Financial Summary (All financials)
In millions, except per share items | Oct-01-22 | Oct-02-21 | Oct-03-20 | Sep-28-19 | Sep-29-18 | Sep-30-17 | Oct-01-16 | Oct-03-15 |
Revenues | 7,890.5 | 6,756.6 | 6,960.4 | 8,233.9 | 7,110.1 | 6,868.6 | 6,481.2 | 6,374.5 |
Revenue growth | 16.8% | -2.9% | -15.5% | 15.8% | 3.5% | 6.0% | 1.7% | 2.6% |
Cost of goods sold | 7,250.0 | 6,204.8 | 6,434.7 | 7,641.9 | 6,646.3 | 6,348.7 | 5,966.9 | 5,890.7 |
Gross profit | 640.5 | 551.8 | 525.7 | 591.9 | 463.8 | 519.9 | 514.3 | 483.9 |
Gross margin | 8.1% | 8.2% | 7.6% | 7.2% | 6.5% | 7.6% | 7.9% | 7.6% |
Selling, general and administrative | 244.6 | 234.5 | 240.9 | 260.0 | 250.9 | 251.6 | 244.6 | 239.3 |
Research and development | 21.3 | 20.9 | 22.6 | 27.6 | 30.8 | 33.7 | 37.7 | 33.1 |
EBIT | 374.6 | 296.4 | 262.2 | 304.4 | 182.1 | 227.8 | 227.5 | 203.1 |
EBIT margin | 4.7% | 4.4% | 3.8% | 3.7% | 2.6% | 3.3% | 3.5% | 3.2% |
Pre-tax income | 320.6 | 307.0 | 200.8 | 245.6 | 97.5 | 213.5 | 204.6 | 176.2 |
Income taxes | 64.5 | 38.0 | 61.0 | 104.1 | 193.1 | 74.6 | 16.8 | -201.1 |
Tax rate | 20.1% | 12.4% | 30.4% | 42.4% | 197.9% | 35.0% | 8.2% | |
Net income | 256.1 | 269.0 | 139.7 | 141.5 | -95.5 | 138.8 | 187.8 | 377.3 |
Net margin | 3.2% | 4.0% | 2.0% | 1.7% | -1.3% | 2.0% | 2.9% | 5.9% |
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Diluted EPS | $4.06 | $4.01 | $1.97 | $1.97 | ($1.37) | $1.78 | $2.38 | $4.41 |
Shares outstanding (diluted) | 63.1 | 67.1 | 70.8 | 71.7 | 69.8 | 78.1 | 78.8 | 85.6 |
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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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