COMP <GO>

BRK-A vs CAT // FREE CASH FLOW YIELD

Berkshire Hathaway Inc. (NYSE) VS. Caterpillar Inc. (NYSE) • 15-METRIC TALLY: BRK-A 9 — CAT 6

▲ FREE CASH FLOW YIELD LEADER: CAT

LAST: $815,600.00 (-0.23%) • MKT CAP: $1.20T

fcf-yield

2.08%

LAST: $622.75 (-3.81%) • MKT CAP: $286.26B

fcf-yield

3.74%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BRK-A VS. CAT) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	BRK-A	CAT	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	82.20%	-41.20	CAT	/gross-margins <GO>
Return on Invested Capital (ROIC)	8.30%	21.15%	-12.85	CAT	/roic <GO>
EV/EBITDA & P/E Valuation	12.7x	20.9x	-8.16	BRK-A	/valuation <GO>
Free Cash Flow Yield ACTIVE	2.08%	3.74%	-1.66	CAT	/fcf-yield <GO>
Operating Margin	33.00%	17.52%	+15.48	BRK-A	/operating-margins <GO>
Net Profit Margin	27.10%	14.51%	+12.59	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	-1.00%	18.36%	-19.36	CAT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	1.05%	-1.05	CAT	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.02	4.34	-1.32	CAT	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	5/9	+1.00	BRK-A	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.30%	8.46%	-1.16	BRK-A	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	67.2	23.6	+43.58	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.13	1.02	+0.11	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	16.7x	26.0x	-9.26	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.20T	$286.26B	$916.18B	BRK-A	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	BRK-A REV	CAT REV	BRK-A GROSS %	CAT GROSS %	BRK-A FCF	CAT FCF
FY 2025	$247.24B	$67.59B	44.0%	99.9%	$25.04B	$8.92B
FY 2024	$249.71B	$64.81B	44.0%	100.0%	$11.62B	$10.05B
FY 2023	$254.91B	$67.06B	44.0%	99.8%	$37.73B	$11.29B
FY 2022	—	$59.43B	—	99.3%	—	$6.47B
FY 2021	—	$50.97B	—	30.3%	—	$6.11B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

BRK-A // BETA 1.13

CAT // BETA 1.02