Financial Summary (All financials)
In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
Revenues | 2,148.1 | 1,861.5 | 1,622.6 | 1,404.0 | 1,310.3 | 1,386.5 | 1,211.2 | 1,144.2 |
Revenue growth | 15.4% | 14.7% | 15.6% | 7.2% | -5.5% | 14.5% | 5.9% | 7.2% |
Cost of goods sold | 1,508.8 | 1,341.9 | 1,214.3 | 1,061.4 | 962.2 | 1,047.8 | 899.2 | 911.9 |
Gross profit | 639.3 | 519.6 | 408.4 | 342.7 | 348.1 | 338.8 | 312.0 | 232.3 |
Gross margin | 29.8% | 27.9% | 25.2% | 24.4% | 26.6% | 24.4% | 25.8% | 20.3% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | | | | |
General and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 37.4 | 41.2 | 33.9 | 37.2 |
EBITA | 646.1 | 524.0 | 412.9 | 345.2 | 353.6 | 345.4 | 324.1 | 251.1 |
EBITA margin | 30.1% | 28.1% | 25.4% | 24.6% | 27.0% | 24.9% | 26.8% | 21.9% |
Amortization of intangibles | 6.8 | 4.4 | 4.5 | 2.5 | 4.3 | 4.4 | 4.8 | 12.9 |
EBIT | 639.3 | 519.6 | 408.4 | 342.7 | 349.3 | 341.0 | 319.3 | 238.2 |
EBIT margin | 29.8% | 27.9% | 25.2% | 24.4% | 26.7% | 24.6% | 26.4% | 20.8% |
Pre-tax income | 588.6 | 475.1 | 429.4 | 95.4 | 283.8 | 272.0 | 294.5 | 219.3 |
Income taxes | 127.1 | 100.8 | 89.9 | 24.5 | 60.3 | 15.3 | 96.3 | 66.7 |
Tax rate | 21.6% | 21.2% | 20.9% | 25.7% | 21.2% | 5.6% | 32.7% | 30.4% |
Earnings from continuing ops | 461.5 | 374.2 | 339.4 | 70.9 | 378.2 | 256.6 | 198.2 | 152.6 |
Earnings from discontinued ops | | | 5.3 | -160.3 | -154.6 | | | |
Net income | 461.5 | 374.2 | 339.4 | 70.9 | 223.5 | 256.6 | 198.2 | 152.6 |
Net margin | 21.5% | 20.1% | 20.9% | 5.0% | 17.1% | 18.5% | 16.4% | 13.3% |
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Diluted EPS | $12.46 | $9.14 | $8.12 | $1.68 | $8.06 | $5.28 | $4.10 | $3.05 |
Shares outstanding (diluted) | 37.1 | 40.9 | 41.8 | 42.3 | 46.9 | 48.6 | 48.4 | 50.1 |
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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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