Simon Property Group, Inc. Financial Ratios — SQI 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 (%)	21.76	27.34	22.56	25.89	38.5	42.22	49.17	70.66	73.14	40.47	71.12	66.58	75.01	80.49	114.62
Return on Assets (%)	4.01	4.88	4	4.48	6.08	5.96	6.15	7.75	6.79	3.37	6.56	6.41	6.79	7.11	12.68
Return on Capital (%)	7.51	8.11	7.15	7.58	8.92	8.57	8.58	10.15	9.28	- -	8.77	8.61	9.34	9.94	15.12
Return on Invested Capital (%)	8.13	7.3	7.11	8.3	9.7	9.63	9.71	10.24	10.44	- -	7.44	8.4	9.15	10.47	9.81
Gross Margin (%)	78.64	81.19	81.56	81.88	81.77	82.13	82.27	82.15	82.25	80.75	81.02	81.08	81.83	82.5	81.9
EBITDA Margin (%)	70.95	77.71	77.5	75.37	74.21	74.49	75.26	75.75	74.84	72.2	73.07	73.24	73.17	74.66	74.31
Operating Margin (%)	45.12	46.99	48.17	48.97	50.68	50.06	50.7	51.84	50.61	42.8	47.16	48.83	49.6	51.86	49.89
Incremental Operating Margin (%)	36.51	- -	65.65	60.15	71.73	30.72	88.5	105.09	- -	81.99	86.67	97.54	60.83	93.71	20.61
Pretax Margin (%)	29.2	37.1	30.95	33.88	41.01	39.82	41.04	50.65	42.63	27.62	53.27	47.92	47.69	46.15	84.84
Profit Margin (%)	23.8	33.7	29.04	28.92	34.71	33.83	35.24	43.22	36.52	24.15	43.97	40.43	40.35	39.75	72.71
Net Income to Common Margin (%)	23.72	33.63	28.97	28.85	34.64	33.77	35.18	43.16	36.46	24.07	43.9	40.37	40.29	39.7	72.66
Effective Tax Rate (%)	0.92	1	2.81	1.7	0.93	1.37	1.03	1.29	1.23	- -	5.77	3.29	3.03	0.85	0.66
Dvd Payout Ratio (%)	84.77	80.32	105.75	100.65	89.58	96.93	101.18	88.04	107.46	115.44	93.17	93.74	94.77	98.66	52.98
Sustainable Growth Rate (%)	3.31	5.38	-1.3	-0.17	4.01	1.3	-0.58	8.45	-5.46	-6.25	4.86	4.16	3.92	1.08	53.9

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	18,446	23,113	22,670	20,853	22,417	22,977	24,632	23,306	24,680	27,239	25,828	25,458	26,518	24,785	29,187
ST Debt	- -	- -	- -	409	879	954	978	759	1,327	623	500	- -	- -	- -	355
LT Debt	18,446	23,113	22,670	20,444	21,538	22,023	23,654	22,547	23,353	26,616	25,328	25,458	26,518	24,785	28,832
Total Debt/EBITDA	6.04	6.99	6.44	5.68	5.74	5.68	5.92	5.45	5.73	8.19	6.91	6.57	6.4	5.57	6.17
Net Debt/EBITDA	5.78	6.63	5.96	5.51	5.56	5.54	5.57	5.33	5.45	7.73	6.63	6.28	6.01	5.13	5.84
Total Debt/EBIT	9.49	11.52	10.36	8.74	8.4	8.44	8.79	7.96	8.47	13.81	10.7	9.85	9.45	8.01	9.19
Net Debt/EBIT	9.08	10.93	9.59	8.49	8.14	8.24	8.26	7.79	8.07	13.04	10.27	9.42	8.86	7.39	8.69
EBITDA to Interest Expense	3.11	3.1	3.25	3.7	4.23	4.72	5.14	5.24	5.46	4.24	4.7	5.09	4.84	4.92	4.85
EBITDA-CapEx/Interest Expense	3.11	3.1	3.25	3.7	4.23	4.72	5.14	5.24	5.46	4.24	4.7	5.09	4.84	4.92	4.85
EBIT to Interest Expense	1.98	1.87	2.02	2.4	2.89	3.17	3.46	3.59	3.69	2.51	3.03	3.39	3.28	3.41	3.26
Interest Expense	984	1,068	1,082	993	924	858	809	816	789	784	796	761	855	906	975
Common Equity/Total Assets	17.56	18	17.42	17.1	14.49	13.72	11.29	10.6	7.95	8.62	9.83	9.38	8.7	8.95	12.73
Long-Term Debt/Equity (%)	317.37	326.87	323.25	342.04	410.88	432.03	534.04	559.88	746.03	727.56	575.54	665.77	719.12	688.57	429.98
