Income Statement Visa, Inc.

Stocks

V

US92826C8394

Business Support Services

Market Closed - NYSE Other stock markets 01:30:02 22/07/2026 am IST			Pre-market 04:41:01 pm
355.82 ^USD	-1.32%		359.64	+1.07%

21/07	Wall Street Bets on Two Fragile Rebounds
21/07	Barclays, Visa Partner With Samsung to Launch Galaxy Credit Card	MT

d95d7658040b189ac.sHHD3sspKpJkBc0Cj9KPkd6bC4djCasL3tDLWvnoy94.iAuMr4FlB_sGaY5I4erNpIncf8MRSPlNneOFIrycoqmJALqVjVFH1gtUgA

Published financial data: VISA, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: September	2021	2022	2023	2024	2025
Revenues	2.41TCr	2.93TCr	3.27TCr	3.59TCr	4TCr
Other Revenues, Total	-	-	-	-	-
Total Revenues	2.41TCr	2.93TCr	3.27TCr	3.59TCr	4TCr
Cost of Goods Sold, Total	73Cr	74Cr	74Cr	78Cr	89Cr
Gross Profit	2.34TCr	2.86TCr	3.19TCr	3.51TCr	3.91TCr
Selling General & Admin Expenses, Total	656.8Cr	794.6Cr	904.7Cr	1.01TCr	1.11TCr
Depreciation & Amortization - (IS)	80Cr	86Cr	94Cr	103.4Cr	122Cr
Other Operating Expenses, Total	737.2Cr	880.7Cr	999Cr	1.12TCr	1.23TCr
Operating Income	1.6TCr	1.98TCr	2.19TCr	2.4TCr	2.68TCr
Interest Expense, Total	-51Cr	-54Cr	-64Cr	-64Cr	-59Cr
Interest And Investment Income	-	6.9Cr	74Cr	99Cr	79Cr
Net Interest Expenses	-51Cr	-47Cr	10Cr	35Cr	20Cr
Other Non Operating Income (Expenses)	-1.9Cr	3.4Cr	1.8Cr	1.4Cr	4.9Cr
EBT, Excl. Unusual Items	1.55TCr	1.93TCr	2.2TCr	2.44TCr	2.71TCr
Restructuring Charges	-	-	-	-	-21Cr
Merger & Related Restructuring Charges	-	-	-	-	-
Gain (Loss) On Sale Of Investments	75Cr	-30Cr	-8.2Cr	-4.4Cr	-5.1Cr
Legal Settlements	-30L	-87Cr	-93Cr	-46Cr	-256.2Cr
Other Unusual Items	-15Cr	-2.5Cr	-	6.1Cr	-3.9Cr
EBT, Incl. Unusual Items	1.61TCr	1.81TCr	2.1TCr	2.39TCr	2.42TCr
Income Tax Expense	375.2Cr	317.9Cr	376.4Cr	417.3Cr	413.6Cr
Earnings From Continuing Operations	1.23TCr	1.5TCr	1.73TCr	1.97TCr	2.01TCr
Net Income to Company	1.23TCr	1.5TCr	1.73TCr	1.97TCr	2.01TCr
Net Income - (IS)	1.23TCr	1.5TCr	1.73TCr	1.97TCr	2.01TCr
Preferred Dividend and Other Adjustments	30Cr	33Cr	28Cr	29Cr	20Cr
Net Income to Common Incl Extra Items	1.2TCr	1.46TCr	1.7TCr	1.95TCr	1.99TCr
Net Income to Common Excl. Extra Items	1.2TCr	1.46TCr	1.7TCr	1.95TCr	1.99TCr
Per Share Items
Net EPS - Basic	5.64	7.02	8.3	10.34	10.23
Basic EPS - Continuing Operations	5.64	7.02	8.3	10.34	10.23
Basic Weighted Average Shares Outstanding	212.86Cr	208.44Cr	204.76Cr	188.2Cr	194.05Cr
