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 | Apr-01-16 |
Revenues | 0.0 | 16,265.0 | 17,729.0 | 19,577.0 | 20,753.0 | 21,733.0 | 7,607.0 | 7,106.0 |
Revenue growth | -100.0% | -8.3% | -9.4% | -5.7% | -4.5% | 185.7% | 7.1% | |
Cost of goods sold | 0.0 | 12,762.0 | 12,386.0 | 14,487.0 | 15,152.0 | 16,548.0 | 5,549.0 | 5,185.0 |
Gross profit | 0.0 | 3,503.0 | 5,343.0 | 5,090.0 | 5,601.0 | 5,185.0 | 2,058.0 | 1,921.0 |
Gross margin | 100.0% | 21.5% | 30.1% | 26.0% | 27.0% | 23.9% | 27.1% | 27.0% |
Selling, general and administrative | 0.0 | 1,408.0 | 2,066.0 | 2,050.0 | 1,959.0 | 1,890.0 | 1,282.0 | 1,059.0 |
EBITA | 0.0 | 2,008.0 | 642.0 | 3,353.0 | 3,375.0 | 3,406.0 | 455.0 | 309.0 |
EBITA margin | -11.7% | 12.3% | 3.6% | 17.1% | 16.3% | 15.7% | 6.0% | 4.3% |
Amortization of intangibles | | 1,092.0 | 1,216.0 | 1,299.0 | 1,148.0 | 1,086.0 | 309.0 | 286.0 |
EBIT | 0.0 | 916.0 | -574.0 | 2,054.0 | 2,227.0 | 2,320.0 | 146.0 | 23.0 |
EBIT margin | -11.7% | 5.6% | -3.2% | 10.5% | 10.7% | 10.7% | 1.9% | 0.3% |
Pre-tax income | 0.0 | 1,141.0 | 654.0 | -5,228.0 | 1,515.0 | 1,304.0 | -174.0 | 10.0 |
Income taxes | 0.0 | 405.0 | 800.0 | 130.0 | 288.0 | -242.0 | -74.0 | -62.0 |
Tax rate | 36.0% | 35.5% | 122.3% | | 19.0% | | 42.5% | |
Earnings from continuing ops | 0.0 | 718.0 | -149.0 | -5,369.0 | 1,222.0 | 1,515.0 | -123.0 | 60.0 |
Earnings from discontinued ops | | | | | 35.0 | 236.0 | | 191.0 |
Net income | 0.0 | 718.0 | -149.0 | -5,369.0 | 1,257.0 | 1,751.0 | -123.0 | 251.0 |
Net margin | -3.9% | 4.4% | -0.8% | -27.4% | 6.1% | 8.1% | -1.6% | 3.5% |
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Diluted EPS | $0.00 | $2.81 | ($0.59) | ($20.76) | $4.34 | $5.23 | ($0.88) | $0.42 |
Shares outstanding (diluted) | 2.5 | 255.2 | 254.1 | 258.6 | 281.4 | 289.8 | 140.4 | 141.3 |
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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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