Financial Summary (All financials)
In millions, except per share items | Apr-01-23 | Apr-02-22 | Mar-27-21 | Mar-28-20 | Mar-30-19 | Mar-31-18 | Apr-01-17 | Apr-02-16 |
Revenues | 5,619.0 | 5,654.0 | 4,060.0 | 5,551.0 | 5,238.0 | 4,719.0 | 4,494.0 | 4,712.1 |
Revenue growth | -0.6% | 39.3% | -26.9% | 6.0% | 11.0% | 5.0% | -4.6% | 7.8% |
Cost of goods sold | 1,895.0 | 1,910.0 | 1,463.0 | 2,280.0 | 2,058.0 | 1,860.0 | 1,833.0 | 1,914.9 |
Gross profit | 3,724.0 | 3,744.0 | 2,597.0 | 3,271.0 | 3,180.0 | 2,859.0 | 2,661.0 | 2,797.2 |
Gross margin | 66.3% | 66.2% | 64.0% | 58.9% | 60.7% | 60.6% | 59.2% | 59.4% |
Selling, general and administrative | 2,708.0 | 2,533.0 | 2,018.0 | 2,464.0 | 2,075.0 | 1,767.0 | 1,541.0 | 1,428.0 |
EBITA | 881.0 | 1,067.0 | 414.0 | 607.0 | 917.0 | 910.0 | 922.0 | 1,197.0 |
EBITA margin | 15.7% | 18.9% | 10.2% | 10.9% | 17.5% | 19.3% | 20.5% | 25.4% |
Amortization of intangibles | 44.0 | 49.0 | 47.0 | 49.0 | 37.0 | 26.0 | 22.0 | 11.0 |
EBIT | 837.0 | 1,018.0 | 367.0 | 558.0 | 880.0 | 884.0 | 900.0 | 1,186.0 |
EBIT margin | 14.9% | 18.0% | 9.0% | 10.1% | 16.8% | 18.7% | 20.0% | 25.2% |
Pre-tax income | 648.0 | 915.0 | 3.0 | -215.0 | 621.0 | 742.0 | 689.0 | 1,172.3 |
Income taxes | 29.0 | 92.0 | 66.0 | 10.0 | 79.0 | 150.0 | 137.0 | 334.6 |
Tax rate | 4.5% | 10.1% | 2200.0% | | 12.7% | 20.2% | 19.9% | 28.5% |
Net income | 616.0 | 822.0 | -62.0 | -223.0 | 543.0 | 592.0 | 553.0 | 839.1 |
Net margin | 11.0% | 14.5% | -1.5% | -4.0% | 10.4% | 12.5% | 12.3% | 17.8% |
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Diluted EPS | $4.60 | $5.39 | ($0.41) | ($1.48) | $3.58 | $3.82 | $3.29 | $4.44 |
Shares outstanding (diluted) | 134.0 | 152.5 | 150.5 | 150.7 | 151.6 | 155.1 | 168.1 | 189.1 |
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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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