STATEMENT·Income statement
USD · GAAP
| METRIC | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TREND |
|---|---|---|---|---|---|---|
| Sales, Adj. | $6.3B | $6.3B | $7.0B | $7.9B | $8.3B | |
| YoY % | -2.2% | -0.3% | +10.3% | +13.6% | +4.9% | |
| P / Sales | — | — | — | — | — | |
| EV / Sales | — | — | — | — | — | |
| Gross Profit, Adj. | $4.8B | $4.9B | $5.3B | $5.5B | $5.9B | |
| YoY % | +0.1% | +2.4% | +6.4% | +4.0% | +7.6% | |
| Margin % | 76.2% | 78.2% | 75.4% | 69.0% | 70.8% | |
| EV / Gross Profit | — | — | — | — | — | |
| EBITDA, Adj. | $1.9B | $1.9B | $1.9B | $1.9B | $2.1B | |
| YoY % | -2.8% | -3.9% | +2.9% | +1.5% | +7.8% | |
| Margin % | 30.5% | 29.4% | 27.4% | 24.4% | 25.1% | |
| EV / EBITDA | — | — | — | — | — | |
| EBIT | $998.0M | $869.0M | $895.0M | $852.0M | $930.0M | |
| YoY % | -11.8% | -12.9% | +3.0% | -4.8% | +9.2% | |
| Margin % | 15.8% | 13.8% | 12.8% | 10.8% | 11.2% | |
| EV / EBIT | — | — | — | — | — | |
| Net Income | $667.0M | $581.0M | $707.0M | $881.0M | $786.0M | |
| YoY % | +13.6% | -12.9% | +21.7% | +24.6% | -10.8% | |
| Net Margin | 10.5% | 9.2% | 10.1% | 11.1% | 9.5% | |
| EPS (GAAP) | $2.16 | $1.88 | $1.97 | $2.27 | $2.03 | |
| YoY % | +14.3% | -13.0% | +4.8% | +15.2% | -10.6% |