The Hershey Company Financial Ratios — HSY 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 (%)	71.49	69.79	62.12	55.36	41.82	80.73	92.05	101.77	73.28	64.36	59.2	54.31	50.33	50.4	18.89
Return on Assets (%)	14.49	14.43	16.23	15.43	9.35	13.25	14.14	17.77	14.51	14.81	15.12	15.4	16.29	17.88	6.62
Return on Capital (%)	24.97	25.33	26.95	24.84	15.6	21.45	22.91	26.88	21.16	21.27	20.79	21.33	22.68	24.53	10.19
Return on Invested Capital (%)	24.86	25.25	26.52	24.53	16.41	22.51	23.3	27.68	21.92	22.92	22.25	23.5	24.92	26.83	10.18
Gross Margin (%)	41.64	43.04	45.91	44.95	45.79	42.6	45.98	45.89	45.36	45.42	45.13	43.18	44.76	47.32	33.55
EBITDA Margin (%)	20.9	19.88	21.54	21.61	17.36	20.93	20.96	24.63	23.63	25.49	26.29	25.34	26.7	29.94	16.64
Operating Margin (%)	17.34	17.4	18.99	19.37	19.13	17.18	20.89	21.83	21.49	22.21	22.82	21.72	22.94	26.13	12.5
Incremental Operating Margin (%)	15.96	18.09	39.98	29.44	69.76	- -	387.6	47.38	8.22	57.38	28.83	14.89	40.03	981.89	- -
Pretax Margin (%)	15.83	15.29	17.51	17.6	12.21	14.78	14.78	18.1	17.29	18.34	20.03	18.4	19.45	22.08	10.38
Profit Margin (%)	10.34	9.95	11.48	11.41	6.94	9.68	10.42	15.11	14.4	15.69	16.47	15.79	16.68	19.83	7.55
Net Income to Common Margin (%)	10.34	9.95	11.48	11.41	6.94	9.68	10.42	15.11	14.4	15.69	16.47	15.79	16.68	19.83	7.55
Effective Tax Rate (%)	34.68	34.92	34.43	35.15	43.12	34.51	31.88	16.95	16.95	14.69	17.49	14.2	14.28	10.21	27.26
Dvd Payout Ratio (%)	48.35	51.63	48	52	92.82	69.37	72.08	48.3	53.36	50.37	46.1	47.12	47.75	48.84	122.87
Sustainable Growth Rate (%)	36.93	33.76	32.3	26.57	3	24.73	25.7	52.61	34.18	31.94	31.91	28.72	26.29	25.79	-4.32

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	1,888	1,907	1,962	2,178	2,421	2,980	2,920	4,458	4,480	4,821	5,376	5,118	5,126	5,448	5,739
ST Debt	140	376	167	636	863	633	859	1,203	765	549	979	1,479	1,059	1,953	771
LT Debt	1,749	1,531	1,795	1,542	1,557	2,347	2,061	3,254	3,715	4,272	4,398	3,639	4,066	3,495	4,967
Total Debt/EBITDA	1.49	1.44	1.27	1.36	1.89	1.91	1.85	2.32	2.37	2.32	2.28	1.94	1.72	1.62	2.95
Net Debt/EBITDA	0.94	0.89	0.55	1.12	1.62	1.72	1.61	2.02	1.96	1.63	1.96	1.61	1.45	1.28	2.26
Total Debt/EBIT	1.79	1.72	1.47	1.56	2.33	2.37	2.22	2.75	2.81	2.7	2.63	2.26	2	1.88	3.98
Net Debt/EBIT	1.13	1.06	0.63	1.29	2	2.14	1.93	2.38	2.31	1.9	2.27	1.88	1.69	1.48	3.05
EBITDA to Interest Expense	13.41	13.41	16.82	18.31	15.84	16.93	15.74	13.07	12.41	13.54	18.17	18.84	18.45	19.24	8.65
EBITDA-CapEx/Interest Expense	13.16	13.41	16.82	18.31	15.84	16.93	15.74	13.07	12.41	13.54	18.17	18.84	18.45	19.24	8.33
