| Stage | MSI | % of rev | APH | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.1B | 100.00% | $10.2B | 100.00% | APH ×3.27 |
| Gross profit | $1.7B | 53.56% | $4.0B | 39.26% | MSI +14.3pp |
| Operating income | $809M | 25.82% | $3.0B | 29.53% | APH +3.7pp |
| Pre-tax income | $742M | 23.68% | $2.8B | 27.66% | APH +4.0pp |
| Net income | $558M | 17.81% | $2.1B | 20.09% | APH +2.3pp |
| Stage | MSI | APH | Gap · A − B |
|---|---|---|---|
| Revenue | $3.1B100.00% | $10.2B100.00% | APH ×3.27 |
| Gross profit | 53.56%$1.7B | 39.26%$4.0B | MSI +14.3pp |
| Operating income | 25.82%$809M | 29.53%$3.0B | APH +3.7pp |
| Pre-tax income | 23.68%$742M | 27.66%$2.8B | APH +4.0pp |
| Net income |
| 17.81%$558M |
| 20.09%$2.1B |
| APH +2.3pp |