Ryman Hospitality Properties, Inc. (REIT) Financial Ratios — RHP

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 (%)	0.98	-2.81	14.69	21.82	28.56	42.64	47.2	62.44	26.17	-98.21	- -	- -	93.68	48.59	37.48
Return on Assets (%)	0.39	-1.05	4.78	5.25	4.72	6.73	7.14	8.3	3.67	-10.92	-4.96	3.39	6.74	5.22	4.27
Return on Capital (%)	2.43	- -	- -	- -	- -	10.48	- -	11.13	7.57	- -	- -	7.42	- -	10.77	9.68
Return on Invested Capital (%)	2.08	- -	- -	- -	- -	9.8	- -	6.71	6.3	- -	- -	7.76	- -	10.33	9.47
Gross Margin (%)	26.74	27.97	25.59	28.14	29.8	30.64	30.94	30.95	32.46	-5.08	21.37	32.1	32.85	33.03	31.51
EBITDA Margin (%)	21.51	12.76	20.19	25.49	25.31	28.3	25.14	26.28	30	-16.92	17.21	29.67	30.81	31.06	29.69
Operating Margin (%)	8.52	-0.36	8.3	14.71	16.68	18.75	18.85	19.05	16.87	-51.58	-6.2	18.17	21.08	21.17	19.06
Incremental Operating Margin (%)	27.19	- -	- -	85.5	56.82	58.29	22.02	21.75	8.42	50.11	51.17	44.59	36.02	22.19	- -
Pretax Margin (%)	1.84	-2.91	2.69	12.01	9.12	14.16	10.72	21.68	9.15	-82.7	-20.21	9.62	11.5	12.57	9.88
Profit Margin (%)	1.07	-2.7	12.4	12.15	10.21	13.87	14.86	20.76	9.09	-79.58	-18.84	7.14	14.42	11.61	9.45
Net Income to Common Margin (%)	1.07	-2.7	12.4	12.15	10.21	13.87	14.86	20.76	9.09	-79.58	-18.84	7.14	14.42	11.61	9.45
Effective Tax Rate (%)	42.43	- -	- -	- -	- -	2.09	- -	4.25	12.59	- -	- -	22.32	- -	4.71	2.88
Dvd Payout Ratio (%)	- -	-232.8	64.57	86.53	117.75	94.85	91.83	65.14	165.48	-20.29	-0.24	4.16	47.26	92.16	113.69
Sustainable Growth Rate (%)	0.98	-9.34	5.2	2.94	-5.07	2.2	3.86	21.77	-17.14	-118.14	- -	- -	49.4	3.81	-5.13

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	1,136	1,230	1,228	1,399	1,516	1,970	1,848	3,060	2,666	2,872	3,051	2,988	3,506	3,514	4,136
ST Debt	1	130	- -	- -	- -	377	162	518	- -	106	190	- -	- -	- -	- -
LT Debt	1,136	1,100	1,228	1,399	1,516	1,593	1,686	2,542	2,666	2,766	2,861	2,988	3,506	3,514	4,136
Total Debt/EBITDA	5.55	9.77	6.37	5.27	5.49	6.06	6.21	9.13	5.54	-32.36	18.87	5.58	5.27	4.84	5.41
Net Debt/EBITDA	5.03	8.46	5.67	4.69	4.98	5.6	5.69	8.52	4.56	-30.49	17.29	4.72	4.19	3.99	4.58
Total Debt/EBIT	14.29	-258.83	16.12	9.14	9.36	9.14	9.94	14.28	9.97	-9.45	-51.99	9.13	7.73	7.16	8.49
Net Debt/EBIT	12.94	-224.03	14.34	8.12	8.49	8.45	9.12	13.33	8.21	-8.91	-47.64	7.73	6.14	5.91	7.2
EBITDA to Interest Expense	2.74	2.15	3.16	4.32	4.33	5.09	4.51	4.47	3.66	-0.77	1.29	3.61	3.15	3.22	3.17
EBITDA-CapEx/Interest Expense	0.97	0.52	2.56	3.37	3.08	3.24	1.75	1.96	2.5	-2.2	0.5	3.01	2.17	1.41	1.69
