2022 Q3 Financial Results
Reconciliation of Non-GAAP Measures
This information reconciles non-GAAP measures (denoted with a *) with the most directly comparable GAAP measure
(dollars in millions, except per share amounts)
Pretax Earnings
Pretax earnings (GAAP)
Restructuring and related costs
Amortization of intangibles
Gain on sale of business
Russia business exit
Acquisition/divestiture costs and pre-acquisition interest on AspenTech debt
OSI purchase accounting items
Adjusted pretax earnings*
Pretax Margin
Pretax margin (GAAP)
Restructuring and related costs
Amortization of intangibles
Gain on sale of business
Russia business exit
Acquisition/divestiture costs and pre-acquisition interest on AspenTech debt
OSI purchase accounting
Adjusted pretax margin*
Q3 FY21
$
784
$
32
79
Q3 FY22
1,195
34
124
Change
52%
1%
7%
☐☐☐
(483)
162
(72)%
24%
70
11%
10
(1)%
$
905
$
1,102
22%
Q3 FY21
Q3 FY22
16.7%
0.7%
23.9%
0.7%
Change
720 bps
- bps
1.7%
2.5%
80 bps
-%
(9.7)%
(970) bps
-%
3.2%
320 bps
-%
1.4%
140 bps
0.2%
-%
(20) bps
19.3%
22.0%
270 bps
References to trailing 3-month or T3M orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding acquisitions and divestitures
References to underlying orders in this presentation refer to the Company's trailing three-month average orders growth versus the prior year, excluding currency, acquisitions and divestitures
References to underlying sales in this presentation exclude the impact of acquisitions, divestitures and currency translation
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