Berkshire Hathaway (BRK.B) Stock Overview
Engages in the insurance, freight rail transportation, and utility businesses. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
BRK.B Community Fair Values
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Thinking on BRKB
I wanted to share what I am doing and how I think about BRKB. I am concentrated in 8 companies.
View narrativeUS$669.76k
FV
99.9% undervalued intrinsic discount6.21%
Revenue growth p.a.
905
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Berkshire Hathaway Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$482.70 |
| 52 Week High | US$516.85 |
| 52 Week Low | US$455.19 |
| Beta | 0.62 |
| 1 Month Change | 1.82% |
| 3 Month Change | -2.98% |
| 1 Year Change | -6.15% |
| 3 Year Change | 46.10% |
| 5 Year Change | 67.76% |
| Change since IPO | 1,980.60% |
Recent News & Updates
Seeking Alpha • May 07
Berkshire Hathaway: Greg Abel Wins Big In Q1
Summary Berkshire Hathaway Inc. delivered strong Q1 2026 operating earnings despite missing analysts' consensus estimates of revenue and EPS. Insurance segment underwriting profit surged 23.5%, while the railroad segment posted 13.4% earnings growth, highlighting robust core operations. New CEO Greg Abel scored a major operational win in Q1, with strong performances in both insurance and BNSF. Warren Buffett gave Abel a vote of confidence in an interview not long after earnings came out. That also bodes well for Abel's tenure. I am raising my BRK.B rating to a Strong Buy, citing improved profitability, increased risk management, and strong execution supporting future growth. Read the full article on Seeking Alpha
New Narrative • May 02
Thinking on BRKB
I wanted to share what I am doing and how I think about BRKB. I am concentrated in 8 companies.
New Narrative • Feb 16
The "Abel Era" and the $382 Billion War Chest
From Stock-Picking to Operational Rigor While Buffett was the world’s greatest capital allocator, Greg Abel is fundamentally an operational master. Having risen through Berkshire Hathaway Energy (BHE), Abel’s 2026 mandate is to extract more efficiency from the "Big Four" pillars (Insurance, BNSF, BHE, and Manufacturing).Recent updates
Seeking Alpha • May 07
Berkshire Hathaway: Greg Abel Wins Big In Q1
Summary Berkshire Hathaway Inc. delivered strong Q1 2026 operating earnings despite missing analysts' consensus estimates of revenue and EPS. Insurance segment underwriting profit surged 23.5%, while the railroad segment posted 13.4% earnings growth, highlighting robust core operations. New CEO Greg Abel scored a major operational win in Q1, with strong performances in both insurance and BNSF. Warren Buffett gave Abel a vote of confidence in an interview not long after earnings came out. That also bodes well for Abel's tenure. I am raising my BRK.B rating to a Strong Buy, citing improved profitability, increased risk management, and strong execution supporting future growth. Read the full article on Seeking AlphaNew Narrative • May 02
Thinking on BRKB
I wanted to share what I am doing and how I think about BRKB. I am concentrated in 8 companies.New Narrative • Feb 16
The "Abel Era" and the $382 Billion War Chest
From Stock-Picking to Operational Rigor While Buffett was the world’s greatest capital allocator, Greg Abel is fundamentally an operational master. Having risen through Berkshire Hathaway Energy (BHE), Abel’s 2026 mandate is to extract more efficiency from the "Big Four" pillars (Insurance, BNSF, BHE, and Manufacturing).Seeking Alpha • Apr 21
Berkshire Hathaway: Buffett Is Doing Much More Than Selling
Summary Berkshire Hathaway has strategically repositioned its portfolio, focusing on sectors that will do well over the next decade. The portfolio's tilt towards defensive stocks and T-bills suggests to me that Buffett is preparing for a 70s-like environment with higher inflation and a weak dollar. While risks remain, I believe Berkshire's strategy is well-suited for the anticipated period of elevated inflation and market volatility. Read the full article on Seeking AlphaSeeking Alpha • Mar 26
Berkshire Hathaway: Never Or Later, But Not Now (Rating Downgrade)
