COMP <GO>

NSC vs BRK-A // REVENUE GROWTH (YOY)

Norfolk Southern Corporation (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: NSC 7 — BRK-A 7

▲ REVENUE GROWTH (YOY) LEADER: NSC

LAST: $342.64 (+0.13%) • MKT CAP: $76.86B

revenue-growth

0.50%

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

revenue-growth

-1.00%

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

INSTITUTIONAL METRIC	NSC	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)	13.00%	8.30%	+4.70	NSC	/roic <GO>
EV/EBITDA & P/E Valuation	14.1x	12.7x	+1.40	BRK-A	/valuation <GO>
Free Cash Flow Yield	2.81%	2.08%	+0.73	NSC	/fcf-yield <GO>
Operating Margin	35.80%	33.00%	+2.80	NSC	/operating-margins <GO>
Net Profit Margin	23.60%	27.10%	-3.50	BRK-A	/net-margins <GO>
Revenue Growth (YoY) ACTIVE	0.50%	-1.00%	+1.50	NSC	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	1.58%	0.00%	+1.58	NSC	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	2.53	3.02	-0.49	BRK-A	/balance-sheet <GO>
Piotroski F-Score Quality	7/9	6/9	+1.00	NSC	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.80%	7.30%	-0.50	NSC	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	67.1	67.2	-0.07	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	0.96	1.13	-0.17	BRK-A	/macro-sensitivity <GO>
Forward P/E Multiple	24.9x	16.7x	+8.20	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$76.86B	$1.20T	-$1.13T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	NSC REV	BRK-A REV	NSC GROSS %	BRK-A GROSS %	NSC FCF	BRK-A FCF
FY 2025	$12.18B	$247.24B	44.0%	44.0%	$2.16B	$25.04B
FY 2024	$12.12B	$249.71B	44.0%	44.0%	$1.67B	$11.62B
FY 2023	$12.16B	$254.91B	44.0%	44.0%	$2.63B	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

NSC // BETA 0.96

BRK-A // BETA 1.13