Vertex Pharmaceuticals Incorporated Financial Ratios — VX1

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 (%)	4.58	-11.99	-37.78	-60.75	-55.22	-10.69	16.54	64.88	22.37	36.71	24.93	27.67	22.99	-3.15	22.54
Return on Assets (%)	1.51	-4.31	-17.53	-31.74	-23.02	-4.15	8.18	42.83	16.16	27.02	18.6	21.04	17.71	-2.37	16.41
Return on Capital (%)	3.6	- -	- -	- -	- -	- -	- -	- -	20.84	33.76	23.15	26	22.02	-3.29	20.41
Return on Invested Capital (%)	6.36	- -	- -	- -	- -	- -	- -	- -	17	30.04	22.73	25.79	18.95	2.73	18.17
Gross Margin (%)	94.29	81.67	89.25	89.49	87.94	87.64	88.95	86.56	86.84	88.14	88.06	87.9	87.21	86.11	86.24
EBITDA Margin (%)	10.55	5.56	-46.34	-108.4	-39.19	4.19	7.42	23.22	31.33	47.79	38.39	49.89	40.66	-0.23	36.52
Operating Margin (%)	15.72	3.18	-12.92	-110.52	-45.01	0.66	15.78	21.79	28.87	46.24	36.69	47.59	38.31	-2.12	37.95
Incremental Operating Margin (%)	72.3	- -	65.12	76.78	39.12	71.04	48.52	48.51	48.25	81.62	- -	108.45	- -	- -	487.95
Pretax Margin (%)	4.28	2.1	-51.65	-126.61	-54.03	-3.96	-0.63	19.7	33.51	50.23	36.05	47.39	44.38	2.25	38.69
Profit Margin (%)	2.1	-7.01	-36.72	-127.25	-53.89	-6.58	10.59	68.8	28.27	43.7	30.92	37.2	36.68	-4.86	32.94
Net Income to Common Margin (%)	2.1	-7.01	-36.72	-127.25	-53.89	-6.58	10.59	68.8	28.27	43.7	30.92	37.2	36.68	-4.86	32.94
Effective Tax Rate (%)	31.87	- -	- -	- -	- -	- -	- -	- -	15.64	13	14.22	21.51	17.36	315.53	14.86
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	4.58	-11.99	-37.78	-60.75	-55.22	-10.69	16.54	64.88	22.37	36.71	24.93	27.67	22.99	-3.15	22.54

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	456	697	507	825	826	841	606	587	662	932	967	900	808	1,744	2,031
ST Debt	- -	14	17	32	87	319	23	5	39	42	80	89	84	87	77
LT Debt	456	683	490	793	739	521	584	582	623	890	887	810	725	1,657	1,953
Total Debt/EBITDA	3.06	8.21	-0.9	-1.31	-2.04	11.79	3.28	0.83	0.51	0.31	0.33	0.2	0.2	-67.87	0.46
Net Debt/EBITDA	-0.51	-1.05	1.01	0.53	1.04	-12.39	-9.02	-3.75	-2.38	-2.02	-2.34	-2.36	-2.58	177.81	-1.16
Total Debt/EBIT	4.01	14.91	-0.83	-1.19	-1.77	84.62	4.92	0.92	0.55	0.33	0.35	0.21	0.21	-7.49	0.49
Net Debt/EBIT	-0.66	-1.91	0.93	0.48	0.9	-88.96	-13.51	-4.17	-2.6	-2.1	-2.44	-2.44	-2.71	19.62	-1.22
EBITDA to Interest Expense	3.95	5.65	-24.5	-8.63	-4.8	0.88	2.66	9.76	22.3	50.96	47.28	81.31	91	-0.84	329.56
EBITDA-CapEx/Interest Expense	1.44	0.92	-26.74	-9.34	-5.34	0.18	-1.08	8.45	21.01	46.49	43.46	77.57	85.15	-16.7	296.65
EBIT to Interest Expense	5.88	3.23	-6.83	-8.8	-5.52	0.14	5.67	9.16	20.55	49.3	45.19	77.55	85.72	-7.63	342.44
