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 | 3,777.1 | 3,614.7 | 2,908.7 | 2,606.8 | 2,506.6 | 2,054.5 | 1,921.6 | 1,728.2 |
Revenue growth | 4.5% | 24.3% | 11.6% | 4.0% | 22.0% | 6.9% | 11.2% | 4.3% |
Cost of goods sold | 2,465.1 | 2,301.2 | 1,857.0 | 1,673.1 | 1,675.6 | 1,324.3 | 1,246.9 | 1,096.0 |
Gross profit | 1,312.0 | 1,313.5 | 1,051.7 | 933.7 | 831.0 | 730.2 | 674.7 | 632.2 |
Gross margin | 34.7% | 36.3% | 36.2% | 35.8% | 33.2% | 35.5% | 35.1% | 36.6% |
Selling, general and administrative | 494.0 | 461.2 | 389.6 | 415.8 | 403.6 | 311.3 | 291.6 | 254.2 |
Research and development | 39.6 | 38.0 | 34.3 | 32.8 | 37.9 | 33.3 | 30.3 | 29.5 |
EBITA | 745.2 | 686.1 | 486.5 | 430.0 | 373.6 | 230.1 | 393.2 | 354.0 |
EBITA margin | 19.7% | 19.0% | 16.7% | 16.5% | 14.9% | 11.2% | 20.5% | 20.5% |
Amortization of intangibles | 3.8 | 3.5 | 2.6 | 3.1 | 6.1 | 0.9 | | |
EBIT | 741.4 | 682.6 | 483.9 | 426.9 | 367.5 | 229.2 | 393.2 | 354.0 |
EBIT margin | 19.6% | 18.9% | 16.6% | 16.4% | 14.7% | 11.2% | 20.5% | 20.5% |
Pre-tax income | 723.5 | 643.1 | 412.0 | 288.0 | 300.6 | 174.3 | 367.0 | 330.5 |
Income taxes | 211.5 | 184.0 | 149.2 | 46.5 | 71.8 | 28.2 | 90.5 | 86.1 |
Tax rate | 29.2% | 28.6% | 36.2% | 16.1% | 23.9% | 16.2% | 24.7% | 26.1% |
Net income | 512.0 | 459.1 | 262.8 | 241.5 | 228.8 | 146.1 | 276.5 | 244.4 |
Net margin | 13.6% | 12.7% | 9.0% | 9.3% | 9.1% | 7.1% | 14.4% | 14.1% |
|
Diluted EPS | $1.15 | $1.03 | $0.59 | $0.54 | $0.52 | $0.33 | $0.62 | $0.55 |
Shares outstanding (diluted) | 445.6 | 445.9 | 445.4 | 444.1 | 443.0 | 442.3 | 443.9 | 447.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|