Western Union Company (The) Financial Ratios — W3U 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 (%)	157.75	111.79	78.07	70.88	61.94	21.95	- -	- -	- -	- -	297.23	218.53	130.85	129.04	51.86
Return on Assets (%)	13.71	11.07	8.15	8.52	8.66	2.68	-5.97	9.35	11.92	8.15	8.8	10.52	7.5	11.28	5.99
Return on Capital (%)	31.9	24.28	18.26	19.5	20.48	8.81	-25.2	34.61	36	24.49	25.42	30.08	22.9	- -	15.04
Return on Invested Capital (%)	28.11	22.74	17.31	18.73	19.7	8.08	-19.34	24.19	17.34	19.1	22.04	19.41	18.03	- -	14.28
Gross Margin (%)	43.51	43.61	41.63	41.19	41.66	39.76	39.3	40.95	41.68	41.54	42.88	41.32	38.68	37.75	37.03
EBITDA Margin (%)	28.73	27.82	24.72	25.19	25.16	13.83	13.37	24.81	22.52	24.67	26.25	23.88	22.98	21.5	22.78
Operating Margin (%)	25.22	23.48	19.98	20.34	20.23	8.98	17.01	20.07	17.65	20.01	22.15	19.77	18.76	17.24	18.7
Incremental Operating Margin (%)	28.42	- -	181.27	50.77	25.18	1,023.68	446.55	277.9	63.16	- -	66.07	40.01	56.88	62.25	- -
Pretax Margin (%)	23.21	20.63	16.73	17.27	17.17	6.3	6.29	17.74	24.97	17.69	18.45	22.54	17.12	14.69	15.45
Profit Margin (%)	21.22	18.11	14.41	15.2	15.28	4.67	-10.08	15.24	20	15.39	15.89	20.35	14.37	22.19	12.33
Net Income to Common Margin (%)	21.22	18.11	14.41	15.2	15.28	4.67	-10.08	15.24	20	15.39	15.89	20.35	14.37	22.19	12.33
Effective Tax Rate (%)	8.57	12.23	13.86	11.96	11.04	25.9	260.32	14.07	19.91	12.96	13.86	9.72	16.06	- -	20.15
Dvd Payout Ratio (%)	16.66	24.78	34.72	31.11	37.78	123.3	-58.45	40.11	32.2	49.75	47.36	40	55.75	34.41	61.85
Sustainable Growth Rate (%)	131.47	84.09	50.97	48.83	38.54	-5.11	- -	- -	- -	- -	156.47	131.13	57.9	84.63	19.79

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	3,583	4,329	4,213	3,720	3,216	2,786	3,034	3,434	3,472	3,302	3,211	2,617	2,667	3,132	3,104
ST Debt	597	300	- -	- -	- -	- -	- -	625	245	80	275	180	365	- -	435
LT Debt	2,986	4,029	4,213	3,720	3,216	2,786	3,034	2,809	3,227	3,222	2,936	2,437	2,302	3,132	2,669
Total Debt/EBITDA	2.27	2.75	3.07	2.63	2.33	3.71	4.11	2.48	2.91	2.77	2.41	2.45	2.66	3.46	3.36
Net Debt/EBITDA	0.95	1.26	1.17	0.78	0.6	0.96	1.26	0.87	1.18	0.79	1.35	1.25	1.23	0.92	1.35
Total Debt/EBIT	2.59	3.26	3.8	3.26	2.9	5.72	6.38	3.06	3.72	3.41	2.86	2.96	3.26	4.32	4.1
Net Debt/EBIT	1.08	1.49	1.45	0.97	0.74	1.48	1.96	1.08	1.51	0.98	1.6	1.5	1.51	1.15	1.64
EBITDA to Interest Expense	8.67	8.78	7.01	8	8.22	4.92	5.2	9.27	7.84	10.07	12.62	10.58	9.51	7.55	6.45
EBITDA-CapEx/Interest Expense	8.38	8.44	6.6	7.61	7.65	4.47	4.71	8.36	7.31	9.33	11.6	9.23	8.45	6.56	5.59
EBIT to Interest Expense	7.61	7.41	5.66	6.46	6.61	3.19	6.61	7.5	6.14	8.16	10.65	8.76	7.76	6.06	5.3
Interest Expense	182	180	196	177	168	153	142	150	152	119	106	101	105	120	143
Common Equity/Total Assets	9.87	9.94	10.91	13.15	14.87	9.58	-5.32	-3.44	-0.45	1.96	4.03	5.62	5.84	11.58	11.53
