Financial Summary (All financials)
In millions, except per share items | Dec-31-19 | Dec-31-18 | Sep-30-17 |
Revenues | 2,113.0 | 711.0 | 1,339.0 |
Revenue growth | 197.2% | | |
Cost of goods sold | 1,057.0 | 423.0 | 0.0 |
Gross profit | 1,056.0 | 288.0 | 1,339.0 |
Gross margin | 50.0% | 40.5% | 100.0% |
Selling, general and administrative | 330.0 | 181.0 | 0.0 |
EBITA | 1,595.0 | 263.0 | 357.0 |
EBITA margin | 75.5% | 37.0% | 26.7% |
Amortization of intangibles | 126.0 | 49.0 | |
EBIT | 1,469.0 | 214.0 | 357.0 |
EBIT margin | 69.5% | 30.1% | 26.7% |
Pre-tax income | 568.0 | 29.0 | 333.0 |
Income taxes | 61.0 | 16.0 | 110.0 |
Tax rate | 10.7% | 55.2% | 33.0% |
Net income | 476.0 | -16.0 | 223.0 |
Net margin | 22.5% | -2.3% | 16.7% |
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Diluted EPS | $2.20 | ($0.07) | $3.82 |
Shares outstanding (diluted) | 216.7 | 216.0 | 58.4 |
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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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