| Stage | MH | % of rev | CTOS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $550M | 100.00% | $495M | 100.00% | MH ×1.11 |
| Gross profit | $439M | 79.87% | $113M | 22.87% | MH +57.0pp |
| Operating income | $114M | 20.78% | $38M | 7.69% | MH +13.1pp |
| Pre-tax income | $69M | 12.46% | $1M | 0.28% | MH +12.2pp |
| Net income | $58M | 10.52% | $2M | 0.47% | MH +10.1pp |
| Stage | MH | CTOS | Gap · A − B |
|---|---|---|---|
| Revenue | $550M100.00% | $495M100.00% | MH ×1.11 |
| Gross profit | 79.87%$439M | 22.87%$113M | MH +57.0pp |
| Operating income | 20.78%$114M | 7.69%$38M | MH +13.1pp |
| Pre-tax income | 12.46%$69M | 0.28%$1M | MH +12.2pp |
| Net income |
| 10.52%$58M |
| 0.47%$2M |
| MH +10.1pp |
No shared counterparties.