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 | 9,258.9 | 8,363.7 | 7,858.9 | 7,463.8 | 6,704.0 | 6,167.6 | 5,809.5 | 5,405.7 |
Revenue growth | 10.7% | 6.4% | 5.3% | 11.3% | 8.7% | 6.2% | 7.5% | 2.5% |
Cost of goods sold | 4,304.8 | 3,899.6 | 3,657.5 | 3,379.2 | 3,100.5 | 2,866.3 | 2,678.7 | 2,580.0 |
Gross profit | 4,954.1 | 4,464.1 | 4,201.4 | 4,084.7 | 3,603.6 | 3,301.3 | 3,130.8 | 2,825.7 |
Gross margin | 53.5% | 53.4% | 53.5% | 54.7% | 53.8% | 53.5% | 53.9% | 52.3% |
General and administrative | 1,532.9 | 1,159.0 | 1,036.8 | 1,036.0 | 927.9 | 855.5 | 814.1 | 806.5 |
EBITA | 541.1 | 761.4 | 773.7 | 691.5 | 623.3 | 540.4 | 523.9 | 456.7 |
EBITA margin | 5.8% | 9.1% | 9.8% | 9.3% | 9.3% | 8.8% | 9.0% | 8.4% |
Amortization of intangibles | 94.3 | 76.2 | 19.3 | 22.3 | 20.9 | 20.7 | 17.9 | 12.1 |
EBIT | 446.8 | 685.2 | 754.4 | 669.2 | 602.4 | 519.7 | 506.0 | 444.6 |
EBIT margin | 4.8% | 8.2% | 9.6% | 9.0% | 9.0% | 8.4% | 8.7% | 8.2% |
Pre-tax income | 367.9 | 604.0 | 662.4 | 579.4 | 515.4 | 430.0 | 425.7 | 379.5 |
Income taxes | 96.7 | 137.5 | 53.5 | 96.8 | 96.9 | 128.3 | 164.8 | 85.4 |
Tax rate | 26.3% | 22.8% | 8.1% | 16.7% | 18.8% | 29.8% | 38.7% | 22.5% |
Net income | 271.8 | 466.7 | 609.0 | 482.6 | 418.5 | 301.7 | 260.8 | 294.1 |
Net margin | 2.9% | 5.6% | 7.7% | 6.5% | 6.2% | 4.9% | 4.5% | 5.4% |
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Diluted EPS | $2.05 | $3.46 | $4.39 | $3.42 | $2.92 | $2.04 | $1.74 | $1.96 |
Shares outstanding (diluted) | 132.7 | 134.9 | 138.7 | 141.2 | 143.2 | 147.8 | 150.3 | 149.7 |
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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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