| Stage | MCD | % of rev | BH-A | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $7.1B | 100.00% | $109M | 100.00% | MCD ×65.41 |
| Gross profit | $4.3B | 60.30% | $64M | 59.03% | MCD +1.3pp |
| Operating income | $3.3B | 47.02% | $12M | 10.88% | MCD +36.1pp |
| Pre-tax income | $2.9B | 41.36% | $52M | 47.56% | BH-A +6.2pp |
| Net income | $2.4B | 33.27% | $40M | 36.79% | BH-A +3.5pp |
| Stage | MCD | BH-A | Gap · A − B |
|---|---|---|---|
| Revenue | $7.1B100.00% | $109M100.00% | MCD ×65.41 |
| Gross profit | 60.30%$4.3B | 59.03%$64M | MCD +1.3pp |
| Operating income | 47.02%$3.3B | 10.88%$12M | MCD +36.1pp |
| Pre-tax income | 41.36%$2.9B | 47.56%$52M | BH-A +6.2pp |
| Net income |
| 33.27%$2.4B |
| 36.79%$40M |
| BH-A +3.5pp |
No shared counterparties.