EBIT to Interest Expense	1.09	-0.06	1.3	2.49	2.85	3.37	3.38	3.24	2.06	-2.34	-0.46	2.21	2.15	2.2	2.04
Interest Expense	75	59	61	61	64	64	66	75	132	116	125	148	211	225	241
Common Equity/Total Assets	40.79	33.71	31.25	16.78	16.28	15.3	14.98	12.18	15.77	5.77	-0.62	2.36	10.97	10.52	12.14
Long-Term Debt/Equity (%)	108.62	128.88	162.11	348.59	399.52	432.75	445.97	335.79	307.8	862.13	- -	732.87	381.97	375.94	341.29
Long-Term Debt/Capital (%)	52.05	52.79	61.85	77.71	79.98	68.12	75.74	66.59	75.48	86.63	94.47	87.99	79.25	78.99	77.34
Long-Term Debt/Total Assets (%)	44.3	43.44	50.66	58.51	65.04	66.2	66.81	65.96	65.22	77.76	79.89	73.96	67.57	67.34	66.91
Total Debt/Equity (%)	108.69	144.15	162.11	348.59	399.52	535.23	488.79	404.28	307.8	895.17	-13,622.96	732.87	381.97	375.94	341.29
Total Debt/Capital (%)	52.08	59.04	61.85	77.71	79.98	84.26	83.02	80.17	75.48	89.95	100.74	87.99	79.25	78.99	77.34
Total Debt/Total Assets (%)	44.33	48.59	50.66	58.51	65.04	81.87	73.23	79.41	65.22	80.74	85.2	73.96	67.57	67.34	66.91
Net Debt to Equity	98.46	124.77	144.23	309.79	362.37	494.54	448.26	377.31	253.54	843.62	-12,482.68	619.91	303.42	310.37	289.24
Net Debt/Capital (%)	48.16	53.6	56.79	72.12	74.76	79.87	78.15	76.91	69.28	86.3	96.8	82.55	72.67	73.06	71.88
EBITDA	205	126	193	265	276	325	298	335	481	-89	162	536	665	726	765
EBITDA-CapEx	72	31	156	207	197	207	115	147	329	-254	62	446	458	319	407
Operating Income (Loss)	81	-4	79	153	182	215	223	243	271	-271	-58	328	455	495	491

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	0.26	0.45	0.34	0.39	0.3	0.29	0.26	0.32	1.15	0.28	0.28	0.84	1.11	0.89	0.79
Current Ratio	0.85	0.92	0.9	0.92	0.91	0.91	1.03	1.35	2.25	1.18	0.73	1.71	1.77	1.5	1.24
Quick Ratio	0.51	0.74	0.64	0.71	0.62	0.53	0.52	0.97	1.79	0.86	0.62	1.35	1.5	1.24	1.11
CFO/Avg Current Liab	0.74	0.92	0.69	1.33	1.23	1.49	1.39	1.19	1.12	-0.62	0.32	0.94	1.2	1.08	1.04
Common Equity/Total Assets	40.79	33.71	31.25	16.78	16.28	15.3	14.98	12.18	15.77	5.77	-0.62	2.36	10.97	10.52	12.14
Long-Term Debt/Equity (%)	108.62	128.88	162.11	348.59	399.52	432.75	445.97	335.79	307.8	862.13	- -	732.87	381.97	375.94	341.29
Long-Term Debt/Capital (%)	52.05	52.79	61.85	77.71	79.98	68.12	75.74	66.59	75.48	86.63	94.47	87.99	79.25	78.99	77.34
Long-Term Debt/Total Assets (%)	44.3	43.44	50.66	58.51	65.04	66.2	66.81	65.96	65.22	77.76	79.89	73.96	67.57	67.34	66.91