Interest Expense	38	15	23	73	84	81	69	72	59	58	62	55	44	31	13
Common Equity/Total Assets	35.7	36.21	58.49	46.05	37.62	39.93	57.21	71.01	73.15	73.92	75.19	76.65	77.34	72.82	72.79
Long-Term Debt/Equity (%)	49.11	57.13	36.1	72.34	67.61	38.96	28.59	13.11	10.24	10.24	8.78	5.82	4.12	10.1	10.46
Long-Term Debt/Capital (%)	32.93	36.1	26.29	41.27	38.51	23.93	22.04	11.58	9.23	9.25	8.02	5.47	3.94	9.13	9.44
Long-Term Debt/Total Assets (%)	20.68	24.76	21.12	33.96	29.59	18	16.47	9.31	7.49	7.57	6.6	4.46	3.19	7.35	7.62
Total Debt/Equity (%)	49.11	58.28	37.35	75.26	75.55	62.83	29.69	13.23	10.87	10.73	9.58	6.47	4.6	10.63	10.88
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt/Total Assets (%)	20.68	25.26	21.84	35.33	33.07	29.02	17.1	9.4	7.95	7.93	7.2	4.96	3.56	7.74	7.92
Net Debt to Equity	-8.11	-7.48	-41.97	-30.15	-38.37	-66.06	-81.55	-59.75	-51.1	-68.93	-67.28	-75.5	-58.98	-27.85	-27.24
Net Debt/Capital (%)	-8.29	-6.37	-44.01	-25.5	-34.82	-88.84	-169.37	-111.73	-85.48	-164.94	-159.04	-243.8	-129.3	-33.64	-32.57
EBITDA	149	85	-562	-629	-405	71	185	708	1,304	2,966	2,908	4,456	4,013	-26	4,383
EBITDA-CapEx	54	14	-613	-680	-450	15	-75	612	1,229	2,706	2,673	4,251	3,755	-511	3,946
Operating Income (Loss)	222	49	-157	-641	-465	11	393	664	1,202	2,869	2,779	4,250	3,780	-233	4,554

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	2.47	3.05	3.68	3.77	2.06	1.81	2.59	2.83	2.85	3.55	3.51	3.93	3.16	1.72	1.71
Current Ratio	3.39	3.67	3.99	4.2	2.78	2.31	3.28	3.43	3.61	4.33	4.46	4.83	3.99	2.69	2.9
Quick Ratio	2.94	3.39	3.92	4.01	2.43	2.11	3.07	3.19	3.33	4.02	4.04	4.46	3.6	2.17	2.24
CFO/Avg Current Liab	0.33	0.65	-0.15	-1.5	-0.84	0.36	1.06	1.32	1.28	2.03	1.32	1.69	1.12	-0.14	0.98
Common Equity/Total Assets	35.7	36.21	58.49	46.05	37.62	39.93	57.21	71.01	73.15	73.92	75.19	76.65	77.34	72.82	72.79
Long-Term Debt/Equity (%)	49.11	57.13	36.1	72.34	67.61	38.96	28.59	13.11	10.24	10.24	8.78	5.82	4.12	10.1	10.46
Long-Term Debt/Capital (%)	32.93	36.1	26.29	41.27	38.51	23.93	22.04	11.58	9.23	9.25	8.02	5.47	3.94	9.13	9.44
Long-Term Debt/Total Assets (%)	20.68	24.76	21.12	33.96	29.59	18	16.47	9.31	7.49	7.57	6.6	4.46	3.19	7.35	7.62
Total Debt/Equity (%)	49.11	58.28	37.35	75.26	75.55	62.83	29.69	13.23	10.87	10.73	9.58	6.47	4.6	10.63	10.88
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt/Total Assets (%)	20.68	25.26	21.84	35.33	33.07	29.02	17.1	9.4	7.95	7.93	7.2	4.96	3.56	7.74	7.92
