| Stage | CSCO | % of rev | CDW | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $17.3B | 100.00% | $6.8B | 100.00% | CSCO ×2.55 |
| Gross profit | $11.1B | 64.13% | $1.4B | 20.51% | CSCO +43.6pp |
| Operating income | $4.3B | 24.72% | $490M | 7.25% | CSCO +17.5pp |
| Pre-tax income | $4.9B | 28.59% | $424M | 6.28% | CSCO +22.3pp |
| Net income | $3.9B | 22.37% | $310M | 4.59% | CSCO +17.8pp |
| Stage | CSCO | CDW | Gap · A − B |
|---|---|---|---|
| Revenue | $17.3B100.00% | $6.8B100.00% | CSCO ×2.55 |
| Gross profit | 64.13%$11.1B | 20.51%$1.4B | CSCO +43.6pp |
| Operating income | 24.72%$4.3B | 7.25%$490M | CSCO +17.5pp |
| Pre-tax income | 28.59%$4.9B | 6.28%$424M | CSCO +22.3pp |
| Net income | 22.37%$3.9B | 4.59%$310M | CSCO +17.8pp |