| Stage | R | % of rev | CAR | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.5B | 100.00% | $3.0B | 100.00% | R ×1.15 |
| Gross profit | $702M | 20.35% | $3.0B | 100.00% | CAR +79.7pp |
| Operating income | $319M | 9.25% | $181M | 6.04% | R +3.2pp |
| Pre-tax income | $226M | 6.55% | $73M | 2.43% | R +4.1pp |
| Net income | $162M | 4.70% | $63M | 2.10% | R +2.6pp |
| Stage | R | CAR | Gap · A − B |
|---|---|---|---|
| Revenue | $3.5B100.00% | $3.0B100.00% | R ×1.15 |
| Gross profit | 20.35%$702M | 100.00%$3.0B | CAR +79.7pp |
| Operating income | 9.25%$319M | 6.04%$181M | R +3.2pp |
| Pre-tax income | 6.55%$226M | 2.43%$73M | R +4.1pp |
| Net income | 4.70% |
| 2.10%$63M |
| R +2.6pp |