V.F. Corporation Financial Ratios — VFP Stock

Profitability (USD)

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Return on Common Equity (%)	22.5	21.6	17.89	22.36	20.8	14.2	6.82	31.55	17.75	12.72	42.11	3.68	-42.41	-12.06	15.28
Return on Assets (%)	11.46	12.13	10.39	12.64	11.09	6.24	2.49	12.19	6.32	3.28	10.24	0.87	-7.57	-1.81	2.73
Return on Capital (%)	17.01	17.6	11.43	18.18	14.56	9.34	3.9	18.61	9.7	5.41	14.42	- -	- -	-1.34	5.55
Return on Invested Capital (%)	16.23	17.24	18.57	17.42	16.48	4.19	3.79	13.4	10.04	4.88	12.12	- -	- -	1.78	6.12
Gross Margin (%)	46.53	48.06	48.55	49.04	49.3	54.15	50.54	54.65	55.28	52.69	54.51	52.27	51.56	53.49	54.78
EBITDA Margin (%)	15.65	16.64	17.45	17.43	15.75	13.36	12.53	14.08	11.4	9.49	16.04	11.28	1.65	5.93	8.92
Operating Margin (%)	13.47	14.42	15.14	14.96	13.92	10.52	10.18	11.59	11.93	6.8	13.78	9.01	3.67	4.13	6.32
Incremental Operating Margin (%)	15.52	33.69	32.71	17.34	- -	24.77	10.72	12.19	27.45	49.85	38.58	84.18	54.11	- -	213.17
Pretax Margin (%)	13.07	13.68	14.42	14.23	11.65	9.39	9.66	10.11	6.93	4.94	12.86	6.65	-2.87	1.53	3.55
Profit Margin (%)	9.98	10.6	8.82	11.2	9.74	7.33	8.3	12.27	6.48	4.41	11.71	1.07	-9.77	-2	2.65
Net Income to Common Margin (%)	9.98	10.6	8.82	11.2	9.74	7.33	8.3	12.27	6.48	4.41	11.71	1.07	-9.77	-2	2.65
Effective Tax Rate (%)	23.61	22.55	22.52	22.2	16.02	65.98	11.21	16.17	13.48	22.25	20.15	- -	- -	52.24	25.29
Dvd Payout Ratio (%)	30.68	33.23	29.78	46.45	54.02	255.41	69.45	88.12	119	213.24	63.57	93	-29.76	202.19	55.21
Sustainable Growth Rate (%)	15.6	14.42	12.56	11.97	9.57	-22.07	2.09	3.75	-3.37	-14.4	15.34	0.26	-55.03	12.33	6.84

Credit (USD)

Credit Ratios API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Total Debt	1,845	1,451	1,440	1,855	2,319	2,923	3,744	2,780	5,211	7,362	6,798	8,151	7,349	5,366	4,983
ST Debt	415	24	26	453	280	736	1,531	664	1,582	416	1,190	1,268	1,560	861	344
LT Debt	1,429	1,427	1,414	1,402	2,039	2,188	2,213	2,116	3,629	6,946	5,608	6,883	5,790	4,505	4,640
Total Debt/EBITDA	1.08	0.76	0.69	0.97	1.33	2.61	9.81	1.92	4.36	8.4	3.58	6.52	44.92	9.52	5.81
Net Debt/EBITDA	0.73	0.35	0.23	0.47	0.63	2.1	8.03	1.64	2.07	5.6	2.18	4.66	32.46	6.3	3.16
Total Debt/EBIT	1.26	0.88	0.8	1.13	1.59	3.31	12.07	2.34	5.62	12.12	4.17	8.16	-51.06	17.66	8.64
Net Debt/EBIT	0.85	0.41	0.26	0.55	0.75	2.67	9.88	2	2.66	8.07	2.54	5.84	-36.9	11.68	4.69
EBITDA to Interest Expense	18.2	22.42	24.08	21.6	18.34	11	15.64	13.42	12.99	6.46	13.92	8.2	0.88	3.24	5.14
EBITDA-CapEx/Interest Expense	17.87	21.78	23.29	20.89	17.87	10.38	14.85	12.93	12.49	5.91	13.31	7.59	0.55	3.01	4.83
