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 | 5,966.0 | 3,767.0 | 4,380.0 | 881.0 | 4,108.0 | 3,328.0 | 2,890.0 | 2,735.3 |
Revenue growth | 58.4% | -14.0% | 397.2% | -78.6% | 23.4% | 15.2% | 5.7% | 4.1% |
Cost of goods sold | 2,612.0 | 1,850.0 | 1,813.0 | 1,743.0 | 1,736.0 | 1,502.0 | 1,244.0 | 1,176.9 |
Gross profit | 3,354.0 | 1,917.0 | 2,567.0 | -862.0 | 2,372.0 | 1,826.0 | 1,646.0 | 1,558.5 |
Gross margin | 56.2% | 50.9% | 58.6% | -97.8% | 57.7% | 54.9% | 57.0% | 57.0% |
Sales and marketing | 89.0 | 38.0 | 37.0 | 53.0 | 60.0 | 63.0 | 52.0 | 50.6 |
General and administrative | 963.0 | 439.0 | 400.0 | 354.0 | 382.0 | 410.0 | 281.0 | 59.6 |
EBITA | 2,013.0 | 1,259.0 | 1,963.0 | -1,433.0 | 1,759.0 | 1,188.0 | 1,188.0 | 1,116.1 |
EBITA margin | 33.7% | 33.4% | 44.8% | -162.7% | 42.8% | 35.7% | 41.1% | 40.8% |
Amortization of intangibles | 51.0 | 32.0 | 34.0 | 53.0 | 56.0 | 30.0 | 28.0 | 39.3 |
EBIT | 1,962.0 | 1,227.0 | 1,929.0 | -1,486.0 | 1,703.0 | 1,158.0 | 1,160.0 | 1,076.8 |
EBIT margin | 32.9% | 32.6% | 44.0% | -168.7% | 41.5% | 34.8% | 40.1% | 39.4% |
Pre-tax income | 1,591.0 | 972.0 | 1,659.0 | 1,628.0 | 1,394.0 | 920.0 | 914.0 | 853.0 |
Income taxes | 294.0 | 155.0 | 248.0 | 235.0 | 208.0 | 208.0 | 221.0 | 220.6 |
Tax rate | 18.5% | 15.9% | 14.9% | 14.4% | 14.9% | 22.6% | 24.2% | 25.9% |
Net income | 1,153.0 | 717.0 | 1,337.0 | 1,323.0 | 1,110.0 | 647.0 | 661.0 | 600.5 |
Net margin | 19.3% | 19.0% | 30.5% | 150.2% | 27.0% | 19.4% | 22.9% | 22.0% |
|
Diluted EPS | $0.90 | $0.69 | $1.27 | $1.20 | $0.98 | $0.70 | $0.81 | $0.72 |
Shares outstanding (diluted) | 1,286.7 | 1,032.7 | 1,056.1 | 1,106.0 | 1,136.2 | 918.8 | 817.1 | 833.1 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|