| Stage | MSI | % of rev | CLX | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.4B | 100.00% | $1.9B | 100.00% | MSI ×1.77 |
| Gross profit | $1.8B | 52.37% | $770M | 40.42% | MSI +11.9pp |
| Operating income | $777M | 23.02% | $261M | 13.70% | MSI +9.3pp |
| Pre-tax income | $678M | 20.08% | $207M | 10.87% | MSI +9.2pp |
| Net income | $514M | 15.23% | $173M | 9.08% | MSI +6.1pp |
| Stage | MSI | CLX | Gap · A − B |
|---|---|---|---|
| Revenue | $3.4B100.00% | $1.9B100.00% | MSI ×1.77 |
| Gross profit | 52.37%$1.8B | 40.42%$770M | MSI +11.9pp |
| Operating income | 23.02%$777M | 13.70%$261M | MSI +9.3pp |
| Pre-tax income | 20.08%$678M | 10.87%$207M | MSI +9.2pp |
| Net income | 15.23%$514M | 9.08%$173M | MSI +6.1pp |
No shared counterparties.