Berkshire Hathaway (BRK.B)
Financials · $972B market cap · SEC CIK 0001067983
$503.49
▲+0.29% on the day
close of Sep 22, 2026
59
Screens well
fundamentals score out of 100
fundamentals score out of 100
Next reports on Oct 30, 2026, with analysts expecting $8467.06 in earnings per share.
The case for BRK.B
- Cheap on earnings at 11.3×, well under the market's usual 20×.
- 22% of revenue drops through to net profit.
- Earnings per share up 36.3%.
- A PEG of 0.31: a P/E of 11.3× is low for EPS growing 36%.
- Moves less than the market (beta 0.16).
The case against
- Weakest against its peers: revenue growth of +3.9% is slower than 84% of Financials companies.
- Its weakest area is profitability (44/100): return on equity 12%, net margin 22.3%, gross margin 25%.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 72 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 51 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 44 |
| Momentumhow the price has behaved lately | 52 |
| Stabilityhow violently it moves, what it owes and what it pays you | 88 |
- Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
- Each factor except momentum is half fixed thresholds, half rank among the 74 Financials companies.
Key numbers
| Price / earnings | 11.3× |
|---|---|
| Price / book | 1.44× |
| Price / sales | 2.5× |
| Revenue growth (YoY) | +3.9% |
| EPS growth (YoY) | +36.3% |
| Gross margin | 25% |
| Operating margin | 14% |
| Net margin | 22% |
| Return on equity | 12% |
| Debt / equity | 0.17× |
| Current ratio | 1.23 |
| Dividend yield | none |
| Beta | 0.16 |
| 52-week range | $698,000 – $806,103 |
| Position in that range | n/a |
| 3-month return | +2.5% |
| 1-year return | +1.6% |
Five years of financials, as filed
Pulled from Berkshire Hathaway's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $247B | $250B | $255B | $208B | $191B |
| Net income | $67.0B | $89.0B | $96.2B | -$22.8B | $89.9B |
| Operating cash flow | $46.0B | $30.6B | $49.2B | $37.4B | $39.4B |
| Capital expenditure | $20.9B | $19.0B | $19.4B | $15.5B | $13.3B |
| Total assets | $1.22T | $1.15T | $1.07T | $948B | $959B |
| Total liabilities | $502B | $502B | $499B | $467B | — |
| Shareholder equity | $717B | $649B | $561B | $473B | $506B |
| Cash | $52.6B | $48.4B | $38.6B | $36.4B | $88.7B |
| Free cash flow | $25.0B | $11.6B | $29.8B | $21.9B | $26.2B |
| Net margin | 27.1% | 35.6% | 37.7% | -11.0% | 47.0% |
Risk factors BRK.B lists in its 10-K
- ty Holder Matters and Issuer Purchases of Equity Securities
- Total number of shares purchased as part of publicly announced program
- Maximum number or value of shares that yet may be repurchased under the program
- * Cumulative return for the Standard & Poor’s indices based on reinvestment of dividends
- Financial Condition and Results of Operations
- Management’s Discussion and Analysis
- Pre-tax underwriting earnings (loss)
- Manufacturing, Service and Retailing
- * Information for Pilot in 2023 is for the eleven months ended December 31. Pilot’s net earnings for the month ending January 31, 2023, were included in equity method earnings in other earnings on page K-54