Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 1,220.7 | 1,228.7 | 1,119.6 | 1,870.3 | 1,807.5 | 1,690.9 | 1,657.2 | 1,591.3 |
Revenue growth | -0.6% | 9.7% | -40.1% | 3.5% | 6.9% | 2.0% | 4.1% | 47.4% |
Cost of goods sold | 769.5 | 819.6 | 774.9 | 1,292.5 | 1,228.0 | 1,097.3 | 1,109.7 | 1,097.1 |
Gross profit | 451.2 | 409.1 | 344.7 | 577.8 | 579.4 | 593.6 | 547.5 | 494.3 |
Gross margin | 37.0% | 33.3% | 30.8% | 30.9% | 32.1% | 35.1% | 33.0% | 31.1% |
Selling, general and administrative | 131.4 | 116.6 | 109.1 | 355.5 | 337.2 | 339.1 | 320.2 | 279.3 |
EBITA | 330.0 | 247.8 | 207.8 | 237.5 | 264.5 | 259.7 | 229.3 | 218.1 |
EBITA margin | 27.0% | 20.2% | 18.6% | 12.7% | 14.6% | 15.4% | 13.8% | 13.7% |
Amortization of intangibles | | | | 0.8 | 0.9 | | | |
EBIT | 330.0 | 247.8 | 207.8 | 236.7 | 263.6 | 259.7 | 229.3 | 218.1 |
EBIT margin | 27.0% | 20.2% | 18.6% | 12.7% | 14.6% | 15.4% | 13.8% | 13.7% |
Pre-tax income | 210.0 | 181.0 | 125.0 | 79.6 | 89.2 | 126.4 | 107.7 | 82.3 |
Income taxes | 62.8 | 54.1 | 31.1 | 21.6 | -1.6 | 49.2 | 41.2 | 33.2 |
Tax rate | 29.9% | 29.9% | 24.9% | 27.1% | | 38.9% | 38.3% | 40.3% |
Earnings from continuing ops | 137.7 | 215.0 | 118.0 | 79.5 | 84.6 | 71.1 | 59.2 | 36.9 |
Earnings from discontinued ops | 72.1 | -34.0 | 7.1 | | | | | |
Net income | 209.8 | 181.0 | 125.1 | 79.5 | 84.6 | 71.1 | 59.2 | 36.9 |
Net margin | 17.2% | 14.7% | 11.2% | 4.2% | 4.7% | 4.2% | 3.6% | 2.3% |
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Diluted EPS | $0.90 | $1.43 | $0.80 | $0.54 | $0.58 | $0.52 | $0.46 | $0.32 |
Shares outstanding (diluted) | 152.5 | 150.3 | 147.4 | 146.5 | 146.3 | 137.0 | 129.9 | 113.5 |
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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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