COMP <GO>

LMT vs BRK-A // FREE CASH FLOW YIELD

Lockheed Martin Corporation (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: LMT 6 — BRK-A 7

▲ FREE CASH FLOW YIELD LEADER: LMT

LAST: $636.95 (-1.03%) • MKT CAP: $148.67B

fcf-yield

3.48%

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

fcf-yield

2.08%

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

INSTITUTIONAL METRIC	LMT	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	10.20%	41.00%	-30.80	BRK-A	/gross-margins <GO>
Return on Invested Capital (ROIC)	26.40%	8.30%	+18.10	LMT	/roic <GO>
EV/EBITDA & P/E Valuation	15.6x	12.7x	+2.90	BRK-A	/valuation <GO>
Free Cash Flow Yield ACTIVE	3.48%	2.08%	+1.40	LMT	/fcf-yield <GO>
Operating Margin	10.30%	33.00%	-22.70	BRK-A	/operating-margins <GO>
Net Profit Margin	6.70%	27.10%	-20.40	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	5.60%	-1.00%	+6.60	LMT	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	2.11%	0.00%	+2.11	LMT	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	3.73	3.02	+0.71	LMT	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	6/9	0.00	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	7.30%	7.30%	0.00	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	75.5	67.2	+8.33	LMT	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.11	1.13	-0.02	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	27.5x	16.7x	+10.80	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$148.67B	$1.20T	-$1.05T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	LMT REV	BRK-A REV	LMT GROSS %	BRK-A GROSS %	LMT FCF	BRK-A FCF
FY 2025	$75.05B	$247.24B	10.2%	44.0%	$5.18B	$25.04B
FY 2024	$71.04B	$249.71B	9.8%	44.0%	$3.78B	$11.62B
FY 2023	$67.57B	$254.91B	44.0%	44.0%	$4.88B	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

LMT // BETA 1.11

BRK-A // BETA 1.13