Long-Term Debt/Capital (%)	76.04	76.57	76.37	76.2	77.87	78.45	81.39	82.49	83.97	86.14	83.79	86.94	87.79	87.32	80.33
Long-Term Debt/Total Assets (%)	70.36	70.93	68.03	69.23	70.47	70.81	73.33	73.48	74.77	76.51	74.98	77.12	77.35	76.48	71
Total Debt/Equity (%)	317.37	326.87	323.25	348.88	427.64	450.74	556.13	578.71	788.42	744.59	586.9	665.77	719.12	688.57	435.27
Total Debt/Capital (%)	76.04	76.57	76.37	77.72	81.05	81.84	84.76	85.27	88.74	88.16	85.44	86.94	87.79	87.32	81.32
Total Debt/Total Assets (%)	70.36	70.93	68.03	70.61	73.34	73.87	76.36	75.95	79.02	78.3	76.47	77.12	77.35	76.48	71.88
Net Debt to Equity	303.63	310.11	299.14	338.64	414.27	439.75	522.67	565.94	750.53	702.85	563.25	636.49	674.27	635.21	411.71
Net Debt/Capital (%)	75.22	75.62	74.95	77.2	80.55	81.47	83.94	84.98	86.56	86.03	83.47	84.92	85.63	84.73	78.72
EBITDA	3,056	3,308	3,522	3,671	3,908	4,049	4,160	4,276	4,307	3,327	3,739	3,876	4,141	4,453	4,730
EBITDA-CapEx	3,056	3,308	3,522	3,671	3,908	4,049	4,160	4,276	4,307	3,327	3,739	3,876	4,141	4,453	4,730
Operating Income (Loss)	1,943	2,000	2,189	2,385	2,669	2,721	2,802	2,926	2,913	1,972	2,413	2,584	2,807	3,093	3,175

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	0.45	0.56	0.5	0.22	0.2	0.16	0.41	0.14	0.16	0.25	0.15	0.19	0.63	0.41	0.2
Current Ratio	1.28	1.03	1.68	0.55	0.48	0.48	0.77	0.5	0.47	0.68	0.67	0.66	1.04	0.83	0.57
Quick Ratio	1.28	1.03	0.79	0.55	0.48	0.48	0.77	0.5	0.47	0.68	0.57	0.66	1.04	0.83	0.57
CFO/Avg Current Liab	1.35	1.29	0.98	0.88	0.94	0.95	1	1.03	0.96	0.56	0.97	1.12	1.18	1.11	1.11
Common Equity/Total Assets	17.56	18	17.42	17.1	14.49	13.72	11.29	10.6	7.95	8.62	9.83	9.38	8.7	8.95	12.73
Long-Term Debt/Equity (%)	317.37	326.87	323.25	342.04	410.88	432.03	534.04	559.88	746.03	727.56	575.54	665.77	719.12	688.57	429.98
Long-Term Debt/Capital (%)	76.04	76.57	76.37	76.2	77.87	78.45	81.39	82.49	83.97	86.14	83.79	86.94	87.79	87.32	80.33
Long-Term Debt/Total Assets (%)	70.36	70.93	68.03	69.23	70.47	70.81	73.33	73.48	74.77	76.51	74.98	77.12	77.35	76.48	71
Total Debt/Equity (%)	317.37	326.87	323.25	348.88	427.64	450.74	556.13	578.71	788.42	744.59	586.9	665.77	719.12	688.57	435.27
Total Debt/Capital (%)	76.04	76.57	76.37	77.72	81.05	81.84	84.76	85.27	88.74	88.16	85.44	86.94	87.79	87.32	81.32
Total Debt/Total Assets (%)	70.36	70.93	68.03	70.61	73.34	73.87	76.36	75.95	79.02	78.3	76.47	77.12	77.35	76.48	71.88
CFO/Total Liabilities	9.83	9.85	10.27	11.59	11.94	12.97	12.91	14.07	13.55	7.47	12.38	12.9	12.85	13.24	12.2
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	1.33	1.29	1.33	1.66	1.62	1.45	1.37	1.36	1.13	0.56	1.15	0.91	1.1	1.36	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	- -	8.44	8.72	8.85	8.74	8.43	7.86	7.49	7.21	4.45	4.75	6.07	6.86	7.35	7.36
Days Sales Outstanding	- -	43.22	41.84	41.24	41.75	43.29	46.47	48.7	50.61	81.95	76.91	60.12	53.2	49.65	49.62
