| Stage | APC | % of rev | ETN | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.9B | 100.00% | $8.9B | 100.00% | ETN ×4.74 |
| Gross profit | $787M | 41.67% | $3.1B | 34.70% | APC +7.0pp |
| Operating income | $25M | 1.34% | $1.6B | 17.76% | ETN +16.4pp |
| Pre-tax income | $18M | 0.94% | $1.4B | 15.31% | ETN +14.4pp |
| Net income | $13M | 0.71% | $1.1B | 12.06% | ETN +11.4pp |
| Stage | APC | ETN | Gap · A − B |
|---|---|---|---|
| Revenue | $1.9B100.00% | $8.9B100.00% | ETN ×4.74 |
| Gross profit | 41.67%$787M | 34.70%$3.1B | APC +7.0pp |
| Operating income | 1.34%$25M | 17.76%$1.6B | ETN +16.4pp |
| Pre-tax income | 0.94%$18M | 15.31%$1.4B | ETN +14.4pp |
| Net income |
| 0.71%$13M |
| 12.06%$1.1B |
| ETN +11.4pp |
No shared counterparties.