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 | 5,864.7 | 5,739.7 | 4,542.0 | 3,978.9 | 3,768.7 | 3,601.1 | 3,421.8 | 3,275.5 |
Revenue growth | 2.2% | 26.4% | 14.2% | 5.6% | 4.7% | 5.2% | 4.5% | 6.5% |
Cost of goods sold | 679.3 | 689.2 | 543.7 | 479.3 | 450.6 | 437.2 | 419.7 | 407.6 |
Gross profit | 5,185.4 | 5,050.6 | 3,998.3 | 3,499.6 | 3,318.2 | 3,163.9 | 3,002.1 | 2,867.9 |
Gross margin | 88.4% | 88.0% | 88.0% | 88.0% | 88.0% | 87.9% | 87.7% | 87.6% |
Selling, general and administrative | 3,024.5 | 2,676.5 | 2,187.7 | 2,117.1 | 1,981.2 | 1,807.1 | | |
General and administrative | 30.8 | 29.9 | 28.5 | 26.9 | 33.2 | 34.0 | 37.3 | 49.8 |
EBIT | 1,449.7 | 1,640.9 | 964.4 | 539.4 | 620.9 | 569.8 | 739.6 | 866.1 |
EBIT margin | 24.7% | 28.6% | 21.2% | 13.6% | 16.5% | 15.8% | 21.6% | 26.4% |
Pre-tax income | 1,217.9 | 1,475.5 | 796.7 | 378.1 | 477.5 | 637.6 | 628.4 | 768.9 |
Income taxes | 294.9 | 352.2 | 185.8 | -63.9 | 106.7 | -153.0 | 229.9 | 279.9 |
Tax rate | 24.2% | 23.9% | 23.3% | | 22.3% | | 36.6% | 36.4% |
Net income | 923.0 | 1,123.3 | 610.9 | 442.0 | 370.9 | 790.6 | 398.4 | 489.0 |
Net margin | 15.7% | 19.6% | 13.4% | 11.1% | 9.8% | 22.0% | 11.6% | 14.9% |
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Diluted EPS | $4.71 | $5.73 | $3.12 | $22.55 | $18.93 | $40.36 | $20.34 | $24.95 |
Shares outstanding (diluted) | 196.1 | 196.1 | 196.1 | 19.6 | 19.6 | 19.6 | 19.6 | 19.6 |
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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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