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Buy Day today: Neutral (56) Mixed market breadth · no major macro event
BRK-B

Berkshire Hathaway Inc

Financial Services · Insurance - Diversified · listed since 1996

505.50$ +0.1% vs. previous close Closing price · As of: Sep 25, 2026
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Price history

Chart

Interactive price chart (TradingView).

52-week range: 465.40 $ to 529.40 $ · Last price: 505.50 $ (As of: September 25, 2026)

Key figures

Key figures at a glance

Every figure we hold for this stock, grouped by topic. The question mark next to a label explains what the number means.

Basics

Market Cap ?The value of the entire company on the market: share price times total shares outstanding. 1,082.1$B
Shares Outstanding ?Total number of shares issued. Price times share count gives market cap. 1,408m
Float ?Share of stock freely tradable on the market — not locked up in the hands of founders, insiders, or major shareholders. 87.6%
Beta ?Volatility versus the overall market: 1 = moves like the market, 2 = twice as much, under 1 = calmer than the market. 0.6

Performance

Perf. 1M ?Price performance over the last month. 3.90%
Perf. 3M ?Price performance over the last 3 months. 7.70%
Perf. 6M ?Price performance over the last 6 months. 3.70%
YTD Performance (%) ?Price performance since the start of the year (Year to Date). 2.73%
52-Week-High Distance ?How far the price sits below its highest point over the last 52 weeks. 0% means the stock is at its year high. -2.5%
Perf. 1Y ?Price performance over the last 12 months. 1.63%
Perf. 3Y ?Price performance over the last 3 years. 40.27%
Perf. 5Y ?Price performance over the last 5 years. 81.80%
Perf. 10Y ?Price performance over the last 10 years. 248.40%
Perf. Since Inception ?Price performance since the first available trading day (05/09/1996) — with a complete history, that is since the IPO. 2,077.50%

Technical Indicators

MA 38 Days ?Moving average of the last 38 trading days: the smoothed price path. A price above it signals short-term strength. 508.50$
MA 50 Days ?Moving average of the last 50 trading days — the most widely watched medium-term trend line. 506.00$
MA 200 Days ?Moving average of the last 200 trading days — the dividing line between a long-term uptrend and downtrend. 492.60$
RSI (14) ?Relative Strength Index over 14 days, scale 0 to 100: above 70 counts as overbought, below 30 as oversold. A hint on timing, not a verdict on the company. 47.7
Volatility 30 Days ?Price swings over the last 30 trading days, annualized. The higher the value, the more the price fluctuates. 12.1%
Volatility 250 Days ?Price swings over the last 250 trading days (roughly one market year), annualized. 14.7%

Calculated from the price history · as of 09/25/2026

Valuation

P/E ?Price-to-earnings ratio: how many years of profit does the stock cost? The lower, the cheaper the valuation. No earnings means no P/E. 13.0
Forward P/E ?P/E based on expected earnings for the next 12 months instead of past earnings — analysts' bet on the future. 22.7
PEG ?P/E divided by expected earnings growth: puts valuation in relation to growth. Around 1 is considered fair, well above that is pricey. 10.1
P/B ?Price-to-book ratio: market value relative to book equity. 1.5
P/S ?Price-to-sales ratio: market value divided by annual sales. Important for companies that aren't (yet) profitable. 2.8
EV/EBITDA ?Enterprise value including debt (EV) relative to operating profit before depreciation and amortization (EBITDA) — more comparable than P/E because debt counts too. Extreme values arise when EBITDA is near zero. 0.0
Price/FCF ?Market value divided by free cash flow: how many years of freely available cash does the stock cost? More honest than P/E because cash flow is harder to dress up. 44.7

Profitability

Gross Margin ?Gross margin: what's left of sales after only direct production costs are deducted — the product's pricing power. 30.3%
EBIT Margin ?EBIT margin: operating profit as a percentage of sales — the earning power of the core business before interest and taxes. 32.6%
Net Margin ?Net margin: what's left of sales as profit after ALL costs, interest, and taxes. 22.3%
Return on Equity ?Return on equity: how much profit does the company generate per year on shareholders' equity? 12.1%
Return on Assets ?Return on assets: how much profit the company generates from its total assets (equity and debt combined). 6.0%

