BRK/B

Berkshire Hathaway
D

BRK/B

Arincen57/100B

If you had invested in Berkshire Hathaway ago, it would be worth $3,779 today, against $4,081 in SPY and $6,291 in QQQ.

ArincenArincen ScoreBeta

57/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation2.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders—

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Berkshire Hathaway key facts

Style
Value stock · 5.7/10Growth 1.0 · Value 5.7
Day range
590.26 – 595.06
52-week range
464.01 – 596.92
Market capitalization
1.26T USD
P/E
0.01
EPS
53,746.00
EPS growth forecast (FY2026)
-21.3%
Volume
201,820
Beta
0.59
ESG score
49.8/100Environment 49 · Social 49 · Governance 51
Sector
Financial Services
Industry
Insurance - Diversified
CEO
Gregory Edward Abel
Employees
388K
IPO date
9 May 1996

Berkshire Hathaway earnings

Next earnings · Q4 FY2026
EPS estimate
5.38 USD
Revenue estimate
105.18B USD
Last quarter · Q3 FY2026
EPS10.33Beat +74.8%Revenue105.65BBeat +4.6%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q4 FY20265.38——+13.74%105.18B——+4.48%
Q3 FY20265.9110.33+74.79%-27.66%100.96B105.65B+4.64%+11.24%
Q2 FY20265.136.02+17.35%+16.44%96.52B101.81B+5.48%+10.04%
Q1 FY20265.085.25+3.35%+17.45%92.91B93.68B+0.82%+12.47%
Q4 FY20255.514.73-14.16%-29.82%96.98B100.67B+3.81%+6.06%
Q3 FY20255.7214.28+149.65%+205.13%95.62B94.97B-0.68%+2.13%
Q2 FY20255.015.17+3.19%-3.90%91.96B92.52B+0.60%-1.22%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Berkshire Hathaway analyst forecast

12-month price target
628.00 USD
+5.88%

Analysts' 1-year price targets range from 628.00 to 628.00, with an average of 628.00.

Past year
1-year forecast
Strong sellStrong buy
Buy
1 ratings
Buy
1
Hold
0
Sell
0

12-month price target

Highest target628.00
Average target628.00
Lowest target628.00
Current price593.13

Berkshire Hathaway valuation

Price to earnings ratio (TTM)
0.01
Forward P/E (FY2026)
26.29
Price to sales (TTM)
3.19
Price to book
1.66
EV / EBITDA (TTM)
11.44

Capital structure

Market capitalization
1.26T USD
+
Total debt
130.78B USD
−
Cash and short-term investments
377.44B USD
=
Enterprise value
1.01T USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2027 (est.)25.98————
FY2026 (est.)26.2925.98———
Now (TTM)0.0126.023.191.6611.44
FY20250.0122.290.000.001.16
FY20240.0121.120.000.001.16
FY20230.0118.010.000.001.58
FY2022-0.0217.880.000.001.76
FY20210.0111.830.000.000.69

Berkshire Hathaway against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: JPMorgan Chase &, Visa, Mastercard, Bank of America, Morgan Stanley, and The Goldman Sachs Group, the US Financial Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median0.0
    0.00.1
  • Gross marginHighest in 5 years23.6%
    19.5%23.6%
    Against its peers: 7 of 7Peers' median 58.5%
  • Operating marginAbove its median15.9%
    12.7%16.0%
    Against its peers: 7 of 7Peers' median 22.8%
  • Net marginBelow its median18.0%
    -7.5%32.6%
    Against its peers: 4 of 7Peers' median 18.2%
  • Return on equityBelow its median9.3%
    -4.8%17.8%
    Against its peers: 7 of 7Peers' median 15.4%
  • Free cash flow marginBelow its median6.7%
    3.1%9.5%
    Against its peers: 3 of 7Peers' median -5.7%
  • Revenue growthLowest in 5 years0.0%
    0.0%20.7%
    Against its peers: 5 of 7Peers' median 7.4%
  • EPS growthBelow its median-24.8%
    -126.0%123.3%
    Against its peers: 7 of 7Peers' median 19.4%
  • Debt to EBITDABelow its median1.87×
    1.81×2.61×
    Against its peers: 3 of 7Peers' median 10.36×
  • Current ratioHighest in 5 years7.25
    4.557.25
    Against its peers: 1 of 7Peers' median 0.90

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Berkshire Hathaway growth and profitability

