Royal Caribbean Cruises Ltd. Financial Ratios — RC8 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 (%)	7.43	0.22	5.53	8.94	8.15	14.94	16.4	16.61	16.15	-55.41	-75.98	-54.21	44.7	46.83	48.5
Return on Assets (%)	3.08	0.09	2.37	3.75	3.21	5.96	7.28	7.24	6.48	-18.47	-16.25	-6.53	4.93	7.97	10.85
Return on Capital (%)	5.82	2.22	4.79	6.08	5.66	9.06	10.48	10.52	9.63	- -	- -	- -	11.46	15.92	17.16
Return on Invested Capital (%)	5.48	2.39	4.74	5.6	5.25	8.42	9.49	9.32	8.88	- -	- -	- -	10.65	14.54	15.84
Gross Margin (%)	34.42	32.92	33.35	34.28	38.55	40.97	44.22	44.57	44.64	-25.19	-78.79	25.16	44.06	47.52	49.35
EBITDA Margin (%)	21.68	14.75	19.51	21.23	20.51	27.92	30.71	30.85	30.4	-150.41	-168.21	7.25	31.17	34.61	36.96
Operating Margin (%)	12.36	10.26	10.74	11.72	15.5	17.39	19.87	19.96	19.02	-137.41	-252.61	-8.67	20.71	24.92	27.38
Incremental Operating Margin (%)	16.44	- -	24.47	79.92	150.96	96.81	94.81	21.05	12.9	58.54	123.35	42.47	72.02	47.58	55.35
Pretax Margin (%)	8.06	0.24	5.95	9.46	8.02	15.11	18.51	19.13	17.42	-261.46	-343.34	-24.39	12.3	17.85	24.38
Profit Margin (%)	8.06	0.24	5.95	9.46	8.02	15.11	18.51	19.08	17.16	-262.47	-343.34	-24.39	12.21	17.45	23.8
Net Income to Common Margin (%)	8.06	0.24	5.95	9.46	8.02	15.11	18.51	19.08	17.16	-262.47	-343.34	-24.39	12.21	17.45	23.8
Effective Tax Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.35	1.56	1.88
Dvd Payout Ratio (%)	3.57	643.66	30.32	26.04	42.09	27	26.92	28.97	31.12	-5.67	- -	- -	- -	3.67	19.1
Sustainable Growth Rate (%)	7.16	-1.19	3.86	6.61	4.72	10.9	11.98	11.8	11.12	-58.56	-75.98	-54.21	44.7	45.11	39.24

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	8,496	8,490	8,075	8,444	8,527	9,387	7,539	10,778	11,733	19,996	21,694	23,994	22,130	20,820	22,035
ST Debt	639	1,519	1,563	800	900	1,286	1,189	2,422	2,718	1,474	2,312	2,168	1,785	1,677	3,270
LT Debt	7,857	6,970	6,511	7,644	7,628	8,102	6,351	8,355	9,016	18,522	19,382	21,826	20,345	19,143	18,765
Total Debt/EBITDA	5.2	7.49	5.2	4.93	5.01	3.96	2.8	3.68	3.53	-6.02	-8.42	37.43	5.11	3.65	3.32
Net Debt/EBITDA	5.04	7.32	5.07	4.82	4.94	3.9	2.75	3.58	3.24	-4.71	-7.14	33.47	4.84	3.45	3.1
Total Debt/EBIT	9.12	21.06	10.12	8.97	9.75	6.35	4.32	5.69	5.63	-4.35	-5.61	-31.32	7.69	5.07	4.49
Net Debt/EBIT	8.84	20.58	9.86	8.76	9.61	6.27	4.25	5.54	5.18	-3.4	-4.75	-28.01	7.28	4.79	4.18
EBITDA to Interest Expense	4.27	3.19	4.67	6.64	6.13	7.72	8.98	8.78	8.15	-3.94	-1.99	0.47	3.09	3.59	6.68
EBITDA-CapEx/Interest Expense	1.2	-0.44	2.37	-0.38	0.32	-0.4	7.1	-2.19	0.74	-6.26	-3.72	-1.52	0.31	1.53	1.41