CFO/Total Liabilities	11.27	17.13	-6.3	-46.27	-26.01	15.15	56.19	70.15	70.27	106.15	79.32	97.44	68.69	-8.04	52.05
CFO/CapEx	1.52	3.76	-1.18	-11.19	-8.07	4.17	3.26	13.31	20.81	12.52	11.25	20.18	13.69	-1.01	8.3
Altman's Z-Score	2.21	2.56	9.21	11.03	10.22	5.31	14.95	14.43	16.74	14.25	12.72	13.17	14.63	11.63	12.33

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	14.42	9.36	10.6	7.19	8.27	9.1	10.33	8.82	7.98	8.17	7.49	6.93	6.57	6.95	6.55
Days Sales Outstanding	25.31	39.01	34.45	50.77	44.16	40.12	35.32	41.38	45.73	44.67	48.72	52.7	55.58	52.54	55.69
Inventory Turnover	1.43	3.92	5.84	2.71	2.83	3.12	2.9	3.47	3.75	3.28	2.85	2.66	2.1	1.57	1.14
Days Inventory Outstanding	254.87	93.17	62.49	134.64	129.06	116.9	125.66	105.25	97.23	111.12	127.94	137.46	173.42	231.83	319.64
Accounts Payable Turnover	3.49	2.25	1.51	1.29	2.06	3.39	4.57	4.56	5.95	7	5.58	4.76	4.61	5.13	4.88
Accounts Payable Turnover Days	104.52	162.23	241.21	283.12	176.77	107.82	79.91	79.98	61.33	52.14	65.43	76.65	79.24	71.09	74.85
Cash Conversion Cycle	175.67	-30.05	-144.27	-97.7	-3.55	49.2	81.08	66.65	81.64	103.65	111.24	113.51	149.76	213.29	300.48
Inventory to Cash Days	-229.56	-54.17	-28.05	-83.87	-84.9	-76.78	-90.34	-63.87	-51.5	-66.45	-79.22	-84.76	-117.84	-179.29	-263.95
Inventories	112	30	14	31	57	78	112	124	168	281	353	461	739	1,205	1,687
Raw Materials	32	4	- -	9	9	6	21	10	26	46	42	38	79	252	260
Work In Process	47	11	10	21	41	57	74	88	107	161	224	261	525	769	1,197
Finished Goods	33	15	4	2	8	15	17	27	34	73	87	162	135	185	230
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	6,839	9,023	17,188	28,883	31,278	18,387	38,306	41,437	57,085	60,765	56,754	73,864	105,266	103,381	116,909
- Cash & Cash Equivalents	475	489	569	625	715	1,184	1,665	2,650	3,109	5,988	6,795	10,504	10,369	4,570	5,085
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	142	197	- -	21	154	182	14	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	456	697	507	825	826	841	606	587	662	932	967	900	808	1,744	2,031
Enterprise Value	6,468	8,595	16,229	28,342	31,215	17,975	36,837	38,856	53,938	55,038	50,196	63,986	94,856	99,009	112,331
Total Capital	1,384	1,893	1,863	1,921	1,920	2,179	2,649	5,022	6,747	9,619	11,067	14,812	18,389	18,154	20,696
Total Debt/Capital (%)	32.93	36.82	27.19	42.94	43.04	38.59	22.9	11.68	9.81	9.69	8.74	6.07	4.4	9.61	9.81
Total Debt / EV	0.07	0.08	0.03	0.03	0.03	0.05	0.02	0.02	0.01	0.02	0.02	0.01	0.01	0.02	0.02
EV/Sales	4.58	5.63	13.39	48.83	30.24	10.56	14.8	12.75	12.96	8.87	6.63	7.16	9.61	8.98	9.36