Total Debt/Equity (%)	108.69	144.15	162.11	348.59	399.52	535.23	488.79	404.28	307.8	895.17	-13,622.96	732.87	381.97	375.94	341.29
Total Debt/Capital (%)	52.08	59.04	61.85	77.71	79.98	84.26	83.02	80.17	75.48	89.95	100.74	87.99	79.25	78.99	77.34
Total Debt/Total Assets (%)	44.33	48.59	50.66	58.51	65.04	81.87	73.23	79.41	65.22	80.74	85.2	73.96	67.57	67.34	66.91
CFO/Total Liabilities	10.14	10.51	8.26	12.67	12.2	14.41	13.78	10.39	11.01	-4.99	3.09	11.56	13.04	13.46	11.89
CFO/CapEx	1.16	1.85	3.73	4.32	2.98	2.49	1.62	1.71	2.33	-0.98	1.12	4.69	2.69	1.41	1.65
Altman's Z-Score	1.01	0.89	0.98	1.18	1.24	1.41	1.49	1.13	1.47	0.22	0.57	1.22	1.5	1.47	1.24

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	25.83	20.28	17.82	21.47	21.79	22.35	22.49	20.33	23.14	11.54	19.81	18.85	19.03	22.91	25.76
Days Sales Outstanding	14.13	18	20.48	17	16.75	16.33	16.23	17.95	15.77	31.62	18.43	19.36	19.18	15.93	14.17
Inventory Turnover	- -	82.36	108.05	106.11	98.94	98.92	101.52	98.52	107.56	63.04	95.15	120.16	111.27	103.95	106.74
Days Inventory Outstanding	- -	4.43	3.38	3.44	3.69	3.69	3.6	3.7	3.39	5.79	3.84	3.04	3.28	3.51	3.42
Accounts Payable Turnover	- -	19.85	16.87	25.44	29.03	29.95	25.18	16	18.4	17.3	26.98	34.96	30.34	27.19	34.7
Accounts Payable Turnover Days	- -	18.39	21.63	14.35	12.57	12.19	14.5	22.81	19.84	21.1	13.53	10.44	12.03	13.42	10.52
Cash Conversion Cycle	- -	4.04	2.23	6.09	7.86	7.84	5.33	-1.15	-0.67	16.31	8.73	11.96	10.43	6.02	7.07
Inventory to Cash Days	- -	13.56	17.1	13.56	13.06	12.64	12.63	14.25	12.38	25.83	14.59	16.32	15.9	12.42	10.75
Inventories	11	6	7	7	8	8	8	10	10	7	8	12	14	16	17
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	11	6	7	7	8	8	8	10	10	7	8	12	14	16	17

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	1,169	2,005	2,091	2,667	2,622	3,180	3,534	3,424	4,757	3,726	5,064	4,512	6,572	6,250	5,962
- Cash & Cash Equivalents	44	97	62	76	56	59	58	103	362	57	141	334	592	478	471
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	287	222	115	- -	312	349	386	462
+ Total Debt	1,136	1,230	1,228	1,399	1,516	1,970	1,848	3,060	2,666	2,872	3,051	2,988	3,506	3,514	4,136
Enterprise Value	2,261	3,139	3,258	3,990	4,082	5,091	5,325	6,668	7,283	6,656	7,974	7,478	9,835	9,672	10,088
Total Capital	2,182	2,084	1,986	1,801	1,896	2,338	2,227	3,817	3,533	3,192	3,028	3,396	4,424	4,448	5,348
Total Debt/Capital (%)	52.08	59.04	61.85	77.71	79.98	84.26	83.02	80.17	75.48	89.95	100.74	87.99	79.25	78.99	77.34
