Ball Corporation Financial Ratios — BL8 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 (%)	32.44	33.96	34.78	41.64	24.6	11.22	10.14	12.27	17.67	18.8	25.44	20.29	19.56	83.23	16.17
Return on Assets (%)	6.25	5.36	5.31	6.11	3.25	2.03	2.24	2.69	3.34	3.29	4.63	3.63	3.61	21.71	4.91
Return on Capital (%)	12.12	10.99	10.72	11.98	7.14	- -	5.08	6.27	8.2	7.32	9.51	7.88	8.47	35.17	9.62
Return on Invested Capital (%)	12.95	12.13	11.93	13.19	7.89	- -	4.92	6.21	7.66	7.32	9.28	6.71	6.36	4.76	9.25
Gross Margin (%)	17.96	17.88	18.81	19.45	19.22	19.48	20.63	19.82	19.79	20.86	19.74	16.83	19.13	20.7	19.59
EBITDA Margin (%)	13.19	12.11	12.6	12.68	9.69	8.91	13.91	14.06	13.97	13.84	14.32	12.59	14.29	11.7	15.45
Operating Margin (%)	10.05	10.23	10.32	10.74	10.02	8.83	9.31	9.68	10.25	10.74	10.38	8.23	9.71	10.03	10.56
Incremental Operating Margin (%)	11.35	24.9	7.14	44.95	20.77	- -	11.6	15.8	- -	28.99	8.28	75.63	- -	- -	15.15
Pretax Margin (%)	7.64	6.82	6.89	7.54	4.33	1.38	4.68	5.44	5.3	5.83	7.3	5.33	5.09	4.54	8.57
Profit Margin (%)	5.14	4.54	4.8	5.48	3.51	2.9	3.41	3.9	4.93	4.97	6.36	5.38	5.86	33.98	6.93
Net Income to Common Margin (%)	5.14	4.54	4.8	5.48	3.51	2.9	3.41	3.9	4.93	4.97	6.36	5.38	5.86	33.98	6.93
Effective Tax Rate (%)	30.51	28.91	25.63	23.22	13.58	- -	32.1	29.23	11.68	14.41	15.48	19.35	23.78	24.86	21.28
Dvd Payout Ratio (%)	9.31	13.88	16.25	13.88	22.15	30.86	33.42	30.31	35.97	34.2	26.08	42.69	51.22	55.96	23.97
Sustainable Growth Rate (%)	29.42	29.25	29.13	35.86	19.15	7.76	6.75	8.55	11.31	12.37	18.81	11.63	9.54	36.65	12.29

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	3,144	3,305	3,605	3,169	5,051	7,532	6,971	6,729	8,056	8,095	8,157	8,948	8,569	5,673	7,012
ST Debt	447	220	423	175	77	222	453	219	1,538	80	95	1,408	1,065	361	21
LT Debt	2,697	3,085	3,183	2,994	4,974	7,310	6,518	6,510	6,518	8,015	8,062	7,540	7,504	5,312	6,991
Total Debt/EBITDA	2.76	3.12	3.38	2.92	6.52	9.33	4.56	4.11	5.03	4.97	4.12	5.31	4.97	4.11	3.45
Net Debt/EBITDA	2.62	2.96	2.99	2.74	6.23	8.59	4.27	3.67	3.75	3.95	3.62	4.99	4.57	3.45	2.85
Total Debt/EBIT	3.76	4.26	4.7	3.93	10.33	21.28	8.72	7.2	8.71	8.41	6.38	8.84	8.26	7.46	4.97
Net Debt/EBIT	3.56	4.04	4.16	3.69	9.87	19.59	8.16	6.43	6.51	6.69	5.6	8.3	7.59	6.27	4.11
EBITDA to Interest Expense	6.43	5.89	5.81	6.79	5.42	3.52	5.36	5.44	5.06	5.93	7.33	5.38	3.75	4.71	6.48
EBITDA-CapEx/Interest Expense	3.92	5.89	5.81	6.79	5.42	3.52	5.36	5.44	5.06	5.93	7.33	5.38	3.75	4.71	6.48
EBIT to Interest Expense	4.9	4.97	4.76	5.75	5.6	3.49	3.59	3.74	3.71	4.6	5.31	3.52	2.55	4.04	4.43