Net EPS - Diluted	5.63	7	8.28	9.73	10.2
Diluted EPS - Continuing Operations	5.63	7	8.28	9.73	10.2
Diluted Weighted Average Shares Outstanding	218.8Cr	213.6Cr	208.5Cr	202.9Cr	196.6Cr
Normalized Basic EPS	4.54	5.79	6.73	8.09	8.72
Normalized Diluted EPS	4.42	5.65	6.61	7.5	8.6
Dividend Per Share	1.34	1.58	1.87	2.15	2.44
Payout Ratio	22.73	21.41	21.72	21.36	23.1
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	1.68TCr	2.06TCr	2.29TCr	2.5TCr	2.8TCr
EBITA	1.61TCr	1.98TCr	2.2TCr	2.41TCr	2.69TCr
EBIT	1.6TCr	1.98TCr	2.19TCr	2.4TCr	2.68TCr
EBITDAR	1.69TCr	2.07TCr	2.3TCr	2.52TCr	2.82TCr
Total Revenues (As Reported)	-	-	-	-	-
Effective Tax Rate - (Ratio)	23.36	17.53	17.89	17.45	17.1
Current Domestic Taxes	201.2Cr	227Cr	292.3Cr	299.2Cr	213Cr
Current Foreign Taxes	87Cr	124.5Cr	132.4Cr	128.1Cr	185.4Cr
Total Current Taxes	288.1Cr	351.5Cr	424.7Cr	427.3Cr	398.4Cr
Deferred Domestic Taxes	-8.5Cr	-31Cr	-34Cr	-15Cr	11Cr
Deferred Foreign Taxes	96Cr	-2.8Cr	-14Cr	5Cr	4.1Cr
Total Deferred Taxes	87Cr	-34Cr	-48Cr	-10Cr	15Cr
Normalized Net Income	966.94Cr	1.21TCr	1.38TCr	1.52TCr	1.69TCr
Interest on Long-Term Debt	51Cr	54Cr	64Cr	64Cr	59Cr
Non-Cash Pension Expense	-4.4Cr	-5.4Cr	-	-	-
Supplemental Operating Expense Items
Marketing Expenses	113.6Cr	133.6Cr	134.1Cr	156Cr	168.4Cr
Selling and Marketing Expenses	113.6Cr	133.6Cr	134.1Cr	156Cr	168.4Cr
General and Administrative Expenses	123.6Cr	169.9Cr	187.5Cr	229.4Cr	264.6Cr
Research And Development Expense From Footnotes	-	-	-	-	-
Net Rental Expense, Total	11Cr	12Cr	13Cr	18Cr	20Cr
Imputed Operating Lease Interest Expense	1.97Cr	2.25Cr	2.98Cr	4.26Cr	3.85Cr
Imputed Operating Lease Depreciation	9.13Cr	9.45Cr	9.92Cr	14Cr	16Cr
Stock-Based Comp., SG&A Exp. (Total)	52Cr	57Cr	73Cr	82Cr	86Cr
Stock-Based Comp., Other (Total)	2.4Cr	3.1Cr	3.1Cr	3.3Cr	3.6Cr
Total Stock-Based Compensation	54Cr	60Cr	76Cr	85Cr	90Cr

Fiscal Period: September	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	1.65TCr	1.57TCr	1.63TCr	1.2TCr	1.72TCr
Short Term Investments	202.5Cr	283.3Cr	384.2Cr	320Cr	183.3Cr
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	1.85TCr	1.85TCr	2.01TCr	1.52TCr	1.9TCr
Accounts Receivable, Total	372.6Cr	395.2Cr	447.4Cr	701.5Cr	731.7Cr
Other Receivables	8.3Cr	19Cr	21Cr	83Cr	23Cr
Total Receivables	380.9Cr	414.2Cr	468Cr	784.7Cr	754.9Cr
Prepaid Expenses	60Cr	148.4Cr	128.1Cr	119Cr	98Cr
Restricted Cash	105.2Cr	234.6Cr	269.9Cr	426.4Cr	419.8Cr
