COMP <GO>

TWI vs RIO // GROSS PROFIT MARGIN

Titan International Inc. (NYSE) VS. Rio Tinto Plc (NYSE) • 15-METRIC TALLY: TWI 0 — RIO 9

■ METRIC PARITY

LAST: $4.91 (-25.83%) • MKT CAP: $316.9M

gross-margins

13.90%

LAST: $83.25 (-3.12%) • MKT CAP: $104.57B

gross-margins

—

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

INSTITUTIONAL METRIC	TWI	RIO	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin ACTIVE	13.90%	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	5.30%	9.90%	-4.60	RIO	/roic <GO>
EV/EBITDA & P/E Valuation	—	21.0x	—	TIE	/valuation <GO>
Free Cash Flow Yield	-7.76%	2.21%	-9.97	RIO	/fcf-yield <GO>
Operating Margin	1.10%	13.90%	-12.80	RIO	/operating-margins <GO>
Net Profit Margin	-3.30%	10.90%	-14.20	RIO	/net-margins <GO>
Revenue Growth (YoY)	-0.90%	1.10%	-2.00	RIO	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	1.78	3.74	-1.96	RIO	/balance-sheet <GO>
Piotroski F-Score Quality	3/9	7/9	-4.00	RIO	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	16.9	31.2	-14.25	RIO	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.02	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	30.5x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$316.9M	$104.57B	-$104.25B	RIO	/market-cap <GO>

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

FISCAL YEAR	TWI REV	RIO REV	TWI GROSS %	RIO GROSS %	TWI FCF	RIO FCF
FY 2025	$1.83B	—	13.9%	—	-$24.6M	—
FY 2024	$1.85B	—	14.0%	—	$75.9M	—
FY 2023	$1.82B	—	—	—	$179.3M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

TWI // BETA —

RIO // BETA 1.02