Financial Summary (All financials)
In millions, except per share items | Sep-30-22 | Sep-30-21 | Sep-30-20 | Sep-30-19 | Sep-30-18 | Sep-30-17 | Sep-30-16 | Sep-30-15 |
Revenues | 12,540 | 10,503 | 10,249 | 11,318 | 11,233 | 10,739 | 10,616 | 11,003 |
Revenue growth | 19.4% | 2.5% | -9.4% | 0.8% | 4.6% | 1.2% | -3.5% | -1.2% |
Cost of goods sold | 2,986 | 2,890 | 2,720 | 3,090 | 2,598 | 2,604 | 2,842 | 2,838 |
Gross profit | 9,554 | 7,613 | 7,529 | 8,228 | 8,635 | 8,135 | 7,774 | 8,165 |
Gross margin | 76.2% | 72.5% | 73.5% | 72.7% | 76.9% | 75.8% | 73.2% | 74.2% |
Selling, general and administrative | 10,129 | 7,658 | 7,538 | 8,507 | 8,665 | 8,006 | 8,290 | 8,788 |
EBIT | 2,411 | 2,845 | 2,711 | 2,811 | 2,568 | 2,733 | 2,326 | 2,215 |
EBIT margin | 19.2% | 27.1% | 26.5% | 24.8% | 22.9% | 25.4% | 21.9% | 20.1% |
Pre-tax income | 1,108 | 1,512 | 1,352 | 1,417 | 1,119 | 685 | 1,233 | 1,111 |
Income taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | 1,108 | 1,512 | 1,352 | 1,417 | 1,119 | 685 | 1,233 | 1,111 |
Net margin | 8.8% | 14.4% | 13.2% | 12.5% | 10.0% | 6.4% | 11.6% | 10.1% |
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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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