8-K Announcements
6Apr 16, 2026·SEC
Mar 5, 2026·SEC
Mar 2, 2026·SEC
Berkshire Hathaway Inc. (BRK-A) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Berkshire Hathaway Inc. (BRK-A) stock price & volume — 10-year historical chart
Berkshire Hathaway Inc. (BRK-A) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Berkshire Hathaway Inc. (BRK-A) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 2, 2026 | $7878.30vs $7611.35+3.5% | $93.7Bvs $92.9B+0.8% |
| Q2 2026 | Mar 2, 2026 | $7089.43vs $8259.23-14.2% | $100.7Bvs $97.0B+3.8% |
| Q1 2026 | Feb 28, 2026 | $7089.43vs $8259.23-14.2% | $94.2Bvs $97.0B-2.8% |
| Q4 2025 | Oct 31, 2025 | $9378.93vs $8573.50+9.4% | $95.0Bvs $95.6B-0.7% |
Berkshire Hathaway Inc. (BRK-A) competitors in Commercial and specialty P&C insurers — business model, growth, and fundamentals comparison
Berkshire Hathaway Inc. (BRK-A) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Berkshire Hathaway Inc. (BRK-A) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 244.36B | 245.86B | 257.24B | 245.51B | 276.09B | 302.02B | 364.48B | 371.43B | 371.44B | 375.39B |
| Revenue Growth % | 9.2% | 0.62% | 4.63% | -4.56% | 12.46% | 9.39% | 20.68% | 1.91% | 0% | 1.11% |
| Medical Costs & Claims | 158.85B | 151.69B | 156.48B | 196.73B | 220.93B | 242.63B | 293.54B | 284.86B | 283.67B | 285.55B |
| Medical Cost Ratio % | 65.01% | 61.7% | 60.83% | 80.13% | 80.02% | 80.33% | 80.54% | 76.69% | 76.37% | 76.07% |
| Gross Profit | 85.5B▲ 0% | 94.17B▲ 10.1% | 100.75B▲ 7.0% | 48.78B▼ 51.6% | 55.16B▲ 13.1% | 59.39B▲ 7.7% | 70.95B▲ 19.4% | 86.58B▲ 22.0% | 87.78B▲ 1.4% | 89.84B▲ 0% |
| Gross Margin % | 34.99% | 38.3% | 39.17% | 19.87% | 19.98% | 19.67% | 19.46% | 23.31% | 23.63% | 23.93% |
| Gross Profit Growth % | -4.86% | 10.14% | 6.99% | -51.58% | 13.08% | 7.67% | 19.45% | 22.03% | 1.38% | - |
| Operating Expenses | 64.68B | 88.01B | -765M | 18.81B | 20.14B | 17.81B | 22.82B | 27.14B | 28.89B | 32.47B |
| OpEx / Revenue % | 26.47% | 35.79% | -0.3% | 7.66% | 7.3% | 5.9% | 6.26% | 7.31% | 7.78% | 8.65% |
| Depreciation & Amortization | 9.19B | 9.78B | 10.06B | 10.6B | 10.72B | 10.9B | 12.49B | 12.86B | 13.48B | 13.72B |
| Combined Ratio % | 91.48% | 97.49% | 60.53% | 87.79% | 87.32% | 86.23% | 86.8% | 84% | 84.15% | 84.72% |
| Operating Income | 20.82B▲ 0% | 6.17B▼ 70.4% | 101.52B▲ 1545.9% | 29.98B▼ 70.5% | 35.02B▲ 16.8% | 41.59B▲ 18.8% | 48.12B▲ 15.7% | 59.44B▲ 23.5% | 58.88B▼ 0.9% | 57.38B▲ 0% |
| Operating Margin % | 8.52% | 2.51% | 39.47% | 12.21% | 12.68% | 13.77% | 13.2% | 16% | 15.85% | 15.28% |
| Operating Income Growth % | -36.04% | -70.38% | 1545.91% | -70.47% | 16.83% | 18.75% | 15.72% | 23.51% | -0.94% | - |
