| Stage | AMZN | % of rev | VMC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $202B | 100.00% | $2.2B | 100.00% | AMZN ×92.44 |
| Gross profit | $77.4B | 38.31% | $666M | 30.47% | AMZN +7.8pp |
| Operating income | $28.1B | 13.90% | $525M | 24.01% | VMC +10.1pp |
| Pre-tax income | $26.9B | 13.31% | $471M | 21.57% | VMC +8.3pp |
| Net income | $20.7B | 10.24% | $363M | 16.61% | VMC +6.4pp |
| Stage | AMZN | VMC | Gap · A − B |
|---|---|---|---|
| Revenue | $202B100.00% | $2.2B100.00% | AMZN ×92.44 |
| Gross profit | 38.31%$77.4B | 30.47%$666M | AMZN +7.8pp |
| Operating income | 13.90%$28.1B | 24.01%$525M | VMC +10.1pp |
| Pre-tax income | 13.31%$26.9B | 21.57%$471M | VMC +8.3pp |
| Net income |
| 10.24%$20.7B |
| 16.61%$363M |
| VMC +6.4pp |