Newell Brands Inc. Financial Ratios — NWL 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 (%)	6.68	20.87	23.33	19.26	19.05	8.01	21.56	-71.7	2.1	-17.43	15.49	5.13	-11.7	-7.37	-11.09
Return on Assets (%)	1.99	6.48	7.72	5.98	5.06	2.57	8.21	-27.3	0.64	-5.08	4.29	1.43	-3.05	-1.86	-2.62
Return on Capital (%)	4.93	11.53	13.36	10.42	9.06	3.75	- -	- -	- -	- -	8.41	- -	- -	- -	- -
Return on Invested Capital (%)	6.8	11.46	12.32	11.92	9.99	-4.3	- -	- -	- -	- -	8.34	- -	- -	- -	- -
Gross Margin (%)	38.12	38.02	37.9	38.47	38.96	32.36	34.11	34.65	33.13	32.81	31.76	29.96	28.93	33.61	33.76
EBITDA Margin (%)	8.61	14.55	13.8	13.28	13.07	8.01	12.02	-70.12	-0.37	-2.95	12.64	6.43	3.06	5.14	4.86
Operating Margin (%)	12.32	12.54	12.94	12.62	12.35	3.92	7.94	8.57	7.91	9.48	10.28	8.49	4.33	6.3	6.54
Incremental Operating Margin (%)	15.09	- -	35.33	- -	4.13	- -	26.45	1.61	23.23	- -	16.53	25.31	34.01	- -	1.85
Pretax Margin (%)	3.78	10.02	9.56	8.07	5.71	0.2	8.23	-78.71	-8.77	-10.72	7.18	1.66	-6.68	-3.43	-4.18
Profit Margin (%)	2.27	7.29	8.46	6.6	5.92	5.75	24.61	-68.37	1.1	-8.2	5.87	2.08	-4.77	-2.85	-3.96
Net Income to Common Margin (%)	2.27	7.29	8.46	6.6	5.92	5.75	24.61	-68.37	1.1	-8.2	5.87	2.08	-4.77	-2.85	-3.96
Effective Tax Rate (%)	10.22	29.26	22.38	19.28	23.17	303.72	- -	- -	- -	- -	18.16	- -	- -	- -	- -
Dvd Payout Ratio (%)	45.35	32.24	41.82	48.93	79.56	-857.96	17.61	-6.56	210.22	-50.91	63.34	195.43	-47.42	-54.63	-42.11
Sustainable Growth Rate (%)	3.65	14.14	13.57	9.84	3.89	76.77	17.77	-76.41	-2.32	-26.3	5.68	-4.9	-17.25	-11.39	-15.75

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	2,177	1,918	1,836	2,482	3,058	11,893	10,551	7,015	6,396	6,208	5,508	6,010	5,472	5,123	5,219
ST Debt	368	212	175	397	389	602	662	319	464	595	125	742	451	197	243
LT Debt	1,809	1,707	1,662	2,085	2,669	11,291	9,889	6,696	5,932	5,613	5,383	5,268	5,021	4,926	4,976
Total Debt/EBITDA	4.59	2.39	2.37	3.26	3.96	16.17	7.86	-0.99	-177.67	-22.41	4.12	9.88	21.98	13.14	14.91
Net Debt/EBITDA	4.23	2.16	2.08	3	3.6	15.38	7.5	-0.92	-149.28	-16.7	3.32	8.37	18.36	11.27	12.77
Total Debt/EBIT	6.95	3.01	2.99	4.1	5.08	39.9	14.93	-0.93	-13.27	-9.79	5.44	19.26	-64.38	76.46	133.82
Net Debt/EBIT	6.41	2.72	2.62	3.77	4.63	37.92	14.24	-0.86	-11.15	-7.3	4.39	16.31	-53.79	65.63	114.62
EBITDA to Interest Expense	5.37	9.97	12.42	11.83	8.77	- -	- -	-15.96	-0.12	-1.01	5.23	2.59	0.88	1.32	1.09
EBITDA-CapEx/Interest Expense	5.37	9.97	12.42	11.83	8.77	- -	- -	-15.96	-0.12	-1.01	5.23	2.59	0.88	1.32	1.09