EBIT to Interest Expense	2.44	2.22	2.57	3.66	4.63	4.81	5.81	5.68	5.1	-3.6	-3	-0.56	2.05	2.58	4.95
Interest Expense	382	356	332	258	278	307	300	334	409	844	1,292	1,364	1,402	1,590	992
Common Equity/Total Assets	42.45	41.9	43.88	40	38.8	40.88	47.86	40.09	40.12	26.98	15.77	8.49	13.45	20.4	24.12
Long-Term Debt/Equity (%)	93.45	83.89	73.92	92.27	94.6	88.82	59.34	71.74	70.8	211.42	381.12	760.75	415.29	247.49	183.16
Long-Term Debt/Capital (%)	46.48	41.49	38.57	45.7	45.98	43.77	34.82	37.26	36.85	64.41	72.38	81.25	75.27	67.04	58.13
Long-Term Debt/Total Assets (%)	39.67	35.15	32.44	36.91	36.7	36.31	28.4	30.17	29.74	57.05	60.08	64.62	57.91	51.64	45.09
Total Debt/Equity (%)	101.05	102.18	91.67	101.93	105.76	102.92	70.45	92.53	92.14	228.24	426.58	836.32	451.72	269.17	215.08
Total Debt/Capital (%)	50.26	50.54	47.83	50.48	51.4	50.72	41.33	48.06	47.96	69.53	81.01	89.32	81.88	72.91	68.26
Total Debt/Total Assets (%)	42.9	42.82	40.23	40.77	41.03	42.08	33.72	38.91	38.7	61.59	67.25	71.04	62.99	56.16	52.94
Net Debt to Equity	97.93	99.84	89.35	99.64	104.25	101.46	69.32	90.06	84.74	178.58	361.58	747.86	427.74	254.53	200.29
Net Debt/Capital (%)	49.48	49.96	47.19	49.91	51.04	50.36	40.94	47.39	44.55	62.4	76.37	86.07	78.98	69.9	65.24
EBITDA	1,634	1,134	1,553	1,714	1,702	2,372	2,695	2,928	3,329	-3,322	-2,577	641	4,333	5,706	6,628
EBITDA-CapEx	460	-158	789	-97	89	-122	2,131	-732	304	-5,287	-4,807	-2,069	436	2,438	1,399
Operating Income (Loss)	932	789	855	946	1,286	1,477	1,744	1,895	2,083	-3,035	-3,870	-766	2,878	4,108	4,910

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	0.05	0.05	0.05	0.03	0.03	0.02	0.04	0.03	0.81	0.37	0.23	0.05	0.04	0.07
Current Ratio	0.32	0.22	0.22	0.21	0.19	0.17	0.19	0.17	0.15	0.95	0.49	0.37	0.19	0.17	0.18
Quick Ratio	0.18	0.12	0.11	0.12	0.08	0.1	0.09	0.09	0.07	0.87	0.43	0.29	0.1	0.08	0.09
CFO/Avg Current Liab	0.45	0.39	0.34	0.43	0.48	0.58	0.62	0.58	0.49	-0.6	-0.32	0.06	0.5	0.55	0.59
Common Equity/Total Assets	42.45	41.9	43.88	40	38.8	40.88	47.86	40.09	40.12	26.98	15.77	8.49	13.45	20.4	24.12
Long-Term Debt/Equity (%)	93.45	83.89	73.92	92.27	94.6	88.82	59.34	71.74	70.8	211.42	381.12	760.75	415.29	247.49	183.16
Long-Term Debt/Capital (%)	46.48	41.49	38.57	45.7	45.98	43.77	34.82	37.26	36.85	64.41	72.38	81.25	75.27	67.04	58.13
Long-Term Debt/Total Assets (%)	39.67	35.15	32.44	36.91	36.7	36.31	28.4	30.17	29.74	57.05	60.08	64.62	57.91	51.64	45.09
