McCormick & Company, Incorporated Financial Ratios — MKC.V

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Return on Common Equity (%)	24.49	24.83	21.52	23.51	23.2	28.65	22.81	32.57	21.25	20.28	18.12	15	13.97	15.23	14.32
Return on Assets (%)	9.97	9.88	9.03	9.88	9.04	10.37	6.36	9.04	6.82	6.66	6.04	5.24	5.24	6.08	6.01
Return on Capital (%)	15.75	15.6	14.14	15.12	14.28	16.66	10.27	- -	10.68	10.23	9.19	8.07	8.56	9.79	9.55
Return on Invested Capital (%)	14.72	14.81	13.34	14.18	13.09	15.42	9.78	- -	9.89	9.58	8.5	6.9	7.65	8.65	8.52
Gross Margin (%)	41.18	40.3	40.4	40.78	40.44	41.52	37.93	39.48	40.12	41.07	39.48	35.82	37.56	38.54	37.9
EBITDA Margin (%)	17.27	16.97	15.92	16.63	15.23	16.99	17.44	19.65	20.88	20.79	19.02	16.76	17.45	18.88	19.04
Operating Margin (%)	14.61	14.41	13.96	14.33	14.2	14.89	16.13	17.54	18.3	18.19	17.26	14.45	15.37	15.91	15.96
Incremental Operating Margin (%)	8.45	12	- -	27.3	3.2	40.63	33.28	29.19	108.97	15.87	10.01	- -	34.26	74.15	18.95
Pretax Margin (%)	13.29	13.11	12.11	13.07	11.55	13.36	12.57	13.98	15.32	15.74	14.18	12.8	11.99	13.36	13.35
Profit Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Net Income to Common Margin (%)	10.12	10.16	9.43	10.32	9.35	10.71	10.09	17.6	13.14	13.34	11.95	10.74	10.22	11.73	11.54
Effective Tax Rate (%)	29.02	26.57	26.75	26.32	26.46	25.97	25.44	- -	19.21	19.84	21.51	20.74	21.85	20.48	21.45
Dvd Payout Ratio (%)	39.68	40.39	46.25	43.94	51.02	46.11	49.77	29.29	43.01	44.17	48.1	58.17	61.49	57.2	61.19
Sustainable Growth Rate (%)	14.77	14.8	11.57	13.18	11.36	15.44	11.46	23.03	12.11	11.32	9.4	6.28	5.38	6.52	5.56

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
ST Debt	222	393	214	271	343	393	583	644	698	1,151	1,309	1,507	1,072	748	891
LT Debt	1,030	779	1,019	1,014	1,051	1,054	4,444	4,053	3,626	3,857	4,079	3,818	3,520	3,760	3,274
Total Debt/EBITDA	1.96	1.72	1.88	1.82	2.13	1.93	6.09	4.51	3.87	4.3	4.49	5	3.95	3.55	3.2
Net Debt/EBITDA	1.88	1.6	1.78	1.71	1.96	1.77	5.87	4.42	3.73	3.85	4.1	4.53	3.65	3.27	3
Total Debt/EBIT	2.32	2.03	2.24	2.13	2.54	2.26	7.18	5.27	4.52	5.01	5.31	6.17	4.77	4.25	3.89
Net Debt/EBIT	2.22	1.89	2.13	2	2.34	2.07	6.92	5.16	4.35	4.48	4.86	5.58	4.41	3.92	3.64
EBITDA to Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBITDA-CapEx/Interest Expense	12.47	12.47	12.32	14.2	12.28	13.39	8.62	5.97	6.76	8.59	8.8	7.14	5.58	6.06	6.64
EBIT to Interest Expense	10.55	10.59	10.8	12.24	11.44	11.73	7.97	5.33	5.92	7.51	7.98	6.15	4.92	5.11	5.57
Interest Expense	51	55	53	50	53	56	96	175	165	136	137	149	208	209	196
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
Net Debt to Equity	74.03	64.27	60.08	66.74	75.99	81.12	188.27	144.55	120.6	113.73	111.42	102.48	83.5	78.16	67.62
Net Debt/Capital (%)	42.54	39.13	37.53	40.03	43.18	44.79	65.31	59.11	54.67	52.57	52.11	49.69	44.64	43.11	39.65
EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
EBITDA-CapEx	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
Operating Income (Loss)	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Cash Ratio	0.05	0.07	0.06	0.07	0.09	0.08	0.1	0.05	0.07	0.14	0.11	0.1	0.05	0.06	0.03
Current Ratio	1.23	1.08	1.29	1.26	1.1	1	0.83	0.74	0.72	0.68	0.68	0.7	0.65	0.74	0.7
Quick Ratio	0.48	0.46	0.53	0.51	0.46	0.41	0.38	0.31	0.31	0.31	0.28	0.26	0.24	0.27	0.24
CFO/Avg Current Liab	0.37	0.42	0.41	0.46	0.5	0.49	0.48	0.42	0.46	0.4	0.26	0.2	0.38	0.31	0.32
Common Equity/Total Assets	39.18	40.4	43.43	40.6	37.34	35.09	24.65	30.92	33.24	32.47	34.18	35.66	39.35	40.48	43.46
Long-Term Debt/Equity (%)	63.62	45.83	52.32	56.05	62.33	64.34	172.85	127.36	104.89	97.9	92.18	81.26	69.24	70.72	56.75
Long-Term Debt/Capital (%)	35.87	27.13	32.04	32.77	34.12	34.16	58.49	51.44	46.6	43.11	41.57	38.09	36.38	38.27	32.96
Long-Term Debt/Total Assets (%)	25.19	18.71	22.9	22.97	23.51	22.74	42.79	39.52	34.99	31.91	31.61	29.09	27.37	28.77	24.8
Total Debt/Equity (%)	77.36	68.92	63.31	71.01	82.66	88.35	195.54	147.58	125.1	127.1	121.77	113.33	90.32	84.8	72.19
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt/Total Assets (%)	30.63	28.13	27.71	29.11	31.18	31.22	48.4	45.79	41.73	41.42	41.75	40.58	35.7	34.49	31.54
CFO/Total Liabilities	13.77	18.46	18.59	19.33	21.18	21.95	10.43	11.61	13.71	12.78	9.77	7.73	15.91	11.89	12.95
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.95	5.48	5.49	5.49	5.71	5.6	4.02	5.29	5.59	4.77	4.78	4.42	4.57	4.89	4.78

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Accounts Receivable Turnover	9.09	8.99	8.58	8.58	9.06	9.59	9.27	9.88	10.47	10.86	11.72	11.31	11.47	11.45	11.25
Days Sales Outstanding	40.16	40.59	42.55	42.54	40.3	38.08	39.36	36.94	34.85	33.6	31.14	32.28	31.81	31.89	32.45
Inventory Turnover	3.99	3.9	3.8	3.61	3.59	3.52	3.79	4.06	4.03	3.6	3.45	3.23	3.37	3.49	3.38
Days Inventory Outstanding	91.56	93.57	95.94	101	101.6	103.79	96.31	89.82	90.48	101.39	105.73	112.94	108.22	104.5	107.91
Accounts Payable Turnover	6.91	6.46	6.6	6.72	6.52	6.09	5.45	4.74	4.13	3.76	3.79	3.79	3.45	3.6	3.43
Accounts Payable Turnover Days	52.85	56.51	55.28	54.35	55.98	59.97	66.95	76.93	88.32	97.09	96.3	96.35	105.92	101.32	106.49
Cash Conversion Cycle	78.88	77.66	83.21	89.19	85.92	81.89	68.73	49.83	37	37.9	40.56	48.87	34.1	35.07	33.87
Inventory to Cash Days	-51.4	-52.98	-53.38	-58.45	-61.29	-65.71	-56.95	-52.88	-55.63	-67.78	-74.59	-80.66	-76.41	-72.61	-75.46
Inventories	614	615	677	714	711	756	793	786	801	1,033	1,182	1,340	1,127	1,240	1,272
Raw Materials	345	342	372	411	391	420	395	380	388	533	626	691	557	622	643
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	269	273	305	303	320	336	398	406	413	499	556	649	570	618	629
