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DENTSPLY SIRONA Inc. (XRAY)

Income Statement Business | Product | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-05-18Dec-31-17Dec-05-17
   10-K/A10-K/A10-K/A10-K/A10-K8-K10-K8-K
Total revenues   [+]3,922.04,231.03,339.04,022.03,986.03,986.33,993.43,993.4
            Revenue growth  -7.3%26.7%-17.0%0.9%-0.2%-0.2%6.6% 
Cost of goods sold  1,795.01,884.01,683.01,858.01,918.01,918.51,804.91,804.9
Gross profit  2,127.02,347.01,656.02,164.02,068.02,067.82,188.52,188.5
            Gross margin  54.2%55.5%49.6%53.8%51.9%51.9%54.8%54.8%
Selling, general and administrative  1,589.01,551.01,302.01,587.01,719.01,719.11,674.71,674.7
Research and development  174.0171.0123.0143.0    
Equity in earnings          
EBITDA   [+]692.0971.0565.0757.0459.0877.4405.01,019.3
            EBITDA margin  17.6%22.9%16.9%18.8%11.5%22.0%10.1%25.5%
Depreciation  119.0124.0142.0133.0133.0330.8127.3316.4
EBITA  573.0847.0423.0624.0326.0546.6277.7702.9
            EBITA margin  14.6%20.0%12.7%15.5%8.2%13.7%7.0%17.6%
Amortization of intangibles  209.0222.0192.0190.0198.0197.9189.1189.1
EBIT   [+]364.0625.0231.0434.0128.0348.788.6513.8
            EBIT margin  9.3%14.8%6.9%10.8%3.2%8.7%2.2%12.9%
Non-recurring items   [+]1,301.017.0234.081.01,086.01,306.81,650.92,076.1
Interest expense, net   [+]60.055.046.027.035.0 35.9 
Other income (expense), net  -58.0-8.0-1.012.035.0-0.3-5.3-41.2
Pre-tax income  -1,055.0545.0-50.0338.0-958.0-958.4-1,603.5-1,603.5
Income taxes  -105.0134.023.082.053.052.5-53.2-53.2
            Tax rate  10.0%24.6% 24.3%  3.3%3.3%
Minority interest        -0.3 
Net income  -950.0411.0-73.0256.0-1,011.0-1,010.9-1,550.0-1,550.3
            Net margin  -24.2%9.7%-2.2%6.4%-25.4%-25.4%-38.8%-38.8%
   
Basic EPS   [+]($4.41)$1.88($0.33)$1.15($4.51)($4.51)($6.76)($6.76)
Diluted EPS   [+]($4.41)$1.87($0.33)$1.14($4.51)($4.51)($6.76)($6.76)
   
Dividends per share   [+]$0.50$0.43$0.40$0.38$0.35$0.35$0.35$0.34
   
Shares outstanding (basic)   [+]215.5218.4219.2223.1224.3224.3229.4229.4
Shares outstanding (diluted)   [+]215.5220.2219.2224.4224.3224.3229.4229.4
   
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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