Gartner, Inc. Financial Ratios — GGRA 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 (%)	74.23	67.93	54.73	70.34	- -	- -	0.63	13.35	26.08	26.29	108.6	269.78	194.28	122.93	86.86
Return on Assets (%)	10.27	11.06	10.74	9.97	8.62	8.54	0.07	1.82	3.49	3.69	10.77	10.98	11.66	15.32	8.78
Return on Capital (%)	36.63	38.7	35.24	33.91	30.37	28.66	- -	5.42	8.74	9.07	23.58	25.89	27.59	34.26	20.78
Return on Invested Capital (%)	35.67	37.84	34.43	33.25	29.23	27.31	- -	4.55	8.49	9.93	19.48	24.1	25.82	25.4	18.97
Gross Margin (%)	58.55	59.21	60.01	60.53	61.21	61.32	60.13	63.05	63.48	67.19	69.5	69.07	67.78	67.72	68.39
EBITDA Margin (%)	16.76	17.05	17.37	16.11	15.49	15.02	7.06	12.96	13.71	17.3	23.83	23.6	24.17	21.68	18.87
Operating Margin (%)	14.58	15.36	15.46	15.24	14.52	14.23	4.59	9.23	8.94	12.11	19.47	20.26	18.81	18.46	18.1
Incremental Operating Margin (%)	31.58	23.14	16.45	13.57	4.34	11.93	- -	32.35	4.68	- -	67.03	25.26	0.44	12.81	8.03
Pretax Margin (%)	13.77	14.58	14.93	13.59	12.58	11.8	-3.86	4.56	6.5	7.96	20.49	18.76	19.42	22.14	14.9
Profit Margin (%)	9.32	10.27	10.25	9.09	8.12	7.92	0.1	3.08	5.5	6.51	16.76	14.75	14.94	20	11.22
Net Income to Common Margin (%)	9.32	10.27	10.25	9.09	8.12	7.92	0.1	3.08	5.5	6.51	16.76	14.75	14.94	20	11.22
Effective Tax Rate (%)	32.29	29.58	31.39	33.1	35.48	32.88	- -	32.39	15.39	18.21	18.18	21.36	23.07	9.63	24.68
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	74.23	67.93	54.73	70.34	- -	- -	0.63	13.35	26.08	26.29	108.6	269.78	194.28	122.93	86.86

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	200	205	205	405	819	732	3,395	2,447	3,093	2,843	3,250	3,158	3,070	2,900	3,348
ST Debt	50	90	69	20	35	30	380	166	216	105	96	108	108	100	101
LT Debt	150	115	136	385	784	702	3,015	2,281	2,876	2,738	3,155	3,051	2,962	2,800	3,247
Total Debt/EBITDA	0.81	0.74	0.66	1.24	2.44	2	14.52	4.75	5.32	4.01	2.88	2.44	2.15	2.13	2.73
Net Debt/EBITDA	0.23	-0.34	-0.71	0.12	1.33	0.6	11.72	4.12	3.27	1.79	1.51	1.36	0.8	0.39	1.03
Total Debt/EBIT	0.93	0.83	0.74	1.42	2.84	2.4	-536.37	9.42	8.36	5.8	3.55	2.87	2.48	2.51	3.26
Net Debt/EBIT	0.27	-0.39	-0.79	0.14	1.55	0.72	-432.92	8.18	5.14	2.58	1.86	1.6	0.92	0.46	1.23
EBITDA to Interest Expense	21.94	27.81	29.84	26.47	14.86	13.32	1.83	4.06	5.66	6.13	9.52	10.24	10.76	10.37	9.79
EBITDA-CapEx/Interest Expense	18.2	23.34	26.32	23.34	12.82	11.51	0.96	3.06	4.21	5.41	9.01	9.38	9.98	9.59	8.87
EBIT to Interest Expense	19.09	25.05	26.55	25.04	13.93	12.62	1.19	2.89	3.69	4.29	7.78	8.79	8.37	8.83	9.38
Interest Expense	11	10	10	12	23	28	128	127	103	116	119	126	133	131	125
Common Equity/Total Assets	13.17	18.92	20.26	8.46	-6.11	2.57	13.5	13.72	13.12	14.9	5	3.12	8.69	15.93	3.96
Long-Term Debt/Equity (%)	82.52	37.5	37.71	238.88	- -	1,153.84	306.57	268.17	306.46	251.14	850.16	1,339.29	435.2	205.99	1,014.94
