Berkshire Hathaway Inc (BRK-B)
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-B
- Exchange
- NYSE
- Sector
- Financial Services
- Industry
- Insurance - Diversified
- Market cap
- $1.08T
- 52 week range
- 464.01 - 537.74
Valuation
- Share price
- $500.50 (close of 2026-10-01)
- P/E (TTM)
- 12.58x
- Price to book
- 1.43x
- Price to free cash flow
- 44.42x
- Enterprise value
- $1.16T
- Book value per share
- $348.16
Price performance
| Period | Change |
|---|---|
| 1 day | +0.51% |
| 5 days | -0.93% |
| 1 month | -0.36% |
| 3 months | +0.15% |
| 6 months | +4.60% |
| Year to date | -0.43% |
| 1 year | +0.46% |
| 3 years | +42.88% |
| 5 years | +81.53% |
| 10 years | +246.44% |
| All time | +2057.33% |
Super investors holding BRK-B
Bill Gates (Gates Foundation Trust) · Yacktman Asset Mgmt (Yacktman Asset Management LP) · Li Lu (Himalaya Capital Management LLC) · Thomas Russo (Gardner Russo & Quinn LLC) · Christopher Davis (Davis Selected Advisers) · Ruane Cunniff (Ruane, Cunniff & Goldfarb L.P.) · Christopher Bloomstran (Semper Augustus Investments Grroup LLC) · Wallace Weitz (Weitz Investment Management) · Francois Rochon (Giverny Capital Inc) · Harry Burn (Sound Shore Management) · George Soros (Soros Fund Mgmt) · Tweedy Browne (Tweedy Browne Company LLC)
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)
- 2.25%
- 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
- Interest expense
- $5.07B
Income statement by year
| Period end | Revenue | Net income |
|---|---|---|
| 2025-12-31 | $247.24B | $66.97B |
| 2024-12-31 | $249.71B | $89.00B |
| 2023-12-31 | $254.91B | $96.22B |
| 2022-12-31 | $207.77B | -$22.76B |
| 2021-12-31 | $191.25B | $89.94B |
| 2020-12-31 | $166.73B | $42.52B |
| 2019-12-31 | $176.51B | $81.42B |
| 2018-12-31 | $175.44B | $4.02B |
| 2017-12-31 | $239.93B | $44.94B |
| 2016-12-31 | $215.11B | $24.07B |
Margins and returns by year
| Period end | Net margin | Return on equity |
|---|---|---|
| 2025-12-31 | 27.09% | 9.30% |
| 2024-12-31 | 35.64% | 13.66% |
| 2023-12-31 | 37.75% | 16.96% |
| 2022-12-31 | -10.95% | -4.72% |
| 2021-12-31 | 47.03% | 17.62% |
| 2020-12-31 | 25.50% | 9.56% |
| 2019-12-31 | 46.13% | 19.00% |
| 2018-12-31 | 2.29% | 1.14% |
| 2017-12-31 | 18.73% | 12.77% |
| 2016-12-31 | 11.19% | 8.43% |
Cash and debt by year
| Period end | Cash |
|---|---|
| 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 end | Free 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
| Reported | Fiscal period | EPS 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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Understanding these figures
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