WEC Energy Group, Inc. Financial Ratios — WEC 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 (%)	13.45	13.39	13.7	13.5	9.74	10.68	13.09	11.01	11.4	11.66	12.16	12.63	11.53	12.66	11.98
Return on Assets (%)	3.91	3.88	3.98	3.97	2.89	3.16	3.9	3.26	3.32	3.34	3.42	3.49	3.11	3.35	3.15
Return on Capital (%)	7.49	7.53	7.79	7.7	5.83	6.24	7.67	6.85	7.11	6.74	6.63	6.57	6.57	7.01	6.89
Return on Invested Capital (%)	6.48	6.89	7.25	7.24	5.22	5.57	6.84	6.05	6.22	6.03	5.8	5.67	5.57	5.91	6.03
Gross Margin (%)	29.67	34.99	34.01	32.52	33.36	35.51	36.21	32.7	35.35	39.91	36.07	34.39	40.5	44.02	42.18
EBITDA Margin (%)	27.28	32.31	32.66	30.6	30.95	32.91	33.66	30.13	32.67	37.04	33.54	31.75	35.67	40.78	37.99
Operating Margin (%)	19.78	23.56	23.9	22.25	21.1	22.7	23.22	19.12	20.36	23.56	20.62	20.05	23.47	25.17	24.23
Incremental Operating Margin (%)	96.97	- -	29.27	6.69	14.9	28.83	45.29	- -	- -	- -	0.82	16.33	- -	- -	17.5
Pretax Margin (%)	17.31	20.08	20.28	19.04	18.12	20.16	20.77	16.02	16.74	19.74	18.02	18.05	17.28	20.31	17.08
Profit Margin (%)	11.73	12.87	12.8	11.8	10.8	12.58	15.75	13.81	15.09	16.59	15.65	14.68	14.99	17.77	15.9
Net Income to Common Margin (%)	11.73	12.87	12.78	11.77	10.77	12.57	15.74	13.79	15.07	16.57	15.64	14.67	14.97	17.76	15.89
Effective Tax Rate (%)	33.98	35.93	36.87	38.03	40.39	37.6	24.14	13.8	9.92	15.94	13.36	18.64	13.32	12.71	7.05
Dvd Payout Ratio (%)	47.19	50.58	56.75	59.63	71.04	66.42	54.44	65.71	65.6	66.37	65.95	65.06	73.95	69.45	73.92
Sustainable Growth Rate (%)	7.1	6.62	5.92	5.45	2.82	3.59	5.96	3.77	3.92	3.92	4.14	4.41	3	3.87	3.12

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	5,317	5,261	5,243	5,212	10,377	10,176	11,033	11,799	12,735	14,291	15,590	17,295	18,798	20,327	22,314
ST Debt	703	807	880	1,042	1,253	1,017	2,287	1,805	1,524	2,563	2,066	2,528	3,285	2,846	3,444
LT Debt	4,614	4,454	4,363	4,171	9,124	9,158	8,747	9,994	11,211	11,728	13,524	14,766	15,513	17,481	18,870
Total Debt/EBITDA	4.34	3.83	3.55	3.41	5.66	4.14	4.29	5.1	5.18	5.33	5.59	5.68	5.93	5.8	5.99
Net Debt/EBITDA	4.33	3.81	3.53	3.37	5.63	4.12	4.27	5.06	5.15	5.3	5.54	5.61	5.87	5.71	5.89
Total Debt/EBIT	5.99	5.26	4.85	4.69	8.3	6	6.21	8.04	8.32	8.38	9.09	8.99	9.85	9.44	9.94
Net Debt/EBIT	5.98	5.22	4.83	4.63	8.26	5.98	6.19	7.98	8.26	8.32	9.01	8.88	9.75	9.3	9.76
EBITDA to Interest Expense	5.19	5.53	5.88	6.36	5.53	6.11	6.19	5.2	4.9	5.43	5.92	5.91	4.36	4.3	4.16
EBITDA-CapEx/Interest Expense	5.19	5.53	5.88	6.36	5.53	6.11	6.19	5.2	4.9	5.43	5.92	5.88	4.36	4.3	4.16