Long-Term Debt/Capital (%)	39.29	22.48	24.06	68	114.19	88.54	68.86	69.18	71.35	69.62	87.11	90.1	78.97	65.73	88.52
Long-Term Debt/Total Assets (%)	10.87	7.09	7.64	20.22	36.15	29.67	41.4	36.79	40.22	37.43	42.54	41.79	37.8	32.8	40.16
Total Debt/Equity (%)	110.02	66.85	56.74	251.29	-618.45	1,203.12	345.18	287.63	329.5	260.72	875.95	1,386.49	451.08	213.37	1,046.54
Total Debt/Capital (%)	52.39	40.06	36.2	71.53	119.29	92.33	77.54	74.2	76.72	72.28	89.75	93.27	81.85	68.09	91.28
Total Debt/Total Assets (%)	14.49	12.64	11.49	21.27	37.76	30.94	46.61	39.46	43.25	38.86	43.83	43.27	39.18	33.98	41.41
Net Debt to Equity	31.5	-30.93	-60.61	24.63	-336.75	361.64	278.6	249.82	202.73	116.12	459.84	774.11	167.39	38.76	393.6
Net Debt/Capital (%)	23.95	-44.78	-153.87	19.76	142.24	69	71.37	67.65	50.73	39.31	59.56	65.6	46.85	22.65	64.73
EBITDA	246	275	310	326	335	367	234	515	582	709	1,128	1,292	1,428	1,359	1,226
EBITDA-CapEx	204	231	273	287	289	317	123	388	433	625	1,068	1,184	1,325	1,257	1,111
Operating Income (Loss)	214	248	276	308	314	348	152	367	380	496	922	1,109	1,111	1,157	1,176

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	0.15	0.28	0.37	0.3	0.28	0.32	0.19	0.06	0.1	0.24	0.22	0.19	0.35	0.49	0.42
Current Ratio	0.77	0.87	0.94	0.9	0.86	0.92	0.92	0.69	0.71	0.79	0.78	0.77	0.91	1.06	1
Quick Ratio	0.61	0.71	0.79	0.75	0.72	0.77	0.61	0.54	0.56	0.66	0.63	0.63	0.77	0.91	0.84
CFO/Avg Current Liab	0.3	0.28	0.28	0.29	0.27	0.26	0.12	0.17	0.21	0.31	0.41	0.32	0.31	0.38	0.32
Common Equity/Total Assets	13.17	18.92	20.26	8.46	-6.11	2.57	13.5	13.72	13.12	14.9	5	3.12	8.69	15.93	3.96
Long-Term Debt/Equity (%)	82.52	37.5	37.71	238.88	- -	1,153.84	306.57	268.17	306.46	251.14	850.16	1,339.29	435.2	205.99	1,014.94
Long-Term Debt/Capital (%)	39.29	22.48	24.06	68	114.19	88.54	68.86	69.18	71.35	69.62	87.11	90.1	78.97	65.73	88.52
Long-Term Debt/Total Assets (%)	10.87	7.09	7.64	20.22	36.15	29.67	41.4	36.79	40.22	37.43	42.54	41.79	37.8	32.8	40.16
Total Debt/Equity (%)	110.02	66.85	56.74	251.29	-618.45	1,203.12	345.18	287.63	329.5	260.72	875.95	1,386.49	451.08	213.37	1,046.54
Total Debt/Capital (%)	52.39	40.06	36.2	71.53	119.29	92.33	77.54	74.2	76.72	72.28	89.75	93.27	81.85	68.09	91.28
Total Debt/Total Assets (%)	14.49	12.64	11.49	21.27	37.76	30.94	46.61	39.46	43.25	38.86	43.83	43.27	39.18	33.98	41.41
CFO/Total Liabilities	21.33	21.28	22.19	19.89	15.02	15.85	4.04	8.81	9.1	14.51	18.63	15.57	16.15	20.69	16.62
CFO/CapEx	6.09	6.31	8.65	9.01	7.49	7.33	2.3	3.71	3.79	10.77	21.94	10.19	11.21	14.6	11.21
Altman's Z-Score	5.06	5.16	6.02	6.21	5.67	5.89	3.02	4.26	3.54	3.66	5.32	5.86	6.55	6.77	5.33

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	- -	3.65	3.74	3.88	3.82	4	3.64	3.27	3.29	3.19	3.63	3.75	3.74	3.8	3.84
Days Sales Outstanding	- -	99.96	97.67	94.17	95.58	91.36	100.29	111.64	110.96	114.3	100.49	97.38	97.57	96.02	94.96
