Berkshire Hathaway Inc. (“Berkshire,” “Company” or “Registrant”) is a holding company owning subsidiaries engaged in numerous diverse business activities. The most important of these are insurance businesses, conducted on both a primary basis and a reinsurance basis, a freight rail transportation business and a group of utility and energy generation and distribution businesses. Berkshire also owns and operates numerous other businesses engaged in a variety of manufacturing, services and retailing activities. Berkshire is domiciled in the state of Delaware, and its corporate headquarters is in Omaha, Nebraska. Berkshire’s operating subsidiaries are managed on an unusually decentralized basis. There are few centralized or integrated business functions. Berkshire’s Chief Executive Officer is ultimately responsible for significant capital allocation decisions and investment activities.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Other Retail and Wholesale Distribution | $18.89B | $20.13B | $70.78B | $64.86B | $60.60B | 25% |
Service | $35.06B | $37.42B | $36.05B | $35.94B | $36.88B | 15% |
Grocery and Convenience Store Distribution | $31.25B | $32.60B | $31.52B | $31.84B | $30.70B | 12% |
Industrial and Commercial | $22.34B | $24.77B | $28.30B | $29.12B | $30.34B | 12% |
Electricity and Natural Gas | $18.26B | $20.32B | $20.65B | $20.99B | $21.34B | 9% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 371.4B | 371.4B | 371.4B | 364.5B | 302.0B | 276.2B |
| Net Income | 67.0B | 67.0B | 89.0B | 96.2B | -22.8B | 89.8B |
| EPS | $46,563.00 | $46,563.00 | $61,900.00 | $66,412.00 | $-15,494.00 | $59,460.00 |
| Free Cash Flow | 25.0B | 25.0B | 11.6B | 29.8B | 21.9B | 26.1B |
| ROIC | 8.6% | 9.8% | 13.7% | 17.1% | -4.8% | 17.7% |
| Gross Margin | 55.7% | 55.7% | 54.9% | 52.5% | 58.8% | 58.7% |
| Debt/Equity | 0.12 | 0.12 | 0.12 | 0.14 | 0.16 | 0.15 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 82.5B | 82.5B | 110.4B | 120.2B | -30.5B | 111.7B |
| Operating Margin | 22.2% | 22.2% | 29.7% | 33.0% | -10.1% | 40.4% |
| ROE | 9.3% | 9.8% | 13.7% | 17.1% | -4.8% | 17.7% |
| Shares Outstanding | 0M | - | - | - | - | - |
BERKSHIRE HATHAWAY INC passes 5 of 9 quality checks, suggesting mixed fundamentals.
BERKSHIRE HATHAWAY INC trades at 0.0x trailing earnings, compared to its 15-year median P/E of 0.0x, suggesting it is currently Fair relative to its historical range. The company's 5-year average ROIC is 10.7% with a gross margin of 56.1%. At current prices, the estimated annualized return to fair value is +17.6%.
BERKSHIRE HATHAWAY INC (BRK-B) has a current P/E ratio of 0.0, compared to its historical median P/E of 0.0. The stock is currently considered Fair based on its historical valuation range.
BERKSHIRE HATHAWAY INC (BRK-B) has a 5-year average return on invested capital (ROIC) of 10.7%. This indicates solid capital allocation.
BERKSHIRE HATHAWAY INC (BRK-B) does not currently pay a regular dividend.
Based on historical P/E analysis, BERKSHIRE HATHAWAY INC (BRK-B) appears fair. The current P/E of 0.0 is 40% above its historical median of 0.0. The estimated fair value CAGR (P/E method) is 17.6%.
BERKSHIRE HATHAWAY INC (BRK-B) operates in the Fire, Marine & Casualty Insurance industry, within the Financials sector.
BERKSHIRE HATHAWAY INC (BRK-B) reported annual revenue of $371.4 billion in its most recent fiscal year, based on SEC EDGAR filings.
BERKSHIRE HATHAWAY INC (BRK-B) has a net profit margin of 18.0%. This is a healthy margin.
BERKSHIRE HATHAWAY INC (BRK-B) generated $25.0 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
BERKSHIRE HATHAWAY INC (BRK-B) has a debt-to-equity ratio of 0.12. This indicates a conservatively financed balance sheet.
BERKSHIRE HATHAWAY INC (BRK-B) reported earnings per share (EPS) of $46563.00 in its most recent fiscal year.
BERKSHIRE HATHAWAY INC (BRK-B) has a return on equity (ROE) of 9.8%. This indicates moderate shareholder returns.
BERKSHIRE HATHAWAY INC (BRK-B) has a 5-year average gross margin of 56.1%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 19 years of financial data for BERKSHIRE HATHAWAY INC (BRK-B), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.