DOVER Corp (DOV) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-05-18	Dec-31-17	Dec-05-17
Revenues	8,508.1	7,907.1	6,683.8	7,136.4	6,992.1	6,992.1	6,820.9	6,820.9
Revenue growth	7.6%	18.3%	-6.3%	2.1%	2.5%	2.5%	12.9%
Cost of goods sold	5,444.5	4,937.3	4,209.7	4,515.5	4,432.6	4,432.6	4,291.8	4,291.8
Gross profit	3,063.6	2,969.8	2,474.0	2,620.9	2,559.6	2,559.6	2,529.0	2,529.0
Gross margin	36.0%	37.6%	37.0%	36.7%	36.6%	36.6%	37.1%	37.1%
Selling, general and administrative	1,684.2	1,688.3	1,541.0	1,599.1	1,716.4	1,716.4	1,722.2	1,722.2
EBITA	1,379.3	1,451.0	1,116.5	1,187.6	1,045.5	843.1	1,009.3	603.8
EBITA margin	16.2%	18.4%	16.7%	16.6%	15.0%	12.1%	14.8%	8.9%
Amortization of intangibles		142.8	139.0	138.9	143.9		150.2
EBIT	1,379.3	1,308.2	977.5	1,048.7	901.6	843.1	859.1	603.8
EBIT margin	16.2%	16.5%	14.6%	14.7%	12.9%	12.1%	12.6%	8.9%
Pre-tax income	1,287.5	1,400.8	841.7	843.0	725.4	725.4	875.8	875.8
Income taxes	222.1	277.0	158.3	165.1	134.2	134.2	129.2	129.2
Tax rate	17.3%	19.8%	18.8%	19.6%	18.5%	18.5%	14.7%	14.7%
Earnings from continuing ops	1,065.4	1,400.8	841.7	843.0	591.1	591.1	746.7	746.7
Earnings from discontinued ops					0.0	-20.9	0.0	65.0
Net income	1,065.4	1,400.8	841.7	843.0	570.3	570.3	811.7	811.7
Net margin	12.5%	17.7%	12.6%	11.8%	8.2%	8.2%	11.9%	11.9%

Diluted EPS	$7.42	$9.64	$5.79	$5.74	$3.89	$3.89	$4.73	$4.73
Shares outstanding (diluted)	143.6	145.3	145.4	147.0	152.1	152.1	157.7	157.7

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.