Financial Summary (All financials)
In millions, except per share items | Mar-31-20 | Mar-31-19 | Mar-31-18 | Oct-31-16 |
Revenues | 4,504 | 4,030 | 2,819 | 2,732 |
Revenue growth | 11.8% | 43.0% | | |
Cost of goods sold | 5,234 | 3,918 | 2,620 | 2,086 |
Gross profit | -730 | 112 | 199 | 646 |
Gross margin | -16.2% | 2.8% | 7.1% | 23.6% |
Selling, general and administrative | 0 | 0 | 0 | 2,603 |
EBITA | -489 | 317 | 199 | 184 |
EBITA margin | -10.9% | 7.9% | 7.1% | 6.7% |
Amortization of intangibles | 229 | 204 | | 58 |
EBIT | -718 | 113 | 199 | 126 |
EBIT margin | -15.9% | 2.8% | 7.1% | 4.6% |
Pre-tax income | -730 | 112 | 199 | 129 |
Income taxes | -54 | 40 | -9 | 49 |
Tax rate | 7.4% | 35.7% | | 38.0% |
Net income | -676 | 72 | 208 | 80 |
Net margin | -15.0% | 1.8% | 7.4% | 2.9% |
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Diluted EPS | ($4.17) | $0.44 | $1.46 | $0.56 |
Shares outstanding (diluted) | 162 | 165 | 142 | 142 |
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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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