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
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	3,264	4,208	6,493	7,475	7,569	8,410	11,337	11,367	13,783	14,209	27,630	26,883	35,238	37,756	17,839
- Cash & Cash Equivalents	143	300	424	365	373	474	539	156	281	713	756	698	1,319	1,933	1,723
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	200	205	205	405	819	732	3,395	2,447	3,093	2,843	3,250	3,158	3,070	2,900	3,348
Enterprise Value	3,321	4,113	6,274	7,515	8,015	8,668	14,193	13,657	16,594	16,340	30,124	29,343	36,990	38,722	19,465
Total Capital	382	512	566	566	686	793	4,378	3,298	4,031	3,933	3,621	3,386	3,751	4,259	3,668
Total Debt/Capital (%)	52.39	40.06	36.2	71.53	119.29	92.33	77.54	74.2	76.72	72.28	89.75	93.27	81.85	68.09	91.28
Total Debt / EV	0.06	0.05	0.03	0.05	0.1	0.08	0.24	0.18	0.19	0.17	0.11	0.11	0.08	0.07	0.17
EV/Sales	2.26	2.55	3.52	3.72	3.71	3.55	4.29	3.44	3.91	3.99	6.36	5.36	6.26	6.18	3
EV/EBITDA	13.49	14.93	20.24	23.08	23.92	23.61	60.7	26.5	28.52	23.04	26.7	22.71	25.9	28.5	15.88
EV/EBIT	15.52	16.74	22.78	26.26	27.83	28.41	- -	52.59	44.84	33.34	32.9	26.67	29.91	33.49	18.98
EV/Cash Flow to Firm	12.62	14.34	19.44	21.17	22.26	22.56	- -	24.52	25.43	16.37	21.37	24.44	29.41	24.15	14.06
EV/Free Cash Flow to Firm	15.01	16.96	21.92	23.74	25.53	25.93	- -	31.76	32.96	17.88	22.32	26.86	32.03	25.79	15.33
Diluted Market Cap	3,456	4,319	6,696	7,748	7,819	8,529	11,208	11,673	14,063	14,397	28,898	27,526	35,842	38,223	19,037
Diluted Enterprise Value	3,514	4,225	6,477	7,788	8,265	8,787	14,064	13,964	16,875	16,528	31,392	29,986	37,594	39,190	20,662
EV per Share	35.58	44.05	68.22	85.86	97.34	104.87	156.27	152.25	186.12	183.92	365.6	370.62	472.18	500.42	274.73
TTM Sales	1,469	1,616	1,784	2,021	2,163	2,445	3,311	3,975	4,245	4,099	4,734	5,476	5,907	6,267	6,497
TTM EBITDA	246	275	310	326	335	367	234	515	582	709	1,128	1,292	1,428	1,359	1,226
TTM Operating Income	214	248	276	308	314	348	152	367	380	496	922	1,109	1,111	1,157	1,176
TTM Cash Flow to Firm	263	287	323	355	360	384	- -	557	652	998	1,409	1,201	1,258	1,603	1,385
TTM Free Cash Flow to Firm	221	242	286	317	314	334	- -	430	503	914	1,350	1,093	1,155	1,502	1,270

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	16.18	18.34	23.99	25.13	26.11	27.01	77.97	33.91	33.77	17.57	23.07	27.71	34.05	27.63	16.2
EV/EBIT	15.52	16.74	22.78	26.26	27.83	28.41	- -	52.59	44.84	33.34	32.9	26.67	29.91	33.49	18.98
Enterprise Value	3,321	4,113	6,274	7,515	8,015	8,668	14,193	13,657	16,594	16,340	30,124	29,343	36,990	38,722	19,465
Low Price	32.62	34.29	45.6	63.14	78.22	79.76	90.42	114.58	124.94	79.93	152.78	226.56	299.14	417.1	224.17
EV/Sales	2.26	2.55	3.52	3.72	3.71	3.55	4.29	3.44	3.91	3.99	6.36	5.36	6.26	6.18	3
