CMS Energy Corporation Financial Ratios — CSG 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 (%)	14.26	12.28	13.6	13.39	13.75	13.45	10.58	14.25	13.87	14.32	22.65	12.53	12.43	12.96	12.54
Return on Assets (%)	2.59	2.27	2.62	2.61	2.65	2.63	2.06	2.76	2.65	2.67	4.63	2.79	2.73	2.89	2.82
Return on Capital (%)	6.78	5.84	6.2	6.21	6.04	6.05	4.69	6.63	6.07	6.48	9.54	6.38	6.61	6.75	6.6
Return on Invested Capital (%)	6.46	5.62	6.02	6.18	5.85	5.92	4.66	6.14	5.18	5.61	5.19	5.16	4.47	4.99	5.02
Gross Margin (%)	26.97	29.27	30.52	29.1	33.92	36.69	38.02	34.89	36.76	40.98	36.14	32.13	38.35	42.7	41.53
EBITDA Margin (%)	23.82	25.6	26.96	25.59	29.86	32.3	33.71	30.48	31.76	35.42	30.84	27.34	32.36	36.29	35.52
Operating Margin (%)	15.42	16.04	17.39	16.05	18.25	19.63	20.33	16.91	16.83	19.16	15.64	14.24	16.55	19.79	20.22
Incremental Operating Margin (%)	43.66	- -	44.41	1.63	- -	- -	44.57	- -	18.88	- -	- -	6.16	- -	475.47	23.44
Pretax Margin (%)	9.32	9.95	11.51	10.15	12.33	12.91	13.46	11.26	11.53	12.61	11.23	10.49	12.78	14.94	14.62
Profit Margin (%)	6.38	6.11	6.88	6.64	8.1	8.61	6.99	9.56	10.27	11.76	18.46	9.74	11.89	13.35	12.54
Net Income to Common Margin (%)	6.38	6.11	6.88	6.64	8.1	8.61	6.99	9.53	10.24	11.73	18.39	9.62	11.75	13.21	12.43
Effective Tax Rate (%)	31.52	39.39	39.95	34.29	34.05	33.05	47.86	14.86	17.15	14.22	11.54	10.31	15.41	15.67	19.71
Dvd Payout Ratio (%)	50.6	66.49	59.87	61.33	61.1	62.52	81.25	61.46	68.56	67.49	71.86	68.9	79.25	69.92	70.75
Sustainable Growth Rate (%)	7.04	4.11	5.46	5.18	5.35	5.04	1.98	5.49	4.36	4.66	6.37	3.9	2.58	3.9	3.67

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	7,264	7,514	7,971	8,739	9,473	10,034	10,487	11,777	13,247	12,391	12,474	14,309	15,643	16,566	18,898
ST Debt	1,057	651	732	600	955	1,284	1,273	1,093	1,220	591	382	1,119	1,073	1,260	956
LT Debt	6,207	6,863	7,239	8,139	8,518	8,750	9,214	10,684	12,027	11,800	12,092	13,190	14,570	15,306	17,942
Total Debt/EBITDA	4.69	4.69	4.5	4.76	4.91	4.85	4.73	5.62	6.3	5.45	5.52	6.09	6.48	6.07	6.23
Net Debt/EBITDA	4.48	4.54	4.33	4.58	4.71	4.69	4.6	5.52	6.19	5.41	5.3	5.99	6.36	6	6.02
Total Debt/EBIT	7.24	7.49	6.98	7.59	8.04	7.99	7.84	10.14	11.88	10.07	10.88	11.69	12.67	11.14	10.94
Net Debt/EBIT	6.92	7.25	6.71	7.3	7.72	7.71	7.63	9.94	11.69	10	10.45	11.5	12.43	11	10.57
EBITDA to Interest Expense	3.73	4.12	4.45	4.51	4.87	4.75	5.07	4.57	4.57	4.5	4.52	4.53	3.76	3.85	3.8
EBITDA-CapEx/Interest Expense	3.6	3.99	4.31	4.35	4.58	4.51	4.8	4.26	4.3	4.25	4.25	4.32	2.23	3.63	3.53
