Cognizant Technology Solutions Corporation Financial Ratios — COZ

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 (%)	23.45	23.87	22.36	20.74	19.09	15.53	14.06	19.02	16.41	12.74	18.72	18.85	16.65	16.21	15.16
Return on Assets (%)	17.51	17.48	16.77	14.67	13.24	11.37	10.2	13.53	11.49	8.4	12.29	12.83	11.7	11.65	10.97
Return on Capital (%)	23.45	23.87	22.36	18.58	16.43	14.12	13.11	17.89	14.97	11.13	16.35	16.77	15.2	14.99	14.06
Return on Invested Capital (%)	22.78	23.4	22.22	18.19	16.15	13.64	12.16	17.68	14.64	11.07	16.27	16.26	14.32	14.36	13.47
Gross Margin (%)	42.19	41.76	40.46	40.16	40.08	39.88	38.2	38.99	36.64	35.92	37.3	35.93	34.56	34.34	33.72
EBITDA Margin (%)	20.59	20.66	21.01	20.39	19.91	19.78	19.74	20.46	17.75	16.05	18.37	18.21	16.76	17.4	18.66
Operating Margin (%)	18.57	18.53	18.97	18.37	17.25	16.97	17.24	17.49	15.91	13.99	15.27	15.28	15.08	15.33	15.76
Incremental Operating Margin (%)	17.96	18.36	21.14	14.59	11.94	13.73	19.95	20.3	- -	260.31	26.79	15.42	66.67	28.2	21.94
Pretax Margin (%)	19.1	18.89	19.09	18.75	17.43	17.48	17.93	17.35	15.15	12.59	15.28	15.52	14.4	14.89	16.48
Profit Margin (%)	14.44	14.31	13.89	14.02	13.08	11.51	10.16	13.03	10.98	8.36	11.55	11.79	10.99	11.35	10.56
Net Income to Common Margin (%)	14.44	14.31	13.89	14.02	13.08	11.51	10.16	13.03	10.98	8.36	11.55	11.79	10.99	11.35	10.56
Effective Tax Rate (%)	24.42	24.24	27.21	25.21	24.95	34.15	43.43	24.96	25.29	33.59	24.51	24.2	23.97	24.27	36.16
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	17.62	22.28	24.59	34.48	23.82	24.63	27.8	26.79	27.35
Sustainable Growth Rate (%)	23.45	23.87	22.36	20.74	19.09	15.53	11.58	14.78	12.38	8.34	14.26	14.21	12.02	11.87	11.01

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	- -	- -	- -	1,638	1,283	878	873	745	1,685	1,758	1,642	1,534	1,315	1,480	1,152
ST Debt	- -	- -	- -	700	406	81	175	9	240	249	233	182	186	185	186
LT Debt	- -	- -	- -	938	877	797	698	736	1,445	1,509	1,409	1,352	1,129	1,295	966
Total Debt/EBITDA	- -	- -	- -	0.78	0.52	0.33	0.3	0.23	0.57	0.66	0.48	0.43	0.41	0.43	0.29
Net Debt/EBITDA	-1.04	-1.03	-1.19	-0.18	-0.34	-0.43	-0.36	-0.13	-0.64	-0.74	-0.33	-0.44	-0.61	-0.39	-0.34
Total Debt/EBIT	- -	- -	- -	0.87	0.6	0.38	0.35	0.27	0.69	0.83	0.58	0.52	0.49	0.51	0.34
Net Debt/EBIT	-1.15	-1.15	-1.32	-0.2	-0.39	-0.51	-0.42	-0.15	-0.78	-0.94	-0.4	-0.52	-0.74	-0.46	-0.39
EBITDA to Interest Expense	- -	- -	- -	697.67	137.33	140.42	127.13	122.19	114.58	111.38	377.78	186.16	79.12	63.59	106.46
EBITDA-CapEx/Interest Expense	- -	- -	- -	627	122.17	124.63	114.78	108.22	99.5	94.79	346.78	168.68	71.39	58.09	98.68
EBIT to Interest Expense	- -	- -	- -	628.33	119	120.47	111	104.44	102.69	97.04	314	156.21	71.17	56.04	89.92
Interest Expense	- -	- -	- -	3	18	19	23	27	26	24	9	19	41	54	37