EBIT to Interest Expense	7.68	8.59	11.64	11.24	8.29	- -	- -	1.95	2.53	3.25	4.25	3.42	1.24	1.62	1.47
Interest Expense	88	80	62	64	88	- -	- -	446	303	274	256	235	283	295	321
Common Equity/Total Assets	30.01	32.09	34.13	28.2	25.11	33.54	42.69	29.45	31.73	26.35	29.14	26.53	25.59	25	22.31
Long-Term Debt/Equity (%)	97.66	85.32	80.08	112.38	146.14	99.18	69.73	127.47	118.73	143.92	129.46	149.7	161.34	179.06	208.11
Long-Term Debt/Capital (%)	44.9	43.55	42.48	48.07	54.65	48.51	39.98	54.58	52.07	55.53	55.69	55.28	58.49	62.56	65.39
Long-Term Debt/Total Assets (%)	29.37	27.43	27.38	31.76	36.77	33.37	29.84	37.78	37.92	38.18	37.73	39.72	41.28	44.77	46.44
Total Debt/Equity (%)	117.5	95.91	88.5	133.8	167.43	104.47	74.4	133.54	128.02	159.18	132.47	170.79	175.84	186.22	218.28
Total Debt/Capital (%)	54.02	48.96	46.95	57.23	62.61	51.09	42.66	57.18	56.14	61.42	56.98	63.07	63.75	65.06	68.58
Total Debt/Total Assets (%)	35.33	30.83	30.26	37.81	42.12	35.15	31.84	39.58	40.89	42.23	38.6	45.32	44.99	46.56	48.71
Net Debt to Equity	108.31	86.72	77.6	123.05	152.38	99.31	70.98	124.1	107.57	118.62	106.93	144.64	146.92	159.83	186.95
Net Debt/Capital (%)	52	46.44	43.69	55.17	60.38	49.83	41.51	55.38	48.66	50.68	48.19	55.07	55.4	57.28	60.35
EBITDA	475	801	774	761	773	735	1,342	-7,120	-36	-277	1,338	608	249	390	350
EBITDA-CapEx	475	801	774	761	773	735	1,342	-7,120	-36	-277	1,338	608	249	390	350
Operating Income (Loss)	679	691	725	723	731	360	886	870	768	890	1,089	803	352	478	471

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	0.1	0.12	0.14	0.11	0.14	0.14	0.1	0.15	0.12	0.27	0.13	0.09	0.11	0.08	0.08
Current Ratio	1.29	1.45	1.42	1.21	1.25	1.74	2.19	1.8	1.38	1.28	1.31	1.32	1.16	1.14	1.07
Quick Ratio	0.71	0.83	0.83	0.77	0.77	0.78	0.48	0.8	0.74	0.73	0.58	0.5	0.53	0.44	0.47
CFO/Avg Current Liab	0.34	0.38	0.38	0.36	0.31	0.59	0.21	0.17	0.33	0.43	0.25	-0.09	0.31	0.19	0.11
Common Equity/Total Assets	30.01	32.09	34.13	28.2	25.11	33.54	42.69	29.45	31.73	26.35	29.14	26.53	25.59	25	22.31
Long-Term Debt/Equity (%)	97.66	85.32	80.08	112.38	146.14	99.18	69.73	127.47	118.73	143.92	129.46	149.7	161.34	179.06	208.11
Long-Term Debt/Capital (%)	44.9	43.55	42.48	48.07	54.65	48.51	39.98	54.58	52.07	55.53	55.69	55.28	58.49	62.56	65.39
Long-Term Debt/Total Assets (%)	29.37	27.43	27.38	31.76	36.77	33.37	29.84	37.78	37.92	38.18	37.73	39.72	41.28	44.77	46.44
Total Debt/Equity (%)	117.5	95.91	88.5	133.8	167.43	104.47	74.4	133.54	128.02	159.18	132.47	170.79	175.84	186.22	218.28
