BXP, Inc. Financial Ratios — BO9 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 (%)	5.9	5.81	13.95	7.85	10.4	9.05	8.07	10.13	9.15	15.27	8.52	14.17	3.16	0.25	5.23
Return on Assets (%)	1.94	1.92	4.21	2.21	3.05	2.76	2.42	2.94	2.51	3.95	2.23	3.65	0.76	0.05	1.06
Return on Capital (%)	4.64	4.59	6.67	4.47	4.55	4.99	4.08	4.42	4.07	5.5	3.71	5.01	2.79	2.37	3.29
Return on Invested Capital (%)	4.51	4.47	4.1	4.39	4.84	4.75	5.03	4.77	5.03	4.3	4.27	4.81	4.32	4.05	3.69
Gross Margin (%)	65.24	63.88	63.88	63.93	63.69	63.88	63.03	62.72	63.38	62.75	64.2	63.47	62.85	61.2	60.64
EBITDA Margin (%)	60.62	59.24	58.23	59.67	59.78	59.6	58.63	56.78	56.48	57.54	56.9	58.57	57.04	55.64	52.71
Operating Margin (%)	35.24	34.86	32.22	33.58	34.15	32.54	34.93	34.12	35.39	32.79	33.69	34.15	31.73	29.99	29.13
Incremental Operating Margin (%)	1.34	29.6	15.33	44.67	48.67	- -	153.78	15.93	49.5	72.23	53.87	40.17	- -	- -	- -
Pretax Margin (%)	17.58	15.45	32.95	14.94	17.02	22.34	21.62	26.23	22.02	36.83	21.88	32.83	8.9	2.47	11.03
Profit Margin (%)	15.83	15.68	35.11	18.51	23.41	20.1	17.77	21.45	17.62	31.56	17.49	27.31	5.81	0.42	7.95
Net Income to Common Margin (%)	15.83	15.68	34.73	18.07	22.99	19.69	17.37	21.06	17.26	31.18	17.18	27.31	5.81	0.42	7.95
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dvd Payout Ratio (%)	96.66	113.71	56.28	192.98	192.87	107.21	79.15	69.38	84.95	58.78	90.01	57.46	175.18	447.67	130.93
Sustainable Growth Rate (%)	0.2	-0.8	6.1	-7.3	-9.66	-0.65	1.68	3.1	1.38	6.29	0.85	6.03	-2.38	-0.88	-1.62

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	8,704	8,912	11,522	10,087	9,189	9,796	10,272	11,008	12,236	13,486	13,346	14,694	16,625	16,984	17,359
ST Debt	- -	- -	- -	- -	- -	- -	45	- -	- -	- -	145	- -	- -	500	750
LT Debt	8,704	8,912	11,522	10,087	9,189	9,796	10,227	11,008	12,236	13,486	13,201	14,694	16,625	16,484	16,609
Total Debt/EBITDA	8.33	8.14	9.27	7.05	6.17	6.44	6.73	7.13	7.32	8.47	8.12	8.07	8.9	8.96	9.46
Net Debt/EBITDA	6.59	7.19	7.36	5.82	5.69	6.21	6.45	6.78	6.68	7.15	7.57	7.44	7.67	7.89	8.24
Total Debt/EBIT	14.38	13.92	16.99	12.58	10.82	11.86	11.31	12.27	12.33	14.9	14.46	13.75	16.07	16.87	18.81
Net Debt/EBIT	11.37	12.29	13.5	10.38	9.97	11.43	10.83	11.66	11.26	12.57	13.48	12.68	13.85	14.87	16.39
EBITDA to Interest Expense	2.67	2.66	2.78	3.14	3.44	3.68	4.07	4.08	4.05	3.69	3.88	4.17	3.22	2.94	2.81
EBITDA-CapEx/Interest Expense	1.53	2.66	2.78	3.14	3.44	3.68	4.07	4.08	4.05	3.69	3.88	4.17	3.22	2.94	2.81
EBIT to Interest Expense	1.55	1.57	1.54	1.77	1.97	2.01	2.43	2.45	2.54	2.1	2.3	2.43	1.79	1.58	1.55
Interest Expense	392	411	447	456	432	413	374	378	413	432	423	437	580	645	653
Common Equity/Total Assets	32.92	32.96	27.46	27.64	30.02	29.63	28.98	28.06	25.81	25.39	26.13	25.36	22.61	20.79	19.7
Long-Term Debt/Equity (%)	160.79	158.17	163.57	127.64	116.5	123.5	126.22	134.01	152.52	161.58	164.13	175.55	202.93	207.41	215.92
