Berkshire Hathaway (BRK-B) stock
Financials · Multi-Sector Holdings
Berkshire Hathaway (BRK-B) is a Multi-Sector Holdings company in the Financials sector, headquartered in Omaha, Nebraska. As of October 23, 2026, BRK-B closed at $542.19, a market capitalization of $1.16 trillion, the 10th largest company in the S&P 500. Over the last twelve months it generated $384.69 billion in revenue (+10% year over year) and $25.04 billion in free cash flow. The stock trades at 13.6x trailing earnings and 24.2x forward earnings.
- 1-year total return: +10.6% (dividends reinvested)
- 5-year return: +13.4% a year
- 52-week range: $464.01 – $549.96
- Gross margin 30.3%, operating margin 32.6%
- FI Handbook report card: C across 9 metrics
- Largest of 76 Financials stocks in the S&P 500
BRK-B price chart
1Y price change: +10.6% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| BRK-B | +6.9% | +7.9% | +10.6% | +17.2% | +13.4% | +14.2% | +10.9% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1996.
BRK-B key statistics
- Market cap
- $1.2T
- #10 in S&P 500
- P/E (TTM)
- 13.6x
- Forward P/E
- 24.2x
- EPS (TTM)
- $39.76
- Revenue (TTM)
- $384.7B
- +10%
- Free cash flow
- $25.0B
- Gross margin
- 30.3%
- Operating margin
- 32.6%
- Return on equity
- 12.1%
- Dividend yield
- None
- 52-week range
- $464.01 – $549.96
- Beta
- 0.59
- Price / sales
- 3.0x
- EV / EBITDA
- -1.8x
- Debt / equity
- 0.17x
- Employees
- 387,800
BRK-B report card
CTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth10.0%B
- Gross margin30.3%C
- Operating margin32.6%A
- FCF margin6.5%D
- Return on equity12.1%C
- Net debt / EBITDA-1.8xA
- Forward P/E24.2xC
- PEG ratio10.1xF
- Shareholder yield0.0%F
- Share count change / yr——
Berkshire Hathaway financials
Revenue went from $215.1B in fiscal 2016 to $247.2B in fiscal 2025, growing 1.6% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $215.1B | $239.9B | $175.4B | $176.5B | $166.7B | $191.3B | $207.8B | $254.9B | $249.7B | $247.2B |
| Net income | $24.1B | $44.9B | $4.0B | $81.4B | $42.5B | $89.9B | -$22.8B | $96.2B | $89.0B | $67.0B |
| Free cash flow | $19.7B | $34.0B | $22.9B | $22.7B | $26.8B | $26.2B | $21.9B | $29.8B | $11.6B | $25.0B |
| Buybacks | — | — | $1.3B | $4.8B | $24.7B | $27.1B | $7.9B | $9.2B | $2.9B | — |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into BRK-B?
A reverse DCF asks what growth the current price requires. With an enterprise value of $923.8B and $25.0B of trailing free cash flow, Berkshire Hathaway needs to grow free cash flow about 26.3% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew -1.3% a year over the last five years.
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
BRK-B earnings
Next report: November 7, 2026. Berkshire Hathaway has beaten EPS estimates 2 quarters in a row. Last quarter's revenue was $117.9B (+19% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 8, 2026 | $5.13 | $6.03 | +17.4% |
| May 2, 2026 | $5.05 | $5.26 | +4.2% |
| Feb 28, 2026 | $5.17 | $4.73 | -8.5% |
| Nov 1, 2025 | $5.73 | $6.25 | +9.0% |
| Aug 2, 2025 | $5.04 | $5.17 | +2.7% |
| May 3, 2025 | $4.72 | $4.47 | -5.4% |
| Feb 22, 2025 | $4.19 | $6.73 | +60.7% |
| Nov 2, 2024 | $5.28 | $4.68 | -11.3% |
Stocks like BRK-B
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 JPM JP Morgan Chase | -1.47% | +15% | $880.5B | 13.9x | Compare |
 V Visa | -1.55% | +19% | $765.8B | 34.7x | Compare |
 MA Mastercard | -1.52% | +9% | $546.3B | 34.3x | Compare |
 BAC Bank of America | -1.02% | -0% | $350.0B | 12.1x | Compare |
 MS Morgan Stanley | -2.44% | +15% | $280.9B | 14.2x | Compare |
 GS Goldman Sachs | -1.75% | +19% | $255.0B | 12.6x | Compare |
 WFC Wells Fargo & | -0.75% | -0% | $247.3B | 11.6x | Compare |
 AXP American Express | -3.68% | -11% | $210.0B | 19.0x | Compare |
BRK-B news
- Warren Buffett bought this company in 1988 when ‘no one’ wanted it — now it pays Berkshire $848 million a year · Oct 25, 2026
- Berkshire Hathaway Started Buying Back Its Own Stock Again This Year. Should You Buy It at a Record High? · Oct 25, 2026
- Berkshire Hathaway Stock Rose 10 Days in a Row in October for the First Time Since 2018. Here's What History Says Comes Next. · Oct 25, 2026
- Is Berkshire Bending the Rules With Bending Spoons? · Oct 24, 2026
- Jim Cramer warns investors against going all-in on Warren Buffett · Oct 24, 2026
BRK-B stock FAQ
What is BRK-B's market cap?
Berkshire Hathaway's market capitalization is $1.16 trillion as of October 23, 2026, ranking 10th in the S&P 500.
What is BRK-B's P/E ratio?
BRK-B trades at a trailing price-to-earnings ratio of 13.6x and a forward P/E of 24.2x.
Does BRK-B pay a dividend?
No. Berkshire Hathaway does not currently pay a regular cash dividend.
How much has BRK-B stock returned?
Including reinvested dividends, BRK-B returned +10.6% over one year, +13.4% a year over five years, +14.2% a year over ten years through October 23, 2026.
Is BRK-B stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Berkshire Hathaway must grow free cash flow about 26% a year for the next decade. Its free cash flow fell 1% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does BRK-B report earnings?
Berkshire Hathaway is expected to report earnings on November 7, 2026. It has beaten EPS estimates 2 quarters in a row.
How many employees does Berkshire Hathaway have?
Berkshire Hathaway has about 387,800 full-time employees, or $991,973 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology