Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-05-22 | Dec-31-21 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 |
Revenues | 1,947.6 | 1,947.6 | 2,025.3 | 2,025.3 | 1,655.2 | 1,955.7 | 1,941.2 | 1,948.8 |
Revenue growth | -3.8% | -3.8% | 22.4% | | -15.4% | 0.7% | -0.4% | 25.2% |
Cost of goods sold | 1,395.3 | 1,395.3 | 1,410.4 | 1,410.4 | 1,162.8 | 1,322.2 | 1,313.4 | 1,291.5 |
Gross profit | 552.3 | 552.3 | 614.9 | 614.9 | 492.4 | 633.5 | 627.8 | 657.3 |
Gross margin | 28.4% | 28.4% | 30.4% | 30.4% | 29.7% | 32.4% | 32.3% | 33.7% |
Selling, general and administrative | 376.7 | 376.7 | 392.6 | 392.6 | 336.3 | 389.9 | 392.4 | 415.5 |
EBITA | 175.6 | 175.6 | 222.3 | 222.3 | 156.1 | 243.6 | 235.4 | 241.8 |
EBITA margin | 9.0% | 9.0% | 11.0% | 11.0% | 9.4% | 12.5% | 12.1% | 12.4% |
Amortization of intangibles | 41.5 | 41.5 | 46.3 | 46.3 | 32.8 | 35.4 | 36.7 | 35.6 |
EBIT | 134.1 | 134.1 | 176.0 | 176.0 | 123.3 | 208.2 | 198.7 | 206.2 |
EBIT margin | 6.9% | 6.9% | 8.7% | 8.7% | 7.4% | 10.6% | 10.2% | 10.6% |
Pre-tax income | 14.9 | 14.9 | 111.4 | 111.4 | 78.6 | 163.5 | 157.9 | 158.1 |
Income taxes | 28.1 | 28.1 | 9.5 | 9.5 | 16.6 | 56.7 | 51.2 | 26.4 |
Tax rate | 188.6% | 188.6% | 8.5% | 8.5% | 21.1% | 34.7% | 32.4% | 16.7% |
Net income | -13.2 | -13.2 | 101.9 | 101.9 | 62.0 | 106.8 | 106.7 | 131.7 |
Net margin | -0.7% | -0.7% | 5.0% | 5.0% | 3.7% | 5.5% | 5.5% | 6.8% |
|
Diluted EPS | ($0.14) | ($0.14) | $1.05 | $1.05 | $0.65 | $1.06 | $1.00 | $1.19 |
Shares outstanding (diluted) | 95.3 | 95.3 | 97.1 | 97.1 | 96.1 | 101.0 | 107.0 | 110.9 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|