EBIT to Interest Expense	11.12	11.74	14.83	16.41	17.45	13.9	15.69	11.58	11.28	11.8	15.77	16.15	15.86	16.79	6.5
Interest Expense	95	99	92	88	81	92	100	147	152	153	130	140	162	174	225
Common Equity/Total Assets	19.45	21.8	29.95	25.88	18.67	14.23	16.48	18.16	21.37	24.47	26.48	30.14	34.44	36.42	33.74
Long-Term Debt/Equity (%)	198.48	146.03	111.08	101.5	148.65	283.62	221.24	231.25	212.89	190.88	159.49	110.28	99.2	74.13	107.13
Long-Term Debt/Capital (%)	63.14	51.81	50.17	41.71	44.9	61.65	53.5	55.49	59.68	60.51	54.07	43.23	44.08	34.39	47.87
Long-Term Debt/Total Assets (%)	39.67	32.2	33.51	27.43	29.14	42.49	37.11	42.25	45.64	46.78	42.23	33.23	34.16	26.99	36.15
Total Debt/Equity (%)	214.34	181.89	121.41	143.32	231.08	360.06	313.5	316.76	256.73	215.43	194.98	155.11	125.04	115.55	123.76
Total Debt/Capital (%)	68.19	64.52	54.83	58.9	69.8	78.26	75.82	76.01	71.97	68.3	66.1	60.8	55.56	53.61	55.31
Total Debt/Total Assets (%)	42.84	40.1	36.62	38.73	45.29	53.95	52.59	57.87	55.03	52.79	51.63	46.74	43.06	42.08	41.76
Net Debt to Equity	135.59	112.42	52.2	118.65	198	324.18	272.69	274.97	211.67	151.16	168.07	128.93	105.77	91.15	94.97
Net Debt/Capital (%)	57.55	52.92	34.3	54.27	66.44	76.43	73.17	73.33	64.44	57.19	59.38	53.48	49.14	45.57	46.6
EBITDA	1,271	1,321	1,539	1,604	1,283	1,557	1,575	1,919	1,887	2,078	2,359	2,640	2,981	3,353	1,945
EBITDA-CapEx	1,247	1,321	1,539	1,604	1,283	1,557	1,575	1,919	1,887	2,078	2,359	2,640	2,981	3,353	1,872
Operating Income (Loss)	1,054	1,156	1,357	1,438	1,413	1,278	1,570	1,700	1,717	1,810	2,047	2,263	2,561	2,927	1,462

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	0.59	0.5	0.79	0.24	0.16	0.16	0.18	0.24	0.25	0.6	0.13	0.14	0.13	0.19	0.31
Current Ratio	1.74	1.44	1.77	1.16	0.83	0.95	0.96	0.93	1.05	1.57	0.9	0.8	0.97	0.96	1.19
Quick Ratio	0.93	0.81	1.13	0.55	0.43	0.46	0.47	0.49	0.53	0.93	0.4	0.36	0.41	0.39	0.55
CFO/Avg Current Liab	0.48	0.83	0.83	0.51	0.6	0.49	0.63	0.71	0.8	0.87	0.95	0.81	0.74	0.73	0.66
Common Equity/Total Assets	19.45	21.8	29.95	25.88	18.67	14.23	16.48	18.16	21.37	24.47	26.48	30.14	34.44	36.42	33.74
Long-Term Debt/Equity (%)	198.48	146.03	111.08	101.5	148.65	283.62	221.24	231.25	212.89	190.88	159.49	110.28	99.2	74.13	107.13
Long-Term Debt/Capital (%)	63.14	51.81	50.17	41.71	44.9	61.65	53.5	55.49	59.68	60.51	54.07	43.23	44.08	34.39	47.87
Long-Term Debt/Total Assets (%)	39.67	32.2	33.51	27.43	29.14	42.49	37.11	42.25	45.64	46.78	42.23	33.23	34.16	26.99	36.15
Total Debt/Equity (%)	214.34	181.89	121.41	143.32	231.08	360.06	313.5	316.76	256.73	215.43	194.98	155.11	125.04	115.55	123.76
