Financial Summary (All financials)
In millions, except per share items | Jan-01-23 | Jan-02-22 | Jan-03-21 |
Revenues | 3,266.0 | 1,698.6 | 1,661.7 |
Revenue growth | 92.3% | 2.2% | |
Cost of goods sold | 1,330.0 | 420.3 | 305.4 |
Gross profit | 1,936.0 | 1,278.3 | 1,356.3 |
Gross margin | 59.3% | 75.3% | 81.6% |
Selling, general and administrative | 621.0 | 239.6 | 180.7 |
Research and development | 190.5 | 95.7 | 84.3 |
EBITA | 1,112.2 | 943.0 | 1,091.3 |
EBITA margin | 34.1% | 55.5% | 65.7% |
Amortization of intangibles | 132.5 | 27.4 | 27.3 |
EBIT | 979.7 | 915.6 | 1,064.0 |
EBIT margin | 30.0% | 53.9% | 64.0% |
Pre-tax income | 735.9 | 900.3 | 1,040.3 |
Income taxes | 187.2 | 196.1 | 230.0 |
Tax rate | 25.4% | 21.8% | 22.1% |
Net income | 548.7 | 704.2 | 810.3 |
Net margin | 16.8% | 41.5% | 48.8% |
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Diluted EPS | $9.56 | $16.41 | $18.58 |
Shares outstanding (diluted) | 57.4 | 42.9 | 43.6 |
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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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