Financial Summary (All financials)
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 |
Revenues | 4,771.7 | 4,235.7 | 4,289.8 | 4,346.8 | 3,763.7 | 3,666.9 | 3,381.1 | 3,507.2 |
Revenue growth | 12.7% | -1.3% | -1.3% | 15.5% | 2.6% | 8.5% | -3.6% | 1.5% |
Cost of goods sold | 3,796.5 | 3,333.8 | 3,417.2 | 3,428.3 | 2,916.2 | 2,890.9 | 2,721.3 | 2,919.9 |
Gross profit | 975.3 | 901.9 | 872.5 | 918.5 | 847.5 | 776.0 | 659.7 | 587.3 |
Gross margin | 20.4% | 21.3% | 20.3% | 21.1% | 22.5% | 21.2% | 19.5% | 16.7% |
Selling, general and administrative | 704.9 | 702.7 | 660.6 | 734.2 | 573.0 | 552.9 | 505.9 | 488.5 |
EBITA | 321.7 | 287.5 | 255.8 | 233.8 | 341.3 | 240.1 | 169.6 | 98.4 |
EBITA margin | 6.7% | 6.8% | 6.0% | 5.4% | 9.1% | 6.5% | 5.0% | 2.8% |
Amortization of intangibles | 33.1 | 28.5 | 31.0 | 22.2 | 15.9 | 12.7 | 7.9 | |
EBIT | 288.6 | 258.9 | 224.8 | 211.6 | 325.4 | 227.4 | 161.7 | 98.4 |
EBIT margin | 6.0% | 6.1% | 5.2% | 4.9% | 8.6% | 6.2% | 4.8% | 2.8% |
Pre-tax income | 204.4 | 116.7 | 120.0 | 131.1 | 142.3 | 130.3 | 86.0 | -78.3 |
Income taxes | 35.5 | 25.1 | 57.1 | -10.1 | 137.8 | -246.4 | -5.4 | 5.8 |
Tax rate | 17.4% | 21.5% | 47.5% | | 96.8% | | | |
Earnings from continuing ops | 168.8 | 91.6 | 63.0 | 141.2 | -2.3 | -19.5 | -290.5 | -178.8 |
Earnings from discontinued ops | | | | | | | | -5.4 |
Net income | 168.8 | 91.6 | 63.0 | 141.9 | -2.3 | -19.5 | -290.5 | -184.1 |
Net margin | 3.5% | 2.2% | 1.5% | 3.3% | -0.1% | -0.5% | -8.6% | -5.3% |
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Diluted EPS | $1.72 | $0.90 | $0.62 | $1.33 | ($0.02) | ($1.08) | ($15.88) | ($8.75) |
Shares outstanding (diluted) | 98.4 | 101.7 | 101.5 | 106.4 | 97.5 | 18.0 | 18.3 | 20.4 |
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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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