Other Current Assets, Total	363Cr	371.1Cr	474.4Cr	555.7Cr	603.7Cr
Total Current Assets	2.76TCr	3.02TCr	3.35TCr	3.4TCr	3.78TCr
Gross Property Plant And Equipment	386.9Cr	407Cr	407.1Cr	451Cr	446.1Cr
Accumulated Depreciation	-175.9Cr	-195.8Cr	-195.5Cr	-197.3Cr	-187Cr
Net Property Plant And Equipment	211Cr	211.2Cr	211.6Cr	253.7Cr	259.1Cr
Long-term Investments	184.3Cr	213.6Cr	192.1Cr	254.5Cr	100Cr
Goodwill	1.6TCr	1.78TCr	1.8TCr	1.89TCr	1.99TCr
Other Intangibles, Total	2.88TCr	2.67TCr	2.79TCr	2.9TCr	3.02TCr
Deferred Tax Assets Long-Term	8Cr	8.7Cr	13Cr	14Cr	13Cr
Other Long-Term Assets, Total	651.4Cr	651.8Cr	690.6Cr	726.6Cr	801.9Cr
Total Assets	8.29TCr	8.55TCr	9.05TCr	9.45TCr	9.96TCr
Liabilities
Accounts Payable, Total	27Cr	34Cr	38Cr	48Cr	56Cr
Accrued Expenses, Total	306.3Cr	417.8Cr	474.2Cr	556.7Cr	641.1Cr
Current Portion of Long-Term Debt	100Cr	225Cr	-	-	556.9Cr
Current Portion of Leases	10Cr	9.8Cr	11Cr	15Cr	15Cr
Current Income Taxes Payable	32Cr	36Cr	150Cr	58Cr	51Cr
Other Current Liabilities	1.1TCr	1.36TCr	1.64TCr	1.97TCr	2.19TCr
Total Current Liabilities	1.57TCr	2.09TCr	2.31TCr	2.65TCr	3.5TCr
Long-Term Debt	2TCr	2.05TCr	2.08TCr	2.1TCr	1.96TCr
Long-Term Leases	47Cr	42Cr	41Cr	68Cr	76Cr
Pension & Other Post Retirement Benefits	-	-	-	-	-
Deferred Tax Liability Non Current	612.8Cr	533.2Cr	511.4Cr	530.1Cr	554.9Cr
Other Non Current Liabilities	299.1Cr	279.1Cr	236.5Cr	190.2Cr	76Cr
Total Liabilities	4.53TCr	4.99TCr	5.18TCr	5.54TCr	6.17TCr
Preferred Stock Convertible	308Cr	232.4Cr	169.8Cr	103.1Cr	74Cr
Total Preferred Equity	308Cr	232.4Cr	169.8Cr	103.1Cr	74Cr
Common Stock, Total	-	1.95TCr	2.05TCr	-	-
Additional Paid In Capital	1.89TCr	-	-	2.12TCr	2.19TCr
Retained Earnings	1.54TCr	1.61TCr	1.8TCr	1.73TCr	1.51TCr
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	30Cr	-240.4Cr	-145.7Cr	-41Cr	12Cr
Total Common Equity	3.45TCr	3.33TCr	3.7TCr	3.81TCr	3.72TCr
Total Equity	3.76TCr	3.56TCr	3.87TCr	3.91TCr	3.79TCr
Total Liabilities And Equity	8.29TCr	8.55TCr	9.05TCr	9.45TCr	9.96TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	209.01Cr	204.73Cr	199.84Cr	195.54Cr	191.23Cr
ECS Total Common Shares Outstanding	209.61Cr	205.41Cr	201.31Cr	196.16Cr	191.56Cr
Book Value / Share	16.46	16.19	18.4	19.43	19.4
Tangible Book Value	-1.02TCr	-1.12TCr	-886.3Cr	-988.4Cr	-1.3TCr
Tangible Book Value Per Share	-4.88	-5.45	-4.4	-5.04	-6.77
