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 | 147.9 | 143.0 | 85.8 | 84.0 | 83.0 | 37.4 | 16.4 | 701.8 |
Revenue growth | 3.4% | 66.7% | 2.1% | 1.1% | 121.9% | 127.9% | -97.7% | -4.0% |
Cost of goods sold | 89.5 | 82.0 | 22.7 | 9.6 | -15.8 | 29.7 | 68.5 | 54.4 |
Gross profit | 58.4 | 61.0 | 63.1 | 74.4 | 98.8 | 7.8 | -52.0 | 647.4 |
Gross margin | 39.5% | 42.6% | 73.5% | 88.6% | 119.0% | 20.7% | -317.0% | 92.2% |
General and administrative | 93.0 | 89.3 | 80.5 | 75.9 | 80.0 | 87.6 | 65.6 | 53.4 |
EBITA | 1,054.7 | 951.6 | 663.9 | 734.7 | 815.2 | 645.7 | 298.7 | 303.7 |
EBITA margin | 713.3% | 665.6% | 773.9% | 874.7% | 981.7% | 1725.6% | 1819.6% | 43.3% |
Amortization of intangibles | 10.5 | 16.5 | 22.5 | 37.5 | 62.9 | 90.0 | 55.5 | |
EBIT | 1,044.2 | 935.1 | 641.4 | 697.2 | 752.3 | 555.7 | 243.2 | 303.7 |
EBIT margin | 706.2% | 654.1% | 747.7% | 830.0% | 905.9% | 1485.1% | 1481.3% | 43.3% |
Pre-tax income | 817.7 | 580.6 | 368.0 | 380.8 | 427.3 | 260.3 | -5.8 | 131.7 |
Income taxes | 70.8 | 50.4 | 38.2 | 27.6 | 70.6 | -93.3 | 0.0 | 4.0 |
Tax rate | 8.7% | 8.7% | 10.4% | 7.2% | 16.5% | | 0.8% | 3.1% |
Net income | 694.8 | 484.5 | 288.4 | 339.0 | 349.6 | 344.6 | -13.5 | 111.1 |
Net margin | 469.9% | 338.9% | 336.2% | 403.7% | 421.0% | 920.9% | -82.3% | 15.8% |
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Diluted EPS | $11.19 | $7.22 | $4.16 | $4.54 | $4.35 | $4.52 | ($0.24) | $2.71 |
Shares outstanding (diluted) | 62.1 | 67.1 | 69.3 | 74.7 | 80.4 | 76.2 | 56.0 | 40.9 |
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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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