Financial Summary (All financials)
In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
Revenues | 6,388.0 | 3,496.4 | 2,411.2 | 1,914.6 | 1,237.0 | 883.0 | 912.4 | 1,166.4 |
Revenue growth | 82.7% | 45.0% | 25.9% | 54.8% | 40.1% | -3.2% | -21.8% | -24.0% |
Cost of goods sold | 10,043.9 | 5,466.6 | 1,792.8 | 2,905.1 | 1,997.6 | 1,451.0 | 1,432.0 | 2,061.0 |
Gross profit | -3,655.9 | -1,970.2 | 618.4 | -990.5 | -760.7 | -568.0 | -519.6 | -894.6 |
Gross margin | -57.2% | -56.4% | 25.6% | -51.7% | -61.5% | -64.3% | -56.9% | -76.7% |
Selling, general and administrative | 664.5 | 390.7 | 275.9 | 230.7 | 172.2 | 154.4 | 150.5 | 191.5 |
EBIT | 769.8 | 404.7 | 351.7 | 250.9 | 79.9 | 9.7 | -5.9 | -66.7 |
EBIT margin | 12.1% | 11.6% | 14.6% | 13.1% | 6.5% | 1.1% | -0.6% | -5.7% |
Pre-tax income | 753.1 | 342.5 | 350.0 | 257.7 | 78.2 | -16.5 | -12.3 | -109.5 |
Income taxes | 268.4 | 129.0 | 134.1 | 69.0 | -453.2 | -0.1 | -0.6 | -96.3 |
Tax rate | 35.6% | 37.7% | 38.3% | 26.8% | | 0.3% | 4.5% | 87.9% |
Net income | 483.6 | 180.1 | 163.9 | 131.1 | 306.6 | -9.3 | -4.9 | -5.4 |
Net margin | 7.6% | 5.2% | 6.8% | 6.8% | 24.8% | -1.1% | -0.5% | -0.5% |
|
Diluted EPS | $3.56 | $2.21 | $2.94 | $2.25 | $1.39 | ($0.05) | ($0.05) | ($0.06) |
Shares outstanding (diluted) | 136.0 | 81.5 | 55.7 | 58.2 | 220.5 | 193.9 | 105.2 | 95.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|