| Stage | URI | % of rev | UNH | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.9B | 100.00% | $113B | 100.00% | UNH ×23.03 |
| Gross profit | $2.0B | 41.81% | $22.0B | 19.53% | URI +22.3pp |
| Operating income | $1.4B | 28.80% | $6.6B | 5.82% | URI +23.0pp |
| Pre-tax income | $1.2B | 25.16% | $5.5B | 4.90% | URI +20.3pp |
| Net income | $920M | 18.80% | $4.3B | 3.82% | URI +15.0pp |
| Stage | URI | UNH | Gap · A − B |
|---|---|---|---|
| Revenue | $4.9B100.00% | $113B100.00% | UNH ×23.03 |
| Gross profit | 41.81%$2.0B | 19.53%$22.0B | URI +22.3pp |
| Operating income | 28.80%$1.4B | 5.82%$6.6B | URI +23.0pp |
| Pre-tax income | 25.16%$1.2B | 4.90%$5.5B | URI +20.3pp |
| Net income | 18.80%$920M | 3.82%$4.3B | URI +15.0pp |
None
No disclosed counterparties: URI.