Common Equity/Total Assets	71.77	74.44	75.43	67.43	71.04	75.22	70.09	72.09	68.02	64.03	67.17	68.95	71.56	72.16	72.56
Long-Term Debt/Equity (%)	- -	- -	- -	12.11	9.45	7.43	6.54	6.44	13.11	13.93	11.75	10.98	8.54	8.99	6.43
Long-Term Debt/Capital (%)	- -	- -	- -	10	8.3	6.87	6.05	6.05	11.37	11.98	10.34	9.77	7.76	8.15	5.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	8.17	6.71	5.59	4.59	4.64	8.92	8.92	7.89	7.57	6.11	6.49	4.67
Total Debt/Equity (%)	- -	- -	- -	21.16	13.83	8.18	8.18	6.52	15.29	16.22	13.69	12.46	9.94	10.27	7.67
Total Debt/Capital (%)	- -	- -	- -	17.46	12.15	7.57	7.56	6.12	13.26	13.96	12.04	11.08	9.04	9.32	7.13
Total Debt/Total Assets (%)	- -	- -	- -	14.27	9.82	6.16	5.74	4.7	10.4	10.39	9.2	8.59	7.11	7.41	5.57
Net Debt to Equity	-33.16	-32.34	-36.07	-4.81	-9.08	-10.78	-9.86	-3.64	-17.3	-18.26	-9.41	-12.55	-14.98	-9.18	-8.82
Net Debt/Capital (%)	-49.62	-47.81	-56.41	-5.06	-9.98	-12.08	-10.94	-3.78	-18.95	-19.96	-9.53	-13.26	-16.63	-9.69	-9.29
EBITDA	1,261	1,518	1,858	2,093	2,472	2,668	2,924	3,299	2,979	2,673	3,400	3,537	3,244	3,434	3,939
EBITDA-CapEx	972	1,184	1,596	1,881	2,199	2,368	2,640	2,922	2,587	2,275	3,121	3,205	2,927	3,137	3,651
Operating Income (Loss)	1,136	1,361	1,678	1,885	2,142	2,289	2,553	2,820	2,670	2,329	2,826	2,968	2,918	3,026	3,327

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	2.01	2.08	2.11	1.46	1.82	2.14	1.78	1.66	1.15	0.77	0.77	0.75	0.79	0.63	0.52
Current Ratio	3.38	3.5	3.46	2.48	2.91	3.56	3.21	3.18	2.55	1.94	2.08	2.17	2.25	2.09	2.14
Quick Ratio	3.1	3.19	3.17	2.34	2.79	3.34	2.92	2.84	2.24	1.64	1.78	1.88	1.95	1.76	1.74
CFO/Avg Current Liab	0.82	0.91	0.9	0.67	0.82	0.64	0.92	0.93	0.88	1.01	0.71	0.75	0.7	0.61	0.8
Common Equity/Total Assets	71.77	74.44	75.43	67.43	71.04	75.22	70.09	72.09	68.02	64.03	67.17	68.95	71.56	72.16	72.56
Long-Term Debt/Equity (%)	- -	- -	- -	12.11	9.45	7.43	6.54	6.44	13.11	13.93	11.75	10.98	8.54	8.99	6.43
Long-Term Debt/Capital (%)	- -	- -	- -	10	8.3	6.87	6.05	6.05	11.37	11.98	10.34	9.77	7.76	8.15	5.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	8.17	6.71	5.59	4.59	4.64	8.92	8.92	7.89	7.57	6.11	6.49	4.67
Total Debt/Equity (%)	- -	- -	- -	21.16	13.83	8.18	8.18	6.52	15.29	16.22	13.69	12.46	9.94	10.27	7.67
Total Debt/Capital (%)	- -	- -	- -	17.46	12.15	7.57	7.56	6.12	13.26	13.96	12.04	11.08	9.04	9.32	7.13
Total Debt/Total Assets (%)	- -	- -	- -	14.27	9.82	6.16	5.74	4.7	10.4	10.39	9.2	8.59	7.11	7.41	5.57
CFO/Total Liabilities	56.28	70.33	71.23	39.4	57.81	46.55	52.88	58.62	48.22	54.2	42.57	46.33	44.33	38.22	50.78
CFO/CapEx	3.04	3.51	5.44	6.95	8.01	5.48	8.48	6.88	6.38	8.29	8.94	7.73	7.35	7.15	10.01
Altman's Z-Score	11.05	11.55	12.74	9.11	9.82	9.8	9.48	9.23	8.13	8.19	9.28	7.84	8.97	9.02	9.06

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	5.58	5.82	5.91	5.67	5.88	5.61	5.46	5.33	5.21	5.25	5.57	5.28	5.06	4.99	4.97