EBIT to Interest Expense	15.65	19.43	20.89	18.53	16.21	8.66	12.71	11.05	13.59	4.63	11.96	6.55	1.96	2.26	3.64
Interest Expense	94	85	86	89	95	102	24	108	92	136	136	153	186	174	167
Common Equity/Total Assets	53.21	58.91	57.19	55.86	50.73	37.35	35.77	41.5	30.16	22.22	26.46	20.8	14.28	15.86	19.91
Long-Term Debt/Equity (%)	27.88	23.48	25.11	26.03	41.27	58.81	59.99	49.22	108.09	227.27	158.85	236.47	349.11	302.87	250.81
Long-Term Debt/Capital (%)	20.5	18.95	20	19.36	28.09	32.93	29.77	29.89	42.35	66.67	54.29	62.22	64.27	65.73	67.9
Long-Term Debt/Total Assets (%)	14.84	13.83	14.36	14.54	20.94	21.97	21.46	20.43	32.6	50.5	42.03	49.2	49.85	48.04	49.94
Total Debt/Equity (%)	35.99	23.87	25.57	34.44	46.93	78.59	101.51	64.68	155.22	240.88	192.57	280.03	443.16	360.78	269.39
Total Debt/Capital (%)	26.46	19.27	20.36	25.62	31.94	44	50.38	39.28	60.82	70.66	65.82	73.69	81.59	78.3	72.93
Total Debt/Total Assets (%)	19.15	14.06	14.62	19.24	23.81	29.36	36.31	26.84	46.81	53.52	50.95	58.26	63.29	57.22	53.64
Net Debt to Equity	24.33	11.1	8.31	16.91	22.08	63.44	83.06	55.32	73.54	160.51	117.41	200.36	320.23	238.59	146.28
Net Debt/Capital (%)	19.57	9.99	7.67	14.46	18.09	38.81	45.37	35.62	34.29	51.09	45.78	56.91	63.59	55.24	45.03
EBITDA	1,703	1,900	2,073	1,917	1,737	1,122	382	1,446	1,195	877	1,899	1,251	164	563	857
EBITDA-CapEx	1,672	1,846	2,005	1,854	1,693	1,058	362	1,393	1,150	801	1,816	1,158	102	524	806
Operating Income (Loss)	1,465	1,647	1,798	1,645	1,535	883	310	1,190	1,251	628	1,632	999	364	393	607

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Cash Ratio	0.34	0.5	0.6	0.49	0.69	0.21	0.22	0.15	0.45	0.64	0.38	0.23	0.19	0.16	0.38
Current Ratio	1.99	2.48	2.5	2.14	2.4	1.6	1.49	1.76	1.66	2.17	1.38	1.45	1.22	1.4	1.84
Quick Ratio	1.05	1.36	1.39	1.15	1.33	0.73	0.67	0.67	0.89	1.23	0.83	0.68	0.56	0.66	1.05
CFO/Avg Current Liab	0.75	0.91	1.11	0.68	0.79	0.65	-0.08	0.57	0.31	0.5	0.31	-0.19	0.29	0.15	0.28
Common Equity/Total Assets	53.21	58.91	57.19	55.86	50.73	37.35	35.77	41.5	30.16	22.22	26.46	20.8	14.28	15.86	19.91
Long-Term Debt/Equity (%)	27.88	23.48	25.11	26.03	41.27	58.81	59.99	49.22	108.09	227.27	158.85	236.47	349.11	302.87	250.81
Long-Term Debt/Capital (%)	20.5	18.95	20	19.36	28.09	32.93	29.77	29.89	42.35	66.67	54.29	62.22	64.27	65.73	67.9
Long-Term Debt/Total Assets (%)	14.84	13.83	14.36	14.54	20.94	21.97	21.46	20.43	32.6	50.5	42.03	49.2	49.85	48.04	49.94
Total Debt/Equity (%)	35.99	23.87	25.57	34.44	46.93	78.59	101.51	64.68	155.22	240.88	192.57	280.03	443.16	360.78	269.39
