Berkshire Hathaway
BRK.B stock analysis · Financials · Multi-Sector Holdings
As of · fund-implied per-share value
Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.
View SEC fund filing ↗B-equivalent common shares: Class A × 1,500 + Class B; valued at BRK.B price. Shares measured 2026-06-30. Approximate; share and price dates can differ.
View share-count filing ↗DCF value
Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.
How this is calculated ↗Reverse DCF
Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.
How this is calculated ↗Relative valuation
69 sector peers · median 17.1×
How this is calculated ↗Historical multiples
3 annual observations · snapshot P/E 16.0× · 31.7% versus history
How this is calculated ↗Free cash flow yield
Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.
How this is calculated ↗ROIC / quality
Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.
How this is calculated ↗Value composite
Requires three valuation yields and at least five covered sector peers.
How this is calculated ↗12–1 price momentum
Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.
How this is calculated ↗Asset growth
Annual basis · read assumptions below
How this is calculated ↗Net payout yield
Requires reported dividends, repurchases and issuance; missing values are not zero.
How this is calculated ↗Accrual quality
Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.
How this is calculated ↗Fundamental momentum
Requires two adjacent years of revenue, operating income and cash flow.
How this is calculated ↗Follow the cash
ANNUAL · USDOperating cash flow and reinvestment over time
Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.
Make the assumptions yours
How sensitive is the valuation?
| Return / Growth | 3.0% | 5.0% | 7.0% |
|---|---|---|---|
| 8.0% | — | — | — |
| 10.0% | — | — | — |
| 12.0% | — | — | — |
Annual financial history
Open SEC filings ↗| Fiscal year-end | Revenue | Net income | Operating cash flow | Capital expenditure | Assets |
|---|---|---|---|---|---|
| 2025-12-31 | 247.2B | 67.3B | 46B | 20.9B | 1.2T |
| 2024-12-31 | 249.7B | 89.6B | 30.6B | 19B | 1.2T |
| 2023-12-31 | 254.9B | 97.1B | 49.2B | 19.4B | 1.1T |
| 2022-12-31 | 207.8B | -22B | 37.4B | 15.5B | 948.5B |
| 2021-12-31 | 191.3B | 90.9B | 39.4B | 13.3B | 959.4B |
| 2020-12-31 | 166.7B | 43.3B | 39.8B | 13B | 873.7B |
| 2019-12-31 | 176.5B | 81.8B | 38.7B | 16B | 817.7B |
| 2018-12-31 | 175.4B | 4.3B | 37.4B | 14.5B | 707.8B |
USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.
Trace the inputs
MODEL ANNUAL PERIOD| Input | Value | SEC tag / source | Filed |
|---|---|---|---|
| revenue | 247.2B | RevenueFromContractWithCustomerExcludingAssessedTax | 2026-03-02 |
| netIncome | 67.3B | ProfitLoss Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-03-02 |
| Parent/common earnings proxy | 67B | NetIncomeLoss | 2026-03-02 |
| cfo | 46B | NetCashProvidedByUsedInOperatingActivities | 2026-03-02 |
| capex | 20.9B | PaymentsToAcquirePropertyPlantAndEquipment | 2026-03-02 |
| operatingIncome | — | Not reported under a supported tag | — |
| assets | 1.2T | Assets | 2026-03-02 |
| equity | 719.7B | StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest Explicit consolidated amount, including the portion attributable to noncontrolling interests. | 2026-03-02 |
| Parent book equity proxy | 717.4B | StockholdersEquity | 2026-03-02 |
| debt | — | Not reported under a supported tag | — |
| shortDebt | — | Not reported under a supported tag | — |
| cash | 52.6B | CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents | 2026-03-02 |
| shares | — | Not reported under a supported tag | — |
| dividends | — | Not reported under a supported tag | — |
| buybacks | — | Not reported under a supported tag | — |
| issuance | — | Not reported under a supported tag | — |