Balance Sheet & Safety

Equity Ratio ?Equity ratio: equity as a share of total assets. The higher, the more resilient the balance sheet. 58.7%
Debt/Equity ?Leverage ratio: financial debt divided by equity. Under 1 is generally seen as solid; negative values mean negative equity. 0.2
Altman Z″ ?Edward Altman's bankruptcy early-warning score. We use the Z″ variant, built from four balance-sheet ratios — it is designed for service companies and non-manufacturers and uses book value instead of market value. On that scale: below 1.1 = danger zone, 2.6 and up = safe zone, in between a grey area. Because the classic Altman Z is calculated differently, the two numbers are not directly comparable. The formula does not fit banks, insurers, or real-estate stocks. 3.06
Piotroski ?Balance-sheet health check by Joseph Piotroski: 9 yes/no criteria on profit, cash flow, leverage, and efficiency. 7+ is very solid, under 3 is a red flag. 5 out of 9

Growth

Sales Growth Last Quarter ?Sales growth in the most recently reported quarter versus the same quarter a year ago (YoY). 10.00%
EPS Growth Last Quarter ?Growth in earnings per share in the most recently reported quarter versus the same quarter a year ago (YoY). 107.80%
Sales Growth (Year) ?Sales growth in the last fiscal year versus the year before. 0.00%
Forward Sales Growth ?Sales growth analysts expect over the next 12 months — an estimate, not a guarantee. -71.91%
Forward EPS Growth ?Earnings-per-share growth analysts expect over the next 12 months — an estimate, not a guarantee. 12.80%

Dividend

This stock currently pays no dividend.

Quality & Screener

Stage ?Weinstein phases 1 through 4: 1 = basing, 2 = uptrend (the only buy phase), 3 = topping, 4 = downtrend. Measured against the 30-week line. –
RS Rating ?Relative strength from 1 to 99: an RS of 95 means the stock has outperformed 95% of all stocks. –
EPS Rating ?Earnings growth rating from 1 to 99 versus all stocks — high values mean above-average earnings growth. –
Fundamental Rating ?Our own Fundamental Rating: 0 to 100 points with an A+ to F grade. 50 points is the average across the universe, 100 the best possible score. It scores growth, earnings surprises, analyst estimates, margins, cash flow, and balance-sheet safety — every stock percentile-ranked against all others. Grades: A+ from 95, A from 75, B from 55, C from 45, D from 25, E from 5, F below. C (53 out of 100)

Comparison

Industry comparison

The stock alongside the largest companies in the same group. The median row is the middle value of the companies shown above — not of the whole industry.

Industry: Insurance - Diversified

Industry comparison
Company Market cap ($B) P/E EV/EBITDA Gross Margin % EBIT Margin % Sales Growth (Year) % Perf. 1Y %
Berkshire Hathaway Inc BRK-B 1,082.1 13.0 0.0 30.3 32.6 0.0 1.6
Berkshire Hathaway Inc BRK-A 1,081.0 12.7 0.0 30.3 32.6 0.0 2.0
American International Group Inc AIG 39.3 13.3 0.0 35.1 18.6 -1.8 -1.6
Hartford Financial Services Group HIG 33.6 9.1 0.0 37.9 15.3 7.1 -3.0
Arch Capital Group Ltd. ACGL 32.5 7.7 0.0 38.8 25.3 14.3 4.7
Aegon NV AEG 13.1 12.9 0.0 45.7 0.3 37.6 15.7
Pelagos Insurance Capital Ltd PLGO 2.2 6.8 0.0 25.2 19.3 2.9 41.8
Exzeo Group, Inc. XZO 1.4 14.2 11.9 100.0 51.7 62.0 –
International General Insurance Holdings Ltd IGIC 1.0 9.9 0.0 43.4 15.3 -1.8 11.7
Median of companies shown 32.5 12.7 0.0 37.9 19.3 2.9 3.3

Based on the most recently reported figures. Only stocks from the same trading venue are lined up, so the market caps are counted in one currency. Compare in a chart →

