| Stage | AIG | % of rev | TRGP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $7.4B | 100.00% | $4.4B | 100.00% | AIG ×1.68 |
| Gross profit | $7.4B | 100.00% | $2.1B | 48.15% | AIG +51.8pp |
| Operating income | $1.2B | 16.39% | $1.2B | 27.80% | TRGP +11.4pp |
| Pre-tax income | $1.1B | 15.03% | $1.0B | 22.63% | TRGP +7.6pp |
| Net income | $849M | 11.41% | $778M | 17.52% | TRGP +6.1pp |
| Stage | AIG | TRGP | Gap · A − B |
|---|---|---|---|
| Revenue | $7.4B100.00% | $4.4B100.00% | AIG ×1.68 |
| Gross profit | 100.00%$7.4B | 48.15%$2.1B | AIG +51.8pp |
| Operating income | 16.39%$1.2B | 27.80%$1.2B | TRGP +11.4pp |
| Pre-tax income | 15.03%$1.1B | 22.63%$1.0B | TRGP +7.6pp |
| Net income |
| 11.41%$849M |
| 17.52%$778M |
| TRGP +6.1pp |
No shared counterparties.