Total Debt / EV	0.5	0.39	0.38	0.35	0.37	0.39	0.35	0.46	0.37	0.43	0.38	0.4	0.36	0.36	0.41
EV/Sales	2.37	3.18	3.41	3.83	3.74	4.43	4.49	5.23	4.54	12.69	8.49	4.14	4.56	4.13	3.91
EV/EBITDA	11.04	24.92	16.91	15.03	14.77	15.65	17.87	19.9	15.13	- -	49.32	13.96	14.79	13.31	13.18
EV/EBIT	28.43	- -	42.76	26.06	25.19	23.63	28.64	31.12	27.22	- -	- -	22.86	21.68	19.7	20.71
EV/Cash Flow to Firm	11.48	- -	- -	- -	- -	14.29	- -	16.94	15.5	- -	- -	13.97	- -	12.22	12.23
EV/Free Cash Flow to Firm	35.15	- -	- -	- -	- -	21.37	- -	32.45	22.96	- -	- -	16.78	- -	25.23	21.61
Diluted Market Cap	1,202	1,831	2,624	2,947	2,665	3,233	3,546	3,435	4,504	3,724	5,062	4,529	6,390	6,639	6,241
Diluted Enterprise Value	2,294	2,964	3,791	4,270	4,125	5,144	5,336	6,679	7,030	6,655	7,972	7,495	9,653	10,061	10,367
EV per Share	46.69	60.2	65.09	78.9	80.39	100.86	104	129.89	132.66	121.06	144.8	135.56	164.71	161.46	160.1
TTM Sales	952	987	955	1,041	1,092	1,149	1,185	1,275	1,605	524	939	1,806	2,158	2,339	2,577
TTM EBITDA	205	126	193	265	276	325	298	335	481	-89	162	536	665	726	765
TTM Operating Income	81	-4	79	153	182	215	223	243	271	-271	-58	328	455	495	491
TTM Cash Flow to Firm	197	- -	- -	- -	- -	356	- -	394	470	- -	- -	535	- -	791	825
TTM Free Cash Flow to Firm	64	- -	- -	- -	- -	238	- -	205	317	- -	- -	446	- -	383	467

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	56.35	22.54	26.05	15.2	16.84	18.41	31.3	25.69	22.28	-11.39	428.01	13.71	18.24	39.38	26.85
EV/EBIT	28.43	- -	42.76	26.06	25.19	23.63	28.64	31.12	27.22	- -	- -	22.86	21.68	19.7	20.71
Enterprise Value	2,261	3,139	3,258	3,990	4,082	5,091	5,325	6,668	7,283	6,656	7,974	7,478	9,835	9,672	10,088
Low Price	17.39	24.19	32.97	39.63	48.13	41.5	57.78	64.36	64.52	13.25	61.24	70.47	77.18	93.76	76.27
EV/Sales	2.37	3.18	3.41	3.83	3.74	4.43	4.49	5.23	4.54	12.69	8.49	4.14	4.56	4.13	3.91
EV/EBITDA	11.04	24.92	16.91	15.03	14.77	15.65	17.87	19.9	15.13	- -	49.32	13.96	14.79	13.31	13.18
Price/Earnings	114.69	- -	18.07	21.21	23.73	20.17	20.05	12.92	30.68	- -	- -	34.96	20.42	22.99	24.03
Price/Earnings Average	136.11	- -	17.14	18.8	25.49	16.62	18.48	15.24	28.93	- -	- -	37.02	16.91	23.87	24.37
Price/Earnings High	181.58	- -	20.91	22.19	29.85	20.51	20.66	17.45	32.41	- -	- -	43.26	20.89	27.08	27.54
Price/Earnings Low	82.62	- -	14.26	15.94	22.11	13.28	16.78	12.47	22.84	- -	- -	30.12	14.32	20.66	19.37
Price/Book Value	1.12	2.35	2.76	6.64	6.91	8.64	9.34	7.29	7.38	18.15	-227.78	47.35	11.55	11.39	7.95