Summary Berkshire Hathaway Inc. is a resilient stock, often viewed as a bond proxy or a fund alternative, offering predictable returns through conservative investments and efficient capital allocation. The company benefits from the exceptional track record of Warren Buffett and Charlie Munger, and the unique advantage of insurance float, enabling low-cost capital operations. Key risks include valuation premium, scale limitations, and opportunity costs, particularly in missing out on smaller, high-growth investments. Valuation is complex; the price-to-book ratio suggests BRK.B is currently overvalued, advising investors to wait for a better entry point despite its strong fundamentals. Read the full article on Seeking AlphaSeeking Alpha • Mar 17
Berkshire Hathaway: 3 Reasons To Buy
Summary Berkshire Hathaway's large cash mix offers an opportunity for value addition during a market downturn, especially if the dry powder is deployed well. The insurance business is thriving, with revenues growing in the double digits and EBIT margins above 25%. The outlook is bright, driven by pricing and volume tailwinds. Expansionary manufacturing and servicing PMIs bode well for Berkshire's wholly owned subsidiaries that make up more than half of operating EBIT. Valuations are at a premium vs historical median levels, but it may be acceptable given the cash balance advantage and business tailwinds. Relative technicals vs the S&P 500 are bullish. Worsening net working capital intensity due to lower benefits payable days in the insurance business is a risk monitorable. Read the full article on Seeking AlphaSeeking Alpha • Mar 03
Berkshire Hathaway: Buffett Sells Banks, Buys Beer And Pizza As Economic Indicators Worsen
Summary Warren Buffett and his team have sold record amounts of stock over the past 18 months but haven't given the public much information as to why. Buffett's annual letter, 13-F filings, and a recent CBS News interview offer fresh clues about why Berkshire may be selling. Words matter, but actions matter more–investors need to read between the lines. Economic data is coming in quite soft lately. But was it just cold weather, or has Buffett delivered a market timing masterpiece? We may be about to find out. Read the full article on Seeking AlphaSeeking Alpha • Feb 20
Berkshire Hathaway: Ditching The S&P 500 Was Wise (Rating Upgrade)
Summary Berkshire Hathaway released its fourth quarter 13F statement this past weekend. The filing showed that the conglomerate completely exited its S&P 500 index funds, among other things. It was a wise move as the S&P 500 is currently approaching an all-time high valuation, close to its multiples during the 2000 tech bubble. Treasuries, foreign stocks and Berkshire stock all offer better yields/earnings yields than the S&P 500 at this point. In this article, I explore why Berkshire remains a good buy following its ditching of the S&P 500. Read the full article on Seeking AlphaSeeking Alpha • Feb 14
Berkshire And Its Cash Pile
Summary Berkshire Hathaway's cash pile has surged to a record of over $320 billion, driven by stock sales, notably AAPL, and limited significant new investments. Cash is not as high when measured against the size of the balance sheet, standing at a similar level as in 2005, when cash rates were also at a peak. Cash continues to accumulate while its own valuation remains robust, raising questions about future capital allocation and even of potential dividends. For long-term holders, the main risk is future capital deployment post-Buffett, emphasizing the importance of preserving Berkshire's unique culture and trust-based system. Read the full article on Seeking AlphaSeeking Alpha • Feb 04
Berkshire Hathaway: An Attractively Valued Safe Harbor
Summary Berkshire Hathaway's strong leadership and diversified assets position it for stability and growth. Significant reduction in Apple holdings mitigates concentration risk; large cash reserves enable future opportunities amid market volatility. Positive regulatory changes and efficiency initiatives in core businesses support optimistic revenue growth forecasts for 2025. Despite valuation above industry median, BRK.B is fairly valued historically and expected to close the gap with analysts' target price. Read the full article on Seeking AlphaSeeking Alpha • Jan 14
Berkshire Hathaway: No Buying Opportunity Here (Rating Upgrade)
