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 | 20.2 | 18.0 | 16.3 | 16.0 | 3,416.0 | 3,227.7 | 3,009.3 | 3,011.8 |
Revenue growth | 12.2% | 10.4% | 1.9% | -99.5% | 5.8% | 7.3% | -0.1% | 6.8% |
Cost of goods sold | 12.8 | 11.8 | 10.5 | 10.5 | 3,015.4 | 2,921.6 | 2,687.9 | 2,515.0 |
Gross profit | 7.4 | 6.2 | 5.8 | 5.5 | 400.6 | 306.0 | 321.4 | 496.8 |
Gross margin | 36.6% | 34.4% | 35.6% | 34.4% | 11.7% | 9.5% | 10.7% | 16.5% |
Selling, general and administrative | 283.4 | 285.8 | 269.3 | 244.6 | 233.5 | 235.3 | 250.8 | 249.4 |
EBITA | 317.5 | 476.5 | 400.2 | -8.1 | 187.7 | 80.8 | 79.7 | 256.1 |
EBITA margin | 1571.9% | 2647.5% | 2455.2% | -50.5% | 5.5% | 2.5% | 2.6% | 8.5% |
Amortization of intangibles | 1.1 | 1.0 | 5.1 | 5.5 | 5.4 | 6.1 | 6.0 | 6.0 |
EBIT | 316.4 | 475.5 | 395.1 | -13.6 | 182.3 | 74.7 | 73.7 | 250.1 |
EBIT margin | 1566.4% | 2641.9% | 2424.0% | -84.9% | 5.3% | 2.3% | 2.5% | 8.3% |
Pre-tax income | 299.3 | 458.5 | 378.1 | -30.6 | 167.1 | 70.7 | 70.6 | 247.4 |
Income taxes | 51.4 | 83.9 | 58.0 | -24.9 | 22.2 | -2.3 | -3.9 | 69.5 |
Tax rate | 17.2% | 18.3% | 15.3% | 81.3% | 13.3% | | | 28.1% |
Earnings from continuing ops | 247.9 | 374.6 | 320.1 | -5.7 | 144.9 | 73.0 | 74.5 | 177.9 |
Earnings from discontinued ops | 247.9 | 374.6 | 320.1 | | | | | |
Net income | 247.9 | 374.6 | 320.1 | -5.7 | 144.9 | 73.0 | 74.5 | 177.9 |
Net margin | 1227.2% | 2081.1% | 1963.8% | -35.6% | 4.2% | 2.3% | 2.5% | 5.9% |
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Diluted EPS | $4.48 | $6.77 | $5.78 | ($0.10) | $2.62 | $1.32 | $1.35 | $3.23 |
Shares outstanding (diluted) | 55.4 | 55.4 | 55.4 | 55.3 | 55.3 | 55.3 | 55.2 | 55.0 |
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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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