EBIT to Interest Expense	3.76	4.03	4.3	4.63	3.77	4.21	4.27	3.3	3.05	3.46	3.64	3.74	2.87	2.66	2.65
Interest Expense	236	248	251	240	331	403	416	445	502	494	471	515	727	815	895
Common Equity/Total Assets	28.81	29.16	28.87	29.86	29.48	29.64	29.95	29.24	28.94	28.28	27.99	27.17	26.68	26.17	26.42
Long-Term Debt/Equity (%)	115.54	106.92	102.34	93.72	105.05	102.21	92.15	101.54	109.33	109.99	121.69	127.11	128.51	136.55	134.28
Long-Term Debt/Capital (%)	49.56	47.25	45.9	43.16	47.87	47.86	42.61	46.18	48.77	47	50.64	51.07	50.25	52.77	51.89
Long-Term Debt/Total Assets (%)	33.29	31.18	29.54	27.98	31.08	30.4	27.69	29.85	32.08	31.67	34.69	35.27	35.3	36.91	36.63
Total Debt/Equity (%)	133.13	126.29	122.97	117.13	119.48	113.56	116.24	119.88	124.19	134.03	140.28	148.88	155.72	158.78	158.79
Total Debt/Capital (%)	57.11	55.81	55.15	53.94	54.44	53.18	53.76	54.52	55.39	57.27	58.38	59.82	60.89	61.36	61.36
Total Debt/Total Assets (%)	38.35	36.83	35.5	34.97	35.35	33.78	34.93	35.25	36.44	38.59	39.99	41.3	42.78	42.92	43.31
Net Debt to Equity	132.78	125.43	122.36	115.74	118.9	113.15	115.83	119.02	123.37	133.2	138.97	147.05	154.16	156.34	155.94
Net Debt/Capital (%)	57.04	55.64	55.03	53.65	54.32	53.08	53.67	54.34	55.12	56.97	57.87	59.15	60.37	60.43	60.31
EBITDA	1,224	1,372	1,476	1,529	1,834	2,459	2,575	2,314	2,458	2,682	2,789	3,047	3,172	3,507	3,723
EBITDA-CapEx	1,224	1,372	1,476	1,529	1,834	2,459	2,575	2,314	2,458	2,682	2,789	3,028	3,172	3,507	3,723
Operating Income (Loss)	887	1,000	1,080	1,112	1,251	1,696	1,776	1,468	1,531	1,706	1,715	1,924	2,087	2,165	2,375

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	0.01	0.02	0.02	0.04	0.02	0.02	0.01	0.03	0.01	0.01	- -	0.01	0.01	- -	- -
Current Ratio	1.05	0.88	1.04	0.77	0.81	0.89	0.57	0.67	0.66	0.5	0.71	0.69	0.55	0.6	0.59
Quick Ratio	0.57	0.42	0.5	0.42	0.4	0.53	0.36	0.41	0.38	0.3	0.41	0.4	0.3	0.35	0.37
CFO/Avg Current Liab	0.64	0.84	0.84	0.76	0.59	0.82	0.66	0.68	0.72	0.6	0.51	0.49	0.62	0.65	0.65
Common Equity/Total Assets	28.81	29.16	28.87	29.86	29.48	29.64	29.95	29.24	28.94	28.28	27.99	27.17	26.68	26.17	26.42
Long-Term Debt/Equity (%)	115.54	106.92	102.34	93.72	105.05	102.21	92.15	101.54	109.33	109.99	121.69	127.11	128.51	136.55	134.28
Long-Term Debt/Capital (%)	49.56	47.25	45.9	43.16	47.87	47.86	42.61	46.18	48.77	47	50.64	51.07	50.25	52.77	51.89
Long-Term Debt/Total Assets (%)	33.29	31.18	29.54	27.98	31.08	30.4	27.69	29.85	32.08	31.67	34.69	35.27	35.3	36.91	36.63
Total Debt/Equity (%)	133.13	126.29	122.97	117.13	119.48	113.56	116.24	119.88	124.19	134.03	140.28	148.88	155.72	158.78	158.79
