Financial Summary (All financials)
In millions, except per share items | May-31-23 | May-31-22 | May-31-21 | May-31-20 | May-31-19 | May-31-18 | May-31-17 | May-31-16 |
Revenues | 4,916.4 | 5,242.2 | 3,171.4 | 3,059.1 | 3,759.6 | 3,581.6 | 3,014.1 | 2,819.7 |
Revenue growth | -6.2% | 65.3% | 3.7% | -18.6% | 5.0% | 18.8% | 6.9% | -16.7% |
Cost of goods sold | 4,253.1 | 4,527.4 | 2,532.4 | 2,615.8 | 3,279.6 | 3,018.8 | 2,478.2 | 2,367.1 |
Gross profit | 663.3 | 714.8 | 639.1 | 443.3 | 480.0 | 562.9 | 535.9 | 452.6 |
Gross margin | 13.5% | 13.6% | 20.2% | 14.5% | 12.8% | 15.7% | 17.8% | 16.1% |
Selling, general and administrative | 428.9 | -4,527.4 | -2,532.4 | -2,615.8 | 338.4 | 367.5 | 316.4 | 297.4 |
EBITA | 400.0 | 526.5 | 927.8 | 114.6 | 253.9 | 318.2 | 343.1 | 286.0 |
EBITA margin | 8.1% | 10.0% | 29.3% | 3.7% | 6.8% | 8.9% | 11.4% | 10.1% |
Amortization of intangibles | | 14.9 | 12.3 | 12.9 | 15.3 | 19.7 | 13.5 | 15.8 |
EBIT | 400.0 | 511.6 | 915.6 | 101.7 | 238.6 | 298.5 | 329.6 | 270.2 |
EBIT margin | 8.1% | 9.8% | 28.9% | 3.3% | 6.3% | 8.3% | 10.9% | 9.6% |
Pre-tax income | 345.4 | 514.3 | 917.7 | 110.8 | 206.5 | 209.1 | 297.1 | 216.6 |
Income taxes | 76.2 | 115.0 | 176.3 | 26.3 | 43.2 | 8.2 | 79.2 | 59.0 |
Tax rate | 22.1% | 22.4% | 19.2% | 23.8% | 20.9% | 3.9% | 26.7% | 27.2% |
Net income | 269.2 | 379.4 | 723.8 | 78.8 | 153.5 | 194.8 | 204.5 | 143.7 |
Net margin | 5.5% | 7.2% | 22.8% | 2.6% | 4.1% | 5.4% | 6.8% | 5.1% |
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Diluted EPS | $5.45 | $7.44 | $13.42 | $1.41 | $0.88 | $1.04 | $3.15 | $2.22 |
Shares outstanding (diluted) | 49.4 | 51.0 | 53.9 | 56.0 | 174.8 | 187.0 | 64.9 | 64.8 |
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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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