General Mills, Inc. Financial Ratios — GIS Stock

Profitability (USD)

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Return on Common Equity (%)	24.51	28.34	27.63	21.18	34.2	35.81	40.71	26.56	28.87	26.7	27.06	24.71	25.16	24.69	-1.06
Return on Assets (%)	7.88	8.48	7.97	5.43	7.8	7.62	8.13	5.77	7.16	7.47	8.6	8.29	7.94	7.11	-0.28
Return on Capital (%)	12.5	13.14	12.18	8.73	12.5	12.33	12.96	9.47	11.22	11.55	12.97	12.73	12.57	11.41	-0.45
Return on Invested Capital (%)	12.11	12.89	11.98	8.61	12.37	11.91	12.31	9.09	10.64	10.61	12.31	12.13	12.03	11.08	-0.08
Gross Margin (%)	36.29	36.14	35.57	33.74	35.2	35.65	34.53	34.13	34.78	35.57	33.71	32.58	34.91	34.55	33.63
EBITDA Margin (%)	18.63	19.35	19.78	15.12	20.02	19.82	19.31	18.59	20.13	20.67	21.3	19.81	20.07	19.73	7.82
Operating Margin (%)	15.99	16.16	16.17	14.87	16.37	17.15	16.43	16.73	16.9	18.58	17.14	15.16	18.5	16.87	15.24
Incremental Operating Margin (%)	- -	18.6	17.64	98.21	- -	3.35	- -	20.94	20.66	78.02	- -	- -	- -	104.13	45.2
Pretax Margin (%)	13.27	14.26	14.82	9.99	14.51	14.54	13.57	12.34	14.75	15.76	16.9	15.63	15.25	14.55	2.2
Profit Margin (%)	9.41	10.44	10.19	6.93	10.25	10.61	13.54	10.39	12.37	12.91	14.25	12.91	12.57	11.78	-0.48
Net Income to Common Margin (%)	9.41	10.44	10.19	6.93	10.25	10.61	13.54	10.39	12.37	12.91	14.25	12.91	12.57	11.78	-0.48
Effective Tax Rate (%)	32.1	29.24	33.27	33.3	31.42	28.85	2.68	17.67	18.48	22.02	18.27	19.49	19.63	20.24	102.17
Dvd Payout Ratio (%)	49.67	44.96	51.8	78.44	60.34	65.06	51.92	64.94	53.37	52.99	45.05	49.06	53.66	57.15	-1,584.7
Sustainable Growth Rate (%)	12.34	15.6	13.32	4.57	13.56	12.51	19.57	9.31	13.46	12.55	14.87	12.59	11.66	10.58	-17.82

Credit (USD)

