| Stage | FERG | % of rev | WSO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $8.8B | 100.00% | $2.1B | 100.00% | FERG ×4.16 |
| Gross profit | $2.7B | 30.99% | $579M | 27.50% | FERG +3.5pp |
| Operating income | $893M | 10.20% | $238M | 11.32% | WSO +1.1pp |
| Pre-tax income | $846M | 9.67% | $242M | 11.49% | WSO +1.8pp |
| Net income | $666M | 7.61% | $191M | 9.09% | WSO +1.5pp |
| Stage | FERG | WSO | Gap · A − B |
|---|---|---|---|
| Revenue | $8.8B100.00% | $2.1B100.00% | FERG ×4.16 |
| Gross profit | 30.99%$2.7B | 27.50%$579M | FERG +3.5pp |
| Operating income | 10.20%$893M | 11.32%$238M | WSO +1.1pp |
| Pre-tax income | 9.67%$846M | 11.49%$242M | WSO +1.8pp |
| Net income |
| 7.61%$666M |
| 9.09%$191M |
| WSO +1.5pp |