Long-Term Debt/Capital (%)	61.65	61.27	62.06	56.07	53.81	55.26	55.66	57.27	60.4	61.77	61.72	63.71	66.99	66.12	66.3
Long-Term Debt/Total Assets (%)	58.88	57.64	57.1	50.72	50.07	51.96	52.79	54.34	57.49	59	59.02	60.7	63.88	63.19	63.47
Total Debt/Equity (%)	160.79	158.17	163.57	127.64	116.5	123.5	126.77	134.01	152.52	161.58	165.93	175.55	202.93	213.7	225.67
Total Debt/Capital (%)	61.65	61.27	62.06	56.07	53.81	55.26	55.9	57.27	60.4	61.77	62.4	63.71	66.99	68.12	69.29
Total Debt/Total Assets (%)	58.88	57.64	57.1	50.72	50.07	51.96	53.02	54.34	57.49	59	59.67	60.7	63.88	65.11	66.34
Net Debt to Equity	127.11	139.67	130	105.33	107.33	119	121.41	127.4	139.19	136.33	154.72	161.88	174.86	188.3	196.71
Net Debt/Capital (%)	55.97	58.28	56.52	51.3	51.77	54.34	54.83	56.02	56.93	56.43	59.44	60.56	61.52	63.21	64.19
EBITDA	1,044	1,094	1,244	1,430	1,489	1,520	1,526	1,543	1,672	1,591	1,644	1,821	1,867	1,896	1,835
EBITDA-CapEx	598	1,094	1,244	1,430	1,489	1,520	1,526	1,543	1,672	1,591	1,644	1,821	1,867	1,896	1,835
Operating Income (Loss)	607	644	688	805	851	830	909	927	1,048	907	973	1,061	1,039	1,022	1,014

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	5.8	2.73	2.73	1.37	0.91	0.53	0.73	1.02	1.01	2.72	0.62	1	2.01	1.04	1
Current Ratio	8.97	5.63	3.61	2.32	2.08	1.95	2.44	3.31	3.04	4.91	2.58	3.16	4.19	2.51	2.21
Quick Ratio	8.87	5.49	3.55	1.94	1.99	1.86	2.32	3.13	2.96	4.83	2.52	3.09	4.08	2.44	2.14
CFO/Avg Current Liab	1.95	1.84	1.25	0.65	0.77	1.41	1.43	2.04	2.02	1.85	1.69	1.8	1.79	1.26	0.93
Common Equity/Total Assets	32.92	32.96	27.46	27.64	30.02	29.63	28.98	28.06	25.81	25.39	26.13	25.36	22.61	20.79	19.7
Long-Term Debt/Equity (%)	160.79	158.17	163.57	127.64	116.5	123.5	126.22	134.01	152.52	161.58	164.13	175.55	202.93	207.41	215.92
Long-Term Debt/Capital (%)	61.65	61.27	62.06	56.07	53.81	55.26	55.66	57.27	60.4	61.77	61.72	63.71	66.99	66.12	66.3
Long-Term Debt/Total Assets (%)	58.88	57.64	57.1	50.72	50.07	51.96	52.79	54.34	57.49	59	59.02	60.7	63.88	63.19	63.47
Total Debt/Equity (%)	160.79	158.17	163.57	127.64	116.5	123.5	126.77	134.01	152.52	161.58	165.93	175.55	202.93	213.7	225.67
Total Debt/Capital (%)	61.65	61.27	62.06	56.07	53.81	55.26	55.9	57.27	60.4	61.77	62.4	63.71	66.99	68.12	69.29
Total Debt/Total Assets (%)	58.88	57.64	57.1	50.72	50.07	51.96	53.02	54.34	57.49	59	59.67	60.7	63.88	65.11	66.34
CFO/Total Liabilities	6.47	6.54	5.92	5.8	7.64	9.47	8.09	9.55	8.91	7.97	7.91	8.1	7.3	6.81	6.74
CFO/CapEx	1.36	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	1.36	1.03	1.3	1.43	1.32	1.35	1.17	1.29	0.95	1.05	0.73	0.7	0.65	0.61

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	24.14	24.73	33.1	45.2	34.48	26.79	28.17	30.39	29.69	29.08	39.14	41.02	32.13	29.65	34.81
Days Sales Outstanding	15.12	14.76	11.03	8.08	10.58	13.62	12.96	12.01	12.29	12.55	9.33	8.9	11.36	12.31	10.49
