Pricing Log in Create free account
Friday 6 November 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.

Revenue
+10.0%
EPS
+107.9%
Free cash flow
+6.56%
Total debt
+1.24%

Quarter to June 2026, against a year earlier

574.45 2.12 +0.37%
Market cap
$1.23T
P/E
14.4×
Fwd P/E
25.6×
Dividend yield
—
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Berkshire Hathaway Inc. (BRK.B) valuation and DCF model

What the price implies · reverse DCF

Berkshire Hathaway Inc. is not valued here: a bank or insurer is valued on its dividend, and it pays none.

Last 5 years, reported
−8.8%
Last 10 years, reported
0.5%

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Insurance Diversified).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E 14.39× 11.45× 22.95× 37% below 11.57× 24% above
P/FCF 50.94× 47.23× 34.36× 48% above 6.58× 675% above
P/B 1.64× 1.49× 1.41× 16% above 1.64× 0% above
EV/EBITDA — 5.14× 44.98× — 3.38× —
EV/Sales — 2.70× 2.52× — 3.90× —
P/E P/FCF P/B EV/EBITDA EV/Sales
1.21×1.35×1.50×1.65×10Y avg 1.41×2017201820192020202120222023202420252026

BRK.B trades at 1.64× P/B, against a 10-year average of 1.41× (range 1.23×–1.64×). That is dearer than 100% of the last 9 year-end readings; re-rating to the average implies $493.12 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.