| Stage | ITG | % of rev | MTZ | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $405M | 100.00% | $5.2B | 100.00% | MTZ ×12.73 |
| Gross profit | $72M | 17.81% | $661M | 12.83% | ITG +5.0pp |
| Operating income | $23M | 5.58% | $275M | 5.35% | ITG +0.2pp |
| Pre-tax income | $2M | 0.51% | $220M | 4.27% | MTZ +3.8pp |
| Net income | $2M | 0.44% | $168M | 3.26% | MTZ +2.8pp |
| Stage | ITG | MTZ | Gap · A − B |
|---|---|---|---|
| Revenue | $405M100.00% | $5.2B100.00% | MTZ ×12.73 |
| Gross profit | 17.81%$72M | 12.83%$661M | ITG +5.0pp |
| Operating income | 5.58%$23M | 5.35%$275M | ITG +0.2pp |
| Pre-tax income | 0.51%$2M | 4.27%$220M | MTZ +3.8pp |
| Net income |
| 0.44%$2M |
| 3.26%$168M |
| MTZ +2.8pp |
No disclosed counterparties: ITG, MTZ.