| Stage | IFF | % of rev | WLK | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.0B | 100.00% | $3.3B | 100.00% | WLK ×1.67 |
| Gross profit | $853M | 43.65% | $652M | 19.93% | IFF +23.7pp |
| Operating income | $158M | 8.09% | $364M | 11.13% | WLK +3.0pp |
| Pre-tax income | $64M | 3.28% | $338M | 10.33% | WLK +7.1pp |
| Net income | $51M | 2.61% | $271M | 8.28% | WLK +5.7pp |
| Stage | IFF | WLK | Gap · A − B |
|---|---|---|---|
| Revenue | $2.0B100.00% | $3.3B100.00% | WLK ×1.67 |
| Gross profit | 43.65%$853M | 19.93%$652M | IFF +23.7pp |
| Operating income | 8.09%$158M | 11.13%$364M | WLK +3.0pp |
| Pre-tax income | 3.28%$64M | 10.33%$338M | WLK +7.1pp |
| Net income |
| 2.61%$51M |
| 8.28%$271M |
| WLK +5.7pp |
No disclosed counterparties: WLK.
None