Financial Summary (All financials)
In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
Revenues | 3,079.8 | 3,044.6 | 2,225.5 | 1,755.9 | 2,058.5 | 2,308.5 | 2,546.9 | 2,270.7 |
Revenue growth | 1.2% | 36.8% | 26.7% | -14.7% | -10.8% | -9.4% | 12.2% | 9.0% |
Cost of goods sold | 2,048.9 | 1,935.4 | 1,592.6 | 1,397.1 | 1,642.8 | 1,787.5 | 1,877.7 | 1,651.3 |
Gross profit | 1,030.9 | 1,109.2 | 633.0 | 358.8 | 415.7 | 521.0 | 669.2 | 619.4 |
Gross margin | 33.5% | 36.4% | 28.4% | 20.4% | 20.2% | 22.6% | 26.3% | 27.3% |
Selling, general and administrative | 504.5 | 434.3 | 337.5 | 302.6 | 377.0 | 423.4 | 424.3 | 344.2 |
Research and development | 44.2 | 28.7 | 22.5 | 23.0 | 27.7 | 29.7 | 32.8 | 12.5 |
EBITA | 526.2 | 672.5 | 274.3 | 53.2 | -45.3 | 102.5 | 251.8 | 296.4 |
EBITA margin | 17.1% | 22.1% | 12.3% | 3.0% | -2.2% | 4.4% | 9.9% | 13.1% |
Amortization of intangibles | 44.0 | 26.2 | 19.8 | 20.0 | 24.4 | 34.7 | 39.6 | 33.7 |
EBIT | 482.2 | 646.2 | 254.5 | 33.2 | -69.7 | 67.9 | 212.1 | 262.8 |
EBIT margin | 15.7% | 21.2% | 11.4% | 1.9% | -3.4% | 2.9% | 8.3% | 11.6% |
Pre-tax income | -9.7 | 473.2 | 266.0 | -171.0 | -617.1 | -84.6 | -250.7 | 238.4 |
Income taxes | -60.4 | -147.7 | 6.6 | 15.9 | 25.8 | -73.6 | 23.8 | 91.4 |
Tax rate | 621.3% | | 2.5% | | | 87.0% | | 38.3% |
Net income | -9.7 | 473.2 | 266.0 | -155.1 | -648.4 | -60.2 | -274.5 | 147.0 |
Net margin | -0.3% | 15.5% | 12.0% | -8.8% | -31.5% | -2.6% | -10.8% | 6.5% |
|
Diluted EPS | ($0.17) | $8.00 | $4.44 | ($2.68) | ($11.27) | ($1.05) | ($4.66) | $2.35 |
Shares outstanding (diluted) | 56.6 | 59.1 | 59.9 | 57.8 | 57.5 | 57.2 | 58.9 | 62.6 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|