| Stage | VRT | % of rev | MOD | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $4.3B | 100.00% | $994M | 100.00% | VRT ×4.34 |
| Gross profit | $1.6B | 38.11% | $205M | 20.66% | VRT +17.4pp |
| Operating income | $984M | 22.81% | $98M | 9.84% | VRT +13.0pp |
| Pre-tax income | $995M | 23.07% | $88M | 8.85% | VRT +14.2pp |
| Net income | $765M | 17.73% | $30M | 3.05% | VRT +14.7pp |
| Stage | VRT | MOD | Gap · A − B |
|---|---|---|---|
| Revenue | $4.3B100.00% | $994M100.00% | VRT ×4.34 |
| Gross profit | 38.11%$1.6B | 20.66%$205M | VRT +17.4pp |
| Operating income | 22.81%$984M | 9.84%$98M | VRT +13.0pp |
| Pre-tax income | 23.07%$995M | 8.85%$88M | VRT +14.2pp |
| Net income | 17.73%$765M | 3.05%$30M | VRT +14.7pp |