Financial Summary (All financials)
In millions, except per share items | Oct-01-22 | Oct-02-21 | Oct-03-20 | Sep-28-19 | Sep-29-18 | Sep-30-17 | Oct-01-16 | Oct-03-15 |
Revenues | 3,035.8 | 2,852.0 | 2,884.6 | 2,904.7 | 2,709.5 | 2,497.5 | 2,411.9 | 2,525.5 |
Revenue growth | 6.4% | -1.1% | -0.7% | 7.2% | 8.5% | 3.5% | -4.5% | -4.6% |
Cost of goods sold | 2,211.4 | 2,076.3 | 2,118.2 | 2,088.8 | 1,923.2 | 1,763.8 | 1,700.4 | 1,788.8 |
Gross profit | 824.4 | 775.7 | 766.4 | 815.8 | 786.3 | 733.8 | 711.6 | 736.7 |
Gross margin | 27.2% | 27.2% | 26.6% | 28.1% | 29.0% | 29.4% | 29.5% | 29.2% |
Selling, general and administrative | 448.5 | 412.0 | 397.9 | 404.7 | 388.4 | 346.3 | 340.0 | 371.5 |
Research and development | 109.5 | 125.5 | 110.9 | 126.5 | 129.8 | 144.2 | 147.3 | 132.3 |
EBITA | 275.9 | 250.1 | 209.6 | 279.3 | 264.2 | 234.8 | 248.7 | 253.0 |
EBITA margin | 9.1% | 8.8% | 7.3% | 9.6% | 9.8% | 9.4% | 10.3% | 10.0% |
Amortization of intangibles | 13.1 | 13.5 | 12.5 | 13.1 | 17.0 | 18.5 | 21.1 | 24.7 |
EBIT | 262.8 | 236.7 | 197.0 | 266.2 | 247.2 | 216.3 | 227.7 | 228.3 |
EBIT margin | 8.7% | 8.3% | 6.8% | 9.2% | 9.1% | 8.7% | 9.4% | 9.0% |
Pre-tax income | 203.0 | 203.8 | 5.4 | 227.0 | 182.2 | 181.7 | 172.9 | 183.8 |
Income taxes | 47.8 | 46.6 | -3.8 | 52.4 | 86.8 | 41.3 | 49.2 | 52.0 |
Tax rate | 23.6% | 22.8% | | 23.1% | 47.7% | 22.7% | 28.5% | 28.3% |
Net income | 155.2 | 157.2 | 9.2 | 174.5 | 95.2 | 141.3 | 126.7 | 131.9 |
Net margin | 5.1% | 5.5% | 0.3% | 6.0% | 3.5% | 5.7% | 5.3% | 5.2% |
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Diluted EPS | $4.83 | $4.87 | $0.28 | $4.96 | $2.64 | $3.90 | $3.47 | $3.35 |
Shares outstanding (diluted) | 32.1 | 32.3 | 33.4 | 35.2 | 36.1 | 36.2 | 36.5 | 39.3 |
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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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