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. market "US", market cap "Mega ≥$200B", No report yet 필터 적용: 40 match(필터 지우기).

#	종목	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	Visa Inc. Class A V · 미국	$684B	95/100 최상위	35.7%low 18.2%	10 yr+	0.1×	81%	—	FY2025
2	KLA Corporation KLAC · 미국	$239B	93/100 최상위	55.9%low 44.2%	10 yr+	0.2×	61%	—	FY2026
3	ASML Holding NV ADR ASML · 미국	$626B	92/100 최상위	36.5%low 15.9%	10 yr+	Net cash	49%	—	FY2025
4	Applied Materials Inc AMAT · 미국	$403B	92/100 최상위	38.9%low 23.8%	10 yr+	Net cash	46%	—	FY2025
5	Microsoft Corporation MSFT · 미국	$3.5T	91/100 최상위	34.6%low 20.0%	10 yr+	0.1×	68%	—	FY2026
6	Lam Research Corp LRCX · 미국	$367B	90/100 최상위	48.3%low 24.3%	10 yr+	Net cash	47%	—	FY2026
7	American Express Company AXP · 미국	$227B	89/100 최상위	27.8%low 13.6%	10 yr+	0.3×	87%	—	FY2025
8	Cisco Systems Inc CSCO · 미국	$457B	87/100 최상위	22.4%low 0.3%	10 yr+	0.3×	63%	—	FY2025
9	Costco Wholesale Corp COST · 미국	$422B	87/100 최상위	25.4%low 19.5%	10 yr+	Net cash	13%	—	FY2025
10	Mastercard Inc MA · 미국	$502B	86/100 최상위	60.0%low 60.0%	10 yr+	1.0×	77%	—	FY2025
11	Alphabet Inc Class C GOOG · 미국	$4.4T	85/100 최상위	21.7%low 8.3%	10 yr+	Net cash	57%	—	FY2025
12	UnitedHealth Group Incorporated UNH · 미국	$376B	84/100 최상위	21.4%low 12.8%	10 yr+	0.5×	23%	—	FY2025
13	Procter & Gamble Company PG · 미국	$335B	84/100 최상위	26.6%low 8.3%	10 yr+	0.4×	50%	—	FY2026
14	Apple Inc. AAPL · 미국	$4.5T	83/100 최상위	54.7%low 35.6%	10 yr+	0.8×	41%	—	FY2025
15	Johnson & Johnson JNJ · 미국	$618B	82/100 최상위	25.5%low 2.2%	10 yr+	0.3×	69%	—	FY2025
16	Texas Instruments Incorporated TXN · 미국	$252B	82/100 최상위	46.2%low 28.4%	10 yr+	0.6×	63%	—	FY2025
17	The Coca-Cola Company KO · 미국	$377B	79/100 우수	36.8%low 7.3%	10 yr+	1.0×	61%	—	FY2025
18	The Home Depot Inc HD · 미국	$337B	78/100 우수	60.0%low 60.0%	10 yr+	5.0×	34%	—	FY2026
19	SAP SE ADR SAP · 미국	$231B	77/100 우수	12.6%low 5.7%	10 yr+	Net cash	71%	—	FY2025
20	Philip Morris International Inc PM · 미국	$297B	76/100 우수	49.2%^‡low 24.0%	10 yr+	—	60%	—	FY2025
21	Netflix Inc NFLX · 미국	$299B	74/100 우수	25.2%low 7.0%	10 yr+	0.2×	40%	—	FY2025
22	AbbVie Inc ABBV · 미국	$443B	73/100 우수	54.6%low 35.2%	10 yr+	—	71%	—	FY2025
23	Merck & Company Inc MRK · 미국	$307B	71/100 우수	24.4%low 1.0%	10 yr+	0.7×	70%	—	FY2025
24	International Business Machines IBM · 미국	$211B	71/100 우수	34.1%low 7.5%	10 yr+	1.6×	52%	—	FY2025
25	Walmart Inc. WMT · 미국	$885B	69/100 우수	16.0%low 8.4%	10 yr+	0.6×	25%	—	FY2026
26	Thermo Fisher Scientific Inc TMO · 미국	$213B	69/100 우수	13.3%low 8.8%	10 yr+	0.5×	44%	—	FY2025
27	Morgan Stanley MS · 미국	$331B	68/100 우수	11.1%low 7.9%	10 yr+	Net cash	77%	—	FY2025
28	Amgen Inc AMGN · 미국	$208B	67/100 우수	51.4%low 7.8%	10 yr+	5.3×	76%	—	FY2025
29	Oracle Corporation ORCL · 미국	$374B	65/100 우수	46.3%low 7.8%	10 yr+	2.9×	76%	—	FY2026
30	Siemens AG ADR SIEGY · 미국	$249B	63/100 보통	13.4%low 7.6%	10 yr+	0.6×	35%	—	FY2025
31	Caterpillar Inc CAT · 미국	$375B	60/100 보통	34.1%low -0.5%	9 yr	1.6×	31%	—	FY2025
32	Arm Holdings plc American Depositary Shares ARM · 미국	$256B	59/100 보통	11.3%low 5.8%	6 yr	Net cash	92%	—	FY2026
33	Eli Lilly and Company LLY · 미국	$1.0T	58/100 보통	45.5%low -1.8%	8 yr	1.3×	78%	—	FY2025
34	Dell Technologies Inc DELL · 미국	$262B	57/100 보통	20.6%^‡low -4.7%	7 yr	—	23%	—	FY2026
35	Goldman Sachs Group Inc GS · 미국	$309B	55/100 보통	10.7%low 5.2%	10 yr+	Net cash	65%	—	FY2025
36	Linde plc Ordinary Shares LIN · 미국	$221B	48/100 다소 약함	13.9%low 4.7%	10 yr+	0.6×	32%	—	FY2025
37	RTX Corporation RTX · 미국	$290B	38/100 다소 약함	9.2%low -4.9%	5 yr	0.5×	21%	—	FY2025
38	Shell PLC ADR SHEL · 미국	$252B	27/100 약함	7.9%low -14.0%	5 yr	0.4×	11%	—	FY2025
39	Micron Technology Inc MU · 미국	$927B	23/100 약함	12.8%low -13.2%	2 yr	0.1×	33%	—	FY2025
40	GE Aerospace GE · 미국	$374B	21/100 약함	5.1%low -43.4%	4 yr	0.4×	28%	—	FY2025

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.