Price/Book Value Average	1.33	2.13	2.62	5.89	7.42	7.12	8.61	8.6	6.96	12.78	-196.25	50.14	9.56	11.82	8.06
Price/Book Value High	1.77	2.55	3.19	6.95	8.69	8.79	9.63	9.84	7.8	24.52	-239.49	58.59	11.81	13.41	9.11
Price/Book Value Low	0.81	1.48	2.18	4.99	6.44	5.69	7.82	7.04	5.49	3.55	-151.69	40.8	8.1	10.23	6.41
Price/Tangible Book Value	1.12	2.35	2.76	6.64	6.91	8.64	9.45	15.37	10.87	97.2	-33.98	-422.63	14.77	14.45	12.86
Price/Tangible Book Value Average	1.33	2.13	2.62	5.89	7.42	7.12	8.71	18.12	10.25	68.43	-29.28	-447.5	12.23	15	13.04
Price/Tangible Book Value High	1.77	2.55	3.19	6.95	8.69	8.79	9.74	20.74	11.49	131.34	-35.73	-522.94	15.11	17.02	14.74
Price/Tangible Book Value Low	0.81	1.48	2.18	4.99	6.44	5.69	7.91	14.83	8.09	19.01	-22.63	-364.15	10.36	12.98	10.37
Price/Sales	1.23	1.86	2.24	2.58	2.42	2.8	2.98	2.68	2.79	7.1	5.39	2.5	2.95	2.67	2.27
Price/Sales Average	1.45	1.68	2.13	2.28	2.6	2.3	2.75	3.16	2.63	5	4.64	2.64	2.44	2.77	2.3
Price/Sales High	1.94	2.01	2.59	2.7	3.05	2.84	3.07	3.62	2.95	9.59	5.67	3.09	3.01	3.15	2.6
Price/Sales Low	0.88	1.17	1.77	1.94	2.26	1.84	2.49	2.59	2.08	1.39	3.59	2.15	2.07	2.4	1.83
Price/Cash Flow	7.58	10.37	15.53	10.64	11.12	10.95	11.93	10.63	12.61	-23.06	45.5	10.74	11.41	10.83	9.91
Price/Cash Flow Average	9	9.4	14.73	9.43	11.94	9.02	11	12.53	11.89	-16.23	39.2	11.37	9.45	11.25	10.04
Price/Cash Flow High	12.01	11.26	17.97	11.12	13.98	11.13	12.3	14.34	13.32	-31.16	47.84	13.29	11.67	12.76	11.35
Price/Cash Flow Low	5.46	6.53	12.25	7.99	10.36	7.21	9.99	10.26	9.39	-4.51	30.3	9.25	8	9.74	7.98
Price/Free Cash Flow Average	66.87	20.42	24.72	13.47	18.09	15.17	28.85	30.3	21.02	-8.02	368.77	14.51	15.1	40.88	27.23
Price/Free Cash Flow High	89.22	24.46	30.15	15.9	21.19	18.72	32.26	34.68	23.54	-15.39	450.03	16.96	18.66	46.39	30.77
Price/Free Cash Flow Low	40.59	14.17	20.56	11.42	15.7	12.13	26.21	24.79	16.59	-2.23	285.03	11.81	12.79	35.39	21.65
EV/Sales Average	2.6	2.99	3.3	3.54	3.92	3.94	4.26	5.71	4.37	10.59	7.74	4.29	4.03	4.24	3.95
EV/Sales High	3.09	3.36	3.76	3.95	4.36	4.48	4.59	6.17	4.71	15.19	8.77	4.73	4.63	4.61	4.25
EV/Sales Low	2.03	2.43	2.95	3.2	3.57	3.49	4.01	5.14	3.78	6.98	6.69	3.8	3.65	3.86	3.47
EV/EBITDA Average	12.11	23.42	16.35	13.89	15.47	13.93	16.95	21.73	14.57	- -	44.98	14.45	13.09	13.64	13.29
EV/EBITDA High	14.37	26.28	18.61	15.5	17.22	15.82	18.24	23.47	15.69	- -	50.93	15.96	15.02	14.84	14.32
EV/EBITDA Low	9.44	19.01	14.62	12.54	14.12	12.31	15.94	19.54	12.6	- -	38.86	12.79	11.84	12.44	11.67
