| Stage | HONA | % of rev | RTX | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.6B | 100.00% | $25.0B | 100.00% | RTX ×5.38 |
| Gross profit | $1.7B | 36.93% | $5.8B | 23.25% | HONA +13.7pp |
| Operating income | $1.1B | 23.43% | $3.3B | 13.37% | HONA +10.1pp |
| Pre-tax income | $901M | 19.40% | $3.3B | 13.22% | HONA +6.2pp |
| Net income | $737M | 15.87% | $2.7B | 10.85% | HONA +5.0pp |
| Stage | HONA | RTX | Gap · A − B |
|---|---|---|---|
| Revenue | $4.6B100.00% | $25.0B100.00% | RTX ×5.38 |
| Gross profit | 36.93%$1.7B | 23.25%$5.8B | HONA +13.7pp |
| Operating income | 23.43%$1.1B | 13.37%$3.3B | HONA +10.1pp |
| Pre-tax income | 19.40%$901M | 13.22%$3.3B | HONA +6.2pp |
| Net income |
| 15.87%$737M |
| 10.85%$2.7B |
| HONA +5.0pp |
None
No disclosed counterparties: HONA.