(BRK-B) Berkshire Hathaway - Overview
Sector: Financial Services | Industry: Insurance - Diversified | Exchange: NYSE (USA) | Market Cap: 1.041.113m USD | Total Return: -6.2% in 12m
Industry Rotation: +5.2
Avg Turnover: 2.38B
EPS Trend: 68.5%
Qual. Beats: 0
Rev. Trend: -8.1%
Qual. Beats: 1
Warnings
Choppy
Tailwinds
No distinct edge detected
Berkshire Hathaway Inc. is a diversified holding company headquartered in Omaha, Nebraska, operating across a wide range of industrial and consumer sectors. Its core operations include insurance and reinsurance, freight rail transportation through BNSF, and extensive utility and energy infrastructure. The company’s business model relies on utilizing the float from its insurance operations-premiums collected before claims are paid-to fund acquisitions and capital investments.
The firm maintains a vast manufacturing and retail footprint, producing everything from aerospace components and specialty chemicals to confectionery and residential housing. Its portfolio also encompasses service-oriented businesses, including aviation training and electronic component distribution. As a conglomerate, Berkshire Hathaway operates with a decentralized management structure, allowing individual subsidiaries to maintain operational autonomy while benefiting from the parent companys capital strength.
Investors can further explore these diversified holdings and valuation metrics on ValueRay.
- Insurance underwriting profitability and float growth drive core capital allocation
- Rising interest rates increase investment income on massive cash reserves
- BNSF railroad freight volumes reflect broader North American industrial economic activity
- Regulatory shifts in utility pricing impact Berkshire Hathaway Energy margins
- Performance of the concentrated equity portfolio influences quarterly book value changes
| Net Income: 72.47b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.87 > 1.0 |
| NWC/Revenue: 103.0% < 20% (prev 102.5%; Δ 0.53% < -1%) |
| CFO/TA 0.04 > 3% & CFO 45.50b > Net Income 72.47b |
| Net Debt (-251.27b) to EBITDA (75.43b): -3.33 < 3 |
| Current Ratio: 4.27 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.16b) vs 12m ago -0.01% < -2% |
| Gross Margin: 25.14% > 18% (prev 0.35%; Δ 2.48k% > 0.5%) |
| Asset Turnover: 31.07% > 50% (prev 31.88%; Δ -0.82% > 0%) |
| Interest Coverage Ratio: 14.77 > 6 (EBITDA TTM 75.43b / Interest Expense TTM 4.18b) |
| A: 0.31 (Total Current Assets 504.77b - Total Current Liabilities 118.09b) / Total Assets 1252.27b |
| B: 0.62 (Retained Earnings 773.29b / Total Assets 1252.27b) |
| C: 0.05 (EBIT TTM 61.71b / Avg Total Assets 1208.40b) |
| D: 1.47 (Book Value of Equity 770.79b / Total Liabilities 522.82b) |
| Altman-Z'' Score: 5.93 = AAA |
| DSRI: 1.01 (Receivables 81.86b/79.82b, Revenue 375.39b/371.29b) |
| GMI: 1.39 (GM 25.14% / 34.99%) |
| AQI: 0.96 (AQ_t 0.40 / AQ_t-1 0.42) |
| SGI: 1.01 (Revenue 375.39b / 371.29b) |
| TATA: 0.02 (NI 72.47b - CFO 45.50b) / TA 1252.27b) |
| Beneish M-Score: -2.65 (Cap -4..+1) = A |
Over the past week, the price has changed by -0.93%, over one month by +1.78%, over three months by -3.32% and over the past year by -6.23%.
- StrongBuy: 2
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 520.3 | 8.3% |
P/E Forward = 22.5734
P/S = 2.7734
P/B = 1.4117
P/EG = 10.0559
Revenue TTM = 375.39b USD
EBIT TTM = 61.71b USD
EBITDA TTM = 75.43b USD
Long Term Debt = 126.64b USD (from longTermDebt, last quarter)
Short Term Debt = 17.23b USD (from shortTermDebt, last quarter)
Debt = 146.12b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -251.27b USD (recalculated: Debt 146.12b - CCE 397.38b)
Enterprise Value = 789.85b USD (1041.11b + Debt 146.12b - CCE 397.38b)
Interest Coverage Ratio = 14.77 (Ebit TTM 61.71b / Interest Expense TTM 4.18b)
EV/FCF = 33.09x (Enterprise Value 789.85b / FCF TTM 23.87b)
FCF Yield = 3.02% (FCF TTM 23.87b / Enterprise Value 789.85b)
FCF Margin = 6.36% (FCF TTM 23.87b / Revenue TTM 375.39b)
Net Margin = 19.31% (Net Income TTM 72.47b / Revenue TTM 375.39b)
Gross Margin = 25.14% ((Revenue TTM 375.39b - Cost of Revenue TTM 281.04b) / Revenue TTM)
Gross Margin QoQ = 28.80% (prev 23.01%)
Tobins Q-Ratio = 0.63 (Enterprise Value 789.85b / Total Assets 1252.27b)
Interest Expense / Debt = 0.89% (Interest Expense 1.30b / Debt 146.12b)
Taxrate = 17.37% (2.14b / 12.32b)
NOPAT = 50.99b (EBIT 61.71b * (1 - 17.37%))
Current Ratio = 4.27 (Total Current Assets 504.77b / Total Current Liabilities 118.09b)
Debt / Equity = 0.20 (Debt 146.12b / totalStockholderEquity, last quarter 727.18b)
Debt / EBITDA = -3.33 (Net Debt -251.27b / EBITDA 75.43b)
Debt / FCF = -10.53 (Net Debt -251.27b / FCF TTM 23.87b)
Total Stockholder Equity = 702.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.00% (Net Income 72.47b / Total Assets 1252.27b)
RoE = 10.31% (Net Income TTM 72.47b / Total Stockholder Equity 702.69b)
RoCE = 7.44% (EBIT 61.71b / Capital Employed (Equity 702.69b + L.T.Debt 126.64b))
RoIC = 6.12% (NOPAT 50.99b / Invested Capital 832.53b)
WACC = 5.66% (E(1041.11b)/V(1187.23b) * Re(6.35%) + D(146.12b)/V(1187.23b) * Rd(0.89%) * (1-Tc(0.17)))
Discount Rate = 6.35% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: -9.20 | Cagr: -0.33%
[DCF] Terminal Value 88.42% ; FCFF base≈19.15b ; Y1≈23.57b ; Y5≈39.99b
[DCF] Fair Price = 1.01k (EV 1160.34b - Net Debt -251.27b = Equity 1411.60b / Shares 1.40b; r=6.0% [WACC]; 5y FCF grow 24.68% → 3.0% )
EPS Correlation: 68.51 | EPS CAGR: 6.12% | SUE: -0.05 | # QB: 0
Revenue Correlation: -8.08 | Revenue CAGR: 5.67% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-06-30): EPS=5.01 | Chg30d=-1.10% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=5.30 | Chg30d=+0.04% | Revisions=-20% | Analysts=2
EPS current Year (2026-12-31): EPS=20.39 | Chg30d=-1.17% | Revisions=+0% | GrowthEPS=-1.1% | GrowthRev=+4.3%
EPS next Year (2027-12-31): EPS=21.31 | Chg30d=-2.05% | Revisions=-33% | GrowthEPS=+4.5% | GrowthRev=+3.5%
[Analyst] Revisions Ratio: -33%