| Stage | HWM | % of rev | KALU | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.7B | 100.00% | $1.2B | 100.00% | HWM ×2.23 |
| Gross profit | $1.0B | 37.11% | $116M | 9.53% | HWM +27.6pp |
| Operating income | $777M | 28.75% | $55M | 4.55% | HWM +24.2pp |
| Pre-tax income | $721M | 26.67% | $40M | 3.31% | HWM +23.4pp |
| Net income | $567M | 20.98% | $31M | 2.55% | HWM +18.4pp |
| Stage | HWM | KALU | Gap · A − B |
|---|---|---|---|
| Revenue | $2.7B100.00% | $1.2B100.00% | HWM ×2.23 |
| Gross profit | 37.11%$1.0B | 9.53%$116M | HWM +27.6pp |
| Operating income | 28.75%$777M | 4.55%$55M | HWM +24.2pp |
| Pre-tax income | 26.67%$721M | 3.31%$40M | HWM +23.4pp |
| Net income |
| 20.98%$567M |
| 2.55%$31M |
| HWM +18.4pp |