EBIT to Interest Expense	2.42	2.58	2.87	2.83	2.97	2.89	3.05	2.54	2.42	2.44	2.29	2.36	1.92	2.1	2.16
Interest Expense	415	389	398	407	396	435	438	458	460	505	500	519	643	708	798
Common Equity/Total Assets	18.41	18.64	19.83	19.13	19.4	19.67	19.27	19.39	18.7	18.53	22.28	21.66	21.84	22.29	22.33
Long-Term Debt/Equity (%)	202.05	211.95	207.36	219.56	214.29	203.96	205.76	222.95	237.92	194.17	168.22	173.67	179.32	174.97	184.76
Long-Term Debt/Capital (%)	60.05	63.83	63.16	65.39	63.34	61.09	61.57	64.48	65.71	63.89	61.5	60.22	61.3	60.46	62.71
Long-Term Debt/Total Assets (%)	37.73	40.06	41.57	42.42	41.96	40.47	39.97	43.56	44.81	39.78	42.05	42.07	43.47	42.61	44.92
Total Debt/Equity (%)	236.46	232.06	228.33	235.74	238.31	233.89	234.19	245.76	262.06	203.9	173.54	188.4	192.53	189.37	194.6
Total Debt/Capital (%)	70.28	69.88	69.54	70.22	70.44	70.05	70.08	71.08	72.38	67.09	63.44	65.33	65.82	65.44	66.06
Total Debt/Total Assets (%)	44.15	43.86	45.77	45.55	46.67	46.41	45.5	48.01	49.36	41.77	43.38	45.64	46.67	46.12	47.31
Net Debt to Equity	225.78	224.46	219.45	226.84	228.65	225.85	228.09	241.13	257.78	202.45	166.61	185.35	188.97	186.91	187.97
Net Debt/Capital (%)	68.17	68.19	67.86	68.71	68.95	68.77	69.09	70.39	71.75	66.73	62.34	64.75	65.22	64.86	64.96
EBITDA	1,549	1,601	1,770	1,837	1,928	2,067	2,219	2,095	2,104	2,273	2,260	2,350	2,415	2,727	3,033
EBITDA-CapEx	1,495	1,552	1,714	1,771	1,813	1,960	2,104	1,949	1,977	2,144	2,127	2,243	1,436	2,567	2,819
Operating Income (Loss)	1,003	1,003	1,142	1,152	1,178	1,256	1,338	1,162	1,115	1,230	1,146	1,224	1,235	1,487	1,727

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	0.07	0.05	0.09	0.11	0.12	0.09	0.07	0.06	0.05	0.01	0.21	0.05	0.08	0.03	0.14
Current Ratio	1.1	1.35	1.3	1.33	1.01	0.86	0.89	0.94	0.86	0.78	1.19	1.15	0.98	0.79	0.98
Quick Ratio	0.47	0.57	0.6	0.63	0.51	0.47	0.51	0.53	0.48	0.29	0.63	0.58	0.4	0.33	0.52
CFO/Avg Current Liab	0.54	0.6	0.76	0.76	0.77	0.66	0.63	0.63	0.67	0.44	0.69	0.33	0.79	0.74	0.63
Common Equity/Total Assets	18.41	18.64	19.83	19.13	19.4	19.67	19.27	19.39	18.7	18.53	22.28	21.66	21.84	22.29	22.33
Long-Term Debt/Equity (%)	202.05	211.95	207.36	219.56	214.29	203.96	205.76	222.95	237.92	194.17	168.22	173.67	179.32	174.97	184.76
Long-Term Debt/Capital (%)	60.05	63.83	63.16	65.39	63.34	61.09	61.57	64.48	65.71	63.89	61.5	60.22	61.3	60.46	62.71
Long-Term Debt/Total Assets (%)	37.73	40.06	41.57	42.42	41.96	40.47	39.97	43.56	44.81	39.78	42.05	42.07	43.47	42.61	44.92
Total Debt/Equity (%)	236.46	232.06	228.33	235.74	238.31	233.89	234.19	245.76	262.06	203.9	173.54	188.4	192.53	189.37	194.6
