Financial Summary (All financials)
In millions, except per share items | Sep-24-22 | Sep-25-21 | Sep-26-20 | Sep-28-19 | Sep-29-18 | Sep-30-17 | Sep-24-16 | Sep-26-15 |
Revenues | 4,862.8 | 5,632.3 | 3,776.4 | 3,367.3 | 3,217.9 | 3,058.8 | 2,832.7 | 2,705.0 |
Revenue growth | -13.7% | 49.1% | 12.1% | 4.6% | 5.2% | 8.0% | 4.7% | 6.9% |
Cost of goods sold | 295.7 | 276.7 | 253.2 | 318.5 | 319.4 | 62.5 | 1,065.7 | 1,272.3 |
Gross profit | 4,567.1 | 5,355.6 | 3,523.2 | 3,048.8 | 2,898.5 | 2,996.3 | 1,767.0 | 1,432.7 |
Gross margin | 93.9% | 95.1% | 93.3% | 90.5% | 90.1% | 98.0% | 62.4% | 53.0% |
Sales and marketing | 630.3 | 561.2 | 484.6 | 564.9 | 544.6 | 498.6 | 415.1 | 363.0 |
Research and development | 283.4 | 276.3 | 222.5 | 232.2 | 218.7 | 232.8 | 232.1 | 214.9 |
General and administrative | 407.7 | 433.2 | 355.7 | 332.3 | 366.1 | 343.3 | 267.3 | 261.0 |
EBITA | 1,971.7 | 2,801.8 | 1,417.9 | 938.8 | 886.7 | -56.3 | 942.2 | 893.5 |
EBITA margin | 40.5% | 49.7% | 37.5% | 27.9% | 27.6% | -1.8% | 33.3% | 33.0% |
Amortization of intangibles | 340.9 | 318.9 | 292.9 | 370.6 | 378.7 | 359.6 | 383.1 | 409.9 |
EBIT | 1,630.8 | 2,482.9 | 1,125.0 | 568.2 | 508.0 | -415.9 | 559.1 | 483.6 |
EBIT margin | 33.5% | 44.1% | 29.8% | 16.9% | 15.8% | -13.6% | 19.7% | 17.9% |
Pre-tax income | 1,588.2 | 2,361.1 | 1,001.9 | -257.7 | -418.6 | 1,230.5 | 415.3 | 177.2 |
Income taxes | 286.2 | 491.4 | -108.6 | -54.1 | -307.3 | 475.0 | 84.5 | 45.6 |
Tax rate | 18.0% | 20.8% | | 21.0% | 73.4% | 38.6% | 20.3% | 25.7% |
Net income | 1,302.0 | 1,869.7 | 1,110.5 | -203.6 | -111.3 | 755.5 | 330.8 | 131.6 |
Net margin | 26.8% | 33.2% | 29.4% | -6.0% | -3.5% | 24.7% | 11.7% | 4.9% |
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Diluted EPS | $5.13 | $7.20 | $4.20 | ($0.76) | ($0.40) | $2.64 | $1.16 | $0.45 |
Shares outstanding (diluted) | 253.8 | 259.7 | 264.6 | 269.4 | 275.1 | 285.7 | 286.2 | 289.5 |
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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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