Texas Pacific Land Corporation

TPL

TPLTexas Pacific Land Corporation US flag

New York Stock Exchange

416.31

USD

+10.44

- -

28.71BMarket Cap

Income Statement (USD)

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

Sales/Revenue/Turnover	34	33	44	55	79	66	155	300	490	303	451	667	632	706	798
+ Sales & Services Revenue	34	33	44	55	79	66	155	300	490	303	451	667	632	706	798
- Cost of Revenue	- -	- -	- -	- -	- -	- -	1	14	30	33	29	33	48	71	116
+ Cost of Goods & Services	- -	- -	- -	- -	- -	- -	1	14	30	33	29	33	48	71	116
Gross Profit	34	33	44	55	79	66	154	286	461	270	421	635	583	635	682
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	4	3	4	4	4	3	9	26	61	53	59	72	97	95	90
+ Selling, General & Admin	3	2	3	2	3	3	9	26	61	53	59	63	90	88	82
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	1	1	1	2	1	- -	- -	- -	- -	- -	- -	9	7	7	8
Operating Income (Loss)	31	29	40	51	75	63	145	261	400	217	362	562	486	539	592
- Non-Operating (Income) Loss	- -	- -	- -	- -	- -	- -	- -	-1	-3	-2	-1	-7	-32	-40	-18
+ Interest Expense, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6	-29	-32	-17
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6	29	32	18
+ Other Non-Op (Income) Loss	- -	- -	- -	- -	- -	- -	- -	-1	-3	-2	-1	- -	-3	-8	-1
Pretax Income	31	29	40	51	75	63	145	262	402	220	363	569	518	579	610
- Income Tax Expense (Benefit)	10	10	13	17	25	21	48	52	84	44	93	122	112	125	129
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	21	20	27	35	50	42	97	210	319	176	270	446	406	454	481
- Net Extraordinary Losses (Gains)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	21	20	27	35	50	42	97	210	319	176	270	446	406	454	481
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	21	20	27	35	50	42	97	210	319	176	270	446	406	454	481
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	21	20	27	35	50	42	97	210	319	176	270	446	406	454	481
EBIT	31	29	40	51	75	63	145	261	400	217	362	562	486	539	592
EBITDA	31	29	40	51	75	63	145	263	408	232	379	578	501	564	655
EBITDA Margin (%)	89.65	89.97	91.02	93.18	94.79	95.23	93.98	87.74	83.28	76.56	83.97	86.55	79.29	79.95	82.02
EBITA	31	29	40	51	75	63	145	261	400	217	362	562	486	539	592
Gross Margin (%)	99.86	99.95	99.96	99.96	99.97	99.93	99.44	95.41	93.9	89.23	93.46	95.08	92.35	89.9	85.46
Operating Margin (%)	89.61	89.92	90.98	93.14	94.76	95.16	93.74	86.88	81.46	71.81	80.36	84.25	76.96	76.38	74.19
Profit Margin (%)	60.04	60.29	61.71	62.98	63.01	63.95	62.88	69.86	64.98	58.19	59.87	66.88	64.23	64.32	60.31
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	0.02	0.05	- -	0.03	0.03	0.03	0.15	0.45	0.67	2.89	1.22	3.56	1.45	5.04	- -
Depreciation Expense	- -	- -	- -	- -	- -	- -	- -	3	9	14	16	15	15	25	63
Basic Weighted Avg Shares	84	80	77	76	74	72	71	70	70	70	70	69	69	69	- -
Basic EPS, GAAP	0.25	0.24	0.35	0.46	0.68	0.59	1.38	2.99	4.57	2.52	3.87	6.42	5.87	6.58	- -
Basic EPS from Cont Ops	0.25	0.24	0.35	0.46	0.68	0.59	1.38	2.99	4.57	2.52	3.87	6.42	5.87	6.58	- -
Diluted Weighted Avg Shares	84	80	77	76	74	72	71	70	70	70	70	70	69	69	69
Diluted EPS, GAAP	0.25	0.24	0.35	0.46	0.68	0.59	1.38	2.99	4.57	2.52	3.87	6.42	5.86	6.57	6.97
Diluted EPS from Cont Ops	0.25	0.24	0.35	0.46	0.68	0.59	1.38	2.99	4.57	2.52	3.87	6.42	5.86	6.57	6.97