Total Debt/Capital (%)	70.28	69.88	69.54	70.22	70.44	70.05	70.08	71.08	72.38	67.09	63.44	65.33	65.82	65.44	66.06
Total Debt/Total Assets (%)	44.15	43.86	45.77	45.55	46.67	46.41	45.5	48.01	49.36	41.77	43.38	45.64	46.67	46.12	47.31
CFO/Total Liabilities	8.74	8.93	10.2	9.57	10.05	9.4	9.18	8.63	8.22	5.41	8.43	3.6	9.09	8.72	7.39
CFO/CapEx	21.65	25.33	25.38	22.44	14.26	15.22	14.83	11.66	14.09	9.89	13.68	7.99	2.36	14.81	10.44
Altman's Z-Score	0.74	0.76	0.84	0.92	0.82	0.83	0.86	0.84	0.86	0.77	0.98	0.95	0.81	0.84	0.86

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	6.99	7.17	7.34	7.91	7.7	7.97	7.06	6.8	7.04	7.23	8.13	6.89	5.98	7.58	7.25
Days Sales Outstanding	52.2	50.9	49.72	46.17	47.41	45.8	51.7	53.69	51.82	50.47	44.9	52.97	61.07	48.13	50.33
Inventory Turnover	4.02	3.9	4.64	5.66	5.03	5.77	6.29	6.77	6.68	6.41	7.53	6.54	4.48	5.05	6.4
Days Inventory Outstanding	90.77	93.71	78.61	64.5	72.56	63.25	58.06	53.91	54.68	56.9	48.47	55.81	81.53	72.35	57.02
Accounts Payable Turnover	8.85	7.82	7.81	7.99	6.2	6.29	6.17	6.05	6.06	5.77	6.18	6.97	5.11	4.38	4.04
Accounts Payable Turnover Days	41.25	46.68	46.72	45.67	58.83	58.04	59.18	60.37	60.25	63.26	59.02	52.36	71.41	83.24	90.25
Cash Conversion Cycle	101.72	97.92	81.61	65	61.13	51.01	50.58	47.24	46.25	44.11	34.35	56.42	71.18	37.24	17.1
Inventory to Cash Days	-38.57	-42.8	-28.88	-18.34	-25.15	-17.45	-6.36	-0.22	-2.85	-6.43	-3.58	-2.84	-20.46	-24.21	-6.69
Inventories	1,187	1,084	881	918	778	626	672	650	605	576	667	1,117	938	769	791
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	1,187	1,084	881	918	778	626	672	650	605	576	667	1,117	938	769	791

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	5,673	6,363	7,137	9,999	10,115	11,642	13,358	13,967	17,809	17,132	18,878	18,715	16,957	20,062	21,421
- Cash & Cash Equivalents	161	93	172	207	266	235	182	153	140	32	452	164	227	103	509
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	224	224	224	224	224
+ Minority/Non Controlling Interest	44	44	37	37	37	37	37	37	37	581	557	580	581	518	567
+ Total Debt	7,264	7,514	7,971	8,739	9,473	10,034	10,487	11,777	13,247	12,391	12,474	14,309	15,643	16,566	18,898
Enterprise Value	12,820	13,828	14,973	18,568	19,359	21,478	23,700	25,628	30,953	30,072	31,681	33,664	33,178	37,267	40,601
Total Capital	10,336	10,752	11,462	12,446	13,448	14,324	14,965	16,569	18,302	18,468	19,662	21,904	23,768	25,314	28,609
Total Debt/Capital (%)	70.28	69.88	69.54	70.22	70.44	70.05	70.08	71.08	72.38	67.09	63.44	65.33	65.82	65.44	66.06
