Symbols / BRK-B $485.52 +0.12% Berkshire Hathaway Inc.

Financial Services • Insurance - Diversified • United States • NYQ
BRK-B Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
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Index EQUITY
Sector Financial Services
Industry Insurance - Diversified
CEO Mr. Gregory Edward Abel
Exch · Country NYQ · United States
Market Cap 1.05T
Enterprise Value -265.53B
Income 72.47B
Sales 375.39B
FCF (ttm) 61.23B
Book/sh 505,559.44
Cash/sh 276,362.10
Employees 387,800
Insider 10d —
IPO May 09, 1996
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 14.45
Forward P/E 22.86
PEG 10.06
P/S 2.79
P/B 0.00
P/C —
EV/EBITDA -2.25
EV/Sales -0.71
Quick Ratio 2.70
Current Ratio 2.88
Debt/Eq 17.67
LT Debt/Eq —
EPS (ttm) 33.61
EPS next Y 21.24
EPS Growth 119.60%
Revenue Growth 4.40%
EPS Gr Q/Q 119.60%
Rev Gr Q/Q —
Earnings (next) 2026-08-01
Earnings (prior) 2026-05-02
ROA 5.39%
ROE 10.50%
ROIC —
Gross Margin 27.78%
Oper. Margin 14.35%
Profit Margin 19.30%
Shs Outstand 1.40B
Shs Float 1.23M
Insider Own 0.26%
Instit Own 66.09%
Short Float 0.97%
Short Ratio 2.33
Short Interest 11.92M
52W High 516.85
vs 52W High -6.06%
52W Low 455.19
vs 52W Low 6.66%
Beta 0.62
Impl. Vol. 16.48%
Rel Volume 0.82
Avg Volume 4.82M
Volume 3.96M
Target (mean) $520.33
Tgt Median $510.00
Tgt Low $481.00
Tgt High $570.00
# Analysts 3
Recom Buy
Prev Close $484.96
Price $485.52
Change 0.12%
About

Berkshire Hathaway Inc., together with its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses. The company provides property, casualty, life, accident, and health insurance and reinsurance; operates railroad systems in North America; generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. It manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; prefabricated and site-built residential homes, flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. In addition, the company provides recreational vehicles, apparel, footwear, toys, jewelry, custom picture framing products, alkaline batteries, logistics services, and professional aviation training and shared aircraft ownership programs; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Further, it distributes televisions and information, and grocery and non-food consumer products; franchises and services quick service restaurants; and distributes electronic components. Additionally, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and floor coverings; watches, home decor and repair services; sells kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$520.33
Mean price target
2. Current target
$485.52
Latest analyst target
3. DCF / Fair value
$788.17
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$485.52
Low
$481.00
High
$570.00
Mean
$520.33

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-04 main UBS Buy → Buy $570
2025-11-03 main UBS Buy → Buy $595
2025-10-15 main UBS Buy → Buy $593
2025-08-04 main UBS Buy → Buy $597
2025-07-23 main UBS Buy → Buy $595
2025-06-03 main UBS Buy → Buy $591
2025-04-25 main UBS Buy → Buy $606
2025-02-24 main UBS Buy → Buy $557
2025-01-24 main UBS Buy → Buy $536
2024-11-04 main UBS Buy → Buy $531
