Financial Summary (All financials)
In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 | Jun-30-16 |
Revenues | 4,485.0 | 3,493.8 | 3,386.1 | 3,109.7 | 2,868.8 | 2,815.2 | 2,291.1 | 1,824.2 |
Revenue growth | 28.4% | 3.2% | 8.9% | 8.4% | 1.9% | 22.9% | 25.6% | -1.5% |
Cost of goods sold | 1,539.8 | 1,260.8 | 1,253.3 | 1,209.5 | 1,114.1 | 951.0 | 761.6 | 574.0 |
Gross profit | 2,945.2 | 2,233.0 | 2,132.9 | 1,900.2 | 1,754.7 | 1,864.2 | 1,529.5 | 1,250.2 |
Gross margin | 65.7% | 63.9% | 63.0% | 61.1% | 61.2% | 66.2% | 66.8% | 68.5% |
Sales and marketing | 948.6 | 677.1 | 622.2 | 585.0 | 518.0 | 529.1 | 444.5 | 344.2 |
Research and development | 680.6 | 440.4 | 421.4 | 370.4 | 321.8 | 322.9 | 281.2 | 194.1 |
General and administrative | 419.6 | 317.1 | 263.5 | 237.5 | 207.9 | 205.2 | 170.4 | 140.4 |
EBITA | 1,011.9 | 908.8 | 959.2 | 823.5 | 792.6 | 721.8 | 548.9 | 477.6 |
EBITA margin | 22.6% | 26.0% | 28.3% | 26.5% | 27.6% | 25.6% | 24.0% | 26.2% |
Amortization of intangibles | 326.4 | 217.1 | 216.5 | 219.6 | 189.8 | 185.9 | 130.6 | 74.2 |
EBIT | 685.5 | 691.6 | 742.7 | 604.0 | 602.7 | 535.9 | 418.3 | 403.4 |
EBIT margin | 15.3% | 19.8% | 21.9% | 19.4% | 21.0% | 19.0% | 18.3% | 22.1% |
Pre-tax income | 221.3 | 516.0 | 650.8 | 345.2 | 440.6 | 386.1 | 249.6 | 290.8 |
Income taxes | 70.8 | 118.8 | 339.9 | 110.8 | 154.9 | 143.8 | -776.4 | 6.3 |
Tax rate | 32.0% | 23.0% | 52.2% | 32.1% | 35.2% | 37.2% | | 2.2% |
Net income | 150.4 | 397.1 | 310.7 | 234.2 | 285.6 | 242.2 | 1,025.7 | 284.5 |
Net margin | 3.4% | 11.4% | 9.2% | 7.5% | 10.0% | 8.6% | 44.8% | 15.6% |
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Diluted EPS | $0.56 | $1.46 | $1.14 | $0.86 | $1.06 | $0.91 | $4.01 | $1.17 |
Shares outstanding (diluted) | 270.5 | 271.9 | 273.5 | 271.8 | 269.9 | 267.5 | 255.8 | 244.1 |
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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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