Public Service Enterprise Group Incorporated Financial Ratios — PSE

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 (%)	15.1	12.11	11.1	12.76	13.3	6.77	11.67	10.19	11.49	12.26	-4.26	7.32	17.55	11.22	12.76
Return on Assets (%)	5.03	4.14	3.87	4.48	4.61	2.29	3.8	3.27	3.64	3.9	-1.31	2.11	5.15	3.36	3.76
Return on Capital (%)	9.64	8.26	7.56	8.45	8.7	4.8	- -	6.31	6.95	7.16	- -	- -	8.95	6.92	7.4
Return on Invested Capital (%)	8.72	7.7	7.08	7.77	8.36	4.56	- -	6.22	5.5	5.78	- -	- -	8.83	6.14	6.64
Gross Margin (%)	34.76	35.07	35.56	35.37	40.1	34.29	37.55	35.09	35.66	35.74	30.83	26.57	42.89	34.35	34.82
EBITDA Margin (%)	34.99	35.83	36.81	37.2	42.14	36.55	39.74	37.57	33.44	38.94	5.63	27.18	44.58	36.21	36.48
Operating Margin (%)	24.75	23.29	23.06	24.1	28.44	17.82	15.71	23.14	23.27	21.98	18.12	15.07	32.79	22.87	24.49
Incremental Operating Margin (%)	27.31	35.75	11.23	35.29	- -	94.13	- -	135.38	26.58	49.47	- -	- -	153.65	140.65	33.39
Pretax Margin (%)	21.52	20.56	20.62	22.56	25.73	14.48	13.94	19.13	19.35	23.96	-11.2	10.22	27.42	17.74	19.51
Profit Margin (%)	13.57	13.04	12.47	13.94	16.12	9.89	17.31	14.83	16.8	19.84	-6.67	10.52	22.81	17.22	17.35
Net Income to Common Margin (%)	13.57	13.04	12.47	13.94	16.12	9.89	17.31	14.83	16.8	19.84	-6.67	10.52	22.81	17.22	17.35
Effective Tax Rate (%)	40.98	36.6	39.51	38.19	37.35	31.66	- -	22.48	13.18	17.21	- -	- -	16.81	2.9	11.08
Dvd Payout Ratio (%)	49.25	56.31	58.57	49.28	46.99	93.57	55.27	63.28	56.11	52.02	-159.1	104.66	44.36	67.49	59.59
Sustainable Growth Rate (%)	7.66	5.29	4.6	6.47	7.05	0.44	5.22	3.74	5.04	5.88	-11.04	-0.34	9.77	3.65	5.15

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	8,094	8,202	8,703	9,098	9,932	11,783	13,610	15,478	16,496	17,495	19,629	20,439	20,406	22,860	24,202
ST Debt	633	1,515	841	883	1,098	888	1,542	2,310	2,480	2,747	4,219	3,775	2,449	3,743	2,404
LT Debt	7,461	6,687	7,862	8,215	8,834	10,895	12,068	13,168	14,016	14,748	15,410	16,664	17,957	19,117	21,798
Total Debt/EBITDA	2.09	2.34	2.37	2.25	2.26	3.6	3.77	4.25	4.9	4.68	35.88	7.67	4.07	6.14	5.45
Net Debt/EBITDA	1.87	2.23	2.24	2.15	2.17	3.47	3.68	4.2	4.77	4.47	34.04	7.43	4.03	6.06	5.39
Total Debt/EBIT	2.95	3.6	3.79	3.47	3.35	7.37	9.52	6.74	8.49	7.71	-22.93	14.8	5.54	9.72	8.12
Net Debt/EBIT	2.65	3.43	3.57	3.32	3.22	7.11	9.31	6.66	8.27	7.36	-21.75	14.34	5.48	9.6	8.03
EBITDA to Interest Expense	8.16	8.29	9.13	10.41	11.17	8.51	9.24	7.65	6.61	7.29	1.09	4.73	7.28	4.43	4.62