Total Debt	2.16TCr	2.33TCr	2.13TCr	2.18TCr	2.61TCr
Net Debt	303.9Cr	477Cr	116.7Cr	662.9Cr	708.7Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-44Cr	-35Cr	-39Cr	-60Cr	-61Cr
Debt Equivalent Oper. Leases	89Cr	94Cr	103.2Cr	143.2Cr	156Cr
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	7.2Cr	7.2Cr	7.1Cr	7.2Cr	7.2Cr
Buildings, Total	100.8Cr	100.3Cr	102.2Cr	104.2Cr	100.4Cr
Machinery, Total	204.8Cr	223Cr	214.6Cr	230.1Cr	224Cr
Full Time Employees	21.5T	26.5T	28.8T	31.6T	34.1T

Fiscal Period: September	2021	2022	2023	2024	2025
Net Income	1.23TCr	1.5TCr	1.73TCr	1.97TCr	2.01TCr
Depreciation & Amortization - CF	72Cr	77Cr	87Cr	96Cr	114.2Cr
Amortization of Goodwill and Intangible Assets - (CF)	8.3Cr	9Cr	7.6Cr	7.9Cr	7.8Cr
Depreciation & Amortization, Total	80Cr	86Cr	94Cr	103.4Cr	122Cr
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-71Cr	26Cr	10Cr	9.4Cr	8.7Cr
Stock-Based Compensation (CF)	54Cr	60Cr	76Cr	85Cr	90Cr
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	898.4Cr	982.2Cr	1.17TCr	1.37TCr	1.6TCr
Change In Accounts Receivable	-34Cr	-9.7Cr	-25Cr	-24Cr	-54Cr
Change In Accounts Payable	8.8Cr	6.7Cr	3.4Cr	11Cr	6.7Cr
Change in Other Net Operating Assets	-644.7Cr	-762.7Cr	-980.6Cr	-1.53TCr	-1.47TCr
Cash from Operations	1.52TCr	1.88TCr	2.08TCr	2TCr	2.31TCr
Capital Expenditure	-70Cr	-97Cr	-105.9Cr	-125.7Cr	-148.2Cr
Sale of Property, Plant, and Equipment	-	-	-	-	-
Cash Acquisitions	-7.5Cr	-194.8Cr	-	-92Cr	-89Cr
Investment in Marketable and Equity Securities, Total	52Cr	-149.8Cr	-132.4Cr	34Cr	295.6Cr
Other Investing Activities, Total	11Cr	13Cr	38Cr	-9.3Cr	12Cr
Cash from Investing	-15Cr	-428.8Cr	-200.6Cr	-192.6Cr	71Cr
Long-Term Debt Issued, Total	-	321.8Cr	-	-	392.4Cr
Total Debt Issued	-	321.8Cr	-	-	392.4Cr
Long-Term Debt Repaid, Total	-300Cr	-100Cr	-225Cr	-	-
Total Debt Repaid	-300Cr	-100Cr	-225Cr	-	-
Issuance of Common Stock	21Cr	20Cr	26Cr	34Cr	40Cr
Repurchase of Common Stock	-882Cr	-1.17TCr	-1.22TCr	-1.69TCr	-1.86TCr
Common Dividends Paid	-279.8Cr	-320.3Cr	-375.1Cr	-421.7Cr	-463.4Cr
Common & Preferred Stock Dividends Paid	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-279.8Cr	-320.3Cr	-375.1Cr	-421.7Cr	-463.4Cr
Other Financing Activities, Total	-	-20Cr	20Cr	17Cr	-5.2Cr
Cash from Financing	-1.44TCr	-1.27TCr	-1.78TCr	-2.06TCr	-1.9TCr
Foreign Exchange Rate Adjustments	-3.7Cr	-128.7Cr	64Cr	38Cr	42Cr