2024-07-22 init TD Cowen — → Hold $465
2024-02-28 main UBS Buy → Buy $477
2024-01-24 main UBS Buy → Buy $435
2023-08-07 main UBS Buy → Buy $414
2023-07-19 main UBS Buy → Buy $405
2014-11-10 main Barclays — → Overweight $165
2014-10-02 main Barclays — → Overweight $155
2014-04-01 main Barclays — → Overweight $144
2013-01-03 main Barclays — → Overweight $105
2012-08-06 main Barclays — → Overweight $100
News
RSS: Latest BRK-B news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-05-06 O'SULLIVAN MICHAEL J General Counsel — 536 $467.13 $250,545
2026-03-27 JAIN AJIT Officer and Director — 22 $0.00 $0
2025-11-10 BUFFETT WARREN E Chief Executive Officer — 2,700,000 $0.00 $0
2025-11-10 BUFFETT WARREN E Chief Executive Officer — 2,700,000 — —
2025-11-03 GUYMAN CHARLOTTE M Director — 410 $0.00 $0
2025-11-03 GUYMAN CHARLOTTE M Director — 1,500 — —
2025-10-22 JAIN AJIT Officer and Director — 32 $0.00 $0
2025-09-26 JAIN AJIT Officer and Director — 15,000 $500.03 $7,500,450
2025-09-24 JAIN AJIT Officer and Director — 32 $0.00 $0
2025-08-08 JAIN AJIT Officer and Director — 2,000 $464.73 $929,452
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
410,522.00
-3.23%
424,232.00
-3.44%
439,337.00
+87.65%
234,121.00
Operating Revenue
410,522.00
-3.23%
424,232.00
-3.44%
439,337.00
+87.65%
234,121.00
Selling General And Administration
37,420.00
+14.40%
32,711.00
+3.86%
31,495.00
+25.70%
25,056.00
Selling And Marketing Expense
—
25,642.00
+0.72%
25,458.00
+30.51%
19,506.00
General And Administrative Expense
37,420.00
+14.40%
32,711.00
+3.86%
31,495.00
+25.70%
25,056.00
Other Gand A
37,420.00
+14.40%
32,711.00
+3.86%
31,495.00
+25.70%
25,056.00
Other Operating Expenses
36,480.00
-2.18%
37,292.00
-4.08%
38,879.00
+1.88%
38,162.00
Total Expenses
328,063.00
+4.53%
313,856.00
-1.67%
319,171.00
+20.61%
264,621.00
Reconciled Depreciation
13,476.00
+4.83%
12,855.00
+2.96%
12,486.00
+14.56%
10,899.00
EBIT
87,528.00
-24.27%
115,576.00
-7.66%
125,169.00
+578.69%
-26,148.00
Total Unusual Items
—
—
—
0.00
Total Unusual Items Excluding Goodwill
—
—
—
0.00
Special Income Charges
—
—
—
0.00
Impairment Of Capital Assets
—
—
—
0.00
Net Income
66,968.00
-24.75%
88,995.00
-7.51%
96,223.00
+522.79%
-22,759.00
Pretax Income
82,459.00
-25.29%
110,376.00
-8.15%
120,166.00
+493.99%
-30,500.00
Net Non Operating Interest Income Expense
-5,069.00
+2.52%
-5,200.00
-3.94%
-5,003.00
-14.96%
-4,352.00
Interest Expense Non Operating
5,069.00
-2.52%
5,200.00
+3.94%
5,003.00
+14.96%
4,352.00
Net Interest Income
-5,069.00
+2.52%
-5,200.00
-3.94%
-5,003.00
-14.96%
-4,352.00
Interest Expense
5,069.00
-2.52%
5,200.00
+3.94%
5,003.00
+14.96%
4,352.00
Interest Income
23,261.00
+6.58%
21,825.00
+38.45%
15,764.00
+53.60%
10,263.00
Other Income Expense
55,220.00
+2.07%
54,100.00
+1.24%
53,439.00
-1.66%
54,339.00
Tax Provision
15,199.00
-26.98%
20,815.00
-9.57%
23,019.00
+370.75%
-8,502.00
Tax Rate For Calcs
0.00
-2.65%
0.00
-1.56%
0.00
-31.18%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
67,260.00
-24.90%
89,561.00
-7.81%
97,147.00
+541.62%
-21,998.00
Net Income From Continuing Operation Net Minority Interest
66,968.00
-24.75%
88,995.00
-7.51%
96,223.00
+522.79%