Revenue (TTM)
395.36B USD
Net income (TTM)
77.08B USD
Gross margin
22.90%
Operating margin
15.54%
Net margin
19.50%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY2025371.44B+0.00%66.97B-24.75%23.63%15.85%18.03%72.36B+0.09%
FY2024371.43B+1.91%89.00B-7.51%23.31%16.00%23.96%72.29B+19.27%
FY2023364.48B+20.68%96.22B—19.46%13.20%26.40%60.61B+15.48%
FY2022302.02B+9.39%-22.76B-125.31%19.67%13.77%-7.54%52.49B+14.75%
FY2021276.09B+12.46%89.94B+111.51%19.98%12.68%32.57%45.74B+12.74%

Berkshire Hathaway revenue breakdown

By product

FY2025
Berkshire Hathaway Insurance Group: 28.3%Manufacturing Businesses: 21.3%Mc Lane Company: 13.8%Service And Retailing Businesses: 11.6%Pilot Travel Centers ("Pilot): 11.5%Berkshire Hathaway Energy Company: 7.1%Burlington Northern Santa Fe Corporation: 6.4%28.3%Berkshire Hathaway Insurance Group21.3%Manufacturing Businesses13.8%Mc Lane Company11.6%Service And Retailing Businesses11.5%Pilot Travel Centers ("Pilot)7.1%Berkshire Hathaway Energy Company6.4%Burlington Northern Santa Fe Corporation
SegmentRevenueShare of revenueChange on the year
Berkshire Hathaway Insurance Group104.21B28.3%-0.8%
Manufacturing Businesses78.49B21.3%+1.6%
Mc Lane Company51.00B13.8%-1.8%
Service And Retailing Businesses42.65B11.6%+7.0%
Pilot Travel Centers ("Pilot)42.20B11.5%-10.0%
Berkshire Hathaway Energy Company26.30B7.1%-0.2%
Burlington Northern Santa Fe Corporation23.53B6.4%-0.2%

How Berkshire Hathaway makes its money

Berkshire Hathaway Insurance Group104.21B 28.1%
Manufacturing Businesses78.49B 21.1%
Mc Lane Company51.00B 13.7%
Service And Retailing Businesses42.65B 11.5%
Pilot Travel Centers ("Pilot)42.20B 11.4%
Berkshire Hathaway Energy Company26.30B 7.1%
Burlington Northern Santa Fe Corporation23.53B 6.3%
Revenue371.44B 100.0%
Cost of revenue283.67B 76.4%
Gross profit87.78B 23.6%
Selling and administration28.90B 7.8%
Operating income58.88B 15.9%
Tax15.20B 4.1%
Net income66.97B 18.0%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Berkshire Hathaway financial health

Cash and short-term investments
377.44B USD
Total debt
130.78B USD
Net cash
246.65B USD
Free cash flow (TTM)
22.77B USD
Current ratio
5.64
Debt to equity
0.17
Piotroski score
4 / 9
Altman Z-score
3.15

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025373.31B135.37B25.04B
FY2024334.20B130.76B11.62B
FY2023167.64B133.57B29.79B
FY2022128.59B127.68B21.76B
FY2021146.72B119.25B26.15B

Berkshire Hathaway ownership

Institutions
43.30%
Institutional holders
5,056 (+67)
Free float
66.10%

Who owns the shares

Institutions 43.3% Others 56.7%
As of 30 Jun 2026

Shares free to trade

Free float 1.40B shares ·66.1% Closely held 720.20M shares ·33.9%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 20265112.00M12.05M
Q2 20262038.04K38.05K
Q1 202618021.0024.00
Q4 2025002.70M2.70M

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY20251.44M1.44M0.00%
FY20241.44M1.44M-0.76%
FY20231.45M1.45M-1.36%
FY20221.47M1.47M-2.72%
FY20211.51M1.51M-5.27%

Source: Financial Modeling PrepVerified against SEC filings

Signals
buy
BRK/B
BRK/BBerkshire Hathaway @487.55
2025-10-27 11:46
BRK/B@487.55 Chart
Profit
3,122.50
USD
12.81%
buy
BRK/B
BRK/BBerkshire Hathaway @484.67
2025-10-28 13:24
BRK/B@484.67 Chart
Profit
794.50
USD
3.28%
buy
BRK/B
BRK/BBerkshire Hathaway @478.59
2025-10-31 10:08
BRK/B@478.59 Chart
Profit
608.50
USD
2.54%
sara abdelazim
sara abdelazim
3 years ago
sell
BRK/B
BRK/BBerkshire Hathaway @354.01
2023-08-17 09:40
BRK/B@354.01 Chart
Profit
46.00
USD
0.26%
More
Related Instruments

Title: Berkshire Hathaway

Sector: Financial Services
Industry: Insurance - Diversified
Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from its operations to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up its manufacturing, service, and retailing operations (which include Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.

Common questions about Berkshire Hathaway stock