Saturday 17 October 2026
Export BRK.B’s income statement to Excel — free account
Berkshire Hathaway Inc.
BRK.B Financial Insurance Diversified
Berkshire Hathaway Inc.’s revenue for fiscal 2025 (year ended December 2025) was $371.4 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 10.0%, EPS grew 107.9%, free cash flow grew 6.56% and total debt rose 1.24%, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.
532.02
6.34
+1.21%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
4 | 6 | 8 | 6 | 8 | 4 | 6 | 7 | 6 | 4 |
P/E ratio |
16.19 | 10.98 | 8.19 | 0.00 | 7.51 | 12.57 | 6.81 | 126.04 | 10.00 | 16.77 |
P/S ratio |
2.92 | 2.63 | 2.16 | 2.26 | 2.45 | 2.26 | 2.18 | 2.03 | 2.03 | 1.88 |
P/FCF ratio |
43.33 | 84.21 | 26.46 | 31.22 | 25.92 | 20.74 | 24.46 | 22.03 | 14.31 | 20.53 |
P/Operating CF |
96.95 | 211.68 | 54.74 | 66.27 | 86.88 | 52.62 | 46.00 | 46.45 | 59.16 | 53.54 |
P/B ratio |
1.51 | 1.50 | 1.39 | 1.42 | 1.32 | 1.23 | 1.30 | 1.43 | 1.38 | 1.42 |
Price to Tangible BV |
1.80 | 1.83 | 1.76 | 1.83 | 1.64 | 1.59 | 1.76 | 2.10 | 2.04 | 2.34 |
EV/Sales |
3.13 | 2.84 | 2.41 | 2.55 | 2.55 | 2.54 | 2.34 | 2.30 | 2.33 | 2.22 |
EV/EBITDA |
7.56 | 5.74 | 4.09 | 0.00 | 3.35 | 4.95 | 3.09 | 351.98 | 14.03 | 10.00 |
EV/Operating CF |
25.28 | 34.49 | 17.86 | 20.62 | 17.85 | 15.69 | 15.37 | 15.27 | 12.20 | 14.64 |
EV/FCF |
46.41 | 90.84 | 29.49 | 35.19 | 26.91 | 23.31 | 26.19 | 24.97 | 16.40 | 24.26 |
Quick Ratio |
0.34 | 0.33 | 0.30 | 0.29 | 0.45 | 0.32 | 0.39 | 0.29 | 0.28 | 0.28 |
Current Ratio |
0.34 | 0.33 | 0.30 | 0.29 | 0.45 | 0.32 | 0.39 | 0.29 | 0.28 | 0.28 |
Net Debt/EBITDA |
0.50 | 0.42 | 0.42 | (1.09) | 0.12 | 0.55 | 0.20 | 41.39 | 1.79 | 1.31 |
Debt/Assets |
10.56% | 10.81% | 11.99% | 12.94% | 11.92% | 13.38% | 12.64% | 13.77% | 14.61% | 16.37% |
Debt/Equity |
0.18 | 0.19 | 0.23 | 0.25 | 0.22 | 0.26 | 0.24 | 0.28 | 0.29 | 0.36 |
Asset Turnover |
0.31 | 0.33 | 0.36 | 0.32 | 0.30 | 0.29 | 0.33 | 0.35 | 0.36 | 0.37 |
Operating CF/Net income |
0.69 | 0.34 | 0.51 | (1.64) | 0.44 | 0.94 | 0.48 | 9.30 | 1.02 | 1.36 |
Capex/Depreciation |
(1.55) | (1.48) | (1.55) | (1.42) | (1.24) | (1.23) | (1.59) | (1.49) | (1.27) | (1.46) |
Interest Coverage |
27.69 | 32.86 | 40.39 | (20.89) | 47.77 | 28.25 | 46.00 | (2.12) | 6.97 | 12.61 |
| 9.77% | 14.60% | 18.34% | (4.57%) | 18.62% | 9.66% | 20.85% | 1.14% | 14.10% | 8.85% | |
| 5.64% | 8.00% | 9.53% | (2.39%) | 9.82% | 5.03% | 10.67% | 0.57% | 6.79% | 4.10% | |
ROIC |
7.94% | 10.13% | 12.09% | (2.53%) | 13.95% | 8.96% | 14.64% | 2.13% | 4.20% | 6.77% |
Return on Tangible Assets |
(166.24%) | (187.45%) | (145.85%) | 30.28% | (1,555.20%) | (83.65%) | (335.45%) | (8.48%) | (90.08%) | (100.14%) |
Average Days of Receivables |
77.19 | 74.87 | 76.05 | 86.40 | 79.71 | 81.82 | 76.50 | 75.86 | 71.00 | 68.54 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
12.14% | 11.20% | 11.50% | 12.18% | 12.06% | 13.41% | 13.61% | 13.68% | 13.85% | 14.46% |
Intangible Assets out of Total Assets |
0.10 | 0.10 | 0.11 | 0.11 | 0.11 | 0.12 | 0.14 | 0.16 | 0.16 | 0.18 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.34) | (0.39) | (0.49) | (0.53) | (0.44) | (0.58) | (0.49) | (0.54) | (0.56) | (0.66) |
Graham Number |
482.53 | 529.53 | 509.72 | 0.00 | 451.03 | 279.72 | 361.51 | 72.16 | 251.54 | 159.47 |
