so terry can you give us an overview of the key findings in your story and what stood out to you most

yeah um i think the ultimately it's a story about sort of slow and steady growth we said at the top that it was 4.6 was the return but it was up from 4.5 you know most of the movement we're seeing was in the form of basis points and incremental movement rather than aside from a few outliers large shifts

And Terry, how do the results compare with prior years?

Well, like I said, it was up about 0.1% from the prior year.

And what was interesting was, as in the prior years, it kind of kept the theme going of sort of steady growth.

You never really had, even going back three or four years, you never really had much more than a few, you know, decimal movement.

You didn't have the large swings.

Now, what really stuck out is if you look at the larger industry, it had the smaller, you know, bottom 75 carriers had sort of a little bit more return than the people who were in the top 25.