Credit Ratios API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Total Debt	7,430	7,969	8,786	9,192	8,431	9,482	15,819	14,490	13,919	13,006	11,975	12,065	13,315	15,297	13,940
ST Debt	1,268	2,043	2,362	1,616	1,373	1,839	3,150	2,865	2,713	2,936	2,592	1,843	1,728	2,321	1,224
LT Debt	6,162	5,926	6,424	7,575	7,058	7,643	12,669	11,625	11,206	10,070	9,383	10,222	11,587	12,976	12,716
Total Debt/EBITDA	2.39	2.32	2.48	3.45	2.54	3.06	5.21	4.62	3.92	3.47	2.96	3.03	3.34	3.98	9.67
Net Debt/EBITDA	2.24	2.1	2.24	3.32	2.31	2.82	5.07	4.48	3.34	2.96	2.73	2.79	3.14	3.78	9.08
Total Debt/EBIT	2.9	2.79	2.97	4.42	3.11	3.8	6.54	5.76	4.71	4.14	3.45	3.51	3.88	4.63	15.74
Net Debt/EBIT	2.72	2.53	2.68	4.26	2.83	3.5	6.37	5.58	4.02	3.53	3.18	3.24	3.65	4.39	14.77
EBITDA to Interest Expense	8.58	10.44	11.12	8.11	10.63	10.25	7.88	5.95	7.51	8.76	10.55	10.05	8	7	2.53
EBITDA-CapEx/Interest Expense	6.71	8.58	9.04	5.94	8.29	7.98	6.27	4.93	6.54	7.52	9.07	8.31	6.45	5.86	1.58
EBIT to Interest Expense	7.36	8.72	9.09	7.98	8.69	8.87	6.71	5.35	6.3	7.88	8.49	7.69	7.38	5.99	4.93
Interest Expense	362	330	319	329	312	302	385	527	473	428	383	396	498	549	570
Common Equity/Total Assets	30.44	29.45	28.23	22.89	22.71	19.84	20.05	23.43	26.16	29.74	33.91	33.22	29.86	27.82	24.55
Long-Term Debt/Equity (%)	79.71	73.2	80.4	122.74	114.71	136.57	174.29	146.79	125.99	97.03	86.98	95.53	120.09	140.87	172.29
Long-Term Debt/Capital (%)	40.65	36.89	38.29	49.31	48.39	50.69	54.87	51.87	49.12	43.06	41.22	44.9	50.46	52.95	59.64
Long-Term Debt/Total Assets (%)	29.21	26.15	27.75	34.7	32.51	35.04	41.37	38.61	36.38	31.63	30.18	32.5	36.82	39.24	42.36
Total Debt/Equity (%)	96.11	98.43	109.97	148.93	137.03	169.42	217.63	182.97	156.49	125.33	111.01	112.76	138	166.07	188.88
Total Debt/Capital (%)	49.01	49.61	52.37	59.83	57.81	62.88	68.52	64.66	61.01	55.62	52.61	53	57.98	62.42	65.38
Total Debt/Total Assets (%)	35.22	35.17	37.96	42.1	38.83	43.47	51.65	48.12	45.18	40.85	38.52	38.36	42.31	46.25	46.44
Net Debt to Equity	90.01	89.27	99.11	143.52	124.62	155.74	212.14	177.29	133.37	107.02	102.44	103.93	129.68	157.58	177.28
Net Debt/Capital (%)	47.37	47.17	49.78	58.94	55.48	60.9	67.96	63.94	56.12	50.76	49.79	50.14	55.5	60.12	62.7
EBITDA	3,104	3,440	3,543	2,666	3,316	3,096	3,039	3,136	3,549	3,746	4,046	3,980	3,984	3,844	1,441
EBITDA-CapEx	2,428	2,826	2,879	1,953	2,586	2,411	2,416	2,598	3,088	3,215	3,477	3,291	3,210	3,219	901
Operating Income (Loss)	2,664	2,872	2,896	2,621	2,711	2,679	2,586	2,821	2,978	3,369	3,255	3,045	3,673	3,287	2,807

Liquidity (USD)