Long-Term Debt/Equity (%)	333.73	428.36	381.37	286.1	228.91	308.81	- -	- -	- -	1,726.74	825.76	510	480.58	323.25	278.62
Long-Term Debt/Capital (%)	66.69	76.46	79.23	74.1	69.6	75.54	119.33	89.91	94.01	92.36	82.32	78.74	73.17	76.37	65.71
Long-Term Debt/Total Assets (%)	32.92	42.57	41.63	37.62	34.03	29.58	32.86	31.22	36.84	33.93	33.28	28.68	28.08	37.42	32.13
Total Debt/Equity (%)	400.45	460.26	381.37	286.1	228.91	308.81	-617.34	-1,108.36	-8,788.86	1,769.61	903.09	547.68	556.76	323.25	324.02
Total Debt/Capital (%)	80.02	82.15	79.23	74.1	69.6	75.54	119.33	109.92	101.15	94.65	90.03	84.56	84.77	76.37	76.42
Total Debt/Total Assets (%)	39.51	45.74	41.63	37.62	34.03	29.58	32.86	38.17	39.64	34.77	36.4	30.8	32.53	37.42	37.37
Net Debt to Equity	167.61	210.31	144.95	84.81	58.67	79.65	-189.38	-391.38	-3,571.14	505.52	506.21	278.55	258.04	86.2	129.61
Net Debt/Capital (%)	62.63	67.77	59.18	45.89	36.98	44.34	211.89	134.32	87.43	69.12	76.32	73.58	65.84	41.86	51.19
EBITDA	1,578	1,576	1,370	1,412	1,380	750	739	1,387	1,192	1,193	1,331	1,069	1,001	905	923
EBITDA-CapEx	1,525	1,515	1,290	1,345	1,285	681	670	1,250	1,111	1,105	1,224	932	890	786	799
Operating Income (Loss)	1,385	1,330	1,107	1,141	1,109	487	940	1,122	934	967	1,123	885	818	726	757

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	0.75	0.99	1.08	1	0.86	0.62	0.56	0.57	0.68	0.76	1.17	0.83	1.79	4.73	0.7
Current Ratio	1.02	1.29	1.35	1.28	1.15	0.91	0.84	0.82	0.95	1.02	1.18	1	1.02	7.12	1.13
Quick Ratio	1	1.27	1.32	1.25	1.12	0.88	0.82	0.79	0.92	0.97	1.7	0.83	2.93	6.65	1.06
CFO/Avg Current Liab	0.29	0.28	0.27	0.25	0.26	0.22	0.13	0.13	0.16	0.17	0.27	0.31	0.51	0.36	0.21
Common Equity/Total Assets	9.87	9.94	10.91	13.15	14.87	9.58	-5.32	-3.44	-0.45	1.96	4.03	5.62	5.84	11.58	11.53
Long-Term Debt/Equity (%)	333.73	428.36	381.37	286.1	228.91	308.81	- -	- -	- -	1,726.74	825.76	510	480.58	323.25	278.62
Long-Term Debt/Capital (%)	66.69	76.46	79.23	74.1	69.6	75.54	119.33	89.91	94.01	92.36	82.32	78.74	73.17	76.37	65.71
Long-Term Debt/Total Assets (%)	32.92	42.57	41.63	37.62	34.03	29.58	32.86	31.22	36.84	33.93	33.28	28.68	28.08	37.42	32.13
Total Debt/Equity (%)	400.45	460.26	381.37	286.1	228.91	308.81	-617.34	-1,108.36	-8,788.86	1,769.61	903.09	547.68	556.76	323.25	324.02
Total Debt/Capital (%)	80.02	82.15	79.23	74.1	69.6	75.54	119.33	109.92	101.15	94.65	90.03	84.56	84.77	76.37	76.42
Total Debt/Total Assets (%)	39.51	45.74	41.63	37.62	34.03	29.58	32.86	38.17	39.64	34.77	36.4	30.8	32.53	37.42	37.37
CFO/Total Liabilities	14.37	13.9	12.07	12.18	13.32	12.23	7.63	8.82	10.4	9.43	12.34	7.25	10.14	5.49	7.4
CFO/CapEx	22.25	19.46	13.57	15.43	11.35	15.14	10.74	6.01	11.28	10.01	9.76	4.27	7.03	3.42	4.4
