AMETEK, Inc. Financial Ratios — AK1 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 (%)	20.09	20.01	18.23	18.33	18.2	15.73	18.71	18.81	18.41	15.77	15.44	16.16	16.21	14.97	14.59
Return on Assets (%)	9.45	9.66	9.34	9.5	9.03	7.44	9.15	9.45	9.31	8.64	8.9	9.53	9.57	9.28	9.64
Return on Capital (%)	13.82	14	13.34	13.52	12.97	10.78	12.97	12.89	12.6	11.53	11.72	12.58	12.54	12.3	12.49
Return on Invested Capital (%)	13.89	14.03	13.49	13.63	13.03	10.77	13.04	12.89	12.75	10.11	11.74	12.45	12.63	12.27	12.63
Gross Margin (%)	34.59	35.39	35.35	33.84	34.13	32.67	33.46	34.25	34.65	34	34.48	34.88	36.14	35.68	36.04
EBITDA Margin (%)	24.16	25.53	25.98	25.79	26.6	25.28	25.27	26.31	27.36	28.26	28.86	29.59	31	31.15	31.52
Operating Margin (%)	21.27	22.37	22.68	22.34	22.84	20.6	21.01	22.19	22.82	22.64	23.59	24.4	25.88	25.64	25.81
Incremental Operating Margin (%)	29.63	31.93	26.63	19.52	- -	86.98	24.48	31.5	32.57	24.17	27.9	31.79	46.32	20.95	28.43
Pretax Margin (%)	18.62	19.87	20.17	20.01	20.29	18.05	18.53	20.38	20.74	23.84	22.05	23.23	24.35	23.94	24.3
Profit Margin (%)	12.86	13.77	14.38	14.53	14.87	13.34	15.85	16.05	16.7	19.22	17.85	18.85	19.91	19.83	20
Net Income to Common Margin (%)	12.86	13.77	14.38	14.53	14.87	13.34	15.85	16.05	16.7	19.22	17.85	18.85	19.91	19.83	20
Effective Tax Rate (%)	30.93	30.69	28.67	27.38	26.73	26.11	14.47	21.24	19.49	19.39	19.06	18.84	18.25	17.18	17.69
Dvd Payout Ratio (%)	9.98	11.56	11.3	13.78	14.55	16.26	12.14	16.57	14.8	18.92	18.64	17.44	17.54	18.81	19.28
Sustainable Growth Rate (%)	18.08	17.7	16.17	15.81	15.55	13.17	16.44	15.7	15.68	12.79	12.56	13.34	13.36	12.15	11.78

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	1,264	1,454	1,415	1,714	1,938	2,342	2,174	2,633	2,812	2,459	2,721	2,431	3,374	2,134	2,344
ST Debt	141	321	273	286	385	279	308	359	540	177	362	272	1,479	709	1,270
LT Debt	1,123	1,133	1,142	1,428	1,553	2,063	1,866	2,274	2,271	2,281	2,358	2,159	1,895	1,425	1,074
Total Debt/EBITDA	1.75	1.71	1.52	1.65	1.83	2.41	2	2.06	1.99	1.92	1.7	1.34	1.65	0.99	1
Net Debt/EBITDA	1.51	1.52	1.2	1.29	1.47	1.67	1.41	1.79	1.68	0.94	1.37	1.12	1.42	0.79	0.78
Total Debt/EBIT	1.99	1.95	1.74	1.91	2.14	2.96	2.41	2.45	2.39	2.39	2.08	1.62	1.98	1.2	1.23
Net Debt/EBIT	1.72	1.74	1.37	1.49	1.72	2.05	1.69	2.12	2.02	1.17	1.68	1.36	1.7	0.96	0.96
EBITDA to Interest Expense	10.36	11.28	12.69	12.98	11.52	10.29	11.09	15.52	15.95	14.91	19.91	21.88	25	19.14	28.71
EBITDA-CapEx/Interest Expense	9.63	10.52	11.83	12.08	10.76	9.62	10.32	14.52	14.79	14.05	18.54	20.21	23.34	18.02	27.11
