Berkshire Hathaway Inc. (BRK-B) Earnings History
Annual and quarterly earnings data from 1990 to 2025
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BRK-B EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
BRK-B Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 23.6% | 15.9% | 18.0% |
| 2024 | 23.3% | 16.0% | 24.0% |
| 2023 | 19.5% | 13.2% | 26.4% |
| 2022 | 19.7% | 13.8% | -7.5% |
| 2021 | 20.0% | 12.7% | 32.6% |
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Berkshire Hathaway Inc. (BRK-B) Earnings Overview
As of May 6, 2026, Berkshire Hathaway Inc. (BRK-B) reported trailing twelve-month net income of $72.54B, reflecting -24.8% year-over-year growth. The company earned $33.63 per diluted share over the past four quarters, with a net profit margin of 18.0%.
Looking at the long-term picture, BRK-B's 5-year EPS compound annual growth rate (CAGR) stands at +11.8%, showing solid earnings momentum. The company achieved its highest annual net income of $96.22B in fiscal 2023.
Berkshire Hathaway Inc. maintains industry-leading profitability with a gross margin of 23.6%, operating margin of 15.9%, and net margin of 18.0%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including MKL ($1.77B net income, 12.7% margin), LRE ($1.12B net income, 3.3% margin), GLRE ($81M net income, 10.7% margin), BRK-B has outperformed on profitability metrics. Compare BRK-B vs MKL →
BRK-B Earnings vs Peers
Earnings metrics vs comparable public companies
BRK-B Historical Earnings Data (1990–2025)
36 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $66.97B | -24.8% | $58.88B | $31.04 | 18.0% | 15.9% |
| 2024 | $89.00B | -7.5% | $59.44B | $41.27 | 24.0% | 16.0% |
| 2023 | $96.22B | +522.8% | $48.12B | $44.27 | 26.4% | 13.2% |
| 2022 | -$22.76B | -125.3% | $41.59B | $-10.36 | -7.5% | 13.8% |
| 2021 | $89.94B | +111.5% | $35.02B | $39.64 | 32.6% | 12.7% |
| 2020 | $42.52B | -47.8% | $29.98B | $17.78 | 17.3% | 12.2% |
| 2019 | $81.42B | +1924.8% | $32.68B | $33.22 | 32.0% | 12.8% |
| 2018 | $4.02B | -91.1% | $32.11B | $1.63 | 1.6% | 13.0% |
| 2017 | $44.94B | +86.7% | $24.07B | $18.22 | 18.7% | 10.0% |
| 2016 | $24.07B | -0.0% | $28.02B | $9.76 | 11.2% | 13.0% |
Full BRK-B Stock Analysis
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Start ComparisonBRK-B — Frequently Asked Questions
Quick answers to the most common questions about buying BRK-B stock.
Is BRK-B growing earnings?
BRK-B EPS fell to $33.63, with earnings declining -24.8%. This contrasts with the 5-year CAGR of +11.8%. TTM net income dropped to $72.5B.
What are BRK-B's profit margins?
Berkshire Hathaway Inc. net margin is +18.0%, with operating margin at +15.9%. Above-average margins indicate pricing power.
How consistent are BRK-B's earnings?
BRK-B earnings data spans 1990-2025. The declining earnings trend is -24.8% YoY. Historical data enables comparison across business cycles.