Financial Summary (All financials)
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 |
Revenues | 1,858.3 | 1,594.8 | 1,791.0 | 1,807.6 | 1,675.7 | 1,638.0 | 1,797.6 | 1,725.0 |
Revenue growth | 16.5% | -11.0% | -0.9% | 7.9% | 2.3% | -8.9% | 4.2% | 69.4% |
Cost of goods sold | 1,411.8 | 1,189.4 | 1,350.4 | 1,346.2 | 1,208.5 | 1,177.6 | 1,326.6 | 1,289.6 |
Gross profit | 446.5 | 405.4 | 440.6 | 461.4 | 467.2 | 460.4 | 471.0 | 435.4 |
Gross margin | 24.0% | 25.4% | 24.6% | 25.5% | 27.9% | 28.1% | 26.2% | 25.2% |
Selling, general and administrative | 186.2 | 176.5 | 187.5 | 178.6 | 180.7 | 176.4 | 190.1 | 182.2 |
Research and development | 19.5 | 19.9 | 20.3 | 22.7 | 23.7 | 23.8 | 23.6 | 24.4 |
EBIT | 239.6 | 208.1 | 234.7 | 261.9 | 260.9 | 254.3 | 247.3 | 213.2 |
EBIT margin | 12.9% | 13.0% | 13.1% | 14.5% | 15.6% | 15.5% | 13.8% | 12.4% |
Pre-tax income | 202.3 | 138.0 | 157.3 | 204.1 | 190.9 | 170.3 | 132.6 | 123.0 |
Income taxes | 36.6 | 24.4 | 22.8 | 34.4 | -6.6 | 35.3 | 22.8 | 30.8 |
Tax rate | 18.1% | 17.7% | 14.5% | 16.9% | | 20.7% | 17.2% | 25.0% |
Earnings from continuing ops | 164.4 | 112.4 | 132.7 | 169.0 | 195.1 | 133.4 | 107.9 | 90.3 |
Earnings from discontinued ops | | | | | | | | 2.1 |
Net income | 164.4 | 112.4 | 132.7 | 169.0 | 195.1 | 133.4 | 107.9 | 92.4 |
Net margin | 8.8% | 7.0% | 7.4% | 9.3% | 11.6% | 8.1% | 6.0% | 5.4% |
|
Diluted EPS | $4.86 | $3.29 | $3.78 | $4.75 | $5.48 | $3.79 | $3.08 | $2.59 |
Shares outstanding (diluted) | 33.8 | 34.2 | 35.1 | 35.6 | 35.6 | 35.2 | 35.0 | 34.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|