Financial Summary (All financials)
| In millions, except per share items | Jul-31-22 | Jul-31-21 | Jul-31-20 | Jul-31-19 | Jul-31-18 | Jul-31-17 | Jul-31-16 | Jul-31-15 |
| Revenues | 3,306.6 | 2,853.9 | 2,581.8 | 2,844.9 | 2,734.2 | 2,371.9 | 2,220.3 | 2,371.2 |
| Revenue growth | 15.9% | 10.5% | -9.2% | 4.0% | 15.3% | 6.8% | -6.4% | -4.1% |
| Cost of goods sold | 2,239.2 | 1,882.2 | 1,710.2 | 1,896.6 | 1,798.4 | 1,551.0 | 1,465.5 | 1,562.6 |
| Gross profit | 1,067.4 | 971.7 | 871.6 | 948.3 | 935.8 | 820.9 | 754.8 | 808.6 |
| Gross margin | 32.3% | 34.0% | 33.8% | 33.3% | 34.2% | 34.6% | 34.0% | 34.1% |
| Selling, general and administrative | 554.8 | 519.2 | 470.3 | 497.8 | 498.9 | 442.6 | 425.1 | 460.1 |
| Research and development | 69.1 | 67.8 | 61.2 | 62.3 | 59.9 | 54.7 | 55.5 | 60.2 |
| EBITA | 452.7 | 392.9 | 340.1 | 388.2 | 377.0 | 323.6 | 274.2 | 288.3 |
| EBITA margin | 13.7% | 13.8% | 13.2% | 13.6% | 13.8% | 13.6% | 12.3% | 12.2% |
| Amortization of intangibles | 9.2 | 8.2 | | | | | | |
| EBIT | 443.5 | 384.7 | 340.1 | 388.2 | 377.0 | 323.6 | 274.2 | 288.3 |
| EBIT margin | 13.4% | 13.5% | 13.2% | 13.6% | 13.8% | 13.6% | 12.3% | 12.2% |
| Pre-tax income | 438.4 | 381.0 | 335.2 | 375.2 | 363.6 | 322.0 | 257.4 | 288.6 |
| Income taxes | 105.6 | 94.1 | 78.2 | 108.0 | 183.3 | 89.2 | 66.6 | 80.5 |
| Tax rate | 24.1% | 24.7% | 23.3% | 28.8% | 50.4% | 27.7% | 25.9% | 27.9% |
| Net income | 332.8 | 286.9 | 257.0 | 267.2 | 180.3 | 232.8 | 190.8 | 208.1 |
| Net margin | 10.1% | 10.1% | 10.0% | 9.4% | 6.6% | 9.8% | 8.6% | 8.8% |
| |
| Diluted EPS | $2.66 | $2.24 | $2.00 | $2.05 | $1.36 | $1.74 | $1.42 | $1.49 |
| Shares outstanding (diluted) | 125.2 | 128.2 | 128.3 | 130.3 | 132.2 | 134.1 | 134.8 | 139.4 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|