Total Debt/Capital (%)	26.46	19.27	20.36	25.62	31.94	44	50.38	39.28	60.82	70.66	65.82	73.69	81.59	78.3	72.93
Total Debt/Total Assets (%)	19.15	14.06	14.62	19.24	23.81	29.36	36.31	26.84	46.81	53.52	50.95	58.26	63.29	57.22	53.64
CFO/Total Liabilities	28.29	35.53	41.81	28.29	30.86	23.64	-3.67	27.47	11.25	12.28	8.81	-5.92	10.19	5.9	9.02
CFO/CapEx	41.28	27.9	25.93	19.02	33.48	23.17	-12.61	31.27	19.16	17.38	10.43	-7.04	16.5	11.7	13.14
Altman's Z-Score	- -	8.3	9.01	7.68	6.13	5.16	3.56	5.91	3.92	3.58	3.92	2.28	1.54	2	2.31

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Accounts Receivable Turnover	9.29	8.84	9.01	8.57	9.04	6.51	2.15	7.38	7.83	7.09	8.56	7.21	6.9	7.35	6.99
Days Sales Outstanding	39.29	41.28	40.5	42.59	40.37	56.06	170.1	49.44	46.64	51.48	42.63	50.66	52.89	49.63	52.24
Inventory Turnover	4.14	4.31	4.24	3.69	3.75	2.46	0.84	3.07	3.8	3.71	4.34	2.85	2.41	2.66	2.9
Days Inventory Outstanding	88.08	84.71	86.04	98.95	97.29	148.46	432.29	118.94	95.99	98.36	84.04	127.97	151.62	137.26	125.98
Accounts Payable Turnover	9.53	9.95	9.32	8.28	8.39	5.98	2.47	7.4	10.73	9.51	11.19	8.23	4.88	5.51	5.06
Accounts Payable Turnover Days	38.29	36.69	39.16	44.09	43.49	61.01	147.66	49.33	34.01	38.37	32.61	44.37	74.8	66.2	72.14
Cash Conversion Cycle	89.08	89.3	87.38	97.44	94.17	143.5	454.73	119.04	108.62	111.47	94.06	134.26	129.71	120.69	106.08
Inventory to Cash Days	-48.78	-43.44	-45.54	-56.36	-56.92	-92.39	-262.18	-69.5	-49.34	-46.88	-41.42	-77.31	-98.73	-87.62	-73.74
Inventories	1,354	1,399	1,483	1,555	1,425	1,707	1,861	1,173	1,294	1,062	1,419	2,293	1,698	1,627	1,371
Raw Materials	157	145	146	147	94	105	104	26	25	24	14	13	- -	- -	- -
Work In Process	98	95	105	94	97	110	104	59	68	54	51	40	40	39	34
Finished Goods	1,099	1,160	1,233	1,314	1,233	1,491	1,654	1,088	1,202	983	1,353	2,240	1,658	1,588	1,337
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Market Capitalization	- -	25,510	30,580	25,423	20,920	27,888	27,237	32,318	22,879	31,226	22,654	8,515	5,715	6,112	6,508
- Cash & Cash Equivalents	597	776	972	944	1,228	563	681	402	1,369	816	1,276	815	656	429	824
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	1,845	1,451	1,440	1,855	2,319	2,923	3,744	2,780	5,211	7,362	6,798	8,151	7,349	5,366	4,983
Enterprise Value	- -	26,184	31,048	26,333	22,011	30,247	30,300	34,696	26,722	37,173	28,177	15,851	12,408	11,037	10,655
Total Capital	6,970	7,528	7,071	7,240	7,260	6,643	7,432	7,079	8,569	10,418	10,329	11,062	9,008	6,853	6,833
Total Debt/Capital (%)	26.46	19.27	20.36	25.62	31.94	44	50.38	39.28	60.82	70.66	65.82	73.69	81.59	78.3	72.93