Total Debt/Capital (%)	57.11	55.81	55.15	53.94	54.44	53.18	53.76	54.52	55.39	57.27	58.38	59.82	60.89	61.36	61.36
Total Debt/Total Assets (%)	38.35	36.83	35.5	34.97	35.35	33.78	34.93	35.25	36.44	38.59	39.99	41.3	42.78	42.92	43.31
CFO/Total Liabilities	10.07	11.6	11.73	11.47	6.26	9.94	9.41	10.35	9.5	8.33	7.29	6.81	9.47	9.29	9.02
CFO/CapEx	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	107.33	- -	- -	- -
Altman's Z-Score	1.4	1.4	1.48	1.65	1.06	1.23	1.23	1.18	1.32	1.23	1.28	1.22	1.08	1.08	1.1

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	12.93	13.38	13.07	9.52	7.09	6.58	5.9	5.84	6.12	6.09	6.14	5.77	5.35	5.42	5.25
Days Sales Outstanding	28.23	27.28	27.92	38.33	51.49	55.45	61.86	62.54	59.61	59.96	59.44	63.21	68.17	67.32	69.5
Inventory Turnover	8.29	7.43	8.64	9.24	7.26	7.56	8.66	9.51	8.86	8.07	9.13	8.73	6.69	6.06	7.01
Days Inventory Outstanding	44.02	49.1	42.23	39.51	50.26	48.27	42.14	38.39	41.2	45.23	39.97	41.82	54.57	60.22	52.06
Accounts Payable Turnover	9.85	7.89	8.3	9.75	7.19	5.63	5.61	5.96	5.45	4.84	5.75	5.87	5.02	4.77	4.97
Accounts Payable Turnover Days	37.05	46.24	43.97	37.42	50.78	64.85	65.04	61.2	66.94	75.39	63.47	62.18	72.68	76.49	73.47
Cash Conversion Cycle	35.21	30.13	26.18	40.42	50.96	38.87	38.96	39.73	33.88	29.8	35.94	42.85	50.06	51.05	48.1
Inventory to Cash Days	-15.79	-21.82	-14.31	-1.19	1.23	7.18	19.72	24.15	18.41	14.74	19.47	21.39	13.59	7.11	17.43
Inventories	382	361	329	401	687	588	539	548	550	529	636	807	775	813	803
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	382	361	329	401	687	588	539	548	550	529	636	807	775	813	803

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	8,058	8,440	9,341	11,894	16,198	18,511	20,964	21,853	29,093	29,029	30,619	29,575	26,550	29,875	34,323
- Cash & Cash Equivalents	14	36	26	62	50	38	39	85	38	25	16	29	43	10	28
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	30	30	30	30	30	30	30	30	30	30	30
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	23	111	162	170	209	317	377	409
+ Total Debt	5,317	5,261	5,243	5,212	10,377	10,176	11,033	11,799	12,735	14,291	15,590	17,295	18,798	20,327	22,314
Enterprise Value	13,361	13,665	14,558	17,044	26,555	28,679	31,988	33,622	41,931	43,488	46,393	47,080	45,652	50,599	57,049
Total Capital	9,311	9,426	9,506	9,663	19,062	19,136	20,525	21,642	22,990	24,953	26,703	28,911	30,869	33,129	36,367
Total Debt/Capital (%)	57.11	55.81	55.15	53.94	54.44	53.18	53.76	54.52	55.39	57.27	58.38	59.82	60.89	61.36	61.36
