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| 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 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues [+] | 1,754.0 | 1,618.0 | 1,667.0 | 1,486.0 | 1,169.0 | 873.0 | 695.0 | 555.0 |
| Services | | | | | | | 30.0 | 24.0 |
| Revenue growth | 8.4% | -2.9% | 12.2% | 27.1% | 33.9% | 25.6% | 25.2% | 196.5% |
| Cost of goods sold | 383.0 | 342.0 | 405.0 | 354.0 | 321.0 | 216.0 | 203.0 | 184.0 |
| Gross profit | 1,371.0 | 1,276.0 | 1,262.0 | 1,132.0 | 848.0 | 657.0 | 492.0 | 371.0 |
| Gross margin | 78.2% | 78.9% | 75.7% | 76.2% | 72.5% | 75.3% | 70.8% | 66.8% |
| Selling, general and administrative [+] | 112.0 | 106.0 | 106.0 | 99.0 | 102.0 | 98.0 | 90.0 | 73.0 |
| General and administrative [+] | 112.0 | 106.0 | 106.0 | 99.0 | 102.0 | 98.0 | 90.0 | 73.0 |
| General and administrative expenses | 71.0 | 66.0 | 67.0 | 64.0 | 69.0 | 65.0 | 63.0 | |
| Operating taxes | 41.0 | 40.0 | 39.0 | 35.0 | 33.0 | 33.0 | 27.0 | 16.0 |
| Equity in earnings | 595.0 | 493.0 | 535.0 | 439.0 | 223.0 | 114.0 | 77.0 | |
| Other operating expenses | 596.0 | 500.0 | 537.0 | 440.0 | 224.0 | 210.0 | 133.0 | 47.0 |
| EBITDA [+] | 1,258.0 | 1,163.0 | 1,154.0 | 1,032.0 | 745.0 | 559.0 | 407.0 | 297.0 |
| EBITDA growth | 8.2% | 0.8% | 11.8% | 38.5% | 33.3% | 37.3% | 37.0% | 163.5% |
| EBITDA margin | 71.7% | 71.9% | 69.2% | 69.4% | 63.7% | 64.0% | 58.6% | 53.5% |
| Depreciation and amortization | 141.0 | 135.0 | 120.0 | 117.0 | 116.0 | 96.0 | 61.0 | 46.0 |
| EBIT [+] | 1,117.0 | 1,028.0 | 1,034.0 | 915.0 | 629.0 | 463.0 | 346.0 | 251.0 |
| EBIT growth | 8.7% | -0.6% | 13.0% | 45.5% | 35.9% | 33.8% | 37.8% | 155.1% |
| EBIT margin | 63.7% | 63.5% | 62.0% | 61.6% | 53.8% | 53.0% | 49.8% | 45.2% |
| Non-recurring items [+] | 208.0 | 96.0 | | | | | | |
| Asset impairment | 208.0 | 96.0 | | | | | | |
| Interest expense, net [+] | 128.0 | 120.0 | 105.0 | 114.0 | 98.0 | 52.0 | 34.0 | 5.0 |
| Interest expense | 128.0 | 121.0 | 108.0 | 115.0 | 101.0 | 52.0 | 34.0 | 5.0 |
| Interest income | | 1.0 | 3.0 | 1.0 | 3.0 | | | |
| Other income (expense), net | | -1.0 | -3.0 | -1.0 | -3.0 | -1.0 | -6.0 | |
| Pre-tax income | 781.0 | 811.0 | 926.0 | 800.0 | 528.0 | 410.0 | 306.0 | 246.0 |
| Income taxes | 4.0 | 3.0 | 3.0 | 4.0 | 4.0 | 2.0 | 0.0 | 1.0 |
| Tax rate | 0.5% | 0.4% | 0.3% | 0.5% | 0.8% | 0.5% | 0.0% | 0.4% |
| Minority interest | 42.0 | 17.0 | | | | | | |
| Net income | 687.0 | 750.0 | 746.0 | 519.0 | 292.0 | 209.0 | 153.0 | 108.0 |
| Net margin | 39.2% | 46.4% | 44.8% | 34.9% | 25.0% | 23.9% | 22.0% | 19.5% |
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| Basic EPS [+] | $3.01 | $3.28 | $4.45 | $4.23 | $2.61 | $2.19 | $2.24 | |
| Growth | -8.4% | -26.2% | 5.3% | 62.2% | 18.8% | -2.2% | | |
| Diluted EPS [+] | $3.01 | $3.10 | $4.11 | $3.80 | $2.53 | $2.19 | $2.24 | |
| Growth | -2.9% | -24.7% | 8.2% | 50.1% | 15.4% | -2.2% | | |
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| Shares outstanding (basic) [+] | 228.3 | 228.3 | 167.7 | 122.8 | 112.0 | 95.2 | 68.2 | |
| Growth | 0.0% | 36.2% | 36.6% | 9.6% | 17.6% | 39.7% | | |
| Shares outstanding (diluted) [+] | 228.3 | 242.2 | 181.5 | 136.6 | 115.3 | 95.2 | 68.2 | |
| Growth | -5.7% | 33.4% | 32.9% | 18.4% | 21.1% | 39.7% | | |
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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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