COMP <GO>

TDY vs BRK-A // OPTIONS IMPLIED MOVE & PUT/CALL SKEW

Teledyne Technologies Incorporated (NYSE) VS. Berkshire Hathaway Inc. (NYSE) • 15-METRIC TALLY: TDY 6 — BRK-A 8

▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: BRK-A

LAST: $658.23 (-2.84%) • MKT CAP: $31.19B

options-implied-move

7.40%

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

options-implied-move

7.30%

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

INSTITUTIONAL METRIC	TDY	BRK-A	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	42.80%	41.00%	+1.80	TDY	/gross-margins <GO>
Return on Invested Capital (ROIC)	7.50%	8.30%	-0.80	BRK-A	/roic <GO>
EV/EBITDA & P/E Valuation	26.3x	12.7x	+13.60	BRK-A	/valuation <GO>
Free Cash Flow Yield	3.44%	2.08%	+1.36	TDY	/fcf-yield <GO>
Operating Margin	18.80%	33.00%	-14.20	BRK-A	/operating-margins <GO>
Net Profit Margin	14.60%	27.10%	-12.50	BRK-A	/net-margins <GO>
Revenue Growth (YoY)	7.90%	-1.00%	+8.90	TDY	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	5.32	3.02	+2.30	TDY	/balance-sheet <GO>
Piotroski F-Score Quality	9/9	6/9	+3.00	TDY	/piotroski-score <GO>
Options Implied Move & Put/Call Skew ACTIVE	7.40%	7.30%	+0.10	BRK-A	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	62.9	67.2	-4.31	BRK-A	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.15	1.13	+0.02	TDY	/macro-sensitivity <GO>
Forward P/E Multiple	32.5x	16.7x	+15.80	BRK-A	/forward-pe <GO>
Enterprise Scale & Market Cap	$31.19B	$1.20T	-$1.17T	BRK-A	/market-cap <GO>

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

FISCAL YEAR	TDY REV	BRK-A REV	TDY GROSS %	BRK-A GROSS %	TDY FCF	BRK-A FCF
FY 2025	$6.12B	$247.24B	42.8%	44.0%	$1.07B	$25.04B
FY 2024	$5.67B	$249.71B	42.9%	44.0%	$1.11B	$11.62B
FY 2023	$5.64B	$254.91B	44.0%	44.0%	$582.5M	$37.73B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TDY // BETA 1.15

BRK-A // BETA 1.13