Berkshire Hathaway Inc.BRK-B
NYSE•Financial Services•Insurance - Diversified
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.
Berkshire Hathaway Inc. New (BRK-B) reported trailing twelve months revenue of $375.39B as of March 2026, a 1.1% increase year-over-year. Quarterly revenue reached $93.67B, reflecting continued top-line momentum.
Berkshire Hathaway Inc. New generated $72.47B in TTM net income, with quarterly EBITDA of $17.26B. The operating margin expanded from 12.8% to 14.7%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (14.7%) and net margin (10.8%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 5.1% a year ago, signaling stronger bottom-line efficiency.
BRK-B trades at a P/E of 0.0x (below the broader market average) and a P/S of 0.0x. The price-to-book ratio of 0.0x suggests the stock trades below its book value.
The company generated $5.45B in free cash flow over the trailing twelve months, a 17.7% decrease year-over-year, indicating cash generation ability. The balance sheet shows $1.25T in total assets with no in long-term debt against $727.18B in stockholders equity. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are stable at ~14.6%, suggesting durable pricing power and cost discipline.
ROE is positive at ~11.6% on average, adequate but below the threshold typically associated with wide moats.
6 of the last 8 quarters generated positive FCF. The company generally funds itself but has occasional cash consumption quarters.
Revenue has grown modestly overall (~1.4%) but trajectory is uneven, suggesting a competitive or cyclical business.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~14.7% — no sign of cost or pricing stress.
FCF consistently trails net income (avg 0.4x) — earnings may be inflated by non-cash items or aggressive accounting.
Limited debt-to-equity data available.
Revenue is stable or growing over recent quarters — demand appears durable.
FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.
Share count is stable — no significant dilution or buyback activity.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation