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-30-18 | Jun-30-17 | Jun-30-16 |
Revenues | 10,496.1 | 9,211.9 | 6,918.7 | 5,806.4 | 4,568.9 | 4,036.7 | 3,480.0 | 2,984.5 |
Revenue growth | 13.9% | 33.1% | 19.2% | 27.1% | 13.2% | 16.0% | 16.6% | 6.1% |
Cost of goods sold | 4,218.3 | 3,592.4 | 2,772.2 | 2,449.6 | 1,869.4 | 1,446.0 | 1,286.2 | 1,163.4 |
Gross profit | 6,277.7 | 5,619.4 | 4,146.6 | 3,356.9 | 2,699.5 | 2,590.7 | 2,193.8 | 1,821.1 |
Gross margin | 59.8% | 61.0% | 59.9% | 57.8% | 59.1% | 64.2% | 63.0% | 61.0% |
Selling, general and administrative | 986.3 | 860.0 | 729.6 | 734.1 | 599.1 | 442.3 | 388.2 | 379.4 |
Research and development | 1,296.7 | 1,105.3 | 928.5 | 863.9 | 711.0 | 608.5 | 526.7 | 481.3 |
EBITA | 4,228.7 | 3,883.3 | 2,694.7 | 1,934.4 | 1,476.8 | 1,539.8 | 1,312.5 | 1,009.3 |
EBITA margin | 40.3% | 42.2% | 38.9% | 33.3% | 32.3% | 38.1% | 37.7% | 33.8% |
Amortization of intangibles | 260.6 | 229.1 | 206.3 | 220.6 | 87.4 | | | 7.6 |
EBIT | 3,968.1 | 3,654.2 | 2,488.5 | 1,713.8 | 1,389.4 | 1,539.8 | 1,312.5 | 1,001.7 |
EBIT margin | 37.8% | 39.7% | 36.0% | 29.5% | 30.4% | 38.1% | 37.7% | 33.6% |
Pre-tax income | 3,789.2 | 3,489.2 | 2,360.5 | 1,316.7 | 1,296.2 | 1,455.9 | 1,173.2 | 858.2 |
Income taxes | 401.8 | 167.2 | 283.1 | 101.7 | 121.2 | 653.7 | 247.2 | 153.8 |
Tax rate | 10.6% | 4.8% | 12.0% | 7.7% | 9.4% | 44.9% | 21.1% | 17.9% |
Net income | 3,387.3 | 3,321.8 | 2,078.3 | 1,216.8 | 1,175.6 | 802.3 | 926.1 | 704.4 |
Net margin | 32.3% | 36.1% | 30.0% | 21.0% | 25.7% | 19.9% | 26.6% | 23.6% |
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Diluted EPS | $24.15 | $21.92 | $13.37 | $7.70 | $7.49 | $5.10 | $5.88 | $4.49 |
Shares outstanding (diluted) | 140.2 | 151.6 | 155.4 | 158.0 | 156.9 | 157.4 | 157.5 | 156.8 |
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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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