CBRE Group Inc Financial Ratios — RF6 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 (%)	23.22	23.46	18.43	23.32	22.01	20.01	19.56	23.49	22.96	11.3	23.54	17.18	12.23	11.61	13.38
Return on Assets (%)	3.88	4.2	4.28	6.65	5.89	5.26	6.2	8.45	8.65	4.39	9.16	6.61	4.58	4.13	4.19
Return on Capital (%)	6.33	8.32	7.5	11.66	10.31	9.35	11	14.96	14.76	7.33	14.87	10.84	7.27	6.25	6.01
Return on Invested Capital (%)	6.04	6.98	7.96	11.55	8.93	7.68	9.26	11.05	13.05	6.94	9.9	10.03	6.86	8.29	8.08
Gross Margin (%)	41.46	42.55	41.69	38	34.75	22.73	23.21	22.92	21.78	20.06	22.22	21.37	19.64	19.45	18.66
EBITDA Margin (%)	9.82	11.61	11.24	11.68	10.59	6.82	7.97	7.22	7.11	6.18	7.8	6.89	5.44	5.83	6.12
Operating Margin (%)	7.62	9.2	9.75	8.12	7.6	4.61	5.68	5.03	5.57	4.07	5.64	4.3	3.41	3.55	3.19
Incremental Operating Margin (%)	1.37	24.5	15.16	1.82	5.02	- -	20.47	0.53	10.05	529.05	15.19	- -	- -	4.74	0.48
Pretax Margin (%)	7.27	7.51	7.08	8.59	8.1	5.08	6.29	6.46	5.7	4.07	8.69	5.38	4	3.41	3.93
Profit Margin (%)	4.05	4.84	4.41	5.35	5.04	3.3	3.74	4.98	5.37	3.16	6.62	4.56	3.09	2.71	2.85
Net Income to Common Margin (%)	4.05	4.84	4.41	5.35	5.04	3.3	3.74	4.98	5.37	3.16	6.62	4.56	3.09	2.71	2.85
Effective Tax Rate (%)	44.02	37.86	36.78	33.93	36.47	33.66	39.93	22.7	5.13	22.07	23.57	14.11	19.58	14.94	19.89
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Sustainable Growth Rate (%)	23.22	23.46	18.43	23.32	22.01	20.01	19.56	23.49	22.96	11.3	23.54	17.18	12.23	11.61	13.38

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	3,604	3,751	2,488	2,357	4,430	3,803	2,910	3,099	3,971	4,096	4,197	3,493	4,826	5,694	9,991
ST Debt	972	1,208	621	548	1,785	1,255	911	1,332	1,152	1,599	1,543	1,327	933	1,142	2,820
LT Debt	2,632	2,544	1,867	1,809	2,645	2,548	2,000	1,767	2,819	2,497	2,655	2,166	3,893	4,552	7,171
Total Debt/EBITDA	6.22	4.96	3.08	2.23	3.85	3.21	1.96	2.01	2.34	2.78	1.94	1.64	2.78	2.73	4.03
Net Debt/EBITDA	4.33	3.52	2.47	1.53	3.38	2.57	1.45	1.51	1.04	0.59	0.19	0.41	1.28	1.47	2.31
Total Debt/EBIT	7.79	6.41	4.04	2.98	5.3	4.66	2.7	2.85	3.15	4.22	2.56	2.31	4.32	4.03	5.7
Net Debt/EBIT	5.42	4.55	3.24	2.04	4.65	3.72	2	2.13	1.41	0.9	0.25	0.57	2	2.17	3.26
EBITDA to Interest Expense	3.86	4.32	5.98	9.44	9.67	8.17	11.69	15.6	19.81	21.72	42.96	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	3.86	4.32	5.98	9.44	9.67	8.17	11.69	15.6	19.81	21.72	42.96	- -	- -	- -	- -
EBIT to Interest Expense	2.99	3.42	5.19	6.56	6.94	5.53	8.34	10.87	15.51	14.33	31.1	- -	- -	- -	- -
Interest Expense	150	175	135	112	119	145	127	99	86	68	50	- -	- -	- -	- -
Common Equity/Total Assets	15.95	19.71	27.09	29.86	24.62	27.96	35.11	36.7	38.48	39.24	38.64	38.28	36.66	34.5	28.75
Long-Term Debt/Equity (%)	185.7	151.25	96.43	78.59	95.87	83.35	47.9	35.28	44.94	33.27	28.36	25.17	42.94	49.52	74.5
Long-Term Debt/Capital (%)	52.41	46.82	42.2	38.82	36.79	37.14	28.22	21.79	27.52	21.52	19.58	17.9	28.02	30.58	36.56
