Brown Forman Inc Financial Ratios — BF5B 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	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Return on Common Equity (%)	24.85	31.97	36.01	34.75	61.55	45.63	53.39	56.36	45.67	39	31.08	26.08	30.18	23.14	17.85
Return on Assets (%)	14.27	16.64	17.05	16.5	25.49	15.19	14.94	16.51	15.17	14.7	13	11.07	12.85	10.69	8.95
Return on Capital (%)	19.78	23.64	23.9	22.94	35.77	21.61	20.75	22.6	20.52	19.83	17.6	15.24	17.57	14.5	12.05
Return on Invested Capital (%)	19.35	22.97	23.03	22.18	34.93	21.58	20.38	22.44	20.14	19.5	17.32	15.2	17.18	13.16	12.05
Gross Margin (%)	65.92	68.62	69.48	69.66	69.41	67.5	67.8	65.16	63.25	60.5	60.79	58.99	60.46	58.94	60.54
EBITDA Margin (%)	30.74	33.31	34.14	34.4	51.44	35.67	34.24	36.58	34.64	35.91	32.62	28.55	35.93	30.04	27.83
Operating Margin (%)	28.94	31.52	32.46	32.77	33.93	33.73	32.27	34.42	32.44	30.02	30.61	26.66	27.62	30.54	29.33
Incremental Operating Margin (%)	- -	87.3	51.41	39.16	- -	40	14.96	126.32	- -	- -	34.96	- -	- -	- -	131.91
Pretax Margin (%)	27.91	30.36	31.66	31.97	48.2	31.16	30.08	31.35	30	31.23	28.32	24.05	31.07	27.19	22.53
Profit Margin (%)	18.84	20.74	22.03	21.83	34.54	22.34	22.08	25.12	24.59	26.09	21.31	18.52	24.51	21.86	18.2
Net Income to Common Margin (%)	18.84	20.74	22.03	21.83	34.54	22.34	22.08	25.12	24.59	26.09	21.31	18.52	24.51	21.86	18.2
Effective Tax Rate (%)	32.5	31.68	30.41	31.74	28.34	28.3	26.61	19.87	18.04	16.47	24.78	23.01	21.11	19.61	19.21
Dvd Payout Ratio (%)	37.43	179.86	35.36	37.43	24.93	40.96	107.81	37.13	39.3	37.43	99.16	48.28	39.45	48.33	59.72
Sustainable Growth Rate (%)	15.55	-25.53	23.28	21.74	46.21	26.94	-4.17	35.44	27.72	24.4	0.26	13.49	18.28	11.96	7.19

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	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Total Debt	510	1,002	1,005	1,183	1,501	2,149	2,556	2,493	2,602	2,559	2,269	2,913	3,100	2,733	2,502
ST Debt	7	5	8	440	271	460	215	166	333	205	250	235	728	312	419
LT Debt	503	997	997	743	1,230	1,689	2,341	2,327	2,269	2,354	2,019	2,678	2,372	2,421	2,083
Total Debt/EBITDA	0.61	1.06	0.98	1.1	0.94	2.01	2.3	2.05	2.23	2.06	1.77	2.41	2.07	2.29	2.29
Net Debt/EBITDA	0.21	0.84	0.56	0.75	0.78	1.84	2.08	1.75	1.65	1.13	1.09	2.1	1.77	1.92	2.01
Total Debt/EBIT	0.65	1.12	1.04	1.15	0.98	2.13	2.44	2.18	2.38	2.19	1.88	2.58	2.19	2.47	2.5
Net Debt/EBIT	0.22	0.89	0.58	0.79	0.81	1.95	2.21	1.86	1.77	1.21	1.16	2.25	1.88	2.07	2.19
EBITDA to Interest Expense	27	26.36	39.27	39.93	34.54	18.1	16.35	13.82	14.21	15.35	15.65	13.41	11.82	9.79	10.61
EBITDA-CapEx/Interest Expense	24.9	23.69	34.38	35.33	32.2	16.2	14.47	12.44	12.76	14.54	13.96	11.38	10.02	8.42	9.57
