| Stage | WEC | % of rev | PPL | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.3B | 100.00% | $2.1B | 100.00% | WEC ×1.09 |
| Gross profit | $1.6B | 71.57% | $837M | 39.65% | WEC +31.9pp |
| Operating income | $564M | 24.61% | $475M | 22.50% | WEC +2.1pp |
| Pre-tax income | $437M | 19.09% | $286M | 13.55% | WEC +5.5pp |
| Net income | $390M | 17.04% | $230M | 10.90% | WEC +6.1pp |
| Stage | WEC | PPL | Gap · A − B |
|---|---|---|---|
| Revenue | $2.3B100.00% | $2.1B100.00% | WEC ×1.09 |
| Gross profit | 71.57%$1.6B | 39.65%$837M | WEC +31.9pp |
| Operating income | 24.61%$564M | 22.50%$475M | WEC +2.1pp |
| Pre-tax income | 19.09%$437M | 13.55%$286M | WEC +5.5pp |
| Net income |
| 17.04%$390M |
| 10.90%$230M |
| WEC +6.1pp |
No disclosed counterparties: PPL.
None