Total Debt/Equity (%)	101.05	102.18	91.67	101.93	105.76	102.92	70.45	92.53	92.14	228.24	426.58	836.32	451.72	269.17	215.08
Total Debt/Capital (%)	50.26	50.54	47.83	50.48	51.4	50.72	41.33	48.06	47.96	69.53	81.01	89.32	81.88	72.91	68.26
Total Debt/Total Assets (%)	42.9	42.82	40.23	40.77	41.03	42.08	33.72	38.91	38.7	61.59	67.25	71.04	62.99	56.16	52.94
CFO/Total Liabilities	12.77	12	12.54	14.03	15.3	19.08	24.66	21.68	21.13	-15.74	-6.91	1.56	14.81	17.95	20.61
CFO/CapEx	1.24	1.07	1.85	0.96	1.21	1.01	5.1	0.95	1.23	-1.9	-0.84	0.18	1.15	1.61	1.24
Altman's Z-Score	- -	1.13	1.32	1.71	1.94	1.72	2.35	1.64	1.86	0.43	-0.05	0.17	1.07	1.93	2.21

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	26.96	26.79	29.42	30.99	33.17	32.01	28.75	29.52	34.75	7.49	4.43	18.83	29.7	42.49	52.13
Days Sales Outstanding	13.54	13.62	12.41	11.78	11	11.4	12.69	12.36	10.5	48.75	82.46	19.39	12.29	8.59	7
Inventory Turnover	36.43	35.46	35.66	38.63	41.66	42.61	43.43	39.72	38.41	19.69	20.37	35.36	32.94	33.73	34.34
Days Inventory Outstanding	10.02	10.29	10.24	9.45	8.76	8.57	8.4	9.19	9.5	18.53	17.92	10.32	11.08	10.82	10.63
Accounts Payable Turnover	17.92	15.72	14.67	15	16.09	16.49	14.71	12.51	11.54	5.94	6.16	11.22	10.84	10.13	9.7
Accounts Payable Turnover Days	20.37	23.21	24.88	24.33	22.68	22.13	24.81	29.19	31.62	61.5	59.25	32.54	33.67	36.02	37.62
Cash Conversion Cycle	3.19	0.7	-2.23	-3.1	-2.92	-2.16	-3.72	-7.63	-11.61	5.78	41.13	-2.84	-10.3	-16.61	-19.99
Inventory to Cash Days	3.52	3.33	2.17	2.33	2.24	2.84	4.29	3.17	1	30.21	64.54	9.06	1.21	-2.23	-3.63
Inventories	145	146	151	123	121	114	111	154	162	119	150	224	248	265	264
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	145	146	151	123	121	114	111	154	162	119	150	224	248	265	264

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	- -	7,303	10,169	18,297	22,394	17,869	25,934	20,053	27,935	17,298	19,957	12,666	33,125	61,868	76,563
- Cash & Cash Equivalents	262	195	205	189	122	133	120	288	244	3,684	2,702	1,935	497	388	825
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	542	570	- -	- -	- -	175	172	208
+ Total Debt	8,496	8,490	8,075	8,444	8,527	9,387	7,539	10,778	11,733	19,996	21,694	23,994	22,130	20,820	22,035
Enterprise Value	- -	15,598	18,039	26,552	30,800	27,124	33,353	31,085	39,994	33,609	38,949	34,725	54,933	82,472	97,981
Total Capital	16,904	16,799	16,883	16,728	16,590	18,509	18,242	22,425	24,467	28,756	26,780	26,863	27,029	28,555	32,280
Total Debt/Capital (%)	50.26	50.54	47.83	50.48	51.4	50.72	41.33	48.06	47.96	69.53	81.01	89.32	81.88	72.91	68.26