Total Debt/Capital (%)	54.02	48.96	46.95	57.23	62.61	51.09	42.66	57.18	56.14	61.42	56.98	63.07	63.75	65.06	68.58
Total Debt/Total Assets (%)	35.33	30.83	30.26	37.81	42.12	35.15	31.84	39.58	40.89	42.23	38.6	45.32	44.99	46.56	48.71
CFO/Total Liabilities	13.03	14.65	15.15	13.46	10.91	8.2	5.1	5.45	9.81	13.26	8.74	-2.79	10.28	6.01	3.17
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	4.26	4.6	5.22	5	4.78	2.41	2.19	2.02	1.91	1.69	2.15	1.7	1.15	1.22	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	5.51	5.21	5.06	4.87	4.73	4.59	4.83	5.02	4.85	5.33	6.66	6.88	6.65	7.32	7.73
Days Sales Outstanding	66.22	70.05	72.18	74.99	77.09	79.46	75.58	72.66	75.24	68.45	54.77	53.06	54.86	49.9	47.25
Inventory Turnover	4.87	4.89	5.04	5.06	5.05	4.38	3.9	3.88	3.86	3.89	3.88	3.09	3.1	3.44	3.56
Days Inventory Outstanding	74.99	74.63	72.37	72.14	72.29	83.39	93.69	94.14	94.58	93.88	94.08	118.18	117.9	106.26	102.53
Accounts Payable Turnover	7.25	6.85	6.39	5.75	5.51	7.04	5.03	5.57	5.53	4.82	4.79	4.92	4.95	5.18	5.11
Accounts Payable Turnover Days	50.38	53.29	57.13	63.43	66.29	51.87	72.56	65.54	66.01	75.67	76.23	74.23	73.78	70.5	71.46
Cash Conversion Cycle	90.84	91.4	87.41	83.71	83.09	110.99	96.72	101.26	103.82	86.66	72.62	97	98.98	85.66	78.32
Inventory to Cash Days	-8.77	-4.58	-0.19	2.85	4.81	-3.93	-18.11	-21.48	-19.34	-25.43	-39.31	-65.12	-63.03	-56.36	-55.29
Inventories	700	696	684	709	722	2,116	1,662	1,761	1,606	1,638	2,087	2,203	1,531	1,400	1,281
Raw Materials	131	127	124	118	117	351	209	263	231	252	310	285	214	183	165
Work In Process	106	109	107	105	108	236	148	151	135	157	167	218	173	155	159
Finished Goods	464	461	454	486	497	1,529	1,306	1,347	1,240	1,229	1,610	1,700	1,144	1,062	957
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	4,728	6,285	8,995	10,318	11,778	21,849	15,097	7,752	8,061	8,844	9,089	5,324	3,639	4,195	1,594
- Cash & Cash Equivalents	170	184	226	199	275	588	486	496	349	981	440	287	332	198	203
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	4	4	4	4	4	36	37	35	33	26	- -	- -	- -	- -	- -
+ Total Debt	2,177	1,918	1,836	2,482	3,058	11,893	10,551	7,015	6,396	6,208	5,508	6,010	5,472	5,123	5,219
Enterprise Value	6,738	8,023	10,609	12,604	14,564	33,190	25,199	14,306	14,141	14,097	14,157	11,047	8,779	9,120	6,610
Total Capital	4,029	3,919	3,911	4,337	4,884	23,277	24,732	12,268	11,392	10,108	9,666	9,529	8,584	7,874	7,610
Total Debt/Capital (%)	54.02	48.96	46.95	57.23	62.61	51.09	42.66	57.18	56.14	61.42	56.98	63.07	63.75	65.06	68.58