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	- -	15,977	15,041	19,861	19,903	19,038	19,940	17,272	21,328	14,560	18,089	10,573	11,271	11,665	10,928
- Cash & Cash Equivalents	1,823	1,042	2,365	1,763	724	357	435	543	645	1,669	453	690	1,531	1,255	1,478
+ Preferred Equity and Hybrid Capital	- -	- -	200	200	200	200	200	200	200	200	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	548	538	1,302	2,206	2,177	2,146	2,288	2,331	2,330	2,344	2,199	2,231	2,307	2,525	2,538
+ Total Debt	8,704	8,912	11,522	10,087	9,189	9,796	10,272	11,008	12,236	13,486	13,346	14,694	16,625	16,984	17,359
Enterprise Value	- -	24,385	25,700	30,590	30,746	30,823	32,266	30,267	35,448	28,921	33,182	26,808	28,672	29,919	29,346
Total Capital	14,118	14,547	18,565	17,990	17,075	17,728	18,374	19,222	20,259	21,832	21,388	23,065	24,817	24,932	25,051
Total Debt/Capital (%)	61.65	61.27	62.06	56.07	53.81	55.26	55.9	57.27	60.4	61.77	62.4	63.71	66.99	68.12	69.29
Total Debt / EV	- -	0.37	0.45	0.33	0.3	0.32	0.32	0.36	0.35	0.47	0.4	0.55	0.58	0.57	0.59
EV/Sales	- -	13.2	12.03	12.76	12.34	12.08	12.4	11.14	11.97	10.46	11.49	8.62	8.76	8.78	8.43
EV/EBITDA	- -	22.28	20.67	21.39	20.65	20.28	21.15	19.62	21.2	18.17	20.19	14.72	15.36	15.78	15.99
EV/EBIT	- -	38.08	37.9	38.15	36.2	37.33	35.53	33.74	35.73	31.95	35.96	25.09	27.72	29.72	31.79
EV/Cash Flow to Firm	- -	23.14	20.98	26.57	24.96	21.3	25.08	19.8	22.24	18.21	21.32	15.59	15.24	15.92	15.46
EV/Free Cash Flow to Firm	- -	23.14	20.98	26.57	24.96	21.3	25.08	19.8	22.24	18.21	21.32	15.59	15.24	15.92	15.46
Diluted Market Cap	- -	15,883	14,996	19,886	19,937	19,061	19,949	17,297	21,340	14,542	18,080	10,599	11,290	11,637	10,950
Diluted Enterprise Value	- -	24,292	25,655	30,615	30,780	30,846	32,274	30,292	35,461	28,902	33,172	26,833	28,690	29,891	29,368
EV per Share	- -	160.85	167.99	199.79	200.19	200.42	209.08	195.96	229.01	185.73	211.96	171.02	182.69	189.15	185.09
TTM Sales	1,723	1,847	2,136	2,397	2,491	2,551	2,602	2,717	2,961	2,766	2,889	3,109	3,274	3,408	3,482
TTM EBITDA	1,044	1,094	1,244	1,430	1,489	1,520	1,526	1,543	1,672	1,591	1,644	1,821	1,867	1,896	1,835
TTM Operating Income	607	644	688	805	851	830	909	927	1,048	907	973	1,061	1,039	1,022	1,014
TTM Cash Flow to Firm	998	1,054	1,225	1,151	1,232	1,447	1,286	1,528	1,594	1,589	1,557	1,720	1,881	1,880	1,898
TTM Free Cash Flow to Firm	552	1,054	1,225	1,151	1,232	1,447	1,286	1,528	1,594	1,589	1,557	1,720	1,881	1,880	1,898

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	- -	24.7	19.28	28.59	24.94	18.42	21.87	15.04	18.07	12.57	15.95	8.26	8.67	9.43	8.79
EV/EBIT	- -	38.08	37.9	38.15	36.2	37.33	35.53	33.74	35.73	31.95	35.96	25.09	27.72	29.72	31.79
Enterprise Value	- -	24,385	25,700	30,590	30,746	30,823	32,266	30,267	35,448	28,921	33,182	26,808	28,672	29,919	29,346
