COMP <GO>

CSX vs BRK-A // NET PROFIT MARGIN

CSX Corporation (NASDAQ) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: CSX 4 — BRK-A 9

▲ NET PROFIT MARGIN LEADER: BRK-A

LAST: $51.99 (-0.48%) • MKT CAP: $96.30B

net-margins

20.50%

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

net-margins

27.10%

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

INSTITUTIONAL METRIC	CSX	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	17.20%	8.30%	+8.90	CSX	/roic <GO>
EV/EBITDA & P/E Valuation	14.9x	12.7x	+2.20	BRK-A	/valuation <GO>
Free Cash Flow Yield	1.78%	2.08%	-0.30	BRK-A	/fcf-yield <GO>
Operating Margin	32.10%	33.00%	-0.90	BRK-A	/operating-margins <GO>
Net Profit Margin ACTIVE	20.50%	27.10%	-6.60	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	-3.10%	-1.00%	-2.10	BRK-A	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	1.01%	0.00%	+1.01	CSX	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	2.88	3.02	-0.14	BRK-A	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	6/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	7.30%	-0.80	CSX	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	67.5	67.2	+0.34	CSX	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.88	1.13	-0.25	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	31.0x	16.7x	+14.30	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$96.30B	$1.20T	-$1.11T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	CSX REV	BRK-A REV	CSX GROSS %	BRK-A GROSS %	CSX FCF	BRK-A FCF
FY 2025	$14.09B	$247.24B	44.0%	44.0%	$1.71B	$25.04B
FY 2024	$14.54B	$249.71B	44.0%	44.0%	$2.72B	$11.62B
FY 2023	$14.66B	$254.91B	44.0%	44.0%	$4.85B	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

CSX // BETA 0.88

BRK-A // BETA 1.13