EV/EBITDA	13.49	14.93	20.24	23.08	23.92	23.61	60.7	26.5	28.52	23.04	26.7	22.71	25.9	28.5	15.88
Price/Earnings	24.53	25.38	35.93	41.52	43.89	43.4	3,367.83	93.99	59.52	53.55	35.93	33.7	40.27	30.27	26.02
Price/Earnings Average	26.26	24.77	29.16	35.54	41.04	39.52	3,126.43	100.75	57	43.92	26.94	28.73	31.41	29.47	37.41
Price/Earnings High	30.07	29.1	36.12	42.45	45.72	44.68	3,528.94	118.46	65.9	55.5	36.35	35.02	42.01	33.76	56.6
Price/Earnings Low	22.88	19.31	23.2	30.7	37.34	34.02	2,439.56	84.98	48.1	26.76	16.37	22.49	26.78	25.88	23.16
Price/Book Value	17.96	13.72	17.97	46.38	-57.17	138.14	11.53	13.36	14.68	13.03	74.46	118.01	51.77	27.78	55.76
Price/Book Value Average	19.22	13.39	14.59	39.7	-53.46	125.8	10.7	14.32	14.06	10.69	55.83	100.59	40.38	27.04	80.17
Price/Book Value High	22.02	15.73	18.07	47.41	-59.55	142.22	12.08	16.84	16.26	13.51	75.34	122.64	54	30.98	121.31
Price/Book Value Low	16.75	10.44	11.61	34.29	-48.64	108.29	8.35	12.08	11.87	6.51	33.93	78.74	34.43	23.75	49.65
Price/Tangible Book Value	-9.78	-18.73	-39.59	-16.39	-8.02	-11.15	-3.44	-3.65	-4.71	-5.34	-8.39	-8.18	-12.77	-19.06	-6.47
Price/Tangible Book Value Average	-10.47	-18.28	-32.13	-14.03	-7.49	-10.15	-3.19	-3.91	-4.51	-4.38	-6.29	-6.97	-9.96	-18.55	-9.3
Price/Tangible Book Value High	-11.99	-21.47	-39.81	-16.75	-8.35	-11.48	-3.6	-4.6	-5.22	-5.53	-8.49	-8.5	-13.32	-21.26	-14.08
Price/Tangible Book Value Low	-9.12	-14.25	-25.57	-12.11	-6.82	-8.74	-2.49	-3.3	-3.81	-2.67	-3.82	-5.46	-8.49	-16.29	-5.76
Price/Sales	2.29	2.61	3.68	3.77	3.56	3.44	3.33	2.9	3.27	3.48	6.02	4.97	6.02	6.06	2.92
Price/Sales Average	2.45	2.54	2.99	3.23	3.33	3.13	3.1	3.1	3.13	2.86	4.52	4.24	4.69	5.89	4.2
Price/Sales High	2.8	2.99	3.7	3.86	3.71	3.54	3.49	3.65	3.62	3.61	6.09	5.17	6.28	6.75	6.35
Price/Sales Low	2.13	1.98	2.38	2.79	3.03	2.69	2.42	2.62	2.64	1.74	2.74	3.32	4	5.18	2.6
Price/Cash Flow	13.14	15.05	20.81	22	22.31	22.98	43.39	24.43	24.56	15.81	21.72	24.72	30.75	25.56	14.7
Price/Cash Flow Average	14.07	14.69	16.89	18.83	20.86	20.93	40.28	26.19	23.52	12.97	16.29	21.07	23.98	24.88	21.14
Price/Cash Flow High	16.11	17.25	20.92	22.49	23.24	23.66	45.46	30.79	27.19	16.39	21.98	25.69	32.07	28.5	31.99
Price/Cash Flow Low	12.26	11.45	13.44	16.27	18.98	18.01	31.43	22.09	19.85	7.9	9.9	16.49	20.45	21.85	13.09
Price/Free Cash Flow Average	17.32	17.9	19.47	21.51	24.42	24.6	72.38	36.35	32.34	14.41	17.3	23.62	26.56	26.9	23.29
Price/Free Cash Flow High	19.84	21.03	24.12	25.69	27.2	27.81	81.7	42.74	37.39	18.21	23.34	28.8	35.52	30.81	35.24
Price/Free Cash Flow Low	15.09	13.96	15.49	18.58	22.22	21.17	56.48	30.66	27.3	8.78	10.51	18.49	22.64	23.62	14.42
EV/Sales Average	2.42	2.48	2.83	3.18	3.48	3.24	4.04	3.64	3.77	3.36	4.9	4.63	4.95	6.02	4.2
EV/Sales High	2.76	2.93	3.54	3.8	3.85	3.65	4.45	4.18	4.26	4.11	6.43	5.55	6.52	6.87	6.22