Summary Berkshire Hathaway's valuation remains high at a P/E of 22-23x, with minimal projected earnings growth and economic sensitivity posing significant risks. Reduced Apple concentration and potential benefits from rising insurance prices post-wildfires offer some positives, but uncertainties persist. The interest rate environment and economic slowdown impact Berkshire's core operations, adding to the cautious outlook. Despite some improvements as of late, I rate Berkshire Hathaway as a "Hold" due to limited growth prospects and ongoing uncertainties in the insurance sector. Read the full article on Seeking AlphaSeeking Alpha • Dec 30
Berkshire Hathaway: A Golden Buying Opportunity
Summary Berkshire Hathaway's stock is about 20% undervalued, presenting a golden investment opportunity for a unique capital allocation powerhouse. The company's diversified business mix, strong fundamentals, and robust cash pile position it well for sustainable growth and outperforming the S&P 500. Berkshire's decentralized business model reduces reliance on Warren Buffett, fostering accountability and innovation across its diverse portfolio. Read the full article on Seeking AlphaSeeking Alpha • Nov 11
Berkshire Hathaway: Waiting Game Till The Oracle Of Omaha Resparks A Bullish Signal
Summary Berkshire Hathaway's operating performance in Q3 was mixed, with a 6% drop in operating earnings, mostly due to losses in the insurance underwriting segment. Warren Buffett's reduction in equity exposure and halting of share buybacks suggest a cautious market outlook for equities, limiting the potential for capital returns with BRK.B. Berkshire's cash reserves have surged, indicating Buffett's preference for liquidity amid high equity valuations, signaling a potentially overvalued market. Investors may want to wait for clearer signals from Buffett, such as renewed equity investments or share buybacks, before considering Berkshire Hathaway as an investment. Read the full article on Seeking AlphaSeeking Alpha • Oct 14
Why Is Berkshire Hathaway Unloading Billions In Stock? A Few Theories
Summary Berkshire Hathaway sold a whopping $75 billion in stocks in Q2 and continues to sell. Berkshire's cash hoard was nearly $277 billion at the end of last quarter, while the company continues to make sales, concentrated in its Bank of America holdings. Theories on the sales include cutting back on overvalued mega-cap stocks like Apple, preparing for potential tax hikes or recession, and raising cash for acquisitions (possibly in insurance). Read the full article on Seeking AlphaSeeking Alpha • Oct 03
Berkshire Hathaway: Still Unsustainable
Summary I think Berkshire's 30.5% stock increase in the past year is largely due to multiple expansion, driven by market participants overpaying for the "Berkshire brand". Since BRK keeps selling its Apple stake, what I described as increased "concentration risk" for the company is less of a problem now. Economic rebound with interest rate cuts could support sensitive sectors like railroads and retail, but insurance brings unpredictability, especially during the hurricane season. If we look at the forward P/E ratios implied by these EPS forecasts, we'll see a strong "inflation" so to speak - the coefficients are already not just above their average values, they're approaching their local peaks. I don't think BRK is a sustainable buy at today's prices, so I reiterate a "Hold" rating today. Read the full article on Seeking AlphaSeeking Alpha • Sep 26
Berkshire Hathaway Key Risk And Changing Dynamics
Summary Berkshire Hathaway, the world's largest conglomerate, should start returning capital to shareholders. The company's main value drivers are a collection of wholly-owned businesses and its portfolio of equity securities. Buffett has started to reduce portfolio concentration, and there is an argument to be made that this needs to continue. More concrete succession plans need to be put in place to bring transparency to shareholders. Read the full article on Seeking AlphaSeeking Alpha • Aug 06
Berkshire Hathaway's Q2: Buffett Likely At His Most Bearish
Summary Berkshire Hathaway's Q2 earnings release included a list of recent stock transactions. Among them were details on the sales of Apple and Bank of America stock. Buffett now has more invested in cash, treasuries and bonds than he has in common stocks. This would tend to suggest that the Oracle of Omaha is fairly bearish on equities at the moment. The same factors that make treasuries increasingly appealing today also make Berkshire's own stock appealing because it is very de-risked compared to the indexes. Read the full article on Seeking AlphaSeeking Alpha • Jul 30
