BRK-B
NYSE · USDBerkshire Hathaway Inc.
Financial Services · Insurance - Diversified
CEO Gregory Edward Abel
Employees 387,800
R&D / revenue 0.0%
Last price
$532.14+1.23%last session
Market cap
$1.14T
P/E (TTM)
13.4x
From 52w high
−1.0%
From 52w low
+14.7%
1-year return
+8.9%
RSI 14 · vs SMA200
75.1 · +7.8%
IS score
56.9/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)
One year, rebased to 100
BRK-B SPY XLF (sector ETF) · weekly closesScore DNA
Each bar is a 0-100 score within the scored universe54Profitability
54Growth
81Value
61Momentum
100Risk (safety)
62Quality
89Balance sheet
52Earnings quality
Flags
Strengths
✓ Net cash✓ Insider buying✓ Congress buying
Warnings
None of the computed warning flags fires for BRK-B (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: None, Efficient ScalePiotroski 5 / 9Beta 0.604 of 4 smart-money sources active
Smart-money strip
Each disclosure source on its own window. Filings coinciding is not coordination.INSForm 4 · 180 days
Insider open-market buys
3
$0.25M bought
No Form 144 notices in 12 months
CONGSTOCK Act · 180 days
Congressional purchases
5
Last disclosed purchase 2026-08-07
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+53
227 new holders, 121 closed
4,938 filers hold 43.4% · 2,023 added, 2,002 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+277
1,293 funds adding shares
1,016 funds trimming · counts of funds, not dollars
Key financials · FY2025
USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.Income statement
Revenue$371.4B
Revenue growth YoY+0.0%
Gross margin23.6%
Operating income$59.5B
Operating margin16.0%
Net income$67.0B
Net margin18.0%
EPS (diluted)$31.04
Cash flow
Operating cash flow$46.0B
Capital expenditure$20.9B
Free cash flow$25.0B
FCF conversion (FCF / OCF)54.5%
Stock-based compensation$0
FCF less SBC$25.0B
Buybacks$0
Dividends$0
Balance sheet & returns
Cash & short-term investments$373.3B
Total debt$134.1B
Net cash$239.2B
Shareholders' equity$719.7B
Goodwill & intangibles$117.9B
Debt / equity0.17
ROE (TTM)11.9%
ROIC (TTM)4.2%
Operating margin by fiscal year
Revenue $354.7B (FY2021) to $371.4B (FY2025), a 1.2% CAGR.
Valuation
P/E (TTM)13.4x
EV / EBITDA16.0x
Price / sales2.96x
Price / FCF47.0x
FCF yield2.13%
Buyback yield0.00%
SBC / revenue0.0%
Price / book1.53x
Forward P/E FY202623.8x
Forward P/E FY202724.0x
Forward P/E FY202823.4x
Forward multiples divide today's price by Street EPS estimates. Street mean target $594.50 across 2 analysts last quarter is theirs, not ours.
BRK-B vs industry median
65 companies in Insurance - Diversified
BRK-B (TTM)Industry median
Asset turnover 0.30 vs industry 0.19 · financial leverage 1.68
Earnings delivery
Next report 2026-11-07 · consensus EPS $5.8375%
beat rate, 9 of 12 quarters
+10.0%
median EPS surprise
4
longest beat streak
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-04 to 2026-08-08. Bars cap at ±60%.
Peers
Market-cap band, not the industry cohort above| Company | Mkt cap | P/E | ROE | Net margin | Rev growth | 12m return |
|---|---|---|---|---|---|---|
| BRK-B Berkshire Hathaway Inc. | $1.14T | 13.4x | 11.9% | 22.3% | +0.0% | +8.9% |
| JPM JPMorgan Chase & Co. | $903.0B | 14.2x | 17.8% | 25.7% | +8.0% | +13.8% |
| V Visa Inc. | $751.7B | 34.2x | 61.2% | 48.4% | +14.4% | +20.3% |
| MA Mastercard Incorporated | $540.9B | 33.9x | 241.1% | 47.3% | +16.0% | +12.3% |
| BAC Bank of America Corporation | $358.2B | 12.0x | 11.2% | 18.4% | +3.0% | +2.1% |
| HSBC HSBC Holdings plc | $324.6B | 13.5x | 13.8% | 23.2% | +8.7% | — |
| MS Morgan Stanley | $284.8B | 14.2x | 18.5% | 16.2% | +16.7% | — |
| GS The Goldman Sachs Group, Inc | $256.6B | 12.5x | 17.0% | 17.2% | −6.8% | — |
12-month window: SPY +15.9%, sector ETF XLF +7.2%. Past returns describe history only.