EV/EBITDA	43.45	101.22	- -	- -	- -	251.98	199.51	54.91	41.35	18.56	17.26	14.36	23.64	- -	25.63
EV/EBIT	56.82	183.95	- -	- -	- -	1,809.08	298.9	61.18	45.04	19.27	18.04	14.85	24.75	- -	26.92
EV/Cash Flow to Firm	38.18	- -	- -	- -	- -	- -	- -	- -	33.32	16.66	18.62	15.33	26.54	- -	30.84
EV/Free Cash Flow to Firm	86.45	- -	- -	- -	- -	- -	- -	- -	34.95	18.08	20.39	16.12	28.61	- -	35.05
Diluted Market Cap	6,823	8,801	16,535	28,112	30,644	18,119	38,301	42,089	57,455	61,584	57,963	74,465	106,411	103,767	118,754
Diluted Enterprise Value	6,451	8,374	15,576	27,571	30,581	17,707	36,833	39,508	54,308	55,857	51,405	64,586	96,001	99,395	114,176
EV per Share	30.9	39.56	69.42	117.23	126.73	72.39	145.46	152.27	208.26	211.77	197.25	248.96	368.09	385.34	442.26
TTM Sales	1,411	1,527	1,212	580	1,032	1,702	2,489	3,048	4,163	6,206	7,574	8,931	9,869	11,020	12,001
TTM EBITDA	149	85	-562	-629	-405	71	185	708	1,304	2,966	2,908	4,456	4,013	-26	4,383
TTM Operating Income	222	49	-157	-641	-465	11	393	664	1,202	2,869	2,779	4,250	3,780	-233	4,554
TTM Cash Flow to Firm	169	- -	- -	- -	- -	- -	- -	- -	1,619	3,304	2,696	4,173	3,574	-559	3,643
TTM Free Cash Flow to Firm	75	- -	- -	- -	- -	- -	- -	- -	1,543	3,044	2,461	3,968	3,315	-1,044	3,205

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	138.84	44.74	-147.56	-45.03	-74.61	100.92	65.41	35.83	38.46	20.57	24.07	18.97	32.45	-106.1	37.18
EV/EBIT	56.82	183.95	- -	- -	- -	1,809.08	298.9	61.18	45.04	19.27	18.04	14.85	24.75	- -	26.92
Enterprise Value	6,468	8,595	16,229	28,342	31,215	17,975	36,837	38,856	53,938	55,038	50,196	63,986	94,856	99,009	112,331
Low Price	26.64	31.76	41.45	62.69	98.55	71.6	72.12	144.36	161	198	175.68	218.15	281.78	388.47	363.72
EV/Sales	4.58	5.63	13.39	48.83	30.24	10.56	14.8	12.75	12.96	8.87	6.63	7.16	9.61	8.98	9.36
EV/EBITDA	43.45	101.22	- -	- -	- -	251.98	199.51	54.91	41.35	18.56	17.26	14.36	23.64	- -	25.63
Price/Earnings	226.37	- -	- -	- -	- -	- -	142.86	19.69	48.08	22.4	24.54	22.16	29.08	- -	29.77
Price/Earnings Average	304.42	- -	- -	- -	- -	- -	118.88	20.23	40.18	24.07	22.41	21.05	24.03	- -	28.56
Price/Earnings High	406.02	- -	- -	- -	- -	- -	157.24	23.52	49.12	29.36	26.34	24.86	29.24	- -	33.32
Price/Earnings Low	184.56	- -	- -	- -	- -	- -	68.12	17.51	35.12	18.97	19.33	16.82	20.06	- -	23.53
Price/Book Value	8.69	9.03	12.67	26.87	33.28	15.9	18.88	9.34	9.38	7	5.62	5.31	5.99	6.3	6.26
Price/Book Value Average	11.69	10.32	11.62	20.05	32.37	18.87	15.71	9.6	7.84	7.51	5.13	5.05	4.95	7.05	6.01