EBIT to Interest Expense	9.12	9.88	11.08	11.24	9.89	8.39	9.22	13.09	13.31	11.94	16.28	18.04	20.87	15.75	23.51
Interest Expense	70	75	74	80	92	94	98	82	88	86	80	83	82	113	81
Common Equity/Total Assets	47.52	48.85	53.35	50.45	48.86	45.86	51.66	48.97	51.96	57.44	57.76	60.14	58.11	65.99	66.15
Long-Term Debt/Equity (%)	54.73	44.7	36.41	44.07	47.72	63.34	46.33	53.6	44.4	38.35	34.32	28.88	21.71	14.76	10.11
Long-Term Debt/Capital (%)	33.87	28.41	25.09	28.82	29.91	36.85	30.09	33.08	28.65	27.13	24.58	21.79	15.66	12.09	8.28
Long-Term Debt/Total Assets (%)	26.01	21.83	19.42	22.24	23.32	29.05	23.94	26.25	23.07	22.03	19.82	17.37	12.62	9.74	6.69
Total Debt/Equity (%)	61.57	57.34	45.12	52.91	59.55	71.9	53.98	62.06	54.97	41.33	39.59	32.52	38.65	22.11	22.06
Total Debt/Capital (%)	38.11	36.45	31.09	34.6	37.32	41.83	35.06	38.3	35.47	29.24	28.36	24.54	27.88	18.1	18.07
Total Debt/Total Assets (%)	29.26	28.01	24.07	26.69	29.1	32.98	27.89	30.39	28.56	23.74	22.87	19.56	22.46	14.59	14.59
Net Debt to Equity	53.27	51.11	35.71	41.25	47.84	49.88	37.94	53.72	46.44	20.19	31.98	27.28	33.26	17.67	17.17
Net Debt/Capital (%)	34.76	33.82	26.31	29.2	32.36	33.28	27.5	34.95	31.53	16.69	23.77	21.33	24.83	14.94	14.59
EBITDA	722	851	934	1,037	1,057	971	1,087	1,275	1,411	1,283	1,601	1,820	2,045	2,162	2,333
EBITDA-CapEx	672	794	870	966	988	907	1,012	1,193	1,309	1,209	1,490	1,681	1,909	2,035	2,203
Operating Income (Loss)	636	746	815	899	908	791	904	1,076	1,177	1,028	1,309	1,501	1,707	1,780	1,910

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	0.28	0.18	0.34	0.4	0.37	0.78	0.57	0.28	0.28	1.13	0.22	0.22	0.14	0.18	0.16
Current Ratio	1.68	1.32	1.57	1.69	1.58	2.09	1.7	1.46	1.42	2.34	1.36	1.62	0.98	1.24	1.06
Quick Ratio	0.98	0.76	0.95	1.03	0.96	1.42	1.15	0.86	0.8	1.68	0.75	0.81	0.49	0.63	0.55
CFO/Avg Current Liab	0.86	0.81	0.75	0.8	0.69	0.78	0.81	0.77	0.83	1.02	0.88	0.74	0.78	0.73	0.73
Common Equity/Total Assets	47.52	48.85	53.35	50.45	48.86	45.86	51.66	48.97	51.96	57.44	57.76	60.14	58.11	65.99	66.15
Long-Term Debt/Equity (%)	54.73	44.7	36.41	44.07	47.72	63.34	46.33	53.6	44.4	38.35	34.32	28.88	21.71	14.76	10.11
Long-Term Debt/Capital (%)	33.87	28.41	25.09	28.82	29.91	36.85	30.09	33.08	28.65	27.13	24.58	21.79	15.66	12.09	8.28
Long-Term Debt/Total Assets (%)	26.01	21.83	19.42	22.24	23.32	29.05	23.94	26.25	23.07	22.03	19.82	17.37	12.62	9.74	6.69
Total Debt/Equity (%)	61.57	57.34	45.12	52.91	59.55	71.9	53.98	62.06	54.97	41.33	39.59	32.52	38.65	22.11	22.06