Liquidity Ratios API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Cash Ratio	0.12	0.14	0.16	0.07	0.15	0.14	0.05	0.06	0.22	0.23	0.1	0.09	0.06	0.05	0.07
Current Ratio	0.96	0.81	0.81	0.75	0.79	0.76	0.56	0.59	0.68	0.7	0.63	0.69	0.65	0.67	0.68
Quick Ratio	0.5	0.46	0.47	0.4	0.46	0.45	0.31	0.34	0.46	0.45	0.35	0.36	0.33	0.29	0.35
CFO/Avg Current Liab	0.64	0.64	0.47	0.49	0.56	0.47	0.45	0.39	0.5	0.38	0.41	0.36	0.45	0.39	0.3
Common Equity/Total Assets	30.44	29.45	28.23	22.89	22.71	19.84	20.05	23.43	26.16	29.74	33.91	33.22	29.86	27.82	24.55
Long-Term Debt/Equity (%)	79.71	73.2	80.4	122.74	114.71	136.57	174.29	146.79	125.99	97.03	86.98	95.53	120.09	140.87	172.29
Long-Term Debt/Capital (%)	40.65	36.89	38.29	49.31	48.39	50.69	54.87	51.87	49.12	43.06	41.22	44.9	50.46	52.95	59.64
Long-Term Debt/Total Assets (%)	29.21	26.15	27.75	34.7	32.51	35.04	41.37	38.61	36.38	31.63	30.18	32.5	36.82	39.24	42.36
Total Debt/Equity (%)	96.11	98.43	109.97	148.93	137.03	169.42	217.63	182.97	156.49	125.33	111.01	112.76	138	166.07	188.88
Total Debt/Capital (%)	49.01	49.61	52.37	59.83	57.81	62.88	68.52	64.66	61.01	55.62	52.61	53	57.98	62.42	65.38
Total Debt/Total Assets (%)	35.22	35.17	37.96	42.1	38.83	43.47	51.65	48.12	45.18	40.85	38.52	38.36	42.31	46.25	46.44
CFO/Total Liabilities	18.01	20.09	16.77	16.24	17.77	14.89	12.16	12.65	16.78	13.9	16.33	13.39	15.13	12.23	9.57
CFO/CapEx	3.56	4.77	3.83	3.57	3.79	3.53	4.56	5.22	7.98	5.62	5.83	4.03	4.27	4.67	4.01
Altman's Z-Score	- -	- -	- -	- -	- -	- -	5.11	5.68	5.84	5.79	6.6	6.95	7.04	6.33	6.34

Working Capital (USD)

Working Capital Ratios API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Accounts Receivable Turnover	13.4	12.83	12.22	12.28	12.06	11.19	10.11	10.03	10.7	11.14	11.41	11.91	11.75	11.16	10.7
Days Sales Outstanding	27.23	28.44	29.86	29.71	30.27	32.61	36.11	36.4	34.11	32.76	32	30.66	31.06	32.7	34.1
Inventory Turnover	6.87	7.51	7.43	7.54	7.27	6.94	6.59	6.94	7.7	7.19	6.83	6.71	6.35	6.7	6.39
Days Inventory Outstanding	53.1	48.63	49.1	48.44	50.24	52.6	55.36	52.6	47.39	50.74	53.45	54.41	57.47	54.51	57.14
Accounts Payable Turnover	9.78	8.88	7.61	7.08	5.69	4.86	4.3	3.94	3.72	3.5	3.31	3.39	3.09	3.19	3.16
Accounts Payable Turnover Days	37.33	41.12	47.93	51.57	64.19	75.12	84.87	92.7	97.99	104.32	110.27	107.72	118.03	114.33	115.43
Cash Conversion Cycle	43.01	35.95	31.03	26.58	16.32	10.09	6.6	-3.7	-16.49	-20.83	-24.81	-22.65	-29.5	-27.12	-24.19
Inventory to Cash Days	-25.87	-20.19	-19.25	-18.73	-19.96	-19.99	-19.25	-16.2	-13.28	-17.98	-21.45	-23.76	-26.41	-21.8	-23.04
Inventories	1,479	1,546	1,559	1,541	1,414	1,484	1,642	1,559	1,426	1,821	1,867	2,172	1,898	1,911	1,918
Raw Materials	334	403	419	391	397	395	400	435	392	412	532	572	501	460	488
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	1,212	1,229	1,260	1,269	1,163	1,224	1,364	1,246	1,143	1,507	1,635	2,067	1,828	1,884	1,914
Other Inventory	155	136	97	96	73	73	91	92	94	111	164	134	111	113	102

Enterprise Value (USD)

