| Stage | MAR | % of rev | BYD | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $7.1B | 100.00% | $990M | 100.00% | MAR ×7.14 |
| Gross profit | $1.6B | 21.98% | $487M | 49.14% | BYD +27.2pp |
| Operating income | $1.2B | 17.38% | $195M | 19.68% | BYD +2.3pp |
| Pre-tax income | $1.0B | 14.76% | $162M | 16.39% | BYD +1.6pp |
| Net income | $766M | 10.83% | $124M | 12.48% | BYD +1.6pp |
| Stage | MAR | BYD | Gap · A − B |
|---|---|---|---|
| Revenue | $7.1B100.00% | $990M100.00% | MAR ×7.14 |
| Gross profit | 21.98%$1.6B | 49.14%$487M | BYD +27.2pp |
| Operating income | 17.38%$1.2B | 19.68%$195M | BYD +2.3pp |
| Pre-tax income | 14.76%$1.0B | 16.39%$162M | BYD +1.6pp |
| Net income |
| 10.83%$766M |
| 12.48%$124M |
| BYD +1.6pp |
No shared counterparties.