Fiscal years

Annual Figures

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

Revenue, operating income and net income per fiscal year $M

Revenue Operating income Net income

2016 · Revenue: 223,604 $M 2016 · Operating income: 33,667 $M 2016 · Net income: 24,074 $M 2017 · Revenue: 242,137 $M 2017 · Operating income: 23,838 $M 2017 · Net income: 44,940 $M 2018 · Revenue: 247,837 $M 2018 · Operating income: 26,456 $M 2018 · Net income: 4,021 $M 2019 · Revenue: 254,616 $M 2019 · Operating income: 106,282 $M 2019 · Net income: 81,417 $M 2020 · Revenue: 245,510 $M 2020 · Operating income: 59,044 $M 2020 · Net income: 42,521 $M 2021 · Revenue: 354,636 $M 2021 · Operating income: 111,686 $M 2021 · Net income: 89,795 $M 2022 · Revenue: 302,089 $M 2022 · Operating income: 37,323 $M 2022 · Net income: -22,819 $M 2023 · Revenue: 364,482 $M 2023 · Operating income: 48,124 $M 2023 · Net income: 96,223 $M 2024 · Revenue: 371,433 $M 2024 · Operating income: 59,436 $M 2024 · Net income: 88,995 $M 2025 · Revenue: 371,444 $M 2025 · Operating income: 58,880 $M 2025 · Net income: 66,968 $M
2016201720182019202020212022202320242025
Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 223,604 33,667 24,074 9.76 32,535 286,359 620,854
2017 242,137 23,838 44,940 18.22 45,776 351,954 702,095
2018 247,837 26,456 4,021 1.63 37,400 352,500 707,794
2019 254,616 106,282 81,417 33.22 38,687 428,563 817,729
2020 245,510 59,044 42,521 17.78 39,773 451,336 873,729
2021 354,636 111,686 89,795 39.64 39,421 514,930 958,784
2022 302,089 37,323 -22,819 -10.36 37,224 480,617 948,452
2023 364,482 48,124 96,223 44.27 49,196 570,770 1,069,978
2024 371,433 59,436 88,995 41.27 30,592 649,368 1,153,881
2025 371,444 58,880 66,968 31.04 45,969 717,419 1,222,176

Quarters

Quarterly Figures

Each bar is one quarter, the last one is the most recent. Use the switch to step through the individual figures.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

None of the selected stocks reports this metric. Pick another metric or switch between annual and quarterly.

These companies report in different currencies — switch on “Indexed” or pick a margin for a fair comparison.

The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q3 · 92,995.0 $M Q3 2024: Q4 · 94,916.0 $M Q4 2025: Q1 · 89,725.0 $M Q1 2025: Q2 · 92,515.0 $M Q2 2025: Q3 · 94,972.0 $M Q3 2025: Q4 · 94,232.0 $M Q4 2026: Q1 · 93,675.0 $M Q1 2026: Q2 · 101,808.0 $M Q2

Source: fundamental data

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q3 4.68 -5.60 92,995 46.60 28.20 1,803 -2,898
2024: Q4 6.73 71.80 94,916 1.60 20.70 4,621 -726
2025: Q1 4.47 -14.00 89,725 -0.20 5.10 10,903 6,622
2025: Q2 8.60 59.90 92,515 -1.20 13.40 10,085 5,227
2025: Q3 6.26 33.80 94,972 2.10 32.40 13,789 8,203
2025: Q4 4.73 -29.80 94,232 -0.70 20.40 11,192 4,990
2026: Q1 5.26 17.70 93,675 4.40 10.80 10,438 5,452
2026: Q2 6.03 -29.90 101,808 10.00 25.20 11,215 5,570

What Do These Terms Mean?

EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Compare with other stocks →

Screening

Appears in These Scanners

This stock currently matches 1 of our scanner strategies — each hit links to the scanner.

Quality & Balance Sheet

Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. View all scanners

Outlook

Analysts & Price Target

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Consensus Sell 1 = Strong buy … 5 = Strong sell
Analyst Ratings 4
Price Target (average) 547.67$
Distance to price 8.3% The price target sits 8.3% above the current price.

Distribution of Recommendations

Strong Buy 2
Buy 0
Hold 2
Sell 0
Strong Sell 0

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
12/31/2026 22.25 21.22 – 23.25 418,311 7.9% 3
12/31/2027 22.19 21.25 – 23.22 423,300 -0.3% 3

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Valuation

What is priced in?

Instead of guessing what the stock is worth, we turn the question around: what free cash flow growth has to happen for today’s market value to add up? The assumptions behind it can be moved.

Today’s market value implies roughly 18.7% growth in free cash flow per year over ten years (assumptions: discount rate 10.0%, terminal growth 2.5%).

What is priced in?
Free cash flow (last twelve months) $24.22B
Market cap $1.08T
Free cash flow in year ten $133.99B
Terminal value as a share of market value 65.2%

For comparison: over the past five years free cash flow shrank by 1.3% per year.