Total Debt/Capital (%)	38.11	36.45	31.09	34.6	37.32	41.83	35.06	38.3	35.47	29.24	28.36	24.54	27.88	18.1	18.07
Total Debt/Total Assets (%)	29.26	28.01	24.07	26.69	29.1	32.98	27.89	30.39	28.56	23.74	22.87	19.56	22.46	14.59	14.59
CFO/Total Liabilities	22.44	23.07	24.1	22.82	19.75	19.69	22.11	20.94	23.57	29.06	23.09	23.2	27.57	36.75	33.13
CFO/CapEx	10.01	10.67	10.43	10.18	9.74	11.96	11.1	11.28	10.89	17.26	10.49	8.27	12.74	14.39	13.83
Altman's Z-Score	- -	- -	8.35	8.24	8.06	7.17	8.41	8.51	9.08	9.33	10.63	10.54	9.53	12.01	11.75

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	7.13	7.05	6.88	7.17	6.69	6.42	6.82	6.92	6.98	6.76	7.78	7.04	6.83	7.08	7.16
Days Sales Outstanding	51.16	51.79	53.04	50.92	54.59	56.82	53.5	52.76	52.27	53.96	46.94	51.88	53.45	51.58	51
Inventory Turnover	5.47	5.32	5.27	5.61	5.18	5.14	5.54	5.47	5.4	5.06	5.47	4.42	3.87	4.15	4.45
Days Inventory Outstanding	66.79	68.57	69.26	65.07	70.43	71.05	65.86	66.74	67.64	72.09	66.71	82.63	94.3	88.05	82.05
Accounts Payable Turnover	7.7	7.29	7.02	7.37	7.02	6.98	7.21	7.82	8.68	7.95	9.26	8.85	8.48	8.37	8.44
Accounts Payable Turnover Days	47.4	50.07	51.99	49.53	52.02	52.33	50.61	46.7	42.06	45.92	39.44	41.25	43.02	43.59	43.23
Cash Conversion Cycle	70.55	70.29	70.3	66.46	73	75.55	68.75	72.8	77.85	80.13	74.22	93.27	104.74	96.04	89.82
Inventory to Cash Days	-15.63	-16.79	-16.22	-14.16	-15.84	-14.23	-12.36	-13.98	-15.36	-18.14	-19.77	-30.75	-40.85	-36.48	-31.05
Inventories	380	429	453	496	514	492	541	625	625	559	769	1,044	1,132	1,022	1,106
Raw Materials	237	283	291	321	326	315	348	400	407	375	557	775	831	770	814
Work In Process	73	84	86	94	105	101	107	118	118	103	122	138	166	171	180
Finished Goods	70	63	76	80	83	76	85	107	100	82	90	131	136	80	112
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	- -	- -	12,879	13,007	12,808	11,201	16,946	15,326	22,954	27,524	34,066	32,245	37,983	41,990	47,444
- Cash & Cash Equivalents	170	158	295	378	381	717	646	354	393	1,213	347	345	410	374	458
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,264	1,454	1,415	1,714	1,938	2,342	2,174	2,633	2,812	2,459	2,721	2,431	3,374	2,134	2,344
Enterprise Value	- -	- -	13,999	14,344	14,366	12,825	18,474	17,605	25,373	28,770	36,440	34,331	40,947	43,750	49,330
Total Capital	3,317	3,989	4,551	4,954	5,193	5,598	6,202	6,875	7,927	8,408	9,593	9,908	12,105	11,790	12,973
Total Debt/Capital (%)	38.11	36.45	31.09	34.6	37.32	41.83	35.06	38.3	35.47	29.24	28.36	24.54	27.88	18.1	18.07
