| Stage | PNR | % of rev | JBTM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $976M | 100.00% | $994M | 100.00% | JBTM ×1.02 |
| Gross profit | $395M | 40.48% | $353M | 35.51% | PNR +5.0pp |
| Operating income | $196M | 20.06% | $100M | 10.06% | PNR +10.0pp |
| Pre-tax income | $173M | 17.75% | $88M | 8.85% | PNR +8.9pp |
| Net income | $145M | 14.86% | $70M | 7.04% | PNR +7.8pp |
| Stage | PNR | JBTM | Gap · A − B |
|---|---|---|---|
| Revenue | $976M100.00% | $994M100.00% | JBTM ×1.02 |
| Gross profit | 40.48%$395M | 35.51%$353M | PNR +5.0pp |
| Operating income | 20.06%$196M | 10.06%$100M | PNR +10.0pp |
| Pre-tax income | 17.75%$173M | 8.85%$88M | PNR +8.9pp |
| Net income |
| 14.86%$145M |
| 7.04%$70M |
| PNR +7.8pp |