Total Debt / EV	- -	0.06	0.05	0.07	0.11	0.1	0.12	0.08	0.2	0.2	0.24	0.51	0.59	0.49	0.47
EV/Sales	- -	2.29	2.61	2.39	2	3.6	9.95	3.38	2.55	4.02	2.38	1.43	1.25	1.16	1.11
EV/EBITDA	- -	13.78	14.98	13.74	12.67	26.97	79.4	24	22.35	42.4	14.84	12.67	75.85	19.59	12.43
EV/EBIT	- -	15.9	17.27	16.01	15.12	34.24	97.72	29.15	28.8	61.18	17.26	15.87	- -	36.33	18.48
EV/Cash Flow to Firm	- -	16.66	16.98	20.69	14.11	20.04	- -	19.77	28.01	26.2	28.95	- -	- -	20.13	13.39
EV/Free Cash Flow to Firm	- -	17.25	17.63	21.77	14.52	20.92	- -	20.39	29.41	27.68	31.65	- -	- -	21.7	14.31
Diluted Market Cap	- -	25,886	31,096	25,748	21,328	28,433	27,718	32,617	23,534	31,240	22,894	8,509	5,708	6,157	6,580
Diluted Enterprise Value	- -	26,561	31,563	26,659	22,419	30,793	30,781	34,995	27,376	37,187	28,416	15,845	12,401	11,082	10,728
EV per Share	- -	59.47	71.73	61.73	53.17	76.42	76.84	87.43	68.73	94.84	72.56	40.78	31.91	28.32	27.22
TTM Sales	10,880	11,420	11,882	10,996	11,026	8,395	3,045	10,267	10,489	9,239	11,842	11,089	9,916	9,505	9,605
TTM EBITDA	1,703	1,900	2,073	1,917	1,737	1,122	382	1,446	1,195	877	1,899	1,251	164	563	857
TTM Operating Income	1,465	1,647	1,798	1,645	1,535	883	310	1,190	1,251	628	1,632	999	364	393	607
TTM Cash Flow to Firm	1,347	1,572	1,829	1,273	1,560	1,509	-222	1,755	954	1,419	973	- -	- -	548	796
TTM Free Cash Flow to Firm	1,316	1,518	1,761	1,209	1,516	1,446	-241	1,701	909	1,343	890	- -	- -	509	745

Multiples (USD)

Valuation Multiples API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Price/Free Cash Flow	- -	17.83	18.35	22.58	14.85	20.15	-105.59	20.25	28.39	25.24	29.3	-11.36	5.99	14.47	10.61
EV/EBIT	- -	15.9	17.27	16.01	15.12	34.24	97.72	29.15	28.8	61.18	17.26	15.87	- -	36.33	18.48
Enterprise Value	- -	26,184	31,048	26,333	22,011	30,247	30,300	34,696	26,722	37,173	28,177	15,851	12,408	11,037	10,655
Low Price	- -	39.45	52.67	57.7	48.65	45.84	48.77	65.25	49.25	48.72	51.6	20.51	13.26	10.56	9.42
EV/Sales	- -	2.29	2.61	2.39	2	3.6	9.95	3.38	2.55	4.02	2.38	1.43	1.25	1.16	1.11
EV/EBITDA	- -	13.78	14.98	13.74	12.67	26.97	79.4	24	22.35	42.4	14.84	12.67	75.85	19.59	12.43
Price/Earnings	- -	21	29.18	20.58	19.58	45.74	108	25.55	34.24	76.11	16.42	71.64	- -	- -	25.48
Price/Earnings Average	- -	17.14	24.73	23.06	21.92	36.29	96.51	24.65	49.29	67.86	20.79	122.24	- -	- -	23.33
Price/Earnings High	- -	83.74	29.34	25.09	24.45	45.81	124.43	28.27	58.14	84.99	25.46	187.49	- -	- -	32.28
Price/Earnings Low	- -	14.3	21.75	19.93	18.85	29.76	76.25	20.47	28.66	46.55	14.52	67.08	- -	- -	14.44
Price/Book Value	- -	4.2	5.43	4.72	4.23	7.5	7.39	7.52	6.81	10.22	6.42	2.93	3.45	4.11	3.52
