Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
Revenues | 3,947.7 | 3,828.9 | 3,383.7 | 3,207.7 | 3,179.8 | 2,695.0 | 2,234.6 | 2,212.8 |
Revenue growth | 3.1% | 13.2% | 5.5% | 0.9% | 18.0% | 20.6% | 1.0% | 9.9% |
Cost of goods sold | 1,972.4 | 1,727.9 | 1,448.6 | 1,304.3 | 1,585.5 | 1,287.2 | 990.0 | 1,010.5 |
Gross profit | 1,975.3 | 2,101.0 | 1,935.1 | 1,903.4 | 1,594.3 | 1,407.8 | 1,244.6 | 1,202.3 |
Gross margin | 50.0% | 54.9% | 57.2% | 59.3% | 50.1% | 52.2% | 55.7% | 54.3% |
Selling, general and administrative | 1,524.8 | 1,618.4 | 1,404.0 | 1,351.8 | 1,357.0 | 1,268.0 | 1,057.6 | 925.3 |
EBITA | 360.7 | 323.7 | 300.4 | 291.7 | 264.1 | 186.3 | 219.2 | 245.2 |
EBITA margin | 9.1% | 8.5% | 8.9% | 9.1% | 8.3% | 6.9% | 9.8% | 11.1% |
Amortization of intangibles | 35.6 | 33.0 | 27.7 | 28.8 | 28.2 | 31.9 | 3.7 | 3.7 |
EBIT | 325.1 | 290.7 | 272.7 | 262.9 | 235.9 | 154.4 | 215.5 | 241.5 |
EBIT margin | 8.2% | 7.6% | 8.1% | 8.2% | 7.4% | 5.7% | 9.6% | 10.9% |
Pre-tax income | 92.8 | 252.2 | 239.6 | 218.4 | 213.1 | 121.7 | 185.0 | 276.9 |
Income taxes | 61.3 | 56.0 | -53.0 | 79.1 | 77.4 | 43.5 | 64.3 | 103.8 |
Tax rate | 66.1% | 22.2% | | 36.2% | 36.3% | 35.7% | 34.8% | 37.5% |
Net income | 31.5 | 196.2 | 292.5 | 139.3 | 135.7 | 78.2 | 120.7 | 173.0 |
Net margin | 0.8% | 5.1% | 8.6% | 4.3% | 4.3% | 2.9% | 5.4% | 7.8% |
|
Diluted EPS | $0.46 | $2.78 | $4.06 | $1.91 | $1.86 | $1.08 | $1.58 | $2.25 |
Shares outstanding (diluted) | 68.6 | 70.6 | 72.1 | 73.0 | 73.0 | 72.7 | 76.4 | 76.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|