Price/Book Value High	15.59	14.16	15.29	27.58	37.33	26.45	20.78	11.16	9.58	9.17	6.03	5.96	6.02	8.06	7.01
Price/Book Value Low	7.09	6.91	7.14	14.1	25.82	15.37	9	8.31	6.85	5.92	4.43	4.03	4.13	6.08	4.95
Price/Tangible Book Value	74.05	29.61	12.97	28.71	51.68	22.37	19.65	9.45	12.19	8.34	6.53	6.04	6.73	7.13	6.82
Price/Tangible Book Value Average	99.59	33.85	11.89	21.43	50.28	26.56	16.35	9.71	10.18	8.96	5.96	5.74	5.56	7.98	6.54
Price/Tangible Book Value High	132.82	46.45	15.65	29.47	57.97	37.23	21.63	11.29	12.45	10.93	7	6.78	6.76	9.13	7.63
Price/Tangible Book Value Low	60.37	22.65	7.31	15.06	40.1	21.63	9.37	8.4	8.9	7.06	5.14	4.59	4.64	6.89	5.39
Price/Sales	4.75	5.76	13.64	48.43	29.68	10.64	15.13	13.55	13.59	9.79	7.59	8.24	10.67	9.42	9.81
Price/Sales Average	6.38	6.59	12.51	36.15	28.88	12.64	12.59	13.92	11.36	10.52	6.93	7.83	8.81	10.54	9.41
Price/Sales High	8.51	9.04	16.46	49.72	33.3	17.71	16.65	16.19	13.89	12.83	8.14	9.25	10.72	12.05	10.97
Price/Sales Low	3.87	4.41	7.69	25.42	23.04	10.29	7.21	12.05	9.93	8.29	5.98	6.26	7.36	9.09	7.75
Price/Cash Flow	46.58	32.86	-272.56	-49.05	-83.86	76.74	44.55	32.51	36.06	18.67	21.74	17.82	29.76	-210.65	32.41
Price/Cash Flow Average	62.64	37.55	-250	-36.61	-81.58	91.1	37.07	33.4	30.13	20.06	19.86	16.94	24.59	-235.83	31.09
Price/Cash Flow High	83.54	51.54	-328.92	-50.35	-94.06	127.7	49.03	38.83	36.84	24.47	23.34	19.99	29.92	-269.53	36.27
Price/Cash Flow Low	37.97	25.14	-153.65	-25.74	-65.08	74.21	21.24	28.9	26.34	15.81	17.13	13.53	20.53	-203.39	25.61
Price/Free Cash Flow Average	186.71	51.14	-135.34	-33.61	-72.58	119.8	54.43	36.81	32.13	22.1	21.98	18.03	26.81	-118.78	35.67
Price/Free Cash Flow High	249.03	70.18	-178.07	-46.22	-83.69	167.93	72	42.79	39.29	26.96	25.83	21.28	32.62	-135.76	41.61
Price/Free Cash Flow Low	113.19	34.23	-83.18	-23.63	-57.9	97.58	31.19	31.85	28.09	17.42	18.96	14.4	22.39	-102.44	29.38
EV/Sales Average	6.26	6.47	12.22	36.21	29.42	12.58	12.22	13.12	10.7	9.6	5.98	6.75	7.76	10.11	8.96
EV/Sales High	8.43	8.99	16.32	50.15	33.93	17.73	16.35	15.39	13.25	11.91	7.18	8.17	9.67	11.61	10.52
EV/Sales Low	3.69	4.24	7.2	25.18	23.45	10.2	6.75	11.24	9.26	7.37	5.04	5.17	6.3	8.66	7.32
EV/EBITDA Average	59.29	116.4	- -	- -	- -	300.2	164.68	56.53	34.15	20.08	15.57	13.54	19.08	- -	24.54
EV/EBITDA High	79.91	161.63	- -	- -	- -	423.13	220.39	66.31	42.3	24.92	18.7	16.38	23.77	- -	28.81
EV/EBITDA Low	34.96	76.24	- -	- -	- -	243.46	90.97	48.41	29.55	15.42	13.12	10.37	15.5	- -	20.03
