Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Mar-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 |
Revenues | 2,242.8 | 2,036.4 | 0.0 | 1,935.6 | 1,736.9 | 1,460.4 | 1,462.4 | 1,704.0 |
Revenue growth | 10.1% | 5.2% | | 11.4% | 18.9% | -0.1% | -14.2% | |
Cost of goods sold | 1,820.0 | 1,670.2 | 0.0 | 1,553.6 | 1,404.5 | 1,188.4 | 1,167.7 | 1,355.9 |
Gross profit | 422.8 | 366.2 | 0.0 | 382.0 | 332.4 | 272.0 | 294.7 | 348.1 |
Gross margin | 18.9% | 18.0% | | 19.7% | 19.1% | 18.6% | 20.2% | 20.4% |
Selling, general and administrative | 262.8 | 256.0 | 0.0 | 223.1 | 179.5 | 153.9 | 163.0 | 147.3 |
EBITA | 179.7 | 128.3 | 1.9 | 171.5 | 156.3 | 122.8 | 136.7 | 206.1 |
EBITA margin | 8.0% | 6.3% | | 8.9% | 9.0% | 8.4% | 9.3% | 12.1% |
Amortization of intangibles | 19.7 | 18.1 | | 12.6 | 3.4 | 4.7 | 5.0 | 5.3 |
EBIT | 160.0 | 110.2 | 1.9 | 158.9 | 152.9 | 118.1 | 131.7 | 200.8 |
EBIT margin | 7.1% | 5.4% | | 8.2% | 8.8% | 8.1% | 9.0% | 11.8% |
Pre-tax income | 316.2 | 83.6 | -7.0 | 138.2 | 146.8 | 95.0 | 130.1 | 197.2 |
Income taxes | 70.4 | 14.0 | 0.0 | 31.6 | 33.5 | 19.3 | 40.4 | 74.2 |
Tax rate | 22.3% | 16.7% | 0.0% | 22.9% | 22.8% | 20.3% | 31.1% | 37.6% |
Net income | 245.8 | 69.6 | -7.0 | 106.6 | 113.3 | 75.7 | 89.7 | 123.0 |
Net margin | 11.0% | 3.4% | | 5.5% | 6.5% | 5.2% | 6.1% | 7.2% |
|
Diluted EPS | $5.07 | $1.43 | | $2.20 | $2.34 | $1.55 | $1.84 | $2.52 |
Shares outstanding (diluted) | 48.5 | 48.6 | | 48.5 | 48.4 | 48.9 | 48.8 | 48.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|