Financial Summary (All financials)
In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-05-19 | Jun-30-18 | Jun-05-18 |
Revenues | 1,940.5 | 1,691.7 | 1,898.1 | 1,284.5 | 1,161.7 | 1,161.7 | 1,016.9 | 1,016.9 |
Revenue growth | 14.7% | -10.9% | 47.8% | 10.6% | 14.2% | 14.2% | 17.5% | |
Cost of goods sold | 1,179.8 | 1,021.9 | 985.8 | 676.3 | 624.1 | 624.1 | 573.3 | 573.3 |
Gross profit | 760.7 | 669.8 | 912.3 | 608.2 | 537.6 | 537.6 | 443.6 | 443.6 |
Gross margin | 39.2% | 39.6% | 48.1% | 47.3% | 46.3% | 46.3% | 43.6% | 43.6% |
Selling, general and administrative | 71.0 | 69.9 | 53.5 | 40.6 | 43.2 | 43.2 | 43.1 | 43.1 |
Research and development | 145.2 | 137.7 | 116.2 | 89.4 | 82.1 | 82.1 | 74.3 | 74.3 |
EBIT | 544.6 | 462.3 | 742.6 | 478.2 | 412.3 | 412.3 | 326.1 | 326.1 |
EBIT margin | 28.1% | 27.3% | 39.1% | 37.2% | 35.5% | 35.5% | 32.1% | 32.1% |
Pre-tax income | 486.3 | 444.4 | 727.7 | 450.2 | 381.5 | 381.5 | 314.1 | 314.1 |
Income taxes | 78.7 | 65.8 | 111.1 | 69.9 | 58.8 | 58.8 | 117.9 | 117.9 |
Tax rate | 16.2% | 14.8% | 15.3% | 15.5% | 15.4% | 15.4% | 37.5% | 37.5% |
Net income | 407.6 | 378.7 | 616.6 | 380.3 | 322.7 | 322.7 | 196.3 | 196.3 |
Net margin | 21.0% | 22.4% | 32.5% | 29.6% | 27.8% | 27.8% | 19.3% | 19.3% |
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Diluted EPS | $6.74 | $6.13 | $9.78 | $5.80 | $4.51 | $4.51 | $2.51 | $2.51 |
Shares outstanding (diluted) | 60.5 | 61.7 | 63.1 | 65.5 | 71.6 | 71.6 | 78.3 | 78.3 |
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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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