Altman's Z-Score	- -	2.86	2.61	2.68	2.71	2	1.58	1.68	2.04	1.72	1.83	1.54	1.46	2.29	1.47

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	10.21	5.39	5.48	5.64	5.28	4.52	3.81	3.82	4.09	4.09	4.39	- -	- -	2.69	2.7
Days Sales Outstanding	35.74	67.73	66.59	64.71	69.13	80.69	95.84	95.64	89.16	89.28	83.14	- -	- -	135.69	135.12
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	- -	7,812	9,427	9,393	9,243	10,521	8,779	7,585	11,519	8,907	7,029	5,178	4,171	3,582	2,942
- Cash & Cash Equivalents	2,083	2,351	2,612	2,618	2,392	2,068	2,103	2,221	1,819	2,124	1,208	1,286	1,269	2,106	1,636
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	3,583	4,329	4,213	3,720	3,216	2,786	3,034	3,434	3,472	3,302	3,211	2,617	2,667	3,132	3,104
Enterprise Value	- -	8,275	9,178	9,024	8,905	10,008	8,360	7,587	11,473	8,095	7,633	6,509	4,111	3,276	2,964
Total Capital	4,478	5,270	5,318	5,021	4,621	3,688	2,542	3,124	3,432	3,489	3,567	3,095	3,146	4,101	4,061
Total Debt/Capital (%)	80.02	82.15	79.23	74.1	69.6	75.54	119.33	109.92	101.15	94.65	90.03	84.56	84.77	76.37	76.42
Total Debt / EV	- -	0.52	0.46	0.41	0.36	0.28	0.36	0.45	0.3	0.41	0.42	0.4	0.65	0.96	1.05
EV/Sales	- -	1.46	1.66	1.61	1.62	1.85	1.51	1.36	2.17	1.67	1.51	1.45	0.94	0.78	0.73
EV/EBITDA	- -	5.25	6.7	6.39	6.45	13.34	11.32	5.47	9.63	6.79	5.73	6.09	4.11	3.62	3.21
EV/EBIT	- -	6.22	8.29	7.91	8.03	20.55	17.57	6.76	12.28	8.37	6.8	7.36	5.03	4.51	3.91
EV/Cash Flow to Firm	- -	6.16	7.3	7.51	7.3	8.67	16.26	7.99	11.07	8.25	6.72	9.68	4.72	- -	4.51
EV/Free Cash Flow to Firm	- -	6.45	7.8	7.96	7.91	9.21	18.78	9.33	12.01	9.07	7.42	12.13	5.41	- -	5.55
Diluted Market Cap	- -	8,294	9,614	9,669	9,506	10,784	8,950	7,812	11,874	8,994	7,298	5,385	4,424	3,616	3,053
Diluted Enterprise Value	- -	8,757	9,365	9,299	9,168	10,270	8,530	7,814	11,829	8,181	7,903	6,716	4,365	3,310	3,075
EV per Share	- -	14.46	16.72	17.3	17.72	20.79	18.21	17.2	27.45	19.69	19.38	17.43	11.73	9.7	9.39
TTM Sales	5,491	5,665	5,542	5,607	5,484	5,423	5,524	5,590	5,292	4,835	5,071	4,476	4,357	4,210	4,051
TTM EBITDA	1,578	1,576	1,370	1,412	1,380	750	739	1,387	1,192	1,193	1,331	1,069	1,001	905	923
TTM Operating Income	1,385	1,330	1,107	1,141	1,109	487	940	1,122	934	967	1,123	885	818	726	757
TTM Cash Flow to Firm	1,341	1,343	1,257	1,201	1,220	1,155	514	950	1,036	981	1,136	673	871	- -	658
TTM Free Cash Flow to Firm	1,288	1,282	1,177	1,134	1,126	1,086	445	813	955	893	1,029	536	760	- -	534

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	- -	7.38	9.53	9.89	9.73	11.08	13.3	11.41	14.25	11.39	7.78	12.09	6.59	12.58	7.27
EV/EBIT	- -	6.22	8.29	7.91	8.03	20.55	17.57	6.76	12.28	8.37	6.8	7.36	5.03	4.51	3.91
Enterprise Value	- -	8,275	9,178	9,024	8,905	10,008	8,360	7,587	11,473	8,095	7,633	6,509	4,111	3,276	2,964
