Berkshire Hathaway Inc (BRK-A)

Berkshire Hathaway Inc., together with its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses. The company provides property, casualty, life, accident, and health insurance and reinsurance; operates railroad systems in North America; generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. It manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; prefabricated and site-built residential homes, flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. In addition, the company provides recreational vehicles, apparel, footwear, toys, jewelry, custom picture framing products, alkaline batteries, logistics services, and professional aviation training and shared aircraft ownership programs; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Further, it distributes televisions and information, and grocery and non-food consumer products; franchises and services quick service restaurants; and distributes electronic components. Additionally, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and floor coverings; watches, home decor and repair services; sells kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.

Symbol
BRK-A
Exchange
NYSE
Sector
Financial Services
Industry
Insurance - Diversified
Market cap
$1.10T
52 week range
698000 - 806103

Valuation

Share price
$765020.00 (close of 2026-09-23)
P/E (TTM)
12.82x
Price to book
1.46x
Price to free cash flow
45.23x
Enterprise value
$1.18T
Book value per share
$523978.95

Price performance

PeriodChange
1 day+1.71%
5 days-1.14%
1 month+2.89%
3 months+3.69%
6 months+6.25%
Year to date+1.35%
1 year+3.42%
3 years+40.06%
5 years+82.85%
10 years+251.33%

Profitability and growth

Return on equity
9.30%
Return on assets
5.48%
Net margin
27.09%
EBITDA margin
40.73%
Revenue growth
-0.99%
Net income growth
-24.75%
Free cash flow growth
115.58%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.21%
Net debt to EBITDA
0.69x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$247.24B
EBITDA
$100.71B
Net income
$66.97B
Earnings per share
$46563.00
Interest expense
$5.07B
Shares outstanding
1.44M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$247.24B$66.97B$46563.00
2024-12-31$249.71B$89.00B$61900.00
2023-12-31$254.91B$96.22B$66412.00
2022-12-31$207.77B$-22.76B$-15535.00
2021-12-31$191.25B$89.94B$59460.00
2020-12-31$166.73B$42.52B$26668.00
2019-12-31$176.51B$81.42B$49828.00
2018-12-31$175.44B$4.02B$2446.00
2017-12-31$239.93B$44.94B$27326.00
2016-12-31$215.11B$24.07B$14645.00

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3127.09%9.30%
2024-12-3135.64%13.66%
2023-12-3137.75%16.96%
2022-12-31-10.95%-4.72%
2021-12-3147.03%17.62%
2020-12-3125.50%9.56%
2019-12-3146.13%19.00%
2018-12-312.29%1.14%
2017-12-3118.73%12.77%
2016-12-3111.19%8.43%

Cash and debt by year

Period endCash
2025-12-31$52.57B
2024-12-31$48.38B
2023-12-31$38.64B
2022-12-31$36.40B
2021-12-31$88.71B
2020-12-31$48.40B
2019-12-31$64.63B
2018-12-31$30.81B
2017-12-31$31.58B
2016-12-31$28.05B

Free cash flow by year

Period endFree cash flow
2025-12-31$25.04B
2024-12-31$11.62B
2023-12-31$29.79B
2022-12-31$21.89B
2021-12-31$26.15B
2020-12-31$26.76B
2019-12-31$22.71B
2018-12-31$22.86B
2017-12-31$34.02B
2016-12-31$19.69B

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-05-01--
2025-08-01--
2025-05-02--
2025-02-24--
2024-11-04--
2024-08-03--
2024-05-04--
2024-02-24--

Filings and sources

Company website
berkshirehathaway.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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