| Stage | ECG | % of rev | PPG | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.4B | 100.00% | $4.4B | 100.00% | PPG ×3.14 |
| Gross profit | $205M | 14.81% | $1.8B | 40.52% | PPG +25.7pp |
| Operating income | $122M | 8.84% | $653M | 15.00% | PPG +6.2pp |
| Pre-tax income | $119M | 8.57% | $631M | 14.50% | PPG +5.9pp |
| Net income | $92M | 6.64% | $456M | 10.48% | PPG +3.8pp |
| Stage | ECG | PPG | Gap · A − B |
|---|---|---|---|
| Revenue | $1.4B100.00% | $4.4B100.00% | PPG ×3.14 |
| Gross profit | 14.81%$205M | 40.52%$1.8B | PPG +25.7pp |
| Operating income | 8.84%$122M | 15.00%$653M | PPG +6.2pp |
| Pre-tax income | 8.57%$119M | 14.50%$631M | PPG +5.9pp |
| Net income |
| 6.64%$92M |
| 10.48%$456M |
| PPG +3.8pp |