| Stage | AEP | % of rev | NEE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $5.4B | 100.00% | $8.1B | 100.00% | NEE ×1.49 |
| Gross profit | $3.8B | 70.56% | $4.3B | 52.53% | AEP +18.0pp |
| Operating income | $1.2B | 22.90% | $2.6B | 32.44% | NEE +9.5pp |
| Pre-tax income | $770M | 14.14% | $5.0B | 62.16% | NEE +48.0pp |
| Net income | $747M | 13.72% | $4.4B | 53.98% | NEE +40.3pp |
| Stage | AEP | NEE | Gap · A − B |
|---|---|---|---|
| Revenue | $5.4B100.00% | $8.1B100.00% | NEE ×1.49 |
| Gross profit | 70.56%$3.8B | 52.53%$4.3B | AEP +18.0pp |
| Operating income | 22.90%$1.2B | 32.44%$2.6B | NEE +9.5pp |
| Pre-tax income | 14.14%$770M | 62.16%$5.0B | NEE +48.0pp |
| Net income |
| 13.72%$747M |
| 53.98%$4.4B |
| NEE +40.3pp |
No shared counterparties.