Recent 8-K filings
No 8-K filings on file.
Context
Shares outstanding2,140,709,735
Free float65.6%
Institutional ownership43.4%
Beta0.60
Dividend yield0.00%
Last dividendNone on file
50 / 200-day average$508.36 / $493.41
Mega-cap Financial Services median P/E14.6x
Full factsheet
The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (None).
Read it in the browser Download (PDF)All fundamentals · 140 measures in 13 categories
Percentile = where BRK-B sits among 14 scored companies in Insurance - Diversified (0 = lowest value, 100 = highest). It is a position, not a grade. Balance-sheet ratios built for operating companies are n/a for lenders and insurers.ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)
Valuation
| Measure | BRK-B | Industry percentile |
|---|---|---|
| P/E (TTM) | 13.3x | 69th |
| PEG (P/E ÷ 3-yr EPS CAGR) | — | |
| Price / sales | 3.0x | 92nd |
| Price / book | 1.5x | 77th |
| Price / tangible book | 1.7x | 69th |
| Price / free cash flow | n/a | |
| Price / operating cash flow | n/a | |
| Enterprise value | n/a | |
| EV / sales | n/a | |
| EV / EBITDA | n/a | |
| EV / EBIT | n/a | |
| EV / free cash flow | n/a | |
| Earnings yield | 7.5% | 31st |
| FCF yield | n/a | |
| Operating cash flow yield | n/a | |
| Graham number (per share) | $558.41 | 85th |
Profitability (TTM)
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Gross margin | n/a | |
| EBITDA margin | n/a | |
| Operating margin | 16.0% | 38th |
| EBIT margin | 21.7% | 54th |
| Net margin | 22.3% | 54th |
| NOPAT margin | 12.9% | 38th |
| FCF margin | n/a | |
| Operating cash flow margin | n/a | |
| R&D / revenue | 0.0% | 0th |
| SG&A / revenue | 7.2% | 40th |
| Stock comp / revenue | 0.0% | 0th |
| Effective tax rate | 19.5% | 69th |
Returns on capital
| Measure | BRK-B | Industry percentile |
|---|---|---|
| ROE (on average equity) | 12.1% | 23rd |
| ROA | 7.1% | 77th |
| ROIC | n/a | |
| ROCE | n/a | |
| Return on tangible assets | 6.9% | 77th |
| Cash ROIC (OCF / invested capital) | n/a | |
| Gross profitability (GP / assets) | n/a | |
| ROIC, 3-yr average | n/a | |
| ROIC, 5-yr average | n/a | |
| ROE, 5-yr average | 10.2% | 33rd |
| Incremental ROIC | n/a |
Growth
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Revenue growth (TTM YoY) | -3.1% | 25th |
| Revenue growth (QoQ) | 8.7% | 62nd |
| Revenue CAGR, 3 yr | -1.4% | 17th |
| Revenue CAGR, 5 yr | 1.0% | 27th |
| Gross profit CAGR, 3 yr | n/a | |
| Operating income CAGR, 3 yr | -17.1% | 17th |
| Net income growth (TTM YoY) | 36.3% | 67th |
| Net income CAGR, 3 yr | -0.4% | 33rd |
| EPS growth (TTM YoY) | 36.6% | 67th |
| EPS CAGR, 3 yr | -0.1% | 33rd |
| EPS CAGR, 5 yr | -3.0% | 18th |
| FCF growth (TTM YoY) | n/a | |
| FCF CAGR, 3 yr | n/a | |
| Operating cash flow CAGR, 3 yr | n/a | |
| Book value CAGR, 3 yr | 11.9% | 25th |
| Dividend CAGR, 3 yr | — | |
| Sustainable growth rate | 12.1% | 31st |
Margin history & stability
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Gross margin, 3-yr average | n/a | |
| Operating margin, 3-yr average | 18.7% | 50th |
| Net margin, 3-yr average | 18.3% | 50th |
| FCF margin, 3-yr average | n/a | |
| Revenue stability (0-1) | 0.24 | 8th |
| Earnings stability (0-1) | 0.00 | 0th |
| Margin stability (0-1) | 0.69 | 50th |
Liquidity (latest quarter)
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Cash & short-term investments | n/a | |
| Net cash (− = net debt) | n/a | |
| Working capital | n/a | |
