Financial Summary (All financials)
In millions, except per share items | Jan-28-23 | Jan-29-22 | Jan-30-21 | Feb-01-20 | Feb-02-19 | Feb-03-18 | Jan-28-17 | Jan-30-16 |
Revenues | 24,442 | 24,460 | 17,346 | 24,560 | 24,971 | 24,939 | 26,564 | 27,079 |
Revenue growth | -0.1% | 41.0% | -29.4% | -1.6% | 0.1% | -6.1% | -1.9% | -3.7% |
Cost of goods sold | 15,306 | 14,956 | 12,286 | 15,171 | 15,215 | 15,181 | 15,666 | 16,496 |
Gross profit | 9,136 | 9,504 | 5,060 | 9,389 | 9,756 | 9,758 | 10,898 | 10,583 |
Gross margin | 37.4% | 38.9% | 29.2% | 38.2% | 39.1% | 39.1% | 41.0% | 39.1% |
Selling, general and administrative | 8,317 | 8,047 | 6,767 | 8,998 | 9,039 | 8,954 | 9,257 | 8,468 |
EBITA | 1,666 | 2,216 | -963 | 1,141 | 1,591 | 1,420 | 1,599 | 2,138 |
EBITA margin | 6.8% | 9.1% | -5.6% | 4.6% | 6.4% | 5.7% | 6.0% | 7.9% |
Amortization of intangibles | 2 | 2 | 2 | 3 | 10 | 10 | 10 | 23 |
EBIT | 1,664 | 2,214 | -965 | 1,138 | 1,581 | 1,410 | 1,589 | 2,115 |
EBIT margin | 6.8% | 9.1% | -5.6% | 4.6% | 6.3% | 5.7% | 6.0% | 7.8% |
Pre-tax income | 1,518 | 1,866 | -4,790 | 728 | 1,420 | 1,516 | 965 | 1,678 |
Income taxes | 341 | 436 | -846 | 164 | 322 | -39 | 346 | 608 |
Tax rate | 22.5% | 23.4% | 17.7% | 22.5% | 22.7% | | 35.9% | 36.2% |
Net income | 1,177 | 1,430 | -3,944 | 564 | 1,108 | 1,566 | 627 | 1,072 |
Net margin | 4.8% | 5.8% | -22.7% | 2.3% | 4.4% | 6.3% | 2.4% | 4.0% |
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Diluted EPS | $4.19 | $4.55 | ($12.68) | $1.81 | $3.56 | $5.10 | $2.02 | $3.22 |
Shares outstanding (diluted) | 281 | 314 | 311 | 311 | 311 | 307 | 311 | 333 |
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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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