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 | 1,503.6 | 1,517.7 | 623.2 | 540.1 | 889.1 | 809.0 | 627.2 | 536.5 |
Revenue growth | -0.9% | 143.5% | 15.4% | -39.3% | 9.9% | 29.0% | 16.9% | -5.6% |
Cost of goods sold | 755.3 | 820.7 | 325.2 | 285.5 | 479.7 | 426.9 | 346.2 | 284.5 |
Gross profit | 748.3 | 697.0 | 298.0 | 254.6 | 409.4 | 382.1 | 281.0 | 251.9 |
Gross margin | 49.8% | 45.9% | 47.8% | 47.1% | 46.1% | 47.2% | 44.8% | 47.0% |
Selling, general and administrative | 141.4 | 147.1 | 116.0 | 116.8 | 123.2 | 133.6 | 134.7 | 123.3 |
Research and development | 136.9 | 137.5 | 123.5 | 116.2 | 119.6 | 100.2 | 92.4 | 90.0 |
EBIT | 470.1 | 412.5 | 58.5 | 21.7 | 166.8 | 148.1 | 54.0 | 38.6 |
EBIT margin | 31.3% | 27.2% | 9.4% | 4.0% | 18.8% | 18.3% | 8.6% | 7.2% |
Pre-tax income | 477.0 | 414.6 | 64.3 | 34.7 | 177.5 | 118.5 | 56.2 | 39.0 |
Income taxes | 43.4 | 47.3 | 12.0 | 22.9 | 120.7 | -7.4 | 7.7 | -12.9 |
Tax rate | 9.1% | 11.4% | 18.6% | 66.0% | 68.0% | | 13.7% | |
Net income | 433.5 | 367.2 | 52.3 | 11.7 | 56.7 | 126.1 | 48.5 | 51.9 |
Net margin | 28.8% | 24.2% | 8.4% | 2.2% | 6.4% | 15.6% | 7.7% | 9.7% |
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Diluted EPS | $7.09 | $5.78 | $0.83 | $0.18 | $0.80 | $1.75 | $0.68 | $0.69 |
Shares outstanding (diluted) | 61.2 | 63.5 | 63.4 | 65.9 | 70.4 | 72.1 | 70.8 | 75.7 |
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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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