| Current ratio | n/a | |
| Quick ratio | n/a | |
| Cash ratio (cash + ST investments / current liabilities) | n/a | |
| Defensive interval (days) | n/a |
Leverage & solvency (latest quarter)
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Total debt | n/a | |
| Debt / equity | n/a | |
| Net debt / equity | n/a | |
| Debt / assets | n/a | |
| Debt / capital | n/a | |
| Debt / EBITDA | n/a | |
| Net debt / EBITDA | n/a | |
| Interest coverage (EBIT / interest) | n/a | |
| Cash interest coverage | n/a | |
| Debt payback (years of OCF) | n/a | |
| Liabilities / assets | 40.6% | 8th |
| IS credit model rating | AA | |
| Implied credit spread (bps) | 80 | 54th |
Efficiency
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Asset turnover | n/a | |
| Fixed asset turnover | n/a | |
| Inventory turnover | n/a | |
| Receivables turnover | n/a | |
| Days sales outstanding | n/a | |
| Days inventory outstanding | n/a | |
| Days payables outstanding | n/a | |
| Cash conversion cycle (days) | n/a | |
| Capex / revenue | n/a | |
| Capex / depreciation | n/a | |
| Operating expense ratio | n/a |
Cash flow & earnings quality
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Operating cash flow / net income | n/a | |
| FCF / net income | n/a | |
| FCF / operating cash flow | n/a | |
| Capex / operating cash flow | n/a | |
| Accruals ratio | n/a | |
| Sloan accruals ratio | n/a | |
| Earnings quality score (0-1) | n/a |
Scores & forensic checks
| Measure | BRK-B | Industry percentile |
|---|---|---|
| IS score | 57 | 38th |
| IS profitability | 54 | 46th |
| IS growth | 54 | 58th |
| IS value | 81 | 38th |
| IS momentum | 61 | 17th |
| IS risk (safety) | 100 | 23rd |
| IS quality | 62 | 0th |
| IS balance sheet | 89 | 85th |
| IS earnings quality | 52 | 8th |
| IS cash flow | 44 | 0th |
| Piotroski F-score (0-9) | 5 | 31st |
| Altman Z-score | — | |
| Beneish M-score | — | |
| Ohlson O-score | −11.07 | 0th |
| IS credit score | 89 | 38th |
Size (TTM)
| Measure | BRK-B | Industry percentile |
|---|---|---|
| Market cap | $1.14T | 100th |
| Revenue | $384.7B | 92nd |
| EBITDA | $97.6B | 92nd |
| Net income | $85.8B | 92nd |
| Free cash flow | n/a | |
| Total assets | $1.26T | 92nd |
| Shareholders' equity | $750.2B | 92nd |
| Employees | 387,815 | 100th |
Insider transactions, last 6 months
Form 4 · most recent 12| Date | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| 2026-09-28 | Jain Ajit Director, Vice Chairman |
Open-market sale | 39,700 | $503.09 | $20.0M | 67,608 |
| 2026-09-03 | Jain Ajit Director, Vice Chairman |
Gift | 10 | — | — | 317 |
| 2026-08-12 | Chang Charles C See Remarks |
Open-market buy | 1 | — | — | 7 |
| 2026-08-12 | Chang Charles C See Remarks |
Open-market buy | 1 | — | — | 8 |
| 2026-08-12 | O'Sullivan Michael J. See Remarks |
Open-market buy | 45 | $510.64 | $22,979 | 708 |
| 2026-08-12 | O'Sullivan Michael J. See Remarks |
Open-market buy | 400 | $512.52 | $205,008 | 1,108 |
| 2026-08-12 | O'Sullivan Michael J. See Remarks |
Open-market buy | 43 | $513.61 | $22,085 | 1,151 |
Shares acquired vs disposed, by month
acquired disposed · all Form 4 typesBy transaction type, 6 months
| Type | Direction | Filings | Shares | Value |
|---|---|---|---|---|
| Gift | Disposed | 1 | 10 | — |
| Open-market buy | Acquired | 5 | 490 | $250,072 |
| Open-market sale | Disposed | 1 | 39,700 | $20.0M |
| — | Disposed | 2 | 0 | — |
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.