EBITDA-CapEx/Interest Expense	3.78	2.2	2.13	2.9	1.07	-2.65	-1.77	-0.87	0.21	1.37	-4.54	-0.4	2.45	0.41	1.21
EBIT to Interest Expense	5.77	5.39	5.72	6.74	7.54	4.15	3.65	4.71	4.6	4.12	3.52	2.62	5.36	2.8	3.1
Interest Expense	475	423	402	389	393	385	391	476	510	513	500	563	688	841	961
Common Equity/Total Assets	34.44	33.98	35.69	34.53	34.81	32.77	32.42	31.72	31.61	31.94	29.47	28.18	30.5	29.49	29.49
Long-Term Debt/Equity (%)	72.63	62.03	67.72	67.41	67.61	82.98	87.15	91.59	92.89	92.27	106.73	121.38	116.02	118.64	128.36
Long-Term Debt/Capital (%)	40.62	35.23	38.71	38.6	38.41	43.73	43.95	44.11	44.38	44.05	45.23	48.77	50.04	49.05	52.93
Long-Term Debt/Total Assets (%)	25.02	21.08	24.17	23.28	23.54	27.19	28.25	29.05	29.37	29.47	31.45	34.21	35.39	34.99	37.86
Total Debt/Equity (%)	78.8	76.08	74.97	74.66	76.01	89.74	98.29	107.66	109.32	109.45	135.95	148.87	131.85	141.86	142.52
Total Debt/Capital (%)	44.07	43.21	42.85	42.75	43.18	47.3	49.57	51.84	52.23	52.26	57.62	59.82	56.87	58.65	58.77
Total Debt/Total Assets (%)	27.14	25.85	26.76	25.78	26.46	29.41	31.86	34.15	34.56	34.96	40.06	41.95	40.22	41.84	42.03
Net Debt to Equity	70.68	72.56	70.72	71.36	72.99	86.52	96.03	106.43	106.54	104.48	128.97	144.26	130.38	140.14	140.98
Net Debt/Capital (%)	41.41	42.05	41.42	41.64	42.19	46.39	48.99	51.56	51.14	50.7	56	58.76	56.32	58.13	58.32
EBITDA	3,877	3,505	3,669	4,050	4,389	3,277	3,614	3,643	3,369	3,739	547	2,664	5,009	3,726	4,439
EBITDA-CapEx	1,794	931	858	1,129	420	-1,021	-693	-415	105	705	-2,270	-224	1,684	346	1,167
Operating Income (Loss)	2,742	2,278	2,299	2,623	2,962	1,598	1,429	2,244	2,345	2,111	1,762	1,477	3,685	2,353	2,980

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	0.28	0.1	0.16	0.12	0.11	0.13	0.08	0.04	0.03	0.1	0.12	0.07	0.01	0.02	0.02
Current Ratio	1.32	1.02	1.18	1.18	0.98	0.99	0.79	0.71	0.64	0.66	0.88	0.64	0.67	0.65	0.8
Quick Ratio	0.71	0.53	0.69	0.62	0.55	0.59	0.5	0.42	0.34	0.41	0.41	0.42	0.35	0.37	0.49
CFO/Avg Current Liab	1.1	0.83	0.92	0.97	1.11	0.97	0.88	0.64	0.68	0.59	0.28	0.22	0.65	0.37	0.54
Common Equity/Total Assets	34.44	33.98	35.69	34.53	34.81	32.77	32.42	31.72	31.61	31.94	29.47	28.18	30.5	29.49	29.49
Long-Term Debt/Equity (%)	72.63	62.03	67.72	67.41	67.61	82.98	87.15	91.59	92.89	92.27	106.73	121.38	116.02	118.64	128.36
Long-Term Debt/Capital (%)	40.62	35.23	38.71	38.6	38.41	43.73	43.95	44.11	44.38	44.05	45.23	48.77	50.04	49.05	52.93
Long-Term Debt/Total Assets (%)	25.02	21.08	24.17	23.28	23.54	27.19	28.25	29.05	29.37	29.47	31.45	34.21	35.39	34.99	37.86