Total Debt / EV	0.32	0.24	0.17	0.2	0.21	0.36	0.42	0.49	0.45	0.44	0.39	0.54	0.62	0.56	0.79
EV/Sales	1.22	1.46	1.89	2.2	2.46	3.61	2.26	1.41	1.46	1.5	1.34	1.17	1.08	1.2	0.92
EV/EBITDA	14.2	10.01	13.71	16.57	18.84	45.14	18.77	- -	- -	- -	10.58	18.17	35.26	23.38	18.89
EV/EBIT	21.53	12.58	17.25	20.84	24.22	111.34	35.65	- -	- -	- -	13.98	35.41	- -	136.12	169.5
EV/Cash Flow to Firm	10.52	11.88	16.23	18.37	22.05	18.03	- -	- -	- -	- -	12.95	- -	- -	- -	- -
EV/Free Cash Flow to Firm	10.52	11.88	16.23	18.37	22.05	18.03	- -	- -	- -	- -	12.95	- -	- -	- -	- -
Diluted Market Cap	4,857	6,432	9,421	10,689	11,967	19,159	15,184	8,686	8,069	8,838	9,142	5,373	3,637	4,189	1,591
Diluted Enterprise Value	6,867	8,170	11,035	12,975	14,754	30,500	25,286	15,240	14,149	14,091	14,210	11,096	8,777	9,114	6,607
EV per Share	23.37	27.96	38.08	46.82	54.51	68.79	51.93	33.84	33.39	33.22	33.27	26.71	21.19	21.92	15.77
TTM Sales	5,512	5,509	5,607	5,727	5,916	9,181	11,170	10,154	9,715	9,385	10,589	9,459	8,133	7,582	7,204
TTM EBITDA	475	801	774	761	773	735	1,342	-7,120	-36	-277	1,338	608	249	390	350
TTM Operating Income	679	691	725	723	731	360	886	870	768	890	1,089	803	352	478	471
TTM Cash Flow to Firm	641	675	654	686	661	1,840	- -	- -	- -	- -	1,094	- -	- -	- -	- -
TTM Free Cash Flow to Firm	641	675	654	686	661	1,840	- -	- -	- -	- -	1,094	- -	- -	- -	- -

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	8.65	10.4	15.57	16.86	20.18	10.41	15.71	12.77	7.73	6.17	10.34	-19.75	3.91	8.45	6.02
EV/EBIT	21.53	12.58	17.25	20.84	24.22	111.34	35.65	- -	- -	- -	13.98	35.41	- -	136.12	169.5
Enterprise Value	6,738	8,023	10,609	12,604	14,564	33,190	25,199	14,306	14,141	14,097	14,157	11,047	8,779	9,120	6,610
Low Price	11.24	16.11	22.01	28.58	36.98	33.38	27.72	15.34	13.15	10.75	20.56	12.49	6.58	5.72	3.1
EV/Sales	1.22	1.46	1.89	2.2	2.46	3.61	2.26	1.41	1.46	1.5	1.34	1.17	1.08	1.2	0.92
EV/EBITDA	14.2	10.01	13.71	16.57	18.84	45.14	18.77	- -	- -	- -	10.58	18.17	35.26	23.38	18.89
Price/Earnings	38.46	15.9	19.63	28.01	33.92	36.15	5.51	- -	75.3	- -	14.61	27.16	- -	- -	- -
Price/Earnings Average	38.04	13.51	16.24	23.59	31.5	36.89	8	- -	67.21	- -	17.03	40.22	- -	- -	- -
Price/Earnings High	47.47	16.06	19.63	28.01	36.77	43.66	9.66	- -	85.15	- -	20.07	54.58	- -	- -	- -
Price/Earnings Low	26.36	11.69	13.39	20.89	28.45	26.64	4.91	- -	52.04	- -	14.06	26.36	- -	- -	- -
Price/Book Value	2.56	3.15	4.34	5.57	6.46	1.93	1.07	1.49	1.62	2.28	2.19	1.51	1.17	1.52	0.67
