| Stage | DFH | % of rev | DHI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.1B | 100.00% | $9.2B | 100.00% | DHI ×8.68 |
| Gross profit | $154M | 14.52% | $2.1B | 23.26% | DHI +8.7pp |
| Operating income | $37M | 3.46% | $1.2B | 12.52% | DHI +9.1pp |
| Pre-tax income | $37M | 3.46% | $1.2B | 13.29% | DHI +9.8pp |
| Net income | $28M | 2.62% | $919M | 9.96% | DHI +7.3pp |
| Stage | DFH | DHI | Gap · A − B |
|---|---|---|---|
| Revenue | $1.1B100.00% | $9.2B100.00% | DHI ×8.68 |
| Gross profit | 14.52%$154M | 23.26%$2.1B | DHI +8.7pp |
| Operating income | 3.46%$37M | 12.52%$1.2B | DHI +9.1pp |
| Pre-tax income | 3.46%$37M | 13.29%$1.2B | DHI +9.8pp |
| Net income |
| 2.62%$28M |
| 9.96%$919M |
| DHI +7.3pp |
None
No disclosed counterparties: DFH.