Interest Expense	177	180	184	160	143	229	285	301	317	275	270	313	460	293	314
Common Equity/Total Assets	16.74	14.85	15.66	13.65	12.9	21.24	22.95	20.89	16.99	17.94	18.4	17.38	19.53	33.25	27.77
Long-Term Debt/Equity (%)	195.7	239.17	224.75	241.51	394.45	206.44	161.1	182.76	215.9	240.19	218.78	213.78	195.57	89.58	128.96
Long-Term Debt/Capital (%)	59.63	67.14	63.38	67.91	78.8	66.02	59.16	63.26	58.85	70.11	68.08	60.44	60.49	45.78	56.23
Long-Term Debt/Total Assets (%)	37.02	41.1	40.69	39.54	51.29	45.2	37.96	39.33	37.55	43.91	40.89	37.87	38.87	30.13	35.81
Total Debt/Equity (%)	228.16	256.21	254.6	255.64	400.56	212.71	172.29	188.91	266.84	242.58	221.36	253.7	223.33	95.67	129.35
Total Debt/Capital (%)	69.53	71.93	71.8	71.88	80.02	68.02	63.27	65.39	72.74	70.81	68.88	71.73	69.07	48.89	56.4
Total Debt/Total Assets (%)	43.16	44.03	46.1	41.86	52.09	46.57	40.6	40.65	46.41	44.35	41.38	44.94	44.39	32.18	35.91
Net Debt to Equity	216.13	242.71	225.22	240.2	382.79	195.85	161.22	168.67	199.37	192.72	194.3	238.16	205.21	80.34	106.99
Net Debt/Capital (%)	68.37	70.82	69.25	70.61	79.29	66.2	61.72	62.78	64.88	63.89	63.48	70.43	67.24	44.45	51.69
EBITDA	1,138	1,058	1,067	1,087	775	807	1,528	1,636	1,603	1,630	1,978	1,684	1,724	1,380	2,034
EBITDA-CapEx	694	1,058	1,067	1,087	775	807	1,528	1,636	1,603	1,630	1,978	1,684	1,724	1,380	2,034
Operating Income (Loss)	867	893	874	920	801	800	1,023	1,126	1,176	1,265	1,433	1,101	1,171	1,183	1,390

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	0.09	0.1	0.22	0.1	0.1	0.2	0.11	0.18	0.32	0.31	0.09	0.08	0.11	0.18	0.22
Current Ratio	1.25	1.39	1.28	1.15	1.02	1.23	0.92	0.96	0.88	1.05	0.88	0.78	0.79	1	1.11
Quick Ratio	0.58	0.66	0.66	0.57	0.52	0.7	0.51	0.62	0.61	0.7	0.52	0.45	0.44	0.63	0.7
CFO/Avg Current Liab	0.59	0.48	0.46	0.51	0.49	0.08	0.42	0.38	0.32	0.29	0.34	0.05	0.28	0.02	0.24
Common Equity/Total Assets	16.74	14.85	15.66	13.65	12.9	21.24	22.95	20.89	16.99	17.94	18.4	17.38	19.53	33.25	27.77
Long-Term Debt/Equity (%)	195.7	239.17	224.75	241.51	394.45	206.44	161.1	182.76	215.9	240.19	218.78	213.78	195.57	89.58	128.96
Long-Term Debt/Capital (%)	59.63	67.14	63.38	67.91	78.8	66.02	59.16	63.26	58.85	70.11	68.08	60.44	60.49	45.78	56.23
Long-Term Debt/Total Assets (%)	37.02	41.1	40.69	39.54	51.29	45.2	37.96	39.33	37.55	43.91	40.89	37.87	38.87	30.13	35.81
Total Debt/Equity (%)	228.16	256.21	254.6	255.64	400.56	212.71	172.29	188.91	266.84	242.58	221.36	253.7	223.33	95.67	129.35