Enterprise Value API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Market Capitalization	- -	- -	- -	- -	- -	- -	25,294	29,633	37,975	38,372	41,485	49,455	37,953	29,368	18,098
- Cash & Cash Equivalents	471	741	867	334	764	766	399	450	1,678	1,505	569	586	418	364	454
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	1,309	1,424	1,455	1,175	1,223	1,269	1,128	865	836	908	246	250	252	12	12
+ Total Debt	7,430	7,969	8,786	9,192	8,431	9,482	15,819	14,490	13,919	13,006	11,975	12,065	13,315	15,297	13,940
Enterprise Value	- -	- -	- -	- -	- -	- -	41,841	44,538	51,052	50,421	52,886	61,067	51,102	44,313	31,597
Total Capital	15,160	16,065	16,775	15,363	14,584	15,078	23,087	22,409	22,813	23,385	22,763	22,765	22,964	24,508	21,321
Total Debt/Capital (%)	49.01	49.61	52.37	59.83	57.81	62.88	68.52	64.66	61.01	55.62	52.61	53	57.98	62.42	65.38
Total Debt / EV	- -	- -	- -	- -	- -	- -	0.38	0.33	0.27	0.26	0.23	0.2	0.26	0.35	0.44
EV/Sales	- -	- -	- -	- -	- -	- -	2.66	2.64	2.9	2.78	2.78	3.04	2.57	2.27	1.71
EV/EBITDA	- -	- -	- -	- -	- -	- -	13.77	14.2	14.39	13.46	13.07	15.34	12.83	11.53	21.93
EV/EBIT	- -	- -	- -	- -	- -	- -	17.29	17.7	17.28	16.03	15.22	17.78	14.89	13.41	35.67
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	13.01	13.74	12.57	15.2	14.57	19.72	13.8	13.2	14.67
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	16.13	16.47	14.18	18.1	17.28	25.36	17.45	16.23	19.58
Diluted Market Cap	- -	- -	- -	- -	- -	- -	24,978	29,805	38,193	39,092	42,434	50,686	39,338	30,185	18,235
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	41,525	44,710	51,270	51,141	53,835	62,298	52,486	45,130	31,733
EV per Share	- -	- -	- -	- -	- -	- -	70.55	74	83.72	82.97	88.31	104.1	91.4	81.7	59.21
TTM Sales	16,658	17,774	17,910	17,630	16,563	15,620	15,740	16,865	17,627	18,127	18,993	20,094	19,857	19,487	18,425
TTM EBITDA	3,104	3,440	3,543	2,666	3,316	3,096	3,039	3,136	3,549	3,746	4,046	3,980	3,984	3,844	1,441
TTM Operating Income	2,664	2,872	2,896	2,621	2,711	2,679	2,586	2,821	2,978	3,369	3,255	3,045	3,673	3,287	2,807
TTM Cash Flow to Firm	2,653	3,159	2,754	2,762	2,978	2,630	3,216	3,241	4,061	3,317	3,629	3,097	3,703	3,356	2,154
TTM Free Cash Flow to Firm	1,977	2,545	2,090	2,050	2,249	1,946	2,593	2,704	3,601	2,786	3,061	2,408	2,929	2,731	1,614

Multiples (USD)

