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 | 1,251.7 | 1,194.8 | 1,192.6 | 1,103.5 | 1,083.2 | 1,059.6 | 1,009.0 | 919.1 |
Revenue growth | 4.8% | 0.2% | 8.1% | 1.9% | 2.2% | 5.0% | 9.8% | |
Cost of goods sold | 203.7 | 208.1 | 209.2 | 187.4 | 178.9 | 166.7 | 158.7 | 144.4 |
Gross profit | 1,048.0 | 986.7 | 983.4 | 916.1 | 904.3 | 892.9 | 850.3 | 774.7 |
Gross margin | 83.7% | 82.6% | 82.5% | 83.0% | 83.5% | 84.3% | 84.3% | 84.3% |
Selling, general and administrative | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
EBIT | 2,335.8 | 4,206.8 | -246.0 | 1,403.8 | 1,130.8 | 1,032.1 | 1,152.4 | 1,943.1 |
EBIT margin | 186.6% | 352.1% | -20.6% | 127.2% | 104.4% | 97.4% | 114.2% | 211.4% |
Pre-tax income | 2,335.8 | 4,206.8 | -228.0 | 1,427.0 | 1,181.6 | 1,058.4 | 1,184.9 | 1,646.4 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 2,335.8 | 4,206.8 | -228.0 | 1,427.0 | 1,181.6 | 1,058.4 | 1,184.9 | 1,646.4 |
Net margin | 186.6% | 352.1% | -19.1% | 129.3% | 109.1% | 99.9% | 117.4% | 179.1% |
|
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|