Net Change in Cash	63Cr	58Cr	161.3Cr	-222.7Cr	522.4Cr
Supplemental Items
Cash Interest Paid	64Cr	61Cr	62Cr	58Cr	59Cr
Cash Income Tax Paid (Refund)	301.2Cr	374.1Cr	343.3Cr	577.5Cr	454.1Cr
Levered Free Cash Flow	1.21TCr	1.38TCr	1.67TCr	1.31TCr	2.01TCr
Unlevered Free Cash Flow	1.24TCr	1.41TCr	1.71TCr	1.35TCr	2.04TCr
Change In Net Working Capital	-173.2Cr	-128Cr	-276.6Cr	207.9Cr	-305.1Cr
Net Debt Issued / Repaid	-300Cr	221.8Cr	-225Cr	-	392.4Cr

Fiscal Period: September	2021	2022	2023	2024	2025
Profitability
Return on Assets	12.21	14.67	15.57	16.21	17.26
Return on Total Capital	16.67	20.93	23.05	24.8	26.85
Return On Equity %	33.36	40.88	46.49	50.71	52.07
Return on Common Equity	36.59	43.18	48.34	51.79	52.75
Margin Analysis
Gross Profit Margin %	96.97	97.46	97.75	97.83	97.76
SG&A Margin	27.25	27.11	27.71	28.16	27.7
EBITDA Margin %	69.72	70.35	70.04	69.67	70.07
EBITA Margin %	66.73	67.72	67.38	67.01	67.22
EBIT Margin %	66.39	67.42	67.15	66.79	67.02
Income From Continuing Operations Margin %	51.07	51.03	52.9	54.95	50.14
Net Income Margin %	51.07	51.03	52.9	54.95	50.14
Net Avail. For Common Margin %	49.82	49.91	52.03	54.16	49.63
Normalized Net Income Margin	40.11	41.21	42.2	42.38	42.28
Levered Free Cash Flow Margin	50.01	47.04	51.2	36.59	50.18
Unlevered Free Cash Flow Margin	51.34	48.18	52.43	37.7	51.1
Asset Turnover
Asset Turnover	0.29	0.35	0.37	0.39	0.41
Fixed Assets Turnover	11.67	13.88	15.45	15.44	15.6
Receivables Turnover (Average Receivables)	7.3	7.63	7.75	6.25	5.58
Short Term Liquidity
Current Ratio	1.75	1.45	1.45	1.28	1.08
Quick Ratio	1.42	1.09	1.07	0.87	0.76
Operating Cash Flow to Current Liabilities	0.97	0.9	0.9	0.75	0.66
Days Sales Outstanding (Average Receivables)	50.03	47.81	47.09	58.52	65.39
Average Days Payable Outstanding	110	148.85	177.29	200.88	211.08
Long Term Solvency
Total Debt/Equity	57.33	65.46	54.98	55.71	68.81
Total Debt / Total Capital	36.44	39.56	35.48	35.78	40.76
LT Debt/Equity	54.4	58.86	54.71	55.33	53.72
Long-Term Debt / Total Capital	34.58	35.57	35.3	35.53	31.82
Total Liabilities / Total Assets	54.66	58.39	57.2	58.59	61.95
EBIT / Interest Expense	31.19	36.73	34.05	37.44	45.51
EBITDA / Interest Expense	32.98	38.55	35.71	39.33	47.92
(EBITDA - Capex) / Interest Expense	31.6	36.74	34.07	37.37	45.4
Total Debt / EBITDA	1.27	1.12	0.93	0.86	0.92
Net Debt / EBITDA	0.18	0.23	0.05	0.26	0.25
Total Debt / (EBITDA - Capex)	1.33	1.18	0.97	0.91	0.98
