| Stage | AVY | % of rev | POOL | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.5B | 100.00% | $1.5B | 100.00% | AVY ×1.64 |
| Gross profit | $729M | 29.62% | $436M | 28.99% | AVY +0.6pp |
| Operating income | $335M | 13.59% | $172M | 11.44% | AVY +2.1pp |
| Pre-tax income | $283M | 11.48% | $160M | 10.66% | AVY +0.8pp |
| Net income | $204M | 8.29% | $123M | 8.18% | AVY +0.1pp |
| Stage | AVY | POOL | Gap · A − B |
|---|---|---|---|
| Revenue | $2.5B100.00% | $1.5B100.00% | AVY ×1.64 |
| Gross profit | 29.62%$729M | 28.99%$436M | AVY +0.6pp |
| Operating income | 13.59%$335M | 11.44%$172M | AVY +2.1pp |
| Pre-tax income | 11.48%$283M | 10.66%$160M | AVY +0.8pp |
| Net income |
| 8.29%$204M |
| 8.18%$123M |
| AVY +0.1pp |
None
No disclosed counterparties: AVY.