Total Debt/Equity (%)	78.8	76.08	74.97	74.66	76.01	89.74	98.29	107.66	109.32	109.45	135.95	148.87	131.85	141.86	142.52
Total Debt/Capital (%)	44.07	43.21	42.85	42.75	43.18	47.3	49.57	51.84	52.23	52.26	57.62	59.82	56.87	58.65	58.77
Total Debt/Total Assets (%)	27.14	25.85	26.76	25.78	26.46	29.41	31.86	34.15	34.56	34.96	40.06	41.95	40.22	41.84	42.03
CFO/Total Liabilities	18.2	13.31	15.1	13.68	16.02	12.3	11.29	9.41	10.35	9.11	5.02	4.3	10.79	5.54	8.12
CFO/CapEx	1.71	1.08	1.12	1.08	0.99	0.77	0.76	0.72	1.04	1.02	0.62	0.52	1.14	0.63	1.01
Altman's Z-Score	- -	- -	1.35	1.48	1.36	1.17	1.16	1.17	1.21	1.14	1.18	1.08	1.27	1.26	1.28

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	9.41	9.61	8.77	8.86	8.97	8.04	7.25	6.97	7.33	7.05	5.95	5.15	6.56	6.68	6.98
Days Sales Outstanding	38.78	37.99	41.6	41.19	40.69	45.37	50.35	52.38	49.77	51.75	61.37	70.82	55.64	54.61	52.27
Inventory Turnover	6.96	6.18	6.33	6.88	6.25	6.33	6.48	7.12	7.21	6.95	8.29	8.45	6.47	6.29	6.96
Days Inventory Outstanding	52.44	59.11	57.65	53.07	58.44	57.7	56.33	51.26	50.64	52.49	44.02	43.22	56.4	58.01	52.44
Accounts Payable Turnover	6.15	5.07	5.1	5.86	4.86	4.1	3.59	4.03	4.61	4.57	4.98	5.73	5.22	5.83	6.07
Accounts Payable Turnover Days	59.37	72.03	71.56	62.27	75.06	88.94	101.7	90.67	79.14	79.8	73.29	63.67	69.99	62.55	60.17
Cash Conversion Cycle	31.85	25.07	27.69	31.99	24.08	14.14	4.98	12.97	21.28	24.44	32.09	50.36	42.05	50.06	44.54
Inventory to Cash Days	-13.67	-21.12	-16.05	-11.88	-17.76	-12.33	-5.98	1.12	-0.87	-0.74	17.35	27.61	-0.76	-3.4	-0.17
Inventories	1,052	1,005	1,024	1,022	976	887	866	902	897	878	744	960	1,023	1,124	1,155
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	1,052	1,005	1,024	1,022	976	887	866	902	897	878	744	960	1,023	1,124	1,155

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	- -	- -	16,196	21,995	19,739	22,181	25,962	25,930	29,640	28,896	33,117	30,866	30,235	42,271	40,093
- Cash & Cash Equivalents	834	379	493	402	394	423	313	177	147	543	818	465	54	125	132
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	2	1	1	1	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	8,094	8,202	8,703	9,098	9,932	11,783	13,610	15,478	16,496	17,495	19,629	20,439	20,406	22,860	24,202
Enterprise Value	- -	- -	24,407	30,692	29,278	33,541	39,259	41,231	45,989	45,848	51,928	50,840	50,587	65,006	64,163
Total Capital	18,366	18,983	20,312	21,284	22,999	24,913	27,457	29,855	31,585	33,479	34,067	34,168	35,883	38,974	41,184
