| Stage | REYN | % of rev | VAC | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $944M | 100.00% | $1.4B | 100.00% | VAC ×1.45 |
| Gross profit | $236M | 25.00% | $1.1B | 77.47% | VAC +52.5pp |
| Operating income | $98M | 10.38% | $153M | 11.19% | VAC +0.8pp |
| Pre-tax income | $76M | 8.05% | $113M | 8.27% | VAC +0.2pp |
| Net income | $58M | 6.14% | $82M | 6.00% | REYN +0.1pp |
| Stage | REYN | VAC | Gap · A − B |
|---|---|---|---|
| Revenue | $944M100.00% | $1.4B100.00% | VAC ×1.45 |
| Gross profit | 25.00%$236M | 77.47%$1.1B | VAC +52.5pp |
| Operating income | 10.38%$98M | 11.19%$153M | VAC +0.8pp |
| Pre-tax income | 8.05%$76M | 8.27%$113M | VAC +0.2pp |
| Net income |
| 6.14%$58M |
| 6.00%$82M |
| REYN +0.1pp |
No shared counterparties.