| Stage | A | % of rev | TRU | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.9B | 100.00% | $1.3B | 100.00% | A ×1.43 |
| Gross profit | $1.0B | 55.48% | $1.3B | 100.00% | TRU +44.5pp |
| Operating income | $444M | 23.64% | $267M | 20.36% | A +3.3pp |
| Pre-tax income | $444M | 23.64% | $209M | 15.92% | A +7.7pp |
| Net income | $362M | 19.28% | $161M | 12.23% | A +7.0pp |
| Stage | A | TRU | Gap · A − B |
|---|---|---|---|
| Revenue | $1.9B100.00% | $1.3B100.00% | A ×1.43 |
| Gross profit | 55.48%$1.0B | 100.00%$1.3B | TRU +44.5pp |
| Operating income | 23.64%$444M | 20.36%$267M | A +3.3pp |
| Pre-tax income | 23.64%$444M | 15.92%$209M | A +7.7pp |
| Net income |
| 19.28%$362M |
| 12.23%$161M |
| A +7.0pp |