| Stage | CSW | % of rev | SITE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $361M | 100.00% | $1.3B | 100.00% | SITE ×3.57 |
| Gross profit | $152M | 42.03% | $459M | 35.51% | CSW +6.5pp |
| Operating income | $76M | 20.90% | $96M | 7.42% | CSW +13.5pp |
| Pre-tax income | $63M | 17.46% | $86M | 6.68% | CSW +10.8pp |
| Net income | $48M | 13.25% | $64M | 4.95% | CSW +8.3pp |
| Stage | CSW | SITE | Gap · A − B |
|---|---|---|---|
| Revenue | $361M100.00% | $1.3B100.00% | SITE ×3.57 |
| Gross profit | 42.03%$152M | 35.51%$459M | CSW +6.5pp |
| Operating income | 20.90%$76M | 7.42%$96M | CSW +13.5pp |
| Pre-tax income | 17.46%$63M | 6.68%$86M | CSW +10.8pp |
| Net income |
| 13.25%$48M |
| 4.95%$64M |
| CSW +8.3pp |
No disclosed counterparties: CSW, SITE.