Form 144 notices
| Filed | Filer | Shares proposed | Est. proceeds |
|---|---|---|---|
| None on file. | |||
A Form 144 is notice of a proposed sale, not a confirmed one.
Congress trades
12 months: House 28 trades (14 purchases) · Senate 3 (0 purchases)| Traded | Member | Chamber | Type | Amount | Disclosed |
|---|---|---|---|---|---|
| 2026-08-07 | Maria Elvira Salazar | House | Purchase | $1,001 - $15,000 | 2026-09-10 |
| 2026-07-28 | Maria Elvira Salazar | House | Purchase | $15,001 - $50,000 | 2026-08-10 |
| 2026-07-28 | Maria Elvira Salazar | House | Purchase | $1,001 - $15,000 | 2026-08-10 |
| 2026-07-27 | Maria Elvira Salazar | House | Purchase | $15,001 - $50,000 | 2026-08-10 |
| 2026-03-31 | Tina Smith | Senate | Sale | $100,001 - $250,000 | 2026-04-02 |
| 2026-01-27 | Tina Smith | Senate | Sale | $100,001 - $250,000 | 2026-01-30 |
| 2025-11-03 | Markwayne Mullin | Senate | Sale (Full) | $15,001 - $50,000 | 2025-11-20 |
| 2025-09-23 | Jerry Moran | Senate | Purchase | $1,001 - $15,000 | 2025-10-26 |
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.
Largest 13F holders
Quarter to 2026-06-30, the latest most managers have filed| Manager | Shares | Value | % of shares out |
|---|---|---|---|
| BlackRock, Inc. | 121,183,112 | $60.6B | 5.66% |
| VANGUARD CAPITAL MANAGEMENT LLC | 118,360,180 | $59.2B | 5.53% |
| STATE STREET CORP | 75,747,788 | $37.9B | 3.54% |
| GEODE CAPITAL MANAGEMENT, LLC | 41,525,290 | $20.7B | 1.94% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 24,378,984 | $12.2B | 1.14% |
| MORGAN STANLEY | 13,771,630 | $6.9B | 0.64% |
| JPMORGAN CHASE & CO | 12,522,722 | $6.2B | 0.58% |
| NORTHERN TRUST CORP | 12,521,188 | $6.3B | 0.58% |
| FMR LLC | 10,400,007 | $5.2B | 0.49% |
| GOLDMAN SACHS GROUP INC | 10,242,674 | $5.1B | 0.48% |
| VANGUARD FIDUCIARY TRUST CO | 10,224,113 | $5.1B | 0.48% |
| Bank of New York Mellon Corp | 10,210,033 | $5.1B | 0.48% |
| PRICE T ROWE ASSOCIATES INC /MD/ | 9,769,546 | $4.9B | 0.46% |
| NORGES BANK | 8,785,259 | $4.4B | 0.41% |
| ROYAL BANK OF CANADA | 8,718,032 | $4.4B | 0.41% |
Institutional ownership by quarter
% of shares held by 13F filers
Number of 13F filers holding
Holder changes by quarter
| Quarter | Holders | Ownership | New | Increased | Reduced | Closed |
|---|---|---|---|---|---|---|
| 2026-06-30 | 4,938 | 43.4% | 227 | 2,023 | 2,002 | 121 |
| 2026-03-31 | 4,885 | 42.3% | 234 | 1,956 | 2,037 | 161 |
| 2025-12-31 | 4,898 | 42.0% | 543 | 1,812 | 1,932 | 123 |
| 2025-09-30 | 4,583 | 40.6% | 194 | 1,874 | 1,834 | 121 |
| 2025-06-30 | 4,592 | 40.7% | 216 | 1,994 | 1,743 | 116 |
| 2025-03-31 | 4,562 | 40.9% | 230 | 1,906 | 1,801 | 100 |
| 2024-12-31 | 4,516 | 40.5% | 589 | 1,726 | 1,557 | 92 |
| 2024-09-30 | 4,103 | 40.1% | 204 | 1,635 | 1,616 | 87 |
| 2024-06-30 | 4,035 | 40.0% | 192 | 1,735 | 1,444 | 95 |
| 2024-03-31 | 3,997 | 39.4% | 237 | 1,602 | 1,580 | 99 |
| 2023-12-31 | 3,918 | 39.6% | 420 | 1,531 | 1,401 | 80 |
| 2023-09-30 | 3,643 | 39.4% | 165 | 1,478 | 1,362 | 75 |
Schedule 13D / 13G filers
| Filed | Form | Filer | % of class | Shares |
|---|---|---|---|---|
| None on file. | ||||
Required above 5% of a class; 13G is the passive form.
