Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 5,213.0 | 4,415.8 | 4,675.8 | 4,390.1 | 4,390.1 | 2,672.1 | 1,610.6 | 1,399.2 |
Revenue growth | 18.1% | -5.6% | 6.5% | 64.3% | | 65.9% | 15.1% | 18.7% |
Cost of goods sold | 3,994.5 | 3,398.1 | 3,645.9 | 3,434.3 | 3,434.3 | 2,175.1 | 1,210.0 | 1,026.9 |
Gross profit | 1,218.5 | 1,017.6 | 1,029.9 | 955.8 | 955.8 | 497.0 | 400.6 | 372.3 |
Gross margin | 23.4% | 23.0% | 22.0% | 21.8% | 21.8% | 18.6% | 24.9% | 26.6% |
Selling, general and administrative | 570.8 | 472.7 | 507.6 | 406.3 | 406.3 | 282.6 | 172.4 | 156.6 |
EBITA | 573.7 | 474.5 | 428.6 | 424.1 | 412.5 | 170.0 | 206.8 | 196.0 |
EBITA margin | 11.0% | 10.7% | 9.2% | 9.7% | 9.4% | 6.4% | 12.8% | 14.0% |
Amortization of intangibles | 161.8 | 152.2 | 165.9 | 201.5 | 201.5 | 135.5 | 37.9 | 37.9 |
EBIT | 411.9 | 322.3 | 262.6 | 222.6 | 211.0 | 34.4 | 169.0 | 158.1 |
EBIT margin | 7.9% | 7.3% | 5.6% | 5.1% | 4.8% | 1.3% | 10.5% | 11.3% |
Pre-tax income | 315.2 | 203.7 | 101.7 | 57.3 | 57.3 | -111.9 | 134.1 | 131.0 |
Income taxes | 80.3 | 10.9 | -29.5 | 33.0 | 33.0 | 26.6 | 21.5 | 13.9 |
Tax rate | 25.5% | 5.3% | | 57.6% | 57.6% | | 16.0% | 10.6% |
Net income | 234.8 | 192.8 | 131.3 | 24.3 | 24.3 | -138.5 | 112.6 | 117.0 |
Net margin | 4.5% | 4.4% | 2.8% | 0.6% | 0.6% | -5.2% | 7.0% | 8.4% |
|
Diluted EPS | $2.24 | $1.83 | $1.25 | $0.23 | $0.23 | ($1.85) | $2.03 | $1.95 |
Shares outstanding (diluted) | 105.1 | 105.5 | 105.0 | 104.7 | 104.7 | 74.9 | 55.6 | 60.1 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|