Balance Sheet (USD)

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 Current Assets	26	20	21	32	49	56	99	182	367	333	527	633	862	503	319
+ Cash, Cash Equivalents & STI	13	8	13	27	45	49	80	120	304	281	428	511	725	370	145
+ Cash & Cash Equivalents	13	8	13	27	45	49	80	120	304	281	428	511	725	370	145
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	13	11	8	4	4	7	18	49	63	48	95	104	129	127	165
+ Accounts Receivable, Net	3	3	4	3	4	7	18	49	63	48	95	104	129	127	165
+ Notes Receivable, Net	10	8	4	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventories	1	1	1	1	1	1	1	10	107	109	109	110	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	1	1	1	1	1	1	1	10	107	109	109	110	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	-1	-1	-1	- -	-1	-1	- -	3	-107	-105	-106	-91	8	7	10
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	1	1	2	1	1	6	21	103	232	239	238	244	294	745	1,304
+ Property, Plant & Equip, Net	- -	- -	- -	- -	- -	1	20	89	120	127	126	133	138	556	1,018
+ Property, Plant & Equip	- -	- -	- -	- -	- -	1	20	92	132	153	166	186	200	627	1,142
- Accumulated Depreciation	- -	- -	- -	- -	- -	- -	- -	3	12	26	41	53	62	70	124
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	50
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	50
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	1	1	1	1	1	5	2	14	111	112	112	111	156	189	236
+ Total Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21	35	33
+ Goodwill	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21	35	33
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	1	1	1	1	1	5	2	14	111	112	112	111	135	153	203
Total Assets	27	21	22	33	50	62	120	285	598	572	764	877	1,156	1,248	1,623
+ Payables & Accruals	3	1	1	1	2	3	6	12	24	17	47	35	38	40	52
+ Accounts Payable	1	1	1	1	1	1	6	11	19	13	18	23	23	27	40
+ Accrued Taxes	1	- -	1	1	1	2	1	2	5	4	29	12	16	13	13
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	22	20	22	25	21	21
+ Deferred Revenue	1	- -	- -	- -	- -	- -	- -	- -	- -	22	20	22	25	21	21
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	3	1	1	1	2	3	6	12	24	40	68	57	63	60	74
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	3	2	1	2	1	- -	16
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	3	2	1	2	1	- -	16
+ Other LT Liabilities	4	4	3	5	3	12	8	28	58	45	43	46	49	55	75
+ Accrued Liabilities	4	3	3	4	3	12	8	28	58	43	43	46	49	54	- -
+ Pension Liabilities	1	1	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	1	- -	- -	1	75
Total Noncurrent Liabilities	4	4	3	5	3	12	8	28	62	47	45	48	50	55	91
Total Liabilities	7	6	4	6	5	15	15	40	86	86	112	105	113	116	164
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8	15	20	11
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1
+ Additional Paid in Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8	15	20	10
- Treasury Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15	104	145	169	151
+ Retained Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	668	866	1,172	1,278	1,595
+ Other Equity	-1	-1	-1	-1	-1	-1	-1	-1	-1	-3	-1	3	2	4	4
Equity Before Minority Interest	21	16	18	27	46	48	105	245	512	485	652	773	1,043	1,132	1,459
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	21	16	18	27	46	48	105	245	512	485	652	773	1,043	1,132	1,459
Total Liabilities & Equity	27	21	22	33	50	62	120	285	598	572	764	877	1,156	1,248	1,623
Shares Outstanding	83	79	76	75	73	71	70	70	70	70	70	69	69	69	69
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	3	2	1	2	1	- -	16
Net Debt	-13	-8	-13	-27	-45	-49	-80	-120	-304	-281	-428	-511	-725	-370	-145
Net Debt to Equity	-63.41	-54.02	-73.84	-100.36	-98.52	-103.77	-75.72	-48.9	-59.29	-57.93	-65.71	-66.09	-69.51	-32.66	-9.93
Tangible Common Equity Ratio	74.9	73.61	80.2	80.72	90.59	76.25	87.56	85.83	85.62	84.88	85.3	88.09	90.03	90.47	89.67
Current Ratio	10.24	13.97	15.16	22.78	29.29	18.32	15.26	14.99	14.99	8.41	7.8	11.15	13.68	8.33	4.34
Cash Conversion Cycle	3,875.41	1,087.38	3,528.42	5,194.4	-4,937.49	2,360.23	-856.43	67.23	715.4	1,099.84	1,214.88	1,044.84	618.23	-60.52	-37.96