Valuation Multiples API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	11.26	13.13	11.88	15.94	15.44	24.26	15.56	13.16	11.21
EV/EBIT	- -	- -	- -	- -	- -	- -	17.29	17.7	17.28	16.03	15.22	17.78	14.89	13.41	35.67
Enterprise Value	- -	- -	- -	- -	- -	- -	41,841	44,538	51,052	50,421	52,886	61,067	51,102	44,313	31,597
Low Price	- -	- -	- -	- -	- -	- -	41.58	36.66	48.04	54.37	56.67	65.99	61.24	52.78	32.99
EV/Sales	- -	- -	- -	- -	- -	- -	2.66	2.64	2.9	2.78	2.78	3.04	2.57	2.27	1.71
EV/EBITDA	- -	- -	- -	- -	- -	- -	13.77	14.2	14.39	13.46	13.07	15.34	12.83	11.53	21.93
Price/Earnings	- -	- -	- -	- -	- -	- -	11.54	16.87	17.36	16.57	15.54	19.33	15.65	13.08	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	11.5	15.6	15.1	15.92	14.42	18.27	15.81	15.51	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	11.69	18.37	17.87	17.4	16.72	20.83	19.67	18.3	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	11.26	12.56	13.39	14.27	12.72	15.13	14.12	12.75	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	4.12	4.2	4.71	4.05	3.94	4.73	4.04	3.19	2.46
Price/Book Value Average	- -	- -	- -	- -	- -	- -	4.1	3.88	4.1	3.89	3.65	4.47	4.08	3.78	3.31
Price/Book Value High	- -	- -	- -	- -	- -	- -	4.17	4.58	4.85	4.25	4.23	5.1	5.08	4.47	3.99
Price/Book Value Low	- -	- -	- -	- -	- -	- -	4.02	3.13	3.63	3.49	3.22	3.7	3.64	3.11	2.39
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	-1.65	-2.1	-2.93	-3.27	-3.83	-4.48	-3.08	-2.17	-1.34
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	-1.64	-1.94	-2.55	-3.14	-3.55	-4.24	-3.11	-2.58	-1.81
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	-1.67	-2.29	-3.02	-3.43	-4.12	-4.83	-3.87	-3.04	-2.18
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	-1.6	-1.56	-2.26	-2.81	-3.13	-3.51	-2.78	-2.12	-1.31
Price/Sales	- -	- -	- -	- -	- -	- -	1.56	1.75	2.15	2.14	2.22	2.5	1.97	1.54	0.99
Price/Sales Average	- -	- -	- -	- -	- -	- -	1.56	1.62	1.87	2.06	2.06	2.36	1.99	1.83	1.33
Price/Sales High	- -	- -	- -	- -	- -	- -	1.58	1.91	2.21	2.25	2.38	2.69	2.47	2.16	1.61
Price/Sales Low	- -	- -	- -	- -	- -	- -	1.52	1.31	1.66	1.84	1.81	1.95	1.77	1.5	0.96
Price/Cash Flow	- -	- -	- -	- -	- -	- -	8.66	10.53	10.3	13	12.69	18.05	11.83	10.29	8.42
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	8.63	9.74	8.96	12.49	11.77	17.05	11.95	12.2	11.35
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	8.77	11.47	10.6	13.65	13.65	19.44	14.87	14.39	13.68
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	8.44	7.84	7.95	11.19	10.38	14.13	10.67	10.03	8.19
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	11.22	12.14	10.33	15.32	14.33	22.93	15.72	15.61	15.12
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	11.4	14.31	12.23	16.74	16.62	26.14	19.56	18.42	18.22
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	10.98	9.78	9.16	13.72	12.64	18.99	14.03	12.83	10.91
EV/Sales Average	- -	- -	- -	- -	- -	- -	2.65	2.51	2.62	2.7	2.63	2.9	2.59	2.55	2.06
EV/Sales High	- -	- -	- -	- -	- -	- -	2.68	2.8	2.96	2.89	2.95	3.23	3.06	2.88	2.33
EV/Sales Low	- -	- -	- -	- -	- -	- -	2.62	2.19	2.4	2.49	2.39	2.5	2.39	2.24	1.69
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	13.74	13.49	12.99	13.06	12.33	14.66	12.93	12.94	26.3
EV/EBITDA High	- -	- -	- -	- -	- -	- -	13.87	15.05	14.7	13.97	13.85	16.3	15.27	14.58	29.77
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	13.56	11.79	11.94	12.04	11.21	12.64	11.89	11.34	21.59
EV/EBIT Average	- -	- -	- -	- -	- -	- -	17.25	16.82	15.61	15.56	14.35	16.99	15.01	15.06	42.79
EV/EBIT High	- -	- -	- -	- -	- -	- -	17.42	18.76	17.66	16.64	16.12	18.9	17.73	16.96	48.43
EV/EBIT Low	- -	- -	- -	- -	- -	- -	17.03	14.7	14.34	14.34	13.04	14.65	13.81	13.19	35.12
Last Price	- -	- -	- -	- -	- -	- -	42.65	49.23	62.28	63.14	69.27	84.31	67.88	54.14	33.91
High Price	- -	- -	- -	- -	- -	- -	43.18	53.64	64.1	66.31	74.53	90.82	85.33	75.75	55.1
Enterprise Value Average	- -	- -	- -	- -	- -	- -	41,752	42,307	46,109	48,922	49,888	58,345	51,503	49,758	37,904
Enterprise Value High	- -	- -	- -	- -	- -	- -	42,159	47,188	52,165	52,343	56,035	64,887	60,858	56,034	42,903
Enterprise Value Low	- -	- -	- -	- -	- -	- -	41,210	36,973	42,369	45,088	45,339	50,320	47,386	43,574	31,106

