Berkshire Hathaway Inc. (BRK-B) fundamental analysis

From the Sep 29, 2026 report · Read the full report

Annual income statement

Fiscal year	Revenue	Growth	Gross margin	Operating margin	Net margin	Free cash flow	Diluted EPS
Dec 31, 2025	410.52B	-3.2%	—	—	16.3%	25.04B	31.04
Dec 31, 2024	424.23B	-3.4%	—	—	21.0%	11.62B	41.27
Dec 31, 2023	439.34B	87.7%	—	—	21.9%	29.79B	44.27
Dec 31, 2022	234.12B	—	—	—	-9.7%	21.89B	-10.33

Balance sheet

Jun 30, 2026

Cash and short-term investments: 365.51B
Total debt: 128.6B
Shareholders' equity: 747.91B

Against its sector

	BRK-B	Sector median
Forward P/E	22.7	19
Net margin	22.3%	40.6%
Revenue growth	10.0%	15.6%
ROE	12.1%	39.5%
Debt / equity	17.1	—

From the Sep 29, 2026 report

Berkshire Hathaway's fundamentals reveal a PEG ratio of 10.06, which is significantly above the 1.0 threshold indicating overvaluation. The company's debt-to-equity ratio of 17.14 suggests high leverage, though this metric appears inconsistent with standard financial calculations. The company maintains strong liquidity with a current ratio of 2.89 and a net debt of $87.99B, down from $128.6B in 2024. Berkshire's revenue has grown 10% year-over-year, with a profit margin of 22.3% reflecting robust earnings power despite market volatility.

Frequently asked questions

How fast is BRK-B revenue growing?

Berkshire Hathaway Inc. reported revenue of 410.52B in the fiscal year ended Dec 31, 2025, -3.2% more than the year before.

Data as of Sep 29, 2026. Sources: Yahoo Finance (prices, financial statements and analysts' estimates) and the U.S. Treasury (10-year yield). Indicators and valuation are computed without AI.

AI-generated informational content. Not financial advice or a personalised investment recommendation. Investing involves risk, including loss of capital.

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