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 |
Revenues | 898.2 | 900.7 | 792.6 | 43.9 | 41.1 | 16.9 | 1.3 |
Revenue growth | -0.3% | 13.6% | 1707.5% | 6.6% | 142.8% | 1240.5% | |
Cost of goods sold | 157.1 | 165.4 | 195.8 | 43.9 | 41.1 | 0.8 | 0.0 |
Gross profit | 741.1 | 735.3 | 596.8 | 0.0 | 0.0 | 16.1 | 1.3 |
Gross margin | 82.5% | 81.6% | 75.3% | 0.0% | 0.0% | 95.2% | 100.0% |
Selling, general and administrative | | | | | | 0.0 | 0.0 |
General and administrative | 63.8 | 52.2 | 118.1 | 43.9 | 41.1 | 0.8 | 0.0 |
EBITA | 725.1 | 716.0 | 471.8 | 99.1 | 28.6 | 33.1 | 1.3 |
EBITA margin | 80.7% | 79.5% | 59.5% | 225.9% | 69.5% | 195.2% | 100.0% |
Amortization of intangibles | 70.7 | 70.7 | 57.0 | | | | |
EBIT | 654.4 | 645.4 | 414.8 | 99.1 | 28.6 | 33.1 | 1.3 |
EBIT margin | 72.9% | 71.6% | 52.3% | 225.9% | 69.5% | 195.2% | 100.0% |
Pre-tax income | 448.7 | -178.2 | -457.6 | 98.9 | 28.6 | 16.1 | 1.3 |
Income taxes | 117.1 | -55.7 | -102.5 | 32.3 | 26.3 | 6.4 | 0.5 |
Tax rate | 26.1% | 31.2% | 22.4% | 32.7% | 91.9% | 39.8% | 38.2% |
Net income | 331.6 | -122.5 | -355.1 | 66.6 | 2.3 | 9.7 | 0.8 |
Net margin | 36.9% | -13.6% | -44.8% | 151.9% | 5.7% | 57.3% | 61.8% |
|
Diluted EPS | $0.69 | ($0.26) | ($0.80) | $0.36 | $0.01 | | |
Shares outstanding (diluted) | 479.7 | 478.3 | 442.6 | 186.2 | 186.2 | | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|