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. Filtré par score tier "Top 90+", market cap "Mega ≥$200B" : 8 match(effacer les filtres).

# Titre Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Étude FY
1 Visa Inc. Class A V · États-Unis $684B
95/100 Élite
35.7%low 18.2% 10 yr+ 0.1× 81% FY2025
2 KLA Corporation KLAC · États-Unis $239B
93/100 Élite
55.9%low 44.2% 10 yr+ 0.2× 61% FY2026
3 Kweichow Moutai Co Ltd 600519 · Shanghai $236B
93/100 Élite
30.8%low 22.9% 10 yr+ Net cash 90% FY2025
4 ASML Holding NV ADR ASML · États-Unis $626B
92/100 Élite
36.5%low 15.9% 10 yr+ Net cash 49% FY2025
5 Applied Materials Inc AMAT · États-Unis $403B
92/100 Élite
38.9%low 23.8% 10 yr+ Net cash 46% FY2025
6 Roche Holding AG ROG · SW $326B
92/100 Élite
39.6%low 26.1% 10 yr+ 0.5× 72% FY2025
7 Microsoft Corporation MSFT · États-Unis $3.5T
91/100 Élite
34.6%low 20.0% 10 yr+ 0.1× 68% FY2026
8 Lam Research Corp LRCX · États-Unis $367B
90/100 Élite
48.3%low 24.3% 10 yr+ Net cash 47% 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.