Total Debt / EV	0.4	0.38	0.36	0.31	0.39	0.35	0.34	0.35	0.3	0.33	0.34	0.37	0.41	0.4	0.39
EV/Sales	2.98	3.22	3.22	3.41	4.48	3.84	4.18	4.38	5.57	6.01	5.58	4.91	5.13	5.88	5.82
EV/EBITDA	10.92	9.96	9.86	11.15	14.48	11.66	12.42	14.53	17.06	16.21	16.63	15.45	14.39	14.43	15.32
EV/EBIT	15.06	13.66	13.48	15.33	21.24	16.91	18.01	22.9	27.38	25.49	27.05	24.47	23.93	23.5	25.41
EV/Cash Flow to Firm	11.63	10.25	10.47	12.65	17.81	12.18	13.36	11.88	14.99	16.66	19.01	18.99	12.51	12.9	13.55
EV/Free Cash Flow to Firm	11.63	10.25	10.47	12.65	17.81	12.18	13.36	11.88	14.99	16.66	19.01	19.13	12.51	12.9	13.55
Diluted Market Cap	8,230	8,579	9,496	11,998	13,992	18,586	21,072	21,948	29,209	29,127	30,703	29,638	26,589	29,764	34,148
Diluted Enterprise Value	13,532	13,804	14,713	17,149	24,350	28,755	32,096	33,717	42,048	43,586	46,477	47,143	45,692	50,488	56,874
EV per Share	57.97	59.66	64.43	75.58	84.12	90.87	101.37	106.56	132.93	137.87	147.08	149.26	144.73	159.28	175.29
TTM Sales	4,486	4,246	4,519	4,997	5,926	7,472	7,649	7,680	7,523	7,242	8,316	9,597	8,893	8,600	9,800
TTM EBITDA	1,224	1,372	1,476	1,529	1,834	2,459	2,575	2,314	2,458	2,682	2,789	3,047	3,172	3,507	3,723
TTM Operating Income	887	1,000	1,080	1,112	1,251	1,696	1,776	1,468	1,531	1,706	1,715	1,924	2,087	2,165	2,375
TTM Cash Flow to Firm	1,149	1,333	1,391	1,348	1,491	2,355	2,394	2,829	2,797	2,611	2,441	2,480	3,649	3,923	4,211
TTM Free Cash Flow to Firm	1,149	1,333	1,391	1,348	1,491	2,355	2,394	2,829	2,797	2,611	2,441	2,461	3,649	3,923	4,211

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	8.28	7.31	7.71	10.01	10.82	8.83	10.14	8.98	12.45	13.26	15.1	14.52	8.81	9.27	10.1
EV/EBIT	15.06	13.66	13.48	15.33	21.24	16.91	18.01	22.9	27.38	25.49	27.05	24.47	23.93	23.5	25.41
Enterprise Value	13,361	13,665	14,558	17,044	26,555	28,679	31,988	33,622	41,931	43,488	46,393	47,080	45,652	50,599	57,049
Low Price	27	33.62	37.03	40.17	44.93	50.44	56.05	58.48	67.21	68.01	80.55	80.82	75.47	75.13	91.94
EV/Sales	2.98	3.22	3.22	3.41	4.48	3.84	4.18	4.38	5.57	6.01	5.58	4.91	5.13	5.88	5.82
EV/EBITDA	10.92	9.96	9.86	11.15	14.48	11.66	12.42	14.53	17.06	16.21	16.63	15.45	14.39	14.43	15.32
Price/Earnings	15.45	15.53	16.3	20.22	21.79	19.71	17.42	20.63	25.65	24.19	23.55	21	19.93	19.47	21.8
Price/Earnings Average	13.73	15.6	16.31	17.56	21.22	19.84	16.5	19.44	23.38	24.77	22.24	21.86	20.97	17.99	22.11
Price/Earnings High	15.64	17.48	17.74	21.24	24.63	22.22	18.38	22.48	27.31	28.79	24.22	24.28	23.51	21.28	24.43
