| Stage | ROCK | % of rev | TILE | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $510M | 100.00% | $396M | 100.00% | ROCK ×1.29 |
| Gross profit | $132M | 25.92% | $178M | 45.00% | TILE +19.1pp |
| Operating income | $60M | 11.74% | $75M | 18.93% | TILE +7.2pp |
| Pre-tax income | $38M | 7.45% | $71M | 17.90% | TILE +10.4pp |
| Net income | $8M | 1.61% | $51M | 12.99% | TILE +11.4pp |
| Stage | ROCK | TILE | Gap · A − B |
|---|---|---|---|
| Revenue | $510M100.00% | $396M100.00% | ROCK ×1.29 |
| Gross profit | 25.92%$132M | 45.00%$178M | TILE +19.1pp |
| Operating income | 11.74%$60M | 18.93%$75M | TILE +7.2pp |
| Pre-tax income | 7.45%$38M | 17.90%$71M | TILE +10.4pp |
| Net income |
| 1.61%$8M |
| 12.99%$51M |
| TILE +11.4pp |
None
No disclosed counterparties: ROCK.