Total Debt / EV	- -	- -	0.1	0.12	0.13	0.18	0.12	0.15	0.11	0.09	0.07	0.07	0.08	0.05	0.05
EV/Sales	- -	- -	3.9	3.57	3.61	3.34	4.3	3.63	4.92	6.34	6.57	5.58	6.21	6.3	6.67
EV/EBITDA	- -	- -	14.99	13.83	13.59	13.21	17	13.81	17.98	22.42	22.76	18.86	20.02	20.23	21.14
EV/EBIT	- -	- -	17.18	15.96	15.83	16.21	20.44	16.37	21.55	27.99	27.84	22.88	23.98	24.58	25.82
EV/Cash Flow to Firm	- -	- -	19.63	18.3	19.42	15.52	20.14	17.78	21.4	21.31	29.73	28.21	22.72	22.76	26.4
EV/Free Cash Flow to Firm	- -	- -	21.54	20.13	21.42	16.8	21.94	19.39	23.42	22.54	32.69	31.85	24.58	24.37	28.38
Diluted Market Cap	- -	- -	12,935	13,318	13,139	11,413	16,994	15,704	22,986	27,600	34,235	32,453	38,078	42,257	47,904
Diluted Enterprise Value	- -	- -	14,055	14,655	14,696	13,038	18,522	17,983	25,404	28,846	36,609	34,539	41,043	44,018	49,790
EV per Share	- -	- -	57.14	59.43	61	55.91	79.91	77.52	110.76	124.81	157.3	149.23	177.31	189.64	215.38
TTM Sales	2,990	3,334	3,594	4,022	3,974	3,840	4,300	4,846	5,159	4,540	5,547	6,151	6,597	6,941	7,401
TTM EBITDA	722	851	934	1,037	1,057	971	1,087	1,275	1,411	1,283	1,601	1,820	2,045	2,162	2,333
TTM Operating Income	636	746	815	899	908	791	904	1,076	1,177	1,028	1,309	1,501	1,707	1,780	1,910
TTM Cash Flow to Firm	557	665	713	784	740	827	917	990	1,186	1,350	1,226	1,217	1,802	1,922	1,869
TTM Free Cash Flow to Firm	506	607	650	713	671	763	842	908	1,083	1,276	1,115	1,078	1,666	1,795	1,738

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	- -	- -	21.65	20.34	21.77	16.46	22.41	18.62	22.71	22.87	32.61	32.12	23.81	24.83	28.66
EV/EBIT	- -	- -	17.18	15.96	15.83	16.21	20.44	16.37	21.55	27.99	27.84	22.88	23.98	24.58	25.82
Enterprise Value	- -	- -	13,999	14,344	14,366	12,825	18,474	17,605	25,373	28,770	36,440	34,331	40,947	43,750	49,330
Low Price	- -	- -	45.06	46.4	47.93	42.99	48.24	65.79	66.29	59.05	111.23	107.71	134.57	151.91	148.26
EV/Sales	- -	- -	3.9	3.57	3.61	3.34	4.3	3.63	4.92	6.34	6.57	5.58	6.21	6.3	6.67
EV/EBITDA	- -	- -	14.99	13.83	13.59	13.21	17	13.81	17.98	22.42	22.76	18.86	20.02	20.23	21.14
Price/Earnings	- -	- -	24.8	22.58	22.08	22.18	24.76	20.02	26.5	31.4	34.3	27.99	28.87	30.59	32.25
Price/Earnings Average	- -	- -	22.93	21.67	21.67	21.67	20.59	22.16	22.75	25.21	30.64	25.35	26.21	29.13	28.5
Price/Earnings High	- -	- -	24.8	22.68	23.54	24.13	24.76	24.29	26.59	31.89	34.3	29.3	29.05	33.47	32.25
Price/Earnings Low	- -	- -	21.26	19.44	19.46	19.53	16.3	19.52	17.53	15.53	25.95	21.51	23.62	25.53	23.08