Days Sales Outstanding	65.39	62.72	61.8	64.33	62.05	65.07	66.8	68.53	70.09	69.52	65.52	69.07	72.09	73.13	73.47
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	19,370	21,904	30,177	32,702	37,299	34,120	41,987	36,105	34,242	42,639	47,088	29,006	37,569	38,885	40,426
- Cash & Cash Equivalents	1,311	1,570	2,213	2,010	2,125	2,034	1,925	1,161	2,645	2,680	1,792	2,191	2,621	2,231	1,901
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	1,638	1,283	878	873	745	1,685	1,758	1,642	1,534	1,315	1,480	1,152
Enterprise Value	16,938	19,040	26,429	30,565	33,633	29,829	37,804	32,339	32,503	41,673	46,011	28,039	36,249	38,122	39,664
Total Capital	3,953	4,854	6,136	9,378	10,561	11,606	11,542	12,169	12,707	12,594	13,633	13,843	14,542	15,888	16,167
Total Debt/Capital (%)	- -	- -	- -	17.46	12.15	7.57	7.56	6.12	13.26	13.96	12.04	11.08	9.04	9.32	7.13
Total Debt / EV	- -	- -	- -	0.05	0.04	0.03	0.02	0.02	0.05	0.04	0.04	0.05	0.04	0.04	0.03
EV/Sales	2.77	2.59	2.99	2.98	2.71	2.21	2.55	2.01	1.94	2.5	2.49	1.44	1.87	1.93	1.88
EV/EBITDA	13.44	12.54	14.23	14.6	13.61	11.18	12.93	9.8	10.91	15.59	13.53	7.93	11.17	11.1	10.07
EV/EBIT	14.9	13.98	15.75	16.21	15.7	13.03	15.24	11.55	13.25	19.71	16.28	9.45	13.48	13.18	11.7
EV/Cash Flow to Firm	19.35	16.24	18.56	20.72	15.28	18	15.62	12.38	12.91	12.57	18.39	10.86	15.35	17.61	13.65
EV/Free Cash Flow to Firm	28.86	22.72	22.74	24.2	17.45	21.97	17.7	14.47	15.29	14.29	20.7	12.46	17.73	20.41	15.15
Diluted Market Cap	19,833	22,208	30,273	32,868	37,563	34,232	42,487	36,543	34,991	43,524	47,357	29,576	38,097	39,042	41,270
Diluted Enterprise Value	17,401	19,344	26,525	30,730	33,897	29,941	38,304	32,777	33,252	42,558	46,280	28,609	36,777	38,279	40,508
EV per Share	27.94	31.56	43.49	50.16	55.23	49.06	64.29	56.05	59.31	78.63	87.64	55.09	72.79	77.01	82.81
TTM Sales	6,121	7,346	8,843	10,263	12,416	13,487	14,810	16,125	16,783	16,652	18,507	19,428	19,353	19,736	21,108
TTM EBITDA	1,261	1,518	1,858	2,093	2,472	2,668	2,924	3,299	2,979	2,673	3,400	3,537	3,244	3,434	3,939
TTM Operating Income	1,136	1,361	1,678	1,885	2,142	2,289	2,553	2,820	2,670	2,329	2,826	2,968	2,918	3,026	3,327
TTM Cash Flow to Firm	875	1,173	1,424	1,475	2,201	1,658	2,420	2,612	2,518	3,315	2,502	2,582	2,361	2,165	2,907
TTM Free Cash Flow to Firm	587	838	1,162	1,263	1,928	1,358	2,136	2,235	2,126	2,917	2,223	2,250	2,044	1,868	2,619

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	33.79	26.5	26.05	26.06	19.63	25.45	20.01	16.5	16.61	15	21.37	13.23	18.93	21.37	15.9
EV/EBIT	14.9	13.98	15.75	16.21	15.7	13.03	15.24	11.55	13.25	19.71	16.28	9.45	13.48	13.18	11.7
Enterprise Value	16,938	19,040	26,429	30,565	33,633	29,829	37,804	32,339	32,503	41,673	46,011	28,039	36,249	38,122	39,664
Low Price	27.19	27.48	30.55	42.17	50.7	47.2	51.54	61.01	56.56	42.24	66.3	52	56.83	64.1	64.25
