StockCV
BERKSHIRE HATHAWAY Class B logo

Berkshire Hathaway

Fire, Marine & Casualty Insurance

$515.60
+0.89%
Market cap $1.10T

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group.

It is a $1.10T financial services company. Revenue grew 0.0% over the last year, and it keeps 18¢ of every dollar of sales as profit. It trades at 11.6× earnings.

Location
Omaha, NE
Employees
387 800
Sector
Financial Services
Founded
1965

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation37Growth12Profitability56Health65Quality39Moat58

Valuation, Growth and Quality lag behind.

Valuation37
  • P/E vs own history99th pct · 0/25
  • FCF yield2.2% · 5/25
  • P/S2.6x · 20/25
  • EV/EBITDA16.1x · 12/25
Growth12
  • Revenue CAGR7.7% · 12/25
  • Net income CAGR-7.1% · 0/25
  • EPS CAGR ~5Y-6.0% · 0/25
  • Fwd implied growth-50.0% · 0/25
Profitability56
  • ROIC13.0% · 12/25
  • ROE11.9% · 12/25
  • Net margin18.0% · 20/25
  • Operating margin13.9% · 12/25
Health65
  • Altman Z3.01 · 25/25
  • Current ratio1.23 · 12/25
  • Interest coverage0.6x · 3/25
  • Net cash / debtNet cash · 25/25
Quality39
  • Piotroski F3/9 · 5/25
  • Beneish M-2.27 · 20/25
  • FCF conversion36% · 8/25
  • Margin stabilityσ 17.7% · 6/25
Moat58
  • ROIC >12% years4/5 yrs · 20/25
  • Median gross margin30.6% · 13/25
  • FCF-positive years5/5 yrs · 25/25
  • Worst-year net marginworst -7.5% · 0/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. Jan 1, 2026Milestone
    Greg Abel becomes CEO
    Buffett hands over after six decades
  2. 2024Milestone
    Berkshire Hathaway became the eighth largest U.S
  3. FY2023Financial
    Best year on record
    $96.2B net income
  4. FY2021Financial
    First recorded profitable year
    $89.9B net income
  5. FY2021Financial
    Revenue already above $100B
    $276B in first reported year
  6. FY2021Financial
    Positive free cash flow every year since
    5-year streak
  7. 2020Acquisition
    Lee Enterprises acquired BH Media Group's publications and The Buffalo News for $140 million in cash,…
  8. 2019Acquisition
    Between September 2019 and August 2020, Berkshire bought more than 5% of the outstanding stock of each of the five…
  9. Oct 2, 2014Acquisition
    Berkshire Hathaway Automotive, an auto dealership subsidiary, was created through the…
  10. 2013Acquisition
    The company bought the Tulsa World, the Greensboro, North Carolina-based News & Record, Virginia's Roanoke…
  11. Feb 12, 2010Acquisition
    Acquired BNSF Railway
    $34B — "a bet on America"
  12. 2002Acquisition
    Berkshire acquired The Pampered Chef, the largest direct seller of kitchen tools in the United States
  13. 2000Acquisition
    CORT Business Services Corporation was acquired in February 2000 by Wesco Financial Corporation, an 80.1% owned…
  14. 1996Acquisition
    Acquired GEICO outright
    $2.3B for the half it didn't own
  15. 1988Milestone
    Builds the Coca-Cola stake
    the $1B position that became a legend of buy-and-hold
  16. 1967Acquisition
    Berkshire acquired National Indemnity Company, based in Omaha, Nebraska, for $8.6 million in the…
  17. May 10, 1965Founded
    Buffett takes control
    bought a failing textile mill — his biggest "mistake" became the vehicle

Achievements

Verifiable track record, straight from the reported numbers.

#2 largest of 129 Financial Services companies by market cap
$10 000 invested in 2021 would be worth ~$18 573 today — price return only
$371.4B revenue in FY2025
Profitable 3 years in a row
Positive free cash flow 5 years in a row
387 800 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • Net cash position after subtracting debt from cash
  • Altman Z-Score 3.01 — low bankruptcy-risk zone

Watch-outs

  • Thin interest coverage (0.6×)
  • Loss-making in 1 of the recent years

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 10 checks passed
  • Revenue growing+0.0% YoY
  • Profitable$67.0B FY2025
  • Profit growing+11.8% YoY
  • Generates cash$24.2B FY2025
  • Debt under controlmore cash than debt
  • Established company$1.10T market cap
  • Not printing shares-4.8% shares over ~5y
  • Proven track record4/5 profitable years
  • Financially stableAltman Z 3.0 — safe
  • Pays a dividendno data
  • Valuation not extremeP/E 11.6
Peer comparisonBerkshire Hathaway vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
BRK.B this company$1.1T11.6+0.0%18.0%Strong
BRK.A Berkshire Hathaway Inc.$1.1T11.6+3.9%22.3%Mixed
JPM JPMorgan Chase & Co.$886.2B13.6+13.5%32.6%Strained
V VISA Inc.$723.9B31.9+14.4%50.8%Solid
MA Mastercard Incorporated$516.4B31.7+16.0%46.3%Mixed
BAC Bank of America Corporation$380.4B11.3+15.9%27.8%Mixed
MS Morgan Stanley$299.6B14.8+18.0%25.8%Strained

Head-to-head: BRK.B vs BRK.A · BRK.B vs JPM · BRK.B vs V

References

What covering analysts publish about the company — information only, not a recommendation.

Buy 1Hold 3Sell 3Strong sell 3

Appendix · Financial records

The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of BRK.B on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $515.60 · market cap $1.10T.