Price/Book Value	- -	- -	4.11	4.02	3.94	3.44	4.21	3.61	4.49	4.63	4.96	4.31	4.35	4.35	4.46
Price/Book Value Average	- -	- -	3.8	3.85	3.86	3.36	3.5	4	3.85	3.71	4.43	3.91	3.95	4.14	3.94
Price/Book Value High	- -	- -	4.11	4.03	4.2	3.74	4.21	4.38	4.5	4.7	4.96	4.51	4.38	4.76	4.46
Price/Book Value Low	- -	- -	3.52	3.46	3.47	3.03	2.77	3.52	2.97	2.29	3.75	3.31	3.56	3.63	3.19
Price/Tangible Book Value	- -	- -	-17.26	-13.01	-11.39	-8.64	-15.39	-8.64	-13.54	-30.61	-19.63	-26.04	-20.17	-51.47	-70.77
Price/Tangible Book Value Average	- -	- -	-15.96	-12.48	-11.17	-8.44	-12.8	-9.56	-11.63	-24.58	-17.53	-23.59	-18.31	-49.03	-62.54
Price/Tangible Book Value High	- -	- -	-17.26	-13.06	-12.14	-9.4	-15.39	-10.48	-13.59	-31.08	-19.63	-27.26	-20.3	-56.33	-70.77
Price/Tangible Book Value Low	- -	- -	-14.8	-11.2	-10.03	-7.61	-10.13	-8.42	-8.96	-15.14	-14.85	-20.01	-16.51	-42.96	-50.65
Price/Sales	- -	- -	3.57	3.28	3.28	2.96	3.92	3.21	4.42	6.03	6.12	5.28	5.75	6.06	6.45
Price/Sales Average	- -	- -	3.3	3.15	3.22	2.89	3.26	3.56	3.8	4.85	5.47	4.78	5.22	5.78	5.7
Price/Sales High	- -	- -	3.57	3.3	3.5	3.22	3.92	3.9	4.44	6.13	6.12	5.52	5.78	6.64	6.45
Price/Sales Low	- -	- -	3.06	2.83	2.89	2.6	2.58	3.13	2.93	2.98	4.63	4.05	4.7	5.06	4.62
Price/Cash Flow	- -	- -	19.41	18.18	19.4	15.01	20.25	16.83	20.48	21.39	29.27	28.24	21.85	23.02	26.49
Price/Cash Flow Average	- -	- -	17.94	17.44	19.04	14.67	16.84	18.63	17.58	17.17	26.14	25.58	19.83	21.92	23.41
Price/Cash Flow High	- -	- -	19.41	18.26	20.68	16.33	20.25	20.42	20.55	21.72	29.27	29.56	21.99	25.19	26.49
Price/Cash Flow Low	- -	- -	16.64	15.65	17.1	13.21	13.33	16.41	13.55	10.58	22.14	21.7	17.88	19.21	18.96
Price/Free Cash Flow Average	- -	- -	20.02	19.52	21.37	16.08	18.64	20.61	19.5	18.36	29.13	29.1	21.62	23.65	25.32
Price/Free Cash Flow High	- -	- -	21.65	20.43	23.21	17.91	22.41	22.59	22.8	23.23	32.61	33.62	23.96	27.18	28.66
Price/Free Cash Flow Low	- -	- -	18.56	17.51	19.19	14.49	14.75	18.15	15.03	11.31	24.67	24.68	19.48	20.72	20.51
EV/Sales Average	- -	- -	3.62	3.44	3.55	3.27	3.63	3.97	4.29	5.14	5.91	5.09	5.68	6.02	5.92
EV/Sales High	- -	- -	3.9	3.58	3.83	3.6	4.3	4.31	4.94	6.43	6.57	5.83	6.24	6.87	6.67
EV/Sales Low	- -	- -	3.38	3.12	3.23	2.99	2.95	3.55	3.41	3.27	5.07	4.37	5.16	5.3	4.84
EV/EBITDA Average	- -	- -	13.95	13.32	13.36	12.95	14.37	15.09	15.68	18.19	20.49	17.19	18.31	19.31	18.78
EV/EBITDA High	- -	- -	14.99	13.88	14.39	14.23	17	16.37	18.04	22.75	22.76	19.69	20.14	22.06	21.14
EV/EBITDA Low	- -	- -	13.02	12.08	12.15	11.83	11.67	13.51	12.47	11.58	17.58	14.76	16.64	17.02	15.36