EV/EBIT Average	31.18	- -	41.36	24.08	26.39	21.03	27.15	33.99	26.21	- -	- -	23.67	19.19	20.19	20.88
EV/EBIT High	37	- -	47.08	26.86	29.37	23.88	29.22	36.71	28.23	- -	- -	26.13	22.01	21.97	22.5
EV/EBIT Low	24.32	- -	36.98	21.73	24.09	18.59	25.54	30.56	22.68	- -	- -	20.95	17.35	18.41	18.34
Last Price	24.14	38.46	41.78	52.74	51.64	63.01	69.02	66.69	86.66	67.76	91.96	81.78	110.06	104.34	94.62
High Price	38.22	41.75	48.35	55.16	64.97	64.08	71.13	90.02	91.57	91.56	96.69	101.19	112.56	122.91	108.42
Enterprise Value Average	2,479	2,950	3,151	3,686	4,277	4,531	5,048	7,283	7,013	5,553	7,273	7,744	8,704	9,910	10,171
Enterprise Value High	2,943	3,310	3,587	4,112	4,759	5,145	5,433	7,866	7,552	7,965	8,235	8,549	9,984	10,784	10,957
Enterprise Value Low	1,934	2,395	2,817	3,327	3,904	4,005	4,749	6,548	6,067	3,659	6,282	6,854	7,872	9,038	8,931

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	48	52	50	51	51	50	51	51	55	55	55	55	60	60	63
Diluted Weighted Avg Shares	50	48	63	56	52	51	51	52	52	55	55	55	58	64	66
Basic Weighted Avg Shares	48	48	51	51	51	51	51	51	52	55	55	55	58	60	62
Revenue per Share	19.69	20.73	18.65	20.47	21.31	22.53	23.16	24.86	31.09	9.54	17.06	32.75	37.37	39.08	41.68
EBITDA per Share	4.24	2.65	3.77	5.22	5.39	6.38	5.82	6.53	9.33	-1.61	2.94	9.72	11.51	12.14	12.37
Operating Income per Share	1.68	-0.07	1.55	3.01	3.56	4.22	4.37	4.74	5.24	-4.92	-1.06	5.95	7.88	8.27	7.94
Basic EPS, GAAP	0.21	-0.56	2.31	2.49	2.18	3.12	3.44	5.16	2.82	-7.59	-3.21	2.34	5.39	4.54	3.94
Basic EPS from Cont Ops	0.21	-0.56	2.31	2.49	2.18	3.12	3.44	5.16	2.49	-8.38	-3.54	2.45	5.92	4.68	4
Diluted EPS, GAAP	0.2	-0.56	1.88	2.26	2.16	3.11	3.43	5.14	2.81	-7.59	-3.21	2.33	5.36	4.27	3.69
Diluted EPS from Cont Ops	0.2	-0.56	1.88	2.26	2.16	3.11	3.43	5.14	2.47	-8.38	-3.54	2.44	5.89	4.4	3.75
Dividend per Share	- -	1.3	1.49	2.15	2.56	2.96	3.16	3.36	3.55	1.86	0.01	0.11	3.05	4.45	4.62
Cash Flow per Share	3.18	3.71	2.69	4.96	4.65	5.76	5.78	6.28	6.87	-2.94	2.02	7.62	9.65	9.63	9.55
Free Cash Flow per Basic Share	0.44	1.71	1.97	3.81	3.09	3.44	2.21	2.61	3.92	-5.95	0.21	5.99	6.07	2.82	3.76
Cash & Equivalents per Share	0.92	1.86	1.23	1.51	1.11	1.17	1.12	2.01	6.6	1.03	2.55	6.06	9.91	7.97	7.48
Book Value per Share	21.59	16.37	15.14	7.94	7.47	7.29	7.39	9.15	11.74	3.73	-0.4	1.73	9.53	9.16	11.91
Tangible Book Value per Share	21.59	16.37	15.14	7.94	7.47	7.29	7.3	4.34	7.97	0.7	-2.71	-0.19	7.45	7.22	7.36