Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 2,960.4 | 2,929.6 | 3,923.4 | 3,985.8 | 3,951.2 | 4,329.5 | 4,597.1 | 4,777.6 |
Revenue growth | 1.1% | -25.3% | -1.6% | 0.9% | -8.7% | -5.8% | -3.8% | -0.4% |
Cost of goods sold | 2,389.9 | 2,334.8 | 3,192.2 | 3,221.4 | 3,091.3 | 3,394.8 | 3,680.3 | 3,807.1 |
Gross profit | 570.5 | 594.8 | 731.2 | 764.4 | 859.9 | 934.7 | 916.8 | 970.5 |
Gross margin | 19.3% | 20.3% | 18.6% | 19.2% | 21.8% | 21.6% | 19.9% | 20.3% |
Selling, general and administrative | 326.0 | 335.1 | 397.6 | 358.9 | 408.7 | 466.7 | 448.3 | 425.5 |
EBITA | 143.5 | 117.0 | 168.6 | 226.0 | 251.0 | 240.2 | 216.5 | 281.8 |
EBITA margin | 4.8% | 4.0% | 4.3% | 5.7% | 6.4% | 5.5% | 4.7% | 5.9% |
Amortization of intangibles | 31.5 | 39.1 | 44.8 | 34.4 | 18.3 | 50.7 | 79.6 | 75.9 |
EBIT | 112.0 | 77.9 | 123.8 | 191.6 | 232.7 | 189.5 | 136.9 | 205.9 |
EBIT margin | 3.8% | 2.7% | 3.2% | 4.8% | 5.9% | 4.4% | 3.0% | 4.3% |
Pre-tax income | 47.0 | -106.1 | -79.8 | 26.5 | 108.9 | 59.3 | -918.4 | 41.2 |
Income taxes | 9.5 | 0.3 | -24.4 | -2.4 | -9.2 | 13.0 | -282.8 | 20.2 |
Tax rate | 20.2% | | 30.6% | | | 21.9% | 30.8% | 49.0% |
Earnings from continuing ops | 37.8 | -106.4 | -55.7 | 60.4 | 236.2 | 44.9 | -641.9 | 18.6 |
Earnings from discontinued ops | | -21.9 | -100.6 | -22.0 | -10.9 | | | |
Net income | 37.8 | -128.3 | -156.3 | 38.4 | 225.3 | 44.9 | -641.9 | 18.6 |
Net margin | 1.3% | -4.4% | -4.0% | 1.0% | 5.7% | 1.0% | -14.0% | 0.4% |
|
Diluted EPS | $0.71 | ($2.10) | ($1.11) | $1.17 | $4.56 | $0.90 | ($13.40) | $0.38 |
Shares outstanding (diluted) | 53.0 | 50.6 | 50.0 | 51.6 | 51.8 | 49.8 | 47.9 | 48.5 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|