Total Debt/Capital (%)	69.53	71.93	71.8	71.88	80.02	68.02	63.27	65.39	72.74	70.81	68.88	71.73	69.07	48.89	56.4
Total Debt/Total Assets (%)	43.16	44.03	46.1	41.86	52.09	46.57	40.6	40.65	46.41	44.35	41.38	44.94	44.39	32.18	35.91
CFO/Total Liabilities	16.06	13.72	13.1	15.98	11.94	1.53	11.26	12.05	10.79	9.6	10.98	1.84	12.05	0.98	8.95
CFO/CapEx	2.14	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	4.19	4.07	4.43	3.07	2.72	2.75	2.98	2.95	3.32	3.14	2.38	2.54	3.39	3.11

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	- -	10.25	10.18	10.77	10.34	9.48	9.33	11.65	15.84	16.01	12.97	9.99	9.51	9.74	9.87
Days Sales Outstanding	- -	35.62	35.85	33.9	35.3	38.51	39.12	31.34	23.05	22.8	28.13	36.54	38.4	37.49	37
Inventory Turnover	6.57	6.78	6.63	6.75	6.75	6.31	5.93	6.67	7.23	7.1	7.04	5.6	5.26	6.22	6.06
Days Inventory Outstanding	55.58	53.85	55.02	54.07	54.09	57.81	61.53	54.72	50.47	51.42	51.83	65.21	69.42	58.69	60.18
Accounts Payable Turnover	9.14	7.97	7.05	5.89	4.46	4.42	3.68	3.1	2.95	2.86	2.82	2.52	2.26	2.63	2.83
Accounts Payable Turnover Days	39.95	45.82	51.77	61.94	81.76	82.57	99.1	117.8	123.52	127.45	129.65	145	161.22	138.92	129.17
Cash Conversion Cycle	- -	43.65	39.1	26.03	7.63	13.75	1.54	-31.74	-50.01	-53.22	-49.69	-43.26	-53.4	-42.74	-31.99
Inventory to Cash Days	- -	-18.23	-19.17	-20.17	-18.79	-19.3	-22.42	-23.38	-27.42	-28.62	-23.69	-28.67	-31.01	-21.2	-23.19
Inventories	1,073	1,044	1,028	1,017	898	1,413	1,526	1,271	1,274	1,353	1,795	2,179	1,531	1,477	2,013
Raw Materials	469	427	466	479	438	607	691	727	808	889	1,064	1,541	1,182	1,089	1,483
Work In Process	644	665	610	579	504	839	902	614	548	557	821	729	440	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	440	470	619
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-440	- -	- -

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	- -	6,704	7,389	9,527	10,417	13,247	13,281	15,023	21,016	30,389	30,554	16,198	18,260	15,966	14,081
- Cash & Cash Equivalents	166	174	416	191	224	597	448	721	1,798	1,366	563	548	695	885	1,212
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	159	175	191	207	10	106	105	104	70	62	58	66	68	68	- -
+ Total Debt	3,144	3,305	3,605	3,169	5,051	7,532	6,971	6,729	8,056	8,095	8,157	8,948	8,569	5,673	7,012
Enterprise Value	- -	10,011	10,770	12,711	15,254	20,288	19,909	21,135	27,344	37,180	38,206	24,664	26,202	20,822	19,881
Total Capital	4,522	4,595	5,021	4,409	6,312	11,073	11,017	10,291	11,075	11,432	11,842	12,475	12,406	11,603	12,433
