Financial Summary (All financials)
In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
Revenues | 2,890.9 | 1,783.7 | 1,395.5 | 1,382.5 | 1,279.0 | 1,114.8 | 1,190.5 | 1,180.7 |
Revenue growth | 62.1% | 27.8% | 0.9% | 8.1% | 14.7% | -6.4% | 0.8% | -1.9% |
Cost of goods sold | 2,595.8 | 1,623.2 | 1,271.4 | 1,254.6 | 1,164.6 | 1,012.8 | 1,083.6 | 1,075.0 |
Gross profit | 295.0 | 160.4 | 124.2 | 128.0 | 114.4 | 101.9 | 106.9 | 105.6 |
Gross margin | 10.2% | 9.0% | 8.9% | 9.3% | 8.9% | 9.1% | 9.0% | 8.9% |
Selling, general and administrative | 239.2 | 98.4 | 80.7 | 78.3 | 66.4 | 60.7 | 64.1 | 65.7 |
EBITA | 104.4 | 72.0 | 47.5 | 52.8 | 50.1 | 41.2 | 42.8 | 40.0 |
EBITA margin | 3.6% | 4.0% | 3.4% | 3.8% | 3.9% | 3.7% | 3.6% | 3.4% |
Amortization of intangibles | 48.6 | 10.0 | 4.0 | 3.1 | 2.0 | | | |
EBIT | 55.8 | 62.0 | 43.5 | 49.6 | 48.1 | 41.2 | 42.8 | 40.0 |
EBIT margin | 1.9% | 3.5% | 3.1% | 3.6% | 3.8% | 3.7% | 3.6% | 3.4% |
Pre-tax income | -6.1 | 54.0 | 38.7 | 43.2 | 43.0 | 36.6 | 37.2 | 33.4 |
Income taxes | 8.2 | 8.3 | 1.7 | 10.0 | 7.9 | -22.9 | 13.5 | 2.5 |
Tax rate | | 15.4% | 4.5% | 23.2% | 18.4% | | 36.4% | 7.4% |
Net income | -14.3 | 45.7 | 37.0 | 33.2 | 35.1 | 59.5 | 23.7 | 31.0 |
Net margin | -0.5% | 2.6% | 2.6% | 2.4% | 2.7% | 5.3% | 2.0% | 2.6% |
|
Diluted EPS | ($0.68) | $3.86 | $3.14 | $2.86 | $3.08 | $5.31 | $2.16 | $2.86 |
Shares outstanding (diluted) | 21.0 | 11.8 | 11.8 | 11.6 | 11.4 | 11.2 | 11.0 | 10.8 |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|