Financial Summary (All financials)
In millions, except per share items | Oct-30-22 | Oct-31-21 | Oct-25-20 | Oct-27-19 | Oct-28-18 | Oct-29-17 | Oct-30-16 | Oct-25-15 |
Revenues | 12,458.8 | 11,386.2 | 9,608.5 | 9,497.3 | 9,545.7 | 9,167.5 | 9,523.2 | 9,263.9 |
Revenue growth | 9.4% | 18.5% | 1.2% | -0.5% | 4.1% | -3.7% | 2.8% | -0.6% |
Cost of goods sold | 10,294.1 | 9,458.3 | 7,782.5 | 7,612.7 | 7,566.2 | 7,170.9 | 7,365.0 | 7,455.3 |
Gross profit | 2,164.7 | 1,927.9 | 1,826.0 | 1,884.6 | 1,979.5 | 1,996.6 | 2,158.2 | 1,808.6 |
Gross margin | 17.4% | 16.9% | 19.0% | 19.8% | 20.7% | 21.8% | 22.7% | 19.5% |
Selling, general and administrative | 879.3 | 853.1 | 761.3 | 727.6 | 841.2 | 759.3 | 872.0 | 743.6 |
EBITA | 1,331.9 | 1,140.1 | 1,114.5 | 1,207.9 | 1,209.9 | 1,285.3 | 1,333.3 | 1,097.0 |
EBITA margin | 10.7% | 10.0% | 11.6% | 12.7% | 12.7% | 14.0% | 14.0% | 11.8% |
Amortization of intangibles | 19.3 | 17.5 | 14.3 | 11.6 | 12.7 | 8.4 | 8.4 | 8.1 |
EBIT | 1,312.6 | 1,122.6 | 1,100.2 | 1,196.3 | 1,197.2 | 1,276.9 | 1,324.9 | 1,088.9 |
EBIT margin | 10.5% | 9.9% | 11.5% | 12.6% | 12.5% | 13.9% | 13.9% | 11.8% |
Pre-tax income | 1,278.1 | 1,126.2 | 1,114.7 | 1,209.7 | 1,181.3 | 1,278.6 | 1,317.2 | 1,057.1 |
Income taxes | 277.9 | 217.0 | 206.4 | 230.6 | 168.7 | 431.5 | 426.7 | 369.9 |
Tax rate | 21.7% | 19.3% | 18.5% | 19.1% | 14.3% | 33.7% | 32.4% | 35.0% |
Net income | 1,000.0 | 908.8 | 908.1 | 978.8 | 1,012.1 | 846.7 | 890.1 | 686.1 |
Net margin | 8.0% | 8.0% | 9.5% | 10.3% | 10.6% | 9.2% | 9.3% | 7.4% |
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Diluted EPS | $1.82 | $1.66 | $1.66 | $1.80 | $1.86 | $1.57 | $1.64 | $1.27 |
Shares outstanding (diluted) | 549.6 | 547.6 | 546.6 | 545.2 | 543.9 | 539.1 | 542.5 | 541.0 |
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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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