| Stage | GNRC | % of rev | FELE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.3B | 100.00% | $634M | 100.00% | GNRC ×2.04 |
| Gross profit | $516M | 39.86% | $224M | 35.36% | GNRC +4.5pp |
| Operating income | $161M | 12.40% | $87M | 13.65% | FELE +1.3pp |
| Pre-tax income | $143M | 11.06% | $81M | 12.75% | FELE +1.7pp |
| Net income | $109M | 8.41% | $61M | 9.63% | FELE +1.2pp |
| Stage | GNRC | FELE | Gap · A − B |
|---|---|---|---|
| Revenue | $1.3B100.00% | $634M100.00% | GNRC ×2.04 |
| Gross profit | 39.86%$516M | 35.36%$224M | GNRC +4.5pp |
| Operating income | 12.40%$161M | 13.65%$87M | FELE +1.3pp |
| Pre-tax income | 11.06%$143M | 12.75%$81M | FELE +1.7pp |
| Net income |
| 8.41%$109M |
| 9.63%$61M |
| FELE +1.2pp |