-22,759.00
Net Income From Continuing And Discontinued Operation
66,968.00
-24.75%
88,995.00
-7.51%
96,223.00
+522.79%
-22,759.00
Net Income Continuous Operations
67,260.00
-24.90%
89,561.00
-7.81%
97,147.00
+541.62%
-21,998.00
Minority Interests
-292.00
+48.41%
-566.00
+38.74%
-924.00
-21.42%
-761.00
Normalized Income
66,968.00
-24.75%
88,995.00
-7.51%
96,223.00
+522.79%
-22,759.00
Net Income Common Stockholders
66,968.00
-24.75%
88,995.00
-7.51%
96,223.00
+522.79%
-22,759.00
Diluted EPS
—
41.27
-6.79%
44.27
+528.63%
-10.33
Basic EPS
—
41.27
-6.79%
44.27
+528.63%
-10.33
Basic Average Shares
—
2,156.58
-0.77%
2,173.32
-1.36%
2,203.31
Diluted Average Shares
—
2,156.58
-0.77%
2,173.32
-1.36%
2,203.31
Diluted NI Availto Com Stockholders
66,968.00
-24.75%
88,995.00
-7.51%
96,223.00
+522.79%
-22,759.00
Loss Adjustment Expense
61,686.00
+2.73%
60,044.00
-1.91%
61,216.00
-2.66%
62,889.00
Net Policyholder Benefits And Claims
61,686.00
+2.73%
60,044.00
-1.91%
61,216.00
-2.66%
62,889.00
Rent Expense Supplemental
7,685.00
+8.71%
7,069.00
+17.09%
6,037.00
+8.77%
5,550.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,222,176.00
+5.92%
1,153,881.00
+7.84%
1,069,978.00
+12.81%
948,465.00
Cash Cash Equivalents And Short Term Investments
373,311.00
+11.70%
334,201.00
+99.36%
167,641.00
+30.37%
128,585.00
Cash And Cash Equivalents
51,877.00
+8.69%
47,729.00
+25.53%
38,022.00
+6.17%
35,811.00
Other Short Term Investments
321,434.00
+12.20%
286,472.00
+121.01%
129,619.00
+39.71%
92,774.00
Receivables
48,718.00
+0.68%
48,390.00
-5.60%
51,260.00
+6.16%
48,285.00
Accounts Receivable
43,539.00
+0.96%
43,127.00
-7.44%
46,596.00
+5.44%
44,193.00
Receivables Adjustments Allowances
-798.00
+0.00%
-798.00
+4.20%
-833.00
-2.08%
-816.00
Other Receivables
5,977.00
-1.39%
6,061.00
+10.26%
5,497.00
+12.00%
4,908.00
Net PPE
235,160.00
+5.49%
222,929.00
+2.93%
216,593.00
+9.97%
196,965.00
Goodwill And Other Intangible Assets
116,876.00
-1.39%
118,518.00
-1.65%
120,510.00
+12.30%
107,306.00
Goodwill
83,074.00
-0.96%
83,880.00
-0.88%
84,626.00
+8.33%
78,119.00
Other Intangible Assets
33,802.00
-2.41%
34,638.00
-3.47%
35,884.00
+22.95%
29,187.00
Investments And Advances
657,006.00
+8.68%
604,558.00
+12.73%
536,285.00
+17.93%
454,745.00
Long Term Equity Investment
19,978.00
-35.83%
31,134.00
+7.11%
29,066.00
+3.62%
28,050.00
Total Liabilities Net Minority Interest
502,473.00
+0.05%
502,226.00
+0.60%
499,208.00
+6.95%
466,784.00
Payables And Accrued Expenses
167.00
-98.69%
12,769.00
0.00
-100.00%
49,816.00
Payables
167.00
-98.69%
12,769.00
—
—
Other Payable
167.00
-98.69%
12,769.00
—
—
Current Debt And Capital Lease Obligation
3,318.00
+36.10%
2,438.00
-54.30%
5,335.00
+119.64%
2,429.00
Current Debt
3,318.00
+36.10%
2,438.00
-54.30%
5,335.00
+119.64%
2,429.00
Other Current Borrowings
3,318.00
+36.10%
2,438.00
-54.30%
5,335.00
+119.64%
2,429.00
Long Term Debt And Capital Lease Obligation
125,763.00
+2.81%
122,324.00
-0.50%
122,936.00
+2.18%
120,315.00
Long Term Debt
125,763.00
+2.81%
122,324.00
-0.50%
122,936.00
+2.18%
120,315.00
Non Current Deferred Liabilities
86,955.00
+1.26%
85,870.00
-7.68%
93,009.00
+20.22%
77,368.00
