Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 20.2 | 1,576.3 | 1,622.0 | 712.9 | -44.0 |
Revenue growth | -98.7% | -2.8% | 127.5% | -1720.3% | |
Cost of goods sold | 1,144.6 | 0.0 | 0.0 | 0.0 | -766.9 |
Gross profit | -1,124.4 | 1,576.3 | 1,622.0 | 712.9 | 722.9 |
Gross margin | -5568.4% | 100.0% | 100.0% | 100.0% | -1643.1% |
General and administrative | 38.1 | 1,178.4 | 1,112.8 | 695.8 | 51.0 |
EBITA | -724.6 | -799.1 | 494.1 | 5.8 | 581.3 |
EBITA margin | -3588.4% | -50.7% | 30.5% | 0.8% | -1321.3% |
Amortization of intangibles | | 4.0 | | | |
EBIT | -724.6 | -803.1 | 494.1 | 5.8 | 581.3 |
EBIT margin | -3588.4% | -50.9% | 30.5% | 0.8% | -1321.3% |
Pre-tax income | 420.0 | 386.9 | 494.1 | 5.8 | 97.6 |
Income taxes | 91.4 | 103.1 | 123.5 | 0.3 | 24.3 |
Tax rate | 21.8% | 26.7% | 25.0% | 4.3% | 24.9% |
Net income | 328.6 | 283.8 | 370.6 | 5.6 | 73.3 |
Net margin | 1627.4% | 18.0% | 22.8% | 0.8% | -166.7% |
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Diluted EPS | $5.35 | $4.67 | $6.17 | | |
Shares outstanding (diluted) | 61.4 | 60.8 | 60.1 | | |
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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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