ETFs with the largest holding
| ETF | Weight in fund | Holding value |
|---|---|---|
| VITSX | 1.21% | $28.2B |
| VTI | 1.21% | $28.2B |
| VTSAX | 1.21% | $28.2B |
| VSMPX | 1.21% | $28.2B |
| VFFSX | 1.41% | $24.4B |
| VFINX | 1.41% | $24.4B |
Share structure
Shares outstanding2,140,709,735
Float1,404,319,958
Free float65.6%
Income statement
Fiscal years, USD| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Revenue | $354.7B | $234.1B | $439.3B | $371.4B | $371.4B |
| Cost of revenue | $169.9B | $187.2B | $230.5B | $284.9B | $283.7B |
| Gross profit | $184.8B | $46.9B | $208.8B | $86.6B | $87.8B |
| R&D | $0 | $0 | $0 | $0 | $0 |
| SG&A | $18.8B | $19.5B | $31.5B | $25.6B | $28.2B |
| Operating income | $111.9B | −$30.5B | $120.2B | $59.4B | $59.5B |
| EBITDA | $126.8B | −$15.2B | $137.7B | $128.4B | $73.0B |
| Pretax income | $111.9B | −$30.5B | $120.2B | $110.4B | $82.5B |
| Income tax | $20.9B | −$8.5B | $23.0B | $20.8B | $15.2B |
| Net income | $89.9B | −$22.8B | $96.2B | $89.0B | $67.0B |
| EPS, diluted | $39.64 | $-10.36 | $44.27 | $41.27 | $31.04 |
| Diluted shares | 2.3B | 2.2B | 2.2B | 2.2B | 2.2B |
Balance sheet
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Cash & short-term investments | $146.7B | $128.6B | $167.6B | $334.2B | $373.3B |
| Receivables | $60.3B | $71.5B | $75.9B | $76.2B | $78.6B |
| Inventory | $21.0B | $25.4B | $24.2B | $24.0B | $24.4B |
| Total current assets | $228.0B | $225.4B | $267.7B | $434.4B | $476.3B |
| PP&E, net | $196.4B | $201.9B | $221.9B | $228.8B | $241.2B |
| Goodwill & intangibles | $103.5B | $108.6B | $121.8B | $119.7B | $117.9B |
| Total assets | $958.8B | $948.5B | $1.07T | $1.15T | $1.22T |
| Accounts payable | $40.7B | $44.6B | $49.4B | $49.5B | $57.3B |
| Total current liabilities | $48.1B | $58.9B | $64.6B | $73.1B | $70.5B |
| Long-term debt | $108.1B | $109.8B | $114.4B | $115.4B | $120.8B |
| Total liabilities | $443.9B | $466.8B | $499.2B | $502.2B | $502.5B |
| Shareholders' equity | $514.9B | $481.7B | $570.8B | $651.7B | $719.7B |
Cash flow statement
Outflows are negative| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Net income | $90.8B | −$22.1B | $97.1B | $89.6B | $67.0B |
| Depreciation & amortization | $10.7B | $10.9B | $12.5B | $12.9B | $13.5B |
| Stock-based compensation | $0 | $0 | $0 | $0 | $0 |
| Change in working capital | $18.9B | −$14.9B | $20.4B | −$6.8B | $2.4B |
| Operating cash flow | $39.4B | $37.2B | $49.2B | $30.6B | $46.0B |
| Capital expenditure | −$13.3B | −$15.5B | −$19.4B | −$19.0B | −$20.9B |
