PPL Corporation Financial Ratios — PP9 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 (%)	15.71	14.32	9.85	13.31	5.79	19.19	10.92	16.3	14.17	11.14	-10.92	5.47	5.31	6.34	8.16
Return on Assets (%)	3.96	3.54	2.51	3.66	1.55	4.9	2.83	4.31	3.92	3.13	-3.64	2.13	1.92	2.21	2.74
Return on Capital (%)	8.13	7.39	5.39	6.93	4.35	8.69	5.42	7.9	6.44	5.81	-5.35	4.36	4.42	4.88	5.62
Return on Invested Capital (%)	8.25	7.44	6.25	5.78	6.99	7.4	5.58	6.92	3.5	3.25	0.18	4.03	4.52	4.58	5.25
Gross Margin (%)	34.44	36.8	50.97	52.31	52.33	55.38	56.41	54.69	47.5	50.93	46.91	36.54	39.41	40.1	42.73
EBITDA Margin (%)	33.89	35.54	47.78	49.1	49.2	52.44	53.79	51.69	45.22	48.7	44.01	32.99	35.67	36.6	39.21
Operating Margin (%)	24.18	24.94	35.26	36.51	36.91	39.06	38.96	36.63	27.24	28.97	24.62	17.39	19.61	20.56	23.55
Incremental Operating Margin (%)	28.8	8.93	9.55	51.95	19.67	- -	50	- -	60.74	- -	- -	- -	62.44	73.33	67.07
Pretax Margin (%)	17.28	16.56	23.79	27.11	26.97	33.92	25.67	29.35	16.4	17.43	9.01	11.58	11.12	13.19	16.28
Profit Margin (%)	11.74	12.58	15.56	22.12	8.89	25.3	15.15	23.47	31.17	26.84	-25.59	9.57	8.9	10.49	13.06
Net Income to Common Margin (%)	11.74	12.58	15.56	22.12	8.89	25.3	15.15	23.47	31.17	26.84	-25.59	9.57	8.9	10.49	13.06
Effective Tax Rate (%)	31.39	25.78	20.83	32.5	22.49	25.41	41	20.04	19.91	32.91	96.55	21.97	19.91	20.43	19.77
Dvd Payout Ratio (%)	48.85	55.68	64.13	67.29	62.63	54.15	95.04	62.01	161.96	199.22	7,105.56	110.22	95.14	84.12	67.23
Sustainable Growth Rate (%)	8.03	6.35	3.53	4.35	2.16	8.8	0.54	6.19	-8.78	-11.06	765.3	-0.56	0.26	1.01	2.67

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	18,571	20,128	21,608	18,890	19,964	19,249	21,275	22,029	23,044	15,857	11,209	14,228	15,604	16,806	19,350
ST Debt	578	1,403	1,016	1,836	1,401	1,441	1,428	1,960	2,323	2,242	543	1,339	993	854	1,360
LT Debt	17,993	18,725	20,592	17,054	18,563	17,808	19,847	20,069	20,721	13,615	10,666	12,889	14,611	15,952	17,990
Total Debt/EBITDA	4.3	4.67	6.23	4.9	5.29	4.88	5.31	5.47	9.1	5.95	4.4	5.46	5.26	5.43	5.46
Net Debt/EBITDA	4.02	4.46	5.91	4.54	5.07	4.8	5.19	5.32	8.78	5.78	3	5.32	5.15	5.33	5.16
Total Debt/EBIT	5.99	6.65	8.44	6.59	7.05	6.56	7.33	7.72	15.1	10	7.87	10.36	9.57	9.66	9.09
Net Debt/EBIT	5.6	6.35	8.01	6.1	6.76	6.44	7.17	7.51	14.57	9.72	5.36	10.1	9.37	9.48	8.59
EBITDA to Interest Expense	4.81	4.53	4.46	4.57	4.33	4.44	4.45	4.18	4.08	4.21	2.77	5.08	4.45	4.2	4.39
EBITDA-CapEx/Interest Expense	1.92	1.19	-0.27	0.16	0.23	1.11	0.93	0.82	-0.89	-0.92	2.77	5.08	4.45	4.2	4.39