Long-Term Debt/Total Assets (%)	36.45	32.57	26.68	23.9	24.01	23.64	17.06	13.13	17.4	13.84	12.03	10.56	17.27	18.67	23.22
Total Debt/Equity (%)	254.3	223.06	128.52	102.42	160.57	124.39	69.72	61.86	63.3	54.58	44.85	40.59	53.23	61.95	103.79
Total Debt/Capital (%)	71.78	69.05	56.24	50.6	61.62	55.43	41.08	38.22	38.76	35.31	30.96	28.87	34.74	38.25	50.93
Total Debt/Total Assets (%)	49.92	48.04	35.55	31.15	40.21	35.28	24.84	23.03	24.52	22.71	19.01	17.03	21.4	23.35	32.36
Net Debt to Equity	177.16	158.29	103.12	70.23	140.99	99.44	51.71	46.35	28.26	11.66	4.46	10.05	24.59	33.43	59.44
Net Debt/Capital (%)	63.92	61.28	50.77	41.25	58.5	49.86	34.08	31.67	19.12	9.01	3.75	8.02	17.66	22.31	32.23
EBITDA	580	756	807	1,057	1,150	1,184	1,485	1,540	1,699	1,471	2,163	2,125	1,739	2,087	2,482
EBITDA-CapEx	580	756	807	1,057	1,150	1,184	1,485	1,540	1,699	1,471	2,163	2,125	1,739	2,087	2,482
Operating Income (Loss)	450	599	701	735	825	801	1,059	1,073	1,330	971	1,566	1,327	1,090	1,271	1,294

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	0.47	0.4	0.21	0.27	0.11	0.17	0.16	0.13	0.15	0.27	0.29	0.16	0.15	0.12	0.15
Current Ratio	1.33	1.37	1.11	1.15	1.06	1.13	1.19	1.16	1.17	1.24	1.2	1.03	1.17	1.07	1.09
Quick Ratio	1.17	1.18	0.93	1.06	0.97	1.04	1.09	1.06	1.06	1.14	1.1	0.92	1.08	0.99	1.01
CFO/Avg Current Liab	0.16	0.1	0.27	0.24	0.16	0.13	0.19	0.22	0.2	0.27	0.3	0.2	0.06	0.19	0.14
Common Equity/Total Assets	15.95	19.71	27.09	29.86	24.62	27.96	35.11	36.7	38.48	39.24	38.64	38.28	36.66	34.5	28.75
Long-Term Debt/Equity (%)	185.7	151.25	96.43	78.59	95.87	83.35	47.9	35.28	44.94	33.27	28.36	25.17	42.94	49.52	74.5
Long-Term Debt/Capital (%)	52.41	46.82	42.2	38.82	36.79	37.14	28.22	21.79	27.52	21.52	19.58	17.9	28.02	30.58	36.56
Long-Term Debt/Total Assets (%)	36.45	32.57	26.68	23.9	24.01	23.64	17.06	13.13	17.4	13.84	12.03	10.56	17.27	18.67	23.22
Total Debt/Equity (%)	254.3	223.06	128.52	102.42	160.57	124.39	69.72	61.86	63.3	54.58	44.85	40.59	53.23	61.95	103.79
Total Debt/Capital (%)	71.78	69.05	56.24	50.6	61.62	55.43	41.08	38.22	38.76	35.31	30.96	28.87	34.74	38.25	50.93
Total Debt/Total Assets (%)	49.92	48.04	35.55	31.15	40.21	35.28	24.84	23.03	24.52	22.71	19.01	17.03	21.4	23.35	32.36
CFO/Total Liabilities	6.23	4.75	14.72	12.57	7.89	7.99	11.86	13.39	12.33	17.38	18.59	13.68	3.56	11.24	7.34
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Altman's Z-Score	- -	2.75	3.84	4.52	3.45	4.64	5.16	4.83	4.66	4.17	4.89	4.78	4.54	4.83	4.26

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	5.69	5.43	5.23	5.62	5.16	6.84	6.52	6.29	5.87	5.38	5.81	5.88	5.46	5.35	5.3
Days Sales Outstanding	64.14	67.19	69.83	64.99	70.74	53.35	56.02	57.99	62.14	67.88	62.79	62.03	66.82	68.25	68.81
