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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-05-18 | Dec-31-17 | Dec-31-16 |
| 8-K | 10-K | 10-K | 10-K | 10-K | 8-K | 10-K | 10-K |
Total revenues | 7,238.1 | 6,461.4 | 5,109.0 | 6,074.4 | 5,800.3 | 5,800.3 | 5,266.8 | 5,250.4 |
Revenue growth | 12.0% | 26.5% | -15.9% | 4.7% | 10.1% | | 0.3% | 3.1% |
Cost of goods sold | 4,144.1 | 3,765.4 | 3,096.4 | 3,549.3 | 3,389.3 | 3,390.3 | 3,103.0 | 3,089.7 |
Gross profit | 3,094.0 | 2,696.0 | 2,012.6 | 2,525.1 | 2,411.0 | 2,410.0 | 2,163.8 | 2,160.7 |
Gross margin | 42.7% | 41.7% | 39.4% | 41.6% | 41.6% | 41.6% | 41.1% | 41.2% |
Selling, general and administrative | 2,117.3 | 1,951.3 | 1,666.0 | 1,958.3 | 1,810.6 | 1,821.1 | 1,646.5 | 1,606.2 |
Other operating expenses | 86.1 | -61.1 | -75.2 | -54.9 | 11.5 | | | 1.2 |
EBITDA [+] | 936.3 | 858.0 | 484.0 | 686.0 | 653.2 | 588.9 | 581.2 | 617.5 |
EBITDA growth | 9.1% | 77.3% | -29.4% | 5.0% | 12.4% | | -5.9% | -2.6% |
EBITDA margin | 12.9% | 13.3% | 9.5% | 11.3% | 11.3% | 10.2% | 11.0% | 11.8% |
Depreciation | 45.7 | 52.2 | 62.3 | 64.3 | 64.2 | | 63.9 | 63.1 |
EBITA | 890.6 | 805.8 | 421.8 | 621.8 | 588.9 | 588.9 | 517.3 | 554.5 |
EBITA margin | 12.3% | 12.5% | 8.3% | 10.2% | 10.2% | 10.2% | 9.8% | 10.6% |
Amortization of intangibles | 1.7 | 2.2 | 1.2 | 1.4 | 1.7 | 1.7 | 1.6 | 1.2 |
EBIT [+] | 888.9 | 803.6 | 420.5 | 620.4 | 587.2 | 587.2 | 515.7 | 553.2 |
EBIT growth | 10.6% | 91.1% | -32.2% | 5.6% | 13.9% | | -6.8% | -4.7% |
EBIT margin | 12.3% | 12.4% | 8.2% | 10.2% | 10.1% | 10.1% | 9.8% | 10.5% |
Interest income | 8.0 | 0.2 | 1.3 | 5.1 | 4.4 | 4.4 | 1.8 | 0.9 |
Interest income | 8.0 | 0.2 | 1.3 | 5.1 | 4.4 | 4.4 | 1.8 | 0.9 |
Pre-tax income | 897.0 | 803.8 | 421.9 | 625.5 | 591.6 | 591.6 | 517.5 | 554.1 |
Income taxes | 239.0 | 205.2 | 115.6 | 171.1 | 157.3 | 157.3 | 226.9 | 210.7 |
Tax rate | 26.6% | 25.5% | 27.4% | 27.4% | 26.6% | 26.6% | 43.9% | 38.0% |
Net income | 657.9 | 598.6 | 306.3 | 454.4 | 434.3 | 434.3 | 290.6 | 343.4 |
Net margin | 9.1% | 9.3% | 6.0% | 7.5% | 7.5% | 7.5% | 5.5% | 6.5% |
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Basic EPS [+] | $6.08 | $5.42 | $2.72 | $3.93 | $3.60 | $3.60 | $2.34 | $2.68 |
Growth | 12.2% | 99.4% | -30.9% | 9.0% | 54.0% | | -12.8% | -1.2% |
Diluted EPS [+] | $6.03 | $5.36 | $2.70 | $3.90 | $3.57 | $3.57 | $2.33 | $2.67 |
Growth | 12.5% | 98.3% | -30.8% | 9.3% | 53.5% | | -12.8% | -0.9% |
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Dividends per share [+] | | $1.52 | $1.36 | $1.24 | $1.12 | | $0.96 | $0.88 |
Growth | -100.0% | 11.8% | 9.7% | 10.7% | 16.7% | | 9.1% | 10.0% |
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Shares outstanding (basic) [+] | 108.2 | 110.5 | 112.7 | 115.7 | 120.5 | 120.5 | 124.2 | 128.0 |
Growth | -2.1% | -2.0% | -2.5% | -4.0% | -2.9% | | -3.0% | -2.9% |
Shares outstanding (diluted) [+] | 109.2 | 111.7 | 113.3 | 116.4 | 121.6 | 121.6 | 124.9 | 128.8 |
Growth | -2.3% | -1.4% | -2.7% | -4.3% | -2.6% | | -3.0% | -3.1% |
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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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