EV/EBIT Average	77.54	211.54	- -	- -	- -	2,155.22	246.72	62.97	37.2	20.85	16.28	14	19.98	- -	25.78
EV/EBIT High	104.51	293.74	- -	- -	- -	3,037.79	330.19	73.87	46.07	25.88	19.54	16.94	24.9	- -	30.25
EV/EBIT Low	45.72	138.56	- -	- -	- -	1,747.88	136.29	53.93	32.19	16.01	13.71	10.72	16.23	- -	21.04
Last Price	32.67	41.53	73.52	119.47	126.99	74.05	151.25	162.39	220.41	233.81	223.02	287.4	408.49	402.35	460.29
High Price	58.61	65.14	88.72	122.63	142.45	123.22	166.48	193.98	225.17	306.44	239.39	322.42	410.63	514.81	515.11
Enterprise Value Average	8,825	9,885	14,807	21,017	30,366	21,414	30,407	39,996	44,550	59,554	45,282	60,314	76,555	111,365	107,570
Enterprise Value High	11,895	13,726	19,784	29,107	35,023	30,183	40,693	46,916	55,170	73,913	54,361	72,986	95,408	127,905	126,256
Enterprise Value Low	5,204	6,474	8,731	14,616	24,211	17,367	16,797	34,256	38,551	45,730	38,151	46,189	62,203	95,443	87,803

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	209	217	234	242	246	248	253	255	259	260	254	257	258	257	254
Diluted Weighted Avg Shares	209	212	225	235	241	245	253	259	261	263	260	259	261	258	258
Basic Weighted Avg Shares	205	212	225	235	241	245	249	254	257	260	258	256	258	258	256
Revenue per Share	6.88	7.2	5.39	2.47	4.28	6.96	10	11.98	16.21	23.88	29.39	34.87	38.3	42.73	46.94
EBITDA per Share	0.73	0.4	-2.5	-2.67	-1.68	0.29	0.74	2.78	5.08	11.41	11.28	17.4	15.57	-0.1	17.14
Operating Income per Share	1.08	0.23	-0.7	-2.73	-1.93	0.05	1.58	2.61	4.68	11.04	10.78	16.59	14.67	-0.91	17.81
Basic EPS, GAAP	0.14	-0.5	-1.98	-3.14	-2.31	-0.46	1.06	8.25	4.58	10.44	9.09	12.97	14.05	-2.08	15.46
Basic EPS from Cont Ops	0.2	0.15	-2.24	-3.15	-2.44	-0.34	0.37	8.21	4.58	10.44	9.09	12.97	14.05	-2.08	15.46
Diluted EPS, GAAP	0.14	-0.5	-1.98	-3.14	-2.31	-0.46	1.04	8.09	4.51	10.3	9.01	12.82	13.89	-2.08	15.32
Diluted EPS from Cont Ops	0.2	0.15	-2.24	-3.15	-2.44	-0.34	0.36	8.05	4.51	10.3	9.01	12.82	13.89	-2.08	15.32
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	0.7	1.26	-0.27	-2.44	-1.51	0.96	3.4	5	6.11	12.52	10.26	16.13	13.73	-1.91	14.2
Free Cash Flow per Basic Share	0.24	0.93	-0.5	-2.65	-1.7	0.73	2.35	4.62	5.82	11.52	9.35	15.33	12.72	-3.79	12.49
Cash & Equivalents per Share	4.63	6.08	6.27	5.74	4.23	5.78	8.25	12.42	14.7	25.62	29.57	41.94	43.53	23.8	26.02
Book Value per Share	3.76	4.6	5.8	4.45	3.82	4.66	8.01	17.38	23.5	33.42	39.69	54.13	68.22	63.87	73.49
Tangible Book Value per Share	0.44	1.4	5.67	4.16	2.46	3.31	7.7	17.18	18.08	28.03	34.18	47.55	60.74	56.42	67.54