| Stage | MCD | % of rev | EAT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $7.1B | 100.00% | $1.5B | 100.00% | MCD ×4.81 |
| Gross profit | $4.3B | 60.30% | $272M | 18.46% | MCD +41.8pp |
| Operating income | $3.3B | 47.02% | $151M | 10.23% | MCD +36.8pp |
| Pre-tax income | $2.9B | 41.36% | $127M | 8.61% | MCD +32.8pp |
| Net income | $2.4B | 33.27% | $113M | 7.68% | MCD +25.6pp |
| Stage | MCD | EAT | Gap · A − B |
|---|---|---|---|
| Revenue | $7.1B100.00% | $1.5B100.00% | MCD ×4.81 |
| Gross profit | 60.30%$4.3B | 18.46%$272M | MCD +41.8pp |
| Operating income | 47.02%$3.3B | 10.23%$151M | MCD +36.8pp |
| Pre-tax income | 41.36%$2.9B | 8.61%$127M | MCD +32.8pp |
| Net income |
| 33.27%$2.4B |
| 7.68%$113M |
| MCD +25.6pp |
No shared counterparties.