| EBITDA | 30.01B | 15.95B | 111.58B | 40.57B | 45.74B | 52.49B | 60.61B | 72.29B | 72.36B | 71.1B |
| EBITDA Margin % | 12.28% | 6.49% | 43.38% | 16.53% | 16.57% | 17.38% | 16.63% | 19.46% | 19.48% | 18.94% |
| Interest Expense | 4.39B | 3.85B | 3.96B | 4.08B | 4.17B | 4.35B | 5B | 5.2B | 5.07B | 4.18B |
| Non-Operating Income | -7.4B | -1.69B | -5.14B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pretax Income | 23.84B▲ 0% | 4B▼ 83.2% | 102.7B▲ 2466.8% | 55.69B▼ 45.8% | 111.86B▲ 100.9% | -30.5B▼ 127.3% | 120.17B▲ 494.0% | 110.38B▼ 8.1% | 82.46B▼ 25.3% | 89.63B▲ 0% |
| Pretax Margin % | 9.76% | 1.63% | 39.92% | 22.68% | 40.52% | -10.1% | 32.97% | 29.72% | 22.2% | 23.88% |
| Income Tax | -21.52B | -321M | 20.9B | 12.44B | 20.91B | -8.5B | 23.02B | 20.82B | 15.2B | 16.86B |
| Effective Tax Rate % | -90.26% | -8.02% | 20.36% | 22.34% | 18.69% | 27.88% | 19.16% | 18.86% | 18.43% | 18.81% |
| Net Income | 44.94B▲ 0% | 4.02B▼ 91.1% | 81.42B▲ 1924.8% | 42.52B▼ 47.8% | 89.94B▲ 111.5% | -22.76B▼ 125.3% | 96.22B▲ 522.8% | 89B▼ 7.5% | 66.97B▼ 24.8% | 72.47B▲ 0% |
| Net Margin % | 18.39% | 1.64% | 31.65% | 17.32% | 32.57% | -7.54% | 26.4% | 23.96% | 18.03% | 19.31% |
| Net Income Growth % | 86.67% | -91.05% | 1924.79% | -47.77% | 111.51% | -125.31% | 522.79% | -7.51% | -24.75% | -10.41% |
| EPS (Diluted) | 27330.00▲ 0% | 2445.00▼ 91.1% | 49830.00▲ 1938.0% | 17.78▼ 100.0% | 39.64▲ 122.9% | -10.36▼ 126.1% | 44.27▲ 527.3% | 41.27▼ 6.8% | 31.04▼ 24.8% | 33.60▲ 0% |
| EPS Growth % | 86.68% | -91.05% | 1938.04% | -99.96% | 122.95% | -126.14% | 527.32% | -6.78% | -24.79% | -10.47% |
| EPS (Basic) | 27330.00 | 2445.00 | 49830.00 | 17.78 | 39.64 | -10.36 | 44.27 | 41.27 | 31.04 | - |
| Diluted Shares Outstanding | 1.65M | 1.64M | 1.63M | 2.39B | 2.27B | 2.2B | 2.17B | 2.16B | 2.16B | 2.16B |
Berkshire Hathaway Inc. (BRK-A) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 702.1B | 707.79B | 817.73B | 873.73B | 958.78B | 948.47B | 1.07T | 1.15T | 1.22T | 1.25T |
| Asset Growth % | 13.09% | 0.81% | 15.53% | 6.85% | 9.73% | -1.08% | 12.81% | 7.84% | 5.92% | 25.28% |
| Total Investment Assets | 297.29B | 292.11B | 348.64B | 409.18B | 443.91B | 455.92B | 537.24B | 604.56B | 657.84B | 4M |
| Long-Term Investments | 212.92B | 209.98B | 284.22B | 318.88B | 383.2B | 361.97B | 406.67B | 318.09B | 336.4B | 1.3T |
| Short-Term Investments | 84.37B | 81.51B | 63.82B | 90.3B | 58.53B | 92.77B | 129.62B | 286.47B | 321.43B | 339.26B |
| Total Current Assets | 174.47B | 182.45B | 201.21B | 194.03B | 227.99B | 225.44B | 267.74B | 407.45B | 476.29B | 504.77B |
| Cash & Equivalents | 31.58B | 30.36B | 64.17B | 47.99B | 88.18B | 35.81B | 38.02B | 47.73B | 51.88B | 58.12B |
