| Stage | BWA | % of rev | APTV | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.5B | 100.00% | $3.3B | 100.00% | BWA ×1.07 |
| Gross profit | $662M | 18.98% | $775M | 23.67% | APTV +4.7pp |
| Operating income | $302M | 8.66% | $367M | 11.21% | APTV +2.5pp |
| Pre-tax income | $298M | 8.55% | $663M | 20.25% | APTV +11.7pp |
| Net income | $233M | 6.68% | $247M | 7.54% | APTV +0.9pp |
| Stage | BWA | APTV | Gap · A − B |
|---|---|---|---|
| Revenue | $3.5B100.00% | $3.3B100.00% | BWA ×1.07 |
| Gross profit | 18.98%$662M | 23.67%$775M | APTV +4.7pp |
| Operating income | 8.66%$302M | 11.21%$367M | APTV +2.5pp |
| Pre-tax income | 8.55%$298M | 20.25%$663M | APTV +11.7pp |
| Net income |
| 6.68%$233M |
| 7.54%$247M |
| APTV +0.9pp |
No shared counterparties.