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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues [+] | 147.9 | 143.0 | 85.8 | 84.0 | 83.0 | 37.4 | 16.4 | 701.8 |
Lease / rental | | | | | 1,328.8 | 1,141.2 | 813.4 | 699.8 |
Revenue growth | 3.4% | 66.7% | 2.1% | 1.1% | 121.9% | 127.9% | -97.7% | -4.0% |
Cost of goods sold [+] | 89.5 | 82.0 | 22.7 | 9.6 | -15.8 | 29.7 | 68.5 | 54.4 |
Direct costs | 42.4 | 26.9 | 93.7 | 79.1 | 48.3 | 62.9 | 84.3 | |
Gross profit | 58.4 | 61.0 | 63.1 | 74.4 | 98.8 | 7.8 | -52.0 | 647.4 |
Gross margin | 39.5% | 42.6% | 73.5% | 88.6% | 119.0% | 20.7% | -317.0% | 92.2% |
Selling, general and administrative [+] | 93.0 | 89.3 | 80.5 | 75.9 | 80.0 | 87.6 | 65.6 | 53.4 |
General and administrative | 93.0 | 89.3 | 80.5 | 75.9 | 80.0 | 87.6 | 65.6 | 53.4 |
Other operating expenses | -1,713.7 | -1,589.7 | -1,201.0 | -1,234.8 | -1,278.6 | -1,136.3 | -753.4 | -10.2 |
EBITDA [+] | 1,679.1 | 1,561.3 | 1,183.5 | 1,233.3 | 1,297.4 | 1,056.4 | 691.3 | 604.1 |
EBITDA growth | 7.5% | 31.9% | -4.0% | -4.9% | 22.8% | 52.8% | 14.4% | -3.2% |
EBITDA margin | 1135.5% | 1092.1% | 1379.7% | 1468.3% | 1562.4% | 2823.2% | 4210.8% | 86.1% |
Depreciation | 624.3 | 609.7 | 519.6 | 498.6 | 482.2 | 410.7 | 392.6 | 300.5 |
EBITA | 1,054.7 | 951.6 | 663.9 | 734.7 | 815.2 | 645.7 | 298.7 | 303.7 |
EBITA margin | 713.3% | 665.6% | 773.9% | 874.7% | 981.7% | 1725.6% | 1819.6% | 43.3% |
Amortization of intangibles | 10.5 | 16.5 | 22.5 | 37.5 | 62.9 | 90.0 | 55.5 | |
EBIT [+] | 1,044.2 | 935.1 | 641.4 | 697.2 | 752.3 | 555.7 | 243.2 | 303.7 |
EBIT growth | 11.7% | 45.8% | -8.0% | -7.3% | 35.4% | 128.5% | -19.9% | -16.9% |
EBIT margin | 706.2% | 654.1% | 747.7% | 830.0% | 905.9% | 1485.1% | 1481.3% | 43.3% |
Non-recurring items | | | | | 0.1 | 9.3 | 66.9 | 22.2 |
Interest expense | 226.1 | 222.0 | 253.0 | 316.2 | 322.7 | 282.3 | 184.0 | 140.6 |
Interest expense | 226.1 | 222.0 | 253.0 | 316.2 | 322.7 | 282.3 | 184.0 | 140.6 |
Other income (expense), net [+] | -0.4 | -132.5 | -20.4 | -0.2 | -2.2 | -3.8 | 1.9 | -9.1 |
Gain (loss) on sale of assets | | | | | 21.0 | | | |
Gain (loss) on debt retirement | 1.9 | 133.9 | 24.7 | 2.5 | 6.1 | 7.0 | 0.1 | 1.2 |
Gain (loss) on derivative instruments | | | | | 2.1 | 0.9 | 3.4 | 5.5 |
Unrealized gain/loss on derivatives | -0.3 | | | | | -1.4 | -4.4 | 2.2 |
Write-off of deferred debt issuance costs | 1.9 | 133.9 | 24.7 | 2.5 | 6.1 | 7.0 | 0.1 | 1.2 |
Other | 1.2 | 1.4 | 4.4 | 2.4 | 2.3 | 2.6 | 1.1 | -0.2 |
Pre-tax income | 817.7 | 580.6 | 368.0 | 380.8 | 427.3 | 260.3 | -5.8 | 131.7 |
Income taxes | 70.8 | 50.4 | 38.2 | 27.6 | 70.6 | -93.3 | 0.0 | 4.0 |
Tax rate | 8.7% | 8.7% | 10.4% | 7.2% | 16.5% | | 0.8% | 3.1% |
Minority interest | | | | 0.6 | 7.1 | 8.9 | 7.7 | 16.6 |
Net income | 694.8 | 484.5 | 288.4 | 339.0 | 349.6 | 344.6 | -13.5 | 111.1 |
Net margin | 469.9% | 338.9% | 336.2% | 403.7% | 421.0% | 920.9% | -82.3% | 15.8% |
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Basic EPS [+] | $11.25 | $7.26 | $4.18 | $4.57 | $4.38 | $4.55 | ($0.24) | $2.75 |
Growth | 54.9% | 73.8% | -8.6% | 4.3% | -3.8% | -1987.5% | -108.8% | -26.4% |
Diluted EPS [+] | $11.19 | $7.22 | $4.16 | $4.54 | $4.35 | $4.52 | ($0.24) | $2.71 |
Growth | 54.9% | 73.7% | -8.4% | 4.3% | -3.8% | -1974.9% | -108.9% | -22.9% |
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Dividends per share [+] | $2.65 | $2.36 | $2.13 | $2.08 | $2.01 | $1.80 | $1.35 | |
Growth | 12.3% | 10.8% | 2.4% | 3.5% | 11.7% | 33.3% | | -100.0% |
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Shares outstanding (basic) [+] | 61.8 | 66.7 | 69.1 | 74.2 | 79.8 | 75.7 | 56.0 | 40.4 |
Growth | -7.4% | -3.4% | -6.9% | -7.0% | 5.4% | 35.1% | 38.6% | 1.0% |
Shares outstanding (diluted) [+] | 62.1 | 67.1 | 69.3 | 74.7 | 80.4 | 76.2 | 56.0 | 40.9 |
Growth | -7.4% | -3.3% | -7.2% | -7.0% | 5.5% | 36.0% | 36.9% | -3.6% |
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EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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