EBIT to Interest Expense	25.42	24.94	37.35	38.04	22.78	17.12	15.41	13	13.3	12.83	14.68	12.52	9.09	9.95	11.18
Interest Expense	31	36	26	27	46	59	68	88	82	81	82	90	127	122	103
Common Equity/Total Assets	59.51	44.9	49.52	45.49	37.34	29.62	26.45	32.05	34.25	40.72	42.95	42.02	43.07	49.38	50.92
Long-Term Debt/Equity (%)	24.31	61.24	49.06	39	78.75	123.28	177.89	141.29	114.89	88.63	73.77	81.95	67.44	60.63	51.82
Long-Term Debt/Capital (%)	19.5	37.91	32.83	24.06	40.16	48	60.46	56.21	49.57	45.14	40.33	43.33	35.85	35.99	31.94
Long-Term Debt/Total Assets (%)	14.47	27.5	24.3	17.74	29.4	36.52	47.05	45.28	39.35	36.09	31.68	34.43	29.05	29.94	26.39
Total Debt/Equity (%)	24.65	61.55	49.46	62.1	96.09	156.86	194.22	151.37	131.75	96.35	82.9	89.14	88.14	68.44	62.24
Total Debt/Capital (%)	19.78	38.1	33.09	38.31	49	61.07	66.01	60.22	56.85	49.07	45.33	47.13	46.85	40.63	38.36
Total Debt/Total Assets (%)	14.67	27.63	24.49	28.25	35.88	46.46	51.37	48.51	45.13	39.24	35.6	37.46	37.96	33.8	31.69
Net Debt to Equity	8.31	49.02	27.95	42.68	79.26	143.58	176.06	129.51	97.57	53.05	51.19	77.69	75.46	57.33	54.58
Net Debt/Capital (%)	7.68	32.89	21.85	29.91	44.21	58.95	63.78	55.65	49.38	34.66	33.86	43.72	43.01	36.44	35.31
EBITDA	837	949	1,021	1,078	1,589	1,068	1,112	1,216	1,165	1,243	1,283	1,207	1,501	1,194	1,093
EBITDA-CapEx	772	853	894	954	1,481	956	984	1,095	1,046	1,178	1,145	1,024	1,273	1,027	986
Operating Income (Loss)	788	898	971	1,027	1,048	1,010	1,048	1,144	1,091	1,039	1,204	1,127	1,154	1,214	1,152

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	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Cash Ratio	0.84	0.43	0.78	0.39	0.33	0.19	0.29	0.44	0.77	1.25	0.84	0.35	0.29	0.41	0.25
Current Ratio	4.33	3.85	3.88	2.35	2.82	2.42	3.11	3.87	3.71	4.27	3.65	3.51	2.59	3.88	3.24
Quick Ratio	2.01	1.59	1.79	0.99	1.04	0.76	1.07	1.3	1.41	2.07	1.63	1.13	0.78	1.18	0.93
CFO/Avg Current Liab	0.93	1.22	1.26	0.8	0.6	0.75	0.73	1.05	0.91	0.91	0.96	0.6	0.49	0.45	0.87
Common Equity/Total Assets	59.51	44.9	49.52	45.49	37.34	29.62	26.45	32.05	34.25	40.72	42.95	42.02	43.07	49.38	50.92
Long-Term Debt/Equity (%)	24.31	61.24	49.06	39	78.75	123.28	177.89	141.29	114.89	88.63	73.77	81.95	67.44	60.63	51.82
Long-Term Debt/Capital (%)	19.5	37.91	32.83	24.06	40.16	48	60.46	56.21	49.57	45.14	40.33	43.33	35.85	35.99	31.94
Long-Term Debt/Total Assets (%)	14.47	27.5	24.3	17.74	29.4	36.52	47.05	45.28	39.35	36.09	31.68	34.43	29.05	29.94	26.39
Total Debt/Equity (%)	24.65	61.55	49.46	62.1	96.09	156.86	194.22	151.37	131.75	96.35	82.9	89.14	88.14	68.44	62.24
