| Stage | FERG | % of rev | PEP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $8.8B | 100.00% | $25.3B | 100.00% | PEP ×2.89 |
| Gross profit | $2.7B | 30.99% | $13.8B | 54.42% | PEP +23.4pp |
| Operating income | $893M | 10.20% | $4.3B | 16.86% | PEP +6.7pp |
| Pre-tax income | $846M | 9.67% | $3.9B | 15.45% | PEP +5.8pp |
| Net income | $666M | 7.61% | $3.1B | 12.15% | PEP +4.5pp |
| Stage | FERG | PEP | Gap · A − B |
|---|---|---|---|
| Revenue | $8.8B100.00% | $25.3B100.00% | PEP ×2.89 |
| Gross profit | 30.99%$2.7B | 54.42%$13.8B | PEP +23.4pp |
| Operating income | 10.20%$893M | 16.86%$4.3B | PEP +6.7pp |
| Pre-tax income | 9.67%$846M | 15.45%$3.9B | PEP +5.8pp |
| Net income |
| 7.61%$666M |
| 12.15%$3.1B |
| PEP +4.5pp |
No shared counterparties.