Screen · Berkshire Criteria

Buffett Quality Screen

Buffett's "wonderful business" criteria, quantified into six dimensions: earnings record (20), ROE quality (25 — Fortune's double standard), low leverage (15), pricing power (15), business stability (15) and capital efficiency (10), for a 0–100 total. The entry gate is the first of Berkshire's acquisition criteria — at least $50M average pre-tax earnings over the last three fiscal years (banks and insurers excluded, as leverage is their business model; investment trusts and closed-end funds excluded, as they are portfolios rather than operating companies). Recomputed periodically from each company's last ten fiscal years; cross-listings merged by canonical ticker. Hover the score for the six-dimension breakdown; companies we cover link to their report. Filtered by score tier "Poor", profit streak "≥7 yr": 9 match(clear filters).

# Ticker Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Report FY
1 Williams Companies Inc WMB · US $87B
33/100 Poor
11.6%low -9.1% 7 yr 2.3× 52% The Williams Companies: A Long-Term Owner's PerspectiveMay 26, 2026 · Watch FY2025
2 Asia Potash International Investment Guangzhou Co Ltd 000893 · Shenzhen $6.3B
33/100 Poor
5.5%low -19.0% 8 yr 0.1× 43% FY2025
3 NewJersey Resources Corporation NJR · US $5.8B
33/100 Poor
12.2%low 7.2% 10 yr+ 1.6× 13% FY2025
4 Guangzhou Friendship Group Co Ltd 000987 · Shenzhen $5.5B
33/100 Poor
8.5%low 2.8% 10 yr+ 0.7× 52% FY2025
5 Entergy Corporation ETR · US $50B
31/100 Poor
8.4%low -6.8% 9 yr 1.7× 37% Entergy: A Research Report Through a Long-Term Corporate Owner's LensMay 27, 2026 · Watch FY2025
6 Edison International EIX · US $28B
29/100 Poor
8.8%low -2.9% 7 yr 2.4× 40% FY2025
7 Samsung Biologics Co Ltd 207940 · Korea $46B
27/100 Poor
6.8%low -4.3% 8 yr 38% Samsung Biologics (207940) Zen Horizon Framework Deep Dive: A Global CDMO Champion Newly Purified by Spin-Off, Where an Excellent Business Meets a Rich Price and Unproven BIOSECURE UpsideJun 5, 2026 · Hold FY2025
8 FLEX LNG Ltd FLNG · US $1.7B
25/100 Poor
8.0%low -2.0% 8 yr 1.9× 45% FY2025
9 Textainer Group Holdings Ltd TGH · US $2.1B
20/100 Poor
7.8%low -4.5% 7 yr 2.5× 33% FY2023

Data and methodology: the six dimensions quantify Berkshire's published acquisition criteria and Buffett's shareholder letters (1981/1987/1991/2007 among others). Qualitative tests in the originals (e.g. "simple, understandable business", "management in place") are out of scope, and price ("available at a fair price") is covered by each report's valuation range instead. Financials come from company annual reports (via EODHD); ratios are computed in reporting currency, the USD gate via static FX. "‡" marks companies whose equity is persistently negative or tiny (ROE falls back to ROCE); "†" marks missing gross profit (operating margin used). Investment trusts and closed-end funds are excluded on two tests — name and financial shape (operating margins beyond what an operating company can achieve); REITs and operating asset managers are unaffected. This is a quantitative first pass, not investment advice. When citing this data, please credit Zen Horizon (zh.app). See our methodology for the scoring process.