EV/Sales	2.77	2.59	2.99	2.98	2.71	2.21	2.55	2.01	1.94	2.5	2.49	1.44	1.87	1.93	1.88
EV/EBITDA	13.44	12.54	14.23	14.6	13.61	11.18	12.93	9.8	10.91	15.59	13.53	7.93	11.17	11.1	10.07
Price/Earnings	21.93	20.81	24.41	22.68	22.97	21.93	28.15	17.33	18.96	31.21	22.12	12.89	17.92	17.39	18.47
Price/Earnings Average	24.56	19.22	18.92	20.62	23.31	22.34	25.99	21.15	19.71	24.66	18.83	16.26	15.57	16.41	16.65
Price/Earnings High	28.62	22.18	24.41	23.4	26.27	24.85	29.87	23.71	22.72	31.78	22.2	21.14	18.12	18.18	19.84
Price/Earnings Low	18.67	15.75	15.02	17.82	19.01	18.45	20.32	16.9	17.17	16.39	16.35	11.76	13.5	14.19	14.06
Price/Book Value	4.9	4.51	4.92	4.22	4.02	3.18	3.94	3.16	3.11	3.93	3.93	2.36	2.84	2.7	2.69
Price/Book Value Average	5.49	4.17	3.81	3.84	4.08	3.24	3.63	3.86	3.23	3.11	3.34	2.97	2.47	2.55	2.43
Price/Book Value High	6.39	4.81	4.92	4.36	4.6	3.6	4.18	4.32	3.72	4.01	3.94	3.86	2.87	2.82	2.89
Price/Book Value Low	4.17	3.42	3.03	3.32	3.33	2.67	2.84	3.08	2.81	2.07	2.9	2.15	2.14	2.2	2.05
Price/Tangible Book Value	5.43	4.91	5.43	7.48	6.21	4.72	6.01	5.31	5.71	8.96	9.14	5.34	6.27	6.64	6.23
Price/Tangible Book Value Average	6.08	4.54	4.21	6.8	6.3	4.81	5.55	6.49	5.93	7.08	7.78	6.74	5.45	6.26	5.62
Price/Tangible Book Value High	7.09	5.24	5.43	7.72	7.1	5.35	6.38	7.27	6.84	9.12	9.17	8.76	6.34	6.94	6.69
Price/Tangible Book Value Low	4.62	3.72	3.34	5.88	5.14	3.97	4.34	5.18	5.16	4.7	6.75	4.87	4.72	5.42	4.74
Price/Sales	3.17	2.98	3.39	3.18	3	2.53	2.86	2.26	2.08	2.61	2.55	1.52	1.97	1.97	1.95
Price/Sales Average	3.55	2.75	2.63	2.89	3.05	2.57	2.64	2.76	2.16	2.06	2.17	1.92	1.71	1.86	1.76
Price/Sales High	4.13	3.17	3.39	3.28	3.44	2.86	3.03	3.09	2.49	2.66	2.56	2.49	1.99	2.06	2.1
Price/Sales Low	2.69	2.25	2.09	2.5	2.49	2.12	2.06	2.2	1.88	1.37	1.89	1.39	1.48	1.61	1.49
Price/Cash Flow	22.15	18.66	21.06	22.15	17.06	20.71	17.59	14.05	13.98	13.17	18.94	11.5	16.35	18.34	14.29
Price/Cash Flow Average	24.8	17.23	16.33	20.15	17.31	21.09	16.24	17.15	14.53	10.4	16.13	14.5	14.21	17.31	12.88
Price/Cash Flow High	28.9	19.89	21.06	22.86	19.5	23.46	18.66	19.22	16.75	13.41	19.02	18.85	16.53	19.18	15.35
Price/Cash Flow Low	18.85	14.12	12.96	17.41	14.12	17.42	12.7	13.7	12.65	6.91	14	10.49	12.32	14.97	10.88
Price/Free Cash Flow Average	37.84	24.48	20.19	23.7	19.92	25.93	18.47	20.13	17.26	11.85	18.2	16.68	16.45	20.16	14.34
Price/Free Cash Flow High	44.09	28.25	26.05	26.89	22.44	28.83	21.23	22.57	19.9	15.28	21.45	21.69	19.14	22.34	17.09
Price/Free Cash Flow Low	28.76	20.06	16.03	20.48	16.24	21.4	14.44	16.08	15.03	7.88	15.8	12.07	14.26	17.44	12.11
EV/Sales Average	3.15	2.36	2.22	2.69	2.75	2.26	2.33	2.5	2.02	1.97	2.11	1.83	1.62	1.82	1.69
EV/Sales High	3.73	2.79	2.99	3.08	3.14	2.55	2.73	2.83	2.34	2.55	2.5	2.4	1.89	2.02	2.02
EV/Sales Low	2.3	1.87	1.68	2.3	2.19	1.81	1.76	1.95	1.74	1.29	1.82	1.31	1.39	1.57	1.42