Price/Earnings Low	11.94	14.17	14.6	15.4	19.08	16.95	14.7	17.42	18.69	17.88	19.54	18.1	17.87	15.55	19
Price/Book Value	2.02	2.03	2.19	2.67	1.87	2.07	2.22	2.23	2.88	2.77	2.81	2.6	2.26	2.41	2.52
Price/Book Value Average	1.79	2.04	2.19	2.32	1.82	2.09	2.1	2.1	2.62	2.84	2.65	2.71	2.38	2.23	2.56
Price/Book Value High	2.04	2.28	2.39	2.81	2.12	2.34	2.34	2.43	3.06	3.3	2.89	3.01	2.67	2.63	2.83
Price/Book Value Low	1.56	1.85	1.96	2.04	1.64	1.78	1.87	1.88	2.1	2.05	2.33	2.24	2.03	1.93	2.2
Price/Tangible Book Value	2.27	2.27	2.44	2.97	2.88	3.15	3.27	3.24	4.12	3.91	3.9	3.55	3.06	3.2	3.25
Price/Tangible Book Value Average	2.02	2.28	2.45	2.58	2.8	3.17	3.1	3.06	3.75	4.01	3.68	3.7	3.22	2.96	3.3
Price/Tangible Book Value High	2.3	2.55	2.66	3.12	3.25	3.55	3.45	3.54	4.39	4.66	4.01	4.11	3.61	3.5	3.64
Price/Tangible Book Value Low	1.75	2.07	2.19	2.26	2.52	2.71	2.76	2.74	3	2.89	3.23	3.06	2.75	2.55	2.83
Price/Sales	1.81	2	2.08	2.38	2.35	2.48	2.74	2.85	3.87	4.01	3.68	3.08	2.99	3.46	3.46
Price/Sales Average	1.61	2.01	2.08	2.07	2.29	2.49	2.6	2.68	3.52	4.1	3.48	3.21	3.14	3.2	3.51
Price/Sales High	1.83	2.25	2.27	2.5	2.65	2.79	2.89	3.1	4.12	4.77	3.79	3.56	3.52	3.78	3.88
Price/Sales Low	1.4	1.82	1.87	1.81	2.06	2.13	2.31	2.4	2.82	2.96	3.06	2.66	2.68	2.76	3.02
Price/Cash Flow	8.19	7.23	7.64	9.92	10.75	8.8	10.09	8.94	12.4	13.22	15.06	14.35	8.8	9.26	10.05
Price/Cash Flow Average	7.27	7.26	7.64	8.61	10.47	8.85	9.55	8.42	11.3	13.53	14.23	14.94	9.25	8.56	10.19
Price/Cash Flow High	8.28	8.13	8.31	10.42	12.16	9.92	10.64	9.74	13.2	15.73	15.49	16.59	10.37	10.12	11.26
Price/Cash Flow Low	6.32	6.59	6.84	7.56	9.42	7.57	8.51	7.54	9.04	9.77	12.5	12.37	7.89	7.4	8.76
Price/Free Cash Flow Average	7.36	7.34	7.71	8.69	10.54	8.89	9.6	8.46	11.35	13.58	14.27	15.11	9.26	8.56	10.25
Price/Free Cash Flow High	8.38	8.23	8.39	10.51	12.23	9.96	10.7	9.78	13.26	15.79	15.54	16.78	10.39	10.13	11.32
Price/Free Cash Flow Low	6.4	6.67	6.9	7.62	9.47	7.6	8.55	7.58	9.07	9.8	12.53	12.51	7.9	7.4	8.81
EV/Sales Average	2.78	3.23	3.22	3.1	4.41	3.85	4.04	4.21	5.23	6.1	5.37	5.03	5.29	5.62	5.87
EV/Sales High	3	3.47	3.4	3.53	4.84	4.15	4.33	4.63	5.82	6.77	5.68	5.39	5.67	6.21	6.24
EV/Sales Low	2.57	3.04	3.01	2.84	4.14	3.49	3.75	3.94	4.52	4.96	4.95	4.48	4.82	5.18	5.37
EV/EBITDA Average	10.18	9.99	9.87	10.12	14.25	11.71	11.99	13.99	16.01	16.47	16.02	15.85	14.82	13.78	15.46
EV/EBITDA High	11	10.73	10.42	11.54	15.63	12.62	12.87	15.38	17.83	18.27	16.95	16.97	15.89	15.22	16.43
EV/EBITDA Low	9.42	9.42	9.2	9.29	13.38	10.61	11.15	13.06	13.85	13.39	14.76	14.11	13.53	12.71	14.14
