BERKSHIRE HATHAWAY INC BRK-B

Financials SIC 6331 - Fire, Marine & Casualty Insurance NAICS Finance and Insurance › Insurance Carriers and Related Activities › Insurance Carriers › Direct Insurance (except Life, Health, and Medical) Carriers › Direct Property and Casualty Insurance Carriers derived NYSE

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. Berkshire's Chief Executive Officer is also ultimately responsible for evaluating the operating performance of the operating businesses.

Last close 542.19 2026-10-23
Market cap —
52-week range 464.01 - 549.96

Valuation FY2025 figures against the last close

P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $247.24B$249.71B$254.91B$207.77B$191.25B$166.73B$176.51B$175.44B$239.93B$215.11B
Total operating expenses $318.47B$315.70B$321.14B$266.48B$243.75B$231.29B$225.70B$219.21B$221.24B$190.86B
Interest expense $5.07B$5.20B$5.00B$4.35B$4.17B$4.08B$3.96B$3.85B$4.39B$3.74B
Pre-tax income $82.46B$110.38B$120.17B-$30.50B$111.86B$55.69B$102.70B$4.00B$23.84B$33.67B
Income tax $15.20B$20.82B$23.02B$8.50B$20.91B$12.44B$20.90B$321.0M$21.52B$9.24B
Net income $66.97B$89.00B$96.22B-$22.76B$89.94B$42.52B$81.42B$4.02B$44.94B$24.07B

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $52.57B$48.38B$38.64B$36.40B$88.71B$48.40B$64.63B$30.81B$32.21B$28.64B
Inventory $24.42B$24.01B$25.86B$25.37B$20.95B$19.21B$19.85B$19.07B$17.37B$15.73B
Goodwill $83.07B$83.88B$84.63B$78.12B$73.88B$73.73B$81.88B$81.03B$81.26B$79.49B
Total assets $1.22T$1.15T$1.07T$948.47B$959.39B$873.73B$817.73B$707.79B$702.10B$620.85B
Total liabilities $502.47B$502.23B$499.21B$466.78B—$422.39B$389.17B$355.29B$350.14B$335.43B
Retained earnings $763.19B$696.22B$607.35B$511.13B$534.42B$443.95B$402.49B$321.11B$255.79B$210.85B
Total equity $717.42B$649.37B$567.51B$481.68B$510.30B$436.74B$428.56B$352.50B$351.95B$285.43B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $45.97B$30.59B$49.20B$37.35B$39.43B$39.77B$38.69B$37.40B$45.73B$32.65B
Depreciation and amortisation $13.48B$12.86B$12.49B$10.90B$10.72B$10.60B$10.06B$9.78B$9.19B$8.90B
Capital expenditure $20.93B$18.98B$19.41B$15.46B$13.28B$13.01B$15.98B$14.54B$11.71B$12.95B
Investing cash flow -$44.49B-$10.29B-$32.66B-$87.60B$29.39B-$37.76B-$5.62B-$32.85B-$41.01B-$84.22B
Financing cash flow $2.23B-$10.36B-$14.40B-$1.66B-$28.51B-$18.34B$730.0M-$5.81B-$1.40B$12.79B
Buybacks —$2.92B$9.17B$7.85B$27.06B$24.71B$4.85B$1.35B——

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-083899.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -100B 0 100B 200B 300B Revenue, FY2016: 215.1B Net income, FY2016: 24.1B Revenue, FY2017: 239.9B Net income, FY2017: 44.9B Revenue, FY2018: 175.4B Net income, FY2018: 4B Revenue, FY2019: 176.5B Net income, FY2019: 81.4B Revenue, FY2020: 166.7B Net income, FY2020: 42.5B Revenue, FY2021: 191.3B Net income, FY2021: 89.9B Revenue, FY2022: 207.8B Net income, FY2022: -22.8B Revenue, FY2023: 254.9B Net income, FY2023: 96.2B Revenue, FY2024: 249.7B Net income, FY2024: 89B Revenue, FY2025: 247.2B Net income, FY2025: 67B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $215.11B $239.93B $175.44B $176.51B $166.73B $191.25B $207.77B $254.91B $249.71B $247.24B
Gross profit — — — — — — — — — —
Net income $24.07B $44.94B $4.02B $81.42B $42.52B $89.94B -$22.76B $96.22B $89.00B $66.97B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Charter or fiscal year changed A change to the company's governing documents, or to when its year ends. Item 5.03
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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