| Stage | DAL | % of rev | UNP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $20.2B | 100.00% | $7.2B | 100.00% | DAL ×2.80 |
| Gross profit | $5.6B | 27.86% | $5.2B | 72.32% | UNP +44.5pp |
| Operating income | $1.5B | 7.20% | $2.9B | 40.89% | UNP +33.7pp |
| Pre-tax income | $1.1B | 5.32% | $2.7B | 37.88% | UNP +32.6pp |
| Net income | $756M | 3.75% | $2.1B | 28.85% | UNP +25.1pp |
| Stage | DAL | UNP | Gap · A − B |
|---|---|---|---|
| Revenue | $20.2B100.00% | $7.2B100.00% | DAL ×2.80 |
| Gross profit | 27.86%$5.6B | 72.32%$5.2B | UNP +44.5pp |
| Operating income | 7.20%$1.5B | 40.89%$2.9B | UNP +33.7pp |
| Pre-tax income | 5.32%$1.1B | 37.88%$2.7B | UNP +32.6pp |
| Net income |
| 3.75%$756M |
| 28.85%$2.1B |
| UNP +25.1pp |
No shared counterparties.