Total Debt / EV	0.57	0.54	0.53	0.47	0.49	0.47	0.44	0.46	0.43	0.41	0.39	0.43	0.47	0.44	0.47
EV/Sales	1.97	2.21	2.28	2.59	3	3.36	3.6	3.73	4.67	4.69	4.32	3.92	4.45	4.96	4.75
EV/EBITDA	8.28	8.64	8.46	10.11	10.04	10.39	10.68	12.23	14.71	13.23	14.02	14.33	13.74	13.67	13.39
EV/EBIT	12.78	13.79	13.11	16.12	16.43	17.1	17.71	22.06	27.76	24.45	27.64	27.5	26.87	25.06	23.51
EV/Cash Flow to Firm	8.82	9.36	9.02	10.62	10.18	11.18	12.26	12.25	14.26	17.59	14.01	25.49	11.63	12.56	14.12
EV/Free Cash Flow to Firm	9.16	9.69	9.33	11.04	10.84	11.84	13.03	13.16	15.14	19.03	14.89	27.74	17.71	13.28	15.25
Diluted Market Cap	5,881	6,472	7,295	9,991	10,071	11,633	13,320	13,943	17,834	16,978	18,858	18,715	16,957	20,062	21,421
Diluted Enterprise Value	13,028	13,937	15,131	18,560	19,315	21,469	23,662	25,604	30,978	29,918	31,661	33,664	33,178	37,267	40,601
EV per Share	50.45	52.36	56.27	67.47	69.84	76.93	84.16	90.43	109.03	104.09	109.32	115.56	112.7	124.73	132.51
TTM Sales	6,503	6,253	6,566	7,179	6,456	6,399	6,583	6,873	6,624	6,418	7,329	8,596	7,462	7,515	8,539
TTM EBITDA	1,549	1,601	1,770	1,837	1,928	2,067	2,219	2,095	2,104	2,273	2,260	2,350	2,415	2,727	3,033
TTM Operating Income	1,003	1,003	1,142	1,152	1,178	1,256	1,338	1,162	1,115	1,230	1,146	1,224	1,235	1,487	1,727
TTM Cash Flow to Firm	1,453	1,477	1,660	1,748	1,901	1,920	1,933	2,093	2,171	1,709	2,261	1,320	2,853	2,967	2,876
TTM Free Cash Flow to Firm	1,399	1,428	1,604	1,682	1,786	1,813	1,818	1,947	2,044	1,580	2,128	1,213	1,874	2,807	2,662

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	5.27	5.43	5.34	7.06	6.6	7.64	8.38	8.95	10.72	14.8	11.19	25.02	12.75	9.08	10.6
EV/EBIT	12.78	13.79	13.11	16.12	16.43	17.1	17.71	22.06	27.76	24.45	27.64	27.5	26.87	25.06	23.51
Enterprise Value	12,820	13,828	14,973	18,568	19,359	21,478	23,700	25,628	30,953	30,072	31,681	33,664	33,178	37,267	40,601
Low Price	19.47	21.18	24.11	26.16	31.38	35.47	41.27	41.76	48.29	47.42	53.63	53.98	50.75	55.83	65.16
EV/Sales	1.97	2.21	2.28	2.59	3	3.36	3.6	3.73	4.67	4.69	4.32	3.92	4.45	4.96	4.75
EV/EBITDA	8.28	8.64	8.46	10.11	10.04	10.39	10.68	12.23	14.71	13.23	14.02	14.33	13.74	13.67	13.39
Price/Earnings	13.49	16.44	15.72	20.64	19.26	21.04	28.87	21.23	26.18	22.44	13.97	22.63	19.34	20.2	20.19
Price/Earnings Average	12.55	15.73	15.82	16.99	18.24	20.9	28.16	20.29	24.18	23.28	13.05	22.91	19.78	19.01	20.62
Price/Earnings High	13.5	16.9	17.37	20.64	20.23	23.25	30.64	23	27.18	26.08	14.01	25.71	22.04	21.67	21.87