Net Debt / (EBITDA - Capex)	0.19	0.24	0.05	0.28	0.27
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	10.34	21.59	11.41	10.02	11.34
Gross Profit, 1 Yr. Growth %	10.68	22.21	11.73	10.12	11.26
EBITDA, 1 Yr. Growth %	12.86	23.81	11.01	9.44	11.98
EBITA, 1 Yr. Growth %	13.24	24.58	10.95	9.42	11.68
EBIT, 1 Yr. Growth %	13.3	24.66	11.07	9.44	11.72
Earnings From Cont. Operations, 1 Yr. Growth %	13.3	21.49	15.48	14.3	1.6
Net Income, 1 Yr. Growth %	13.3	21.49	15.48	14.3	1.6
Normalized Net Income, 1 Yr. Growth %	13.08	26.15	13.87	10.5	11.08
Diluted EPS Before Extra, 1 Yr. Growth %	15.11	24.45	18.31	17.45	4.85
Accounts Receivable, 1 Yr. Growth %	29.29	6.07	13.21	56.79	4.3
Net Property, Plant and Equip., 1 Yr. Growth %	4.35	0.09	0.19	19.9	2.13
Total Assets, 1 Yr. Growth %	2.44	3.14	5.85	4.43	5.41
Tangible Book Value, 1 Yr. Growth %	-25.94	9.31	-20.77	11.52	31.12
Common Equity, 1 Yr. Growth %	10.88	-3.63	11.36	2.89	-2.47
Cash From Operations, 1 Yr. Growth %	45.85	23.79	10.11	-3.88	15.58
Capital Expenditures, 1 Yr. Growth %	-4.21	37.59	9.18	18.7	17.9
Levered Free Cash Flow, 1 Yr. Growth %	46.23	15.28	21.36	-21.37	52.7
Unlevered Free Cash Flow, 1 Yr. Growth %	44.46	15.01	21.32	-20.88	50.91
Dividend Per Share, 1 Yr. Growth %	9.43	17.98	18.73	14.97	13.49
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.43	15.83	16.39	10.71	10.68
Gross Profit, 2 Yr. CAGR %	2.48	16.3	16.85	10.92	10.69
EBITDA, 2 Yr. CAGR %	2.19	17.67	17.34	10.38	10.7
EBITA, 2 Yr. CAGR %	1.88	18.21	17.67	10.35	10.54
EBIT, 2 Yr. CAGR %	1.81	18.28	17.78	10.42	10.57
Earnings From Cont. Operations, 2 Yr. CAGR %	0.95	17.32	18.45	14.89	7.76
Net Income, 2 Yr. CAGR %	0.95	17.32	18.45	14.89	7.76
Normalized Net Income, 2 Yr. CAGR %	1.06	18.85	19.96	12.35	10.79
Diluted EPS Before Extra, 2 Yr. CAGR %	2.87	19.69	21.34	17.88	10.97
Accounts Receivable, 2 Yr. CAGR %	-9.9	17.1	9.58	33.23	27.88
Net Property, Plant and Equip., 2 Yr. CAGR %	16.52	2.2	0.14	9.6	10.66
Total Assets, 2 Yr. CAGR %	6.88	2.79	4.49	5.14	4.92
Tangible Book Value, 2 Yr. CAGR %	-15.57	-10.02	-6.93	-6	20.92
Common Equity, 2 Yr. CAGR %	8.67	3.37	3.6	7.04	0.17
Cash From Operations, 2 Yr. CAGR %	9.14	34.37	16.75	2.88	5.4
Capital Expenditures, 2 Yr. CAGR %	-3.43	14.8	22.56	13.84	18.3
Levered Free Cash Flow, 2 Yr. CAGR %	13.58	29.32	18.37	-2.18	9.58
Unlevered Free Cash Flow, 2 Yr. CAGR %	13.09	28.4	18.2	-1.89	9.27
