# Key statistics definitions

The Key Statistics page provides valuation measures, financial highlights, and trading statistics for public companies. For details, click each section below to expand it.

## Valuation Measures

**Market Cap**

Formula**:** *Current Market Price Per Share x Number of Shares Outstanding*

The total dollar value of all outstanding shares. Market Capitalization is a measure of company size.

**Enterprise Value**

Formula**:** *Market Cap + Total Debt - Total Cash & Short Term Investments*

EV is a measure of theoretical takeover price, and is useful in comparisons against income statement line items above the interest expense/income lines such as revenue and EBITDA.

**Trailing P/E Ratio**

Formula**:** *Current Market Price / Earnings Per Share*

A popular valuation ratio calculated by dividing the current market price by trailing 12-month (ttm) Earnings Per Share.

**Forward P/E Ratio**

Formula**:** *Current Market Price / Projected Earnings Per Share*

A valuation ratio calculated by dividing the current market price by projected 12-month Earnings Per Share.

**PEG Ratio**

Formula**:** *P/E Ratio / 5-Yr Expected EPS Growth*

A forward-looking measure rather than typical earnings growth measures, which look back in time (historical). It's used to measure a stock's valuation against its projected 5-yr growth rate.

**Price/Sales Ratio**

Formula**:** *Current Market Price / Total Revenues Per Share*

A valuation ratio calculated by dividing the current market price by trailing 12-month (ttm) Total Revenues. Often used to value unprofitable companies.

**Price/Book Ratio**

Formula**:** *Current Market Price / Book Value Per Share*

A valuation ratio calculated by dividing the current market price by the most recent quarter's (mrq) Book Value Per Share.

**Enterprise Value/Revenue**

Formula**:** *Enterprise Value / Total Revenues*

The firm value compared against revenue. Provides a more rigorous comparison than the Price/Sales ratio by removing the effects of capitalization from both sides of the ratio. Since revenue is unaffected by the interest income/expense line item, the appropriate value comparison should also remove the effects of capitalization, as EV does.

**Enterprise Value/EBITDA**

Formula**:** *Enterprise Value / EBITDA*

Firm value compared against EBITDA (Earnings before interest, taxes, depreciation, and amortization). See Enterprise Value/Revenue.

## Financial Highlights

### + Fiscal Year

**Fiscal Year Ends**

The date of the end of the firm's accounting year.

**Most Recent Quarter**

Date for the most recent quarter end for which data is available on the Key Statistics page. This period is often abbreviated as "MRQ."

### + Profitability

**Profit Margin**

Formula**:** *(Net Income / Total Revenues) x 100*

Also known as Return on Sales, this value is the Net Income After Taxes for the trailing 12 months divided by Total Revenue for the same period and is expressed as a percentage.

**Operating Margin**

Formula**:** *[(Total Revenues - Total Operating Costs) / (Total Revenues)] x 100*

Operating Margin is a ratio used to measure a company's operating efficiency. It represents the difference between the Total Revenues and the Total Operating Costs divided by Total Revenues, and is expressed as a percentage. Total Operating Costs consist of: (a) Cost of Goods Sold (b) Total (c) Selling, General & Administrative Expenses (d) Total R & D Expenses (e) Depreciation & Amortization and (f) Total Other Operating Expenses, Total.

### + Management Effectiveness

**Return on Assets**

Formula**:** *Earnings from Continuing Operations / Average Total Equity*

This ratio shows percentage of Returns to Total Assets of the company. This is a useful measure in analyzing how well a company uses its assets to produce earnings.

**Return on Equity**

Formula**:** *[(Earnings from Continuing Operations) / Total Common Equity] x 100*

This ration is a measure of the return on money provided by the firm's owners. It represents Earnings from Continuing Operations divided by average Total Equity and is expressed as a percentage.

### + Income Statement

**Revenue**

The amount of money generated by a company's business activities. Also known as Sales.

**Revenue (Sales) Per Share**

Formula**:** *Total Revenues / Weighted Average Shares Outstanding*

**Quarterly Revenue Growth**

Formula**:** *[(Qtrly Total Revenues - Qtrly Total Revenues (yr ago)) / Qtrly Total Revenues (yr ago)] x 100*

The growth of Quarterly Total Revenues from the same quarter a year ago.

**Gross Profit**

Formula**:** *Total Revenues - Cost of Revenues*

**EBITDA**

Formula: *Revenue-Expenses (excluding interest, tax, depreciation, and amortization)*

The accounting acronym EBITDA stands for "Earnings Before Interest, Tax, Depreciation, and Amortization."

**Net Income Avl to Common**

Formula**:** *Net Income - Preferred Dividend and Other Adjustments - Earnings Of Discontinued Operations - Extraordinary Item & Accounting Change*

This ratio shows percentage of Net Income to Common Excluding Extra Items less Earnings Of Discontinued Operations to Total Revenues. This is the dollar amount accruing to common shareholders for dividends and retained earnings.

**Diluted EPS**

Formula**:** (*Net Income - Preferred Dividend and Other Adjustments)/ Weighted Average Diluted Shares Outstanding*

This is the Adjusted Income Available to Common Stockholders (based on Generally Accepted Accounting Principles, GAAP) for the trailing 12 months divided by the trailing 12 month weighted average shares outstanding. Diluted EPS uses diluted weighted average shares in the calculation, or the weighted average shares assuming all convertible securities are exercised.