Price/Earnings Low	11.77	14.45	14.13	14.87	16.56	17.9	25.12	17.99	20.16	17.95	11.5	19.01	17.04	16.8	18.82
Price/Book Value	1.87	1.99	2.07	2.72	2.57	2.74	3.01	2.94	3.55	3.12	2.95	2.76	2.32	2.51	2.4
Price/Book Value Average	1.74	1.91	2.08	2.24	2.43	2.72	2.93	2.81	3.28	3.23	2.75	2.79	2.37	2.36	2.45
Price/Book Value High	1.87	2.05	2.28	2.72	2.7	3.03	3.19	3.18	3.68	3.62	2.96	3.13	2.64	2.69	2.6
Price/Book Value Low	1.63	1.75	1.86	1.96	2.21	2.33	2.62	2.49	2.73	2.49	2.43	2.32	2.04	2.08	2.24
Price/Tangible Book Value	1.87	1.99	2.07	2.72	2.57	2.74	3.01	2.94	3.55	3.12	2.95	2.76	2.32	2.51	2.4
Price/Tangible Book Value Average	1.74	1.91	2.08	2.24	2.43	2.72	2.93	2.81	3.28	3.23	2.75	2.79	2.37	2.36	2.45
Price/Tangible Book Value High	1.87	2.05	2.28	2.72	2.7	3.03	3.19	3.18	3.68	3.62	2.96	3.13	2.64	2.69	2.6
Price/Tangible Book Value Low	1.63	1.75	1.86	1.96	2.21	2.33	2.62	2.49	2.73	2.49	2.43	2.32	2.04	2.08	2.24
Price/Sales	0.86	1	1.08	1.37	1.56	1.81	2.02	2.02	2.68	2.63	2.57	2.18	2.27	2.67	2.51
Price/Sales Average	0.8	0.96	1.09	1.13	1.48	1.8	1.97	1.93	2.47	2.73	2.4	2.2	2.32	2.51	2.56
Price/Sales High	0.86	1.03	1.2	1.37	1.64	2	2.14	2.19	2.78	3.06	2.58	2.47	2.59	2.86	2.72
Price/Sales Low	0.75	0.88	0.97	0.99	1.34	1.54	1.76	1.71	2.06	2.11	2.11	1.83	2	2.22	2.34
Price/Cash Flow	4.79	5.06	5	6.65	6.14	7.12	7.79	8.17	9.92	13.25	10.35	21.89	7.34	8.47	9.58
Price/Cash Flow Average	4.46	4.84	5.03	5.47	5.82	7.07	7.6	7.8	9.16	13.74	9.67	22.16	7.51	7.96	9.79
Price/Cash Flow High	4.79	5.2	5.53	6.65	6.45	7.87	8.27	8.85	10.29	15.39	10.38	24.87	8.37	9.08	10.38
Price/Cash Flow Low	4.18	4.45	4.5	4.79	5.28	6.05	6.78	6.92	7.63	10.59	8.52	18.39	6.47	7.04	8.93
Price/Free Cash Flow Average	4.91	5.19	5.38	5.81	6.26	7.59	8.17	8.56	9.9	15.36	10.45	25.34	13.04	8.54	10.83
Price/Free Cash Flow High	5.28	5.58	5.9	7.06	6.94	8.45	8.89	9.7	11.13	17.2	11.22	28.42	14.53	9.74	11.48
Price/Free Cash Flow Low	4.6	4.77	4.8	5.08	5.68	6.5	7.29	7.59	8.26	11.84	9.21	21.02	11.23	7.55	9.88
EV/Sales Average	1.91	2.17	2.29	2.34	2.92	3.34	3.55	3.64	4.47	4.79	4.15	3.94	4.5	4.8	4.81
EV/Sales High	1.97	2.24	2.39	2.59	3.08	3.55	3.72	3.9	4.77	5.12	4.33	4.21	4.76	5.15	4.96
EV/Sales Low	1.86	2.09	2.17	2.2	2.78	3.08	3.34	3.42	4.05	4.15	3.87	3.57	4.18	4.51	4.58
EV/EBITDA Average	8.02	8.46	8.48	9.14	9.76	10.35	10.53	11.94	14.06	13.51	13.47	14.43	13.9	13.23	13.54
EV/EBITDA High	8.28	8.75	8.88	10.11	10.31	10.98	11.05	12.79	15.03	14.45	14.05	15.41	14.72	14.2	13.97
EV/EBITDA Low	7.81	8.16	8.05	8.58	9.31	9.55	9.9	11.22	12.76	11.72	12.54	13.05	12.9	12.43	12.91
