| Stage | TPG | % of rev | BLK | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.8B | 100.00% | $4.8B | 100.00% | BLK ×2.61 |
| Gross profit | $1.8B | 100.00% | $3.3B | 68.05% | TPG +31.9pp |
| Operating income | $344M | 18.69% | $1.8B | 37.46% | BLK +18.8pp |
| Pre-tax income | $356M | 19.33% | $2.0B | 41.91% | BLK +22.6pp |
| Net income | $320M | 17.36% | $1.5B | 31.99% | BLK +14.6pp |
| Stage | TPG | BLK | Gap · A − B |
|---|---|---|---|
| Revenue | $1.8B100.00% | $4.8B100.00% | BLK ×2.61 |
| Gross profit | 100.00%$1.8B | 68.05%$3.3B | TPG +31.9pp |
| Operating income | 18.69%$344M | 37.46%$1.8B | BLK +18.8pp |
| Pre-tax income | 19.33%$356M | 41.91%$2.0B | BLK +22.6pp |
| Net income |
| 17.36%$320M |
| 31.99%$1.5B |
| BLK +14.6pp |
No shared counterparties.