Financial Summary (All financials)
In millions, except per share items | Sep-29-18 | Sep-30-17 | Oct-01-16 | Oct-03-15 | Sep-27-14 | Sep-28-13 | Sep-29-12 | Oct-01-11 |
Revenues | 59,434 | 55,137 | 55,632 | 52,465 | 48,813 | 45,041 | 42,278 | 40,893 |
Revenue growth | 7.8% | -0.9% | 6.0% | 7.5% | 8.4% | 6.5% | 3.4% | 7.4% |
Cost of goods sold | 32,726 | 30,306 | 29,993 | 28,364 | 26,420 | 25,034 | 23,468 | 33,167 |
Gross profit | 26,708 | 24,831 | 25,639 | 24,101 | 22,393 | 20,007 | 18,810 | 7,726 |
Gross margin | 44.9% | 45.0% | 46.1% | 45.9% | 45.9% | 44.4% | 44.5% | 18.9% |
Selling, general and administrative | 8,860 | 8,176 | 8,754 | 8,523 | 8,565 | 8,365 | 7,960 | -55 |
EBITA | 15,586 | 14,212 | 15,491 | 14,260 | 12,587 | 10,625 | 9,932 | 8,513 |
EBITA margin | 26.2% | 25.8% | 27.8% | 27.2% | 25.8% | 23.6% | 23.5% | 20.8% |
Amortization of intangibles | 253 | 196 | 207 | 222 | 224 | 235 | 203 | 182 |
EBIT | 15,333 | 14,016 | 15,284 | 14,038 | 12,363 | 10,390 | 9,729 | 8,331 |
EBIT margin | 25.8% | 25.4% | 27.5% | 26.8% | 25.3% | 23.1% | 23.0% | 20.4% |
Pre-tax income | 14,729 | 13,788 | 14,868 | 13,868 | 12,246 | 9,620 | 9,260 | 8,043 |
Income taxes | 1,663 | 4,422 | 5,078 | 5,016 | 4,242 | 2,984 | 3,087 | 2,785 |
Tax rate | 11.3% | 32.1% | 34.2% | 36.2% | 34.6% | 31.0% | 33.3% | 34.6% |
Net income | 12,598 | 8,980 | 9,391 | 8,382 | 7,501 | 6,136 | 5,682 | 4,807 |
Net margin | 21.2% | 16.3% | 16.9% | 16.0% | 15.4% | 13.6% | 13.4% | 11.8% |
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Diluted EPS | $8.36 | $5.69 | $5.73 | $4.90 | $4.26 | $3.38 | $3.13 | $2.52 |
Shares outstanding (diluted) | 1,507 | 1,578 | 1,639 | 1,709 | 1,759 | 1,813 | 1,818 | 1,909 |
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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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