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	- -	1.28	1.34	1.66	1.62	1.46	1.37	1.36	1.13	0.56	1.17	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	- -	45,768	45,253	57,863	60,279	54,790	53,170	51,306	45,210	27,592	51,953	38,118	46,339	55,585	60,547
- 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	- -	68,902	67,440	79,031	82,808	78,038	77,107	74,870	69,867	54,480	78,328	63,682	71,394	79,668	90,448
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	- -	0.34	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	- -	16.19	14.84	16.23	15.72	14.36	13.95	13.26	12.14	11.82	15.31	12.03	12.62	13.36	14.21
EV/EBITDA	- -	20.83	19.15	21.53	21.19	19.27	18.54	17.51	16.22	16.38	20.95	16.43	17.24	17.89	19.12
EV/EBIT	- -	34.34	30.81	33.13	31.03	28.68	27.52	25.59	23.99	27.63	32.46	24.65	25.43	25.76	28.48
EV/Cash Flow to Firm	- -	19.3	17.97	21.32	21.02	18.5	17.54	16.43	15.23	- -	17.85	14.14	15	16.9	17.72
EV/Free Cash Flow to Firm	- -	19.3	17.97	21.32	21.02	18.5	17.54	16.43	15.23	- -	17.85	14.14	15	16.9	17.72
Diluted Market Cap	- -	44,769	45,201	57,852	60,412	54,723	53,316	51,407	45,394	25,932	51,948	38,219	46,465	55,555	60,760
Diluted Enterprise Value	- -	67,903	67,388	79,021	82,941	77,971	77,252	74,972	70,051	52,820	78,323	63,782	71,520	79,637	90,661
EV per Share	- -	222.33	217.12	254.29	267.62	249.26	248.2	242.29	227.68	165.84	238.35	194.77	219.05	244.17	278.11
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	- -	17.81	16.74	21.19	19.97	16.23	14.84	13.71	11.92	11.15	14.28	10.15	11.82	14.56	14.69
EV/EBIT	- -	34.34	30.81	33.13	31.03	28.68	27.52	25.59	23.99	27.63	32.46	24.65	25.43	25.76	28.48
Enterprise Value	- -	68,902	67,440	79,031	82,808	78,038	77,107	74,870	69,867	54,480	78,328	63,682	71,394	79,668	90,448
Low Price	- -	126.35	133.5	140.29	169.85	173.95	151.57	145.28	143.15	42.55	82.45	87	100.6	135.22	136.97
EV/Sales	- -	16.19	14.84	16.23	15.72	14.36	13.95	13.26	12.14	11.82	15.31	12.03	12.62	13.36	14.21
EV/EBITDA	- -	20.83	19.15	21.53	21.19	19.27	18.54	17.51	16.22	16.38	20.95	16.43	17.24	17.89	19.12
Price/Earnings	- -	31.28	34.34	41.17	33.11	29.81	27.42	21.1	21.63	23.38	23.13	17.89	20.38	23.46	13.14
Price/Earnings Average	- -	30.14	35.27	36.19	31.95	33.94	26.53	21.4	24.02	22.67	18.71	17.97	16.65	21.55	12.08
Price/Earnings High	- -	32.36	39.86	41.17	35.16	38.7	30.06	24.06	27.31	41.67	24.96	25.28	20.76	25.37	13.28
Price/Earnings Low	- -	26.76	31.47	31.02	28.87	29.63	24.28	18.46	21.02	11.84	12.06	13.35	14.42	18.62	9.67
Price/Book Value	- -	7.8	7.8	11.46	13.61	12.84	14.59	15.77	18.2	9.21	15.65	12.31	15.54	19.16	11.72
Price/Book Value Average	- -	7.52	8.01	10.07	13.14	14.62	14.12	16	20.21	8.93	12.66	12.36	12.7	17.6	10.77
Price/Book Value High	- -	8.07	9.05	11.46	14.46	16.67	16	17.99	22.97	16.41	16.89	17.39	15.83	20.71	11.84
Price/Book Value Low	- -	6.68	7.14	8.64	11.87	12.76	12.93	13.8	17.68	4.66	8.16	9.18	11	15.21	8.62
Price/Tangible Book Value	- -	8.54	8.34	12.21	14.52	13.76	15.48	16.53	18.93	9.38	15.91	12.46	15.69	19.31	11.88
