Financial Summary (All financials)
In millions, except per share items | Sep-30-22 | Oct-01-21 | Oct-02-20 | Sep-27-19 | Sep-28-18 | Sep-29-17 | Sep-30-16 | Oct-02-15 |
Revenues | 5,485.5 | 5,109.1 | 3,355.7 | 3,376.8 | 3,868.0 | 3,651.4 | 3,289.0 | 3,258.4 |
Revenue growth | 7.4% | 52.3% | -0.6% | -12.7% | 5.9% | 11.0% | 0.9% | 42.2% |
Cost of goods sold | 2,881.2 | 2,596.7 | 1,742.8 | 1,773.0 | 1,917.3 | 1,809.6 | 1,623.8 | 1,703.9 |
Gross profit | 2,604.3 | 2,512.4 | 1,612.9 | 1,603.8 | 1,950.7 | 1,841.8 | 1,665.2 | 1,554.5 |
Gross margin | 47.5% | 49.2% | 48.1% | 47.5% | 50.4% | 50.4% | 50.6% | 47.7% |
Selling, general and administrative | 329.8 | 322.5 | 231.4 | 198.3 | 207.8 | 204.6 | 195.9 | 191.3 |
Research and development | 617.9 | 532.3 | 464.1 | 424.1 | 404.5 | 355.2 | 312.4 | 303.2 |
EBITA | 1,846.1 | 1,708.4 | 951.6 | 981.4 | 1,338.4 | 1,282.0 | 1,156.9 | 1,060.0 |
EBITA margin | 33.7% | 33.4% | 28.4% | 29.1% | 34.6% | 35.1% | 35.2% | 32.5% |
Amortization of intangibles | 288.4 | 86.8 | 46.0 | 22.6 | 18.3 | 27.6 | 33.4 | 33.5 |
EBIT | 1,557.7 | 1,621.6 | 905.6 | 958.8 | 1,320.1 | 1,254.4 | 1,123.5 | 1,026.5 |
EBIT margin | 28.4% | 31.7% | 27.0% | 28.4% | 34.1% | 34.4% | 34.2% | 31.5% |
Pre-tax income | 1,476.6 | 1,598.7 | 891.7 | 961.0 | 1,332.1 | 1,257.0 | 1,200.6 | 1,023.6 |
Income taxes | 201.4 | 100.4 | 76.9 | 107.4 | 413.7 | 246.8 | 205.4 | 225.3 |
Tax rate | 13.6% | 6.3% | 8.6% | 11.2% | 31.1% | 19.6% | 17.1% | 22.0% |
Net income | 1,275.2 | 1,498.3 | 814.8 | 853.6 | 918.4 | 1,010.2 | 995.2 | 798.3 |
Net margin | 23.2% | 29.3% | 24.3% | 25.3% | 23.7% | 27.7% | 30.3% | 24.5% |
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Diluted EPS | $7.81 | $8.97 | $4.80 | $4.89 | $5.01 | $5.41 | $5.18 | $4.10 |
Shares outstanding (diluted) | 163.3 | 167.0 | 169.9 | 174.5 | 183.2 | 186.7 | 192.1 | 194.9 |
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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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