| Stage | PEG | % of rev | PNW | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.6B | 100.00% | $1.5B | 100.00% | PEG ×1.75 |
| Gross profit | $1.6B | 64.53% | $614M | 42.17% | PEG +22.4pp |
| Operating income | $461M | 18.05% | $306M | 21.00% | PNW +2.9pp |
| Pre-tax income | $398M | 15.58% | $212M | 14.57% | PEG +1.0pp |
| Net income | $334M | 13.08% | $181M | 12.42% | PEG +0.7pp |
| Stage | PEG | PNW | Gap · A − B |
|---|---|---|---|
| Revenue | $2.6B100.00% | $1.5B100.00% | PEG ×1.75 |
| Gross profit | 64.53%$1.6B | 42.17%$614M | PEG +22.4pp |
| Operating income | 18.05%$461M | 21.00%$306M | PNW +2.9pp |
| Pre-tax income | 15.58%$398M | 14.57%$212M | PEG +1.0pp |
None
No disclosed counterparties: PEG.
| Net income |
| 13.08%$334M |
| 12.42%$181M |
| PEG +0.7pp |