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-05-19 | Jun-30-18 | Jun-30-17 |
Revenues | 9,879 | 10,385 | 9,358 | 9,008 | 10,074 | 10,074 | 9,024 | 8,139 |
Revenue growth | -4.9% | 11.0% | 3.9% | -10.6% | 11.6% | | 10.9% | -1.8% |
Cost of goods sold | 5,124 | -5,124 | 4,831 | 5,000 | 5,639 | 5,639 | 4,904 | 4,529 |
Gross profit | 4,755 | 15,509 | 4,527 | 4,008 | 4,435 | 4,435 | 4,120 | 3,610 |
Gross margin | 48.1% | 149.3% | 48.4% | 44.5% | 44.0% | 44.0% | 45.7% | 44.4% |
Selling, general and administrative | 3,335 | 3,592 | 3,254 | 2,995 | 3,191 | 3,191 | 3,049 | 2,728 |
EBITA | 888 | 1,217 | 808 | 2,260 | 882 | 509 | 44 | 229 |
EBITA margin | 9.0% | 11.7% | 8.6% | 25.1% | 8.8% | 5.1% | 0.5% | 2.8% |
Amortization of intangibles | 159 | 140 | 112 | 108 | 126 | | 100 | 91 |
EBIT | 729 | 1,077 | 696 | 2,152 | 756 | 509 | -56 | 138 |
EBIT margin | 7.4% | 10.4% | 7.4% | 23.9% | 7.5% | 5.1% | -0.6% | 1.7% |
Pre-tax income | 330 | 812 | 450 | -1,524 | 354 | 354 | -1,089 | -615 |
Income taxes | 143 | 52 | 61 | 21 | 126 | 126 | 355 | 28 |
Tax rate | 43.3% | 6.4% | 13.6% | | 35.6% | 35.6% | | |
Net income | 149 | 623 | 330 | -1,269 | 155 | 155 | -1,514 | -738 |
Net margin | 1.5% | 6.0% | 3.5% | -14.1% | 1.5% | 1.5% | -16.8% | -9.1% |
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Diluted EPS | $0.26 | $1.05 | $0.56 | ($2.16) | $0.26 | | ($2.60) | ($1.27) |
Shares outstanding (diluted) | 579 | 593 | 593 | 588 | 588 | | 583 | 581 |
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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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