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	36,395	45,992	45,152	57,857	60,287	54,696	53,461	51,387	45,087	27,321	51,357	38,153	46,339	55,399	60,891
- Cash & Cash Equivalents	799	1,185	1,691	612	701	560	1,482	514	669	1,012	534	622	1,169	1,400	823
+ Preferred Equity and Hybrid Capital	45	45	44	44	44	43	43	43	42	42	42	41	41	41	40
+ Minority/Non Controlling Interest	1,163	1,160	1,164	884	770	787	743	730	604	619	1,039	685	665	658	1,497
+ Total Debt	18,446	23,113	22,670	20,853	22,417	22,977	24,632	23,306	24,680	27,239	25,828	25,458	26,518	24,785	29,187
Enterprise Value	55,250	69,125	67,339	79,026	82,817	77,943	77,398	74,952	69,744	54,209	77,732	63,717	71,394	79,481	90,792
Total Capital	24,259	30,184	29,683	26,830	27,659	28,075	29,062	27,333	27,810	30,897	30,229	29,282	30,206	28,384	35,892
Total Debt/Capital (%)	76.04	76.57	76.37	77.72	81.05	81.84	84.76	85.27	88.74	88.16	85.44	86.94	87.79	87.32	81.32
Total Debt / EV	0.33	0.33	0.34	0.26	0.27	0.29	0.32	0.31	0.35	0.5	0.33	0.4	0.37	0.31	0.32
EV/Sales	12.83	16.24	14.82	16.22	15.73	14.34	14	13.28	12.12	11.77	15.19	12.04	12.62	13.33	14.27
EV/EBITDA	18.08	20.9	19.12	21.53	21.19	19.25	18.61	17.53	16.19	16.29	20.79	16.44	17.24	17.85	19.2
EV/EBIT	28.43	34.46	30.77	33.13	31.03	28.65	27.62	25.61	23.94	27.49	32.21	24.66	25.43	25.7	28.59
EV/Cash Flow to Firm	18.54	19.36	17.94	21.32	21.02	18.48	17.61	16.45	15.2	- -	17.72	14.15	15	16.87	17.79
EV/Free Cash Flow to Firm	18.54	19.36	17.94	21.32	21.02	18.48	17.61	16.45	15.2	- -	17.72	14.15	15	16.87	17.79
Diluted Market Cap	35,886	44,988	45,101	57,846	60,420	54,629	53,608	51,489	45,269	25,678	51,352	38,254	46,465	55,368	61,105
Diluted Enterprise Value	54,741	68,121	67,288	79,015	82,950	77,876	77,544	75,053	69,926	52,566	77,727	63,818	71,520	79,451	91,006
EV per Share	185.57	223.05	216.8	254.28	267.65	248.96	249.13	242.55	227.28	165.02	236.54	194.88	219.05	243.6	279.17
TTM Sales	4,306	4,256	4,544	4,871	5,266	5,435	5,527	5,645	5,755	4,608	5,117	5,291	5,659	5,964	6,365
TTM EBITDA	3,056	3,308	3,522	3,671	3,908	4,049	4,160	4,276	4,307	3,327	3,739	3,876	4,141	4,453	4,730
TTM Operating Income	1,943	2,000	2,189	2,385	2,669	2,721	2,802	2,926	2,913	1,972	2,413	2,584	2,807	3,093	3,175
TTM Cash Flow to Firm	2,980	3,571	3,753	3,706	3,940	4,218	4,395	4,556	4,588	- -	4,387	4,503	4,760	4,713	5,105
TTM Free Cash Flow to Firm	2,980	3,571	3,753	3,706	3,940	4,218	4,395	4,556	4,588	- -	4,387	4,503	4,760	4,713	5,105

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	17.89	17.9	16.7	21.19	19.98	16.2	14.92	13.73	11.89	11.04	14.12	10.16	11.82	14.51	14.77
EV/EBIT	28.43	34.46	30.77	33.13	31.03	28.65	27.62	25.61	23.94	27.49	32.21	24.66	25.43	25.7	28.59
Enterprise Value	55,250	69,125	67,339	79,026	82,817	77,943	77,398	74,952	69,744	54,209	77,732	63,717	71,394	79,481	90,792
Low Price	89.47	117.77	134.79	141.64	171.13	173.93	151.74	145.33	142.8	43.46	82.68	87	100.54	135.22	135.21