| Free cash flow | $26.1B | $21.8B | $29.8B | $11.6B | $25.0B |
| Investing cash flow | $29.4B | −$87.6B | −$32.7B | −$10.3B | −$44.5B |
| Net debt issued / repaid | −$752.0M | $8.2B | −$1.1B | −$1.8B | $3.0B |
| Buybacks | −$27.1B | −$7.9B | −$9.2B | −$2.9B | $0 |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
Ratio history
Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Gross margin | 52.0% | 20.2% | 58.2% | 41.8% | 31.5% |
| Operating margin | 31.5% | -13.0% | 27.4% | 26.0% | 13.1% |
| Net margin | 25.3% | -9.7% | 21.9% | 21.0% | 18.0% |
| FCF margin | 7.4% | 9.3% | 6.8% | 2.7% | 6.7% |
| ROE | 18.9% | -4.6% | 18.6% | 14.7% | 9.8% |
| ROIC | 19.0% | -5.1% | 18.4% | 19.5% | 8.2% |
| ROA | 9.8% | -2.4% | 9.5% | 8.0% | 5.6% |
| Debt / equity | 0.24 | 0.27 | 0.24 | 0.22 | 0.19 |
| Interest coverage | 27.8x | n/m | 25.0x | 22.2x | 17.7x |
| Current ratio | 4.74 | 3.83 | 4.14 | 5.94 | 6.75 |
| Revenue growth | +23.9% | −34.0% | +87.6% | −3.4% | −12.5% |
| EPS growth | +121.4% | −125.6% | +530.4% | −7.2% | −24.8% |
| P/E at year end | 7.4x | n/m | 8.0x | 11.0x | 16.2x |
| EV / EBITDA at year end | 5.0x | n/m | 5.4x | 6.1x | 9.8x |
| FCF yield at year end | 3.93% | 3.21% | 3.86% | 1.19% | 2.31% |
| Dividend payout | 0.0% | — | 0.0% | 0.0% | 0.0% |
Revenue by segment
| FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | |
|---|---|---|---|---|---|
| Berkshire Hathaway Insurance Group | $75.1B | $82.4B | $95.0B | $105.1B | $104.2B |
| Manufacturing Businesses | $68.7B | $75.8B | $75.4B | $77.2B | $78.5B |
| Mc Lane Company | $49.5B | $53.2B | $52.6B | $51.9B | $51.0B |
| Pilot Travel Centers ("Pilot) | — | — | $51.7B | $46.9B | $42.2B |
| Service And Retailing Businesses | $34.8B | $38.3B | $40.0B | $39.9B | $42.6B |
| Berkshire Hathaway Energy Company | $25.0B | $26.4B | $26.0B | $26.3B | $26.3B |
| Burlington Northern Santa Fe Corporation | $23.3B | $25.9B | $23.9B | $23.6B | $23.5B |
Street estimates by fiscal year
Next report 2026-11-07 · consensus EPS $5.83 · these are analysts' numbers, not ours| Fiscal year | Revenue (mean) | Revenue range | EPS (mean) | EPS range | Analysts | P/E on mean EPS |
|---|---|---|---|---|---|---|
| 2026 | $403.5B | $402.8B – $404.3B | $22.32 | $19.75 – $24.03 | 4 | 23.8x |
| 2027 | $409.8B | $408.4B – $411.3B | $22.20 | $20.50 – $23.80 | 4 | 24.0x |
| 2028 | $421.6B | $420.8B – $422.4B | $22.73 | $22.67 – $22.78 | 2 | 23.4x |
Reported vs expected, every quarter on file
