earnings Low	- -	- -	- -	- -	- -	- -	53.44	22.2	20.35	16.87	14.7	18.23	14.54	15.4	12.06
Price/Book Value	- -	- -	- -	- -	- -	- -	4.9	4.08	4.53	5.25	7.66	4.34	6.04	7.13	9.07
Price/Book Value Average	- -	- -	- -	- -	- -	- -	4.66	4.36	4.02	4.45	6.46	5.7	5.16	6.08	6.05
Price/Book Value High	- -	- -	- -	- -	- -	- -	4.92	5.03	4.65	5.58	7.86	7.59	6.21	7.49	9.64
Price/Book Value Low	- -	- -	- -	- -	- -	- -	4.45	3.84	3.45	3.03	4.4	4.2	3.73	4.7	3.83
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	5.62	4.6	5.11	5.85	8.48	4.9	6.73	7.91	9.87
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	5.35	4.92	4.53	4.95	7.16	6.43	5.76	6.75	6.58
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	5.64	5.68	5.24	6.21	8.7	8.56	6.92	8.3	10.48
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	5.1	4.33	3.88	3.37	4.88	4.73	4.16	5.21	4.16
Price/Sales	- -	- -	- -	- -	- -	- -	6.73	5.3	5.68	6.46	7.54	4	5.64	6.68	9.37
Price/Sales Average	- -	- -	- -	- -	- -	- -	6.4	5.66	5.04	5.47	6.37	5.25	4.83	5.7	6.25
Price/Sales High	- -	- -	- -	- -	- -	- -	6.76	6.53	5.83	6.86	7.74	6.99	5.8	7.01	9.96
Price/Sales Low	- -	- -	- -	- -	- -	- -	6.1	4.99	4.32	3.72	4.34	3.87	3.49	4.41	3.96
Price/Cash Flow	- -	- -	- -	- -	- -	- -	20.11	15.11	16.85	18.1	21.21	12.36	17.05	18.67	22.93
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	19.13	16.14	14.96	15.32	17.9	16.23	14.58	15.93	15.28
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	20.2	18.63	17.3	19.23	21.76	21.6	17.53	19.59	24.36
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	18.24	14.22	12.82	10.43	12.19	11.95	10.54	12.31	9.68
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	30.49	36.72	28.9	23.5	24.85	24.93	21.5	27.71	34.68
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	32.19	42.37	33.42	29.5	30.2	33.18	25.86	34.09	55.29
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	29.08	32.35	24.77	16	16.93	18.35	15.55	21.41	21.96
EV/Sales Average	- -	- -	- -	- -	- -	- -	5.53	4.9	4.37	4.82	5.88	4.87	4.49	5.45	6.07
EV/Sales High	- -	- -	- -	- -	- -	- -	5.89	5.77	5.15	6.2	7.24	6.58	5.45	6.75	9.77
EV/Sales Low	- -	- -	- -	- -	- -	- -	5.24	4.22	3.65	3.09	3.87	3.5	3.17	4.17	3.78
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	18.53	18.32	15.36	16.02	16.63	15.59	14.33	14.94	16.27
EV/EBITDA High	- -	- -	- -	- -	- -	- -	19.73	21.58	18.12	20.62	20.47	21.06	17.42	18.51	26.21
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	17.54	15.8	12.84	10.26	10.94	11.22	10.13	11.42	10.14
EV/EBIT Average	- -	- -	- -	- -	- -	- -	23.43	24.34	20.65	21.34	19.25	18.39	16.37	16.98	18.94
EV/EBIT High	- -	- -	- -	- -	- -	- -	24.95	28.67	24.35	27.47	23.71	24.85	19.88	21.03	30.5
EV/EBIT Low	- -	- -	- -	- -	- -	- -	22.17	20.98	17.26	13.67	12.67	13.25	11.56	12.97	11.8
Last Price	- -	- -	- -	- -	- -	- -	54.33	52.65	66.99	87.43	146.99	87.43	138.67	191.76	314.71
High Price	- -	- -	- -	- -	- -	- -	54.57	64.91	68.75	92.89	150.79	152.78	142.62	201.24	334.45
Enterprise Value Average	- -	- -	- -	- -	- -	- -	613,330	669,879	706,770	879,683	1,515,471	1,376,701	1,379,533	1,907,867	2,443,491
Enterprise Value High	- -	- -	- -	- -	- -	- -	653,060	789,103	833,522	1,132,326	1,866,253	1,859,913	1,676,016	2,363,309	3,936,121
Enterprise Value Low	- -	- -	- -	- -	- -	- -	580,479	577,580	590,794	563,706	997,030	991,285	974,592	1,458,203	1,522,724

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	12,857	13,059	13,290	13,490	13,614	13,692	13,761	13,776	13,633	13,374	13,114	12,724	12,339	12,093	11,971
Diluted Weighted Avg Shares	12,949	13,151	26,816	13,608	13,724	13,852	13,933	13,930	13,836	13,607	13,422	13,031	12,599	12,326	12,111
Basic Weighted Avg Shares	12,774	12,949	26,344	13,388	13,563	13,622	13,727	13,767	13,718	13,484	13,224	12,936	12,508	12,200	11,999
Revenue per Share	2.97	3.56	2.11	4.93	5.53	6.63	8.08	9.94	11.8	13.54	19.48	21.86	24.58	28.69	33.57
EBITDA per Share	1.06	1.3	0.73	1.6	1.8	2.19	2.41	2.66	3.35	4.07	6.89	6.83	7.69	10.47	12.52
Operating Income per Share	0.96	1.07	0.58	1.23	1.43	1.74	2.11	2.37	2.62	3.06	5.95	5.79	6.74	9.21	10.75
Basic EPS, GAAP	0.76	0.83	0.48	1.06	1.21	1.43	0.92	2.23	2.5	2.99	5.75	4.64	5.9	8.21	11.02
Basic EPS from Cont Ops	0.76	0.89	0.5	1.02	1.21	1.43	0.92	2.23	2.5	2.99	5.75	4.64	5.9	8.21	11.02
Diluted EPS, GAAP	0.75	0.82	0.47	1.04	1.19	1.41	0.91	2.21	2.48	2.96	5.66	4.6	5.86	8.12	10.91
Diluted EPS from Cont Ops	0.75	0.88	0.49	1	1.19	1.41	0.91	2.21	2.48	2.96	5.66	4.6	5.86	8.12	10.91
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.6	0.84
Cash Flow per Share	1.14	1.28	0.71	1.72	1.96	2.65	2.7	3.48	3.97	4.83	6.93	7.07	8.13	10.27	13.73
Free Cash Flow per Basic Share	0.72	0.21	0.37	0.53	1.21	1.82	1.72	1.55	2.07	3.18	5.07	4.64	5.56	5.96	6.11
Cash & Equivalents per Share	3.47	3.61	4.32	4.64	5.37	6.31	7.4	7.92	8.78	10.22	10.65	8.94	8.99	7.91	10.6
Book Value per Share	4.52	5.49	6.57	7.7	8.84	10.15	11.08	12.89	14.78	16.64	19.19	20.13	22.97	26.88	34.69
Tangible Book Value per Share	3.83	4.11	5.25	6.2	7.39	8.71	9.67	11.43	13.12	14.95	17.33	17.85	20.6	24.25	31.9