Total Debt/Capital (%)	44.07	43.21	42.85	42.75	43.18	47.3	49.57	51.84	52.23	52.26	57.62	59.82	56.87	58.65	58.77
Total Debt / EV	- -	- -	0.36	0.3	0.34	0.35	0.35	0.38	0.36	0.38	0.38	0.4	0.4	0.35	0.38
EV/Sales	- -	- -	2.45	2.82	2.81	3.74	4.32	4.25	4.56	4.77	5.34	5.19	4.5	6.32	5.27
EV/EBITDA	- -	- -	6.65	7.58	6.67	10.24	10.86	11.32	13.65	12.26	94.93	19.08	10.1	17.45	14.45
EV/EBIT	- -	- -	10.62	11.7	9.88	20.99	27.47	17.94	23.67	20.2	- -	36.81	13.73	27.63	21.53
EV/Cash Flow to Firm	- -	- -	7.18	9.03	7.03	9.38	- -	12.56	12.03	13	- -	- -	11.55	22.04	15.45
EV/Free Cash Flow to Firm	- -	- -	41.36	64.02	149.22	- -	- -	- -	82.45	93.05	- -	- -	48.03	- -	72.87
Diluted Market Cap	- -	- -	16,249	22,089	19,817	22,313	26,065	26,084	29,817	29,068	33,117	31,115	30,357	42,421	40,323
Diluted Enterprise Value	- -	- -	24,460	30,786	29,356	33,673	39,362	41,385	46,166	46,020	51,928	51,089	50,709	65,156	64,393
EV per Share	- -	- -	48.25	60.68	57.86	66.42	77.74	81.81	91.25	90.97	103.03	102.29	101.58	130.47	128.8
TTM Sales	11,079	9,781	9,968	10,886	10,415	8,966	9,094	9,696	10,076	9,603	9,722	9,800	11,237	10,290	12,168
TTM EBITDA	3,877	3,505	3,669	4,050	4,389	3,277	3,614	3,643	3,369	3,739	547	2,664	5,009	3,726	4,439
TTM Operating Income	2,742	2,278	2,299	2,623	2,962	1,598	1,429	2,244	2,345	2,111	1,762	1,477	3,685	2,353	2,980
TTM Cash Flow to Firm	3,837	3,055	3,401	3,400	4,165	3,576	- -	3,282	3,822	3,527	- -	- -	4,378	2,950	4,153
TTM Free Cash Flow to Firm	1,754	481	590	479	196	-722	- -	-776	558	493	- -	- -	1,053	-430	881

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	- -	- -	46.83	92.42	-396.35	-22.65	-24.9	-22.78	259.28	427.47	-30.64	-22.47	63.11	-34.02	1,550.87
EV/EBIT	- -	- -	10.62	11.7	9.88	20.99	27.47	17.94	23.67	20.2	- -	36.81	13.73	27.63	21.53
Enterprise Value	- -	- -	24,407	30,692	29,278	33,541	39,259	41,231	45,989	45,848	51,928	50,840	50,587	65,006	64,163
Low Price	- -	- -	31.41	31.18	37.06	37.84	41.66	46.13	50.66	35.19	54.11	54.29	54.95	56.95	74.77
EV/Sales	- -	- -	2.45	2.82	2.81	3.74	4.32	4.25	4.56	4.77	5.34	5.19	4.5	6.32	5.27
EV/EBITDA	- -	- -	6.65	7.58	6.67	10.24	10.86	11.32	13.65	12.26	94.93	19.08	10.1	17.45	14.45
Price/Earnings	- -	- -	13.03	14.49	11.73	25.01	16.49	18.03	17.51	15.17	- -	30	11.8	23.84	19.02
Price/Earnings Average	- -	- -	13.57	12.51	12.34	24.7	14.75	18.12	17.56	14.24	- -	31	11.96	21.13	19.49
Price/Earnings High	- -	- -	14.81	14.49	13.34	27.11	17.06	19.71	18.84	16.34	- -	36.12	12.61	26.73	21.51
