Financial Summary (All financials)
In millions, except per share items | Oct-31-22 | Oct-31-21 | Oct-31-20 | Oct-31-19 | Oct-31-18 | Oct-31-17 | Oct-31-16 | Oct-31-15 |
Revenues | 10,275.6 | 8,790.4 | 7,077.7 | 7,224.0 | 7,143.3 | 5,815.1 | 5,265.0 | 4,366.4 |
Revenue growth | 16.9% | 24.2% | -2.0% | 1.1% | 22.8% | 10.4% | 20.6% | 4.9% |
Cost of goods sold | 7,789.2 | 6,847.5 | 5,660.0 | 5,663.9 | 5,536.8 | 4,562.3 | 4,214.6 | 3,430.7 |
Gross profit | 2,486.4 | 1,942.9 | 1,417.7 | 1,560.0 | 1,606.4 | 1,252.8 | 1,050.5 | 935.7 |
Gross margin | 24.2% | 22.1% | 20.0% | 21.6% | 22.5% | 21.5% | 20.0% | 21.4% |
Selling, general and administrative | 977.8 | 922.0 | 867.4 | 879.2 | 820.2 | 605.6 | 533.1 | 455.1 |
EBIT | 1,532.3 | 1,094.9 | 551.2 | 705.7 | 871.5 | 763.2 | 533.1 | 468.0 |
EBIT margin | 14.9% | 12.5% | 7.8% | 9.8% | 12.2% | 13.1% | 10.1% | 10.7% |
Pre-tax income | 1,703.7 | 1,100.3 | 586.9 | 787.2 | 933.9 | 814.3 | 589.0 | 535.6 |
Income taxes | 417.2 | 266.7 | 140.3 | 197.2 | 185.8 | 278.8 | 206.9 | 172.4 |
Tax rate | 24.5% | 24.2% | 23.9% | 25.0% | 19.9% | 34.2% | 35.1% | 32.2% |
Net income | 1,286.5 | 833.6 | 446.6 | 590.0 | 748.2 | 535.5 | 382.1 | 363.2 |
Net margin | 12.5% | 9.5% | 6.3% | 8.2% | 10.5% | 9.2% | 7.3% | 8.3% |
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Diluted EPS | $10.90 | $6.63 | $3.40 | $4.03 | $4.85 | $3.16 | $2.17 | $1.97 |
Shares outstanding (diluted) | 118.0 | 125.8 | 131.2 | 146.5 | 154.2 | 169.5 | 176.0 | 184.7 |
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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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