EV/Sales	12.83	16.24	14.82	16.22	15.73	14.34	14	13.28	12.12	11.77	15.19	12.04	12.62	13.33	14.27
EV/EBITDA	18.08	20.9	19.12	21.53	21.19	19.25	18.61	17.53	16.19	16.29	20.79	16.44	17.24	17.85	19.2
Price/Earnings	35.12	31.43	34.26	41.16	33.12	29.76	27.57	21.13	21.57	23.15	22.86	17.91	20.38	23.39	13.21
Price/Earnings Average	30.76	29.58	35.32	36.31	31.89	33.87	26.49	21.36	23.98	22.73	18.61	17.96	16.61	21.54	12.07
Price/Earnings High	35.61	32.56	39.92	41.16	35.16	38.76	29.93	24.17	27.21	41.73	24.87	25.12	20.75	25.47	13.25
Price/Earnings Low	25.71	24.94	31.77	31.32	29.09	29.63	24.31	18.47	20.97	12.1	12.09	13.35	14.41	18.62	9.54
Price/Book Value	7.9	7.84	7.78	11.46	13.62	12.82	14.67	15.79	18.15	9.12	15.47	12.32	15.54	19.1	11.78
Price/Book Value Average	6.92	7.38	8.02	10.11	13.11	14.59	14.1	15.97	20.17	8.95	12.59	12.35	12.67	17.59	10.76
Price/Book Value High	8.01	8.12	9.06	11.46	14.46	16.69	15.93	18.07	22.89	16.43	16.83	17.28	15.82	20.8	11.81
Price/Book Value Low	5.79	6.22	7.21	8.72	11.96	12.76	12.94	13.8	17.64	4.76	8.18	9.18	10.99	15.21	8.51
Price/Tangible Book Value	8.45	8.58	8.32	12.21	14.52	13.74	15.57	16.56	18.88	9.29	15.72	12.47	15.69	19.25	11.94
Price/Tangible Book Value Average	7.4	8.08	8.57	10.77	13.98	15.63	14.96	16.74	20.98	9.12	12.8	12.51	12.79	17.73	10.91
Price/Tangible Book Value High	8.56	8.89	9.69	12.21	15.42	17.89	16.9	18.94	23.81	16.74	17.1	17.49	15.98	20.96	11.97
Price/Tangible Book Value Low	6.18	6.81	7.71	9.29	12.75	13.68	13.73	14.47	18.35	4.85	8.32	9.3	11.1	15.33	8.63
Price/Sales	8.33	10.57	9.93	11.88	11.47	10.05	9.7	9.12	7.87	5.57	10.04	7.23	8.21	9.28	9.6
Price/Sales Average	7.3	9.95	10.23	10.47	11.05	11.44	9.32	9.22	8.74	5.47	8.17	7.25	6.69	8.55	8.77
Price/Sales High	8.45	10.95	11.56	11.88	12.18	13.09	10.53	10.43	9.92	10.05	10.92	10.14	8.36	10.11	9.63
Price/Sales Low	6.1	8.39	9.2	9.04	10.08	10.01	8.55	7.97	7.64	2.91	5.31	5.39	5.81	7.39	6.93
Price/Cash Flow	17.89	17.9	16.7	21.19	19.98	16.2	14.92	13.73	11.89	11.04	14.12	10.16	11.82	14.51	14.77
Price/Cash Flow Average	15.66	16.85	17.21	18.69	19.23	18.43	14.34	13.88	13.21	10.84	11.49	10.18	9.64	13.37	13.5
Price/Cash Flow High	18.13	18.54	19.45	21.19	21.21	21.09	16.2	15.7	14.99	19.9	15.36	14.25	12.03	15.81	14.81
Price/Cash Flow Low	13.09	14.21	15.48	16.12	17.54	16.13	13.15	12	11.55	5.77	7.47	7.57	8.36	11.56	10.67
Price/Free Cash Flow Average	15.67	16.85	17.21	18.69	19.23	18.43	14.34	13.88	13.21	10.84	11.49	10.18	9.64	13.37	13.5
Price/Free Cash Flow High	18.14	18.54	19.45	21.19	21.21	21.09	16.2	15.7	14.99	19.9	15.36	14.25	12.03	15.81	14.81
Price/Free Cash Flow Low	13.09	14.21	15.48	16.12	17.54	16.13	13.15	12	11.55	5.77	7.47	7.57	8.36	11.56	10.67
EV/Sales Average	11.78	15.61	15.13	14.82	15.3	15.73	13.63	13.38	12.99	11.66	13.32	12.06	11.1	12.59	13.44
EV/Sales High	12.95	16.63	16.46	16.22	16.43	17.38	14.83	14.59	14.16	16.53	16.07	14.94	12.76	14.16	14.29
EV/Sales Low	10.56	14.01	14.1	13.38	14.33	14.3	12.86	12.13	11.9	8.93	10.46	10.21	10.22	11.44	11.61