Dividend Per Share, 2 Yr. CAGR %	12.76	13.62	18.35	16.84	14.23
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.36	8.45	14.34	14.23	10.92
Gross Profit, 3 Yr. CAGR %	5.47	8.68	14.76	14.56	11.03
EBITDA, 3 Yr. CAGR %	5.74	8.61	15.37	14.64	10.91
EBITA, 3 Yr. CAGR %	5.6	8.6	15.7	14.85	10.79
EBIT, 3 Yr. CAGR %	5.56	8.58	15.79	14.93	10.85
Earnings From Cont. Operations, 3 Yr. CAGR %	6.12	7.38	16.71	17.05	10.28
Net Income, 3 Yr. CAGR %	6.12	7.38	16.71	17.05	10.28
Normalized Net Income, 3 Yr. CAGR %	5.66	8.46	17.24	16.72	11.92
Diluted EPS Before Extra, 3 Yr. CAGR %	8.35	9.61	19.23	20.03	13.37
Accounts Receivable, 3 Yr. CAGR %	10.12	-4.87	15.79	23.48	22.79
Net Property, Plant and Equip., 3 Yr. CAGR %	13.16	10.77	1.53	6.34	7.05
Total Assets, 3 Yr. CAGR %	6.19	5.62	3.8	4.47	5.23
Tangible Book Value, 3 Yr. CAGR %	-12.42	-7.98	-13.76	-1.15	5.03
Common Equity, 3 Yr. CAGR %	6.54	4.41	5.97	3.36	3.77
Cash From Operations, 3 Yr. CAGR %	5.57	13.82	25.74	9.42	6.95
Capital Expenditures, 3 Yr. CAGR %	-0.61	8.66	12.89	21.26	15.18
Levered Free Cash Flow, 3 Yr. CAGR %	4.5	13.85	26.57	3.28	13.48
Unlevered Free Cash Flow, 3 Yr. CAGR %	4.18	13.43	25.96	3.4	13.25
Dividend Per Share, 3 Yr. CAGR %	14.9	14.47	15.3	17.22	15.71
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.83	9.81	9.64	9.35	12.86
Gross Profit, 5 Yr. CAGR %	9.95	10	9.88	9.57	13.11
EBITDA, 5 Yr. CAGR %	10.36	10.3	9.97	9.23	13.48
EBITA, 5 Yr. CAGR %	9.81	9.84	10	9.21	13.61
EBIT, 5 Yr. CAGR %	9.81	9.83	10.02	9.22	13.67
Earnings From Cont. Operations, 5 Yr. CAGR %	15.49	17.43	10.89	10.32	13.04
Net Income, 5 Yr. CAGR %	15.49	17.43	10.89	10.32	13.04
Normalized Net Income, 5 Yr. CAGR %	9.28	10.2	10.94	9.97	14.61
Diluted EPS Before Extra, 5 Yr. CAGR %	17.79	20.15	13.37	12.85	15.86
Accounts Receivable, 5 Yr. CAGR %	8.24	9.12	9.91	8.85	20.48
Net Property, Plant and Equip., 5 Yr. CAGR %	10.65	8.26	7.76	10.3	5.08
Total Assets, 5 Yr. CAGR %	5.3	4.69	5.51	5.42	4.25
Tangible Book Value, 5 Yr. CAGR %	-8.53	-7.54	-10.26	-7.19	-1.27
Common Equity, 5 Yr. CAGR %	4.88	4.08	5.35	5.45	3.61
Cash From Operations, 5 Yr. CAGR %	22.26	15.13	9.91	9.31	17.17
Capital Expenditures, 5 Yr. CAGR %	6.15	6.53	8.08	10.7	15.03
Levered Free Cash Flow, 5 Yr. CAGR %	9.9	13.36	9.62	7.07	19.48
Unlevered Free Cash Flow, 5 Yr. CAGR %	9.71	12.85	9.36	6.96	19
Dividend Per Share, 5 Yr. CAGR %	17.94	17.95	16.27	15.41	14.87