Price/Earnings Low	- -	- -	12.78	10.39	11.15	21.54	13.37	16.17	15.08	9.31	- -	26.22	10.68	16.01	17.68
Price/Book Value	- -	- -	1.4	1.81	1.51	1.69	1.87	1.8	1.96	1.81	2.29	2.25	1.95	2.62	2.36
Price/Book Value Average	- -	- -	1.45	1.56	1.59	1.67	1.68	1.81	1.97	1.7	2.14	2.32	1.98	2.32	2.42
Price/Book Value High	- -	- -	1.59	1.81	1.72	1.83	1.94	1.97	2.11	1.95	2.3	2.71	2.09	2.94	2.67
Price/Book Value Low	- -	- -	1.37	1.29	1.44	1.46	1.52	1.62	1.69	1.11	1.89	1.97	1.77	1.76	2.19
Price/Tangible Book Value	- -	- -	1.4	1.82	1.52	1.7	1.89	1.82	1.98	1.83	2.3	2.25	1.95	2.62	2.36
Price/Tangible Book Value Average	- -	- -	1.46	1.57	1.6	1.68	1.69	1.83	1.99	1.71	2.14	2.33	1.98	2.32	2.42
Price/Tangible Book Value High	- -	- -	1.59	1.82	1.73	1.85	1.96	1.99	2.13	1.97	2.3	2.71	2.09	2.94	2.67
Price/Tangible Book Value Low	- -	- -	1.37	1.31	1.45	1.47	1.53	1.64	1.71	1.12	1.89	1.97	1.77	1.76	2.19
Price/Sales	- -	- -	1.62	2.02	1.89	2.47	2.85	2.67	2.94	3.01	3.41	3.16	2.69	4.11	3.3
Price/Sales Average	- -	- -	1.69	1.74	1.99	2.44	2.55	2.69	2.95	2.83	3.18	3.26	2.73	3.64	3.38
Price/Sales High	- -	- -	1.85	2.02	2.15	2.68	2.95	2.92	3.17	3.24	3.41	3.8	2.88	4.6	3.73
Price/Sales Low	- -	- -	1.59	1.45	1.8	2.13	2.31	2.4	2.53	1.85	2.8	2.76	2.44	2.76	3.07
Price/Cash Flow	- -	- -	5.13	6.96	5.03	6.7	7.96	8.9	8.77	9.32	19.08	20.58	7.94	19.81	12.18
Price/Cash Flow Average	- -	- -	5.34	6.01	5.29	6.61	7.12	8.94	8.8	8.75	17.81	21.27	8.05	17.55	12.48
Price/Cash Flow High	- -	- -	5.83	6.96	5.72	7.26	8.24	9.73	9.44	10.04	19.12	24.77	8.49	22.21	13.77
Price/Cash Flow Low	- -	- -	5.03	4.99	4.78	5.77	6.45	7.98	7.56	5.72	15.71	17.99	7.19	13.3	11.31
Price/Free Cash Flow Average	- -	- -	48.77	79.78	-416.8	-22.37	-22.26	-22.89	259.99	401.41	-28.6	-23.22	63.98	-30.15	1,589.03
Price/Free Cash Flow High	- -	- -	53.24	92.42	-450.69	-24.56	-25.75	-24.91	279	460.54	-30.7	-27.05	67.44	-38.14	1,753.58
Price/Free Cash Flow Low	- -	- -	45.94	66.28	-376.51	-19.52	-20.17	-20.42	223.35	262.37	-25.23	-19.64	57.12	-22.84	1,440.83
EV/Sales Average	- -	- -	2.52	2.54	2.91	3.71	4.01	4.27	4.57	4.59	5.11	5.29	4.54	5.85	5.35
EV/Sales High	- -	- -	2.67	2.82	3.07	3.95	4.42	4.5	4.79	5.01	5.35	5.83	4.69	6.81	5.7
EV/Sales Low	- -	- -	2.42	2.25	2.72	3.4	3.78	3.98	4.16	3.61	4.74	4.79	4.25	4.97	5.04
EV/EBITDA Average	- -	- -	6.84	6.84	6.9	10.15	10.1	11.35	13.68	11.79	90.91	19.47	10.18	16.16	14.68
EV/EBITDA High	- -	- -	7.26	7.58	7.29	10.8	11.11	11.98	14.32	12.86	95.06	21.45	10.51	18.82	15.64
EV/EBITDA Low	- -	- -	6.57	6.04	6.45	9.3	9.5	10.58	12.43	9.28	84.24	17.63	9.53	13.72	13.81
