COMP <GO>

EME vs CAT // DIVIDEND YIELD & FCF PAYOUT SAFETY

EMCOR Group Inc. (NYSE) VS. Caterpillar Inc. (NYSE) • 15-METRIC TALLY: EME 8 — CAT 7

▲ DIVIDEND YIELD & FCF PAYOUT SAFETY LEADER: CAT

LAST: $679.55 (-1.42%) • MKT CAP: $30.41B

dividend-safety

0.15%

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

dividend-safety

1.05%

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

INSTITUTIONAL METRIC	EME	CAT	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	19.30%	82.20%	-62.90	CAT	/gross-margins <GO>
Return on Invested Capital (ROIC)	27.50%	21.15%	+6.35	EME	/roic <GO>
EV/EBITDA & P/E Valuation	13.4x	20.9x	-7.46	EME	/valuation <GO>
Free Cash Flow Yield	1.77%	3.74%	-1.97	CAT	/fcf-yield <GO>
Operating Margin	10.10%	17.52%	-7.42	CAT	/operating-margins <GO>
Net Profit Margin	7.50%	14.51%	-7.01	CAT	/net-margins <GO>
Revenue Growth (YoY)	16.60%	18.36%	-1.76	CAT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety ACTIVE	0.15%	1.05%	-0.90	CAT	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	6.73	4.34	+2.39	EME	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	5/9	+3.00	EME	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.30%	8.46%	-1.16	EME	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	38.4	23.6	+14.81	EME	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.13	1.02	+0.11	EME	/macro-sensitivity <GO>
Forward P/E Multiple	20.1x	26.0x	-5.86	EME	/forward-pe <GO>
Enterprise Scale & Market Cap	$30.41B	$286.26B	-$255.86B	CAT	/market-cap <GO>

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

FISCAL YEAR	EME REV	CAT REV	EME GROSS %	CAT GROSS %	EME FCF	CAT FCF
FY 2025	$16.99B	$67.59B	19.3%	99.9%	$537.7M	$8.92B
FY 2024	$14.57B	$64.81B	19.0%	100.0%	$752.4M	$10.05B
FY 2023	$12.58B	$67.06B	44.0%	99.8%	$333.4M	$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

EME // BETA 1.13

CAT // BETA 1.02