Low Price	- -	100.13	98.08	102.55	109.93	108.11	117.76	111.35	109.14	70.65	89.35	65.02	47	56.87	54.12
EV/Sales	- -	13.2	12.03	12.76	12.34	12.08	12.4	11.14	11.97	10.46	11.49	8.62	8.76	8.78	8.43
EV/EBITDA	- -	22.28	20.67	21.39	20.65	20.28	21.15	19.62	21.2	18.17	20.19	14.72	15.36	15.78	15.99
Price/Earnings	- -	54.62	20.17	45.85	34.73	37.88	44.08	30.17	41.68	16.86	36.36	12.45	59.23	813.66	39.42
Price/Earnings Average	- -	54.84	21.92	42	34.67	39.05	43.11	33.21	39.92	17.94	34.7	17.88	49.61	772.98	39.89
Price/Earnings High	- -	57.76	23.51	48.18	38.97	43.93	47.71	35.74	42.51	26.66	39.32	24.58	65.3	990.36	45.17
Price/Earnings Low	- -	51.89	20.12	36.25	29.46	33.08	40.18	30.04	33.01	12.74	28.11	12	38.76	627.45	30.96
Price/Book Value	- -	3.13	2.71	3.61	3.61	3.41	3.55	3.04	3.88	2.51	3.1	1.72	1.92	2.15	2.12
Price/Book Value Average	- -	3.15	2.95	3.31	3.61	3.51	3.47	3.35	3.72	2.67	2.95	2.47	1.6	2.04	2.14
Price/Book Value High	- -	3.31	3.16	3.8	4.05	3.95	3.84	3.6	3.96	3.97	3.35	3.4	2.11	2.62	2.43
Price/Book Value Low	- -	2.98	2.71	2.86	3.06	2.98	3.24	3.03	3.08	1.9	2.39	1.66	1.25	1.66	1.66
Price/Tangible Book Value	- -	3.13	2.71	3.61	3.61	3.41	3.55	3.04	3.88	2.51	3.1	1.72	1.92	2.15	2.12
Price/Tangible Book Value Average	- -	3.15	2.95	3.31	3.61	3.51	3.47	3.35	3.72	2.67	2.95	2.47	1.6	2.04	2.14
Price/Tangible Book Value High	- -	3.31	3.16	3.8	4.05	3.95	3.84	3.6	3.96	3.97	3.35	3.4	2.11	2.62	2.43
Price/Tangible Book Value Low	- -	2.98	2.71	2.86	3.06	2.98	3.24	3.03	3.08	1.9	2.39	1.66	1.25	1.66	1.66
Price/Sales	- -	8.57	7.01	8.28	7.98	7.46	7.66	6.36	7.19	5.25	6.25	3.4	3.44	3.41	3.13
Price/Sales Average	- -	8.6	7.61	7.59	7.97	7.69	7.49	7	6.89	5.59	5.96	4.88	2.88	3.24	3.17
Price/Sales High	- -	9.06	8.17	8.71	8.96	8.65	8.29	7.53	7.34	8.31	6.76	6.71	3.79	4.15	3.59
Price/Sales Low	- -	8.14	6.99	6.55	6.77	6.51	6.98	6.33	5.7	3.97	4.83	3.28	2.25	2.63	2.46
Price/Cash Flow	- -	24.61	19.24	28.55	24.88	18.39	21.85	15.01	18.03	12.56	15.92	8.24	8.66	9.41	8.76
Price/Cash Flow Average	- -	24.71	20.9	26.15	24.83	18.96	21.37	16.52	17.27	13.37	15.19	11.84	7.25	8.94	8.87
Price/Cash Flow High	- -	26.02	22.42	30	27.91	21.33	23.64	17.79	18.39	19.87	17.22	16.27	9.54	11.45	10.04
Price/Cash Flow Low	- -	23.38	19.19	22.57	21.11	16.06	19.91	14.95	14.28	9.49	12.31	7.95	5.66	7.25	6.88
Price/Free Cash Flow Average	- -	24.8	20.94	26.19	24.89	18.99	21.39	16.55	17.31	13.38	15.23	11.87	7.27	8.95	8.9
Price/Free Cash Flow High	- -	26.12	22.46	30.05	27.98	21.37	23.67	17.81	18.43	19.88	17.26	16.31	9.56	11.47	10.08
Price/Free Cash Flow Low	- -	23.47	19.23	22.6	21.16	16.09	19.94	14.97	14.31	9.5	12.34	7.97	5.68	7.27	6.9
EV/Sales Average	- -	13.24	12.64	12.07	12.33	12.31	12.23	11.78	11.67	10.8	11.2	10.11	8.2	8.61	8.46
EV/Sales High	- -	13.7	13.2	13.18	13.32	13.28	13.03	12.31	12.12	13.52	12	11.94	9.11	9.52	8.88
EV/Sales Low	- -	12.77	12.02	11.03	11.13	11.14	11.72	11.11	10.48	9.17	10.07	8.5	7.57	8	7.75
