Berkshire Hathaway Inc
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 16.2 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.9 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.5 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 3.2 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 16.2 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 43.3 | |
| – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.3% | |
| Margins | ||||||||||||||||||||||||||||||
| 32.3% | 25.3% | 48.2% | 30.6% | 10.7% | 25.6% | 35.2% | 36.0% | 23.9% | 32.8% | 41.5% | 35.9% | 33.9% | -11.5% | 43.3% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 86.5% | 75.4% | 87.1% | 36.4% | 19.5% | 23.3% | 23.6% | |
| 35.2% | 27.1% | 31.7% | 10.2% | 16.0% | 3.7% | 14.3% | 18.3% | 14.7% | 14.9% | 17.2% | 17.0% | 6.5% | 10.3% | 13.8% | -10.9% | -9.7% | -10.6% | -13.4% | -11.5% | 14.6% | 8.6% | 3.4% | -30.3% | -46.3% | -29.9% | -8.9% | 13.2% | 16.0% | 15.9% | |
| 23.6% | 18.2% | 20.8% | 6.5% | 9.7% | 2.1% | 10.2% | 12.8% | 10.0% | 10.3% | 11.3% | 11.2% | 4.3% | 7.2% | 9.4% | 7.1% | 9.1% | 10.7% | 10.2% | 11.4% | 10.8% | 18.6% | 1.8% | 32.0% | 17.3% | 32.5% | -7.3% | 26.4% | 24.0% | 18.0% | |
| 9.8% | 20.3% | -0.6% | 2.2% | 9.4% | 3.1% | 34.1% | 14.9% | 8.5% | 8.8% | 5.8% | 6.1% | 4.4% | 9.7% | 8.6% | 8.5% | 6.9% | 9.1% | 8.6% | 7.3% | 8.8% | 14.1% | 10.1% | 8.9% | 10.9% | 9.5% | 7.2% | 8.2% | 3.1% | 6.7% | |
| Returns | ||||||||||||||||||||||||||||||
| 10.5% | 6.0% | 4.8% | 2.6% | 5.3% | 1.3% | 6.6% | 10.4% | 8.4% | 9.2% | 10.0% | 10.7% | 4.4% | 5.9% | 8.0% | 6.1% | 7.7% | 8.7% | 8.2% | 9.3% | 8.4% | 12.8% | 1.1% | 19.0% | 9.4% | 17.4% | -4.6% | 16.9% | 13.7% | 9.3% | |
| 5.7% | 3.4% | 2.3% | 1.2% | 2.5% | 0.5% | 2.5% | 4.5% | 3.9% | 4.3% | 4.4% | 4.8% | 1.9% | 2.7% | 3.5% | 2.6% | 3.5% | 4.0% | 3.8% | 4.4% | 3.9% | 6.4% | 0.6% | 10.0% | 4.9% | 9.4% | -2.3% | 9.0% | 7.7% | 5.5% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 594 | 1,208 | -14,192 | – | -4,613 | -4,721 | -10,339 | -34,253 | -42,288 | -43,279 | -42,388 | -43,137 | -21,615 | -24,321 | -36,545 | -35,809 | -35,579 | -39,553 | -55,326 | -54,224 | -22,536 | -23,091 | -23,536 | -58,521 | 68,905 | 26,078 | 86,933 | 90,249 | 85,452 | 87,153 | |
| 0.2 | 0.4 | -3.0 | – | -0.6 | -1.4 | -1.3 | -2.6 | -3.4 | -3.0 | -2.1 | -1.8 | -1.8 | -1.5 | -1.4 | -1.6 | -1.2 | -1.0 | -1.4 | -1.2 | -0.5 | -0.6 | -1.4 | – | – | – | – | 1.5 | 1.2 | 1.2 | |
| 54.7% | 56.9% | 48.3% | 45.0% | 46.4% | 36.4% | 38.6% | 43.4% | 45.9% | 46.5% | 44.6% | 45.2% | 42.5% | 45.7% | 43.8% | 43.0% | 44.8% | 46.3% | 46.2% | 46.8% | 46.1% | 50.1% | 49.8% | 52.4% | 51.7% | 53.7% | 50.7% | 53.3% | 56.3% | 58.7% | |
| 0.1 | 0.1 | 0.0 | – | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 0.2 | 0.3 | 0.2 | 0.2 | 0.2 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1,376.53 | 1,027.85 | 1,507.69 | 683.03 | 1,456.84 | 347.03 | 1,863.53 | 3,539.13 | 3,168.34 | 3,692.32 | 4,762.81 | 8,003.97 | 3,025.19 | 4,879.43 | 7,854.95 | 6,211.51 | 8,977.73 | 11,847.05 | 12,095.61 | 14,654.44 | 14,640.68 | 27,321.71 | 2,450.44 | 50,104.06 | 27,540.17 | 60,777.43 | -15,110.97 | 66,752.46 | 61,888.04 | 46,570.24 | |
| 5,828.86 | 5,639.37 | 7,256.09 | 10,485.83 | 15,058.23 | 16,846.59 | 18,268.30 | 27,575.37 | 31,555.04 | 35,722.13 | 42,202.02 | 71,682.56 | 70,523.13 | 68,144.29 | 83,533.13 | 87,041.12 | 98,391.05 | 110,799.94 | 118,492.80 | 128,283.98 | 135,985.53 | 147,209.53 | 137,350.24 | 156,690.82 | 159,057.57 | 186,873.24 | 206,947.98 | 252,850.87 | 258,298.33 | 258,305.98 | |
| 13,143.20 | 17,254.24 | 31,457.44 | 25,962.98 | 27,575.32 | 25,885.15 | 28,447.70 | 34,015.37 | 37,570.02 | 39,962.57 | 47,857.73 | 74,751.97 | 68,802.15 | 82,253.76 | 98,699.67 | 102,350.61 | 116,029.77 | 136,551.87 | 147,924.72 | 157,373.80 | 174,150.20 | 213,973.83 | 214,817.34 | 263,737.89 | 292,323.07 | 348,528.54 | 329,249.71 | 395,958.35 | 451,577.19 | 498,900.56 | |
| 572.16 | 1,146.53 | -40.49 | 227.68 | 1,414.81 | 522.95 | 6,233.64 | 4,104.02 | 2,689.70 | 3,139.42 | 2,431.78 | 4,347.57 | 3,097.88 | 6,608.29 | 7,217.69 | 7,441.82 | 6,767.82 | 10,107.95 | 10,240.97 | 9,376.33 | 11,908.25 | 20,711.97 | 13,932.96 | 13,974.52 | 17,332.67 | 17,696.15 | 14,906.83 | 20,664.04 | 8,077.89 | 17,414.46 | |
Data as of: August 13, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.