Total Debt/Capital (%)	69.53	71.93	71.8	71.88	80.02	68.02	63.27	65.39	72.74	70.81	68.88	71.73	69.07	48.89	56.4
Total Debt / EV	- -	0.33	0.33	0.25	0.33	0.37	0.35	0.32	0.29	0.22	0.21	0.36	0.33	0.27	0.35
EV/Sales	- -	1.15	1.27	1.48	1.91	2.24	1.81	1.82	2.38	3.16	2.77	1.84	2.17	1.77	1.51
EV/EBITDA	- -	9.46	10.09	11.69	19.68	25.14	13.03	12.92	17.06	22.81	19.32	14.65	15.2	15.09	9.77
EV/EBIT	- -	12.91	14.03	15.77	31.19	57.31	24.92	22.63	29.56	38.65	29.9	24.37	25.24	27.4	14.08
EV/Cash Flow to Firm	- -	10.2	11.04	11.2	13.49	- -	11.91	11.88	14.96	22.3	19.22	44.57	11.84	62.13	13.17
EV/Free Cash Flow to Firm	- -	10.2	11.04	11.2	13.49	- -	11.91	11.88	14.96	22.3	19.22	44.57	11.84	62.13	13.17
Diluted Market Cap	- -	7,078	7,759	9,907	10,397	12,230	13,550	15,787	22,018	30,874	31,580	16,502	18,338	17,005	14,643
Diluted Enterprise Value	- -	10,385	11,139	13,091	15,234	19,271	20,178	21,899	28,346	37,665	39,232	24,968	26,280	21,861	20,443
EV per Share	- -	33.43	37.89	46.4	53.99	58.01	56.9	63.04	84.23	113.5	119.08	78.52	83	71.95	74.92
TTM Sales	8,631	8,736	8,468	8,570	7,997	9,061	10,983	11,635	11,474	11,781	13,811	13,372	12,062	11,795	13,161
TTM EBITDA	1,138	1,058	1,067	1,087	775	807	1,528	1,636	1,603	1,630	1,978	1,684	1,724	1,380	2,034
TTM Operating Income	867	893	874	920	801	800	1,023	1,126	1,176	1,265	1,433	1,101	1,171	1,183	1,390
TTM Cash Flow to Firm	1,071	981	976	1,135	1,131	- -	1,672	1,779	1,828	1,667	1,988	553	2,214	335	1,509
TTM Free Cash Flow to Firm	628	981	976	1,135	1,131	- -	1,672	1,779	1,828	1,667	1,988	553	2,214	335	1,509

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	- -	8.3	9.25	9.79	10.32	63.37	9.17	10.08	14.22	21.56	17.94	54.83	9.84	147.87	11.6
EV/EBIT	- -	12.91	14.03	15.77	31.19	57.31	24.92	22.63	29.56	38.65	29.9	24.37	25.24	27.4	14.08
Enterprise Value	- -	10,011	10,770	12,711	15,254	20,288	19,909	21,135	27,344	37,180	38,206	24,664	26,202	20,822	19,881
Low Price	- -	20.66	20.97	25.02	30.08	31.41	35.6	34.7	44.26	51.88	78.24	46.08	42.42	54.27	43.41
EV/Sales	- -	1.15	1.27	1.48	1.91	2.24	1.81	1.82	2.38	3.16	2.77	1.84	2.17	1.77	1.51
EV/EBITDA	- -	9.46	10.09	11.69	19.68	25.14	13.03	12.92	17.06	22.81	19.32	14.65	15.2	15.09	9.77
Price/Earnings	- -	17.47	18.65	20.5	36.03	45.59	35.55	34.03	37.87	51.74	35.36	22.7	25.75	4.2	15.96
Price/Earnings Average	- -	17	16.4	18.06	33.85	44.31	37.11	31.3	37.8	42.85	32.99	30.77	24.06	4.82	15.67
Price/Earnings High	- -	17.74	18.65	20.89	37.71	49.7	40.54	38.87	47.98	57.04	36.43	43.02	27.33	5.42	18.2
Price/Earnings Low	- -	16.12	15.04	14.74	29.4	37.81	33.34	26.35	25.89	28.93	29.05	20.28	18.89	4.14	13.05
