| Stage | GM | % of rev | GE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $50.0B | 100.00% | $14.1B | 100.00% | GM ×3.54 |
| Gross profit | $9.3B | 18.55% | $5.0B | 35.57% | GE +17.0pp |
| Operating income | $3.6B | 7.19% | $2.6B | 18.45% | GE +11.3pp |
| Pre-tax income | $3.9B | 7.88% | $2.8B | 19.87% | GE +12.0pp |
| Net income | $3.4B | 6.75% | $2.3B | 16.26% | GE +9.5pp |
| Stage | GM | GE | Gap · A − B |
|---|---|---|---|
| Revenue | $50.0B100.00% | $14.1B100.00% | GM ×3.54 |
| Gross profit | 18.55%$9.3B | 35.57%$5.0B | GE +17.0pp |
| Operating income | 7.19%$3.6B | 18.45%$2.6B | GE +11.3pp |
| Pre-tax income | 7.88%$3.9B | 19.87%$2.8B | GE +12.0pp |
| Net income | 6.75%$3.4B | 16.26%$2.3B | GE +9.5pp |
No shared counterparties.