Total Debt / EV	- -	0.54	0.45	0.32	0.28	0.35	0.23	0.35	0.29	0.59	0.56	0.69	0.4	0.25	0.22
EV/Sales	- -	2.03	2.27	3.29	3.71	3.19	3.8	3.27	3.65	15.22	25.42	3.93	3.95	5	5.46
EV/EBITDA	- -	13.76	11.62	15.49	18.1	11.43	12.37	10.61	12.02	- -	- -	54.17	12.68	14.45	14.78
EV/EBIT	- -	38.69	22.6	28.19	35.2	18.36	19.12	16.41	19.2	- -	- -	- -	19.09	20.09	19.96
EV/Cash Flow to Firm	- -	8.98	10.34	13.26	13.85	9.6	10.51	8.15	9.7	- -	- -	- -	9.35	12.07	13.17
EV/Free Cash Flow to Firm	- -	34.97	18.39	139.26	50.43	82.27	12.78	203.46	36.35	- -	- -	- -	27.78	23.15	44.35
Diluted Market Cap	- -	7,326	10,191	18,610	22,671	18,013	26,221	20,296	28,086	15,617	19,721	12,655	36,558	64,192	77,576
Diluted Enterprise Value	- -	15,621	18,061	26,864	31,077	27,268	33,640	31,328	40,145	31,928	38,714	34,714	58,366	84,796	98,994
EV per Share	- -	71.1	81.59	120.74	140.9	126.05	155.91	148.31	191.01	141.18	152.43	135.67	213.63	305.85	361.32
TTM Sales	7,537	7,688	7,960	8,074	8,299	8,496	8,778	9,494	10,951	2,209	1,532	8,840	13,900	16,485	17,934
TTM EBITDA	1,634	1,134	1,553	1,714	1,702	2,372	2,695	2,928	3,329	-3,322	-2,577	641	4,333	5,706	6,628
TTM Operating Income	932	789	855	946	1,286	1,477	1,744	1,895	2,083	-3,035	-3,870	-766	2,878	4,108	4,910
TTM Cash Flow to Firm	1,838	1,738	1,744	2,002	2,224	2,824	3,175	3,813	4,125	- -	- -	- -	5,874	6,830	7,438
TTM Free Cash Flow to Firm	665	446	981	191	611	330	2,610	153	1,100	- -	- -	- -	1,977	3,562	2,209

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	- -	81.18	15.72	-275.13	68.08	806.77	11.35	-112.2	40.6	-2.74	-4.8	-5.68	63.03	32.14	62.76
EV/EBIT	- -	38.69	22.6	28.19	35.2	18.36	19.12	16.41	19.2	- -	- -	- -	19.09	20.09	19.96
Enterprise Value	- -	15,598	18,039	26,552	30,800	27,124	33,353	31,085	39,994	33,609	38,949	34,725	54,933	82,472	97,981
Low Price	- -	30.19	31.74	45.85	65.56	65.1	81.14	91.18	92.53	19.59	64.26	31.2	48.7	113.18	161.07
EV/Sales	- -	2.03	2.27	3.29	3.71	3.19	3.8	3.27	3.65	15.22	25.42	3.93	3.95	5	5.46
EV/EBITDA	- -	13.76	11.62	15.49	18.1	11.43	12.37	10.61	12.02	- -	- -	54.17	12.68	14.45	14.78
Price/Earnings	- -	397.8	21.39	24.2	33.87	13.98	16.05	11.15	14.91	- -	- -	- -	19.49	20.87	17.98
Price/Earnings Average	- -	399.23	17.12	17.75	27.99	12.78	14.57	13.52	12.89	- -	- -	- -	13.11	14.81	17.46
Price/Earnings High	- -	425.9	21.52	24.31	33.95	16.94	17.5	15.74	15.11	- -	- -	- -	19.79	23.58	23.43
Price/Earnings Low	- -	360.83	14.76	13.34	21.68	10.96	10.74	10.63	10.34	- -	- -	- -	7.37	10.3	10.26