It shows which assumption is built into today’s price, not whether that assumption will hold. Every assumption can be changed with the sliders; the figures move with them.

A simplified model calculation — not a forecast and not a recommendation.

AI classification

AI Rating

Neutral

Berkshire Hathaway erwähnt künstliche Intelligenz in den sechs geprüften Einreichungen nur ein einziges Mal — im Geschäftsbericht für 2025, und dort ausschließlich als Regulierungsthema neben dem Datenschutz. Weder wird ein KI-Produkt verkauft noch ein eigenes KI-Programm beschrieben noch eine KI-bedingte Bedrohung des Geschäfts benannt; die vier Quartalsberichte und der Geschäftsbericht für 2024 nennen den Begriff überhaupt nicht.

View the full file — quotes, sources, reviewed filings
„Data privacy and artificial intelligence laws and regulations have been enacted or are under development in various jurisdictions in the U.S. and throughout the world. These regulations address numerous aspects related to the security of personal information that is stored in our information systems, networks and facilities and the use of artificial intelligence tools."

Gesetze und Vorschriften zu Datenschutz und künstlicher Intelligenz sind in verschiedenen Rechtsordnungen in den USA und weltweit erlassen worden oder befinden sich in Entwicklung. Diese Vorschriften behandeln zahlreiche Aspekte der Sicherheit personenbezogener Daten, die in unseren Informationssystemen, Netzwerken und Einrichtungen gespeichert sind, sowie den Einsatz von Werkzeugen der künstlichen Intelligenz.

10-K · 2026-03-02 · View SEC filing

„Competition and technology may erode our business franchises and result in lower earnings."

Wettbewerb und Technologie können unsere Geschäftsfranchisen aushöhlen und zu geringeren Gewinnen führen.

10-K · 2026-03-02 · View SEC filing

Filings Reviewed: 10-K 2026-03-02 · 10-K 2025-02-24 · 10-Q 2026-08-10 · 10-Q 2026-05-04 · 10-Q 2025-11-03 · 10-Q 2025-08-04

Rated on September 6, 2026 · How the Rating Is Built

Growth

Growth Score

Ten checks against the annual reports — each one passed counts a point.

5 of 10 Solid growth
  • Revenue grows by more than 15% a year over three years 7.1%
  • More than 10% revenue growth is expected for the coming year -71.9%
  • Share count grows by less than 3% a year -0.7%
  • Revenue growth plus cash-flow margin add up to at least 40 ("Rule of 40") 6.7%
  • Gross margin at 40% or higher and without meaningful erosion 23.6%
  • Goodwill from acquisitions does not grow faster than revenue 6.8%
  • Net debt below twice EBITDA 234,357 m net cash
  • Operating cash flow covers the profits of the last three years -126,429 m
  • Return on capital at 15% or higher, or up versus two years ago 5.1%
  • Insiders hold at least 10% or are net buyers 0.3%

A criterion without figures counts neither as passed nor as failed; a score is only produced from 7 judgeable criteria upwards. Source: fundamental data. All ten criteria in detail

Quality check

AAQS

5/10

The AAQS (AlleAktien Quality Score) checks 10 quality criteria on growth, profitability, and balance-sheet strength — per the methodology developed and published by AlleAktien, calculated by us from our own fundamental data. A stock counts as a quality stock from 9 out of 10 points. Where a company has a shorter listing history, we calculate over the fiscal years available (at least five).

  • Sales growth 10Y > 5% 5.8%
  • Exp. sales growth 3Y > 5% 6.8%
  • EBIT growth 10Y > 5% 6.4%
  • Exp. EBIT growth 3Y > 5% -15.4%
  • Net debt < 4x EBIT -4.0x
  • EBIT positive, 10Y straight 10
  • Max. EBIT decline < 50% 66.6%
  • Return on equity > 15% 11.2%
  • ROCE > 15% 5.1%
  • Expected return > 10% -13.5%

View stocks with the full AAQS score · Read the methodology at AlleAktien

Source: fundamental data

Insiders

Insider Transactions

Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character.

