COMP <GO>

TK vs V // PIOTROSKI F-SCORE QUALITY

Teekay Corporation Ltd. (NYSE) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: TK 3 — V 8

▲ PIOTROSKI F-SCORE QUALITY LEADER: V

LAST: $14.90 (+1.85%) • MKT CAP: $1.29B

piotroski-score

6/9

LAST: $410.54 (+2.48%) • MKT CAP: $733.53B

piotroski-score

9/9

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TK VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	TK	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	66.60%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	19.60%	32.30%	-12.70	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	8.62%	2.90%	+5.72	TK	/fcf-yield <GO>
Operating Margin	31.90%	60.00%	-28.10	V	/operating-margins <GO>
Net Profit Margin	10.30%	50.10%	-39.80	V	/net-margins <GO>
Revenue Growth (YoY)	-22.20%	11.30%	-33.50	V	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	6.59%	0.63%	+5.96	TK	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	5.20	9.09	-3.89	V	/balance-sheet <GO>
Piotroski F-Score Quality ACTIVE	6/9	9/9	-3.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	57.0	65.6	-8.64	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	12.3x	34.0x	-21.70	TK	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.29B	$733.53B	-$732.24B	V	/market-cap <GO>

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

FISCAL YEAR	TK REV	V REV	TK GROSS %	V GROSS %	TK FCF	V FCF
FY 2025	$949.5M	$40.00B	66.6%	—	$111.5M	$21.26B
FY 2024	$1.22B	$35.93B	66.8%	—	$396.7M	$18.33B
FY 2023	$1.46B	$32.65B	—	—	$629.8M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TK // BETA —

V // BETA 1.06