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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Market Capitalization	6,396	8,431	8,959	9,177	10,817	11,469	13,251	19,598	22,200	24,300	22,922	22,279	17,111	20,552	17,877
- Cash & Cash Equivalents	54	79	63	77	113	118	187	97	155	424	352	334	167	186	96
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	17	17	15	17	17	12	11	11	13	14	15	19	23	26	32
+ Total Debt	1,252	1,172	1,233	1,285	1,394	1,447	5,027	4,696	4,324	5,008	5,389	5,326	4,591	4,509	4,164
Enterprise Value	7,611	9,542	10,144	10,402	12,115	12,809	18,102	24,209	26,381	28,899	27,973	27,289	21,558	24,900	21,977
Total Capital	2,871	2,872	3,181	3,094	3,081	3,085	7,598	7,879	7,781	8,948	9,814	10,025	9,675	9,825	9,932
Total Debt/Capital (%)	43.62	40.8	38.77	41.52	45.25	46.91	66.16	59.61	55.57	55.97	54.91	53.12	47.46	45.89	41.92
Total Debt / EV	0.16	0.12	0.12	0.12	0.12	0.11	0.28	0.19	0.16	0.17	0.19	0.2	0.21	0.18	0.19
EV/Sales	2.06	2.38	2.46	2.45	2.82	2.9	3.83	4.57	4.93	5.16	4.43	4.3	3.24	3.7	3.21
EV/EBITDA	11.92	14.01	15.45	14.74	18.52	17.09	21.94	23.24	23.63	24.82	23.28	25.64	18.55	19.62	16.88
EV/EBIT	14.09	16.5	18.43	17.25	22.09	19.98	25.87	27.17	27.55	28.91	27.56	31.6	22.39	23.48	20.52
EV/Cash Flow to Firm	20.22	19.27	20.12	19.25	19.26	18.31	20.42	- -	24.42	25.13	29.9	35.46	15.4	22.88	19.69
EV/Free Cash Flow to Firm	20.22	19.27	20.12	19.25	19.26	18.31	20.42	- -	24.42	25.13	29.9	35.46	15.4	22.88	19.69
Diluted Market Cap	6,463	8,546	9,129	9,363	10,978	11,716	12,988	19,782	22,400	24,501	23,145	22,462	17,219	20,675	17,944
Diluted Enterprise Value	7,678	9,656	10,315	10,588	12,277	13,056	17,839	24,393	26,582	29,099	28,196	27,472	21,667	25,023	22,044
EV per Share	28.93	36.38	39.09	40.93	48.08	51.65	69.82	92.59	100.29	109.41	105.75	102.89	81.25	93.88	82.74
TTM Sales	3,698	4,014	4,123	4,243	4,296	4,412	4,730	5,303	5,347	5,601	6,318	6,351	6,662	6,724	6,840
TTM EBITDA	639	681	657	706	654	750	825	1,042	1,117	1,165	1,201	1,064	1,162	1,269	1,302
TTM Operating Income	540	578	576	608	610	657	763	930	979	1,019	1,091	917	1,024	1,070	1,092
TTM Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116
TTM Free Cash Flow to Firm	376	495	504	540	629	700	887	- -	1,080	1,150	936	770	1,400	1,088	1,116

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Price/Free Cash Flow	19.01	18.78	19.62	18.59	18.61	17.8	15.93	24.09	23.66	23.53	27.94	34.48	13.92	22.43	18.65
EV/EBIT	14.09	16.5	18.43	17.25	22.09	19.98	25.87	27.17	27.55	28.91	27.56	31.6	22.39	23.48	20.52
Enterprise Value	7,611	9,542	10,144	10,402	12,115	12,809	18,102	24,209	26,381	28,899	27,973	27,289	21,558	24,900	21,977
Low Price	20.96	24	30.46	31.17	34.15	39.51	44.57	49.13	59.75	56.56	77.05	71.92	59.12	63.38	62.92
EV/Sales	2.06	2.38	2.46	2.45	2.82	2.9	3.83	4.57	4.93	5.16	4.43	4.3	3.24	3.7	3.21
EV/EBITDA	11.92	14.01	15.45	14.74	18.52	17.09	21.94	23.24	23.63	24.82	23.28	25.64	18.55	19.62	16.88
