| Stage | RPM | % of rev | WSM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.2B | 100.00% | $2.0B | 100.00% | RPM ×1.13 |
| Gross profit | $914M | 41.25% | $1.0B | 51.64% | WSM +10.4pp |
| Operating income | $349M | 15.75% | $449M | 22.90% | WSM +7.1pp |
| Pre-tax income | $337M | 15.21% | $461M | 23.53% | WSM +8.3pp |
| Net income | $257M | 11.58% | $338M | 17.25% | WSM +5.7pp |
| Stage | RPM | WSM | Gap · A − B |
|---|---|---|---|
| Revenue | $2.2B100.00% | $2.0B100.00% | RPM ×1.13 |
| Gross profit | 41.25%$914M | 51.64%$1.0B | WSM +10.4pp |
| Operating income | 15.75%$349M | 22.90%$449M | WSM +7.1pp |
| Pre-tax income | 15.21%$337M | 23.53%$461M | WSM +8.3pp |
| Net income |
| 11.58%$257M |
| 17.25%$338M |
| WSM +5.7pp |