Total Debt/Capital (%)	19.78	38.1	33.09	38.31	49	61.07	66.01	60.22	56.85	49.07	45.33	47.13	46.85	40.63	38.36
Total Debt/Total Assets (%)	14.67	27.63	24.49	28.25	35.88	46.46	51.37	48.51	45.13	39.24	35.6	37.46	37.96	33.8	31.69
CFO/Total Liabilities	36.65	26.88	31.34	26.63	19.99	20.15	17.84	22.91	19.1	21.13	25.74	14.19	13.92	14.61	25.81
CFO/CapEx	7.94	5.59	5.11	4.9	4.85	5.86	5.1	6.61	6.08	12.57	6.78	3.5	2.84	3.58	9.35
Altman's Z-Score	- -	9.3	10.04	9.34	9.13	7.84	7.69	7.85	7.93	8.77	8.59	7.42	5.95	5.74	5.2

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	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Accounts Receivable Turnover	5.61	5.57	5.36	5.44	5.41	5.37	5.43	5.33	5.7	5.23	5.02	5.07	5.15	4.97	4.73
Days Sales Outstanding	65.08	65.53	68.16	67.08	67.47	68.03	67.2	68.52	63.98	69.76	72.67	72	70.94	73.41	77.22
Inventory Turnover	1.37	1.16	1.07	1.04	0.94	0.84	0.79	0.8	0.77	0.8	0.86	0.85	0.68	0.64	0.61
Days Inventory Outstanding	267.26	314.17	341.61	352.14	387.6	435.9	462.18	456.88	473.23	458.72	422.4	431.62	534.57	566.62	595.07
Accounts Payable Turnover	8.07	7.98	7.25	7.95	8.57	9.22	7.94	8.55	9.97	9.46	8.25	8.36	6.7	6.22	6.92
Accounts Payable Turnover Days	45.21	45.76	50.34	45.89	42.57	39.6	45.98	42.71	36.6	38.59	44.24	43.65	54.51	58.65	52.72
Cash Conversion Cycle	287.13	333.94	359.43	373.33	412.49	464.32	483.4	482.69	500.61	489.89	450.83	459.97	551	581.39	619.57
Inventory to Cash Days	-202.18	-248.64	-273.46	-285.06	-320.13	-367.87	-394.98	-388.36	-409.25	-388.96	-349.74	-359.62	-463.64	-493.21	-517.85
Inventories	712	827	882	953	1,054	1,270	1,379	1,520	1,685	1,751	1,818	2,283	2,556	2,511	2,543
Raw Materials	50	57	47	61	85	92	90	85	101	128	126	191	218	90	85
Work In Process	115	137	144	121	116	119	117	152	172	199	225	321	396	378	414
Finished Goods	547	633	691	771	853	1,059	1,172	1,283	1,412	1,424	1,467	1,771	1,942	2,043	2,044
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	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Market Capitalization	- -	15,435	19,652	19,261	19,510	18,619	27,620	26,028	30,447	37,400	33,099	31,963	23,153	16,829	12,109
- Cash & Cash Equivalents	338	204	437	370	263	182	239	307	675	1,150	868	374	446	444	308
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	510	1,002	1,005	1,183	1,501	2,149	2,556	2,493	2,602	2,559	2,269	2,913	3,100	2,733	2,502
Enterprise Value	- -	16,233	20,220	20,074	20,748	20,586	29,937	28,214	32,374	38,809	34,500	34,502	25,807	19,118	14,303
Total Capital	2,579	2,630	3,037	3,088	3,063	3,519	3,872	4,140	4,577	5,215	5,006	6,181	6,617	6,726	6,522