Total Debt/Capital (%)	68.19	64.52	54.83	58.9	69.8	78.26	75.82	76.01	71.97	68.3	66.1	60.8	55.56	53.61	55.31
Total Debt/Total Assets (%)	42.84	40.1	36.62	38.73	45.29	53.95	52.59	57.87	55.03	52.79	51.63	46.74	43.06	42.08	41.76
CFO/Total Liabilities	16.67	29.54	31.84	20.58	29.24	21.58	27.03	25.41	27.58	24.65	27.21	30.43	29.77	30.75	25.01
CFO/CapEx	24.9	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	30.94
Altman's Z-Score	6.93	7.23	8.01	8.07	7.47	7.7	8.2	6.63	6.24	5.97	6.61	7.42	6.6	6.1	5.56

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	15.4	15.44	15.22	13.81	12.35	12.61	12.85	13.18	13.74	13.77	13.94	15.07	14.55	13.8	15.28
Days Sales Outstanding	23.7	23.65	23.99	26.43	29.55	28.96	28.4	27.7	26.57	26.51	26.17	24.22	25.09	26.46	23.88
Inventory Turnover	6	5.9	5.98	5.59	5.16	5.71	5.42	5.48	5.45	5	5.04	5.48	4.91	4.55	5.79
Days Inventory Outstanding	60.81	61.83	61.04	65.24	70.74	63.96	67.36	66.57	66.92	73	72.39	66.63	74.4	80.25	63.03
Accounts Payable Turnover	8.82	8.74	8.61	8.96	8.27	8.56	7.78	8.28	8.34	8.13	7.78	7.34	7.91	8.08	9.69
Accounts Payable Turnover Days	41.37	41.74	42.37	40.74	44.14	42.65	46.92	44.06	43.74	44.89	46.94	49.71	46.12	45.15	37.65
Cash Conversion Cycle	43.14	43.74	42.66	50.94	56.15	50.26	48.84	50.2	49.75	54.62	51.63	41.14	53.36	61.56	49.26
Inventory to Cash Days	-37.12	-38.19	-37.05	-38.81	-41.19	-35	-38.96	-38.87	-40.35	-46.5	-46.22	-42.41	-49.31	-53.8	-39.15
Inventories	649	633	660	801	751	746	753	785	815	964	989	1,173	1,341	1,254	1,429
Raw Materials	242	257	227	378	353	315	225	237	271	389	395	373	481	478	762
Work In Process	92	78	80	64	68	88	94	107	99	105	110	137	192	205	294
Finished Goods	482	497	518	532	535	529	615	619	615	646	649	855	949	991	1,075
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	13,958	16,083	21,623	23,478	19,703	22,073	24,266	15,871	30,879	31,767	39,508	48,009	37,454	34,556	36,669
- Cash & Cash Equivalents	694	728	1,119	375	347	297	380	588	493	1,144	329	464	402	731	926
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	24	12	11	64	49	42	16	9	6	4	- -	- -	- -	- -	- -
+ Total Debt	1,888	1,907	1,962	2,178	2,421	2,980	2,920	4,458	4,480	4,821	5,376	5,118	5,126	5,448	5,739
Enterprise Value	15,176	17,273	22,478	25,248	21,827	24,798	26,822	19,749	34,871	35,448	44,555	52,664	42,177	39,273	41,482
Total Capital	2,769	2,955	3,578	3,697	3,468	3,808	3,852	5,865	6,225	7,059	8,133	8,418	9,225	10,162	10,375
Total Debt/Capital (%)	68.19	64.52	54.83	58.9	69.8	78.26	75.82	76.01	71.97	68.3	66.1	60.8	55.56	53.61	55.31
Total Debt / EV	0.12	0.11	0.09	0.09	0.11	0.12	0.11	0.23	0.13	0.14	0.12	0.1	0.12	0.14	0.14