Price/Book Value	- -	0.88	1.15	2.21	2.78	1.96	2.42	1.81	2.3	1.97	3.92	4.41	7.01	8.18	7.63
Price/Book Value Average	- -	0.88	0.92	1.62	2.29	1.79	2.2	2.19	1.99	1.82	4.13	5.19	4.72	5.8	7.41
Price/Book Value High	- -	0.94	1.16	2.22	2.78	2.37	2.64	2.55	2.33	3.67	4.96	8.04	7.12	9.24	9.94
Price/Book Value Low	- -	0.8	0.8	1.22	1.78	1.54	1.62	1.72	1.59	0.53	3.23	2.78	2.65	4.04	4.35
Price/Tangible Book Value	- -	0.93	1.22	2.33	2.88	2.02	2.49	2.17	2.71	2.3	5.19	6.15	8.46	9.16	8.3
Price/Tangible Book Value Average	- -	0.93	0.97	1.71	2.38	1.85	2.26	2.63	2.35	2.12	5.46	7.23	5.69	6.5	8.06
Price/Tangible Book Value High	- -	0.99	1.22	2.34	2.89	2.45	2.72	3.07	2.75	4.28	6.56	11.2	8.59	10.35	10.81
Price/Tangible Book Value Low	- -	0.84	0.84	1.28	1.84	1.59	1.67	2.07	1.88	0.62	4.27	3.88	3.2	4.52	4.73
Price/Sales	- -	0.95	1.27	2.29	2.72	2.11	2.97	2.13	2.56	7.07	12.87	1.43	2.38	3.64	4.28
Price/Sales Average	- -	0.95	1.02	1.68	2.25	1.93	2.7	2.58	2.21	6.5	13.54	1.68	1.6	2.58	4.16
Price/Sales High	- -	1.01	1.28	2.3	2.72	2.56	3.24	3	2.59	13.14	16.26	2.61	2.42	4.11	5.58
Price/Sales Low	- -	0.86	0.88	1.26	1.74	1.66	1.99	2.03	1.77	1.91	10.59	0.9	0.9	1.8	2.44
Price/Cash Flow	- -	5.26	7.17	10.61	11.59	7.13	9.08	5.81	7.54	-4.19	-10.5	26.31	7.39	11.41	11.87
Price/Cash Flow Average	- -	5.28	5.74	7.78	9.57	6.52	8.24	7.04	6.52	-3.85	-11.04	30.94	4.97	8.09	11.53
Price/Cash Flow High	- -	5.64	7.22	10.65	11.61	8.64	9.89	8.19	7.64	-7.78	-13.27	47.91	7.5	12.88	15.47
Price/Cash Flow Low	- -	4.78	4.95	5.84	7.41	5.59	6.07	5.53	5.23	-1.13	-8.64	16.59	2.79	5.63	6.77
Price/Free Cash Flow Average	- -	81.48	12.58	-201.81	56.25	737.54	10.3	-135.98	35.1	-2.52	-5.05	-6.68	42.4	22.8	60.96
Price/Free Cash Flow High	- -	86.92	15.82	-276.36	68.22	977.65	12.37	-158.35	41.14	-5.09	-6.06	-10.34	63.99	36.31	81.81
Price/Free Cash Flow Low	- -	73.64	10.85	-151.61	43.56	632.51	7.6	-106.94	28.16	-0.74	-3.95	-3.58	23.83	15.86	35.81
EV/Sales Average	- -	2.03	2.01	2.68	3.24	3.01	3.53	3.72	3.31	14.59	26.09	4.18	3.17	3.91	5.34
EV/Sales High	- -	2.1	2.27	3.3	3.72	3.64	4.07	4.14	3.69	21.94	28.85	5.1	3.99	5.49	6.76
EV/Sales Low	- -	1.94	1.87	2.27	2.74	2.74	2.82	3.18	2.87	9.5	23.11	3.4	2.47	3.1	3.63
EV/EBITDA Average	- -	13.78	10.31	12.64	15.81	10.79	11.49	12.07	10.88	- -	- -	57.65	10.18	11.3	14.45
EV/EBITDA High	- -	14.21	11.66	15.54	18.13	13.03	13.24	13.43	12.13	- -	- -	70.4	12.79	15.86	18.29
EV/EBITDA Low	- -	13.16	9.59	10.7	13.36	9.81	9.19	10.29	9.44	- -	- -	46.87	7.92	8.96	9.82
