| Stage | INTC | % of rev | IBM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $16.5B | 100.00% | $17.1B | 100.00% | IBM ×1.04 |
| Gross profit | $7.1B | 42.97% | $9.7B | 56.80% | IBM +13.8pp |
| Operating income | $2.5B | 15.27% | $3.0B | 17.48% | IBM +2.2pp |
| Pre-tax income | $4.0B | 24.11% | $2.5B | 14.60% | INTC +9.5pp |
| Net income | $3.5B | 21.32% | $2.2B | 12.80% | INTC +8.5pp |
| Stage | INTC | IBM | Gap · A − B |
|---|---|---|---|
| Revenue | $16.5B100.00% | $17.1B100.00% | IBM ×1.04 |
| Gross profit | 42.97%$7.1B | 56.80%$9.7B | IBM +13.8pp |
| Operating income | 15.27%$2.5B | 17.48%$3.0B | IBM +2.2pp |
| Pre-tax income | 24.11%$4.0B | 14.60%$2.5B | INTC +9.5pp |
| Net income |
| 21.32%$3.5B |
| 12.80%$2.2B |
| INTC +8.5pp |
No shared counterparties.