Price/Book Value Average	2.53	2.68	3.59	4.69	6	1.97	1.55	1.97	1.45	1.82	2.55	2.24	1.38	1.19	1.01
Price/Book Value High	3.16	3.18	4.34	5.57	7.01	2.33	1.87	2.62	1.84	2.38	3	3.04	2.16	1.74	1.85
Price/Book Value Low	1.75	2.32	2.96	4.16	5.42	1.42	0.95	1.24	1.12	1.18	2.1	1.47	0.88	0.87	0.54
Price/Tangible Book Value	-4	-6.12	-9.95	-6.52	-5.8	-1.68	-5.16	-1.61	-2.2	-2.73	-3.35	-2.19	-1.49	-1.83	-0.68
Price/Tangible Book Value Average	-3.95	-5.2	-8.23	-5.49	-5.38	-1.72	-7.49	-2.14	-1.96	-2.18	-3.9	-3.25	-1.75	-1.42	-1.03
Price/Tangible Book Value High	-4.93	-6.18	-9.95	-6.52	-6.28	-2.03	-9.04	-2.85	-2.49	-2.84	-4.6	-4.41	-2.74	-2.09	-1.89
Price/Tangible Book Value Low	-2.74	-4.5	-6.78	-4.86	-4.86	-1.24	-4.59	-1.35	-1.52	-1.41	-3.22	-2.13	-1.11	-1.04	-0.55
Price/Sales	0.87	1.16	1.66	1.85	2.01	2.08	1.36	0.86	0.83	0.94	0.86	0.57	0.45	0.55	0.22
Price/Sales Average	0.86	0.98	1.37	1.56	1.86	2.12	1.97	1.14	0.74	0.75	1	0.84	0.53	0.43	0.33
Price/Sales High	1.08	1.17	1.66	1.85	2.18	2.51	2.38	1.51	0.94	0.98	1.18	1.14	0.82	0.63	0.61
Price/Sales Low	0.6	0.85	1.13	1.38	1.68	1.53	1.21	0.72	0.57	0.49	0.83	0.55	0.34	0.31	0.18
Price/Cash Flow	8.58	10.31	15.4	16.69	20.02	10.37	15.67	12.77	7.72	6.17	10.28	-19.67	3.91	8.45	6.02
Price/Cash Flow Average	8.49	8.77	12.74	14.05	18.59	10.58	22.76	16.97	6.89	4.92	11.99	-29.13	4.6	6.57	9.14
Price/Cash Flow High	10.59	10.42	15.4	16.69	21.71	12.52	27.49	22.57	8.73	6.42	14.12	-39.53	7.21	9.66	16.74
Price/Cash Flow Low	5.88	7.59	10.5	12.45	16.8	7.64	13.96	10.69	5.33	3.18	9.89	-19.09	2.93	4.79	4.91
Price/Free Cash Flow Average	8.56	8.84	12.88	14.2	18.75	10.63	22.82	16.97	6.9	4.92	12.06	-29.25	4.6	6.57	9.14
Price/Free Cash Flow High	10.68	10.51	15.57	16.86	21.89	12.57	27.56	22.57	8.74	6.42	14.21	-39.7	7.21	9.66	16.74
Price/Free Cash Flow Low	5.93	7.65	10.61	12.57	16.93	7.67	14	10.69	5.34	3.18	9.95	-19.17	2.93	4.79	4.91
EV/Sales Average	1.21	1.29	1.61	1.92	2.32	3.66	2.87	1.66	1.37	1.31	1.48	1.44	1.16	1.08	1.03
EV/Sales High	1.42	1.47	1.89	2.2	2.63	4.11	3.27	1.99	1.56	1.54	1.66	1.74	1.46	1.28	1.31
EV/Sales Low	0.95	1.15	1.38	1.74	2.14	2.99	2.11	1.28	1.2	1.05	1.3	1.15	0.97	0.96	0.88
EV/EBITDA Average	14.09	8.83	11.7	14.42	17.76	45.75	23.85	- -	- -	- -	11.71	22.38	37.83	21	21.24
EV/EBITDA High	16.53	10.09	13.71	16.57	20.13	51.32	27.25	- -	- -	- -	13.12	27.01	47.59	24.93	26.99
EV/EBITDA Low	11.06	7.94	10.01	13.12	16.39	37.33	17.54	- -	- -	- -	10.33	17.91	31.6	18.73	18.05
