| Stage | AYI | % of rev | MSM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.2B | 100.00% | $1.1B | 100.00% | AYI ×1.15 |
| Gross profit | $670M | 53.85% | $439M | 40.64% | AYI +13.2pp |
| Operating income | $227M | 18.24% | $73M | 6.75% | AYI +11.5pp |
| Pre-tax income | $220M | 17.68% | $64M | 5.96% | AYI +11.7pp |
| Net income | $173M | 13.90% | $48M | 4.44% | AYI +9.5pp |
| Stage | AYI | MSM | Gap · A − B |
|---|---|---|---|
| Revenue | $1.2B100.00% | $1.1B100.00% | AYI ×1.15 |
| Gross profit | 53.85%$670M | 40.64%$439M | AYI +13.2pp |
| Operating income | 18.24%$227M | 6.75%$73M | AYI +11.5pp |
| Pre-tax income | 17.68%$220M | 5.96%$64M | AYI +11.7pp |
| Net income |
| 13.90%$173M |
| 4.44%$48M |
| AYI +9.5pp |
No shared counterparties.