| Receivables | 42.33B | 51.51B | 53.36B | 27.97B | 60.32B | 71.49B | 75.94B | 37.15B | 78.55B | 293.62B |
| Other Current Assets | 0 | 0 | 0 | 8.56B | 0 | 0 | 0 | 12.09B | 0 | 30.1B |
| Goodwill & Intangibles | 114.44B | 113.17B | 113.53B | 104.42B | 102.36B | 107.31B | 120.51B | 119.65B | 117.92B | 474.44B |
| Goodwill | 81.26B | 81.03B | 81.88B | 73.73B | 73.88B | 78.12B | 84.63B | 83.88B | 83.07B | 83.18B |
| Intangible Assets | 33.18B | 32.15B | 31.65B | 30.68B | 28.49B | 29.19B | 35.88B | 35.77B | 34.84B | 34.27B |
| PP&E (Net) | 158.22B | 166.71B | 174.34B | 192.6B | 191.28B | 196.97B | 216.59B | 228.77B | 241.18B | 241.74B |
| Other Assets | 42.05B | 35.49B | 44.43B | 63.81B | 53.95B | 56.78B | 58.47B | 79.92B | 50.39B | 62.65B |
| Total Liabilities | 350.14B | 355.29B | 389.17B | 422.39B | 443.85B | 466.78B | 499.21B | 502.23B | 502.47B | 522.82B |
| Total Debt | 102.59B | 97.49B | 109.25B | 122.36B | 119.25B | 127.68B | 133.57B | 130.76B | 138.95B | 128.89B |
| Net Debt | 71B | 67.13B | 45.08B | 74.37B | 31.07B | 91.87B | 95.55B | 83.03B | 87.08B | 70.76B |
| Long-Term Debt | 96.27B | 93.12B | 98.68B | 113.55B | 111.91B | 120.31B | 122.94B | 115.4B | 120.83B | 0 |
| Short-Term Debt | 6.32B | 4.37B | 4.69B | 3.35B | 2.35B | 2.43B | 5.33B | 9.37B | 13.27B | 128.89B |
| Total Current Liabilities | 44.82B | 44.88B | 44.44B | 45.63B | 45.23B | 49.54B | 56.99B | 75.65B | 70.54B | 434.14B |
| Accounts Payable | 35.82B | 37.08B | 36.36B | 39.98B | 40.7B | 44.63B | 49.35B | 49.48B | 57.27B | 58.22B |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 2.68B | 3.44B | 2.02B | 958M | 940M | 1.19B | 878M | 15.31B | 0 | 229.81B |
| Deferred Taxes | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 0 | 1000K | 346.02B |
| Other Liabilities | 209.05B | 217.29B | 241.53B | 259.09B | 170.14B | 188.44B | 192.77B | 306.67B | 187.96B | 0 |
| Total Equity | 351.95B▲ 0% | 352.5B▲ 0.2% | 428.56B▲ 21.6% | 451.34B▲ 5.3% | 514.93B▲ 14.1% | 481.68B▼ 6.5% | 570.77B▲ 18.5% | 651.65B▲ 14.2% | 719.7B▲ 10.4% | 729.45B▲ 0% |
| Equity Growth % | 23.31% | 0.16% | 21.58% | 5.31% | 14.09% | -6.46% | 18.5% | 14.17% | 10.44% | 42.62% |
| Shareholders Equity | 348.3B | 348.7B | 424.79B | 443.16B | 506.2B | 473.42B | 561.27B | 649.37B | 717.42B | 727.18B |
| Minority Interest | 3.66B | 3.8B | 3.77B | 8.17B | 8.73B | 8.26B | 9.5B | 2.29B | 2.28B | 2.27B |
| Retained Earnings | 255.79B | 321.11B | 402.49B | 444.63B | 534.42B | 511.13B | 607.35B | 696.22B | 763.19B | 773.29B |
| Common Stock | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M | 8M |
| Accumulated OCI | 58.57B | -5.01B | -5.24B | -4.24B | -4.03B | -5.05B | -3.76B | -3.58B | -2.45B | -2.51B |