Total Debt/Capital (%)	19.78	38.1	33.09	38.31	49	61.07	66.01	60.22	56.85	49.07	45.33	47.13	46.85	40.63	38.36
Total Debt / EV	- -	0.06	0.05	0.06	0.07	0.1	0.09	0.09	0.08	0.07	0.07	0.08	0.12	0.14	0.17
EV/Sales	- -	5.7	6.76	6.41	6.72	6.88	9.22	8.49	9.63	11.21	8.77	8.16	6.18	4.81	3.64
EV/EBITDA	- -	17.11	19.8	18.62	13.06	19.28	26.92	23.2	27.79	31.22	26.89	28.58	17.19	16.01	13.09
EV/EBIT	- -	18.08	20.82	19.55	13.53	20.38	28.57	24.66	29.67	33.28	28.65	30.61	18.25	17.27	14.29
EV/Cash Flow to Firm	- -	28.91	30.31	32.04	37.25	29.48	42.59	32.41	40.92	43.87	34.58	48.64	34.54	27.47	13.2
EV/Free Cash Flow to Firm	- -	34.87	37.44	39.95	46.21	35.11	52.07	37.64	48.16	47.35	40.13	65.56	49.71	36.14	14.65
Diluted Market Cap	- -	15,527	19,802	19,665	20,155	18,928	27,806	26,295	30,587	37,552	33,206	32,040	23,380	16,871	12,321
Diluted Enterprise Value	- -	16,325	20,370	20,478	21,393	20,895	30,123	28,481	32,514	38,961	34,607	34,579	26,034	19,160	14,515
EV per Share	- -	29.67	37	37.56	40.98	41.86	60.77	57.73	66.1	79.15	70.32	70.28	53.32	39.57	30.44
TTM Sales	2,723	2,849	2,991	3,134	3,089	2,994	3,248	3,324	3,363	3,461	3,933	4,228	4,178	3,975	3,928
TTM EBITDA	837	949	1,021	1,078	1,589	1,068	1,112	1,216	1,165	1,243	1,283	1,207	1,501	1,194	1,093
TTM Operating Income	788	898	971	1,027	1,048	1,010	1,048	1,144	1,091	1,039	1,204	1,127	1,154	1,214	1,152
TTM Cash Flow to Firm	537	562	667	626	557	698	703	871	791	885	998	709	747	696	1,083
TTM Free Cash Flow to Firm	472	466	540	502	449	586	575	750	672	820	860	526	519	529	976

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	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Price/Free Cash Flow	- -	35.21	37.94	40.63	48.45	34.79	52.96	38.73	50.56	49.94	41.61	70.11	55.8	39.14	13.8
EV/EBIT	- -	18.08	20.82	19.55	13.53	20.38	28.57	24.66	29.67	33.28	28.65	30.61	18.25	17.27	14.29
Enterprise Value	- -	16,233	20,220	20,074	20,748	20,586	29,937	28,214	32,374	38,809	34,500	34,502	25,807	19,118	14,303
Low Price	- -	24.69	26.63	33.49	36.21	34.75	37.82	44.97	45.51	60.39	61.72	60.61	47.75	30.32	22.58
EV/Sales	- -	5.7	6.76	6.41	6.72	6.88	9.22	8.49	9.63	11.21	8.77	8.16	6.18	4.81	3.64
EV/EBITDA	- -	17.11	19.8	18.62	13.06	19.28	26.92	23.2	27.79	31.22	26.89	28.58	17.19	16.01	13.09
Price/Earnings	- -	26.08	29.82	28.55	18.77	28.09	38.47	31.29	36.78	41.4	39.49	40.81	22.79	19.4	17.22
Price/Earnings Average	- -	24.58	25.91	28.94	19.38	27.98	32.14	29.67	36.05	39.45	41.39	42.56	28.5	22.94	19.1
Price/Earnings High	- -	26.59	30.01	30.82	21.93	30.52	39.57	34.86	43.01	44.97	47.76	49.12	33.91	27.72	24.31
Price/Earnings Low	- -	22.82	22.09	26.53	17.64	25.78	25.95	26.42	26.93	32.78	36.13	37.98	22.75	16.89	15.08