Non Current Deferred Taxes Liabilities
86,955.00
+1.26%
85,870.00
-7.68%
93,009.00
+20.22%
77,368.00
Stockholders Equity
717,419.00
+10.48%
649,368.00
+15.70%
561,273.00
+18.56%
473,424.00
Common Stock Equity
717,419.00
+10.48%
649,368.00
+15.70%
561,273.00
+18.56%
473,424.00
Capital Stock
8.00
+0.00%
8.00
+0.00%
8.00
+0.00%
8.00
Common Stock
8.00
+0.00%
8.00
+0.00%
8.00
+0.00%
8.00
Share Issued
1.66
+0.00%
1.66
0.00%
1.66
+0.00%
1.66
Ordinary Shares Number
1.44
+0.00%
1.44
-0.23%
1.44
-1.25%
1.46
Treasury Shares Number
0.22
+0.00%
0.22
+1.50%
0.22
+9.20%
0.20
Additional Paid In Capital
35,612.00
-0.15%
35,665.00
+3.44%
34,480.00
-1.95%
35,167.00
Retained Earnings
763,186.00
+9.62%
696,218.00
+14.63%
607,350.00
+18.83%
511,127.00
Gains Losses Not Affecting Retained Earnings
-2,448.00
+31.70%
-3,584.00
+4.76%
-3,763.00
+25.51%
-5,052.00
Treasury Stock
78,939.00
+0.00%
78,939.00
+2.78%
76,802.00
+13.23%
67,826.00
Minority Interest
2,284.00
-0.13%
2,287.00
-75.92%
9,497.00
+15.02%
8,257.00
Other Equity Adjustments
-2,448.00
+31.70%
-3,584.00
+4.76%
-3,763.00
+25.51%
-5,052.00
Total Equity Gross Minority Interest
719,703.00
+10.44%
651,655.00
+14.17%
570,770.00
+18.50%
481,681.00
Total Capitalization
843,182.00
+9.26%
771,692.00
+12.79%
684,209.00
+15.24%
593,739.00
Invested Capital
846,500.00
+9.35%
774,130.00
+12.27%
689,544.00
+15.66%
596,168.00
Total Debt
129,081.00
+3.46%
124,762.00
-2.74%
128,271.00
+4.50%
122,744.00
Net Debt
77,204.00
+0.22%
77,033.00
-14.64%
90,249.00
+3.81%
86,933.00
Net Tangible Assets
600,543.00
+13.13%
530,850.00
+20.44%
440,763.00
+20.39%
366,118.00
Tangible Book Value
600,543.00
+13.13%
530,850.00
+20.44%
440,763.00
+20.39%
366,118.00
Investments In Other Ventures Under Equity Method
19,978.00
-35.83%
31,134.00
+7.11%
29,066.00
+3.62%
28,050.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
45,969.00
+50.26%
30,592.00
-37.82%
49,196.00
+31.72%
37,350.00
Cash Flow From Continuing Operating Activities
45,969.00
+50.26%
30,592.00
-37.82%
49,196.00
+31.72%
37,350.00
Net Income From Continuing Operations
67,260.00
-24.90%
89,561.00
-7.81%
97,147.00
+541.62%
-21,998.00
Depreciation
—
11,060.00
+3.77%
10,658.00
+10.26%
9,666.00
Amortization Cash Flow
—
1,795.00
-1.81%
1,828.00
+48.26%
1,233.00
Depreciation And Amortization
13,476.00
+4.83%
12,855.00
+2.96%
12,486.00
+14.56%
10,899.00
Amortization Of Intangibles
—
1,795.00
-1.81%
1,828.00
+48.26%
1,233.00
Other Non Cash Items
3,239.00
+463.12%
-892.00
-73.88%
-513.00
+83.31%
-3,074.00
Asset Impairment Charge
10,681.00
0.00
0.00
—
Operating Gains Losses
903.00
+125.79%
-3,502.00
+38.68%
-5,711.00
-219.50%
4,779.00
Gain Loss On Investment Securities
903.00
+125.79%
-3,502.00
+38.68%
-5,711.00
-219.50%
4,779.00
Unrealized Gain Loss On Investment Securities
-39,981.00
+18.90%
-49,297.00
+28.70%
-69,144.00
-209.54%
63,120.00
Change In Working Capital
2,355.00
+134.71%
-6,784.00
-133.19%
20,441.00
+234.09%
-15,244.00
Change In Receivables
-2,426.00
-487.54%
626.00
+132.12%
-1,949.00
+65.33%
-5,621.00
Changes In Account Receivables
—
—
—
—
Change In Other Working Capital
1,693.00
+122.68%
-7,465.00
-148.98%
15,240.00
+225.92%
-12,103.00
