Financial Summary (All financials)
In millions, except per share items | Dec-05-22 | Dec-05-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 |
Revenues | 9,142.8 | 7,417.4 | 3,910.7 | 4,128.7 | 4,064.9 |
Revenue growth | 23.3% | | -5.3% | 1.6% | |
Cost of goods sold | 9.8 | 3.5 | 9.2 | 3.7 | -10.5 |
Gross profit | 9,133.0 | 7,413.9 | 3,901.5 | 4,125.0 | 4,075.4 |
Gross margin | 99.9% | 100.0% | 99.8% | 99.9% | 100.3% |
Selling, general and administrative | 861.1 | 755.2 | 626.8 | 575.8 | 532.5 |
General and administrative | 140.0 | 124.7 | 94.4 | 69.3 | 62.0 |
EBIT | 166.9 | 142.3 | 79.0 | 0.8 | 35.5 |
EBIT margin | 1.8% | 1.9% | 2.0% | 0.0% | 0.9% |
Pre-tax income | 107.6 | 70.9 | 29.9 | -40.5 | 16.0 |
Income taxes | 35.6 | 11.6 | -1.5 | 6.2 | -7.9 |
Tax rate | 33.0% | 16.4% | | | |
Net income | 71.7 | 59.2 | 13.2 | -43.5 | 11.0 |
Net margin | 0.8% | 0.8% | 0.3% | -1.1% | 0.3% |
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Diluted EPS | $0.58 | $0.47 | $0.19 | ($0.65) | $0.16 |
Shares outstanding (diluted) | 123.2 | 125.4 | 71.1 | 66.7 | 66.6 |
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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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