| Stage | DAR | % of rev | ADM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.7B | 100.00% | $22.7B | 100.00% | ADM ×13.16 |
| Gross profit | $503M | 29.20% | $1.9B | 8.53% | DAR +20.7pp |
| Operating income | $555M | 32.20% | $896M | 3.95% | DAR +28.3pp |
| Pre-tax income | $500M | 29.00% | $1.1B | 4.80% | DAR +24.2pp |
| Net income | $389M | 22.58% | $912M | 4.02% | DAR +18.6pp |
| Stage | DAR | ADM | Gap · A − B |
|---|---|---|---|
| Revenue | $1.7B100.00% | $22.7B100.00% | ADM ×13.16 |
| Gross profit | 29.20%$503M | 8.53%$1.9B | DAR +20.7pp |
| Operating income | 32.20%$555M | 3.95%$896M | DAR +28.3pp |
| Pre-tax income | 29.00%$500M | 4.80%$1.1B | DAR +24.2pp |
| Net income |
| 22.58%$389M |
| 4.02%$912M |
| DAR +18.6pp |
No shared counterparties.