EBIT to Interest Expense	3.43	3.18	3.29	3.4	3.25	3.31	3.22	2.96	2.46	2.5	1.55	2.68	2.45	2.36	2.63
Interest Expense	898	951	778	843	871	888	901	963	621	634	918	513	666	738	808
Common Equity/Total Assets	25.39	24.02	26.95	28.04	25.24	25.84	25.94	26.86	28.44	27.79	41.31	36.78	35.51	34.28	32.89
Long-Term Debt/Equity (%)	162.16	178.37	165.19	125.14	187.15	179.9	184.43	172.16	159.5	101.81	77.72	92.61	104.87	113.32	120.89
Long-Term Debt/Capital (%)	60.65	61.14	60.43	52.44	62.12	61.1	61.95	59.58	57.5	46.58	42.78	45.79	49.47	51.65	52.55
Long-Term Debt/Total Assets (%)	42.19	42.91	44.51	35.09	47.23	46.48	47.85	46.25	45.36	28.3	32.1	34.06	37.24	38.84	39.76
Total Debt/Equity (%)	167.37	191.73	173.34	138.61	201.27	194.45	197.7	188.98	177.38	118.57	81.68	102.23	111.99	119.39	130.03
Total Debt/Capital (%)	62.6	65.72	63.41	58.09	66.81	66.04	66.41	65.4	63.95	54.25	44.96	50.55	52.83	54.42	56.53
Total Debt/Total Assets (%)	43.54	46.13	46.71	38.86	50.8	50.24	51.29	50.76	50.45	32.96	33.74	37.6	39.77	40.92	42.77
Net Debt to Equity	156.53	183.15	164.5	128.35	192.84	191.01	193.2	183.65	171.11	115.27	55.66	99.67	109.62	117.21	122.83
Net Debt/Capital (%)	61.02	64.68	62.19	56.21	65.85	65.64	65.89	64.75	63.11	53.55	35.76	49.92	52.29	53.96	55.12
EBITDA	4,316	4,312	3,470	3,855	3,773	3,942	4,006	4,024	2,533	2,666	2,545	2,607	2,965	3,097	3,545
EBITDA-CapEx	1,727	1,136	-212	132	203	985	835	786	-550	-583	2,545	2,607	2,965	3,097	3,545
Operating Income (Loss)	3,080	3,026	2,561	2,867	2,831	2,936	2,901	2,852	1,526	1,586	1,424	1,374	1,630	1,740	2,129

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	0.23	0.16	0.22	0.2	0.22	0.09	0.12	0.14	0.17	0.03	1.54	0.09	0.1	0.09	0.24
Current Ratio	1.22	0.9	1.05	0.81	0.68	0.54	0.57	0.53	0.56	1.39	2.16	0.75	0.88	0.86	0.86
Quick Ratio	0.55	0.46	0.6	0.38	0.52	0.4	0.45	0.41	0.43	0.1	1.95	0.52	0.59	0.55	0.63
CFO/Avg Current Liab	0.48	0.51	0.54	0.55	0.46	0.75	0.63	0.66	0.51	0.28	0.26	0.57	0.49	0.7	0.67
Common Equity/Total Assets	25.39	24.02	26.95	28.04	25.24	25.84	25.94	26.86	28.44	27.79	41.31	36.78	35.51	34.28	32.89
Long-Term Debt/Equity (%)	162.16	178.37	165.19	125.14	187.15	179.9	184.43	172.16	159.5	101.81	77.72	92.61	104.87	113.32	120.89
Long-Term Debt/Capital (%)	60.65	61.14	60.43	52.44	62.12	61.1	61.95	59.58	57.5	46.58	42.78	45.79	49.47	51.65	52.55
Long-Term Debt/Total Assets (%)	42.19	42.91	44.51	35.09	47.23	46.48	47.85	46.25	45.36	28.3	32.1	34.06	37.24	38.84	39.76