Low Price	- -	11.96	13.35	15.16	16.85	16.38	18.49	16.83	16.88	17.52	15.81	12.34	10.16	10.42	7.87
EV/Sales	- -	1.46	1.66	1.61	1.62	1.85	1.51	1.36	2.17	1.67	1.51	1.45	0.94	0.78	0.73
EV/EBITDA	- -	5.25	6.7	6.39	6.45	13.34	11.32	5.47	9.63	6.79	5.73	6.09	4.11	3.62	3.21
Price/Earnings	- -	8.05	11.98	11.27	11.26	42.3	- -	9.12	11.13	12	9.01	5.9	7.05	3.86	6.09
Price/Earnings Average	- -	8.69	10.97	10.52	11.87	38.18	- -	10.31	8.59	12.41	11.21	6.97	7.28	4.46	6.08
Price/Earnings High	- -	10.88	13.39	11.65	13.86	43.1	- -	11.55	11.41	15.72	13.45	8.63	8.8	5.19	7.82
Price/Earnings Low	- -	7.05	9.3	9.49	10.31	31.7	- -	8.93	6.82	9.71	7.98	5.25	6.02	3.79	5.15
Price/Book Value	- -	8.3	8.53	7.22	6.58	11.66	-17.87	-24.48	-291.61	47.73	19.77	10.84	8.71	3.7	3.07
Price/Book Value Average	- -	8.96	7.82	6.74	6.94	10.52	-18.33	-27.68	-225.06	49.36	24.6	12.81	8.99	4.28	3.07
Price/Book Value High	- -	11.23	9.54	7.46	8.1	11.88	-21.08	-31.03	-298.75	62.56	29.5	15.87	10.87	4.98	3.94
Price/Book Value Low	- -	7.27	6.63	6.08	6.02	8.74	-17.27	-23.97	-178.62	38.61	17.51	9.64	7.43	3.63	2.6
Price/Tangible Book Value	- -	-2.51	-3.25	-3.59	-3.75	-3.6	-2.31	-2.09	-3.71	-3.09	-3.35	-2.57	-2.15	-2.55	-1.97
Price/Tangible Book Value Average	- -	-2.7	-2.98	-3.35	-3.96	-3.25	-2.37	-2.36	-2.87	-3.19	-4.17	-3.04	-2.22	-2.95	-1.96
Price/Tangible Book Value High	- -	-3.39	-3.63	-3.71	-4.62	-3.67	-2.72	-2.65	-3.81	-4.05	-5	-3.76	-2.69	-3.43	-2.52
Price/Tangible Book Value Low	- -	-2.19	-2.52	-3.02	-3.44	-2.7	-2.23	-2.04	-2.28	-2.5	-2.97	-2.29	-1.84	-2.5	-1.66
Price/Sales	- -	1.46	1.73	1.71	1.72	1.98	1.62	1.39	2.23	1.85	1.43	1.2	1.01	0.86	0.75
Price/Sales Average	- -	1.57	1.58	1.6	1.81	1.78	1.66	1.57	1.72	1.91	1.78	1.42	1.05	0.99	0.75
Price/Sales High	- -	1.97	1.93	1.77	2.12	2.01	1.91	1.76	2.28	2.42	2.14	1.76	1.26	1.15	0.96
Price/Sales Low	- -	1.28	1.34	1.44	1.57	1.48	1.57	1.36	1.36	1.49	1.27	1.07	0.86	0.84	0.63
Price/Cash Flow	- -	6.97	8.78	9.19	8.8	10.28	12.06	9.46	12.88	10.18	6.95	9.23	5.63	8.87	5.6
Price/Cash Flow Average	- -	7.52	8.05	8.57	9.28	9.28	12.38	10.69	9.94	10.52	8.65	10.91	5.82	10.26	5.59
Price/Cash Flow High	- -	9.42	9.82	9.49	10.84	10.47	14.23	11.98	13.2	13.34	10.37	13.51	7.03	11.94	7.18
Price/Cash Flow Low	- -	6.1	6.82	7.73	8.06	7.7	11.66	9.26	7.89	8.23	6.15	8.21	4.81	8.72	4.73
Price/Free Cash Flow Average	- -	7.96	8.74	9.22	10.26	10	13.65	12.9	10.99	11.78	9.68	14.3	6.8	14.54	7.25
Price/Free Cash Flow High	- -	9.97	10.66	10.21	11.99	11.29	15.69	14.46	14.59	14.92	11.61	17.7	8.22	16.93	9.32
Price/Free Cash Flow Low	- -	6.46	7.41	8.32	8.91	8.3	12.86	11.17	8.73	9.21	6.89	10.76	5.62	12.36	6.14
EV/Sales Average	- -	1.57	1.51	1.5	1.72	1.66	1.55	1.53	1.67	1.74	1.84	1.67	0.97	0.91	0.73
EV/Sales High	- -	1.95	1.86	1.66	2.01	1.88	1.8	1.72	2.22	2.25	2.19	1.99	1.18	1.07	0.94
