Financial Summary (All financials)
In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
Revenues | 1,326.8 | 1,206.8 | 1,231.1 | 1,192.0 | 1,305.7 | 1,257.2 | 1,214.3 | 1,204.9 |
Revenue growth | 9.9% | -2.0% | 3.3% | -8.7% | 3.9% | 3.5% | 0.8% | 4.4% |
Cost of goods sold | 633.9 | 509.2 | 527.1 | 272.9 | 410.3 | 401.0 | 372.9 | 482.6 |
Gross profit | 692.9 | 697.6 | 704.0 | 919.1 | 895.3 | 856.3 | 841.4 | 722.3 |
Gross margin | 52.2% | 57.8% | 57.2% | 77.1% | 68.6% | 68.1% | 69.3% | 59.9% |
Selling, general and administrative | | | | | | | | |
General and administrative | 275.3 | 273.6 | 281.1 | 171.3 | 162.6 | 148.1 | 133.4 | 114.6 |
EBIT | 275.7 | 236.2 | 276.9 | 266.3 | 271.7 | 255.0 | 265.8 | 178.0 |
EBIT margin | 20.8% | 19.6% | 22.5% | 22.3% | 20.8% | 20.3% | 21.9% | 14.8% |
Pre-tax income | 190.3 | 144.2 | 182.2 | 178.3 | 176.1 | 156.5 | 181.2 | 110.4 |
Income taxes | 3.4 | -11.0 | -19.9 | -18.7 | 13.4 | -7.6 | 30.0 | -10.3 |
Tax rate | 1.8% | | | | 7.6% | | 16.6% | |
Net income | 186.8 | 155.2 | 202.1 | 197.0 | 162.7 | 164.2 | 151.2 | 120.7 |
Net margin | 14.1% | 12.9% | 16.4% | 16.5% | 12.5% | 13.1% | 12.5% | 10.0% |
|
Diluted EPS | $3.61 | $3.07 | $4.01 | $3.94 | $3.35 | $3.40 | $3.20 | $3.01 |
Shares outstanding (diluted) | 51.7 | 50.6 | 50.4 | 50.0 | 48.6 | 48.3 | 47.3 | 40.2 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|