EV/EBITDA Average	- -	22.34	21.71	20.22	20.62	20.66	20.86	20.74	20.66	18.76	19.68	17.25	14.38	15.47	16.06
EV/EBITDA High	- -	23.12	22.67	22.09	22.28	22.28	22.22	21.69	21.45	23.49	21.09	20.38	15.98	17.11	16.86
EV/EBITDA Low	- -	21.55	20.64	18.48	18.62	18.69	19.99	19.57	18.55	15.94	17.69	14.51	13.27	14.37	14.71
EV/EBIT Average	- -	38.18	39.82	36.07	36.15	38.04	35.05	35.67	34.83	32.98	35.06	29.4	25.95	29.14	31.93
EV/EBIT High	- -	39.51	41.57	39.41	39.05	41.01	37.34	37.29	36.16	41.3	37.55	34.72	28.84	32.24	33.52
EV/EBIT Low	- -	36.84	37.84	32.96	32.64	34.4	33.58	33.65	31.26	28.02	31.51	24.73	23.95	27.07	29.25
Last Price	- -	105.39	98.32	129.71	129.6	123.79	129.21	111.82	137.78	93.5	115.55	67.45	71.82	73.75	68.92
High Price	- -	111.44	114.57	136.32	145.39	143.56	139.84	132.48	140.55	147.87	124.98	133.13	79.19	89.76	78.97
Enterprise Value Average	- -	24,450	27,002	28,921	30,708	31,409	31,827	32,006	34,549	29,857	32,356	31,417	26,841	29,336	29,475
Enterprise Value High	- -	25,302	28,186	31,602	33,171	33,863	33,906	33,457	35,876	37,387	34,658	37,104	29,828	32,452	30,939
Enterprise Value Low	- -	23,588	25,663	26,431	27,726	28,410	30,499	30,195	31,015	25,363	29,080	26,427	24,776	27,249	26,998

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	148	152	153	153	154	154	154	154	155	156	157	157	157	158	159
Diluted Weighted Avg Shares	146	151	153	153	154	154	154	155	155	156	156	157	157	158	159
Basic Weighted Avg Shares	146	150	152	153	153	154	154	154	155	155	156	157	157	157	158
Revenue per Share	11.82	12.3	14.03	15.66	16.23	16.59	16.88	17.59	19.15	17.79	18.5	19.83	20.87	21.64	21.99
EBITDA per Share	7.17	7.29	8.17	9.34	9.7	9.89	9.89	9.99	10.82	10.24	10.53	11.62	11.9	12.04	11.59
Operating Income per Share	4.17	4.29	4.52	5.26	5.54	5.4	5.89	6	6.78	5.83	6.23	6.77	6.62	6.49	6.41
Basic EPS, GAAP	1.87	1.93	4.87	2.83	3.73	3.27	2.93	3.71	3.31	5.55	3.18	5.42	1.21	0.09	1.75
Basic EPS from Cont Ops	2.08	1.9	4.62	2.34	2.76	3.71	3.65	4.61	4.22	6.55	4.05	6.51	1.86	0.53	2.43
Diluted EPS, GAAP	1.86	1.92	4.86	2.83	3.72	3.26	2.93	3.7	3.3	5.54	3.17	5.4	1.21	0.09	1.74
Diluted EPS from Cont Ops	2.07	1.89	4.61	2.34	2.76	3.7	3.64	4.61	4.21	6.55	4.04	6.49	1.85	0.53	2.42
Dividend per Share	2.28	2.48	2.96	5.49	7.99	4.37	3.42	3.81	4.31	4.43	4.38	4.37	4.38	4.38	4.06
Cash Flow per Share	4.16	4.28	5.11	4.54	5.21	6.73	5.91	7.45	7.64	7.44	7.26	8.18	8.3	7.84	7.86
Free Cash Flow per Basic Share	1.1	4.28	5.11	4.54	5.21	6.73	5.91	7.45	7.64	7.44	7.26	8.18	8.3	7.84	7.86
Cash & Equivalents per Share	12.37	6.87	15.46	11.51	4.71	2.32	2.82	3.52	4.17	10.72	2.89	4.4	9.76	7.93	9.32
Book Value per Share	32.85	33.62	36.22	35.9	35.87	36.32	36.38	36.79	35.49	37.27	37.33	39.17	37.5	34.28	32.51
Tangible Book Value per Share	32.85	33.62	36.22	35.9	35.87	36.32	36.38	36.79	35.49	37.27	37.33	39.17	37.5	34.28	32.51