COMP <GO>

PYPL vs BRK-A // PIOTROSKI F-SCORE QUALITY

PayPal Holdings Inc. (NASDAQ) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: PYPL 8 — BRK-A 6

▲ PIOTROSKI F-SCORE QUALITY LEADER: PYPL

LAST: $57.01 (+0.11%) • MKT CAP: $47.31B

piotroski-score

9/9

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

piotroski-score

6/9

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

INSTITUTIONAL METRIC	PYPL	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)	21.60%	8.30%	+13.30	PYPL	/roic <GO>
EV/EBITDA & P/E Valuation	7.3x	12.7x	-5.40	PYPL	/valuation <GO>
Free Cash Flow Yield	11.76%	2.08%	+9.68	PYPL	/fcf-yield <GO>
Operating Margin	18.30%	33.00%	-14.70	BRK-A	/operating-margins <GO>
Net Profit Margin	15.80%	27.10%	-11.30	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	4.30%	-1.00%	+5.30	PYPL	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.27%	0.00%	+0.27	PYPL	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	1.90	3.02	-1.12	BRK-A	/balance-sheet <GO>
Piotroski F-Score Quality ACTIVE	9/9	6/9	+3.00	PYPL	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	6.70%	7.30%	-0.60	PYPL	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	57.0	67.2	-10.22	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	8.4x	16.7x	-8.30	PYPL	/forward-pe <GO>
Enterprise Scale & Market Cap	$47.31B	$1.20T	-$1.16T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	PYPL REV	BRK-A REV	PYPL GROSS %	BRK-A GROSS %	PYPL FCF	BRK-A FCF
FY 2025	$33.17B	$247.24B	44.0%	44.0%	$5.56B	$25.04B
FY 2024	$31.80B	$249.71B	44.0%	44.0%	$6.77B	$11.62B
FY 2023	$29.77B	$254.91B	44.0%	44.0%	$3.50B	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

PYPL // BETA 0.93

BRK-A // BETA 1.13