EV/EBIT Average	21.36	11.1	14.72	18.15	22.82	112.85	45.31	- -	- -	- -	15.47	43.61	- -	122.22	190.64
EV/EBIT High	25.07	12.68	17.25	20.84	25.87	126.58	51.75	- -	- -	- -	17.33	52.63	- -	145.13	242.21
EV/EBIT Low	16.78	9.97	12.59	16.51	21.06	92.07	33.32	- -	- -	- -	13.64	34.9	- -	109.04	161.95
Last Price	16.4	21.91	32.29	38.33	44.08	45.28	31.11	18.34	19.03	20.84	21.36	12.87	8.78	10.08	3.8
High Price	20.24	22.14	32.29	38.33	47.79	54.7	54.57	32.39	21.52	21.69	29.35	25.87	16.2	11.53	10.57
Enterprise Value Average	6,687	7,080	9,055	10,974	13,725	33,642	32,022	16,855	13,275	12,308	15,668	13,606	9,420	8,189	7,435
Enterprise Value High	7,846	8,089	10,609	12,604	15,557	37,733	36,577	20,250	15,195	14,459	17,557	16,422	11,850	9,724	9,446
Enterprise Value Low	5,251	6,361	7,746	9,981	12,667	27,446	23,551	13,041	11,650	9,816	13,817	10,889	7,868	7,306	6,316

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	288	287	279	269	267	483	485	423	424	424	426	414	414	416	419
Diluted Weighted Avg Shares	296	294	292	279	272	423	488	474	424	424	428	417	414	416	418
Basic Weighted Avg Shares	294	291	289	276	269	421	487	474	423	424	425	416	414	416	418
Revenue per Share	18.77	18.92	19.43	20.74	21.97	21.79	22.95	21.44	22.95	22.13	24.9	22.75	19.64	18.25	17.23
EBITDA per Share	1.62	2.75	2.68	2.76	2.87	1.75	2.76	-15.03	-0.09	-0.65	3.15	1.46	0.6	0.94	0.84
Operating Income per Share	2.31	2.37	2.51	2.62	2.71	0.86	1.82	1.84	1.81	2.1	2.56	1.93	0.85	1.15	1.13
Basic EPS, GAAP	0.43	1.38	1.64	1.37	1.3	1.25	5.65	-14.65	0.25	-1.82	1.46	0.47	-0.94	-0.52	-0.68
Basic EPS from Cont Ops	0.64	1.34	1.44	1.35	0.96	-0.09	5	-14	0.44	-1.82	1.46	0.47	-0.94	-0.52	-0.68
Diluted EPS, GAAP	0.42	1.37	1.63	1.35	1.29	1.25	5.63	-14.65	0.25	-1.82	1.45	0.47	-0.94	-0.52	-0.68
Diluted EPS from Cont Ops	0.63	1.33	1.43	1.34	0.96	-0.09	4.99	-14	0.44	-1.82	1.45	0.47	-0.94	-0.52	-0.68
Dividend per Share	0.29	0.43	0.6	0.66	0.77	0.78	0.88	0.92	0.92	0.92	0.93	0.93	0.44	0.28	0.29
Cash Flow per Share	1.91	2.12	2.1	2.3	2.2	4.37	1.99	1.44	2.47	3.38	2.08	-0.65	2.25	1.19	0.63
Free Cash Flow per Basic Share	1.91	2.12	2.1	2.3	2.2	4.37	1.99	1.44	2.47	3.38	2.08	-0.65	2.25	1.19	0.63
Cash & Equivalents per Share	0.59	0.64	0.81	0.74	1.03	1.22	1	1.17	0.82	2.31	1.03	0.69	0.8	0.48	0.48
Book Value per Share	6.41	6.96	7.44	6.88	6.82	23.52	29.15	12.34	11.72	9.13	9.77	8.51	7.51	6.61	5.7
Tangible Book Value per Share	-4.1	-3.58	-3.25	-5.88	-7.6	-26.91	-6.03	-11.37	-8.65	-7.64	-6.38	-5.87	-5.91	-5.52	-5.59