Total Debt/Equity (%)	167.37	191.73	173.34	138.61	201.27	194.45	197.7	188.98	177.38	118.57	81.68	102.23	111.99	119.39	130.03
Total Debt/Capital (%)	62.6	65.72	63.41	58.09	66.81	66.04	66.41	65.4	63.95	54.25	44.96	50.55	52.83	54.42	56.53
Total Debt/Total Assets (%)	43.54	46.13	46.71	38.86	50.8	50.24	51.29	50.76	50.45	32.96	33.74	37.6	39.77	40.92	42.77
CFO/Total Liabilities	7.95	8.34	8.45	9.73	8.9	10.17	8.01	8.89	7.42	7.9	11.64	7.23	6.95	8.67	8.66
CFO/CapEx	0.97	0.87	0.78	0.91	0.73	0.98	0.78	0.87	0.79	0.85	- -	- -	- -	- -	- -
Altman's Z-Score	- -	- -	0.89	0.96	1.03	1.08	0.97	0.92	0.87	0.9	1.21	0.98	0.93	0.99	0.98

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	17.28	16.43	8.71	9.46	10.88	11.23	11.06	11.58	8.3	8.49	9.75	10.69	9.01	8.86	8.74
Days Sales Outstanding	21.12	22.22	41.91	38.58	33.55	32.51	33.01	31.51	43.98	43.01	37.43	34.16	40.53	41.21	41.76
Inventory Turnover	12.88	11.56	5.18	6.92	9.91	9.41	9.6	11.32	9.26	8.47	9.84	13.11	10.62	9.98	9.75
Days Inventory Outstanding	28.35	31.59	70.47	52.78	36.84	38.8	38.01	32.24	39.4	43.08	37.09	27.84	34.35	36.58	37.43
Accounts Payable Turnover	7.68	6.4	2.8	2.97	4.02	4.11	3.68	3.67	3.05	3.12	4.34	5.46	4.42	4.41	3.79
Accounts Payable Turnover Days	47.54	57.03	130.14	122.75	90.8	88.83	99.15	99.47	119.52	116.88	84.1	66.8	82.52	82.71	96.36
Cash Conversion Cycle	1.93	-3.23	-17.76	-31.39	-20.4	-17.52	-28.14	-35.72	-36.13	-30.79	-9.58	-4.81	-7.63	-4.92	-17.17
Inventory to Cash Days	-7.23	-9.37	-28.56	-14.19	-3.29	-6.29	-5	-0.73	4.58	-0.07	0.33	6.32	6.18	4.64	4.33
Inventories	654	673	702	381	357	356	320	303	332	302	322	443	505	511	551
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	654	673	702	381	357	356	320	303	332	302	322	443	505	511	551

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	- -	- -	17,474	23,363	23,108	23,282	21,633	20,521	27,275	21,119	21,886	21,908	19,846	24,036	26,292
- Cash & Cash Equivalents	1,202	901	1,102	1,399	836	341	485	621	815	442	3,571	356	331	306	1,071
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	268	18	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	- -	- -	- -
+ Total Debt	18,571	20,128	21,608	18,890	19,964	19,249	21,275	22,029	23,044	15,857	11,209	14,228	15,604	16,806	19,350
Enterprise Value	- -	- -	37,980	40,734	42,236	42,190	42,423	41,929	49,504	36,534	29,524	35,783	35,119	40,536	44,571
Total Capital	29,667	30,626	34,074	32,518	29,883	29,148	32,036	33,686	36,035	29,230	24,932	28,146	29,537	30,883	34,231