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	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	2026 Y
As of date	05/31/2012	05/31/2013	05/31/2014	05/31/2015	05/31/2016	05/31/2017	05/31/2018	05/31/2019	05/31/2020	05/31/2021	05/31/2022	05/31/2023	05/31/2024	05/31/2025	05/31/2026

Shares Outstanding	649	641	612	599	597	577	593	602	610	608	599	587	559	542	534
Diluted Weighted Avg Shares	667	666	646	615	611	598	586	605	613	619	613	601	580	558	538
Basic Weighted Avg Shares	648	649	629	600	598	587	577	600	608	614	608	595	576	555	538
Revenue per Share	25.7	27.4	28.49	29.39	27.68	26.61	27.29	28.09	28.99	29.52	31.26	33.78	34.5	35.14	34.27
EBITDA per Share	4.79	5.3	5.64	4.44	5.54	5.27	5.27	5.22	5.84	6.1	6.66	6.69	6.92	6.93	2.68
Operating Income per Share	4.11	4.43	4.61	4.37	4.53	4.56	4.48	4.7	4.9	5.49	5.36	5.12	6.38	5.93	5.22
Basic EPS, GAAP	2.42	2.86	2.9	2.04	2.84	2.82	3.69	2.92	3.59	3.81	4.46	4.36	4.34	4.14	-0.16
Basic EPS from Cont Ops	2.45	2.92	2.96	2.1	2.9	2.9	3.75	2.98	3.64	3.82	4.5	4.39	4.38	4.18	-0.16
Diluted EPS, GAAP	2.35	2.79	2.83	1.99	2.78	2.77	3.64	2.9	3.56	3.78	4.42	4.31	4.31	4.12	-0.16
Diluted EPS from Cont Ops	2.38	2.84	2.88	2.05	2.84	2.84	3.69	2.95	3.6	3.79	4.46	4.34	4.35	4.16	-0.16
Dividend per Share	1.23	1.34	1.56	1.7	1.79	1.93	1.98	1.97	1.97	2.03	2.05	2.17	2.37	2.41	2.45
Cash Flow per Share	3.71	4.51	4.04	4.24	4.62	4.11	4.93	4.68	6.05	4.86	5.46	4.67	5.74	5.26	4.03
Free Cash Flow per Basic Share	2.67	3.56	2.99	3.05	3.4	2.95	3.85	3.78	5.29	3.99	4.52	3.51	4.39	4.14	3.02
Cash & Equivalents per Share	0.73	1.16	1.42	0.56	1.28	1.33	0.67	0.75	2.75	3.07	1.37	1.2	0.75	0.67	0.85
Book Value per Share	9.9	10.41	10.67	8.35	8.26	7.5	10.35	11.72	13.21	15.58	17.6	17.81	16.81	16.96	13.81
Tangible Book Value per Share	-9.97	-10.87	-11.64	-14.29	-13.99	-15.51	-25.91	-23.44	-21.25	-19.32	-18.09	-18.8	-22.06	-24.9	-25.24