| Stage | ITW | % of rev | GHM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.2B | 100.00% | $71M | 100.00% | ITW ×59.38 |
| Gross profit | $1.9B | 45.09% | $18M | 24.95% | ITW +20.1pp |
| Operating income | $1.2B | 27.79% | $4M | 5.82% | ITW +22.0pp |
| Pre-tax income | $1.1B | 26.70% | $4M | 5.86% | ITW +20.8pp |
| Net income | $855M | 20.18% | $4M | 5.48% | ITW +14.7pp |
| Stage | ITW | GHM | Gap · A − B |
|---|---|---|---|
| Revenue | $4.2B100.00% | $71M100.00% | ITW ×59.38 |
| Gross profit | 45.09%$1.9B | 24.95%$18M | ITW +20.1pp |
| Operating income | 27.79%$1.2B | 5.82%$4M | ITW +22.0pp |
| Pre-tax income | 26.70%$1.1B | 5.86%$4M | ITW +20.8pp |
| Net income |
| 20.18%$855M |
| 5.48%$4M |
| ITW +14.7pp |
No disclosed counterparties: ITW, GHM.