| Stage | HLI | % of rev | CWST | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $692M | 100.00% | $544M | 100.00% | HLI ×1.27 |
| Gross profit | $266M | 38.44% | $179M | 32.88% | HLI +5.6pp |
| Operating income | $154M | 22.25% | $20M | 3.67% | HLI +18.6pp |
| Pre-tax income | $159M | 22.98% | $3M | 0.62% | HLI +22.4pp |
| Net income | $110M | 15.90% | $4M | 0.69% | HLI +15.2pp |
| Stage | HLI | CWST | Gap · A − B |
|---|---|---|---|
| Revenue | $692M100.00% | $544M100.00% | HLI ×1.27 |
| Gross profit | 38.44%$266M | 32.88%$179M | HLI +5.6pp |
| Operating income | 22.25%$154M | 3.67%$20M | HLI +18.6pp |
| Pre-tax income | 22.98%$159M | 0.62%$3M | HLI +22.4pp |
| Net income |
| 15.90%$110M |
| 0.69%$4M |
| HLI +15.2pp |
No shared counterparties.