Total Debt/Capital (%)	62.6	65.72	63.41	58.09	66.81	66.04	66.41	65.4	63.95	54.25	44.96	50.55	52.83	54.42	56.53
Total Debt / EV	- -	- -	0.57	0.46	0.47	0.46	0.5	0.53	0.47	0.43	0.38	0.4	0.44	0.41	0.43
EV/Sales	- -	- -	5.23	5.19	5.51	5.61	5.7	5.39	8.84	6.67	5.11	4.53	4.23	4.79	4.93
EV/EBITDA	- -	- -	10.95	10.57	11.19	10.7	10.59	10.42	19.54	13.7	11.6	13.73	11.84	13.09	12.57
EV/EBIT	- -	- -	14.83	14.21	14.92	14.37	14.62	14.7	32.44	23.04	20.73	26.04	21.55	23.3	20.94
EV/Cash Flow to Firm	- -	- -	10.94	10.26	12.84	11.88	14.18	11.68	16.93	11.52	12.83	16.8	15.33	13.85	13.6
EV/Free Cash Flow to Firm	- -	- -	- -	163.59	- -	70.87	- -	118.79	- -	- -	12.83	16.8	15.33	13.85	13.6
Diluted Market Cap	- -	- -	18,382	23,368	23,064	23,306	21,444	20,187	26,191	21,133	22,770	21,920	19,874	24,096	26,023
Diluted Enterprise Value	- -	- -	38,888	40,739	42,192	42,214	42,234	41,595	48,420	36,548	30,408	35,795	35,147	40,596	44,302
EV per Share	- -	- -	60.26	61.18	62.68	62.07	61.18	58.21	64.52	47.51	40.16	48.59	47.64	54.92	59.35
TTM Sales	12,737	12,132	7,263	7,852	7,669	7,517	7,447	7,785	5,602	5,474	5,783	7,902	8,312	8,462	9,042
TTM EBITDA	4,316	4,312	3,470	3,855	3,773	3,942	4,006	4,024	2,533	2,666	2,545	2,607	2,965	3,097	3,545
TTM Operating Income	3,080	3,026	2,561	2,867	2,831	2,936	2,901	2,852	1,526	1,586	1,424	1,374	1,630	1,740	2,129
TTM Cash Flow to Firm	3,123	3,470	3,472	3,972	3,290	3,552	2,993	3,591	2,924	3,171	2,302	2,130	2,291	2,927	3,277
TTM Free Cash Flow to Firm	534	294	-210	249	-280	595	-178	353	-159	-78	2,302	2,130	2,291	2,927	3,277

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	- -	- -	-22.25	-73.02	-24.15	-347.85	-30.2	-48.41	-39.93	-42.01	10.03	12.67	11.3	10.3	9.9
EV/EBIT	- -	- -	14.83	14.21	14.92	14.37	14.62	14.7	32.44	23.04	20.73	26.04	21.55	23.3	20.94
Enterprise Value	- -	- -	37,980	40,734	42,236	42,190	42,423	41,929	49,504	36,534	29,524	35,783	35,119	40,536	44,571
Low Price	- -	- -	26.41	27.46	28.93	31.97	30.99	25.61	28.07	19.08	26.43	24.4	22.67	25.57	31.6
EV/Sales	- -	- -	5.23	5.19	5.51	5.61	5.7	5.39	8.84	6.67	5.11	4.53	4.23	4.79	4.93
EV/EBITDA	- -	- -	10.95	10.57	11.19	10.7	10.59	10.42	19.54	13.7	11.6	13.73	11.84	13.09	12.57
Price/Earnings	- -	- -	14.94	13.2	33.68	12.2	18.95	10.98	14.83	14.37	- -	28.96	26.82	27.06	21.92
Price/Earnings Average	- -	- -	15.33	11.65	31.45	12.75	22.66	11.3	13.09	14.91	- -	27.51	26.68	24.54	22.02
Price/Earnings High	- -	- -	16.61	13.2	34.62	14.23	24.44	12.37	15.18	19.2	- -	29.94	30.78	29.05	23.74
