Financial Summary (All financials)
In millions, except per share items | Mar-31-22 | Mar-31-21 | Mar-31-20 | Mar-31-19 | Mar-31-18 |
Revenues | 1,365.5 | 787.7 | 446.6 | 256.3 | 264.3 |
Revenue growth | 73.4% | 76.4% | 74.3% | -3.0% | |
Cost of goods sold | 802.7 | 411.1 | 242.3 | 141.5 | 146.9 |
Gross profit | 562.8 | 376.7 | 204.3 | 114.7 | 117.4 |
Gross margin | 41.2% | 47.8% | 45.7% | 44.8% | 44.4% |
General and administrative | 110.5 | 48.5 | 52.4 | 48.3 | 35.9 |
EBITA | 545.2 | 349.5 | 163.9 | 77.0 | 86.6 |
EBITA margin | 39.9% | 44.4% | 36.7% | 30.1% | 32.8% |
Amortization of intangibles | 24.5 | 3.3 | 5.0 | 6.5 | |
EBIT | 520.7 | 346.2 | 158.9 | 70.5 | 86.6 |
EBIT margin | 38.1% | 43.9% | 35.6% | 27.5% | 32.8% |
Pre-tax income | 512.6 | 337.8 | 148.7 | 61.6 | 85.8 |
Income taxes | 28.3 | 23.3 | 4.0 | 1.6 | 2.0 |
Tax rate | 5.5% | 6.9% | 2.7% | 2.7% | 2.3% |
Net income | 484.3 | 314.6 | 144.8 | 60.0 | 83.8 |
Net margin | 35.5% | 39.9% | 32.4% | 23.4% | 31.7% |
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Diluted EPS | $9.04 | $9.45 | | | |
Shares outstanding (diluted) | 53.6 | 33.3 | | | |
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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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