Cash Flow Statement (USD)

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

+ Net Income	21	20	27	35	50	42	97	210	319	176	270	446	406	454	481
+ Depreciation & Amortization	- -	- -	- -	- -	- -	- -	- -	3	9	14	16	15	15	25	63
+ Non-Cash Items	-1	-1	-1	-1	- -	-1	1	15	4	-4	- -	10	12	12	22
+ Stock-Based Compensation	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8	10	12	15
+ Deferred Income Taxes	-1	-1	-1	-1	- -	-1	1	15	26	-2	- -	1	1	5	7
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	- -	- -	- -	- -	- -	- -	- -	- -	-22	-1	- -	- -	- -	-5	- -
+ Chg in Non-Cash Work Cap	5	1	3	5	- -	- -	-5	-32	11	20	-21	-24	-14	-1	-20
+ (Inc) Dec in Accts Receiv	3	2	3	4	-1	-1	-8	-29	-10	28	-48	-14	-24	-1	-53
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	-1	1	- -	-1	-8	9	- -	- -	-5	5	- -	-4
+ Inc (Dec) in Accts Payable	1	-1	- -	3	- -	1	4	6	4	-1	25	-18	4	-3	- -
+ Inc (Dec) in Other	- -	- -	- -	- -	- -	- -	- -	- -	8	-6	1	12	2	2	37
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	24	20	30	39	50	41	94	195	343	207	265	447	418	491	546
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	- -	- -	- -	- -	- -	-1	-19	-96	-42	-39	-16	-21	-40	-425	-514
+ Acq of Fixed Prod Assets	- -	- -	- -	- -	- -	-1	-19	-72	-37	-22	-16	-21	-19	-425	-514
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	-24	-5	-17	- -	- -	-21	- -	- -
+ Cash (Repurchase) of Equity	-16	-20	-25	-23	-29	-33	-34	-38	-4	- -	-20	-88	-43	-29	-8
+ Increase in Capital Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Decrease in Capital Stock	-16	-20	-25	-23	-29	-33	-34	-38	-4	- -	-20	-88	-43	-29	-8
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-45	-46
+ Cash from Divestitures	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-45	-50
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	15	-70	13	-1	-1	-20	-1	-36
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	- -	- -	- -	- -	- -	-1	-19	-82	-112	-26	-15	-21	-60	-472	-596
+ Dividends Paid	-2	-4	- -	-2	-2	-3	-11	-32	-47	-202	-85	-247	-100	-347	-148
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-2	-2	-2	-20
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-18	-24	-25	-25	-31	-36	-45	-70	-51	-202	-105	-337	-145	-378	-176
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Changes in Cash	6	-5	5	14	18	4	30	44	180	-21	145	89	213	-359	-226
EBITDA	31	29	40	51	75	63	145	263	408	232	379	578	501	564	655
EBITDA Margin (%)	89.65	89.97	91.02	93.18	94.79	95.23	93.98	87.74	83.28	76.56	83.97	86.55	79.29	79.95	82.02
Free Cash Flow	24	20	30	39	49	40	75	99	301	168	250	426	378	65	32
Net Cash Paid for Acquisitions	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	45	46
Free Cash Flow to Firm	24	20	30	39	49	40	75	99	301	168	250	426	378	65	33
Free Cash Flow to Equity	24	20	30	39	49	40	75	123	306	185	251	426	400	65	32
Free Cash Flow per Basic Share	0.28	0.25	0.39	0.51	0.67	0.56	1.06	1.41	4.31	2.41	3.58	6.13	5.47	0.95	- -
Price/Free Cash Flow	15.85	23.94	28.55	25.47	21.56	56.53	31.16	14.45	15.74	22.92	34.49	38.7	26.37	27.8	18.71
Cash Flow to Net Income	1.16	1.01	1.1	1.12	0.99	0.97	0.97	0.93	1.08	1.18	0.98	1	1.03	1.08	1.13
Capital Expenditures	- -	- -	- -	- -	- -	-1	-19	-96	-42	-39	-16	-21	-40	-425	-514