| Stage | CMT | % of rev | SMP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $90M | 100.00% | $508M | 100.00% | SMP ×5.63 |
| Gross profit | $13M | 14.83% | $166M | 32.61% | SMP +17.8pp |
| Operating income | $2M | 1.76% | $50M | 9.88% | SMP +8.1pp |
| Pre-tax income | $2M | 1.85% | $45M | 8.83% | SMP +7.0pp |
| Net income | $2M | 1.68% | $14M | 2.83% | SMP +1.2pp |
| Stage | CMT | SMP | Gap · A − B |
|---|---|---|---|
| Revenue | $90M100.00% | $508M100.00% | SMP ×5.63 |
| Gross profit | 14.83%$13M | 32.61%$166M | SMP +17.8pp |
| Operating income | 1.76%$2M | 9.88%$50M | SMP +8.1pp |
| Pre-tax income | 1.85%$2M | 8.83%$45M | SMP +7.0pp |
| Net income |
| 1.68%$2M |
| 2.83%$14M |
| SMP +1.2pp |
CMT 10-KMar 10 '26
“BRP 14% 10% 14% Yes July 31, 2029”
SMP 10-KFeb 26 '26
“Engineered Solutions customers are many of the largest original equipment manufacturers and their tier suppliers, system integrators, and original equipment service part operations, such as: BRP; Caterpillar; CNH; Daimler Truck; Eberspacher; Ford; General Motors; Harley-Davidson; IVECO; John Deere; Mobile Climate Control; Polaris; Scania; and Volvo/Mack Truck.”