| Stage | PNR | % of rev | PUMP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $976M | 100.00% | $355M | 100.00% | PNR ×2.75 |
| Gross profit | $395M | 40.48% | $86M | 24.10% | PNR +16.4pp |
| Operating income | $196M | 20.06% | $11M | 3.10% | PNR +17.0pp |
| Pre-tax income | $173M | 17.75% | $12M | 3.26% | PNR +14.5pp |
| Net income | $145M | 14.86% | $13M | 3.66% | PNR +11.2pp |
| Stage | PNR | PUMP | Gap · A − B |
|---|---|---|---|
| Revenue | $976M100.00% | $355M100.00% | PNR ×2.75 |
| Gross profit | 40.48%$395M | 24.10%$86M | PNR +16.4pp |
| Operating income | 20.06%$196M | 3.10%$11M | PNR +17.0pp |
| Pre-tax income | 17.75%$173M | 3.26%$12M | PNR +14.5pp |
| Net income |
| 14.86%$145M |
| 3.66%$13M |
| PNR +11.2pp |
None
No disclosed counterparties: PNR.