EV/Sales Low	2.11	1.92	2.23	2.75	3.18	2.8	3.34	3.16	3.29	2.25	3.19	3.73	4.26	5.3	2.69
EV/EBITDA Average	14.43	14.56	16.3	19.77	22.45	21.56	57.22	28.09	27.52	19.44	20.57	19.64	20.47	27.76	22.25
EV/EBITDA High	16.49	17.16	20.36	23.59	24.86	24.29	63.01	32.25	31.06	23.77	26.99	23.53	26.97	31.7	32.98
EV/EBITDA Low	12.6	11.28	12.82	17.1	20.55	18.66	47.33	24.39	23.98	13.02	13.37	15.79	17.64	24.47	14.28
EV/EBIT Average	16.59	16.32	18.33	22.5	26.12	25.94	- -	55.74	43.26	28.12	25.34	23.07	23.63	32.62	26.59
EV/EBIT High	18.96	19.24	22.9	26.84	28.92	29.22	- -	63.98	48.83	34.39	33.25	27.63	31.13	37.25	39.42
EV/EBIT Low	14.49	12.64	14.43	19.45	23.91	22.45	- -	48.39	37.7	18.83	16.47	18.54	20.36	28.75	17.07
Last Price	34.97	45.07	70.61	85.41	91.93	101.75	124.83	126.71	154.59	159.94	335.33	339.54	449.83	487.92	251.79
High Price	42.88	51.66	70.99	87.31	95.75	104.76	130.8	159.71	171.17	165.76	339.3	352.87	469.22	544.08	547.76
Enterprise Value Average	3,552	4,011	5,051	6,438	7,523	7,916	13,380	14,475	16,011	13,785	23,208	25,375	29,233	37,716	27,273
Enterprise Value High	4,059	4,728	6,310	7,682	8,330	8,916	14,735	16,617	18,073	16,857	30,451	30,399	38,509	43,067	40,434
Enterprise Value Low	3,102	3,107	3,975	5,566	6,886	6,851	11,068	12,569	13,951	9,231	15,083	20,398	25,185	33,242	17,507

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	93	93	92	88	82	83	91	90	89	89	82	79	78	77	71
Diluted Weighted Avg Shares	99	96	95	91	85	84	90	92	91	90	86	81	80	78	76
Basic Weighted Avg Shares	96	93	93	89	84	83	88	91	90	89	85	80	79	78	75
Revenue per Share	15.29	17.29	19.18	22.63	25.8	29.61	37.43	43.77	47.27	45.9	55.68	68.3	74.77	80.57	86.22
EBITDA per Share	2.56	2.95	3.33	3.64	4	4.45	2.64	5.67	6.48	7.94	13.27	16.11	18.07	17.47	16.27
Operating Income per Share	2.23	2.66	2.97	3.45	3.75	4.21	1.72	4.04	4.23	5.56	10.84	13.83	14.06	14.88	15.6
Basic EPS, GAAP	1.43	1.78	1.97	2.06	2.09	2.34	0.04	1.35	2.6	2.99	9.33	10.08	11.17	16.12	9.68
Basic EPS from Cont Ops	1.43	1.78	1.97	2.06	2.09	2.34	0.04	1.35	2.6	2.99	9.33	10.08	11.17	16.12	9.68
Diluted EPS, GAAP	1.39	1.73	1.93	2.03	2.06	2.31	0.04	1.33	2.56	2.96	9.21	9.96	11.08	16	9.65
Diluted EPS from Cont Ops	1.39	1.73	1.93	2.03	2.06	2.31	0.04	1.33	2.56	2.96	9.21	9.96	11.08	16	9.65
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	2.66	2.99	3.39	3.88	4.12	4.43	2.88	5.19	6.3	10.11	15.44	13.74	14.63	19.09	17.12
Free Cash Flow per Basic Share	2.22	2.52	3	3.45	3.57	3.82	1.62	3.79	4.64	9.17	14.73	12.39	13.32	17.78	15.6
Cash & Equivalents per Share	1.53	3.21	4.61	4.17	4.53	5.74	5.93	1.74	3.15	8.02	9.18	8.82	16.84	24.98	24.31
Book Value per Share	1.95	3.28	3.93	1.84	-1.61	0.74	10.83	9.48	10.53	12.27	4.5	2.88	8.69	17.56	4.52
Tangible Book Value per Share	-3.58	-2.41	-1.78	-5.21	-11.47	-9.13	-36.29	-34.73	-32.8	-29.96	-39.99	-41.52	-35.21	-25.6	-38.92