Price/Book Value	- -	6.01	6.03	9.22	8.33	3.86	3.37	4.34	7.13	9.28	8.42	4.68	4.84	2.72	2.6
Price/Book Value Average	- -	5.85	5.31	8.12	7.82	3.75	3.52	4	7.11	7.69	7.86	6.34	4.53	3.12	2.55
Price/Book Value High	- -	6.11	6.03	9.4	8.71	4.2	3.84	4.96	9.03	10.23	8.68	8.87	5.14	3.51	2.96
Price/Book Value Low	- -	5.55	4.87	6.63	6.79	3.2	3.16	3.36	4.87	5.19	6.92	4.18	3.55	2.68	2.12
Price/Tangible Book Value	- -	-4.6	-5.25	-6.7	-9.29	-3.69	-3.85	-4.69	-6.05	-9.83	-12.53	-7.39	-10.56	26.17	234.68
Price/Tangible Book Value Average	- -	-4.47	-4.62	-5.91	-8.73	-3.58	-4.01	-4.31	-6.04	-8.14	-11.69	-10.02	-9.87	29.98	230.4
Price/Tangible Book Value High	- -	-4.67	-5.25	-6.83	-9.73	-4.02	-4.39	-5.35	-7.67	-10.83	-12.91	-14.01	-11.21	33.75	267.61
Price/Tangible Book Value Low	- -	-4.24	-4.24	-4.82	-7.58	-3.06	-3.61	-3.63	-4.14	-5.5	-10.29	-6.61	-7.75	25.74	191.98
Price/Sales	- -	0.79	0.9	1.12	1.27	1.32	1.21	1.33	1.87	2.57	2.25	1.22	1.51	1.43	1.11
Price/Sales Average	- -	0.77	0.79	0.99	1.19	1.29	1.26	1.22	1.86	2.13	2.1	1.65	1.41	1.64	1.09
Price/Sales High	- -	0.8	0.9	1.15	1.33	1.44	1.38	1.52	2.37	2.83	2.32	2.31	1.6	1.84	1.26
Price/Sales Low	- -	0.73	0.72	0.81	1.03	1.1	1.14	1.03	1.28	1.44	1.85	1.09	1.11	1.41	0.9
Price/Cash Flow	- -	8.12	9.04	9.52	10.05	62.12	9	9.87	13.85	21.14	17.64	54.21	9.77	146.55	11.53
Price/Cash Flow Average	- -	7.9	7.95	8.39	9.45	60.38	9.39	9.07	13.82	17.51	16.46	73.49	9.13	167.85	11.32
Price/Cash Flow High	- -	8.24	9.04	9.7	10.52	67.73	10.26	11.27	17.54	23.3	18.17	102.76	10.37	188.99	13.15
Price/Cash Flow Low	- -	7.49	7.29	6.85	8.2	51.52	8.44	7.64	9.47	11.82	14.49	48.44	7.17	144.15	9.43
Price/Free Cash Flow Average	- -	8.07	8.13	8.63	9.7	61.59	9.57	9.27	14.2	17.86	16.74	74.32	9.2	169.36	11.39
Price/Free Cash Flow High	- -	8.42	9.25	9.97	10.81	69.09	10.46	11.52	18.02	23.77	18.49	103.92	10.45	190.69	13.23
Price/Free Cash Flow Low	- -	7.66	7.46	7.04	8.42	52.55	8.6	7.81	9.72	12.06	14.74	48.99	7.22	145.45	9.49
EV/Sales Average	- -	1.13	1.17	1.35	1.83	2.2	1.87	1.71	2.38	2.71	2.62	2.28	2.07	1.96	1.49
EV/Sales High	- -	1.16	1.27	1.5	1.97	2.37	1.98	2	2.87	3.42	2.83	2.93	2.27	2.16	1.66
EV/Sales Low	- -	1.09	1.1	1.17	1.67	1.99	1.74	1.53	1.8	2.02	2.37	1.72	1.77	1.74	1.32
EV/EBITDA Average	- -	9.29	9.26	10.65	18.87	24.68	13.41	12.18	17.03	19.61	18.28	18.07	14.5	16.77	9.65
EV/EBITDA High	- -	9.56	10.09	11.86	20.31	26.62	14.25	14.23	20.56	24.72	19.78	23.26	15.85	18.44	10.75