EV/EBIT Average	14.04	13.7	13.49	13.91	20.9	16.98	17.39	22.04	25.7	25.89	26.06	25.1	24.65	22.45	25.63
EV/EBIT High	15.17	14.72	14.24	15.86	22.93	18.29	18.66	24.23	28.61	28.73	27.57	26.87	26.42	24.79	27.26
EV/EBIT Low	12.99	12.92	12.58	12.78	19.62	15.38	16.17	20.58	22.23	21.05	24.01	22.35	22.49	20.71	23.45
Last Price	34.96	36.85	41.34	52.74	51.31	58.65	66.43	69.26	92.23	92.03	97.07	93.76	84.17	94.04	105.46
High Price	35.38	41.48	45	55.39	58.01	66.1	70.09	75.48	98.19	109.53	99.86	108.39	99.26	102.79	118.19
Enterprise Value Average	12,461	13,707	14,568	15,474	26,135	28,797	30,880	32,366	39,350	44,178	44,693	48,296	47,025	48,332	57,547
Enterprise Value High	13,457	14,725	15,385	17,642	28,670	31,032	33,143	35,584	43,811	49,008	47,273	51,695	50,412	53,379	61,190
Enterprise Value Low	11,526	12,925	13,584	14,208	24,541	26,088	28,713	30,220	34,039	35,912	41,182	42,999	42,908	44,590	52,649

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	230	229	226	226	316	316	316	316	315	315	315	315	315	318	325
Diluted Weighted Avg Shares	235	233	230	228	273	317	317	317	317	317	316	316	316	317	324
Basic Weighted Avg Shares	233	230	228	226	271	316	316	316	315	315	315	315	315	316	322
Revenue per Share	19.29	18.45	19.86	22.15	21.86	23.68	24.23	24.34	23.85	22.96	26.37	30.43	28.2	27.2	30.44
EBITDA per Share	5.26	5.96	6.49	6.78	6.77	7.79	8.16	7.34	7.79	8.5	8.84	9.66	10.06	11.09	11.57
Operating Income per Share	3.81	4.35	4.75	4.93	4.61	5.37	5.63	4.65	4.86	5.41	5.44	6.1	6.62	6.85	7.38
Basic EPS, GAAP	2.26	2.37	2.54	2.61	2.36	2.98	3.81	3.36	3.6	3.8	4.12	4.46	4.22	4.83	4.84
Basic EPS from Cont Ops	2.2	2.37	2.54	2.61	2.36	2.98	3.82	3.36	3.6	3.81	4.12	4.47	4.22	4.82	4.83
Diluted EPS, GAAP	2.24	2.35	2.51	2.59	2.34	2.96	3.79	3.34	3.58	3.79	4.11	4.45	4.22	4.83	4.81
Diluted EPS from Cont Ops	2.18	2.35	2.52	2.59	2.35	2.97	3.8	3.35	3.58	3.8	4.11	4.46	4.22	4.82	4.8
Dividend per Share	1.04	1.2	1.45	1.56	1.68	1.98	2.08	2.21	2.36	2.53	2.71	2.91	3.12	3.34	3.57
Cash Flow per Share	4.27	5.1	5.41	5.31	4.77	6.67	6.59	7.75	7.44	6.96	6.44	6.53	9.57	10.16	10.5
Free Cash Flow per Basic Share	4.27	5.1	5.41	5.31	4.77	6.67	6.59	7.75	7.44	6.96	6.44	6.47	9.57	10.16	10.5
Cash & Equivalents per Share	0.06	0.16	0.12	0.27	0.16	0.12	0.12	0.27	0.12	0.08	0.05	0.09	0.14	0.03	0.08
Book Value per Share	17.33	18.19	18.87	19.73	27.42	28.29	29.98	31.02	32.06	33.19	34.6	36.07	37.17	39.02	41.83
Tangible Book Value per Share	15.41	16.26	16.91	17.77	17.84	18.64	20.31	21.35	22.38	23.51	24.92	26.39	27.49	29.41	32.45