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Financials · S&P 500 · data as of 2026-10-05

BRK.B stock analysis: Berkshire Hathaway

Berkshire Hathaway (BRK.B) is an S&P 500 company in Multi-Sector Holdings. It grades weakest on profitability.

The model's view of BRK.B · subscribers

Where BRK.B ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with BRK.B · updated 2026-10-05 · from prices and SEC filings

BRK.B price performance

BRK.B against the S&P 500, one year
+0%+10%+20%S&P 500 +18%BRK.B +1%2025-09-292026-10-05
Year to date+0.3%S&P 500 +14.5% · behind by 14.2 pts
1 year+1.1%S&P 500 +17.0% · behind by 15.9 pts
3 years+46.1%S&P 500 +89.3% · behind by 43.1 pts
5 years+81.4%S&P 500 +91.3% · behind by 10.0 pts

Total returns with dividends reinvested.

BRK.B factor grades

Each grade compares BRK.B with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

–ValueFCF yield 2.2% (sector 7.3%)
B-GrowthRevenue growth +4% (sector +8%)
DProfitability
B+Momentum12-month change +1%From 52-wk high -5%

BRK.B in plain numbers

BRK.B key statistics

SectorFinancials
IndustryMulti-Sector Holdings
IndexS&P 500
Market valuen/a
Revenue growth (y/y)+4%
Free-cash-flow yield2.2%
Dividend yieldn/a
Next earnings (expected)2026-11-02
Valuation measures
Price / sales2.8x
Financial highlights
Revenue, last 12 months$384.7B
Net income, last 12 months$85.8B
Net margin22.3%
Return on equity12.1%
Cash$41.4B
Total debt$0
Free cash flow, last 12 months$24.2B

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

BRK.B earnings trends

Revenue vs earnings
$0$25.5B$50.9B$76.4B$101.8BSep 2024 Revenue: $93.0BDec 2024 Revenue: $94.9BMar 2025 Revenue: $89.7BJun 2025 Revenue: $92.5BSep 2025 Revenue: $95.0BDec 2025 Revenue: $94.2BMar 2026 Revenue: $93.7BJun 2026 Revenue: $101.8BSep 2024 Net income: $26.3BDec 2024 Net income: $19.7BMar 2025 Net income: $4.6BJun 2025 Net income: $12.4BSep 2025 Net income: $30.8BDec 2025 Net income: $19.2BMar 2026 Net income: $10.1BJun 2026 Net income: $25.7BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 28.2%Net margin: 20.7%Net margin: 5.1%Net margin: 13.4%Net margin: 32.4%Net margin: 20.4%Net margin: 10.8%Net margin: 25.2%0%16%32%■ Revenue ■ Net income ━ Net margin

From the company's 10-Q and 10-K filings with the SEC.

Berkshire Hathaway financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$276.1B$302.1B$364.5B$371.4B$371.4B
Net income$89.8B-$22.8B$96.2B$89.0B$67.0B
Free cash flow$26.1B$21.8B$29.8B$11.6B$25.0B

BRK.B earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-11n/an/a+10%-3.6%
2026-05-07n/an/a+4%+0.8%
2026-03-02n/an/a-1%-3.8%
2025-11-03n/an/a+2%+3.1%
2025-08-04n/an/a-1%-2.8%
2025-05-06n/an/a-0%+1.6%

About Berkshire Hathaway

HeadquartersOmaha, NE
Industry (SEC code)Fire, Marine & Casualty Insurance
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE, NYSE
FormerlyNBH INC

From the company's SEC registration record.

Companies similar to BRK.B

CompanyMarket valueP/ERevenue growthOperating margin12-month change
BRK.B Berkshire Hathawayn/an/a+4%n/a+1%
ACGL Arch Capital$32.2B7.4x+0%n/a+4%compare
AFL Aflac$56.3B12.1x+14%n/a+2%compare
AIG AIG$39.3B13.7x-4%n/a-5%compare
AIZ Assurant$13.1B12.7x+9%n/a+23%
AJG Arthur J. Gallagher$58.2B37.7x+26%n/a-26%
ALL Allstate$56.8B4.5x+6%n/a+9%

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Frequently asked questions

Is BRK.B stock a buy?

Torvanta does not tell individuals what to buy. Its grades for BRK.B are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

When does BRK.B report earnings next?

Based on its filing history, Torvanta expects Berkshire Hathaway to report around 2026-11-02.

How has BRK.B performed against the S&P 500?

Over the past year BRK.B returned +1.1%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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