Berkshire Hathaway Inc. (BRK-A) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Insurance - Diversified
EV/EBITDA
↑
9999.00
↓-52% vs avg
5yr avg: 20855.32
30Y Low5.4·High50.1
P/FCF
↑
9999.00
↓-84% vs avg
5yr avg: 63507.78
30Y Low7.8·High164.3
P/B Ratio
↑
2092.88
-2% vs avg
5yr avg: 2141.73
30Y Low1.1·High1.9
ROE
↓
9.8%
-14% vs avg
5yr avg: 11.3%
30Y Low-5%·High21%
Debt/EBITDA
↓
1.92
↓-12% vs avg
5yr avg: 2.19
30Y Low0.5·High6.1
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BRK-A Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Berkshire Hathaway Inc. trades at 9999.0x earnings, 38% below its 5-year average of 16110.6x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.3x, the stock trades at a premium of 74947%. On a free-cash-flow basis, the stock trades at 9999.0x P/FCF, 84% below the 5-year average of 63507.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1506.15T | $1628.36T | $1468.46T | $1179.30T | $1032.72T | $1020.87T | $831.87T | $554.9B | $503.1B | $489.6B | $401.3B |
| Enterprise Value | $1506.23T | $1628.44T | $1468.54T | $1179.39T | $1032.81T | $1020.90T | $831.94T | $600.0B | $570.2B | $560.6B | $459.5B |
| P/E Ratio → | 9999.00 | 24317.01 | 16499.15 | 12257.17 | — | 11368.87 | 19562.15 | 6.81 | 125.15 | 10.89 | 16.67 |
| P/S Ratio | 4054.84 | 4383.85 | 3953.49 | 3235.54 | 3419.37 | 3697.55 | 3388.34 | 2.16 | 2.05 | 2.00 | 1.79 |
| P/B Ratio | 2092.88 | 2262.54 | 2253.43 | 2066.15 | 2143.99 | 1982.54 | 1843.13 | 1.29 | 1.43 | 1.39 | 1.41 |
| P/FCF | 9999.00 | 65025.02 | 126416.88 | 39591.02 | 47459.44 | 39046.51 | 31085.17 | 24.44 | 22.00 | 14.37 | 20.50 |
| P/OCF | 9999.00 | 35422.93 | 48001.39 | 23971.42 | 27743.32 | 25896.63 | 20915.45 | 14.34 | 13.45 | 10.69 | 12.34 |
P/E links to full P/E history page with 30-year chart
BRK-A EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Berkshire Hathaway Inc.'s enterprise value stands at 9999.0x EBITDA, 52% below its 5-year average of 20855.3x. The Financial Services sector median is 11.4x, placing the stock at a 87478% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4384.09 | 3953.72 | 3235.81 | 3419.67 | 3697.66 | 3388.64 | 2.33 | 2.32 | 2.29 | 2.05 |
| EV / EBITDA | 9999.00 | 22505.99 | 20314.31 | 19458.73 | 19677.43 | 22320.17 | 20505.89 | 5.38 | 35.76 | 18.68 | 11.08 |
| EV / EBIT | 9999.00 | 27656.99 | 24707.95 | 24507.38 | 24834.31 | 29151.14 | 27754.61 | 5.63 | 72.60 | 19.86 | 12.28 |
| EV / FCF | — | 65028.49 | 126424.03 | 39594.23 | 47463.67 | 39047.70 | 31087.95 | 26.42 | 24.94 | 16.45 | 23.47 |
BRK-A Profitability
Margins and return-on-capital ratios measuring operating efficiency
Berkshire Hathaway Inc. earns an operating margin of 15.9%, below the Financial Services sector average of 21.4%. Operating margins have expanded from 13.2% to 15.9% over the past 3 years, signaling improving operational efficiency. ROE of 9.8% is modest. ROIC of 5.7% represents adequate returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 23.6% | 23.6% | 23.3% | 19.5% | 19.7% | 20.0% | 19.9% | 39.2% | 38.3% | 35.0% | 40.2% |
| Operating Margin | 15.9% | 15.9% | 16.0% | 13.2% | 13.8% | 12.7% | 12.2% | 39.5% | 2.5% | 8.5% | 14.5% |
| Net Profit Margin | 18.0% | 18.0% | 24.0% | 26.4% | -7.5% | 32.6% | 17.3% | 31.7% | 1.6% | 18.4% | 10.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 9.8% | 9.8% | 14.6% | 18.3% | -4.6% | 18.6% | 9.7% | 20.8% | 1.1% | 14.1% | 8.8% |
| ROA | 5.6% | 5.6% | 8.0% | 9.5% | -2.4% | 9.8% | 5.0% | 10.7% | 0.6% | 6.8% | 4.1% |
| ROIC | 5.7% | 5.7% | 6.4% | 5.8% | 5.6% | 4.9% | 4.5% | 17.0% | 1.1% | 4.1% | 8.0% |
| ROCE | 5.3% | 5.3% | 5.7% | 5.0% | 4.6% | 4.0% | 3.7% | 14.1% | 0.9% | 3.4% | 6.0% |
BRK-A Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Berkshire Hathaway Inc. carries a Debt/EBITDA ratio of 1.9x, which is manageable (53% below the sector average of 4.1x). Net debt stands at $87.1B ($139.0B total debt minus $51.9B cash). Interest coverage of 11.6x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.19 | 0.19 | 0.20 | 0.23 | 0.27 | 0.23 | 0.27 | 0.25 | 0.28 | 0.29 | 0.30 |