EV/EBIT Average	12.39	13.51	13.15	14.58	15.98	17.04	17.47	21.52	26.54	24.97	26.56	27.7	27.18	24.26	23.78
EV/EBIT High	12.78	13.96	13.77	16.12	16.87	18.08	18.32	23.05	28.37	26.7	27.7	29.58	28.79	26.04	24.54
EV/EBIT Low	12.06	13.02	12.48	13.69	15.23	15.72	16.41	20.22	24.08	21.66	24.73	25.06	25.23	22.79	22.67
Last Price	22.33	24.09	26.82	36.33	36.49	41.7	47.44	49.28	62.73	59.3	65.14	64.25	57.6	67.15	69.91
High Price	22.34	24.76	29.63	36.33	38.34	46.09	50.34	53.38	65.11	68.9	65.35	72.98	65.66	72.03	75.72
Enterprise Value Average	12,424	13,552	15,017	16,797	18,827	21,401	23,371	25,007	29,590	30,714	30,439	33,900	33,564	36,081	41,063
Enterprise Value High	12,823	14,005	15,721	18,568	19,872	22,704	24,518	26,790	31,628	32,846	31,742	36,209	35,552	38,727	42,380
Enterprise Value Low	12,095	13,058	14,251	15,769	17,943	19,739	21,963	23,496	26,854	26,640	28,345	30,673	31,163	33,885	39,147

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	254	264	266	275	277	279	282	283	284	289	290	291	294	299	306
Diluted Weighted Avg Shares	263	269	272	275	276	279	281	283	284	286	290	291	294	299	306
Basic Weighted Avg Shares	251	261	265	271	276	278	280	282	283	285	289	291	294	299	306
Revenue per Share	25.93	23.99	24.78	26.49	23.39	23.02	23.51	24.36	23.41	22.52	25.36	29.51	25.35	25.15	27.87
EBITDA per Share	6.18	6.14	6.68	6.78	6.99	7.44	7.93	7.42	7.43	7.98	7.82	8.07	8.2	9.13	9.9
Operating Income per Share	4	3.85	4.31	4.25	4.27	4.52	4.78	4.12	3.94	4.32	3.97	4.2	4.19	4.98	5.64
Basic EPS, GAAP	1.65	1.47	1.71	1.76	1.89	1.98	1.64	2.32	2.4	2.64	4.66	2.84	2.98	3.32	3.46
Basic EPS from Cont Ops	1.65	1.45	1.71	1.77	1.9	1.99	1.65	2.34	2.24	2.44	2.52	2.78	2.74	3.17	3.27
Diluted EPS, GAAP	1.58	1.42	1.66	1.73	1.89	1.97	1.64	2.32	2.38	2.63	4.66	2.84	2.98	3.32	3.46
Diluted EPS from Cont Ops	1.58	1.4	1.67	1.74	1.9	1.98	1.65	2.33	2.23	2.42	2.51	2.78	2.74	3.17	3.27
Dividend per Share	0.84	0.97	1.03	1.09	1.17	1.25	1.35	1.44	1.54	1.64	1.76	1.87	1.97	2.1	2.16
Cash Flow per Share	4.66	4.76	5.36	5.46	5.94	5.86	6.09	6.03	6.33	4.48	6.29	2.94	7.84	7.93	7.29
Free Cash Flow per Basic Share	4.45	4.57	5.15	5.22	5.53	5.47	5.68	5.52	5.88	4.02	5.83	2.57	4.52	7.4	6.6
Cash & Equivalents per Share	0.63	0.35	0.65	0.75	0.96	0.84	0.65	0.54	0.49	0.11	1.56	0.56	0.77	0.34	1.66
Book Value per Share	11.92	12.09	12.98	13.34	14.21	15.23	15.77	16.78	17.68	19.02	22.11	23.31	24.86	26.8	29.11
Tangible Book Value per Share	11.92	12.09	12.98	13.34	14.21	15.23	15.77	16.78	17.68	19.02	22.11	23.31	24.86	26.8	29.11