| Stage | TREX | % of rev | AAON | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $418M | 100.00% | $627M | 100.00% | AAON ×1.50 |
| Gross profit | $158M | 37.88% | $152M | 24.32% | TREX +13.6pp |
| Operating income | $86M | 20.62% | $69M | 10.99% | TREX +9.6pp |
| Pre-tax income | $84M | 20.06% | $63M | 10.02% | TREX +10.0pp |
| Net income | $62M | 14.80% | $57M | 9.04% | TREX +5.8pp |
| Stage | TREX | AAON | Gap · A − B |
|---|---|---|---|
| Revenue | $418M100.00% | $627M100.00% | AAON ×1.50 |
| Gross profit | 37.88%$158M | 24.32%$152M | TREX +13.6pp |
| Operating income | 20.62%$86M | 10.99%$69M | TREX +9.6pp |
| Pre-tax income | 20.06%$84M | 10.02%$63M | TREX +10.0pp |
| Net income |
| 14.80%$62M |
| 9.04%$57M |
| TREX +5.8pp |
No shared counterparties.