Price/Tangible Book Value Average	- -	8.23	8.56	10.74	14.01	15.67	14.98	16.77	21.02	9.09	12.87	12.51	12.82	17.74	10.92
Price/Tangible Book Value High	- -	8.84	9.67	12.21	15.42	17.86	16.97	18.86	23.9	16.71	17.17	17.61	15.98	20.88	12
Price/Tangible Book Value Low	- -	7.31	7.64	9.2	12.66	13.68	13.71	14.47	18.39	4.75	8.29	9.3	11.1	15.33	8.74
Price/Sales	- -	10.52	9.95	11.88	11.47	10.07	9.65	9.11	7.89	5.63	10.15	7.22	8.21	9.32	9.55
Price/Sales Average	- -	10.14	10.22	10.44	11.07	11.46	9.33	9.24	8.76	5.46	8.21	7.25	6.71	8.56	8.78
Price/Sales High	- -	10.88	11.55	11.88	12.18	13.07	10.58	10.39	9.96	10.03	10.96	10.21	8.36	10.07	9.65
Price/Sales Low	- -	9	9.12	8.95	10	10.01	8.54	7.97	7.66	2.85	5.29	5.39	5.81	7.39	7.02
Price/Cash Flow	- -	17.81	16.74	21.19	19.97	16.23	14.84	13.71	11.92	11.15	14.28	10.15	11.82	14.56	14.69
Price/Cash Flow Average	- -	17.17	17.19	18.63	19.27	18.47	14.35	13.9	13.23	10.81	11.55	10.19	9.66	13.38	13.51
Price/Cash Flow High	- -	18.43	19.42	21.19	21.21	21.06	16.27	15.63	15.05	19.86	15.42	14.34	12.04	15.74	14.84
Price/Cash Flow Low	- -	15.24	15.34	15.97	17.41	16.13	13.14	11.99	11.58	5.65	7.45	7.57	8.36	11.56	10.81
Price/Free Cash Flow Average	- -	17.17	17.19	18.63	19.27	18.47	14.35	13.9	13.23	10.81	11.55	10.19	9.66	13.38	13.51
Price/Free Cash Flow High	- -	18.43	19.42	21.19	21.21	21.06	16.27	15.63	15.05	19.86	15.42	14.34	12.04	15.74	14.84
Price/Free Cash Flow Low	- -	15.24	15.34	15.97	17.41	16.13	13.14	11.99	11.58	5.65	7.45	7.57	8.36	11.56	10.81
EV/Sales Average	- -	15.8	15.11	14.79	15.32	15.75	13.64	13.39	13.01	11.64	13.37	12.07	11.12	12.6	13.45
EV/Sales High	- -	16.56	16.44	16.23	16.43	17.36	14.88	14.54	14.2	16.51	16.11	15.01	12.77	14.11	14.31
EV/Sales Low	- -	14.64	14.01	13.3	14.26	14.3	12.85	12.13	11.92	8.87	10.45	10.21	10.22	11.44	11.7
EV/EBITDA Average	- -	20.33	19.5	19.62	20.65	21.15	18.12	17.68	17.38	16.12	18.29	16.47	15.2	16.88	18.09
EV/EBITDA High	- -	21.31	21.21	21.53	22.14	23.31	19.77	19.2	18.97	22.86	22.05	20.49	17.45	18.9	19.26
EV/EBITDA Low	- -	18.83	18.08	17.64	19.21	19.19	17.07	16.01	15.92	12.28	14.3	13.94	13.97	15.32	15.74
EV/EBIT Average	- -	33.51	31.37	30.2	30.24	31.47	26.9	25.84	25.7	27.2	28.35	24.71	22.42	24.3	26.95
EV/EBIT High	- -	35.13	34.13	33.13	32.43	34.69	29.35	28.05	28.06	38.58	34.17	30.74	25.74	27.21	28.69
EV/EBIT Low	- -	31.05	29.08	27.15	28.13	28.56	25.35	23.39	23.55	20.73	22.16	20.91	20.61	22.05	23.44
Last Price	- -	147.68	145.69	186.18	194.81	175.01	171.15	166.03	147.33	83.99	158.09	116.59	142.18	170.36	186.17
High Price	- -	152.78	169.09	186.18	206.87	227.19	187.66	189.39	185.96	149.7	170.65	164.75	144.8	184.16	188.14
Enterprise Value Average	- -	67,234	68,663	72,034	80,697	85,631	75,378	75,614	74,848	53,640	68,405	63,849	62,920	75,143	85,582
Enterprise Value High	- -	70,480	74,709	79,031	86,538	94,375	82,237	82,088	81,722	76,065	82,453	79,430	72,247	84,169	91,088
Enterprise Value Low	- -	62,290	63,655	64,769	75,084	77,707	71,025	68,458	68,586	40,867	53,468	54,010	57,843	68,202	74,446

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