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 | 3,708.6 | 3,357.3 | 2,977.9 | 3,087.9 | 2,808.0 | 2,581.9 | 2,367.1 | 2,316.2 |
Revenue growth | 10.5% | 12.7% | -3.6% | 10.0% | 8.8% | 9.1% | 2.2% | -7.6% |
Cost of goods sold | 2,868.4 | 2,607.4 | 2,238.8 | 2,301.1 | 2,104.6 | 1,920.0 | 1,713.1 | 1,704.5 |
Gross profit | 840.1 | 750.0 | 739.2 | 786.7 | 703.4 | 661.9 | 654.0 | 611.8 |
Gross margin | 22.7% | 22.3% | 24.8% | 25.5% | 25.0% | 25.6% | 27.6% | 26.4% |
Selling, general and administrative | 561.8 | 543.7 | 522.8 | 594.7 | 441.4 | 382.1 | 369.9 | 352.8 |
EBITA | 326.0 | 262.5 | 289.9 | 286.2 | 257.5 | 284.8 | 241.3 | 262.5 |
EBITA margin | 8.8% | 7.8% | 9.7% | 9.3% | 9.2% | 11.0% | 10.2% | 11.3% |
Amortization of intangibles | 30.7 | 33.3 | 33.1 | 31.0 | 14.7 | 8.4 | 8.6 | 8.3 |
EBIT | 295.3 | 229.2 | 256.7 | 255.2 | 242.7 | 276.3 | 232.8 | 254.2 |
EBIT margin | 8.0% | 6.8% | 8.6% | 8.3% | 8.6% | 10.7% | 9.8% | 11.0% |
Pre-tax income | 210.6 | 173.9 | 170.1 | 146.9 | 182.2 | 238.3 | 212.7 | 181.9 |
Income taxes | 34.8 | 30.0 | 26.8 | 9.8 | 21.6 | 118.5 | 54.5 | 50.1 |
Tax rate | 16.5% | 17.3% | 15.7% | 6.7% | 11.8% | 49.7% | 25.6% | 27.5% |
Net income | 175.8 | 143.9 | 143.4 | 137.1 | 160.2 | 119.6 | 160.2 | 136.2 |
Net margin | 4.7% | 4.3% | 4.8% | 4.4% | 5.7% | 4.6% | 6.8% | 5.9% |
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Diluted EPS | $4.25 | $3.36 | $3.32 | $3.20 | $3.73 | $2.77 | $3.64 | $2.99 |
Shares outstanding (diluted) | 41.3 | 42.8 | 43.2 | 42.9 | 43.0 | 43.1 | 44.0 | 45.5 |
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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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