Financial Summary (All financials)
In millions, except per share items | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 | Mar-31-15 |
Revenues | 22,952.1 | 21,546.9 | 20,685.6 | 18,432.0 | 15,034.9 | |
Revenue growth | 6.5% | 4.2% | 12.2% | 22.6% | | |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Gross profit | 22,952.1 | 21,546.9 | 20,685.6 | 18,432.0 | 15,034.9 | |
Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |
Selling, general and administrative | 4,513.6 | 4,874.6 | 4,394.8 | 3,991.3 | 3,479.3 | |
EBIT | 18,438.4 | 16,672.3 | 16,290.8 | 14,440.7 | 11,555.6 | |
EBIT margin | 80.3% | 77.4% | 78.8% | 78.3% | 76.9% | |
Pre-tax income | 1,019.7 | 1,071.3 | 923.6 | 643.1 | 438.3 | |
Income taxes | 314.3 | 2.6 | 0.2 | 0.7 | -0.1 | |
Tax rate | 30.8% | 0.2% | 0.0% | 0.1% | | |
Net income | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
Net margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
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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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