Change In Other Current Assets
-861.00
-317.96%
-206.00
-310.20%
98.00
+101.90%
-5,157.00
Change In Other Current Liabilities
429.00
+118.75%
-2,288.00
-189.03%
2,570.00
+49.51%
1,719.00
Investing Cash Flow
-44,487.00
-332.46%
-10,287.00
+68.51%
-32,663.00
+62.71%
-87,601.00
Cash Flow From Continuing Investing Activities
-44,487.00
-332.46%
-10,287.00
+68.51%
-32,663.00
+62.71%
-87,601.00
Net PPE Purchase And Sale
-20,927.00
-10.28%
-18,976.00
+2.23%
-19,409.00
-25.51%
-15,464.00
Purchase Of PPE
-20,927.00
-10.28%
-18,976.00
+2.23%
-19,409.00
-25.51%
-15,464.00
Capital Expenditure
-20,927.00
-10.28%
-18,976.00
+2.23%
-19,409.00
-25.51%
-15,464.00
Net Investment Purchase And Sale
-23,643.00
-354.77%
9,280.00
+273.95%
-5,335.00
+91.36%
-61,782.00
Purchase Of Investment
-603,052.00
-12.49%
-536,079.00
-113.18%
-251,469.00
+0.15%
-251,852.00
Sale Of Investment
579,409.00
+6.24%
545,359.00
+121.57%
246,134.00
+29.50%
190,070.00
Net Business Purchase And Sale
-1,074.00
-171.21%
-396.00
+95.40%
-8,604.00
+18.78%
-10,594.00
Purchase Of Business
-1,074.00
-171.21%
-396.00
+95.40%
-8,604.00
+18.78%
-10,594.00
Net Other Investing Changes
1,157.00
+693.33%
-195.00
-128.47%
685.00
+186.61%
239.00
Financing Cash Flow
2,233.00
+121.55%
-10,360.00
+28.08%
-14,405.00
-766.73%
-1,662.00
Cash Flow From Continuing Financing Activities
2,233.00
+121.55%
-10,360.00
+28.08%
-14,405.00
-766.73%
-1,662.00
Net Issuance Payments Of Debt
3,026.00
+266.26%
-1,820.00
-67.43%
-1,087.00
-113.30%
8,171.00
Issuance Of Debt
9,172.00
-30.44%
13,186.00
+68.68%
7,817.00
-38.42%
12,695.00
Repayment Of Debt
-7,024.00
+41.21%
-11,947.00
-5.62%
-11,311.00
-187.96%
-3,928.00
Long Term Debt Issuance
9,172.00
-30.44%
13,186.00
+68.68%
7,817.00
-38.42%
12,695.00
Long Term Debt Payments
-7,024.00
+41.21%
-11,947.00
-5.62%
-11,311.00
-187.96%
-3,928.00
Net Long Term Debt Issuance
2,148.00
+73.37%
1,239.00
+135.46%
-3,494.00
-139.85%
8,767.00
Net Short Term Debt Issuance
878.00
+128.70%
-3,059.00
-227.09%
2,407.00
+503.86%
-596.00
Net Common Stock Issuance
0.00
+100.00%
-2,918.00
+68.18%
-9,171.00
-16.77%
-7,854.00
Common Stock Payments
0.00
+100.00%
-2,918.00
+68.18%
-9,171.00
-16.77%
-7,854.00
Repurchase Of Capital Stock
0.00
+100.00%
-2,918.00
+68.18%
-9,171.00
-16.77%
-7,854.00
Net Other Financing Charges
-793.00
+85.89%
-5,622.00
-35.57%
-4,147.00
-109.55%
-1,979.00
Changes In Cash
3,715.00
-62.64%
9,945.00
+367.34%
2,128.00
+104.10%
-51,913.00
Effect Of Exchange Rate Changes
478.00
+325.47%
-212.00
-282.76%
116.00
+129.44%
-394.00
Beginning Cash Position
48,376.00
+25.19%
38,643.00
+6.17%
36,399.00
-58.97%
88,706.00
End Cash Position
52,569.00
+8.67%
48,376.00
+25.19%
38,643.00
+6.17%
36,399.00
Free Cash Flow
25,042.00
+115.58%
11,616.00
-61.00%
29,787.00
+36.10%
21,886.00
Interest Paid Supplemental Data
5,094.00
+3.14%
4,939.00
-1.16%
4,997.00
+15.01%
4,345.00
Income Tax Paid Supplemental Data
13,978.00
-51.03%
28,544.00
+267.60%
7,765.00
+83.31%
4,236.00
Amortization Of Securities
-11,964.00
-5.42%
-11,349.00
-105.97%
-5,510.00
-386.75%
-1,132.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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