EV/EBIT Average	- -	- -	15.98	15.38	15.56	15.89	17.29	17.89	18.79	22.71	25.07	20.85	21.93	23.46	22.93
EV/EBIT High	- -	- -	17.18	16.02	16.76	17.46	20.44	19.4	21.62	28.41	27.84	23.88	24.12	26.81	25.82
EV/EBIT Low	- -	- -	14.92	13.95	14.15	14.52	14.03	16.01	14.95	14.45	21.5	17.9	19.94	20.68	18.76
Last Price	- -	- -	52.57	53.9	54.38	48.83	73.3	67.48	100.2	119.4	147.05	140.16	164.48	182.01	207.14
High Price	- -	- -	52.57	54.12	57.98	53.14	73.3	81.86	100.57	121.25	147.05	146.72	165.5	199.2	207.14
Enterprise Value Average	- -	- -	13,025	13,816	14,127	12,571	15,621	19,244	22,125	23,347	32,803	31,295	37,444	41,754	43,809
Enterprise Value High	- -	- -	13,999	14,397	15,213	13,814	18,474	20,870	25,458	29,197	36,440	35,838	41,184	47,715	49,330
Enterprise Value Low	- -	- -	12,160	12,534	12,845	11,486	12,681	17,221	17,605	14,858	28,141	26,864	34,041	36,805	35,843

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	241	243	245	241	236	229	231	227	229	231	232	230	231	231	229
Diluted Weighted Avg Shares	243	244	246	247	242	234	232	233	229	231	233	232	232	232	231
Basic Weighted Avg Shares	240	242	244	245	240	233	230	231	228	229	231	232	231	231	230
Revenue per Share	12.44	13.81	14.74	16.42	16.57	16.51	18.68	20.99	22.65	19.79	24.02	26.56	28.62	30.02	32.12
EBITDA per Share	3.01	3.53	3.83	4.24	4.41	4.17	4.72	5.52	6.2	5.59	6.93	7.86	8.87	9.35	10.12
Operating Income per Share	2.65	3.09	3.34	3.67	3.78	3.4	3.92	4.66	5.17	4.48	5.67	6.48	7.41	7.7	8.29
Basic EPS, GAAP	1.6	1.9	2.12	2.39	2.46	2.2	2.96	3.37	3.78	3.8	4.29	5.01	5.7	5.95	6.42
Basic EPS from Cont Ops	1.6	1.9	2.12	2.39	2.46	2.2	2.96	3.37	3.78	3.8	4.29	5.01	5.7	5.95	6.42
Diluted EPS, GAAP	1.58	1.88	2.1	2.37	2.45	2.19	2.94	3.34	3.75	3.77	4.25	5.01	5.67	5.93	6.4
Diluted EPS from Cont Ops	1.58	1.88	2.1	2.37	2.45	2.19	2.94	3.34	3.75	3.77	4.25	5.01	5.67	5.93	6.4
Dividend per Share	0.16	0.22	0.24	0.33	0.36	0.36	0.36	0.56	0.56	0.72	0.8	0.87	1	1.12	1.24
Cash Flow per Share	2.12	2.54	2.71	2.96	2.8	3.25	3.62	4.01	4.89	5.58	5.02	4.96	7.53	7.91	7.82
Free Cash Flow per Basic Share	1.9	2.3	2.45	2.67	2.52	2.98	3.29	3.65	4.44	5.26	4.55	4.36	6.94	7.36	7.25
Cash & Equivalents per Share	0.73	0.65	1.2	1.56	1.62	3.13	2.8	1.56	1.72	5.26	1.5	1.5	1.77	1.62	2
Book Value per Share	8.53	10.42	12.8	13.42	13.82	14.2	17.42	18.68	22.33	25.81	29.66	32.5	37.8	41.85	46.41
Tangible Book Value per Share	-3.06	-4.04	-3.05	-4.14	-4.78	-5.65	-4.76	-7.81	-7.4	-3.9	-7.49	-5.38	-8.15	-3.54	-2.93