Price/Earnings	17.07	20.71	23.21	21.2	27.08	24.54	26.87	20.9	31.52	32.46	30.35	32.69	25.17	26.11	22.66
Price/Earnings Average	16.72	18.17	23.17	20.28	24.7	25.16	25.69	16.25	28.29	30.89	30.6	35.1	31.24	24.75	24.67
Price/Earnings High	17.85	21.32	25.1	21.51	27.2	28.72	28.01	21.77	31.93	37.23	35.18	41.65	37.06	28.65	28.78
Price/Earnings Low	14.71	15.46	20.47	18.3	21.54	20.96	23.43	13.69	22.32	19.96	26.99	27.99	23.07	21.36	21.18
Price/Book Value	3.99	5.01	4.64	5.12	6.48	7.05	5.18	6.18	6.45	6.19	5.2	4.76	3.38	3.88	3.12
Price/Book Value Average	3.91	4.4	4.63	4.9	5.91	7.23	4.95	4.81	5.78	5.89	5.24	5.11	4.2	3.68	3.39
Price/Book Value High	4.18	5.16	5.02	5.19	6.5	8.25	5.4	6.44	6.53	7.1	6.02	6.06	4.98	4.26	3.96
Price/Book Value Low	3.44	3.74	4.09	4.42	5.15	6.02	4.51	4.05	4.56	3.81	4.62	4.08	3.1	3.18	2.91
Price/Tangible Book Value	-14.45	-25.1	-44.93	-35.19	-23.45	-20.13	-2.65	-4.59	-5.57	-5.5	-5.07	-5.46	-4.6	-5.98	-5.83
Price/Tangible Book Value Average	-14.16	-22.02	-44.86	-33.66	-21.39	-20.65	-2.53	-3.57	-5	-5.24	-5.12	-5.86	-5.71	-5.67	-6.35
Price/Tangible Book Value High	-15.12	-25.84	-48.6	-35.69	-23.56	-23.56	-2.76	-4.78	-5.64	-6.31	-5.88	-6.96	-6.78	-6.57	-7.41
Price/Tangible Book Value Low	-12.46	-18.74	-39.63	-30.37	-18.65	-17.2	-2.31	-3.01	-3.94	-3.38	-4.51	-4.67	-4.22	-4.89	-5.45
Price/Sales	1.73	2.1	2.19	2.19	2.53	2.63	2.71	3.68	4.14	4.33	3.63	3.51	2.57	3.06	2.61
Price/Sales Average	1.69	1.85	2.19	2.09	2.31	2.69	2.59	2.86	3.72	4.12	3.66	3.77	3.19	2.9	2.85
Price/Sales High	1.81	2.17	2.37	2.22	2.54	3.07	2.83	3.83	4.2	4.97	4.21	4.47	3.79	3.36	3.32
Price/Sales Low	1.49	1.57	1.93	1.89	2.01	2.24	2.36	2.41	2.93	2.66	3.23	3.01	2.36	2.5	2.44
Price/Cash Flow	18.78	18.56	19.4	18.44	18.43	17.61	15.73	23.75	23.39	23.3	27.67	34.22	13.84	22.33	18.59
Price/Cash Flow Average	18.41	16.28	19.37	17.63	16.81	18.06	15.04	18.47	20.99	22.17	27.9	36.75	17.18	21.17	20.24
Price/Cash Flow High	19.64	19.11	20.99	18.7	18.52	20.61	16.4	24.75	23.7	26.72	32.08	43.6	20.39	24.51	23.61
Price/Cash Flow Low	16.19	13.85	17.12	15.91	14.66	15.04	13.72	15.57	16.56	14.33	24.61	29.3	12.69	18.27	17.38
Price/Free Cash Flow Average	18.63	16.48	19.59	17.78	16.97	18.26	15.23	18.73	21.23	22.38	28.18	37.02	17.27	21.25	20.31
Price/Free Cash Flow High	19.88	19.34	21.23	18.86	18.69	20.84	16.61	25.1	23.97	26.98	32.4	43.93	20.49	24.61	23.69
Price/Free Cash Flow Low	16.39	14.02	17.31	16.05	14.8	15.21	13.89	15.79	16.75	14.47	24.85	29.52	12.76	18.34	17.43
EV/Sales Average	2.02	2.12	2.46	2.36	2.6	2.97	3.7	3.74	4.51	4.95	4.46	4.56	3.85	3.54	3.45
EV/Sales High	2.14	2.44	2.64	2.48	2.83	3.35	3.95	4.72	4.99	5.8	5.01	5.26	4.45	4	3.92
EV/Sales Low	1.82	1.84	2.2	2.16	2.3	2.52	3.47	3.29	3.72	3.49	4.03	3.79	3.02	3.15	3.04
EV/EBITDA Average	11.72	12.49	15.43	14.17	17.06	17.48	21.24	19.05	21.59	23.8	23.44	27.19	22.1	18.77	18.1
