They are great results.
Gross margins account for costs just like ANDy62 mentioned for EBIT.
$9.2bn in sales at their 5 year average gross margin of 21.68% should yield FY 22 Gross profit of $2bn.
Although with improved gross margins in the year, it would likely be higher.
Annual Revenue Cost of revenue Gross Profit Gross Margin 1 FY 16 3,954,500,000 3,089,059,000 865,441,000 21.88% 2 FY 17 5,628,000,000 4,397,500,000 1,230,500,000 21.86% 3 FY 18 6,854,300,000 5,384,100,000 1,470,200,000 21.45% 4 FY 19 7,095,300,000 5,568,200,000 1,527,100,000 21.52% 5 FY 20 7,918,900,000 6,224,800,000 1,694,100,000 21.39% 6 FY 21 8,916,100,000 6,938,900,000 1,977,200,000 22.18% 7 H1 22 4,861,800,000 3,797,400,000 1,064,400,000 21.89% 8 FY 22 9,200,000,000 $2,014,167,592 21.68%
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