Financial Summary (All financials)
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-31-15 | Dec-31-14 |
Revenues | 2,140.4 | 1,666.8 | 1,418.8 | 1,561.4 | 1,231.0 | 1,175.6 | 1,209.4 | 1,269.5 |
Revenue growth | 28.4% | 17.5% | -9.1% | 26.8% | 4.7% | | -4.7% | 15.8% |
Cost of goods sold | 0.0 | 0.0 | 0.0 | 291.0 | 197.0 | 197.6 | 215.5 | 216.4 |
Gross profit | 2,140.4 | 1,666.8 | 1,418.8 | 1,270.4 | 1,034.0 | 978.0 | 993.9 | 1,053.1 |
Gross margin | 100.0% | 100.0% | 100.0% | 81.4% | 84.0% | 83.2% | 82.2% | 83.0% |
Selling, general and administrative | 1,897.2 | 1,401.1 | 1,193.1 | | | | | |
General and administrative | | | | 61.9 | 48.8 | 48.5 | 49.1 | 43.9 |
EBITA | 243.1 | 265.8 | 226.2 | 322.6 | 264.1 | 270.4 | 291.9 | 297.8 |
EBITA margin | 11.4% | 15.9% | 15.9% | 20.7% | 21.5% | 23.0% | 24.1% | 23.5% |
Amortization of intangibles | | | 0.5 | | | | | |
EBIT | 243.1 | 265.8 | 225.7 | 322.6 | 264.1 | 270.4 | 291.9 | 297.8 |
EBIT margin | 11.4% | 15.9% | 15.9% | 20.7% | 21.5% | 23.0% | 24.1% | 23.5% |
Pre-tax income | 189.7 | 208.1 | 158.0 | 195.8 | 123.8 | 145.2 | 211.4 | 221.9 |
Income taxes | 0.9 | 13.1 | 35.7 | 43.2 | 29.4 | 7.1 | 77.7 | 67.1 |
Tax rate | 0.5% | 6.3% | 22.6% | 22.0% | 23.7% | 4.9% | 36.8% | 30.3% |
Net income | 0.0 | 0.0 | 0.0 | 152.7 | 94.4 | 138.1 | 133.7 | 154.7 |
Net margin | 0.0% | 0.0% | 0.0% | 9.8% | 7.7% | 11.7% | 11.1% | 12.2% |
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Diluted EPS | | | | | | | $2.20 | $2.55 |
Shares outstanding (diluted) | | | | | | | 60.7 | 60.6 |
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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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