| Stage | PBH | % of rev | MHK | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $266M | 100.00% | $2.8B | 100.00% | MHK ×10.49 |
| Gross profit | $136M | 51.25% | $710M | 25.47% | PBH +25.8pp |
| Operating income | $53M | 19.77% | $188M | 6.74% | PBH +13.0pp |
| Pre-tax income | $39M | 14.50% | $183M | 6.58% | PBH +7.9pp |
| Net income | $29M | 10.98% | $163M | 5.86% | PBH +5.1pp |
| Stage | PBH | MHK | Gap · A − B |
|---|---|---|---|
| Revenue | $266M100.00% | $2.8B100.00% | MHK ×10.49 |
| Gross profit | 51.25%$136M | 25.47%$710M | PBH +25.8pp |
| Operating income | 19.77%$53M | 6.74%$188M | PBH +13.0pp |
| Pre-tax income | 14.50%$39M | 6.58%$183M | PBH +7.9pp |
| Net income |
| 10.98%$29M |
| 5.86%$163M |
| PBH +5.1pp |