| Stage | DTM | % of rev | WMB | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $336M | 100.00% | $3.2B | 100.00% | WMB ×9.59 |
| Gross profit | $336M | 100.00% | $2.6B | 80.39% | DTM +19.6pp |
| Operating income | $163M | 48.51% | $1.1B | 35.25% | DTM +13.3pp |
| Pre-tax income | $163M | 48.51% | $988M | 30.65% | DTM +17.9pp |
| Net income | $122M | 36.31% | $767M | 23.80% | DTM +12.5pp |
| Stage | DTM | WMB | Gap · A − B |
|---|---|---|---|
| Revenue | $336M100.00% | $3.2B100.00% | WMB ×9.59 |
| Gross profit | 100.00%$336M | 80.39%$2.6B | DTM +19.6pp |
| Operating income | 48.51%$163M | 35.25%$1.1B | DTM +13.3pp |
| Pre-tax income | 48.51%$163M | 30.65%$988M | DTM +17.9pp |
| Net income |
| 36.31%$122M |
| 23.80%$767M |
| DTM +12.5pp |
No shared counterparties.