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In millions, except per share items | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 | Dec-31-11 | Dec-31-10 | Dec-31-09 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Corporation | 2,932.9 | 2,729.6 | 2,599.0 | 2,203.3 | 1,914.3 | | | |
Commercial aircraft | 2,344.0 | 2,098.3 | 2,058.9 | 1,784.7 | 1,551.2 | 1,302.0 | | 911.3 |
Business jet | 588.9 | 631.3 | 540.1 | 418.6 | 363.1 | 254.3 | | 228.3 |
Other operating segments | 43.0 | 24.4 | 24.5 | 18.1 | | | | |
Other | | | | | | 943.5 | | 798.1 |
Total revenues | 2,932.9 | 2,729.6 | 2,599.0 | 2,203.3 | 1,914.3 | 2,499.8 | 1,984.2 | 1,937.7 |
Revenue growth [+] | 7.4% | 5.0% | 18.0% | 15.1% | -23.4% | 26.0% | 2.4% | -8.2% |
Corporation | 7.4% | 5.0% | 18.0% | 15.1% | | | | |
Commercial aircraft | 11.7% | 1.9% | 15.4% | 15.1% | 19.1% | | | |
Business jet | -6.7% | 16.9% | 29.0% | 15.3% | 42.8% | | | |
Other operating segments | 76.2% | -0.4% | 35.4% | | | | | |
Cost of goods sold | 1,799.5 | 1,642.5 | 1,582.8 | 1,296.0 | 1,113.7 | 1,563.5 | 1,263.7 | 1,268.5 |
Gross profit | 1,133.4 | 1,087.1 | 1,016.2 | 907.3 | 800.6 | 936.3 | 720.5 | 669.2 |
Gross margin | 38.6% | 39.8% | 39.1% | 41.2% | 41.8% | 37.5% | 36.3% | 34.5% |
Selling, general and administrative | | | | 323.5 | 315.9 | 349.7 | 291.7 | 270.5 |
Research and development | | | | 220.9 | 191.7 | 158.6 | 112.8 | 102.6 |
EBITDA [+] | 1,217.0 | 1,172.4 | 1,158.5 | 452.5 | 368.0 | 490.1 | 368.4 | 345.6 |
EBITDA growth | 3.8% | 1.2% | 156.0% | 23.0% | -24.9% | 33.0% | 6.6% | -12.4% |
EBITDA margin | 41.5% | 43.0% | 44.6% | 20.5% | 19.2% | 19.6% | 18.6% | 17.8% |
Depreciation | 65.8 | 68.1 | 97.7 | 58.9 | 45.9 | 37.1 | 30.9 | 28.9 |
EBITA | 1,151.2 | 1,104.3 | 1,060.8 | 393.6 | 322.1 | 453.0 | 337.5 | 316.7 |
EBITA margin | 39.3% | 40.5% | 40.8% | 17.9% | 16.8% | 18.1% | 17.0% | 16.3% |
Amortization of intangibles | 17.8 | 17.2 | 44.6 | 30.7 | 29.1 | 25.0 | 21.5 | 20.6 |
EBIT [+] | 1,133.4 | 1,087.1 | 1,016.2 | 362.9 | 293.0 | 428.0 | 316.0 | 296.1 |
EBIT growth | 4.3% | 7.0% | 180.0% | 23.9% | -31.5% | 35.4% | 6.7% | -16.3% |
EBIT margin | 38.6% | 39.8% | 39.1% | 16.5% | 15.3% | 17.1% | 15.9% | 15.3% |
Interest expense, net [+] | | | | 123.4 | -124.2 | -105.0 | -92.2 | -88.4 |
Interest expense | 91.1 | 94.8 | 130.6 | 123.4 | 124.2 | 105.5 | 92.7 | 88.8 |
Interest income | | | | | 124.2 | 105.0 | 92.2 | 88.4 |
Other income (expense), net [+] | -626.8 | -635.7 | -875.8 | | -206.3 | -104.5 | -104.1 | -91.1 |
Gain (loss) on debt retirement | | | | | 82.1 | | 12.4 | 3.1 |
Write-off of deferred debt issuance costs | | | | | 82.1 | | 12.4 | 3.1 |
Pre-tax income | 415.5 | 356.6 | 9.8 | 239.5 | 86.7 | 323.0 | 211.4 | 204.6 |
Income taxes | 104.4 | 70.9 | -47.9 | 44.6 | 7.1 | 95.2 | 68.1 | 62.6 |
Tax rate | 25.1% | 19.9% | | 18.6% | 8.2% | 29.5% | 32.2% | 30.6% |
Net income | 311.1 | 285.7 | 57.7 | 365.6 | 233.7 | 227.8 | 143.3 | 142.0 |
Net margin | 10.6% | 10.5% | 2.2% | 16.6% | 12.2% | 9.1% | 7.2% | 7.3% |
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Basic EPS [+] | $3.10 | $2.75 | $0.55 | $1.89 | $0.78 | $2.25 | $1.44 | $1.44 |
Growth | 12.8% | 395.1% | -70.6% | 142.5% | -65.4% | 56.8% | -0.3% | -236.8% |
Diluted EPS [+] | $3.08 | $2.73 | $0.55 | $1.88 | $0.77 | $2.24 | $1.42 | $1.43 |
Growth | 12.8% | 395.1% | -70.6% | 142.5% | -65.4% | 57.4% | -0.7% | -235.7% |
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Dividends per share [+] | $0.84 | $0.76 | | | | | | |
Growth | 10.5% | | | | | | | |
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Shares outstanding (basic) [+] | 100.4 | 104.0 | 104.0 | 103.2 | 102.2 | 101.1 | 99.7 | 98.5 |
Growth | -3.5% | 0.0% | 0.8% | 1.0% | 1.1% | 1.4% | 1.2% | 4.5% |
Shares outstanding (diluted) [+] | 100.9 | 104.5 | 104.5 | 103.9 | 102.9 | 101.9 | 100.9 | 99.3 |
Growth | -3.4% | 0.0% | 0.6% | 1.0% | 1.0% | 1.0% | 1.6% | 5.3% |
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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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