| Stage | STLD | % of rev | URI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $6.5B | 100.00% | $4.9B | 100.00% | STLD ×1.33 |
| Gross profit | $1.3B | 19.70% | $2.0B | 41.81% | URI +22.1pp |
| Operating income | $1.0B | 15.46% | $1.4B | 28.80% | URI +13.3pp |
| Pre-tax income | $979M | 15.03% | $1.2B | 25.16% | URI +10.1pp |
| Net income | $756M | 11.61% | $920M | 18.80% | URI +7.2pp |
| Stage | STLD | URI | Gap · A − B |
|---|---|---|---|
| Revenue | $6.5B100.00% | $4.9B100.00% | STLD ×1.33 |
| Gross profit | 19.70%$1.3B | 41.81%$2.0B | URI +22.1pp |
| Operating income | 15.46%$1.0B | 28.80%$1.4B | URI +13.3pp |
| Pre-tax income | 15.03%$979M | 25.16%$1.2B | URI +10.1pp |
| Net income |
| 11.61%$756M |
| 18.80%$920M |
| URI +7.2pp |
No disclosed counterparties: STLD, URI.