COMP <GO>

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

Honeywell International Inc. (NASDAQ) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: HON 9 — BRK-A 6

▲ EV/EBITDA & P/E VALUATION LEADER: HON

LAST: $218.33 (-1.72%) • MKT CAP: $70.50B

valuation

8.2x

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

valuation

12.7x

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

INSTITUTIONAL METRIC	HON	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	36.90%	41.00%	-4.10	BRK-A	/gross-margins <GO>
Return on Invested Capital (ROIC)	38.90%	8.30%	+30.60	HON	/roic <GO>
EV/EBITDA & P/E Valuation ACTIVE	8.2x	12.7x	-4.50	HON	/valuation <GO>
Free Cash Flow Yield	7.69%	2.08%	+5.61	HON	/fcf-yield <GO>
Operating Margin	21.70%	33.00%	-11.30	BRK-A	/operating-margins <GO>
Net Profit Margin	12.60%	27.10%	-14.50	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	7.80%	-1.00%	+8.80	HON	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	4.22%	0.00%	+4.22	HON	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.15	3.02	+0.13	HON	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	6/9	+2.00	HON	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.90%	7.30%	-0.40	HON	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	56.9	67.2	-10.30	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.01	1.13	-0.12	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	13.9x	16.7x	-2.80	HON	/forward-pe <GO>
Enterprise Scale & Market Cap	$70.50B	$1.20T	-$1.13T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	HON REV	BRK-A REV	HON GROSS %	BRK-A GROSS %	HON FCF	BRK-A FCF
FY 2025	$37.44B	$247.24B	36.9%	44.0%	$5.42B	$25.04B
FY 2024	$34.72B	$249.71B	38.5%	44.0%	$5.23B	$11.62B
FY 2023	$33.01B	$254.91B	44.0%	44.0%	$3.85B	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

HON // BETA 1.01

BRK-A // BETA 1.13