EV/Sales	2.5	2.6	3.15	3.4	2.95	3.33	3.57	2.53	4.37	4.35	4.97	5.05	3.78	3.51	3.55
EV/EBITDA	11.94	13.07	14.6	15.74	17.02	15.93	17.03	10.29	18.47	17.06	18.89	19.95	14.15	11.71	21.32
EV/EBIT	14.38	15.55	16.8	18.13	21.03	19.76	20.42	12.16	21.85	19.88	21.8	23.29	16.47	13.55	28.78
EV/Cash Flow to Firm	23.36	14.9	17.96	28.02	16.76	23.1	20.36	11.47	18.45	19.36	20.34	21.51	17.13	14.61	16.99
EV/Free Cash Flow to Firm	24.24	14.9	17.96	28.02	16.76	23.1	20.36	11.47	18.45	19.36	20.34	21.51	17.13	14.61	17.52
Diluted Market Cap	14,250	16,410	21,942	23,881	20,055	22,390	24,597	22,456	40,118	41,195	39,824	48,387	37,665	34,745	36,766
Diluted Enterprise Value	15,469	17,600	22,797	25,651	22,179	25,115	27,154	26,334	44,111	44,876	44,871	53,041	42,389	39,462	41,579
EV per Share	67.39	77.19	100.39	114.22	100.69	116.83	127.2	132.44	166.98	170.24	216.17	256.94	206.35	194.05	204.5
TTM Sales	6,081	6,644	7,146	7,422	7,387	7,440	7,515	7,791	7,986	8,150	8,971	10,419	11,165	11,202	11,693
TTM EBITDA	1,271	1,321	1,539	1,604	1,283	1,557	1,575	1,919	1,887	2,078	2,359	2,640	2,981	3,353	1,945
TTM Operating Income	1,054	1,156	1,357	1,438	1,413	1,278	1,570	1,700	1,717	1,810	2,047	2,263	2,561	2,927	1,462
TTM Cash Flow to Firm	650	1,159	1,251	901	1,302	1,074	1,318	1,722	1,890	1,831	2,190	2,448	2,462	2,688	2,441
TTM Free Cash Flow to Firm	626	1,159	1,251	901	1,302	1,074	1,318	1,722	1,890	1,831	2,190	2,448	2,462	2,688	2,367

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	25.25	14.99	18.42	28.28	15.96	22.09	19.69	14.04	22.74	24.24	19.12	20.79	16.21	13.72	16.68
EV/EBIT	14.38	15.55	16.8	18.13	21.03	19.76	20.42	12.16	21.85	19.88	21.8	23.29	16.47	13.55	28.78
Enterprise Value	15,176	17,273	22,478	25,248	21,827	24,798	26,822	19,749	34,871	35,448	44,555	52,664	42,177	39,273	41,482
Low Price	46.04	58.81	71.71	88.66	83.32	83.1	102.58	89.65	104.05	113.03	144.93	191.99	181.7	169.88	141.59
EV/Sales	2.5	2.6	3.15	3.4	2.95	3.33	3.57	2.53	4.37	4.35	4.97	5.05	3.78	3.51	3.55
EV/EBITDA	11.94	13.07	14.6	15.74	17.02	15.93	17.03	10.29	18.47	17.06	18.89	19.95	14.15	11.71	21.32
Price/Earnings	22.33	24.47	26.39	27.91	38.82	30.93	31.2	18.98	26.94	24.87	26.82	29.27	20.15	15.6	41.53
Price/Earnings Average	19.98	23.06	24.46	25.59	40.52	28.81	29.41	17.91	24.38	23.34	23.68	27.34	25.06	17.38	39.79
Price/Earnings High	22.33	25.56	27.57	28.4	47.31	33.81	31.64	20.44	29.6	26.2	26.82	30.33	30.46	19.25	44.67
Price/Earnings Low	16.58	20.02	19.59	23.3	35.59	24.71	27.81	15.99	18.96	18.43	20.28	23.99	19.98	15.52	32.52
Price/Book Value	16.28	15.51	13.47	16.14	19.74	28.09	26.51	11.35	17.75	14.22	14.33	14.55	9.14	7.33	7.91
Price/Book Value Average	14.57	14.62	12.49	14.8	20.61	26.16	24.99	10.71	16.07	13.34	12.65	13.59	11.36	8.17	7.58
Price/Book Value High	16.28	16.2	14.08	16.42	24.06	30.71	26.89	12.22	19.51	14.98	14.33	15.08	13.81	9.04	8.51
Price/Book Value Low	12.09	12.69	10	13.47	18.1	22.45	23.63	9.56	12.49	10.53	10.83	11.93	9.06	7.29	6.19
Price/Tangible Book Value	61.04	68.72	27.85	77.23	-147.52	-35.92	-63.9	-8.78	-17.73	-25.69	-18.17	-30.12	-44.78	-148.92	-30.91
Price/Tangible Book Value Average	54.63	64.78	25.81	70.81	-153.97	-33.46	-60.23	-8.29	-16.04	-24.1	-16.05	-28.14	-55.69	-165.93	-29.62
Price/Tangible Book Value High	61.04	71.78	29.09	78.57	-179.77	-39.27	-64.81	-9.46	-19.48	-27.06	-18.17	-31.21	-67.68	-183.73	-33.25
Price/Tangible Book Value Low	45.34	56.23	20.67	64.46	-135.24	-28.7	-56.96	-7.4	-12.47	-19.03	-13.74	-24.69	-44.4	-148.16	-24.21
Price/Sales	2.31	2.43	3.03	3.19	2.7	2.99	3.25	2.87	3.88	3.9	4.42	4.62	3.36	3.09	3.14
Price/Sales Average	2.07	2.29	2.81	2.92	2.81	2.79	3.06	2.71	3.51	3.66	3.9	4.32	4.18	3.45	3.01
Price/Sales High	2.31	2.54	3.17	3.24	3.29	3.27	3.3	3.09	4.26	4.11	4.42	4.79	5.08	3.82	3.37
Price/Sales Low	1.72	1.99	2.25	2.66	2.47	2.39	2.9	2.42	2.73	2.89	3.34	3.79	3.33	3.08	2.46
Price/Cash Flow	23.89	14.77	18.17	28	15.85	21.97	19.55	13.97	17.56	18.71	19.03	20.68	16.15	13.69	16.11
Price/Cash Flow Average	21.38	13.92	16.84	25.67	16.54	20.47	18.43	13.18	15.89	17.56	16.8	19.32	20.08	15.25	15.43
Price/Cash Flow High	23.89	15.43	18.99	28.48	19.32	24.02	19.83	15.04	19.29	19.71	19.03	21.43	24.41	16.89	17.33
Price/Cash Flow Low	17.74	12.09	13.49	23.37	14.53	17.56	17.42	11.77	12.36	13.86	14.38	16.95	16.01	13.62	12.61
Price/Free Cash Flow Average	22.6	14.13	17.07	25.93	16.66	20.58	18.56	13.24	20.58	22.75	16.88	19.42	20.16	15.29	15.99
Price/Free Cash Flow High	25.25	15.66	19.24	28.77	19.45	24.15	19.97	15.11	24.99	25.54	19.12	21.54	24.51	16.93	17.95
Price/Free Cash Flow Low	18.76	12.26	13.67	23.61	14.63	17.65	17.55	11.82	16	17.96	14.46	17.04	16.08	13.65	13.07
EV/Sales Average	2.25	2.46	2.92	3.14	3.07	3.13	3.38	2.42	4	4.11	4.45	4.75	4.59	3.86	3.42
EV/Sales High	2.5	2.71	3.28	3.46	3.54	3.61	3.62	2.69	4.75	4.56	4.97	5.22	5.49	4.23	3.79
EV/Sales Low	1.91	2.16	2.37	2.88	2.73	2.74	3.22	2.21	3.22	3.34	3.89	4.22	3.75	3.49	2.87
EV/EBITDA Average	10.79	12.38	13.58	14.53	17.69	14.96	16.14	9.82	16.92	16.12	16.93	18.75	17.21	12.89	20.54
EV/EBITDA High	11.94	13.62	15.23	16	20.38	17.25	17.25	10.93	20.09	17.88	18.89	20.61	20.58	14.12	22.75
