| Stage | DK | % of rev | PBF | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.1B | 100.00% | $12.1B | 100.00% | PBF ×2.97 |
| Gross profit | $365M | 8.93% | $2.2B | 17.89% | PBF +9.0pp |
| Operating income | $302M | 7.40% | $2.1B | 17.32% | PBF +9.9pp |
| Pre-tax income | $222M | 5.43% | $2.0B | 16.87% | PBF +11.4pp |
| Net income | $180M | 4.41% | $1.5B | 12.72% | PBF +8.3pp |
| Stage | DK | PBF | Gap · A − B |
|---|---|---|---|
| Revenue | $4.1B100.00% | $12.1B100.00% | PBF ×2.97 |
| Gross profit | 8.93%$365M | 17.89%$2.2B | PBF +9.0pp |
| Operating income | 7.40%$302M | 17.32%$2.1B | PBF +9.9pp |
| Pre-tax income | 5.43%$222M | 16.87%$2.0B | PBF +11.4pp |
| Net income |
| 4.41%$180M |
| 12.72%$1.5B |
| PBF +8.3pp |
None
No disclosed counterparties: DK.