Inventory Turnover	94.57	39.96	56	488.4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	3.86	9.13	6.52	0.75	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	6.86	6.59	5.83	6.8	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	53.24	55.35	62.64	53.65	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	14.76	20.98	13.71	12.09	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	60.28	58.05	63.32	64.24	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	57	130	19	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	57	130	19	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
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	- -	6,443	7,728	11,660	11,704	10,517	14,964	13,597	20,624	21,055	36,203	24,144	28,608	38,991	48,755
- Cash & Cash Equivalents	1,093	1,089	492	741	540	763	752	777	972	1,896	2,431	1,318	1,265	1,114	1,864
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	266	143	40	42	46	43	60	71	40	427	831	753	800	781	748
+ Total Debt	3,604	3,751	2,488	2,357	4,430	3,803	2,910	3,099	3,971	4,096	4,197	3,493	4,826	5,694	9,991
Enterprise Value	- -	9,146	9,706	13,254	15,640	13,600	17,182	15,990	23,664	23,683	38,800	27,072	32,969	44,352	57,630
Total Capital	5,021	5,433	4,424	4,658	7,189	6,860	7,085	8,109	10,244	11,602	13,556	12,099	13,893	14,886	19,617
Total Debt/Capital (%)	71.78	69.05	56.24	50.6	61.62	55.43	41.08	38.22	38.76	35.31	30.96	28.87	34.74	38.25	50.93
Total Debt / EV	- -	0.41	0.26	0.18	0.28	0.28	0.17	0.19	0.17	0.17	0.11	0.13	0.15	0.13	0.17
EV/Sales	- -	1.4	1.35	1.46	1.44	0.78	0.92	0.75	0.99	0.99	1.4	0.88	1.03	1.24	1.42
EV/EBITDA	- -	12.1	12.02	12.54	13.6	11.49	11.57	10.38	13.93	16.09	17.94	12.74	18.96	21.25	23.22
EV/EBIT	- -	15.63	15.75	16.73	18.71	16.65	15.93	14.7	18.78	24.42	23.7	17.91	29.52	31.39	32.87
EV/Cash Flow to Firm	- -	22.87	11.69	18.01	21.5	19.07	17.7	13.24	18.14	12.57	16.15	16.62	68.68	25.97	36.97
EV/Free Cash Flow to Firm	- -	22.87	11.69	18.01	21.5	19.07	17.7	13.24	18.14	12.57	16.15	16.62	68.68	25.97	36.97
Diluted Market Cap	- -	6,384	7,724	11,701	11,780	10,553	15,022	13,847	20,980	21,233	36,947	25,440	29,326	39,763	49,582
Diluted Enterprise Value	- -	9,086	9,703	13,296	15,717	13,636	17,241	16,240	24,020	23,860	39,544	28,368	33,687	45,124	58,457
EV per Share	- -	27.71	29.24	39.8	46.79	40.32	50.62	47.46	70.69	70.58	116.56	87.05	108.13	146.83	194.87
TTM Sales	5,905	6,514	7,185	9,050	10,856	17,369	18,629	21,340	23,894	23,826	27,746	30,828	31,949	35,767	40,550
TTM EBITDA	580	756	807	1,057	1,150	1,184	1,485	1,540	1,699	1,471	2,163	2,125	1,739	2,087	2,482
TTM Operating Income	450	599	701	735	825	801	1,059	1,073	1,330	971	1,566	1,327	1,090	1,271	1,294
TTM Cash Flow to Firm	445	400	831	736	727	713	971	1,208	1,305	1,884	2,402	1,629	480	1,708	1,559
TTM Free Cash Flow to Firm	445	400	831	736	727	713	971	1,208	1,305	1,884	2,402	1,629	480	1,708	1,559

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	- -	21.93	10.37	17.68	18.07	17.1	16.8	12.24	17.15	11.6	15.63	15.62	61.1	23.28	31.8
EV/EBIT	- -	15.63	15.75	16.73	18.71	16.65	15.93	14.7	18.78	24.42	23.7	17.91	29.52	31.39	32.87
