| Stage | PPL | % of rev | NEE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.1B | 100.00% | $8.1B | 100.00% | NEE ×3.83 |
| Gross profit | $837M | 39.65% | $4.3B | 52.53% | NEE +12.9pp |
| Operating income | $475M | 22.50% | $2.6B | 32.44% | NEE +9.9pp |
| Pre-tax income | $286M | 13.55% | $5.0B | 62.16% | NEE +48.6pp |
| Net income | $230M | 10.90% | $4.4B | 53.98% | NEE +43.1pp |
| Stage | PPL | NEE | Gap · A − B |
|---|---|---|---|
| Revenue | $2.1B100.00% | $8.1B100.00% | NEE ×3.83 |
| Gross profit | 39.65%$837M | 52.53%$4.3B | NEE +12.9pp |
| Operating income | 22.50%$475M | 32.44%$2.6B | NEE +9.9pp |
| Pre-tax income | 13.55%$286M | 62.16%$5.0B | NEE +48.6pp |
| Net income |
| 10.90%$230M |
| 53.98%$4.4B |
| NEE +43.1pp |
None
No disclosed counterparties: PPL.