| Stage | HWM | % of rev | NX | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.7B | 100.00% | $502M | 100.00% | HWM ×5.39 |
| Gross profit | $1.0B | 37.11% | $141M | 28.19% | HWM +8.9pp |
| Operating income | $777M | 28.75% | $46M | 9.26% | HWM +19.5pp |
| Pre-tax income | $721M | 26.67% | $34M | 6.86% | HWM +19.8pp |
| Net income | $567M | 20.98% | $27M | 5.28% | HWM +15.7pp |
| Stage | HWM | NX | Gap · A − B |
|---|---|---|---|
| Revenue | $2.7B100.00% | $502M100.00% | HWM ×5.39 |
| Gross profit | 37.11%$1.0B | 28.19%$141M | HWM +8.9pp |
| Operating income | 28.75%$777M | 9.26%$46M | HWM +19.5pp |
| Pre-tax income | 26.67%$721M | 6.86%$34M | HWM +19.8pp |
| Net income |
| 20.98%$567M |
| 5.28%$27M |
| HWM +15.7pp |