Berkshire Hathaway Q2 Preview: Don't Be Misled By 1.6x P/B Ratio
Summary Berkshire Hathaway Inc.'s current P/B ratio is often quoted at 1.6x or above. It is far above the so-called Buffett price, and also among the highest levels in the past decade. However, I expect a sizable growth in its book value in Q2. Thus, the P/B ratio is far less alarming than what’s on the surface. I also expect continued growth of operating income in Q2, which makes the use of P/B increasingly less relevant. Read the full article on Seeking AlphaSeeking Alpha • Jul 03
Berkshire Hathaway: Don't Bet Against Triple Compounding
Summary Despite downside risks, BRK's shareholders enjoy some triple-compounding. Shareholders will benefit from its EPS growth, consistent share buybacks, and equity portfolio growth. Compounding is multiplicative (rather than additive). Hence this is an example where 1+1+1 is far greater than 3. Read the full article on Seeking AlphaSeeking Alpha • Jun 17
Why I Wouldn't Buy Berkshire Hathaway's Portfolio
Summary Since my last 'Sell' rating reflecting my view of Berkshire's underperformance vs the S&P 500, Berkshire has underperformed the S&P 500 by 6.49%. I am downgrading my rating to a 'Strong Sell' as I am more confident of further underperformance ahead. Despite trading at the same valuation as the S&P 500, I believe most of Berkshire Hathaway's business has an underwhelming earnings growth past and future outlook relative to the S&P500. Berkshire is also priced the same as the S&P500, but with a worse growth expectation, indicating what I believe is a mispricing and overvaluation of Berkshire's stock. The technicals also paint a bearish outlook, suggesting Berkshire would lag the SPY for multiple quarters and years ahead. Read the full article on Seeking AlphaSeeking Alpha • Apr 24
Berkshire Hathaway: Inflation And Recession Hedge
Summary Berkshire Hathaway Inc. has performed well and is expected to continue performing well in the coming year. The company has a diverse portfolio of stocks and strong business operations. Warren Buffett has positioned Berkshire as an inflation hedge and a resilient company in a recession. Read the full article on Seeking AlphaSeeking Alpha • Apr 16
Berkshire Hathaway: Closing In On A $1 Trillion Market Cap, Still Looks Undervalued
Summary Warren Buffett hopes Berkshire Hathaway will reach a $1 trillion market cap, as its shares are near all-time highs and the market cap is close to $900 billion. Berkshire Hathaway is a unique conglomerate with a large cash reserve, a significant investment portfolio, and diverse operating companies across various industries. The current rate environment is favorable for Berkshire, as it can generate high levels of income from its cash and bond investments. There are risks related to economic factors and insurance claims. Read the full article on Seeking AlphaSeeking Alpha • Apr 03
Berkshire Hathaway: Still A Buy Despite Near Record Price
Summary Berkshire Hathaway's stock price is near record levels, prompting questions about whether to sell. The P/B ratio is currently high, but the "Buffett price" of 1.2x is speculative and the book value is a moving target. Furthermore, the P/B ratio cannot accurately capture BRK's valuation anymore due to its diverse revenue streams and organic operations. Read the full article on Seeking AlphaSeeking Alpha • Mar 02
Berkshire's Q4 Earnings: Why I Nearly Doubled My Stake
Summary A lot has been happening with Berkshire Hathaway lately. The company put out its latest stock holdings (13F), a new letter to shareholders, and an earnings release, all within two weeks. The release was a beat on both revenue and EPS. Some investors were concerned about the massive $167 billion cash pile. In fact, it makes sense to have a lot of money in treasuries now. In this article, I explain why I still consider Berkshire Hathaway a buy, despite its growing cash pile. Read the full article on Seeking AlphaSeeking Alpha • Feb 25
Warren Buffett Warns On 'No Possibility Of Eye-Popping' Gains, Even As Markets Roar
