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 | 2,554.0 | 2,518.4 | 2,222.6 | 1,958.6 | 1,717.0 | 1,601.6 | 1,550.1 | 1,774.0 |
Revenue growth | 1.4% | 13.3% | 13.5% | 14.1% | 7.2% | 3.3% | -12.6% | -23.2% |
Cost of goods sold | 2,174.5 | 2,138.8 | 1,893.5 | 1,678.1 | 1,463.6 | 1,369.8 | 1,320.7 | 1,524.2 |
Gross profit | 379.4 | 379.6 | 329.1 | 280.5 | 253.4 | 231.8 | 229.4 | 249.8 |
Gross margin | 14.9% | 15.1% | 14.8% | 14.3% | 14.8% | 14.5% | 14.8% | 14.1% |
Selling, general and administrative | | | | | | | | |
General and administrative | 192.6 | 221.5 | 190.8 | 167.7 | 155.2 | 140.9 | 144.5 | 155.0 |
EBITA | 213.5 | 185.6 | 163.7 | 139.1 | 121.7 | 112.9 | 106.2 | 114.9 |
EBITA margin | 8.4% | 7.4% | 7.4% | 7.1% | 7.1% | 7.0% | 6.9% | 6.5% |
Amortization of intangibles | 26.4 | 27.6 | 25.4 | 26.3 | 23.5 | 21.8 | 21.2 | 20.4 |
EBIT | 187.1 | 158.0 | 138.3 | 112.8 | 98.2 | 91.1 | 85.0 | 94.5 |
EBIT margin | 7.3% | 6.3% | 6.2% | 5.8% | 5.7% | 5.7% | 5.5% | 5.3% |
Pre-tax income | 184.3 | 156.4 | 136.1 | 110.6 | 97.2 | 90.1 | 85.4 | 79.1 |
Income taxes | 47.5 | 35.9 | 22.2 | 28.5 | -16.9 | 33.8 | 34.4 | 31.5 |
Tax rate | 25.8% | 22.9% | 16.3% | 25.8% | | 37.5% | 40.3% | 39.9% |
Net income | 137.0 | 120.5 | 113.9 | 82.1 | 114.1 | 56.4 | 51.1 | 47.3 |
Net margin | 5.4% | 4.8% | 5.1% | 4.2% | 6.6% | 3.5% | 3.3% | 2.7% |
|
Diluted EPS | $3.35 | $2.97 | $2.83 | $2.06 | $2.91 | $1.47 | $1.36 | |
Shares outstanding (diluted) | 41.0 | 40.6 | 40.2 | 39.9 | 39.2 | 38.3 | 37.6 | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|