Price/Book Value	- -	9.48	9.67	10.11	12.49	13.59	20.99	15.8	15.42	14.08	12.09	9.78	6.58	4.21	3.01
Price/Book Value Average	- -	8.94	8.4	10.25	12.9	13.54	17.54	14.99	15.11	13.42	12.67	10.2	8.23	4.98	3.34
Price/Book Value High	- -	9.67	9.73	10.92	14.6	14.76	21.59	17.61	18.03	15.3	14.63	11.77	9.8	6.02	4.25
Price/Book Value Low	- -	8.3	7.16	9.4	11.74	12.47	14.16	13.34	11.29	11.15	11.06	9.1	6.57	3.67	2.64
Price/Tangible Book Value	- -	45	26.74	28.04	51.75	-775.78	-236.07	104.53	52.14	31.14	23.81	49.4	21.6	11.17	7.79
Price/Tangible Book Value Average	- -	42.42	23.23	28.42	53.43	-772.72	-197.27	99.13	51.09	29.68	24.96	51.53	27.01	13.21	8.64
Price/Tangible Book Value High	- -	45.89	26.91	30.27	60.47	-842.76	-242.85	116.46	60.96	33.83	28.8	59.46	32.14	15.95	11
Price/Tangible Book Value Low	- -	39.38	19.8	26.05	48.63	-711.95	-159.24	88.26	38.17	24.66	21.79	45.98	21.56	9.72	6.82
Price/Sales	- -	5.41	6.57	6.23	6.48	6.28	8.49	7.86	9.05	10.8	8.41	7.56	5.59	4.24	3.13
Price/Sales Average	- -	5.1	5.71	6.32	6.69	6.25	7.1	7.45	8.86	10.29	8.82	7.88	6.99	5.02	3.48
Price/Sales High	- -	5.52	6.61	6.73	7.58	6.82	8.74	8.76	10.58	11.73	10.18	9.1	8.31	6.06	4.43
Price/Sales Low	- -	4.73	4.87	5.79	6.09	5.76	5.73	6.64	6.62	8.55	7.7	7.03	5.58	3.69	2.75
Price/Cash Flow	- -	28.7	30.28	32.12	38.22	28.65	42.24	32.66	42.01	45.76	35.35	49.93	36.07	28.2	12.31
Price/Cash Flow Average	- -	27.05	26.31	32.56	39.46	28.54	35.3	30.97	41.17	43.61	37.05	52.07	45.11	33.34	13.66
Price/Cash Flow High	- -	29.26	30.48	34.67	44.66	31.12	43.45	36.38	49.13	49.7	42.76	60.1	53.67	40.28	17.39
Price/Cash Flow Low	- -	25.12	22.43	29.85	35.92	26.29	28.49	27.57	30.76	36.23	32.34	46.47	36.01	24.55	10.78
Price/Free Cash Flow Average	- -	33.19	32.96	41.19	50.02	34.66	44.26	36.73	49.54	47.59	43.61	73.12	69.78	46.29	15.31
Price/Free Cash Flow High	- -	35.9	38.18	43.86	56.62	37.8	54.49	43.15	59.12	54.24	50.34	84.39	83.02	55.93	19.48
Price/Free Cash Flow Low	- -	30.82	28.1	37.76	45.53	31.93	35.73	32.7	37.01	39.54	38.07	65.26	55.7	34.08	12.09
EV/Sales Average	- -	5.39	5.9	6.49	6.92	6.85	7.82	8.08	9.45	10.71	9.18	8.49	7.57	5.58	3.98
EV/Sales High	- -	5.8	6.8	6.89	7.78	7.41	9.46	9.38	11.16	12.14	10.54	9.7	8.88	6.62	4.91
EV/Sales Low	- -	5.02	5.06	5.97	6.34	6.36	6.45	7.27	7.2	8.96	8.06	7.64	6.17	4.26	3.26
EV/EBITDA Average	- -	16.17	17.28	18.87	13.46	19.21	22.84	22.1	27.27	29.81	28.13	29.72	21.06	18.58	14.3
EV/EBITDA High	- -	17.43	19.93	20.04	15.13	20.78	27.64	25.65	32.21	33.82	32.3	33.98	24.72	22.05	17.65
EV/EBITDA Low	- -	15.08	14.81	17.36	12.32	17.84	18.84	19.87	20.79	24.96	24.69	26.75	17.17	14.19	11.71
EV/EBIT Average	- -	17.09	18.17	19.8	13.95	20.31	24.23	23.49	29.11	31.78	29.98	31.83	22.35	20.05	15.61
EV/EBIT High	- -	18.42	20.95	21.04	15.68	21.97	29.32	27.26	34.4	36.05	34.42	36.39	26.24	23.79	19.28
EV/EBIT Low	- -	15.93	15.57	18.22	12.77	18.87	19.99	21.12	22.2	26.6	26.32	28.65	18.22	15.3	12.79
Last Price	- -	28.21	35.96	36.04	38.53	37.86	56.06	53.26	62.16	76.28	67.46	65.11	47.83	34.83	25.77
High Price	- -	28.76	36.19	38.91	45.03	41.13	57.68	59.34	72.69	82.85	81.61	78.37	71.17	49.76	36.4
Enterprise Value Average	- -	15,349	17,644	20,338	21,382	20,512	25,398	26,870	31,764	37,052	36,092	35,876	31,610	22,190	15,630
Enterprise Value High	- -	16,538	20,347	21,606	24,037	22,193	30,730	31,186	37,529	42,034	41,440	41,013	37,103	26,333	19,295
Enterprise Value Low	- -	14,307	15,123	18,711	19,573	19,054	20,948	24,164	24,217	31,020	31,683	32,291	25,766	16,941	12,802

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	04/30/2012	04/30/2013	04/30/2014	04/30/2015	04/30/2016	04/30/2017	04/30/2018	04/30/2019	04/30/2020	04/30/2021	04/30/2022	04/30/2023	04/30/2024	04/30/2025	04/30/2026

Shares Outstanding	546	547	547	534	506	492	493	489	490	490	491	491	484	483	470
Diluted Weighted Avg Shares	553	550	551	546	523	500	496	494	492	492	492	492	489	484	478
Basic Weighted Avg Shares	549	546	547	542	520	496	492	491	489	490	490	491	488	484	478
Revenue per Share	4.96	5.21	5.47	5.78	5.94	6.03	6.6	6.78	6.87	7.06	8.02	8.62	8.56	8.21	8.22
EBITDA per Share	1.52	1.74	1.87	1.99	3.06	2.15	2.26	2.48	2.38	2.54	2.62	2.46	3.08	2.47	2.29
Operating Income per Share	1.43	1.64	1.78	1.9	2.02	2.03	2.13	2.33	2.23	2.12	2.45	2.3	2.37	2.51	2.41
Basic EPS, GAAP	0.93	1.08	1.21	1.26	2.05	1.35	1.46	1.7	1.69	1.84	1.71	1.6	2.1	1.8	1.5
Basic EPS from Cont Ops	0.93	1.08	1.21	1.26	2.05	1.35	1.46	1.7	1.69	1.84	1.71	1.6	2.1	1.8	1.5
Diluted EPS, GAAP	0.93	1.07	1.2	1.25	2.04	1.34	1.45	1.69	1.68	1.83	1.7	1.59	2.1	1.79	1.5
Diluted EPS from Cont Ops	0.93	1.07	1.2	1.25	2.04	1.34	1.45	1.69	1.68	1.83	1.7	1.59	2.1	1.79	1.5
Dividend per Share	0.35	1.95	0.43	0.47	0.51	0.55	1.57	0.63	0.66	0.69	1.69	0.77	0.83	0.87	0.89
Cash Flow per Share	0.94	0.98	1.19	1.12	1.01	1.32	1.33	1.63	1.48	1.67	1.91	1.3	1.33	1.24	2.09
Free Cash Flow per Basic Share	0.82	0.81	0.96	0.89	0.8	1.1	1.07	1.38	1.24	1.53	1.63	0.93	0.86	0.89	1.87
Cash & Equivalents per Share	0.62	0.37	0.8	0.69	0.52	0.37	0.49	0.63	1.38	2.35	1.77	0.76	0.92	0.92	0.66
Book Value per Share	3.79	2.98	3.72	3.56	3.09	2.79	2.67	3.37	4.03	5.42	5.58	6.66	7.27	8.26	8.56
Tangible Book Value per Share	1.44	0.63	1.34	1.29	0.74	-0.05	-0.24	0.51	1.19	2.45	2.83	1.32	2.21	3.12	3.31