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 "Strong", market cap "Mega ≥$200B", profit streak "≥7 yr": 15 match(clear filters).

# Ticker Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Report FY
1 The Coca-Cola Company KO · US $377B
79/100 Strong
36.8%low 7.3% 10 yr+ 1.0× 61% Coca-Cola Deep Value Investment ResearchMay 25, 2026 · Watch FY2025
2 The Home Depot Inc HD · US $337B
78/100 Strong
60.0%low 60.0% 10 yr+ 5.0× 34% The Home Depot: A Value Investing Deep DiveMay 25, 2026 · Watch FY2026
3 Novartis AG NOVN · SW $306B
78/100 Strong
20.9%low 9.0% 10 yr+ 0.6× 71% Novartis (NVS) Zen Horizon Research ReportJun 8, 2026 · Hold FY2025
4 SAP SE ADR SAP · US $231B
77/100 Strong
12.6%low 5.7% 10 yr+ Net cash 71% SAP: A High-Quality Incumbent Late in Its Cloud Migration, Now Priced for Proof Rather Than PossibilityJun 26, 2026 · Hold FY2025
5 Philip Morris International Inc PM · US $297B
76/100 Strong
49.2%low 24.0% 10 yr+ 60% Philip Morris International: In-Depth Value Investment ResearchMay 25, 2026 · Watch FY2025
6 Netflix Inc NFLX · US $299B
74/100 Strong
25.2%low 7.0% 10 yr+ 0.2× 40% Netflix: A Long-Term Business Owner's PerspectiveMay 22, 2026 · Watch FY2025
7 AbbVie Inc ABBV · US $443B
73/100 Strong
54.6%low 35.2% 10 yr+ 71% AbbVie: In-Depth Research from a Long-Term Business Owner's PerspectiveMay 21, 2026 · Watch FY2025
8 Merck & Company Inc MRK · US $307B
71/100 Strong
24.4%low 1.0% 10 yr+ 0.7× 70% Merck & Co.: KEYTRUDA and QLEX Generated 50.4% of Second-Quarter Revenue While Subcutaneous Sales Rose to 463 Million Dollars Before the 2028 Patent CliffAug 5, 2026 · Hold FY2025
9 International Business Machines IBM · US $211B
71/100 Strong
34.1%low 7.5% 10 yr+ 1.6× 52% IBM Long-Term Owner's Perspective ResearchMay 25, 2026 · Watch FY2025
10 MediaTek Inc 2454 · Taiwan $226B
70/100 Strong
17.2%low 7.4% 10 yr+ Net cash 41% MediaTek (2454.TW) Zen Horizon Framework Deep-Dive ResearchJun 9, 2026 · Watch FY2025
11 Walmart Inc. WMT · US $885B
69/100 Strong
16.0%low 8.4% 10 yr+ 0.6× 25% Walmart Research from a Long-Term Owner's PerspectiveMay 23, 2026 · Watch FY2026
12 Thermo Fisher Scientific Inc TMO · US $213B
69/100 Strong
13.3%low 8.8% 10 yr+ 0.5× 44% Thermo Fisher: A Long-Term Owner's PerspectiveMay 25, 2026 · Watch FY2025
13 Morgan Stanley MS · US $331B
68/100 Strong
11.1%low 7.9% 10 yr+ Net cash 77% Morgan Stanley Deep Value Investment Research ReportMay 25, 2026 · Watch FY2025
14 Amgen Inc AMGN · US $208B
67/100 Strong
51.4%low 7.8% 10 yr+ 5.3× 76% Amgen Inc. Deep-Dive Value Investing AnalysisMay 21, 2026 · Watch FY2025
15 Oracle Corporation ORCL · US $374B
65/100 Strong
46.3%low 7.8% 10 yr+ 2.9× 76% Oracle CorporationJul 28, 2026 · Hold FY2026

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.