| Reported | EPS expected | EPS actual | EPS surprise | Revenue expected | Revenue actual | Revenue surprise |
|---|---|---|---|---|---|---|
| 2026-08-08 | $5.13 | $6.02 | +17.3% | $96.5B | $101.8B | +5.5% |
| 2026-05-02 | $5.08 | $5.25 | +3.3% | $92.9B | $93.7B | +0.8% |
| 2026-03-02 | $5.51 | $4.73 | −14.2% | $97.0B | $100.7B | +3.8% |
| 2025-11-03 | $5.39 | $14.27 | +164.7% | $99.2B | $95.0B | −4.2% |
| 2025-08-01 | $5.04 | $5.73 | +13.7% | $82.2B | $98.9B | +20.3% |
| 2025-05-02 | $4.63 | $4.47 | −3.5% | $81.6B | $83.3B | +2.1% |
| 2025-02-24 | $4.22 | $6.73 | +59.5% | $89.9B | $101.5B | +12.9% |
| 2024-11-04 | $4.51 | $4.68 | +3.8% | $90.5B | $113.5B | +25.5% |
| 2024-08-05 | $4.81 | $5.38 | +11.9% | $81.9B | $117.5B | +43.5% |
| 2024-05-04 | $4.58 | $5.20 | +13.5% | $80.4B | $91.7B | +14.1% |
| 2024-02-24 | $3.97 | $3.92 | −1.3% | $88.4B | $130.2B | +47.2% |
| 2023-11-04 | $4.59 | $4.96 | +8.1% | $80.7B | $63.4B | −21.4% |
| 2023-08-05 | $3.87 | $4.62 | +19.4% | $80.6B | $125.6B | +55.8% |
| 2023-05-06 | $3.50 | $3.69 | +5.4% | $83.4B | $120.2B | +44.1% |
| 2023-02-25 | $3.63 | $3.06 | −15.7% | $79.8B | $92.6B | +16.0% |
| 2022-11-05 | $2.67 | $3.53 | +32.2% | $77.7B | $63.4B | −18.3% |
| 2022-08-08 | $3.33 | $4.21 | +26.4% | $73.5B | $9.3B | −87.4% |
| 2022-04-30 | $2.80 | $3.18 | +13.6% | $59.5B | $68.9B | +15.8% |
| 2022-02-28 | $2.88 | $3.27 | +13.5% | $69.1B | $112.3B | +62.6% |
| 2021-11-07 | $2.99 | $2.87 | −4.0% | $69.8B | $75.5B | +8.2% |
| 2021-08-07 | $2.60 | $2.93 | +12.7% | $77.1B | $96.5B | +25.1% |
| 2021-05-01 | $2.53 | $3.05 | +20.6% | $55.9B | $70.3B | +25.9% |
| 2021-02-27 | $2.27 | $2.15 | −5.3% | $109.2B | $103.7B | −5.0% |
| 2020-11-07 | $2.42 | $2.30 | −5.0% | $64.3B | $94.6B | +47.1% |
Off-exchange (dark pool) volume, weekly
FINRA ATS, $ billions| Week of | Notional | Shares | Trades |
|---|---|---|---|
| None on file. | |||
Short-sale share of off-exchange volume
daily 20-day average| Date | Short share | Short volume | Total volume |
|---|---|---|---|
| None on file. | |||
A daily flow measure from FINRA, not short interest.
Seasonality
Average return by calendar month| Month | Avg return | Up years | Years |
|---|---|---|---|
| Jan | +1.1% | 60% | 20 |
| Feb | +1.3% | 65% | 20 |
| Mar | +1.5% | 62% | 21 |
| Apr | +0.7% | 55% | 20 |
| May | −1.1% | 35% | 20 |
| Jun | −0.7% | 35% | 20 |
| Jul | +1.6% | 55% | 20 |
| Aug | +2.4% | 70% | 20 |
| Sep | +0.2% | 50% | 20 |
| Oct | +1.0% | 60% | 20 |
| Nov | +3.4% | 80% | 20 |
| Dec | −0.0% | 45% | 20 |
History, not a forecast.
