| Stage | HRI | % of rev | WSC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.4B | 100.00% | $612M | 100.00% | HRI ×2.23 |
| Gross profit | $500M | 36.66% | $306M | 50.03% | WSC +13.4pp |
| Operating income | $247M | 18.11% | $117M | 19.19% | WSC +1.1pp |
| Pre-tax income | $120M | 8.80% | $64M | 10.46% | WSC +1.7pp |
| Net income | $104M | 7.62% | $47M | 7.67% | 0.0pp |
| Stage | HRI | WSC | Gap · A − B |
|---|---|---|---|
| Revenue | $1.4B100.00% | $612M100.00% | HRI ×2.23 |
| Gross profit | 36.66%$500M | 50.03%$306M | WSC +13.4pp |
| Operating income | 18.11%$247M | 19.19%$117M | WSC +1.1pp |
| Pre-tax income | 8.80%$120M | 10.46%$64M | WSC +1.7pp |
| Net income |
| 7.62%$104M |
| 7.67%$47M |
| 0.0pp |
None
No disclosed counterparties: HRI.