Earnings Yield |
6.18% | 9.10% | 12.21% | (3.33%) | 13.31% | 7.95% | 14.68% | 0.79% | 10.00% | 5.96% |
Free Cash Flow Yield |
2.31% | 1.19% | 3.78% | 3.20% | 3.86% | 4.82% | 4.09% | 4.54% | 6.99% | 4.87% |
Revenue per Share |
172.06 | 172.12 | 167.60 | 136.98 | 121.84 | 102.61 | 103.82 | 100.45 | 97.20 | 87.18 |
Operating CF per Share |
21.29 | 14.18 | 22.62 | 16.94 | 17.39 | 16.62 | 15.77 | 15.16 | 18.52 | 13.23 |
Capex per Share |
(9.69) | (8.79) | (8.92) | (7.01) | (5.86) | (5.44) | (6.52) | (5.89) | (4.74) | (5.25) |
Free Cash Flow per Share |
11.60 | 5.38 | 13.70 | 9.93 | 11.54 | 11.18 | 9.26 | 9.27 | 13.78 | 7.98 |
Cash per Share |
24.03 | 22.12 | 17.48 | 16.24 | 38.90 | 20.05 | 26.17 | 12.31 | 12.79 | 11.37 |
Shareholders Equity per Share |
333.39 | 301.97 | 260.95 | 218.47 | 227.16 | 188.58 | 174.74 | 142.87 | 142.57 | 115.68 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
333.39 | 301.97 | 260.95 | 218.47 | 227.16 | 188.58 | 174.74 | 142.87 | 142.57 | 115.68 |
Free Cash Flow |
25,042.00 | 11,616.00 | 29,787.00 | 21,886.00 | 26,151.00 | 26,761.00 | 22,708.00 | 22,863.00 | 34,020.00 | 19,693.00 |
Working Capital |
(256,909.00) | (252,578.00) | (265,620.00) | (256,553.00) | (182,147.00) | (223,251.00) | (183,547.00) | (199,822.00) | (197,943.00) | (176,814.00) |
Capital Expenditures |
(20,927.00) | (18,976.00) | (19,409.00) | (15,464.00) | (13,276.00) | (13,012.00) | (15,979.00) | (14,537.00) | (11,708.00) | (12,954.00) |
Net Current Asset Value |
(372,042.00) | (378,309.00) | (388,506.00) | (359,480.00) | (295,354.00) | (319,350.00) | (271,629.00) | (273,423.00) | (271,887.00) | (266,981.00) |
EV/EBIT |
8.28 | 6.18 | 4.35 | 0.00 | 3.53 | 5.41 | 3.26 | 0.00 | 18.25 | 10.13 |
Capex to Sales |
0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.05 | 0.06 |
Price to Operating Income |
10.71 | 8.28 | 6.20 | 0.00 | 5.61 | 7.44 | 5.07 | 35.23 | 17.12 | 10.39 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
Cash ROIC |
2.78% | 1.41% | 4.06% | 3.42% | 3.65% | 4.34% | 3.81% | 4.76% | 7.00% | 4.74% |
Accounts Receivable Turnover |
4.80 | 4.88 | 4.94 | 4.58 | 4.79 | 4.53 | 4.86 | 5.05 | 5.51 | 5.63 |
Accounts Payable Turnover |
0.31 | 0.31 | 0.31 | 0.33 | 0.32 | 0.31 | 0.32 | 0.31 | 0.40 | 0.32 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 3.22 | 3.40 | 3.20 | 3.12 | 3.04 | 3.86 | 2.64 |
Average Days of Payables |
1,186.58 | 1,195.58 | 1,199.29 | 1,179.79 | 1,155.58 | 1,221.70 | 1,190.04 | 1,213.66 | 992.76 | 1,198.16 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
77,371.00 | 76,064.50 | 73,717.00 | 65,904.50 | 57,684.50 | 54,207.50 | 52,436.00 | 49,090.50 | 43,534.00 | 38,236.00 |
Average Payables |
254,996.00 | 251,522.50 | 246,212.50 | 228,749.00 | 212,892.00 | 203,557.50 | 190,959.50 | 178,906.50 | 158,612.50 | 137,919.00 |
Average Inventory |
— | — | — | 23,160.00 | 20,081.00 | 19,530.00 | 19,460.50 | 18,217.50 | 16,546.50 | 16,546.50 |
Average Assets |
1,188,028.50 | 1,111,929.50 | 1,009,221.50 | 953,624.50 | 916,256.50 | 845,729.00 | 762,761.50 | 704,944.50 | 661,474.50 | 586,555.50 |
Average Common Equity |
685,679.00 | 609,582.00 | 524,595.00 | 498,305.50 | 483,133.00 | 439,949.50 | 390,531.50 | 352,227.00 | 318,691.00 | 272,027.50 |
Columns are period end dates