Financial Summary (All financials)
In millions, except per share items | Mar-31-18 | Mar-31-17 | Mar-31-16 | Mar-31-15 | Mar-31-14 |
Revenues | 2,620.0 | 2,612.8 | 2,238.8 | 1,850.3 | 1,622.3 |
Revenue growth | 0.3% | 16.7% | 21.0% | 14.1% | |
Cost of goods sold | 1,525.8 | 1,587.1 | 1,343.3 | 1,076.0 | 972.6 |
Gross profit | 1,094.2 | 1,025.6 | 895.5 | 774.3 | 649.6 |
Gross margin | 41.8% | 39.3% | 40.0% | 41.8% | 40.0% |
Selling, general and administrative | 629.9 | 680.1 | 626.7 | 493.3 | 381.0 |
Research and development | 60.8 | 59.4 | 56.7 | 54.1 | 48.6 |
EBITA | 473.6 | 354.6 | 262.7 | 251.7 | 225.4 |
EBITA margin | 18.1% | 13.6% | 11.7% | 13.6% | 13.9% |
Amortization of intangibles | 70.2 | 68.6 | 49.8 | 24.5 | 18.6 |
EBIT | 403.5 | 286.0 | 212.9 | 227.2 | 206.8 |
EBIT margin | 15.4% | 10.9% | 9.5% | 12.3% | 12.7% |
Pre-tax income | 355.0 | 184.6 | 171.9 | 208.8 | 188.4 |
Income taxes | 63.4 | 74.0 | 60.3 | 73.8 | 58.9 |
Tax rate | 17.8% | 40.1% | 35.1% | 35.3% | 31.3% |
Net income | 290.9 | 110.0 | 110.8 | 135.1 | 129.4 |
Net margin | 11.1% | 4.2% | 4.9% | 7.3% | 8.0% |
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Diluted EPS | $3.39 | $1.28 | $1.56 | $2.25 | $2.17 |
Shares outstanding (diluted) | 85.7 | 86.1 | 71.2 | 60.0 | 59.7 |
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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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