| Stage | HEI | % of rev | HWM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.4B | 100.00% | $2.7B | 100.00% | HWM ×1.91 |
| Gross profit | $581M | 41.12% | $1.0B | 37.11% | HEI +4.0pp |
| Operating income | $355M | 25.14% | $777M | 28.75% | HWM +3.6pp |
| Pre-tax income | $321M | 22.69% | $721M | 26.67% | HWM +4.0pp |
| Net income | $254M | 18.01% | $567M | 20.98% | HWM +3.0pp |
| Stage | HEI | HWM | Gap · A − B |
|---|---|---|---|
| Revenue | $1.4B100.00% | $2.7B100.00% | HWM ×1.91 |
| Gross profit | 41.12%$581M | 37.11%$1.0B | HEI +4.0pp |
| Operating income | 25.14%$355M | 28.75%$777M | HWM +3.6pp |
| Pre-tax income | 22.69%$321M | 26.67%$721M | HWM +4.0pp |
| Net income |
| 18.01%$254M |
| 20.98%$567M |
| HWM +3.0pp |
No shared counterparties.