Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Systems Segment | | | | 1,742.0 | 2,134.9 | 2,229.1 | 3,885.2 | 2,288.5 |
| Modules segment | 2,331.4 | 1,736.1 | 1,460.1 | 502.0 | 806.4 | 675.5 | 227.5 | |
| Other | 592.0 | 975.3 | 1,603.0 | | | | | 1,102.7 |
| Total revenues | 2,923.4 | 2,711.3 | 3,063.1 | 2,244.0 | 2,941.3 | 2,904.6 | 4,112.7 | 3,391.2 |
| Revenue growth [+] | 7.8% | -11.5% | 36.5% | -23.7% | 1.3% | -29.4% | 21.3% | 2.5% |
| Systems Segment | | | | -18.4% | -4.2% | -42.6% | 69.8% | 7.2% |
| Modules segment | 34.3% | 18.9% | 190.9% | -37.7% | 19.4% | 197.0% | | |
| Cost of goods sold | 2,193.4 | 2,030.7 | 2,513.9 | 1,851.9 | 2,392.4 | 2,266.1 | 2,979.9 | 2,566.2 |
| Gross profit | 730.0 | 680.7 | 549.2 | 392.2 | 548.9 | 638.4 | 1,132.8 | 824.9 |
| Gross margin | 25.0% | 25.1% | 17.9% | 17.5% | 18.7% | 22.0% | 27.5% | 24.3% |
| Selling, general and administrative | 170.3 | 222.9 | 205.5 | 176.9 | 202.7 | 262.0 | 255.2 | 253.8 |
| Research and development | 99.1 | 93.7 | 96.6 | 84.5 | 88.6 | 124.8 | 130.6 | 144.0 |
| Equity in earnings | | -2.1 | -0.3 | 34.6 | 4.3 | 144.3 | -107.6 | 4.9 |
| Other operating expenses | -126.2 | 40.5 | 45.9 | 90.7 | 42.6 | 1.0 | 16.8 | 5.1 |
| EBITDA [+] | 846.7 | 554.3 | 406.4 | 205.5 | 334.6 | 625.9 | 880.4 | 672.7 |
| EBITDA growth | 52.7% | 36.4% | 97.8% | -38.6% | -46.5% | -28.9% | 30.9% | -2.8% |
| EBITDA margin | 29.0% | 20.4% | 13.3% | 9.2% | 11.4% | 21.5% | 21.4% | 19.8% |
| Depreciation | 249.0 | 222.1 | 195.3 | 120.8 | 107.0 | 220.8 | 248.6 | 244.6 |
| EBITA | 597.7 | 332.2 | 211.1 | 84.6 | 227.6 | 405.0 | 631.8 | 428.1 |
| EBITA margin | 20.4% | 12.3% | 6.9% | 3.8% | 7.7% | 13.9% | 15.4% | 12.6% |
| Amortization of intangibles | 10.9 | 10.8 | 10.2 | 9.9 | 8.3 | 10.1 | 9.2 | 1.2 |
| EBIT [+] | 586.8 | 321.4 | 200.9 | 74.7 | 219.3 | 394.9 | 622.6 | 426.9 |
| EBIT growth | 82.6% | 59.9% | 168.9% | -65.9% | -44.5% | -36.6% | 45.8% | -6.7% |
| EBIT margin | 20.1% | 11.9% | 6.6% | 3.3% | 7.5% | 13.6% | 15.1% | 12.6% |
| Non-recurring items [+] | | 6.0 | 363.0 | | 37.2 | 818.8 | | |
| Asset impairment | | | | | | 74.9 | | |
| Interest income, net [+] | -6.5 | 1.7 | 30.1 | 33.9 | 9.9 | 20.9 | 7.3 | 16.0 |
| Interest expense | 12.7 | 14.9 | 18.8 | 25.9 | 25.8 | 4.3 | 15.2 | 2.0 |
| Interest income | 6.2 | 16.6 | 48.9 | 59.8 | 35.7 | 25.2 | 22.5 | 18.0 |
| Other income (expense), net [+] | -8.1 | -23.8 | 11.9 | 4.5 | 10.1 | -134.3 | 103.5 | -10.9 |
| Gain (loss) on foreign currency transactions | -8.0 | -4.9 | 2.3 | -0.6 | -9.6 | -14.0 | -6.9 | -1.5 |
| Other | 0.3 | -11.9 | 17.5 | 39.7 | 24.0 | 40.3 | -5.5 | -4.5 |
| Pre-tax income | 572.2 | 293.2 | -120.1 | 113.1 | 202.1 | -537.3 | 733.3 | 432.1 |
| Income taxes | 103.5 | -107.3 | -5.5 | 3.4 | 372.0 | 23.2 | 32.3 | 31.2 |
| Tax rate | 18.1% | | 4.6% | 3.0% | 184.1% | | 4.4% | 7.2% |
| Net income | 468.7 | 398.4 | -114.9 | 144.3 | -165.6 | -416.1 | 593.4 | 396.0 |
| Net margin | 16.0% | 14.7% | -3.8% | 6.4% | -5.6% | -14.3% | 14.4% | 11.7% |
| |
| Basic EPS [+] | $4.41 | $3.76 | ($1.09) | $1.38 | ($1.59) | ($4.05) | $5.88 | $3.96 |
| Growth | 17.2% | -444.8% | -179.2% | -186.8% | -60.8% | -168.8% | 48.6% | 5.7% |
| Diluted EPS [+] | $4.38 | $3.73 | ($1.09) | $1.36 | ($1.59) | ($4.05) | $5.83 | $3.90 |
| Growth | 17.4% | -442.1% | -180.2% | -185.7% | -60.8% | -169.4% | 49.6% | 6.0% |
| |
| Shares outstanding (basic) [+] | 106.3 | 105.9 | 105.3 | 104.7 | 104.3 | 102.9 | 100.9 | 100.0 |
| Growth | 0.4% | 0.5% | 0.5% | 0.4% | 1.4% | 2.0% | 0.8% | 6.8% |
| Shares outstanding (diluted) [+] | 106.9 | 106.7 | 105.3 | 106.1 | 104.3 | 102.9 | 101.8 | 101.6 |
| Growth | 0.2% | 1.3% | -0.8% | 1.7% | 1.4% | 1.0% | 0.2% | 6.5% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|