Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 2,019.9 | 51.8 | 5.8 | 4.2 | 1,571.3 | 1,529.0 | 1,125.3 | 1,042.8 |
Revenue growth | 3799.4% | 793.1% | 38.1% | -99.7% | 2.8% | 35.9% | 7.9% | 5.1% |
Cost of goods sold | 288.6 | 266.9 | 252.5 | 235.4 | 223.5 | 212.5 | 142.8 | 129.6 |
Gross profit | 1,731.3 | -215.1 | -246.7 | -231.2 | 1,347.9 | 1,316.4 | 982.6 | 913.2 |
Gross margin | 85.7% | -415.2% | -4253.5% | -5504.6% | 85.8% | 86.1% | 87.3% | 87.6% |
Selling, general and administrative | 172.1 | 231.6 | 201.4 | 112.9 | | | | |
General and administrative | | | | | 38.9 | 40.2 | 29.0 | 25.7 |
EBIT | 1,731.3 | -215.1 | -246.7 | -231.2 | 405.0 | 374.8 | 277.5 | 291.1 |
EBIT margin | 85.7% | -415.2% | -4253.5% | -5504.6% | 25.8% | 24.5% | 24.7% | 27.9% |
Pre-tax income | 647.0 | 563.1 | 265.8 | 368.7 | 231.8 | 341.8 | 225.9 | 352.4 |
Income taxes | -6.2 | 13.6 | 3.3 | 3.7 | 2.6 | 2.6 | 1.7 | 1.7 |
Tax rate | | 2.4% | 1.3% | 1.0% | 1.1% | 0.8% | 0.8% | 0.5% |
Net income | 655.1 | 550.7 | 264.0 | 366.5 | 219.2 | 324.7 | 211.9 | 332.3 |
Net margin | 32.4% | 1063.1% | 4552.0% | 8725.8% | 14.0% | 21.2% | 18.8% | 31.9% |
|
Diluted EPS | $5.52 | $4.64 | $2.23 | $3.10 | $1.93 | $2.86 | $2.69 | $4.42 |
Shares outstanding (diluted) | 118.8 | 118.7 | 118.6 | 118.2 | 113.8 | 113.7 | 78.8 | 75.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|