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-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 59,043.1 | 31,337.0 | 20,358.3 | 36,819.0 | 39,750.3 | 33,695.5 | 27,015.8 | 30,381.4 |
Revenue growth | 88.4% | 53.9% | -44.7% | -7.4% | 18.0% | 24.7% | -11.1% | -30.0% |
Cost of goods sold | 507.4 | 30,548.8 | 19,506.5 | 35,707.0 | 38,731.8 | 32,763.3 | 26,116.8 | 29,520.4 |
Gross profit | 58,535.7 | 788.2 | 851.8 | 1,112.0 | 1,018.5 | 932.2 | 899.0 | 861.0 |
Gross margin | 99.1% | 2.5% | 4.2% | 3.0% | 2.6% | 2.8% | 3.3% | 2.8% |
Selling, general and administrative | | | | | | | | 615.3 |
General and administrative | 308.7 | 634.3 | 678.0 | 792.6 | 741.7 | 735.1 | 710.1 | 249.5 |
EBITA | 58,227.0 | 184.0 | 206.9 | 352.3 | 312.7 | 239.0 | 228.6 | 276.1 |
EBITA margin | 98.6% | 0.6% | 1.0% | 1.0% | 0.8% | 0.7% | 0.8% | 0.9% |
Amortization of intangibles | | 30.1 | 33.1 | 32.9 | 35.9 | 41.9 | 39.7 | 30.4 |
EBIT | 58,227.0 | 153.9 | 173.8 | 319.4 | 276.8 | 197.1 | 188.9 | 245.7 |
EBIT margin | 98.6% | 0.5% | 0.9% | 0.9% | 0.7% | 0.6% | 0.7% | 0.8% |
Pre-tax income | 0.0 | 100.0 | 161.7 | 237.3 | 184.9 | -21.1 | 142.1 | 217.7 |
Income taxes | 29.2 | 25.8 | 52.1 | 56.2 | 55.9 | 149.2 | 15.7 | 47.2 |
Tax rate | | 25.8% | 32.2% | 23.7% | 30.2% | | 11.0% | 21.7% |
Net income | 230.1 | 73.7 | 109.5 | 178.9 | 127.7 | -170.2 | 126.4 | 174.4 |
Net margin | 0.4% | 0.2% | 0.5% | 0.5% | 0.3% | -0.5% | 0.5% | 0.6% |
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Diluted EPS | $3.67 | $1.16 | $1.71 | $2.69 | $1.89 | ($2.50) | $1.81 | $2.47 |
Shares outstanding (diluted) | 62.7 | 63.3 | 64.0 | 66.5 | 67.7 | 68.1 | 69.8 | 70.7 |
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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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