**Quarterly Earnings Growth**

Formula**:** *[(Qtrly Net Income - Qtrly Net Income (yr ago)) / Qtrly Net Income (yr ago)] x 100*

The growth of Quarterly Net Income from the same quarter a year ago.

### + Balance Sheet

**Total Cash**

The Total Cash and Short-term Investments on the balance sheet as of the most recent quarter.

**Total Cash Per Share**

This is the Total Cash plus Short Term Investments divided by the Shares Outstanding at the end of the most recent fiscal quarter.

**Total Debt**

Formula**:** *Short Term Borrowings + Current Portion of Long Term Debt + Current Portion of Capital Lease + Long Term Debt + Long Term Capital Lease + Finance Division Debt Current + Finance Division Debt Non Current*

The Total Debt on the balance sheet as of the most recent quarter.

**Total Debt / Equity**

Formula**:** *[(Long-term Debt + Capital Leases + Finance Division Debt Non-Current + Short-term Borrowings + Current Portion of Long-term Debt + Current Portion of Capital Lease Obligation + Finance Division Debt Current) / (Total Common Equity + Total Preferred Equity)] x 100*

This ratio is Total Debt for the most recent fiscal quarter divided by Total Shareholder Equity for the same period.

**Current Ratio**

Formula**:** *Total Current Assets / Total Current Liabilities*

This is the ratio of Total Current Assets for the most recent quarter divided by Total Current Liabilities for the same period.

**Book Value Per Share**

Formula**:** *Total Common Equity / Total Common Shares Outstanding*

This is defined as the Common Shareholder's Equity divided by the Shares Outstanding at the end of the most recent fiscal quarter.

### + Cash Flow Statement

**Operating Cash Flow**

Formula**:** *Net Income + Depreciation and Amortization, Total + Other Amortization + Other Non-Cash Items, Total + Change in Working Capital*

Net cash used or generated in operating activities during the stated period of time. It reflects net impact of all operating activity transactions on the cash flow of the entity. This GAAP figure is taken directly from the company's Cash Flow Statement and might include significant non-recurring items.

**Levered Free Cash Flow**

Formula**:** (*EBIT + Interest Expense) x (1 x Tax Rate) + Depreciation & Amort., Total + Other Amortization + Capital Expenditure + Sale (Purchase) of Intangible assets - Change in Net Working Capital + Pref. Dividends Paid + Total Debt Repaid + Total Debt Issued + Repurchase of Preferred + Issuance of Preferred Stock*

This figure is a normalized item that excludes non-recurring items and also takes into consideration cash inflows from financing activities such as debt or preferred stock issuances.

## Trading Information

### + Stock Price History

**Beta**

The Beta used is Beta of Equity. Beta is the monthly price change of a particular company relative to the monthly price change of the S&P500. The time period for Beta is 3 years (36 months) when available.

**52-Week Change**

The percentage change in price from 52 weeks ago.

**S&P500 52-Week Change**

The S&P 500 Index's percentage change in price from 52 weeks ago.

**52-Week High**

This price is the highest Price the stock traded at in the last 12 months. This could be an intraday high.

**52-Week Low**

This price is the lowest Price the stock traded at in the last 12 months. This could be an intraday low.

**50-Day Moving Average**

A simple moving average that is calculated by dividing the sum of the closing prices in the last 50 trading days by 50.

**200-Day Moving Average**

A simple moving average that is calculated by dividing the sum of the closing prices in the last 200 trading days by 200.

### + Share Statistics

**Average Volume (3 month)**

This is the average daily trading volume during the last 3 months.

**Average Volume (10 day)**

This is the average daily trading volume during the last 10 days.Â

**Shares Outstanding**

This is the number of shares of common stock currently outstandingâ€”the number of shares issued minus the shares held in treasury. This field reflects all offerings and acquisitions for stock made after the end of the previous fiscal period.

**Float**

This is the number of freely traded shares in the hands of the public. Float is calculated as Shares Outstanding minus Shares Owned by Insiders, 5% Owners, and Rule 144 Shares.

**Shares Short**

This is the number of shares currently borrowed by investors for sale, but not yet returned to the owner (lender).

**Short Ratio**

This represents the number of days it would take to cover the Short Interest if trading continued at the average daily volume for the month. It is calculated as the Short Interest for the Current Month divided by the Average Daily Volume.

**Short % of Float**

Number of shares short divided by float.

**Shares Short Prior Month**

Shares Short in the prior month. See Shares Short.

### + Dividends and splits

**Forward Annual Dividend Rate**

The annualized amount of dividends expected to be paid in the current fiscal year.

**Forward Annual Dividend Yield**

Formula**:** *(Forward Annual Dividend Rate / Current Market Price) x 100*

**Trailing Annual Dividend Rate**

The sum of all dividends paid out in the trailing 12-month period.

**Trailing Annual Dividend Yield**

Formula**:** *(Trailing Annual Dividend Rate / Current Market Price) x 100*

**5-Year Average Dividend Yield**

The average Forward Annual Dividend Yield in the past 5 years.

**Payout Ratio**

The ratio of Earnings paid out in Dividends, expressed as a percentage.

**Dividend Date**

The payment date for a declared dividend.

**Ex-Dividend Date**

The first day of trading when the seller, rather than the buyer, of a stock is entitled to the most recently announced dividend payment. The date set by the NYSE (and generally followed on other U.S. exchanges) is currently two business days before the record date. A stock that has gone ex-dividend is denoted by an x in newspaper listings on that date.