Price/Earnings Low	- -	- -	14.23	10.33	28.41	11.39	18.83	9.87	11.71	9.98	- -	23.75	22.58	21.24	19.79
Price/Book Value	- -	- -	1.4	1.71	2.33	2.35	2.01	1.76	2.1	1.58	1.59	1.57	1.42	1.71	1.77
Price/Book Value Average	- -	- -	1.44	1.51	2.18	2.46	2.4	1.81	1.85	1.64	1.54	1.5	1.42	1.55	1.77
Price/Book Value High	- -	- -	1.56	1.71	2.39	2.74	2.59	1.98	2.15	2.11	1.63	1.63	1.63	1.83	1.91
Price/Book Value Low	- -	- -	1.34	1.34	1.97	2.2	2	1.58	1.66	1.1	1.42	1.29	1.2	1.34	1.6
Price/Tangible Book Value	- -	- -	2.4	2.51	4.06	3.79	3.18	2.64	3.01	1.72	1.73	1.93	1.74	2.09	2.14
Price/Tangible Book Value Average	- -	- -	2.46	2.22	3.79	3.96	3.8	2.71	2.66	1.78	1.66	1.83	1.74	1.89	2.15
Price/Tangible Book Value High	- -	- -	2.67	2.51	4.17	4.42	4.1	2.97	3.08	2.29	1.76	1.99	2	2.24	2.31
Price/Tangible Book Value Low	- -	- -	2.28	1.97	3.43	3.54	3.16	2.37	2.38	1.19	1.53	1.58	1.47	1.64	1.93
Price/Sales	- -	- -	2.32	2.92	3	3.09	2.87	2.58	4.62	3.86	3.93	2.77	2.39	2.84	2.86
Price/Sales Average	- -	- -	2.38	2.58	2.8	3.23	3.43	2.65	4.08	4	3.78	2.63	2.38	2.57	2.88
Price/Sales High	- -	- -	2.58	2.92	3.08	3.6	3.7	2.9	4.73	5.15	4	2.86	2.74	3.05	3.1
Price/Sales Low	- -	- -	2.21	2.29	2.53	2.88	2.85	2.32	3.65	2.68	3.49	2.27	2.01	2.23	2.58
Price/Cash Flow	- -	- -	5.91	6.74	8.78	8.03	8.69	7.11	10.67	7.69	10.01	12.66	11.29	10.27	9.85
Price/Cash Flow Average	- -	- -	6.06	5.95	8.2	8.39	10.39	7.32	9.42	7.98	9.64	12.02	11.23	9.31	9.89
Price/Cash Flow High	- -	- -	6.57	6.74	9.03	9.37	11.2	8.01	10.92	10.27	10.2	13.08	12.96	11.02	10.66
Price/Cash Flow Low	- -	- -	5.63	5.27	7.41	7.5	8.63	6.4	8.43	5.34	8.88	10.38	9.5	8.06	8.89
Price/Free Cash Flow Average	- -	- -	-22.83	-64.45	-22.56	-363.5	-36.11	-49.79	-35.25	-43.6	9.66	12.03	11.25	9.34	9.94
Price/Free Cash Flow High	- -	- -	-24.74	-73.02	-24.82	-405.69	-38.95	-54.53	-40.86	-56.14	10.23	13.1	12.98	11.05	10.72
Price/Free Cash Flow Low	- -	- -	-21.2	-57.14	-20.37	-324.66	-30	-43.52	-31.52	-29.19	8.91	10.39	9.52	8.08	8.94
EV/Sales Average	- -	- -	5.29	4.84	5.31	5.75	6.26	5.46	8.27	6.82	4.97	4.39	4.21	4.53	4.94
EV/Sales High	- -	- -	5.5	5.19	5.59	6.13	6.54	5.72	8.95	7.97	5.18	4.62	4.58	5	5.17
EV/Sales Low	- -	- -	5.12	4.54	5.04	5.41	5.68	5.12	7.81	5.5	4.68	4.03	3.85	4.18	4.65
EV/EBITDA Average	- -	- -	11.08	9.86	10.79	10.97	11.65	10.56	18.28	14	11.28	13.3	11.81	12.37	12.61
EV/EBITDA High	- -	- -	11.51	10.57	11.37	11.68	12.15	11.06	19.8	16.37	11.77	14.01	12.83	13.66	13.19
EV/EBITDA Low	- -	- -	10.71	9.25	10.24	10.31	10.55	9.9	17.28	11.29	10.64	12.21	10.79	11.42	11.85
