| Stage | DHI | % of rev | DFH | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $9.2B | 100.00% | $996M | 100.00% | DHI ×9.26 |
| Gross profit | $2.1B | 23.26% | $147M | 14.80% | DHI +8.5pp |
| Operating income | $1.2B | 12.52% | $12M | 1.18% | DHI +11.3pp |
| Pre-tax income | $1.2B | 13.29% | $13M | 1.32% | DHI +12.0pp |
| Net income | $919M | 9.96% | $7M | 0.72% | DHI +9.2pp |
| Stage | DHI | DFH | Gap · A − B |
|---|---|---|---|
| Revenue | $9.2B100.00% | $996M100.00% | DHI ×9.26 |
| Gross profit | 23.26%$2.1B | 14.80%$147M | DHI +8.5pp |
| Operating income | 12.52%$1.2B | 1.18%$12M | DHI +11.3pp |
| Pre-tax income | 13.29%$1.2B | 1.32%$13M | DHI +12.0pp |
| Net income |
| 9.96%$919M |
| 0.72%$7M |
| DHI +9.2pp |
No disclosed counterparties: DFH.
None