| Debt / EBITDA | 1.92 | 1.92 | 1.81 | 2.20 | 2.43 | 2.61 | 3.02 | 0.98 | 6.11 | 3.42 | 2.08 |
| Net Debt / Equity | — | 0.12 | 0.13 | 0.17 | 0.19 | 0.06 | 0.16 | 0.11 | 0.19 | 0.20 | 0.20 |
| Net Debt / EBITDA | 1.20 | 1.20 | 1.15 | 1.58 | 1.75 | 0.68 | 1.83 | 0.40 | 4.21 | 2.37 | 1.40 |
| Debt / FCF | — | 3.48 | 7.15 | 3.21 | 4.22 | 1.19 | 2.78 | 1.98 | 2.94 | 2.08 | 2.97 |
| Interest Coverage | 11.62 | 11.62 | 11.43 | 9.62 | 9.56 | 8.39 | 7.34 | 26.93 | 2.04 | 6.44 | 10.00 |
BRK-A Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Berkshire Hathaway Inc.'s current ratio of 6.75x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 6.41x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 4.70x to 6.75x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 6.75 | 6.75 | 5.39 | 4.70 | 4.55 | 5.04 | 4.25 | 4.53 | 4.06 | 3.89 | 3.32 |
| Quick Ratio | 6.41 | 6.41 | 5.07 | 4.27 | 4.04 | 4.58 | 3.83 | 4.08 | 3.64 | 3.53 | 2.96 |
| Cash Ratio | 5.29 | 5.29 | 4.42 | 2.94 | 2.60 | 3.24 | 3.03 | 2.88 | 2.49 | 2.59 | 2.01 |
| Asset Turnover | — | 0.30 | 0.32 | 0.34 | 0.32 | 0.29 | 0.28 | 0.31 | 0.35 | 0.35 | 0.36 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
BRK-A Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Berkshire Hathaway Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 0.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.0% | 0.0% | 0.0% | 0.0% | — | 0.0% | 0.0% | 14.7% | 0.8% | 9.2% | 6.0% |
| FCF Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 4.1% | 4.5% | 7.0% | 4.9% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.9% | 0.3% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.9% | 0.3% | 0.0% | 0.0% |
| Shares Outstanding | — | $2.2B | $2.2B | $2.2B | $2.2B | $2.3B | $2.4B | $2M | $2M | $2M | $2M |
Peer Comparison
Compare BRK-A with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BRK-AYou | $1506.1T | 9999.0 | 9999.0 | 9999.0 | 23.6% | 15.9% | 9.8% | 5.7% | 1.9 |
 MKL | $22B | 10.4 | 7.6 | 8.6 | 69.4% | 16.5% | 11.5% | 10.7% | 1.5 |
 LRE | $18M | 4.4 | 13.1 | — | 15.6% | 4.7% | 18.0% | 4.8% | 11.6 |
 GLRE | $608M | 8.2 | -0.3 | 2.9 | 40.9% | 11.2% | 11.1% | 16.7% | 0.1 |
 AIG | $42B | 14.5 | 6.8 | 12.7 | 34.5% | 14.5% | 7.4% | 5.9% | 1.3 |
 CB | $126B | 12.5 | 10.9 | 8.7 | 29.4% | 21.8% | 13.9% | 10.8% | 1.7 |
 TRV | $65B | 11.0 | 8.7 | — | 44.3% | 16.0% | 20.7% | 15.3% | 1.1 |
 ALL | $56B | 5.7 | 4.6 | 5.7 | 33.2% | 19.8% | 39.6% | 29.8% | 0.5 |
 PGR | $116B | 13.7 | 11.2 | 7.8 | 27.7% | 14.2% | 37.0% | 27.0% | 0.6 |
 GE | $300B | 35.1 | 30.8 | 41.2 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
 HON | $132B | 28.4 | 19.4 | 24.6 | 36.9% | 17.5% | 27.3% | 12.6% | 4.3 |
| Financial Services Median | — | 13.3 | 11.4 | 10.6 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonBRK-A — Frequently Asked Questions
Quick answers to the most common questions about buying BRK-A stock.
What is Berkshire Hathaway Inc.'s P/E ratio?
Berkshire Hathaway Inc.'s current P/E ratio is 9999.0x. The historical average is 25.1x. This places it at the 100th percentile of its historical range.
What is Berkshire Hathaway Inc.'s EV/EBITDA?
Berkshire Hathaway Inc.'s current EV/EBITDA is 9999.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.6x.
What is Berkshire Hathaway Inc.'s ROE?
Berkshire Hathaway Inc.'s return on equity (ROE) is 9.8%. The historical average is 8.9%.
Is BRK-A stock overvalued?
Based on historical data, Berkshire Hathaway Inc. is trading at a P/E of 9999.0x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Berkshire Hathaway Inc.'s profit margins?
Berkshire Hathaway Inc. has 23.6% gross margin and 15.9% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Berkshire Hathaway Inc. have?
Berkshire Hathaway Inc.'s Debt/EBITDA ratio is 1.9x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.