COMP <GO>

DRS vs BRK-A // 10Y YIELD & FRED MACRO BETA

Leonardo DRS Inc. (NASDAQ) VS. Berkshire Hathaway Inc. (Class A) (NYSE) • 15-METRIC TALLY: DRS 3 — BRK-A 8

▲ 10Y YIELD & FRED MACRO BETA LEADER: BRK-A

LAST: $39.64 (+11.66%) • MKT CAP: $10.58B

macro-sensitivity

0.89

LAST: $817,500.00 (+0.68%) • MKT CAP: $1.20T

macro-sensitivity

1.13

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

INSTITUTIONAL METRIC	DRS	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	23.80%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.20%	11.47%	-2.27	BRK-A	/roic <GO>
EV/EBITDA & P/E Valuation	23.2x	9.7x	+13.52	BRK-A	/valuation <GO>
Free Cash Flow Yield	2.15%	2.09%	+0.06	DRS	/fcf-yield <GO>
Operating Margin	9.50%	27.80%	-18.30	BRK-A	/operating-margins <GO>
Net Profit Margin	7.60%	22.30%	-14.70	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	12.80%	3.93%	+8.87	DRS	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.59	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	4/9	+4.00	DRS	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	63.6	68.1	-4.50	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta ACTIVE	0.89	1.13	-0.24	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	32.0x	24.3x	+7.66	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$10.58B	$1.20T	-$1.19T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	DRS REV	BRK-A REV	DRS GROSS %	BRK-A GROSS %	DRS FCF	BRK-A FCF
FY 2025	$3.65B	$247.24B	23.8%	—	$227.0M	$25.04B
FY 2024	$3.23B	$249.71B	22.8%	—	$186.0M	$11.62B
FY 2023	$2.83B	$254.91B	—	—	$77.8M	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

DRS // BETA 0.89

BRK-A // BETA 1.13