| Stage | WMS | % of rev | LVS | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $889M | 100.00% | $3.2B | 100.00% | LVS ×3.62 |
| Gross profit | $346M | 38.89% | $1.4B | 44.96% | LVS +6.1pp |
| Operating income | $195M | 21.91% | $618M | 19.22% | WMS +2.7pp |
| Pre-tax income | $176M | 19.84% | $454M | 14.12% | WMS +5.7pp |
| Net income | $110M | 12.38% | $352M | 10.95% | WMS +1.4pp |
| Stage | WMS | LVS | Gap · A − B |
|---|---|---|---|
| Revenue | $889M100.00% | $3.2B100.00% | LVS ×3.62 |
| Gross profit | 38.89%$346M | 44.96%$1.4B | LVS +6.1pp |
| Operating income | 21.91%$195M | 19.22%$618M | WMS +2.7pp |
| Pre-tax income | 19.84%$176M | 14.12%$454M | WMS +5.7pp |
| Net income |
| 12.38%$110M |
| 10.95%$352M |
| WMS +1.4pp |
No disclosed counterparties: LVS.
None