| Stage | WCC | % of rev | CHEF | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $7.2B | 100.00% | $1.1B | 100.00% | WCC ×6.36 |
| Gross profit | $1.6B | 21.67% | $284M | 25.04% | CHEF +3.4pp |
| Operating income | $451M | 6.24% | $51M | 4.53% | WCC +1.7pp |
| Pre-tax income | $355M | 4.92% | $42M | 3.74% | WCC +1.2pp |
| Net income | $269M | 3.72% | $30M | 2.61% | WCC +1.1pp |
| Stage | WCC | CHEF | Gap · A − B |
|---|---|---|---|
| Revenue | $7.2B100.00% | $1.1B100.00% | WCC ×6.36 |
| Gross profit | 21.67%$1.6B | 25.04%$284M | CHEF +3.4pp |
| Operating income | 6.24%$451M | 4.53%$51M | WCC +1.7pp |
| Pre-tax income | 4.92%$355M | 3.74%$42M | WCC +1.2pp |
| Net income |
| 3.72%$269M |
| 2.61%$30M |
| WCC +1.1pp |