| Stage | LPX | % of rev | TREX | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $664M | 100.00% | $418M | 100.00% | LPX ×1.59 |
| Gross profit | $116M | 17.47% | $158M | 37.88% | TREX +20.4pp |
| Operating income | $31M | 4.67% | $86M | 20.62% | TREX +16.0pp |
| Pre-tax income | $34M | 5.12% | $84M | 20.06% | TREX +14.9pp |
| Net income | $26M | 3.92% | $62M | 14.80% | TREX +10.9pp |
| Stage | LPX | TREX | Gap · A − B |
|---|---|---|---|
| Revenue | $664M100.00% | $418M100.00% | LPX ×1.59 |
| Gross profit | 17.47%$116M | 37.88%$158M | TREX +20.4pp |
| Operating income | 4.67%$31M | 20.62%$86M | TREX +16.0pp |
| Pre-tax income | 5.12%$34M | 20.06%$84M | TREX +14.9pp |
| Net income |
| 3.92%$26M |
| 14.80%$62M |
| TREX +10.9pp |