EV/Sales Low	- -	1.29	1.28	1.34	1.48	1.36	1.46	1.33	1.32	1.32	1.35	1.33	0.8	0.76	0.62
EV/EBITDA Average	- -	5.64	6.12	5.94	6.82	11.97	11.63	6.18	7.42	7.04	7.03	6.97	4.24	4.24	3.21
EV/EBITDA High	- -	6.99	7.51	6.61	8.01	13.6	13.46	6.93	9.86	9.1	8.33	8.34	5.14	4.99	4.12
EV/EBITDA Low	- -	4.64	5.16	5.34	5.89	9.83	10.92	5.36	5.88	5.36	5.13	5.56	3.5	3.55	2.72
EV/EBIT Average	- -	6.69	7.58	7.36	8.48	18.44	18.05	7.64	9.47	8.68	8.33	8.42	5.19	5.29	3.91
EV/EBIT High	- -	8.29	9.29	8.19	9.96	20.96	20.89	8.57	12.59	11.23	9.88	10.07	6.3	6.22	5.02
EV/EBIT Low	- -	5.49	6.39	6.61	7.32	15.14	16.96	6.62	7.51	6.61	6.08	6.71	4.28	4.43	3.31
Last Price	- -	13.65	17.18	18.01	18.4	21.85	19.13	17.19	27.56	21.66	17.85	13.86	11.9	10.6	9.32
High Price	- -	18.46	19.2	18.61	22.66	22.26	22.57	21.79	28.23	28.39	26.63	20.3	14.86	14.27	11.96
Enterprise Value Average	- -	8,892	8,390	8,394	9,407	8,981	8,590	8,576	8,844	8,399	9,352	7,453	4,246	3,837	2,958
Enterprise Value High	- -	11,022	10,289	9,335	11,045	10,206	9,940	9,614	11,755	10,860	11,093	8,912	5,147	4,516	3,798
Enterprise Value Low	- -	7,306	7,075	7,535	8,125	7,372	8,069	7,427	7,010	6,392	6,831	5,938	3,500	3,215	2,508

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	619	572	549	522	502	482	459	441	418	411	394	374	351	338	316
Diluted Weighted Avg Shares	634	607	560	537	517	494	468	454	431	415	409	388	372	341	328
Basic Weighted Avg Shares	631	605	557	533	513	490	468	452	428	412	407	387	371	340	327
Revenue per Share	8.71	9.36	9.96	10.51	10.7	11.06	11.81	12.37	12.38	11.73	12.47	11.56	11.75	12.38	12.4
EBITDA per Share	2.5	2.61	2.46	2.65	2.69	1.53	1.58	3.07	2.79	2.89	3.27	2.76	2.7	2.66	2.83
Operating Income per Share	2.2	2.2	1.99	2.14	2.16	0.99	2.01	2.48	2.18	2.35	2.76	2.29	2.2	2.13	2.32
Basic EPS, GAAP	1.85	1.7	1.43	1.6	1.63	0.52	-1.19	1.89	2.47	1.81	1.98	2.35	1.69	2.75	1.53
Basic EPS from Cont Ops	1.85	1.7	1.43	1.6	1.63	0.52	-1.19	1.89	2.47	1.81	1.98	2.35	1.69	2.75	1.53
Diluted EPS, GAAP	1.84	1.69	1.43	1.59	1.62	0.51	-1.19	1.87	2.46	1.79	1.97	2.34	1.68	2.74	1.53
Diluted EPS from Cont Ops	1.84	1.69	1.43	1.59	1.62	0.51	-1.19	1.87	2.46	1.79	1.97	2.34	1.68	2.74	1.53
Dividend per Share	0.31	0.42	0.5	0.5	0.62	0.64	0.7	0.76	0.8	0.9	0.94	0.94	0.94	0.95	0.95
Cash Flow per Share	1.86	1.96	1.96	1.96	2.09	2.13	1.59	1.82	2.14	2.13	2.57	1.5	2.11	1.2	1.66
Free Cash Flow per Basic Share	1.78	1.86	1.81	1.83	1.91	1.99	1.44	1.52	1.95	1.92	2.31	1.15	1.81	0.85	1.29
Cash & Equivalents per Share	5.51	6.76	8.13	7.84	7.07	6.85	7.52	7.78	8.41	10.01	6.62	3.44	7.78	10.17	9.76
Book Value per Share	1.44	1.64	2.01	2.49	2.8	1.87	-1.07	-0.7	-0.09	0.45	0.9	1.28	1.37	2.87	3.03
Tangible Book Value per Share	-5.09	-5.45	-5.29	-5.02	-4.9	-6.07	-8.29	-8.23	-7.42	-7.02	-5.32	-5.39	-5.52	-4.16	-4.74