Financial Highlights

GAAP MEASURES

(in millions, except per share data) 2020 2021 2022
Revenue 2,517.0 2,864.8 2,940.9
Gross Profit 813.3 957.3 954.6
Gross Profit Margin 32.3 33.4 32.5
Net Income/(loss) (60.1) 249.9 208.9
Diluted EPS (0.82) 3.31 2.89
Operating Cash Flow 354.8 528.4 191.1
Capital Expenditures 35.9 40.0 50.3
Dividends Per Share 0.85 0.86 0.87

NON-GAAP & OTHER OPERATING MEASURES

(in millions, except per share data) (See supplemental page included for a reconciliation of Non-GAAP measures to the most directly comparable GAAP measures, along with other related disclosures) 2020 2021 2022
Pro Forma Revenue 2,459.4 2,796.7 2,938.5
Pro Forma Adjusted EBITDA 440.5 533.9 527.4
Pro Forma Adjusted EBITDA Margin 17.9 19.1 17.9
Adjusted Diluted EPS 3.19 3.79 3.93
Free Cash Flow (Operating Cash Flow minus CapEx) 318.9 488.4 140.8
Pro Forma Backlog 1,182.9 1,678.4 1,762.0

Pro Forma Revenue
by Segment
$M

$798
$1,109
$553
$996
$1,178
$623
$1,046
$1,267
$626
  • Batesville
  • APS
  • MTS

Pro Forma Adjusted EBITDA
Margins by Segment
%

18.6%
19.5%
23.0%
20.3%
19.5%
25.7%
20.7%
19.6%
20.3%
  • Batesville
  • APS
  • MTS

Pro Forma Backlog
by Segment
$M

$940
$243
$1,313
$366
$1,398
$364
  • APS
  • MTS

Value of $100 Investment on September 30, 2017