Price/Book Value Average	- -	3.43	4.6	5.29	4.74	5.95	6.6	7.25	9.81	9.11	8.13	4.99	4.26	4.74	3.22
Price/Book Value High	- -	16.74	5.46	5.76	5.29	7.51	8.51	8.32	11.57	11.41	9.95	7.66	5.52	7.02	4.46
Price/Book Value Low	- -	2.86	4.05	4.57	4.08	4.88	5.21	6.02	5.7	6.25	5.68	2.74	3.11	2.77	1.99
Price/Tangible Book Value	- -	26.18	25.44	17.29	12.62	-94.61	-217.49	47.6	160.16	-11.72	-10.39	-4.14	-5.44	-5.65	-15.32
Price/Tangible Book Value Average	- -	21.37	21.57	19.37	14.13	-75.07	-194.35	45.93	230.53	-10.45	-13.16	-7.06	-6.73	-6.53	-14.02
Price/Tangible Book Value High	- -	104.38	25.58	21.08	15.76	-94.75	-250.57	52.68	271.93	-13.09	-16.11	-10.82	-8.71	-9.65	-19.4
Price/Tangible Book Value Low	- -	17.83	18.96	16.74	12.15	-61.55	-153.55	38.13	134.03	-7.17	-9.19	-3.87	-4.9	-3.81	-8.68
Price/Sales	- -	2.23	2.57	2.31	1.91	3.35	8.96	3.13	2.22	3.36	1.92	0.77	0.58	0.64	0.68
Price/Sales Average	- -	1.82	2.18	2.58	2.14	2.66	8.01	3.02	3.19	3	2.43	1.31	0.71	0.74	0.62
Price/Sales High	- -	8.87	2.59	2.81	2.38	3.36	10.33	3.47	3.77	3.75	2.98	2	0.92	1.1	0.86
Price/Sales Low	- -	1.52	1.92	2.23	1.84	2.18	6.33	2.51	1.86	2.05	1.7	0.72	0.52	0.43	0.38
Price/Cash Flow	- -	16.87	17.34	21.06	14.2	19.07	-112.25	19.34	26.61	23.64	26.35	-12.95	5.63	13.12	9.68
Price/Cash Flow Average	- -	13.77	14.7	23.59	15.9	15.13	-100.31	18.66	38.3	21.08	33.36	-22.1	6.96	15.15	8.86
Price/Cash Flow High	- -	67.28	17.44	25.68	17.73	19.1	-129.32	21.4	45.17	26.4	40.86	-33.9	9.02	22.4	12.26
Price/Cash Flow Low	- -	11.49	12.93	20.4	13.67	12.41	-79.25	15.49	22.27	14.46	23.3	-12.13	5.07	8.83	5.48
Price/Free Cash Flow Average	- -	14.55	15.56	25.29	16.63	15.99	-94.35	19.54	40.87	22.5	37.1	-19.38	7.41	16.71	9.72
Price/Free Cash Flow High	- -	71.08	18.46	27.53	18.54	20.18	-121.65	22.41	48.21	28.18	45.44	-29.73	9.6	24.71	13.44
Price/Free Cash Flow Low	- -	12.14	13.68	21.86	14.3	13.11	-74.55	16.22	23.76	15.44	25.91	-10.64	5.4	9.74	6.01
EV/Sales Average	- -	1.88	2.22	2.67	2.22	2.92	9	3.27	3.51	3.66	2.89	1.97	1.39	1.26	1.05
EV/Sales High	- -	8.97	2.63	2.9	2.47	3.61	11.31	3.72	4.07	4.42	3.43	2.67	1.6	1.62	1.29
EV/Sales Low	- -	1.58	1.96	2.32	1.93	2.44	7.32	2.75	2.19	2.71	2.16	1.38	1.19	0.95	0.82
EV/EBITDA Average	- -	11.31	12.73	15.33	14.12	21.83	71.81	23.21	30.76	38.54	18.01	17.48	84.13	21.27	11.79
EV/EBITDA High	- -	53.88	15.06	16.64	15.67	27	90.26	26.38	35.71	46.55	21.41	23.68	96.89	27.26	14.46
EV/EBITDA Low	- -	9.5	11.22	13.32	12.22	18.28	58.42	19.55	19.23	28.57	13.46	12.24	72.42	16.05	9.14
EV/EBIT Average	- -	13.05	14.68	17.87	16.85	27.72	88.38	28.2	39.64	55.61	20.96	21.89	- -	39.44	17.53
