COMP <GO>

DRS vs CAT // NET PROFIT MARGIN

Leonardo DRS Inc. (NASDAQ) VS. Caterpillar Inc. (NYSE) • 15-METRIC TALLY: DRS 3 — CAT 12

▲ NET PROFIT MARGIN LEADER: CAT

LAST: $37.68 (-4.94%) • MKT CAP: $10.58B

net-margins

7.60%

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

net-margins

14.51%

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

INSTITUTIONAL METRIC	DRS	CAT	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	23.80%	82.20%	-58.40	CAT	/gross-margins <GO>
Return on Invested Capital (ROIC)	9.20%	21.15%	-11.95	CAT	/roic <GO>
EV/EBITDA & P/E Valuation	23.2x	20.9x	+2.34	CAT	/valuation <GO>
Free Cash Flow Yield	2.15%	3.74%	-1.59	CAT	/fcf-yield <GO>
Operating Margin	9.50%	17.52%	-8.02	CAT	/operating-margins <GO>
Net Profit Margin ACTIVE	7.60%	14.51%	-6.91	CAT	/net-margins <GO>
Revenue Growth (YoY)	12.80%	18.36%	-5.56	CAT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	1.05%	-1.05	CAT	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.59	4.34	-0.75	CAT	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	5/9	+3.00	DRS	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.50%	8.46%	-1.96	DRS	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	56.6	23.6	+33.02	DRS	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.89	1.02	-0.13	CAT	/macro-sensitivity <GO>
Forward P/E Multiple	32.0x	26.0x	+6.04	CAT	/forward-pe <GO>
Enterprise Scale & Market Cap	$10.58B	$286.26B	-$275.68B	CAT	/market-cap <GO>

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

FISCAL YEAR	DRS REV	CAT REV	DRS GROSS %	CAT GROSS %	DRS FCF	CAT FCF
FY 2025	$3.65B	$67.59B	23.8%	99.9%	$227.0M	$8.92B
FY 2024	$3.23B	$64.81B	22.8%	100.0%	$186.0M	$10.05B
FY 2023	$2.83B	$67.06B	44.0%	99.8%	$77.8M	$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

DRS // BETA 0.89

CAT // BETA 1.02