| Return on Equity (ROE) | 14.1% | 1.14% | 20.85% | 9.66% | 18.62% | -4.57% | 18.29% | 14.56% | 9.77% | 10.28% |
| Return on Assets (ROA) | 6.79% | 0.57% | 10.67% | 5.03% | 9.82% | -2.39% | 9.53% | 8% | 5.64% | 5.96% |
| Equity / Assets | 50.13% | 49.8% | 52.41% | 51.66% | 53.71% | 50.79% | 53.34% | 56.48% | 58.89% | 58.25% |
| Debt / Equity | 0.29x | 0.28x | 0.25x | 0.27x | 0.23x | 0.27x | 0.23x | 0.20x | 0.19x | 0.19x |
| Book Value per Share | 213953.80 | 214416.06 | 262278.46 | 188.71 | 227.32 | 218.62 | 262.63 | 302.17 | 333.61 | 338.15 |
| Tangible BV per Share | 144385.41 | 145576.03 | 192799.88 | 145.05 | 182.13 | 169.91 | 207.18 | 246.69 | 278.95 | 283.70 |
Berkshire Hathaway Inc. (BRK-A) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 45.78B | 37.4B | 38.69B | 39.77B | 39.42B | 37.22B | 49.2B | 30.59B | 45.97B | 45.97B |
| Operating CF Growth % | 40.7% | -18.3% | 3.44% | 2.81% | -0.89% | -5.57% | 32.16% | -37.82% | 50.26% | 776.86% |
| Operating CF / Revenue % | 18.73% | 15.21% | 15.04% | 16.2% | 14.28% | 12.33% | 13.5% | 8.24% | 12.38% | 12.25% |
| Net Income | 45.35B | 4.32B | 81.79B | 43.25B | 90.81B | -22.06B | 97.15B | 89.56B | 66.97B | 72.47B |
| Depreciation & Amortization | 9.19B | 9.78B | 10.06B | 10.6B | 10.72B | 10.9B | 12.49B | 12.86B | 13.48B | 13.72B |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -952M | 25.11B | -72.38B | -29.64B | -80.97B | 63.3B | -80.88B | -65.04B | -36.83B | -44.89B |
| Working Capital Changes | -7.81B | -1.81B | 19.21B | 15.57B | 18.87B | -14.92B | 20.44B | -6.78B | 2.35B | 4.2B |
| Cash from Investing | -41.09B | -32.85B | -5.62B | -37.76B | 29.39B | -87.6B | -32.66B | -10.29B | -44.49B | -32.39B |
| Capital Expenditures | -11.71B | -14.54B | -15.98B | -13.01B | -13.28B | -15.46B | -19.41B | -18.98B | -20.93B | -21.63B |
| Acquisitions | -2.71B | -3.28B | -1.68B | -2.53B | -456M | -10.59B | -8.6B | -396M | -1.07B | -10.76B |
| Purchase of Investments | -178.82B | -185.05B | -154.76B | -238.59B | -161.09B | -251.85B | -251.47B | -536.08B | -603.05B | -457.08B |
| Sale/Maturity of Investments | 155.57B | 171.52B | 168.03B | 220.34B | 203.44B | 190.07B | 246.13B | 545.36B | 579.41B | 429.83B |
| Other Investing | -3.42B | -1.5B | -1.23B | -3.96B | 770M | 239M | 685M | -195M | 1.16B | 27.26B |
| Cash from Financing | -1.4B | -5.81B | 730M | -18.34B | -28.51B | -1.66B | -14.4B | -10.36B | 2.23B | 2.35B |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -1.35B | -4.85B | -24.71B | -27.06B | -7.85B | -9.17B | -2.92B | 0 | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | -1000K | -1000K | 1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 1000K | 1000K |
| Other Financing | -121M | -343M | -497M | -429M | -695M | -1.98B | -4.15B | -5.62B | -793M | -476M |