EV/EBITDA Low	- -	8.97	8.75	9.23	17.21	22.34	12.49	10.85	12.91	14.59	16.56	13.62	12.38	14.9	8.51
EV/EBIT Average	- -	12.68	12.87	14.36	29.91	56.26	25.65	21.34	29.52	33.22	28.3	30.06	24.09	30.45	13.9
EV/EBIT High	- -	13.04	14.03	15.99	32.19	60.69	27.25	24.92	35.63	41.88	30.62	38.7	26.32	33.48	15.48
EV/EBIT Low	- -	12.24	12.17	12.45	27.27	50.92	23.88	19	22.37	24.72	25.63	22.67	20.55	27.05	12.27
Last Price	- -	22.39	26	34.78	36.87	37.88	37.96	44.81	64.74	92.77	95.23	51.57	57.84	55.17	53.06
High Price	- -	22.73	26	35.44	38.59	41.3	43.29	51.19	82.02	102.27	98.11	97.74	61.39	71.15	60.51
Enterprise Value Average	- -	9,829	9,878	11,578	14,624	19,916	20,493	19,930	27,302	31,960	36,163	30,425	25,003	23,142	19,624
Enterprise Value High	- -	10,113	10,770	12,891	15,739	21,483	21,775	23,272	32,954	40,293	39,131	39,168	27,322	25,446	21,857
Enterprise Value Low	- -	9,493	9,340	10,037	13,336	18,026	19,084	17,745	20,695	23,785	32,756	22,939	21,335	20,560	17,319

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	321	299	284	274	283	350	350	335	325	328	321	314	316	289	265
Diluted Weighted Avg Shares	337	316	298	285	282	323	357	352	340	333	332	320	317	308	276
Basic Weighted Avg Shares	331	309	292	277	275	317	350	345	331	326	326	316	315	305	274
Revenue per Share	26.11	28.24	29.01	30.94	29.12	28.62	31.36	33.74	34.65	36.11	42.37	42.26	38.32	38.61	47.99
EBITDA per Share	3.44	3.42	3.66	3.92	2.82	2.55	4.36	4.74	4.84	5	6.07	5.32	5.48	4.52	7.42
Operating Income per Share	2.62	2.89	3	3.32	2.92	2.53	2.92	3.27	3.55	3.88	4.4	3.48	3.72	3.87	5.07
Basic EPS, GAAP	1.34	1.28	1.39	1.7	1.02	0.83	1.07	1.32	1.71	1.79	2.69	2.27	2.25	13.12	3.33
Basic EPS from Cont Ops	1.42	1.36	1.49	1.8	1.1	0.84	1.08	1.31	1.62	1.78	2.69	1.84	1.55	1.41	3.34
Diluted EPS, GAAP	1.32	1.25	1.36	1.65	1	0.81	1.05	1.29	1.66	1.76	2.65	2.25	2.23	13	3.3
Diluted EPS from Cont Ops	1.39	1.34	1.46	1.75	1.07	0.82	1.06	1.29	1.58	1.75	2.65	1.82	1.54	1.4	3.32
Dividend per Share	0.14	0.2	0.26	0.26	0.26	0.26	0.37	0.4	0.55	0.61	0.7	0.8	0.8	0.8	0.8
Cash Flow per Share	2.87	2.76	2.87	3.65	3.67	0.61	4.22	4.54	4.68	4.39	5.4	0.95	5.92	0.38	4.6
Free Cash Flow per Basic Share	1.53	2.76	2.87	3.65	3.67	0.61	4.22	4.54	4.68	4.39	5.4	0.95	5.92	0.38	4.6
Cash & Equivalents per Share	0.52	0.58	1.46	0.7	0.79	1.71	1.28	2.15	5.54	4.17	1.75	1.74	2.2	3.06	4.57
Book Value per Share	3.8	3.72	4.31	3.77	4.43	9.82	11.26	10.31	9.08	10	11.3	11.02	11.94	20.26	20.43
Tangible Book Value per Share	-3.91	-4.87	-4.95	-5.19	-3.97	-10.28	-9.87	-9.56	-10.7	-9.44	-7.6	-6.98	-5.48	2.11	0.23