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 | Dec-31-14 |
Revenues | 2,227.4 | 2,105.9 | 1,955.6 | 1,662.6 | 1,511.3 | 1,419.3 | 1,280.5 | 1,204.6 |
Revenue growth | 5.8% | 7.7% | 17.6% | 10.0% | 6.5% | 10.8% | 6.3% | -3.6% |
Cost of goods sold | 1,708.1 | 1,634.8 | 1,544.8 | 1,309.4 | 1,209.3 | 1,141.4 | 1,731.2 | 983.6 |
Gross profit | 519.3 | 471.1 | 410.8 | 353.2 | 302.0 | 277.9 | -450.7 | 221.0 |
Gross margin | 23.3% | 22.4% | 21.0% | 21.2% | 20.0% | 19.6% | -35.2% | 18.3% |
Selling, general and administrative | | | | | | | | 28.3 |
General and administrative | 212.7 | 192.1 | 188.4 | 166.9 | 160.0 | 180.0 | 161.2 | |
EBITA | 275.4 | 244.0 | 184.3 | 162.8 | 83.2 | 69.9 | 77.9 | 30.3 |
EBITA margin | 12.4% | 11.6% | 9.4% | 9.8% | 5.5% | 4.9% | 6.1% | 2.5% |
Amortization of intangibles | 18.5 | 16.6 | | | | 2.5 | | 0.2 |
EBIT | 256.9 | 227.4 | 184.3 | 162.8 | 83.2 | 67.4 | 77.9 | 30.1 |
EBIT margin | 11.5% | 10.8% | 9.4% | 9.8% | 5.5% | 4.7% | 6.1% | 2.5% |
Pre-tax income | 280.2 | 210.8 | 170.4 | 159.0 | 80.8 | 61.6 | -0.3 | 21.0 |
Income taxes | 70.1 | 25.6 | 42.5 | -38.9 | -50.1 | -23.9 | -2.0 | 7.7 |
Tax rate | 25.0% | 12.2% | 24.9% | | | | 650.6% | 36.6% |
Earnings from continuing ops | 209.1 | 183.6 | 126.8 | 119.3 | 30.3 | 37.3 | -3.0 | 26.3 |
Earnings from discontinued ops | | | | | | | | -0.2 |
Net income | 209.1 | 183.6 | 126.8 | 119.3 | 30.3 | 37.3 | -3.0 | 26.1 |
Net margin | 9.4% | 8.7% | 6.5% | 7.2% | 2.0% | 2.6% | -0.2% | 2.2% |
|
Diluted EPS | $2.12 | $1.85 | $1.29 | $1.19 | $0.30 | $1.10 | ($0.09) | $0.80 |
Shares outstanding (diluted) | 98.6 | 99.1 | 98.1 | 100.0 | 102.3 | 33.7 | 33.0 | 32.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|