Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-25-21 | Dec-26-20 | Dec-28-19 | Dec-29-18 | Dec-30-17 | Dec-31-16 | Dec-26-15 |
Revenues | 7,436.6 | 6,537.6 | 4,133.0 | 4,084.6 | 4,615.1 | 3,646.4 | 3,167.6 | 3,321.1 |
Revenue growth | 13.8% | 58.2% | 1.2% | -11.5% | 26.6% | 15.1% | -4.6% | 4.3% |
Cost of goods sold | 6,464.1 | 5,658.4 | 3,564.1 | 3,507.0 | 3,979.8 | 3,131.2 | 2,709.6 | 2,853.2 |
Gross profit | 972.5 | 879.2 | 568.9 | 577.6 | 635.4 | 515.2 | 458.1 | 467.9 |
Gross margin | 13.1% | 13.4% | 13.8% | 14.1% | 13.8% | 14.1% | 14.5% | 14.1% |
Selling, general and administrative | 347.1 | 326.7 | 255.4 | 239.3 | 263.9 | 233.1 | 200.5 | 198.5 |
General and administrative | 125.8 | 105.5 | 87.8 | 80.3 | 75.7 | 62.5 | 57.3 | 48.8 |
EBIT | 571.1 | 505.7 | 271.0 | 298.9 | 331.7 | 244.0 | 223.3 | 241.7 |
EBIT margin | 7.7% | 7.7% | 6.6% | 7.3% | 7.2% | 6.7% | 7.0% | 7.3% |
Pre-tax income | 567.5 | 501.7 | 249.0 | 295.8 | 328.4 | 240.8 | 219.5 | 238.8 |
Income taxes | 136.5 | 120.2 | 56.9 | 68.1 | 73.2 | 63.8 | 82.1 | 91.1 |
Tax rate | 24.1% | 24.0% | 22.8% | 23.0% | 22.3% | 26.5% | 37.4% | 38.1% |
Net income | 430.9 | 381.5 | 192.1 | 227.7 | 255.3 | 177.1 | 137.4 | 147.7 |
Net margin | 5.8% | 5.8% | 4.6% | 5.6% | 5.5% | 4.9% | 4.3% | 4.4% |
|
Diluted EPS | $11.76 | $9.98 | $4.98 | $5.72 | $6.18 | $4.21 | $3.25 | $3.37 |
Shares outstanding (diluted) | 36.6 | 38.2 | 38.6 | 39.8 | 41.3 | 42.0 | 42.2 | 43.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|