Enterprise Value	- -	9,146	9,706	13,254	15,640	13,600	17,182	15,990	23,664	23,683	38,800	27,072	32,969	44,352	57,630
Low Price	- -	17.36	20.15	22.92	30.96	23.32	30.1	38.44	37.9	29.61	59.29	67.59	65.52	82.97	109.53
EV/Sales	- -	1.4	1.35	1.46	1.44	0.78	0.92	0.75	0.99	0.99	1.4	0.88	1.03	1.24	1.42
EV/EBITDA	- -	12.1	12.02	12.54	13.6	11.49	11.57	10.38	13.93	16.09	17.94	12.74	18.96	21.25	23.22
Price/Earnings	- -	19.94	24.13	23.89	21.29	18.25	21.35	12.88	16.13	27.97	19.85	17.81	29.35	40.79	42.48
Price/Earnings Average	- -	19.02	24.15	20.33	21.53	16.72	17.73	14.54	13.4	22.45	16.11	19.05	24.92	33.16	37.08
Price/Earnings High	- -	20.86	26.79	23.93	23.78	20.13	21.43	16.02	16.25	29.95	19.89	25.38	29.42	44.75	44.02
Price/Earnings Low	- -	17.74	20.89	15.64	18.82	13.65	14.58	12.27	9.92	13.2	10.82	15.51	20.49	26.21	28.23
Price/Book Value	- -	4.19	4.08	5.16	4.31	3.49	3.64	2.75	3.31	2.97	4.25	3.07	3.46	4.64	5.49
Price/Book Value Average	- -	3.99	4.08	4.39	4.36	3.2	3.02	3.11	2.75	2.39	3.45	3.29	2.94	3.77	4.79
Price/Book Value High	- -	4.38	4.53	5.17	4.82	3.85	3.65	3.43	3.33	3.19	4.25	4.38	3.47	5.09	5.69
Price/Book Value Low	- -	3.72	3.53	3.38	3.82	2.61	2.48	2.62	2.04	1.4	2.31	2.68	2.42	2.98	3.65
Price/Tangible Book Value	- -	-5.67	-6.25	-13.31	-6.42	-7.63	-27.74	-87.82	18.76	11.15	32.22	30.49	27.06	79.25	-42.58
Price/Tangible Book Value Average	- -	-5.41	-6.26	-11.32	-6.49	-6.99	-23.03	-99.15	15.58	8.95	26.15	32.6	22.98	64.43	-37.16
Price/Tangible Book Value High	- -	-5.93	-6.94	-13.32	-7.17	-8.42	-27.85	-109.26	18.89	11.94	32.29	43.45	27.13	86.95	-44.12
Price/Tangible Book Value Low	- -	-5.04	-5.41	-8.71	-5.67	-5.71	-18.94	-83.66	11.54	5.26	17.57	26.54	18.9	50.93	-28.29
Price/Sales	- -	0.97	1.06	1.28	1.07	0.6	0.8	0.64	0.87	0.88	1.31	0.81	0.91	1.1	1.21
Price/Sales Average	- -	0.92	1.06	1.09	1.09	0.55	0.66	0.72	0.72	0.71	1.07	0.87	0.77	0.9	1.06
Price/Sales High	- -	1.01	1.18	1.28	1.2	0.66	0.8	0.8	0.87	0.95	1.32	1.16	0.91	1.21	1.26
Price/Sales Low	- -	0.86	0.92	0.84	0.95	0.45	0.55	0.61	0.53	0.42	0.72	0.71	0.63	0.71	0.81
Price/Cash Flow	- -	21.61	10.25	17.49	17.87	16.95	16.64	12.11	16.91	11.49	15.42	15.38	60.29	23.12	31.53
Price/Cash Flow Average	- -	20.62	10.26	14.89	18.07	15.53	13.82	13.67	14.05	9.22	12.52	16.45	51.2	18.79	27.52
Price/Cash Flow High	- -	22.62	11.38	17.52	19.96	18.7	16.7	15.06	17.03	12.3	15.45	21.92	60.43	25.36	32.67
Price/Cash Flow Low	- -	19.23	8.87	11.45	15.8	12.68	11.36	11.53	10.4	5.42	8.41	13.39	42.1	14.86	20.95
Price/Free Cash Flow Average	- -	20.92	10.37	15.05	18.28	15.67	13.94	13.82	14.24	9.31	12.69	16.7	51.88	18.93	27.76
Price/Free Cash Flow High	- -	22.95	11.51	17.71	20.18	18.87	16.86	15.23	17.27	12.42	15.66	22.26	61.24	25.54	32.95
Price/Free Cash Flow Low	- -	19.51	8.97	11.57	15.98	12.79	11.47	11.66	10.55	5.47	8.52	13.6	42.66	14.96	21.13
EV/Sales Average	- -	1.36	1.35	1.27	1.45	0.73	0.79	0.83	0.84	0.82	1.15	0.93	0.9	1.04	1.27
