| Stage | DOW | % of rev | AVNT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $11.3B | 100.00% | $891M | 100.00% | DOW ×12.64 |
| Gross profit | $1.4B | 12.23% | $272M | 30.50% | AVNT +18.3pp |
| Operating income | $741M | 6.58% | $83M | 9.27% | AVNT +2.7pp |
| Pre-tax income | $642M | 5.70% | $59M | 6.56% | AVNT +0.9pp |
| Net income | $525M | 4.66% | $44M | 4.88% | AVNT +0.2pp |
| Stage | DOW | AVNT | Gap · A − B |
|---|---|---|---|
| Revenue | $11.3B100.00% | $891M100.00% | DOW ×12.64 |
| Gross profit | 12.23%$1.4B | 30.50%$272M | AVNT +18.3pp |
| Operating income | 6.58%$741M | 9.27%$83M | AVNT +2.7pp |
| Pre-tax income | 5.70%$642M | 6.56%$59M | AVNT +0.9pp |
| Net income |
| 4.66%$525M |
| 4.88%$44M |
| AVNT +0.2pp |