| Stage | FERG | % of rev | CASY | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $8.8B | 100.00% | $5.7B | 100.00% | FERG ×1.54 |
| Gross profit | $2.7B | 30.99% | $1.2B | 21.82% | FERG +9.2pp |
| Operating income | $893M | 10.20% | $369M | 6.50% | FERG +3.7pp |
| Pre-tax income | $846M | 9.67% | $347M | 6.11% | FERG +3.6pp |
| Net income | $666M | 7.61% | $274M | 4.82% | FERG +2.8pp |
| Stage | FERG | CASY | Gap · A − B |
|---|---|---|---|
| Revenue | $8.8B100.00% | $5.7B100.00% | FERG ×1.54 |
| Gross profit | 30.99%$2.7B | 21.82%$1.2B | FERG +9.2pp |
| Operating income | 10.20%$893M | 6.50%$369M | FERG +3.7pp |
| Pre-tax income | 9.67%$846M | 6.11%$347M | FERG +3.6pp |
| Net income |
| 7.61%$666M |
| 4.82%$274M |
| FERG +2.8pp |