EV/EBITDA Low	9.12	10.86	10.99	13.32	15.74	13.08	15.35	8.99	13.63	13.1	14.8	16.67	14.04	11.66	17.24
EV/EBIT Average	13	14.71	15.62	16.73	21.86	18.55	19.36	11.61	20.01	18.79	19.54	21.89	20.03	14.91	27.71
EV/EBIT High	14.38	16.19	17.52	18.43	25.18	21.4	20.69	12.91	23.76	20.84	21.8	24.06	23.95	16.34	30.7
EV/EBIT Low	10.98	12.91	12.64	15.35	19.45	16.22	18.42	10.62	16.12	15.27	17.09	19.46	16.35	13.49	23.26
Last Price	61.98	71.87	96.58	106.21	90.89	103.99	115.08	106.43	147.87	152.56	191.68	234.23	183.24	170.75	180.78
High Price	61.98	75.07	100.91	108.06	110.77	113.69	116.73	114.6	162.45	160.73	191.68	242.7	276.97	210.67	194.46
Enterprise Value Average	13,711	16,350	20,897	23,299	22,689	23,285	25,431	18,852	31,933	33,492	39,933	49,498	51,301	43,222	39,947
Enterprise Value High	15,176	17,990	23,447	25,656	26,135	26,857	27,170	20,966	37,916	37,149	44,555	54,399	61,335	47,353	44,258
Enterprise Value Low	11,586	14,350	16,909	21,368	20,186	20,364	24,187	17,246	25,720	27,217	34,918	44,004	41,863	39,098	33,532

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	225	224	224	221	217	212	211	149	209	208	206	205	204	202	203
Diluted Weighted Avg Shares	230	228	227	225	221	215	214	211	271	270	208	207	206	203	203
Basic Weighted Avg Shares	227	225	224	223	219	214	212	210	209	208	207	206	205	203	203
Revenue per Share	26.84	29.53	31.88	33.35	33.71	34.74	35.41	37.1	38.13	39.1	43.4	50.69	54.53	55.19	57.63
EBITDA per Share	5.61	5.87	6.87	7.21	5.85	7.27	7.42	9.14	9.01	9.97	11.41	12.84	14.56	16.52	9.59
Operating Income per Share	4.65	5.14	6.05	6.46	6.45	5.97	7.4	8.1	8.2	8.68	9.9	11.01	12.51	14.42	7.21
Basic EPS, GAAP	2.78	2.94	3.66	3.81	2.34	3.36	3.69	5.61	5.49	6.13	7.15	8	9.09	10.94	4.35
Basic EPS from Cont Ops	2.78	2.94	3.66	3.81	2.34	3.36	3.56	5.58	5.47	6.12	7.17	8	9.09	10.94	4.35
Diluted EPS, GAAP	2.74	2.89	3.61	3.77	2.32	3.34	3.66	5.58	4.24	4.74	7.11	7.96	9.06	10.92	4.34
Diluted EPS from Cont Ops	2.74	2.89	3.61	3.77	2.32	3.34	3.54	5.55	4.23	4.72	7.14	7.96	9.06	10.92	4.34
Dividend per Share	1.34	1.52	1.76	1.98	2.17	2.33	2.48	2.68	2.91	3.07	3.32	3.77	4.34	5.34	5.35
Cash Flow per Share	2.59	4.87	5.31	3.79	5.73	4.73	5.89	7.62	8.42	8.15	10.08	11.33	11.35	12.47	11.22
Free Cash Flow per Basic Share	2.49	4.87	5.31	3.79	5.73	4.73	5.89	7.62	8.42	8.15	10.08	11.33	11.35	12.47	10.86
Cash & Equivalents per Share	3.08	3.25	5	2.14	1.6	1.4	1.8	3.94	2.36	5.49	1.6	2.26	1.97	3.61	4.56
Book Value per Share	3.81	4.63	7.17	6.58	4.6	3.7	4.34	9.38	8.33	10.73	13.38	16.1	20.05	23.3	22.86
Tangible Book Value per Share	1.02	1.05	3.47	1.38	-0.62	-2.9	-1.8	-12.12	-8.34	-5.94	-10.55	-7.78	-4.09	-1.15	-5.85