COMP <GO>

GTES vs BRK-A // OPERATING MARGIN

Gates Industrial Corporation Ltd. (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: GTES 4 — BRK-A 10

▲ OPERATING MARGIN LEADER: BRK-A

LAST: $23.83 (-9.22%) • MKT CAP: $6.65B

operating-margins

13.50%

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

operating-margins

33.00%

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

INSTITUTIONAL METRIC	GTES	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	39.80%	41.00%	-1.20	BRK-A	/gross-margins <GO>
Return on Invested Capital (ROIC)	7.80%	8.30%	-0.50	BRK-A	/roic <GO>
EV/EBITDA & P/E Valuation	15.2x	12.7x	+2.50	BRK-A	/valuation <GO>
Free Cash Flow Yield	6.09%	2.08%	+4.01	GTES	/fcf-yield <GO>
Operating Margin ACTIVE	13.50%	33.00%	-19.50	BRK-A	/operating-margins <GO>
Net Profit Margin	7.30%	27.10%	-19.80	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	1.00%	-1.00%	+2.00	GTES	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	2.46	3.02	-0.56	BRK-A	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	6/9	+2.00	GTES	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.90%	7.30%	-0.40	GTES	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	34.8	67.2	-32.34	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.99	1.13	-0.14	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	24.6x	16.7x	+7.90	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$6.65B	$1.20T	-$1.20T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	GTES REV	BRK-A REV	GTES GROSS %	BRK-A GROSS %	GTES FCF	BRK-A FCF
FY 2025	$3.44B	$247.24B	39.8%	44.0%	$404.9M	$25.04B
FY 2024	$3.41B	$249.71B	39.9%	44.0%	$296.5M	$11.62B
FY 2023	$3.57B	$254.91B	44.0%	44.0%	$320.3M	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

GTES // BETA 0.99

BRK-A // BETA 1.13