| Stage | WMB | % of rev | KGS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $3.2B | 100.00% | $391M | 100.00% | WMB ×8.24 |
| Gross profit | $2.6B | 80.39% | $247M | 63.09% | WMB +17.3pp |
| Operating income | $1.1B | 35.25% | $124M | 31.76% | WMB +3.5pp |
| Pre-tax income | $988M | 30.65% | $73M | 18.72% | WMB +11.9pp |
| Net income | $767M | 23.80% | $52M | 13.33% | WMB +10.5pp |
| Stage | WMB | KGS | Gap · A − B |
|---|---|---|---|
| Revenue | $3.2B100.00% | $391M100.00% | WMB ×8.24 |
| Gross profit | 80.39%$2.6B | 63.09%$247M | WMB +17.3pp |
| Operating income | 35.25%$1.1B | 31.76%$124M | WMB +3.5pp |
| Pre-tax income | 30.65%$988M | 18.72%$73M | WMB +11.9pp |
| Net income |
| 23.80%$767M |
| 13.33%$52M |
| WMB +10.5pp |
No disclosed counterparties: KGS.
None