EV/EBIT Average	- -	- -	10.91	10.55	10.23	20.82	25.55	18	23.71	19.42	- -	37.56	13.84	25.58	21.86
EV/EBIT High	- -	- -	11.58	11.7	10.8	22.16	28.1	18.99	24.83	21.18	- -	41.37	14.29	29.8	23.29
EV/EBIT Low	- -	- -	10.48	9.33	9.55	19.07	24.03	16.77	21.56	15.28	- -	34	12.95	21.72	20.58
Last Price	- -	- -	32.02	43.48	39.01	43.92	51.41	51.45	58.81	57.33	65.71	62.11	60.71	84.84	80.48
High Price	- -	- -	36.4	43.48	44.36	47.62	53.18	56.25	63.28	61.77	65.84	74.77	64.88	95.12	91
Enterprise Value Average	- -	- -	25,079	27,683	30,297	33,266	36,509	41,354	46,071	44,086	49,725	51,872	51,001	60,196	65,150
Enterprise Value High	- -	- -	26,623	30,692	31,985	35,407	40,150	43,650	48,244	48,084	51,995	57,136	52,661	70,125	69,404
Enterprise Value Low	- -	- -	24,101	24,470	28,290	30,470	34,335	38,549	41,882	34,687	46,080	46,956	47,718	51,111	61,319

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	506	506	506	506	506	505	505	504	504	504	504	497	498	498	498
Diluted Weighted Avg Shares	507	507	508	508	508	508	507	507	507	507	504	501	500	500	501
Basic Weighted Avg Shares	506	506	506	506	505	505	505	504	504	504	504	498	498	498	499
Revenue per Share	21.9	19.33	19.7	21.51	20.62	17.75	18.01	19.24	19.99	19.05	19.29	19.68	22.56	20.66	24.38
EBITDA per Share	7.66	6.93	7.25	8	8.69	6.49	7.16	7.23	6.68	7.42	1.09	5.35	10.06	7.48	8.9
Operating Income per Share	5.42	4.5	4.54	5.18	5.87	3.16	2.83	4.45	4.65	4.19	3.5	2.97	7.4	4.72	5.97
Basic EPS, GAAP	2.97	2.52	2.46	3	3.32	1.76	3.12	2.85	3.36	3.78	-1.29	2.07	5.15	3.56	4.23
Basic EPS from Cont Ops	2.78	2.52	2.46	3	3.32	1.76	3.12	2.85	3.36	3.78	-1.29	2.07	5.15	3.56	4.23
Diluted EPS, GAAP	2.96	2.51	2.45	2.99	3.31	1.75	3.1	2.84	3.34	3.76	-1.29	2.06	5.13	3.54	4.21
Diluted EPS from Cont Ops	2.78	2.51	2.45	2.99	3.31	1.75	3.1	2.84	3.34	3.76	-1.29	2.06	5.13	3.54	4.21
Dividend per Share	1.37	1.42	1.44	1.48	1.56	1.64	1.72	1.81	1.88	1.97	2.05	2.17	2.28	2.4	2.52
Cash Flow per Share	7.03	5.51	6.24	6.25	7.76	6.56	6.46	5.78	6.7	6.15	3.44	3.02	7.64	4.28	6.61
Free Cash Flow per Basic Share	2.91	0.42	0.69	0.47	-0.1	-1.95	-2.07	-2.27	0.23	0.13	-2.14	-2.78	0.97	-2.5	0.05
Cash & Equivalents per Share	1.65	0.75	0.97	0.79	0.78	0.84	0.62	0.35	0.29	1.08	1.62	0.94	0.11	0.25	0.26
Book Value per Share	20.3	21.31	22.95	24.09	25.82	26	27.42	28.53	29.94	31.71	28.65	27.62	31.08	32.34	34.09
Tangible Book Value per Share	20.01	21.21	22.85	23.89	25.59	25.77	27.16	28.21	29.64	31.4	28.61	27.6	31.08	32.34	34.09