EV/EBITDA High	12.38	14.37	16.57	14.93	18.59	19.69	22.63	24.03	23.89	27.88	26.32	31.38	25.51	21.19	20.59
EV/EBITDA Low	10.54	10.87	13.84	12.96	15.13	14.86	19.89	16.76	17.82	16.78	21.17	22.63	17.32	16.67	15.98
EV/EBIT Average	13.85	14.71	18.4	16.59	20.36	20.44	25.04	22.28	25.17	27.73	27.75	33.5	26.67	22.47	22.01
EV/EBIT High	14.63	16.93	19.76	17.47	22.18	23.03	26.68	28.09	27.85	32.48	31.16	38.67	30.78	25.37	25.04
EV/EBIT Low	12.45	12.8	16.51	15.17	18.06	17.38	23.45	19.59	20.78	19.55	25.06	27.89	20.91	19.96	19.44
Last Price	24.32	32.15	34.53	36.11	42.93	46.25	51.11	74.96	84.4	92	86.65	84	64.49	77.49	67.31
High Price	25.43	33.1	37.35	36.63	43.12	54.13	53.29	78.1	85.5	105.5	100.46	107.02	94.97	85.02	85.5
Enterprise Value Average	7,482	8,508	10,130	10,003	11,165	13,103	17,520	19,849	24,104	27,716	28,165	28,933	25,682	23,825	23,565
Enterprise Value High	7,904	9,791	10,877	10,534	12,163	14,765	18,669	25,031	26,672	32,464	31,626	33,395	29,645	26,897	26,810
Enterprise Value Low	6,728	7,404	9,088	9,145	9,902	11,138	16,408	17,455	19,898	19,538	25,434	24,085	20,133	21,158	20,812

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	11/30/2011	11/30/2012	11/30/2013	11/30/2014	11/30/2015	11/30/2016	11/30/2017	11/30/2018	11/30/2019	11/30/2020	11/30/2021	11/30/2022	11/30/2023	11/30/2024	11/30/2025

Shares Outstanding	263	262	259	254	252	248	259	261	263	264	265	265	265	265	266
Diluted Weighted Avg Shares	266	266	264	259	256	253	254	264	265	266	267	267	267	267	267
Basic Weighted Avg Shares	263	263	261	257	253	251	251	260	262	264	265	265	266	266	266
Revenue per Share	14.08	15.28	15.77	16.5	16.96	17.61	18.85	20.38	20.37	21.24	23.88	23.93	25.08	25.3	25.74
EBITDA per Share	2.43	2.59	2.51	2.74	2.58	2.99	3.29	4	4.25	4.42	4.54	4.01	4.38	4.78	4.9
Operating Income per Share	2.06	2.2	2.2	2.37	2.41	2.62	3.04	3.57	3.73	3.86	4.12	3.46	3.86	4.03	4.11
Basic EPS, GAAP	1.42	1.55	1.49	1.7	1.59	1.88	1.9	3.59	2.68	2.83	2.86	2.57	2.56	2.97	2.97
Basic EPS from Cont Ops	1.42	1.55	1.49	1.7	1.59	1.88	1.9	3.59	2.68	2.83	2.86	2.57	2.56	2.97	2.97
Diluted EPS, GAAP	1.41	1.53	1.47	1.69	1.57	1.86	1.88	3.54	2.65	2.81	2.83	2.55	2.55	2.96	2.96
Diluted EPS from Cont Ops	1.41	1.53	1.47	1.69	1.57	1.86	1.88	3.54	2.65	2.81	2.83	2.55	2.55	2.96	2.96
Dividend per Share	0.57	0.63	0.69	0.75	0.81	0.87	0.95	1.05	1.15	1.25	1.37	1.49	1.58	1.7	1.82
Cash Flow per Share	1.29	1.73	1.78	1.96	2.33	2.63	3.25	3.16	3.61	3.95	3.13	2.45	4.66	3.47	3.62
Free Cash Flow per Basic Share	1.29	1.73	1.78	1.96	2.33	2.63	3.25	3.16	3.61	3.95	3.13	2.45	4.66	3.47	3.62
Cash & Equivalents per Share	0.2	0.3	0.24	0.3	0.45	0.48	0.72	0.37	0.59	1.6	1.33	1.26	0.63	0.7	0.36
Book Value per Share	6.09	6.42	7.45	7.05	6.63	6.56	9.87	12.13	13.09	14.86	16.67	17.65	19.07	19.95	21.6
Tangible Book Value per Share	-1.68	-1.28	-0.77	-1.03	-1.83	-2.3	-19.29	-16.35	-15.15	-16.72	-17.08	-15.39	-14.01	-12.95	-11.55