EV/EBITDA Average	16.6	20.08	19.52	19.67	20.62	21.12	18.11	17.66	17.36	16.15	18.23	16.47	15.17	16.87	18.08
EV/EBITDA High	18.25	21.4	21.24	21.53	22.14	23.33	19.71	19.26	18.93	22.89	22	20.4	17.44	18.96	19.23
EV/EBITDA Low	14.89	18.03	18.19	17.76	19.31	19.19	17.09	16.01	15.9	12.37	14.32	13.94	13.96	15.32	15.62
EV/EBIT Average	26.11	33.11	31.4	30.27	30.19	31.42	26.88	25.81	25.67	27.24	28.25	24.7	22.38	24.29	26.93
EV/EBIT High	28.69	35.28	34.17	33.13	32.42	34.72	29.25	28.14	27.99	38.62	34.08	30.61	25.73	27.3	28.64
EV/EBIT Low	23.41	29.72	29.27	27.33	28.28	28.56	25.36	23.4	23.51	20.88	22.19	20.91	20.6	22.05	23.27
Last Price	122.24	148.41	145.37	186.16	194.84	174.71	172.09	166.29	146.93	83.17	156.28	116.69	142.18	169.79	187.23
High Price	123.93	153.73	169.35	186.16	206.85	227.5	186.83	190.23	185.29	149.94	170.01	163.67	144.74	184.93	187.71
Enterprise Value Average	50,729	66,419	68,735	72,198	80,574	85,498	75,315	75,521	74,769	53,714	68,178	63,822	62,826	75,110	85,529
Enterprise Value High	55,754	70,775	74,787	79,026	86,534	94,472	81,979	82,349	81,517	76,145	82,243	79,077	72,229	84,423	90,948
Enterprise Value Low	45,493	59,630	64,054	65,189	75,480	77,702	71,076	68,473	68,477	41,166	53,547	54,010	57,822	68,202	73,876

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	298	310	311	311	309	313	311	309	307	329	329	327	326	326	325
Diluted Weighted Avg Shares	294	303	310	311	310	313	312	310	308	309	329	328	327	326	326
Basic Weighted Avg Shares	294	303	310	311	310	313	312	310	308	309	329	328	327	326	326
Revenue per Share	14.67	14.04	14.65	15.68	16.98	17.38	17.74	18.23	18.68	14.92	15.57	16.14	17.32	18.29	19.5
EBITDA per Share	10.41	10.91	11.35	11.81	12.6	12.95	13.35	13.81	13.98	10.78	11.38	11.82	12.67	13.65	14.49
Operating Income per Share	6.62	6.6	7.05	7.68	8.61	8.7	9	9.45	9.45	6.39	7.34	7.88	8.59	9.48	9.73
Basic EPS, GAAP	3.48	4.72	4.24	4.52	5.88	5.87	6.24	7.87	6.81	3.59	6.84	6.52	6.98	7.26	14.17
Basic EPS from Cont Ops	4.24	5.16	4.41	5.22	6.9	6.83	7.21	9.12	7.86	4.14	7.82	7.48	8.01	8.37	16.44
Diluted EPS, GAAP	3.48	4.72	4.24	4.52	5.88	5.87	6.24	7.87	6.81	3.59	6.84	6.52	6.98	7.26	14.17
Diluted EPS from Cont Ops	4.24	5.16	4.41	5.22	6.9	6.83	7.21	9.12	7.86	4.14	7.82	7.48	8.01	8.37	16.44
Dividend per Share	4.24	4.9	5.45	6.04	7.08	7.53	8.26	9.11	9.57	5.39	8.19	7.91	8.56	9.34	9.91
Cash Flow per Share	6.83	8.29	8.71	8.79	9.75	10.79	11.54	12.11	12.36	7.54	11.07	11.49	12.03	11.7	12.67
Free Cash Flow per Basic Share	6.83	8.29	8.71	8.79	9.75	10.79	11.54	12.11	12.36	7.54	11.07	11.49	12.03	11.7	12.67
Cash & Equivalents per Share	2.68	3.82	5.44	1.97	2.27	1.79	4.77	1.66	2.18	3.08	1.62	1.9	6.65	4.29	2.53
Book Value per Share	15.47	18.93	18.69	16.25	14.31	13.63	11.73	10.53	8.09	9.12	10.1	9.47	9.15	8.89	15.89
Tangible Book Value per Share	14.47	17.29	17.48	15.24	13.42	12.72	11.06	10.04	7.78	8.96	9.94	9.36	9.06	8.82	15.68