Insider Transactions
Date Person Role Type Shares Price Value
Sep 25, 2026 Berkshire Hathaway Inc 10% Owner Buy 7,022 79.53 558,460
Sep 25, 2026 Berkshire Hathaway Inc 10% Owner Buy 171,723 81.60 14,012,597
Sep 25, 2026 Berkshire Hathaway Inc 10% Owner Buy 313,379 80.90 25,352,361
Sep 24, 2026 Berkshire Hathaway Inc 10% Owner Buy 2,975 79.91 237,732
Sep 24, 2026 Berkshire Hathaway Inc 10% Owner Buy 9,415 79.42 747,739
Sep 24, 2026 Berkshire Hathaway Inc 10% Owner Buy 241,692 81.44 19,683,396
Sep 24, 2026 Berkshire Hathaway Inc 10% Owner Buy 399,238 80.58 32,170,598
Sep 23, 2026 Berkshire Hathaway Inc 10% Owner Buy 1,263 79.99 101,027
Sep 23, 2026 Berkshire Hathaway Inc 10% Owner Buy 532,993 81.65 43,518,878
Sep 21, 2026 Berkshire Hathaway Inc 10% Owner Buy 18,146 76.62 1,390,347

View all insider transactions →

The company

About the Company

Berkshire Hathaway Inc. ist zusammen mit seinen Tochtergesellschaften in den Bereichen Versicherung, Güterschienenverkehr und Versorgungswirtschaft tätig. Das Unternehmen bietet Sach-, Haftpflicht-, Lebens-, Unfall- und Krankenversicherungen sowie Rückversicherungen; betreibt Eisenbahnsysteme in Nordamerika; erzeugt, überträgt, speichert und verteilt Strom aus Erdgas, Kohle, Wind, Solar, Wasserkraft, Kernkraft und Erdwärme; betreibt Erdgasverteilungs- und -speicheranlagen, Ferngasleitungen, Flüssigerdgasanlagen sowie Verdichter- und Messstationen; und hält Beteiligungen an Kohlebergbau-Vermögenswerten. Es stellt Pralinenschachteln und andere Süßwaren her; Spezialchemikalien, Metallschneidwerkzeuge und Komponenten für Luft- und Raumfahrt sowie Energieerzeugung; vorgefertigte und vor Ort errichtete Wohnhäuser, Bodenbeläge; Dämmstoffe, Dachprodukte und technische Bauprodukte; Gebäude- und Konstruktionskomponenten; Farben und Beschichtungen; sowie Ziegel und Mauerwerksprodukte, und bietet zudem Hausbau in Fertig- und Ortbauweise sowie zugehörige Kredit- und Finanzdienstleistungen an. Darüber hinaus bietet das Unternehmen Freizeitfahrzeuge, Bekleidung, Schuhe, Spielzeug, Schmuck, individuelle Bilderrahmenprodukte, Alkalibatterien, Logistikdienstleistungen sowie professionelle Flugausbildung und Programme für gemeinsames Flugzeugeigentum; Gussteile, Schmiedeteile, Verbindungselemente/Befestigungssysteme, Luftfahrtstrukturen und Präzisionsbauteile; sowie Kobalt-, Nickel- und Titanlegierungen. Ferner vertreibt es Fernseher und Informationsprodukte sowie Lebensmittel und Non-Food-Konsumgüter; vergibt Franchises und betreut Schnellrestaurants; und vertreibt elektronische Bauteile. Zusätzlich verkauft es Automobile im Einzelhandel; Möbel, Bettwaren und Zubehör; Haushaltsgeräte, Elektronik und Bodenbeläge; Uhren, Heimdekoration und Reparaturdienstleistungen; verkauft Küchenausstattung sowie Motorradbekleidung und -ausrüstung. Das Unternehmen wurde 1998 eingetragen und hat seinen Hauptsitz in Omaha, Nebraska.

Employees
387,800
Headquarters
Omaha, NE
Address
3555 Farnam Street, 68131 Omaha, United States
Phone
402 346 1400
IPO Date
05/09/1996
ISIN
US0846707026
Stock Split
50:1 on 01/21/2010

Management

Management
Name Title Birth Year
Gregory Edward Abel CEO, President & Director 1962
Marc David Hamburg Executive Officer 1950
Charles C. Chang Senior VP & CFO 1969
Daniel Jerome Jaksich VP, Controller & Principal Accounting Officer –
Michael J. O'Sullivan J.D. Senior VP & General Counsel 1966
Adam M. Johnson President of Consumer Products, Service & Retailing 1972
Kerby S. Ham Treasurer –
Peter James Eastwood CEO & President of Specialty Insurance –
Kara Lee Raiguel CEO & President of General Re Unit –

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Data as of: September 25, 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.

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