Overview Financials News + Filings Key Docs Charts Holdings Ownership Insiders
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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Total revenues [+] | 8,930.7 | 7,574.4 | 6,205.7 | 4,162.8 | 3,047.6 | 2,488.7 | 1,702.2 | 1,032.3 |
Royalties | | | | | | | | 24.0 |
Products | 8,930.7 | | | | | | | 1,000.3 |
Revenue growth | 17.9% | 22.1% | 49.1% | 36.6% | 22.5% | 46.2% | 64.9% | 77.9% |
Cost of goods sold | 1,080.3 | 904.2 | 736.3 | 547.8 | 409.5 | 275.1 | 210.5 | 117.2 |
Gross profit | 7,850.4 | 6,670.2 | 5,469.4 | 3,615.0 | 2,638.1 | 2,213.5 | 1,491.7 | 915.2 |
Gross margin | 87.9% | 88.1% | 88.1% | 86.8% | 86.6% | 88.9% | 87.6% | 88.7% |
Selling, general and administrative | 944.7 | 840.1 | 770.5 | 658.5 | 557.6 | 496.1 | 432.8 | 376.6 |
Research and development | 2,540.3 | 3,051.1 | 1,829.5 | 1,754.5 | 1,416.5 | 1,324.6 | 1,047.7 | 995.9 |
Other operating expenses | | | | | | | | 7.4 |
EBITDA [+] | | 2,904.6 | 2,978.9 | 1,308.9 | 736.4 | 454.2 | 72.6 | -402.3 |
EBITDA growth | 50.3% | -2.5% | 127.6% | 77.7% | 62.1% | 525.7% | -118.0% | -30.4% |
EBITDA margin | 48.9% | 38.3% | 48.0% | 31.4% | 24.2% | 18.3% | 4.3% | -39.0% |
Depreciation and amortization | | 125.6 | 109.5 | 106.9 | 72.4 | 61.4 | 61.4 | 62.3 |
EBIT [+] | 4,365.4 | 2,779.0 | 2,869.4 | 1,202.0 | 664.0 | 392.8 | 11.2 | -464.7 |
EBIT growth | 57.1% | -3.2% | 138.7% | 81.0% | 69.0% | 3408.0% | -102.4% | -27.6% |
EBIT margin | 48.9% | 36.7% | 46.2% | 28.9% | 21.8% | 15.8% | 0.7% | -45.0% |
Non-recurring items [+] | 58.0 | -3.1 | 13.1 | 4.5 | 28.8 | 269.6 | 1.3 | 2.2 |
Asset impairment | | | | | 29.0 | 255.3 | | |
Interest expense, net [+] | -89.8 | 61.5 | 58.2 | -5.2 | 72.5 | 69.3 | 81.4 | 84.2 |
Interest expense | 54.8 | 61.5 | 58.2 | | 72.5 | 69.3 | 81.4 | 84.2 |
Interest income | 144.6 | | | 5.2 | | | | |
Other income (expense), net [+] | -164.8 | 9.8 | 318.8 | 192.2 | 37.6 | -69.6 | 4.1 | -6.7 |
Other | 164.8 | 4.9 | 296.6 | 192.2 | -0.8 | -81.4 | 4.1 | -6.7 |
Pre-tax income | 4,232.4 | 2,730.4 | 3,116.9 | 1,394.9 | 600.2 | -15.7 | -67.4 | -557.8 |
Income taxes | 910.4 | 388.3 | 405.2 | 218.1 | -1,486.9 | -107.3 | 16.7 | 30.4 |
Tax rate | 21.5% | 14.2% | 13.0% | 15.6% | | 684.1% | | |
Minority interest | | | | | -9.8 | -171.8 | 28.0 | -31.8 |
Net income | 3,322.0 | 2,342.1 | 2,711.7 | 1,176.8 | 2,096.9 | 263.5 | -112.1 | -556.3 |
Net margin | 37.2% | 30.9% | 43.7% | 28.3% | 68.8% | 10.6% | -6.6% | -53.9% |
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Basic EPS [+] | $12.97 | $9.09 | $10.44 | $4.58 | $8.25 | $1.06 | ($0.46) | ($2.31) |
Growth | 42.7% | -12.9% | 127.7% | -44.4% | 678.8% | -331.2% | -80.1% | -26.9% |
Diluted EPS [+] | $12.82 | $9.01 | $10.29 | $4.51 | $8.09 | $1.04 | ($0.46) | ($2.31) |
Growth | 42.3% | -12.5% | 128.1% | -44.2% | 677.5% | -327.2% | -80.1% | -26.9% |
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Shares outstanding (basic) [+] | 256.1 | 257.7 | 259.8 | 256.7 | 254.3 | 248.9 | 244.7 | 241.3 |
Growth | -0.6% | -0.8% | 1.2% | 0.9% | 2.2% | 1.7% | 1.4% | 2.6% |
Shares outstanding (diluted) [+] | 259.1 | 259.9 | 263.4 | 260.7 | 259.2 | 253.2 | 244.7 | 241.3 |
Growth | -0.3% | -1.3% | 1.0% | 0.6% | 2.4% | 3.5% | 1.4% | 2.6% |
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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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