EV/EBITDA Average	15.28	11.44	10.57	13.19	13.83	11.42	11.83	12.21	11.36	12.24	11.48	10.07	9.66	10.46	9.06
EV/EBITDA High	18.12	13.5	14.23	15.1	15.77	12.88	13.8	13.83	13.19	15.88	13.59	13.17	11.3	11.62	10.83
EV/EBITDA Low	11.15	9.03	7.98	11.26	11.01	9.15	8.93	9.53	9.82	8.01	9.92	7.21	8.32	9.02	7.62
EV/EBIT Average	16.95	12.76	11.71	14.64	15.96	13.31	13.94	14.38	13.8	15.48	13.81	12	11.65	12.42	10.53
EV/EBIT High	20.1	15.05	15.75	16.77	18.2	15.01	16.27	16.29	16.02	20.08	16.34	15.7	13.64	13.79	12.59
EV/EBIT Low	12.37	10.07	8.83	12.5	12.7	10.66	10.53	11.22	11.93	10.13	11.94	8.59	10.03	10.71	8.86
Last Price	31.95	36.3	49.65	53.66	61.25	56.12	71.41	62.57	62.48	80.45	89.69	56.99	75.44	78.56	84.4
High Price	41.7	38.7	49.65	55.37	70.03	63.58	75.76	85.6	74.88	81.91	90.03	93.43	76.28	82.12	90.68
Enterprise Value Average	19,261	17,370	19,643	27,599	34,190	30,466	34,576	40,292	33,853	32,721	39,019	35,619	31,333	35,922	35,693
Enterprise Value High	22,844	20,487	26,429	31,603	38,981	34,363	40,362	45,625	39,296	42,448	46,190	46,591	36,669	39,888	42,673
Enterprise Value Low	14,053	13,715	14,821	23,564	27,209	24,404	26,120	31,435	29,258	21,423	33,729	25,500	26,982	30,967	30,014

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	606	603	608	609	609	608	588	577	548	530	525	509	498	495	479
Diluted Weighted Avg Shares	621	612	610	612	613	610	595	584	560	541	528	519	505	497	489
Basic Weighted Avg Shares	607	603	604	608	609	607	593	582	559	540	527	518	505	496	488
Revenue per Share	10.09	12.19	14.64	16.88	20.38	22.22	24.97	27.71	30.02	30.84	35.12	37.51	38.32	39.79	43.25
EBITDA per Share	2.08	2.52	3.08	3.44	4.06	4.4	4.93	5.67	5.33	4.95	6.45	6.83	6.42	6.92	8.07
Operating Income per Share	1.87	2.26	2.78	3.1	3.52	3.77	4.31	4.85	4.78	4.31	5.36	5.73	5.78	6.1	6.82
Basic EPS, GAAP	1.46	1.74	2.03	2.37	2.67	2.56	2.54	3.61	3.3	2.58	4.06	4.42	4.21	4.52	4.57
Basic EPS from Cont Ops	1.46	1.74	2.03	2.37	2.67	2.56	2.54	3.61	3.3	2.58	4.06	4.42	4.21	4.52	4.57
Diluted EPS, GAAP	1.42	1.72	2.02	2.35	2.65	2.55	2.53	3.6	3.29	2.57	4.05	4.41	4.21	4.51	4.56
Diluted EPS from Cont Ops	1.42	1.72	2.02	2.35	2.65	2.55	2.53	3.6	3.29	2.57	4.05	4.41	4.21	4.51	4.56
Dividend per Share	- -	- -	- -	- -	- -	- -	0.45	0.8	0.81	0.89	0.97	1.09	1.17	1.21	1.25
Cash Flow per Share	1.44	1.95	2.36	2.42	3.59	2.71	4.06	4.45	4.47	6.11	4.73	4.96	4.61	4.28	5.91
Free Cash Flow per Basic Share	0.97	1.39	1.92	2.07	3.14	2.22	3.58	3.81	3.77	5.37	4.2	4.32	3.99	3.68	5.32
Cash & Equivalents per Share	4.01	4.75	6.17	6.19	8.13	8.5	8.6	7.82	6.25	5.14	5.18	4.91	5.29	4.53	4
Book Value per Share	6.52	8.05	10.1	12.7	15.23	17.64	18.14	19.8	20.11	20.45	22.84	24.18	26.56	29.11	31.35
Tangible Book Value per Share	5.88	7.39	9.15	7.18	9.87	11.88	11.88	11.77	10.95	8.98	9.82	10.67	12.03	11.83	13.55