EV/Sales High	- -	1.45	1.47	1.47	1.57	0.85	0.93	0.9	1	1.06	1.4	1.21	1.03	1.35	1.46
EV/Sales Low	- -	1.29	1.21	1.02	1.32	0.63	0.67	0.72	0.66	0.53	0.8	0.78	0.76	0.85	1.02
EV/EBITDA Average	- -	11.71	12.03	10.89	13.72	10.75	9.86	11.52	11.87	13.27	14.79	13.53	16.48	17.76	20.72
EV/EBITDA High	- -	12.49	13.08	12.55	14.79	12.4	11.61	12.54	14.01	17.11	17.97	17.57	19	23.07	23.93
EV/EBITDA Low	- -	11.16	10.74	8.73	12.42	9.25	8.38	9.96	9.26	8.54	10.33	11.27	13.99	14.58	16.63
EV/EBIT Average	- -	15.12	15.76	14.54	18.87	15.57	13.57	16.31	16.01	20.14	19.54	19.01	25.65	26.23	29.34
EV/EBIT High	- -	16.14	17.13	16.75	20.35	17.98	15.98	17.75	18.9	25.96	23.75	24.69	29.57	34.07	33.88
EV/EBIT Low	- -	14.42	14.07	11.65	17.09	13.4	11.53	14.1	12.48	12.96	13.64	15.84	21.79	21.53	23.54
Last Price	- -	19.52	23.28	35.02	35.02	31.18	44.08	40.36	61.61	62.75	108.76	77.63	93.83	129.09	164.86
High Price	- -	20.43	25.85	35.07	39.11	34.4	44.24	50.21	62.04	67.2	108.98	110.63	94.05	141.63	170.81
Enterprise Value Average	- -	8,849	9,711	11,516	15,774	12,721	14,641	17,744	20,170	19,529	31,984	28,748	28,654	37,062	51,426
Enterprise Value High	- -	9,445	10,557	13,272	17,009	14,685	17,237	19,309	23,807	25,177	38,874	37,337	33,035	48,140	59,389
Enterprise Value Low	- -	8,434	8,668	9,227	14,286	10,949	12,436	15,345	15,726	12,564	22,335	23,951	24,337	30,421	41,266

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	328	330	332	333	334	337	339	337	335	336	333	311	305	302	296
Diluted Weighted Avg Shares	324	327	332	334	336	338	341	343	341	338	340	328	313	308	301
Basic Weighted Avg Shares	318	322	328	331	333	335	338	339	336	335	335	323	308	306	298
Revenue per Share	18.54	20.21	21.9	27.37	32.64	51.78	55.17	62.89	71.16	71.08	82.77	95.5	103.59	116.94	136
EBITDA per Share	1.82	2.35	2.46	3.2	3.46	3.53	4.4	4.54	5.06	4.39	6.45	6.58	5.64	6.82	8.32
Operating Income per Share	1.41	1.86	2.14	2.22	2.48	2.39	3.14	3.16	3.96	2.9	4.67	4.11	3.53	4.16	4.34
Basic EPS, GAAP	0.75	0.98	0.96	1.47	1.64	1.71	2.06	3.13	3.82	2.24	5.48	4.36	3.2	3.16	3.88
Basic EPS from Cont Ops	0.76	0.94	0.98	1.55	1.68	1.74	2.08	3.14	3.85	2.26	5.49	4.41	3.33	3.39	4.28
Diluted EPS, GAAP	0.74	0.96	0.95	1.45	1.63	1.69	2.05	3.1	3.77	2.22	5.41	4.29	3.15	3.14	3.85
Diluted EPS from Cont Ops	0.74	0.93	0.97	1.54	1.66	1.73	2.06	3.11	3.79	2.23	5.42	4.35	3.29	3.36	4.25
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	1.13	0.9	2.27	2	1.96	1.84	2.65	3.33	3.64	5.46	7.05	5.05	1.56	5.58	5.23
Free Cash Flow per Basic Share	1.13	0.9	2.27	2	1.96	1.84	2.65	3.33	3.64	5.46	7.05	5.05	1.56	5.58	5.23
Cash & Equivalents per Share	3.8	3.61	1.66	2.42	1.62	2.26	2.21	2.31	2.9	5.65	7.3	4.24	4.15	3.69	6.3
Book Value per Share	3.51	4.66	5.71	6.79	8.12	8.94	12.12	14.66	18.62	21.09	25.62	25.25	27.11	27.85	30.02
Tangible Book Value per Share	-4.49	-3.45	-3.72	-2.63	-5.46	-4.09	-1.59	-0.46	3.28	5.63	3.38	2.55	3.47	1.63	-3.87