EV/EBIT Average	- -	- -	15.01	13.25	14.38	14.73	16.08	14.91	30.35	23.54	20.17	25.24	21.48	22.01	20.99
EV/EBIT High	- -	- -	15.59	14.21	15.15	15.69	16.78	15.61	32.86	27.51	21.04	26.58	23.35	24.31	21.96
EV/EBIT Low	- -	- -	14.51	12.44	13.64	13.84	14.57	13.97	28.68	18.97	19.01	23.17	19.62	20.33	19.73
Last Price	- -	- -	27.72	35.09	34.29	34.25	31.2	28.49	35.55	27.47	29.77	29.75	26.92	32.57	35.01
High Price	- -	- -	30.82	35.09	35.25	39.95	40.23	32.09	36.38	36.7	30.36	30.75	30.9	34.96	37.92
Enterprise Value Average	- -	- -	38,432	37,992	40,709	43,237	46,655	42,512	46,307	37,330	28,717	34,683	35,017	38,296	44,689
Enterprise Value High	- -	- -	39,935	40,734	42,880	46,061	48,686	44,524	50,141	43,634	29,955	36,524	38,053	42,302	46,758
Enterprise Value Low	- -	- -	37,155	35,653	38,621	40,638	42,281	39,856	43,764	30,087	27,068	31,842	31,985	35,371	42,015

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	578	582	630	666	674	680	693	720	767	769	735	736	737	738	751
Diluted Weighted Avg Shares	551	582	663	666	673	680	687	709	737	769	765	737	738	740	743
Basic Weighted Avg Shares	550	580	609	654	670	678	685	704	729	769	763	736	737	738	739
Revenue per Share	23.14	20.91	11.93	12.02	11.45	11.09	10.87	11.05	7.69	7.12	7.58	10.74	11.28	11.47	12.23
EBITDA per Share	7.84	7.43	5.7	5.9	5.63	5.82	5.85	5.71	3.48	3.47	3.34	3.54	4.02	4.2	4.79
Operating Income per Share	5.6	5.21	4.21	4.39	4.23	4.33	4.23	4.05	2.09	2.06	1.87	1.87	2.21	2.36	2.88
Basic EPS, GAAP	2.72	2.63	1.86	2.66	1.02	2.81	1.65	2.59	2.4	1.91	-1.94	1.03	1	1.2	1.6
Basic EPS from Cont Ops	2.74	2.57	2.25	2.2	2.39	2.81	1.65	2.59	1.01	0.83	0.02	0.97	1	1.2	1.6
Diluted EPS, GAAP	2.71	2.62	1.7	2.61	1.01	2.8	1.64	2.58	2.37	1.91	-1.94	1.03	1	1.2	1.59
Diluted EPS from Cont Ops	2.74	2.56	2.06	2.16	2.38	2.8	1.64	2.58	1	0.83	0.02	0.97	1	1.2	1.59
Dividend per Share	1.36	1.44	1.44	1.48	1.5	1.52	1.56	1.61	1.64	1.66	1.68	1.07	0.96	1.01	1.07
Cash Flow per Share	4.55	4.76	4.69	5.21	3.9	4.27	3.59	4	3.33	3.57	2.98	2.35	2.39	3.17	3.56
Free Cash Flow per Basic Share	-0.15	-0.71	-1.36	-0.49	-1.43	-0.1	-1.04	-0.59	-0.9	-0.65	2.98	2.35	2.39	3.17	3.56
Cash & Equivalents per Share	2.11	1.55	1.75	2.28	1.24	0.5	0.7	0.86	1.06	0.57	4.86	0.48	0.45	0.41	1.43
Book Value per Share	18.72	18.01	19.78	20.47	14.72	14.56	15.52	16.18	16.93	17.39	18.67	18.89	18.9	19.07	19.81
Tangible Book Value per Share	9.75	9.26	11.57	13.96	8.44	9.03	9.82	10.8	11.8	16	17.23	15.42	15.44	15.6	16.39