| Stage | WAB | % of rev | TRN | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.1B | 100.00% | $535M | 100.00% | WAB ×5.83 |
| Gross profit | $1.2B | 37.31% | $127M | 23.70% | WAB +13.6pp |
| Operating income | $625M | 20.03% | $96M | 17.87% | WAB +2.2pp |
| Pre-tax income | $557M | 17.85% | $30M | 5.66% | WAB +12.2pp |
| Net income | $411M | 13.17% | $18M | 3.27% | WAB +9.9pp |
| Stage | WAB | TRN | Gap · A − B |
|---|---|---|---|
| Revenue | $3.1B100.00% | $535M100.00% | WAB ×5.83 |
| Gross profit | 37.31%$1.2B | 23.70%$127M | WAB +13.6pp |
| Operating income | 20.03%$625M | 17.87%$96M | WAB +2.2pp |
| Pre-tax income | 17.85%$557M | 5.66%$30M | WAB +12.2pp |
| Net income |
| 13.17%$411M |
| 3.27%$18M |
| WAB +9.9pp |
No shared counterparties.