| Stage | EXPD | % of rev | FAST | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.5B | 100.00% | $2.5B | 100.00% | EXPD ×1.42 |
| Gross profit | $512M | 14.61% | $1.1B | 44.85% | FAST +30.2pp |
| Operating income | $350M | 9.98% | $531M | 21.55% | FAST +11.6pp |
| Pre-tax income | $358M | 10.23% | $531M | 21.56% | FAST +11.3pp |
| Net income | $267M | 7.63% | $402M | 16.30% | FAST +8.7pp |
| Stage | EXPD | FAST | Gap · A − B |
|---|---|---|---|
| Revenue | $3.5B100.00% | $2.5B100.00% | EXPD ×1.42 |
| Gross profit | 14.61%$512M | 44.85%$1.1B | FAST +30.2pp |
| Operating income | 9.98%$350M | 21.55%$531M | FAST +11.6pp |
| Pre-tax income | 10.23%$358M | 21.56%$531M | FAST +11.3pp |
| Net income |
| 7.63%$267M |
| 16.30%$402M |
| FAST +8.7pp |
No disclosed counterparties: EXPD, FAST.