Financial Summary (All financials)
In millions, except per share items | Sep-30-17 | Sep-30-16 |
Revenues | 5,007.4 | 5,039.7 |
Revenue growth | -0.6% | |
Cost of goods sold | 3,132.6 | 3,119.8 |
Gross profit | 1,874.8 | 1,919.9 |
Gross margin | 37.4% | 38.1% |
Selling, general and administrative | 198.7 | 183.0 |
EBIT | 569.8 | 661.9 |
EBIT margin | 11.4% | 13.1% |
Pre-tax income | 352.6 | 403.3 |
Income taxes | 51.4 | 51.0 |
Tax rate | 14.6% | 12.6% |
Net income | 301.2 | 352.3 |
Net margin | 6.0% | 7.0% |
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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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