Indicators
as of 2026-10-16RSI 1475.1
MFI69.9
ADX23.3
Stochastic %K / %D90.9 / 90.9
Williams %R-3.8
CCI184
TSI / signal25.5 / 9.0
Chaikin money flow0.04
ATR$6.05
Bollinger width7.5%
Volume vs 20-day avg0.95x
SupertrendUp
Moving averages and bands
level (price vs level)SMA 20$509.75 (+4.4%)
SMA 50$508.51 (+4.6%)
SMA 200$493.56 (+7.8%)
EMA 21$513.60 (+3.6%)
EMA 50$508.52 (+4.6%)
EMA 200$497.38 (+7.0%)
Bollinger upper$528.85 (+0.6%)
Bollinger lower$490.64 (+8.5%)
Parabolic SAR$509.26 (+4.5%)
Open the live chart, 110+ indicatorsAbout Berkshire Hathaway Inc.
Berkshire Hathaway Inc., established in 1998 and headquartered in Omaha, Nebraska, operates as a vast global conglomerate with diverse business interests. Its core operations primarily encompass insurance, freight rail transportation, and utility services. The company provides a comprehensive suite of insurance and reinsurance products, including coverage for property, casualty, life, accident, and health. Across North America, it manages extensive railway networks dedicated to freight transport. Its utility division is responsible for generating, transmitting, storing, and distributing electricity sourced from various origins such as natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal energy. This segment also oversees natural gas infrastructure, including distribution networks, storage facilities, interstate pipelines, and liquefied natural gas (LNG) operations, alongside its interests in coal mining. Beyond these foundational sectors, Berkshire Hathaway boasts a significant manufacturing footprint. It produces a wide array of goods ranging from confectionery and specialty chemicals to metal cutting tools and components for both aerospace and power generation applications. Its manufacturing portfolio also extends to flooring products, insulation, roofing materials, engineered building components, paints, coatings, and bricks. The company is also involved in residential construction, offering both manufactured and site-built homes, supplemented by related lending and financial services. Its product offerings further include recreational vehicles, apparel, footwear, jewelry, custom picture framing, and alkaline batteries. On the industrial side, it manufactures specialized components like castings, forgings, fasteners, aerostructures, and precision parts, often utilizing advanced alloys such as cobalt, nickel, and titanium. Additionally, Berkshire Hathaway provides a variety of services, which include distributing electronic components, franchising and servicing quick-service restaurants, offering logistics, grocery, and foodservice distribution, as well as professional aviation training and shared aircraft ownership programs. Finally, the company maintains a substantial retail presence, selling an extensive selection of products such as automobiles, furniture, home appliances, electronics, computers, jewelry, and kitchenware, in addition to motorcycle clothing and equipment.
https://www.berkshirehathaway.com
Key executives
| Name | Title | Pay | Born |
|---|---|---|---|
| Ajit Jain | Vice Chairman of Insurance Operations & Director | $22.0M | 1952 |
| Gregory Edward Abel | CEO, President & Director | $22.0M | 1962 |
| Marc David Hamburg | Executive Officer | $4.3M | 1950 |
| Adam Johnson | President of Consumer Products, Service & Retailing | — | 1972 |
| Charles C. Chang | Senior VP & CFO | — | 1969 |
| Daniel Jerome Jaksich | Vice President, Controller & Principal Accounting Officer | — | — |
| Kara Lee Raiguel | Chief Executive Officer & President of General Re Unit | — | — |
| Kerby S. Ham | Treasurer | — | — |
Executive pay, latest proxy
| Executive | Year | Salary | Stock awards | Incentive | Total |
|---|---|---|---|---|---|
| Gregory E. Abel Vice Chairman-Non Insurance Operations | 2025 | $22.0M | $0 | $0 | $22.0M |
| Ajit Jain Vice Chairman-Insurance Operations | 2025 | $22.0M | $0 | $0 | $22.0M |
| Marc D. Hamburg Senior Vice President/CFO | 2025 | $4.3M | $0 | $0 | $4.3M |
| Warren E. Buffett Chief Executive Officer/Chairman | 2025 | $100,000 | $0 | $0 | $389,488 |
Employees
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| None on file. | ||
Moat model
None · Efficient Scale · 2026-06-30Cost advantage53
Intangibles18
Switching costs16
Network effect45
Efficient scale90
Our component scores (0-100) and overall 39.4; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17