Financial Summary (All financials)
In millions, except per share items | Mar-31-17 | Mar-31-16 | Mar-31-15 | Mar-31-14 | Mar-31-12 | Mar-31-11 | Mar-31-10 |
Revenues | 11,391,016 | 11,540,997 | 11,095,317 | 10,925,174 | 10,507,362 | 10,305,003 | 10,181,376 |
Revenue growth | -1.3% | 4.0% | 1.6% | | 2.0% | 1.2% | |
Cost of goods sold | 3,367,313 | 3,428,535 | 3,383,773 | 3,246,204 | 3,167,069 | 3,218,861 | 3,225,616 |
Gross profit | 8,023,703 | 8,112,462 | 7,711,544 | 7,678,970 | 7,340,293 | 7,086,142 | 6,955,760 |
Gross margin | 70.4% | 70.3% | 69.5% | 70.3% | 69.9% | 68.8% | 68.3% |
Selling, general and administrative | 2,786,820 | 2,767,761 | 2,856,458 | 2,929,111 | 2,981,734 | 2,989,814 | 3,000,370 |
EBITA | 2,001,851 | 1,775,831 | 1,543,912 | 1,719,014 | 1,710,578 | 1,683,095 | 1,574,636 |
EBITA margin | 17.6% | 15.4% | 13.9% | 15.7% | 16.3% | 16.3% | 15.5% |
Amortization of intangibles | 408,789 | 417,191 | 449,993 | 493,436 | 481,043 | 462,649 | 443,567 |
EBIT | 1,593,062 | 1,358,640 | 1,093,919 | 1,225,578 | 1,229,535 | 1,220,446 | 1,131,069 |
EBIT margin | 14.0% | 11.8% | 9.9% | 11.2% | 11.7% | 11.8% | 11.1% |
Pre-tax income | 1,527,769 | 1,329,259 | 1,066,629 | 1,294,195 | 1,239,330 | 1,175,797 | 1,120,071 |
Income taxes | 468,370 | 354,825 | 397,349 | 486,546 | 587,793 | 475,592 | 447,001 |
Tax rate | 30.7% | 26.7% | 37.3% | 37.6% | 47.4% | 40.4% | 39.9% |
Net income | 800,129 | 737,738 | 518,066 | 585,473 | 467,701 | 509,629 | 492,266 |
Net margin | 7.0% | 6.4% | 4.7% | 5.4% | 4.5% | 4.9% | 4.8% |
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Diluted EPS | $390.94 | $350.34 | $236.85 | $254.61 | $366.67 | $385.16 | $372.01 |
Shares outstanding (diluted) | 2,047 | 2,106 | 2,187 | 2,300 | 1,276 | 1,323 | 1,323 |
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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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