| Stage | VRT | % of rev | CEG | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.3B | 100.00% | $7.5B | 100.00% | CEG ×1.74 |
| Gross profit | $1.6B | 38.11% | $3.5B | 46.39% | CEG +8.3pp |
| Operating income | $984M | 22.81% | $580M | 7.73% | VRT +15.1pp |
| Pre-tax income | $995M | 23.07% | $900M | 11.99% | VRT +11.1pp |
| Net income | $765M | 17.73% | $508M | 6.77% | VRT +11.0pp |
| Stage | VRT | CEG | Gap · A − B |
|---|---|---|---|
| Revenue | $4.3B100.00% | $7.5B100.00% | CEG ×1.74 |
| Gross profit | 38.11%$1.6B | 46.39%$3.5B | CEG +8.3pp |
| Operating income | 22.81%$984M | 7.73%$580M | VRT +15.1pp |
| Pre-tax income | 23.07%$995M | 11.99%$900M | VRT +11.1pp |
| Net income | 17.73%$765M | 6.77%$508M | VRT +11.0pp |