COMP <GO>

FIP vs TMO // RETURN ON INVESTED CAPITAL (ROIC)

FTAI Infrastructure Inc. (NASDAQ) VS. Thermo Fisher Scientific Inc (NYSE) • 15-METRIC TALLY: FIP 2 — TMO 3

■ METRIC PARITY

LAST: $2.87 (+2.13%) • MKT CAP: $339.2M

roic

—

LAST: $709.18 (+0.71%) • MKT CAP: $262.22B

roic

9.30%

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

INSTITUTIONAL METRIC	FIP	TMO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	—	9.30%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	30.4x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	2.40%	—	TIE	/fcf-yield <GO>
Operating Margin	—	17.40%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	15.10%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	51.60%	3.90%	+47.70	FIP	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	4.08%	0.24%	+3.84	FIP	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	4.50	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	2/9	8/9	-6.00	TMO	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	55.4	62.9	-7.55	TMO	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	0.94	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	36.3x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$339.2M	$262.22B	-$261.88B	TMO	/market-cap <GO>

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

FISCAL YEAR	FIP REV	TMO REV	FIP GROSS %	TMO GROSS %	FIP FCF	TMO FCF
FY 2025	$502.5M	$44.56B	—	—	-$398.5M	$6.29B
FY 2024	$331.5M	$42.88B	—	—	-$94.8M	$7.27B
FY 2023	$320.5M	$42.86B	—	—	$5.5M	$6.48B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

FIP // BETA —

TMO // BETA 0.94