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 | Dec-05-18 | Dec-31-17 | Dec-31-16 |
Revenues | 3,396.9 | 3,315.5 | 2,214.9 | 2,862.7 | 2,881.0 | 2,881.0 | 2,590.3 | 0.8 |
Revenue growth | 2.5% | 49.7% | -22.6% | -0.6% | 11.2% | | 323687.5% | -100.0% |
Cost of goods sold | 2,514.2 | 2,371.7 | 1,554.9 | 2,205.5 | 2,256.2 | 2,256.2 | 1,993.9 | 2,262.2 |
Gross profit | 882.7 | 943.8 | 660.0 | 657.2 | 624.8 | 624.8 | 596.4 | -2,261.4 |
Gross margin | 26.0% | 28.5% | 29.8% | 23.0% | 21.7% | 21.7% | 23.0% | -282675.0% |
Selling, general and administrative | 639.4 | 664.1 | 548.4 | 500.4 | 446.2 | 446.2 | 423.3 | 408.7 |
EBITA | 306.9 | 337.2 | 155.1 | 186.3 | 204.1 | 178.6 | 194.3 | 285.6 |
EBITA margin | 9.0% | 10.2% | 7.0% | 6.5% | 7.1% | 6.2% | 7.5% | 35700.0% |
Amortization of intangibles | 63.6 | 57.5 | 43.5 | 29.5 | 25.5 | | 21.2 | 17.9 |
EBIT | 243.3 | 279.7 | 111.6 | 156.8 | 178.6 | 178.6 | 173.1 | 267.7 |
EBIT margin | 7.2% | 8.4% | 5.0% | 5.5% | 6.2% | 6.2% | 6.7% | 33462.5% |
Pre-tax income | 63.8 | 203.5 | 61.1 | 109.4 | 101.8 | 101.8 | 111.9 | 226.6 |
Income taxes | -19.3 | 51.9 | -11.7 | 33.7 | 14.4 | 14.4 | 0.8 | 60.4 |
Tax rate | | 25.5% | | 30.8% | 14.1% | 14.1% | 0.7% | 26.7% |
Earnings from continuing ops | 703.1 | 230.8 | 131.6 | 588.6 | 159.8 | 87.4 | 53.4 | 331.4 |
Earnings from discontinued ops | | | | | | 72.1 | | |
Net income | 703.1 | 230.8 | 131.6 | 588.6 | 159.8 | 159.5 | 53.4 | 331.4 |
Net margin | 20.7% | 7.0% | 5.9% | 20.6% | 5.5% | 5.5% | 2.1% | 41425.0% |
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Diluted EPS | $7.63 | $2.51 | $1.45 | $7.58 | $1.99 | $1.09 | $0.65 | $3.92 |
Shares outstanding (diluted) | 92.2 | 92.1 | 90.6 | 77.7 | 80.4 | 80.4 | 82.1 | 84.6 |
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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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