| Net Change in Cash | 3.54B▲ 0% | -1.4B▼ 139.6% | 33.82B▲ 2514.1% | -16.24B▼ 148.0% | 40.31B▲ 348.3% | -52.31B▼ 229.8% | 2.24B▲ 104.3% | 9.73B▲ 333.7% | 4.15B▼ 57.4% | 15.94B▲ 0% |
| Exchange Rate Effect | 248M | -140M | 25M | 92M | 5M | -268M | 116M | -212M | 433M | 474M |
| Cash at Beginning | 28.05B | 32.21B | 30.81B | 64.63B | 48.4B | 88.71B | 36.4B | 38.64B | 47.73B | 52.57B |
| Cash at End | 31.58B | 30.81B | 64.63B | 48.4B | 88.71B | 36.4B | 38.64B | 48.38B | 51.88B | 58.81B |
| Free Cash Flow | 34.07B▲ 0% | 22.86B▼ 32.9% | 22.71B▼ 0.7% | 26.76B▲ 17.8% | 26.14B▼ 2.3% | 21.76B▼ 16.8% | 29.79B▲ 36.9% | 11.62B▼ 61.0% | 25.04B▲ 115.6% | 23.87B▲ 0% |
| FCF Growth % | 73.98% | -32.89% | -0.68% | 17.85% | -2.3% | -16.77% | 36.89% | -61% | 115.58% | 97.86% |
| FCF Margin % | 13.94% | 9.3% | 8.83% | 10.9% | 9.47% | 7.2% | 8.17% | 3.13% | 6.74% | 6.36% |
| FCF per Share | 20.71K | 13.91K | 13.9K | 11.19 | 11.54 | 9.88 | 13.71 | 5.39 | 11.61 | 11.61 |
Berkshire Hathaway Inc. (BRK-A) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 91.48% | 97.49% | 60.53% | 87.79% | 87.32% | 86.23% | 86.8% | 84% | 84.15% | 84.72% |
| Medical Cost Ratio | 65.01% | 61.7% | 60.83% | 80.13% | 80.02% | 80.33% | 80.54% | 76.69% | 76.37% | 76.07% |
| Return on Equity (ROE) | 14.1% | 1.14% | 20.85% | 9.66% | 18.62% | -4.57% | 18.29% | 14.56% | 9.77% | 10.28% |
| Return on Assets (ROA) | 6.79% | 0.57% | 10.67% | 5.03% | 9.82% | -2.39% | 9.53% | 8% | 5.64% | 5.96% |
| Equity / Assets | 50.13% | 49.8% | 52.41% | 51.66% | 53.71% | 50.79% | 53.34% | 56.48% | 58.89% | 58.25% |
| Book Value / Share | 213.95K | 214.42K | 262.28K | 188.71 | 227.32 | 218.62 | 262.63 | 302.17 | 333.61 | 338.15 |
| Debt / Equity | 0.29x | 0.28x | 0.25x | 0.27x | 0.23x | 0.27x | 0.23x | 0.20x | 0.19x | 0.19x |
| Revenue Growth | 9.2% | 0.62% | 4.63% | -4.56% | 12.46% | 9.39% | 20.68% | 1.91% | 0% | 1.11% |
Berkshire Hathaway Inc. (BRK-A) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 16, 2026·SEC
Mar 5, 2026·SEC
Mar 2, 2026·SEC
Berkshire Hathaway Inc. (BRK-A) stock FAQ — growth, dividends, profitability & financials explained
Berkshire Hathaway Inc. (BRK-A) grew revenue by 0.0% over the past year. Growth has been modest.
Yes, Berkshire Hathaway Inc. (BRK-A) is profitable, generating $72.47B in net income for fiscal year 2025 (18.0% net margin).
Berkshire Hathaway Inc. (BRK-A) has a return on equity (ROE) of 9.8%. This is below average, suggesting room for improvement.
Berkshire Hathaway Inc. (BRK-A) has a combined ratio of 84.1%. A ratio below 100% indicates underwriting profitability.
Berkshire Hathaway Inc. (BRK-A) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates