COMP <GO>

MAIR vs BRK-A // NET PROFIT MARGIN

Madison Air Solutions Corporation (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: MAIR 5 — BRK-A 8

▲ NET PROFIT MARGIN LEADER: BRK-A

LAST: $23.16 (-5.70%) • MKT CAP: $12.32B

net-margins

10.90%

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

net-margins

27.10%

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

INSTITUTIONAL METRIC	MAIR	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	41.00%	41.00%	0.00	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	13.60%	8.30%	+5.30	MAIR	/roic <GO>
EV/EBITDA & P/E Valuation	24.7x	12.7x	+12.00	BRK-A	/valuation <GO>
Free Cash Flow Yield	2.21%	2.08%	+0.13	MAIR	/fcf-yield <GO>
Operating Margin	13.90%	33.00%	-19.10	BRK-A	/operating-margins <GO>
Net Profit Margin ACTIVE	10.90%	27.10%	-16.20	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	17.60%	-1.00%	+18.60	MAIR	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	1.71	3.02	-1.31	BRK-A	/balance-sheet <GO>
Piotroski F-Score Quality	8/9	6/9	+2.00	MAIR	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.70%	7.30%	-0.60	MAIR	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	42.8	67.2	-24.34	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.93	1.13	-0.20	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	27.6x	16.7x	+10.90	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$12.32B	$1.20T	-$1.19T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	MAIR REV	BRK-A REV	MAIR GROSS %	BRK-A GROSS %	MAIR FCF	BRK-A FCF
FY 2025	$0	$247.24B	—	44.0%	$0	$25.04B
FY 2024	—	$249.71B	—	44.0%	—	$11.62B
FY 2023	—	$254.91B	—	44.0%	—	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

MAIR // BETA 0.93

BRK-A // BETA 1.13