EV/EBIT Average	- -	38.76	20.06	23.01	30.76	17.32	17.75	18.65	17.38	- -	- -	- -	15.32	15.71	19.51
EV/EBIT High	- -	39.97	22.68	28.28	35.26	20.92	20.47	20.76	19.38	- -	- -	- -	19.26	22.04	24.69
EV/EBIT Low	- -	37.01	18.65	19.47	25.99	15.75	14.21	15.91	15.09	- -	- -	- -	11.93	12.45	13.26
Last Price	- -	33.29	46	83.2	102.44	83.04	121.23	95.67	133.42	72.66	78.1	49.49	128.82	229.44	282.34
High Price	- -	35.64	46.29	83.58	102.67	100.63	132.16	135.02	135.17	135.01	98.66	90.11	130.79	259.16	368.03
Enterprise Value Average	- -	15,624	16,010	21,675	26,909	25,591	30,956	35,334	36,207	32,222	39,977	36,956	44,089	64,491	95,781
Enterprise Value High	- -	16,114	18,104	26,634	30,849	30,909	35,693	39,331	40,361	48,452	44,203	45,123	55,439	90,485	121,218
Enterprise Value Low	- -	14,919	14,888	18,337	22,736	23,265	24,777	30,144	31,435	20,976	35,412	30,044	34,330	51,122	65,097

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	218	219	221	220	219	215	214	210	209	238	256	256	257	270	271
Diluted Weighted Avg Shares	220	220	222	224	221	217	216	212	211	215	253	256	284	280	275
Basic Weighted Avg Shares	218	219	220	222	220	216	215	211	210	215	253	256	257	262	272
Revenue per Share	34.64	35.18	36.14	36.32	37.7	39.34	40.79	44.96	52.15	10.28	6.07	34.57	54.15	62.99	65.99
EBITDA per Share	7.51	5.19	7.05	7.71	7.73	10.98	12.52	13.87	15.85	-15.46	-10.21	2.51	16.88	21.8	24.39
Operating Income per Share	4.28	3.61	3.88	4.26	5.84	6.84	8.1	8.97	9.92	-14.12	-15.33	-3	11.21	15.7	18.07
Basic EPS, GAAP	2.79	0.08	2.15	3.44	3.02	5.94	7.55	8.58	8.95	-26.97	-20.83	-8.43	6.61	10.99	15.71
Basic EPS from Cont Ops	2.79	0.08	2.15	3.44	3.02	5.94	7.55	8.6	9.08	-26.87	-20.83	-8.43	6.64	11.07	15.79
Diluted EPS, GAAP	2.76	0.08	2.14	3.42	3.01	5.92	7.51	8.54	8.93	-26.97	-20.83	-8.43	5.98	10.28	15.53
Diluted EPS from Cont Ops	2.76	0.08	2.14	3.42	3.01	5.92	7.51	8.56	9.06	-26.87	-20.83	-8.43	6	10.35	15.62
Dividend per Share	0.1	0.54	0.65	0.9	1.27	1.6	2.03	2.5	2.87	1.52	- -	- -	- -	0.41	3.03
Cash Flow per Share	6.69	6.32	6.41	7.85	8.84	11.65	13.36	16.48	17.7	-17.36	-7.44	1.88	17.44	20.12	23.79
Free Cash Flow per Basic Share	1.3	0.41	2.94	-0.3	1.51	0.1	10.74	-0.86	3.29	-26.51	-16.27	-8.72	2.26	7.63	4.55
Cash & Equivalents per Share	1.2	0.89	0.93	0.86	0.56	0.62	0.56	1.37	1.16	15.48	10.57	7.56	1.93	1.44	3.04
Book Value per Share	38.63	37.87	39.84	37.67	36.89	42.39	50.03	52.98	58.09	36.8	19.9	11.21	18.37	28.05	37.01
Tangible Book Value per Share	35.2	35.9	37.85	35.76	35.57	41.05	48.68	44.01	49.14	31.53	15.03	8.05	15.23	25.05	34.03