| Stage | MOD | % of rev | VRT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $994M | 100.00% | $4.3B | 100.00% | VRT ×4.34 |
| Gross profit | $205M | 20.66% | $1.6B | 38.11% | VRT +17.4pp |
| Operating income | $98M | 9.84% | $984M | 22.81% | VRT +13.0pp |
| Pre-tax income | $88M | 8.85% | $995M | 23.07% | VRT +14.2pp |
| Net income | $30M | 3.05% | $765M | 17.73% | VRT +14.7pp |
| Stage | MOD | VRT | Gap · A − B |
|---|---|---|---|
| Revenue | $994M100.00% | $4.3B100.00% | VRT ×4.34 |
| Gross profit | 20.66%$205M | 38.11%$1.6B | VRT +17.4pp |
| Operating income | 9.84%$98M | 22.81%$984M | VRT +13.0pp |
| Pre-tax income | 8.85%$88M | 23.07%$995M | VRT +14.2pp |
| Net income |
| 3.05%$30M |
| 17.73%$765M |
| VRT +14.7pp |