Financial Summary (All financials)
In millions, except per share items | Mar-31-23 | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 | Mar-31-17 | Mar-31-16 |
Revenues | 2,297.9 | 2,050.1 | 1,808.4 | 1,975.5 | 2,212.7 | 2,103.1 | 1,503.0 | 1,352.5 |
Revenue growth | 12.1% | 13.4% | -8.5% | -10.7% | 5.2% | 39.9% | 11.1% | -9.6% |
Cost of goods sold | 1,908.5 | 1,740.8 | 1,515.0 | 1,707.2 | 1,847.2 | 1,746.6 | 1,248.6 | 1,118.9 |
Gross profit | 389.4 | 309.3 | 293.4 | 268.3 | 365.5 | 356.5 | 254.4 | 233.6 |
Gross margin | 16.9% | 15.1% | 16.2% | 13.6% | 16.5% | 17.0% | 16.9% | 17.3% |
Selling, general and administrative | 234.0 | 215.1 | 210.9 | 249.6 | 244.1 | 245.8 | 203.2 | 170.0 |
EBITA | 163.4 | 96.0 | 91.0 | 67.6 | 128.7 | 120.4 | 57.3 | 65.2 |
EBITA margin | 7.1% | 4.7% | 5.0% | 3.4% | 5.8% | 5.7% | 3.8% | 4.8% |
Amortization of intangibles | 8.0 | 8.4 | 8.5 | 8.9 | 9.0 | 9.7 | 4.1 | 1.6 |
EBIT | 155.4 | 87.6 | 82.5 | 58.7 | 119.7 | 110.7 | 53.2 | 63.6 |
EBIT margin | 6.8% | 4.3% | 4.6% | 3.0% | 5.4% | 5.3% | 3.5% | 4.7% |
Pre-tax income | 125.3 | 101.5 | -119.3 | 10.4 | 80.8 | 63.3 | 20.8 | -9.9 |
Income taxes | -28.3 | 15.2 | 90.2 | 12.4 | -5.1 | 39.5 | 5.9 | -8.9 |
Tax rate | | 15.0% | | 119.2% | | 62.4% | 28.4% | 89.9% |
Net income | 153.1 | 85.2 | -210.7 | -2.2 | 84.8 | 22.2 | 14.2 | -1.6 |
Net margin | 6.7% | 4.2% | -11.7% | -0.1% | 3.8% | 1.1% | 0.9% | -0.1% |
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Diluted EPS | $2.90 | $1.62 | ($4.11) | ($0.04) | $1.65 | $0.44 | $0.29 | ($0.03) |
Shares outstanding (diluted) | 52.8 | 52.5 | 51.3 | 50.8 | 51.3 | 50.9 | 48.3 | 47.3 |
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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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