| Stage | DOW | % of rev | ALB | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $11.3B | 100.00% | $1.6B | 100.00% | DOW ×7.25 |
| Gross profit | $1.4B | 12.23% | $301M | 19.36% | ALB +7.1pp |
| Operating income | $741M | 6.58% | $148M | 9.54% | ALB +3.0pp |
| Pre-tax income | $642M | 5.70% | $133M | 8.58% | ALB +2.9pp |
| Net income | $525M | 4.66% | $317M | 20.39% | ALB +15.7pp |
| Stage | DOW | ALB | Gap · A − B |
|---|---|---|---|
| Revenue | $11.3B100.00% | $1.6B100.00% | DOW ×7.25 |
| Gross profit | 12.23%$1.4B | 19.36%$301M | ALB +7.1pp |
| Operating income | 6.58%$741M | 9.54%$148M | ALB +3.0pp |
| Pre-tax income | 5.70%$642M | 8.58%$133M | ALB +2.9pp |
| Net income |
| 4.66%$525M |
| 20.39%$317M |
| ALB +15.7pp |