EV/EBIT High	- -	62.16	17.36	19.39	18.7	34.29	111.08	32.05	46.01	67.17	24.91	29.66	- -	50.56	21.49
EV/EBIT Low	- -	10.96	12.94	15.52	14.59	23.21	71.9	23.75	24.78	41.22	15.66	15.33	- -	29.76	13.59
Last Price	- -	57.94	70.65	59.59	50.53	70.46	69.07	81.44	58.84	79.67	58.34	21.91	14.7	15.68	16.62
High Price	- -	231.01	71.03	72.64	63.1	70.56	79.58	90.13	99.91	88.96	90.49	57.34	23.55	26.78	21.06
Enterprise Value Average	- -	21,496	26,393	29,388	24,520	24,488	27,402	33,562	36,775	33,788	34,209	21,865	13,763	11,981	10,106
Enterprise Value High	- -	102,390	31,215	31,901	27,216	30,288	34,443	38,143	42,689	40,814	40,659	29,622	15,851	15,360	12,393
Enterprise Value Low	- -	18,047	23,265	25,528	21,234	20,504	22,293	28,269	22,989	25,044	25,557	15,309	11,848	9,040	7,836

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	2026 Y
As of date	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	03/31/2018	03/31/2019	03/31/2020	03/31/2021	03/31/2022	03/31/2023	03/31/2024	03/31/2025	03/31/2026

Shares Outstanding	441	440	433	427	414	396	394	397	389	392	388	389	389	390	392
Diluted Weighted Avg Shares	448	447	440	432	422	404	401	400	400	392	392	388	388	393	396
Basic Weighted Avg Shares	439	439	433	425	416	399	395	395	395	390	390	388	388	389	391
Revenue per Share	24.77	26.03	27.47	25.85	26.5	21.03	7.71	25.98	26.53	23.71	30.34	28.6	25.53	24.42	24.58
EBITDA per Share	3.88	4.33	4.79	4.51	4.17	2.81	0.97	3.66	3.02	2.25	4.87	3.23	0.42	1.45	2.19
Operating Income per Share	3.34	3.75	4.16	3.87	3.69	2.21	0.78	3.01	3.16	1.61	4.18	2.58	0.94	1.01	1.55
Basic EPS, GAAP	2.47	2.76	2.42	2.9	2.58	1.54	0.64	3.19	1.72	1.05	3.55	0.31	-2.49	-0.49	0.65
Basic EPS from Cont Ops	2.47	2.76	3.07	2.86	2.59	0.67	0.66	2.2	1.59	0.91	3.12	1.95	-2.62	0.18	0.65
Diluted EPS, GAAP	2.43	2.71	2.38	2.85	2.54	1.52	0.63	3.15	1.7	1.04	3.53	0.31	-2.49	-0.48	0.64
Diluted EPS from Cont Ops	2.43	2.71	3.02	2.82	2.56	0.66	0.65	2.17	1.57	0.91	3.1	1.95	-2.62	0.18	0.64
Dividend per Share	0.76	0.92	1.11	1.33	1.53	1.72	0.46	1.94	1.89	1.94	1.98	1.81	0.78	0.36	0.36
Cash Flow per Share	2.9	3.43	4.07	2.83	3.56	3.69	-0.62	4.21	2.21	3.37	2.21	-1.69	2.61	1.2	1.72
Free Cash Flow per Basic Share	2.83	3.31	3.92	2.68	3.45	3.53	-0.66	4.08	2.1	3.18	2	-1.93	2.45	1.09	1.59
Cash & Equivalents per Share	1.36	1.76	2.25	2.21	2.97	1.42	1.73	1.01	3.52	3.61	3.29	2.1	1.69	1.13	2.14
Book Value per Share	11.63	13.8	13.01	12.62	11.93	9.4	9.35	10.83	8.63	7.8	9.09	7.49	4.26	3.82	4.72
Tangible Book Value per Share	0.29	2.21	2.78	3.45	4	-0.74	-0.32	1.71	0.37	-6.8	-5.62	-5.3	-2.7	-2.77	-1.09