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