COMP <GO>

FTAI vs BRK-A // EV/EBITDA & P/E VALUATION

FTAI Aviation Ltd. (NASDAQ) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: FTAI 6 — BRK-A 9

▲ EV/EBITDA & P/E VALUATION LEADER: BRK-A

LAST: $187.27 (-4.46%) • MKT CAP: $20.13B

valuation

51.6x

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

valuation

12.7x

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

INSTITUTIONAL METRIC	FTAI	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	46.20%	41.00%	+5.20	FTAI	/gross-margins <GO>
Return on Invested Capital (ROIC)	18.00%	8.30%	+9.70	FTAI	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	51.6x	12.7x	+38.90	BRK-A	/valuation <GO>
Free Cash Flow Yield	-1.68%	2.08%	-3.76	BRK-A	/fcf-yield <GO>
Operating Margin	15.70%	33.00%	-17.30	BRK-A	/operating-margins <GO>
Net Profit Margin	12.20%	27.10%	-14.90	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	44.50%	-1.00%	+45.50	FTAI	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.64%	0.00%	+0.64	FTAI	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	4.42	3.02	+1.40	FTAI	/balance-sheet <GO>
Piotroski F-Score Quality	4/9	6/9	-2.00	BRK-A	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.60%	7.30%	-0.70	FTAI	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	59.3	67.2	-7.90	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.90	1.13	-0.23	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	55.1x	16.7x	+38.40	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$20.13B	$1.20T	-$1.18T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	FTAI REV	BRK-A REV	FTAI GROSS %	BRK-A GROSS %	FTAI FCF	BRK-A FCF
FY 2025	$2.51B	$247.24B	46.2%	44.0%	-$338.5M	$25.04B
FY 2024	$1.73B	$249.71B	52.4%	44.0%	-$197.2M	$11.62B
FY 2023	$1.17B	$254.91B	44.0%	44.0%	$76.3M	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

FTAI // BETA 0.90

BRK-A // BETA 1.13