Warren Buffett's multinational conglomerate holding company with diverse investments in insurance, railroads, utilities, and manufacturing.
Profile & Fundamentals
Berkshire Hathaway: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Berkshire Hathaway Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Berkshire Hathaway Inc., together with its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses. The company provides property, casualty, life, accident, and health insurance and reinsurance; operates railroad systems in North America; generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. It manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; prefabricated and site-built residential homes, flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. In addition, the company provides recreational vehicles, apparel, footwear, toys, jewelry, custom picture framing products, alkaline batteries, logistics services, and professional aviation training and shared aircraft ownership programs; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Further, it distributes televisions and information, and grocery and non-food consumer products; franchises and services quick service restaurants; and distributes electronic components. Additionally, it retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and floor coverings; watches, home decor and repair services; sells kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.
Company profile record
Berkshire Hathaway Inc
Common Stock · Financials · Diversified Financial Services
Company
- Company / asset
- Berkshire Hathaway Inc
- Security type
- Common Stock
- Sector
- Financials
- Industry
- Diversified Financial Services
- HQ
- 🇺🇸 United States
- Head office
- 3555 Farnam Street, Omaha, NE, United States, 68131
Leadership & scale
- Chief executive
- Mr. Gregory Edward Abel
- CEO year born
- 1962
- Full-time employees
- 387.8K
- Fiscal year end
- December
- IPO date
- 1996-05-09
Fundamentals snapshot
- Market Cap
- USD 1.09T
- P/E
- 12.7x
- Revenue (Q2 26)
- USD 101.8B
- Profit (Q2 26)
- USD 25.7B
- Dividend Yield
- --
- Revenue (FY 25)
- USD 371.4B
- Shares in public float
- 1.2B
- Insider ownership
- 0.27%
Reporting & identifiers
- Symbol
- BRK.B.NYSE
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US0846707026
- Asset ID
- equity_628f5fe4-f60d-5d5d-bd82-f21429c69b5c
Ownership
Shares Outstanding
Latest: 2.2B | Max: 2.5B | Min: 2.2B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
57.26%
1.2B latest reported shares
Insider Ownership
0.27%
Latest reported insider stake
Short Float
0.01%
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 2,467,269,000 |
| 2018-01-01 | 2,459,730,300 |
| 2019-01-01 | 2,434,332,300 |
| 2020-01-01 | 2,299,924,900 |
| 2021-01-01 | 2,254,518,400 |
| 2022-01-01 | 2,195,134,000 |
| 2023-01-01 | 2,173,319,700 |
| 2024-01-01 | 2,157,034,000 |
| 2025-01-01 | 2,157,335,000 |
| 2026-01-01 | 2,154,664,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Berkshire's underlying earnings engine displays remarkable operational health, generating roughly $62.5 billion in trailing twelve-month operating income. While reported GAAP net income experiences wild swings due to paper gains and losses in the stock portfolio, real cash flow from wholly owned subsidiaries remains exceptionally durable. Operating profitability is anchored by substantial Treasury interest income and resilient results across manufacturing and railroad operations. The key insight for investors is that headline accounting figures obscure this steady operating reality. Cash flow from operations reached $21.7 billion in the first half of 2026, proving that day-to-day business operations generate immense liquidity independently of public stock market volatility.
Berkshire's underlying earnings engine displays remarkable operational health, generating roughly $62.5 billion in trailing twelve-month operating income. While reported GAAP net income experiences wild swings due to paper gains and losses in the stock portfolio, real cash flow from wholly owned subsidiaries remains exceptionally durable. Operating profitability is anchored by substantial Treasury interest income and resilient results across manufacturing and railroad operations. The key insight for investors is that headline accounting figures obscure this steady operating reality. Cash flow from operations reached $21.7 billion in the first half of 2026, proving that day-to-day business operations generate immense liquidity independently of public stock market volatility.
Revenue, Net Income, and Free Cash Flow
Latest: USD 371.4B | Max: USD 371.4B | Min: USD -22.8B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 16x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Consolidated operating margins remain solid near 16%, supported by pricing power across specialized manufacturing and regulated utility tariffs that pass through fuel and material inflation. While personal auto insurance margins face periodic pressure from repair cost inflation and accident claims, disciplined underwriting pricing protects long-term float generation. High risk-free yields on cash reserves further boost consolidated profit margins, creating a dependable financial cushion that offset cyclical freight volume pauses. Overall profit margins reflect a well-balanced business mix capable of defending earning power across varied economic environments.
Consolidated operating margins remain solid near 16%, supported by pricing power across specialized manufacturing and regulated utility tariffs that pass through fuel and material inflation. While personal auto insurance margins face periodic pressure from repair cost inflation and accident claims, disciplined underwriting pricing protects long-term float generation. High risk-free yields on cash reserves further boost consolidated profit margins, creating a dependable financial cushion that offset cyclical freight volume pauses. Overall profit margins reflect a well-balanced business mix capable of defending earning power across varied economic environments.
Profitability Margins
Latest: 23.6% | Max: >100.0% | Min: -7.6%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
23.6%
Gross profit / revenue
Operating Margin
15.9%
Operating income / revenue
Net Margin
18.0%
Net income / revenue
FCF Margin
6.7%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 223,604,000,000 | 24,074,000,000 | 19,581,000,000 |
| 2017-12-31 | 242,137,000,000 | 44,940,000,000 | 34,068,000,000 |
| 2018-12-31 | 247,837,000,000 | 4,021,000,000 | 22,863,000,000 |
| 2019-12-31 | 254,616,000,000 | 81,417,000,000 | 22,708,000,000 |
| 2020-12-31 | 245,510,000,000 | 42,521,000,000 | 26,761,000,000 |
| 2021-12-31 | 354,636,000,000 | 89,795,000,000 | 26,145,000,000 |
| 2022-12-31 | 302,089,000,000 | -22,819,000,000 | 21,760,000,000 |
| 2023-12-31 | 364,482,000,000 | 96,223,000,000 | 29,787,000,000 |
| 2024-12-31 | 371,433,000,000 | 88,995,000,000 | 11,616,000,000 |
| 2025-12-31 | 371,444,000,000 | 66,968,000,000 | 25,042,000,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 16.19 | Trailing four quarters |
| 2024-12-31 | 10.99 | Trailing four quarters |
| 2023-12-31 | 8.06 | Trailing four quarters |
| 2021-12-31 | 7.51 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 100 | 15.06 | 10.77 | 8.76 |
| 2017-12-31 | 100 | 9.84 | 18.56 | 14.07 |
| 2018-12-31 | 100 | 10.67 | 1.62 | 9.23 |
| 2019-12-31 | 128.52 | 41.74 | 31.98 | 8.92 |
| 2020-12-31 | 116.6 | 24.05 | 17.32 | 10.9 |
| 2021-12-31 | 100 | 31.49 | 25.32 | 7.37 |
| 2022-12-31 | 58.85 | 12.35 | -7.55 | 7.2 |
| 2023-12-31 | 19.46 | 13.2 | 26.4 | 8.17 |
| 2024-12-31 | 23.31 | 16 | 23.96 | 3.13 |
| 2025-12-31 | 23.63 | 15.85 | 18.03 | 6.74 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-22.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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