Summary Berkshire Hathaway reported robust FY 2023 results, with a significant increase in operating earnings, aided by a turnaround in Geico's performance. While I view BRK's operating performance is relatively strong, I dislike that Berkshire Hathaway has been a net seller of equities throughout 2023. Moreover, I dislike that BRK is overexposed to companies with a relatively disappointing short-/mid-term outlook, having invested $243.2 billion worth of equity in Apple, BofA, KA and OXY. With the BRK's expected ROE for FY 2024 projected at 14-15% as per consensus estimates from Refinitiv, paired with a 1.7x P/B valuation, I believe Berkshire Hathaway shares are fairly priced. I downgrade BRK stock to Hold/Equalweight. Read the full article on Seeking AlphaSeeking Alpha • Jan 18
Berkshire Hathaway: All-Time High Presents A Good Selling Opportunity
Summary It is not easy to believe, but the iconic Berkshire Hathaway underperformed the broader U.S. stock market over the last multiple years. The company confronts a myriad of risks and uncertainties, ranging from those associated with the overall health of the economy to company-specific concerns, such as significant leadership transition risks. My valuation analysis suggests the stock is overvalued, and I consider the premium to be unfair given all the risks and uncertainties the company is facing. Read the full article on Seeking AlphaSeeking Alpha • Dec 18
Berkshire Hathaway Looks Poised For New Highs
Summary Berkshire Hathaway's stock is trading near its all-time high. The company's next earnings release could be a catalyst for a breakout, with positive factors such as Apple's stock performance and attractive entry points in the oil industry. The improved macroeconomic situation and unchanged stock price make Berkshire Hathaway a strong buy. If fourth quarter earnings beat expectations I could see Berkshire's class B shares heading to $400. Read the full article on Seeking AlphaSeeking Alpha • Nov 03
Berkshire Hathaway Wins Big In Japan
Summary Berkshire Hathaway's investments in Japanese trading houses have been highly profitable, with the stocks quadrupling in value and earning a 145% total return since 2020. The success of these investments demonstrates Berkshire Hathaway's strong capital allocation abilities and its ability to make unique market-beating bets. While Berkshire Hathaway's overall portfolio is performing well, the stock is not outrageously cheap. I downgrade Berkshire Hathaway from 'strong buy' to 'buy,' not because I like the stock any less than I did before, but because other stocks I'm interested in have gotten cheaper. Read the full article on Seeking AlphaSeeking Alpha • Sep 16
Berkshire Hathaway: Still Cheap At All-Time Highs
Summary Berkshire Hathaway recently reached an all-time high, despite market conditions putting pressure on its biggest stock holding, Apple. The stock is not as cheap as it was in the past, but it is still a decent buy compared to other equities. Berkshire Hathaway is about fairly valued going by multiples. However, the company has delivered some growth in recent years. Currently, oil prices are rising. This is a catalyst that should drive earnings growth at Berkshire for at least the current quarter, and maybe longer. Read the full article on Seeking AlphaSeeking Alpha • Aug 29
2 Strategies For Creating A Synthetic Dividend On Berkshire Hathaway Stock
Summary Berkshire Hathaway B shares have failed to outperform peers over the past decade, partly due to the lack of dividends. Using derivatives to create synthetic dividends can boost returns and create compounding opportunities for Berkshire Hathaway shareholders. The company is undervalued and offers significant upside potential, making it a good investment option for long-term investors. The two strategies mentioned are only viable for investors with existing familiarity with derivatives and the Greeks. Read the full article on Seeking AlphaSeeking Alpha • Aug 05
Berkshire Hathaway's Vast Earnings Beat: I'm Buying
Summary Berkshire Hathaway just released its Q2 earnings, beating revenue expectations by $12 billion and delivering $10.4 billion in operating income. Insurance operations experienced a large increase in cash flows and the value of the stock portfolio rose significantly. Despite being near an all-time high, Berkshire Hathaway stock is still worth investing in, with a range of fair value estimates suggesting upside potential. In this article I explain why I remain long Berkshire Hathaway stock following its Q2 earnings release. Read the full article on Seeking AlphaShareholder Returns
| BRK.B | US Diversified Financial | US Market | |
|---|---|---|---|
| 7D | 1.4% | 0.1% | -0.9% |
| 1Y | -6.1% | -11.9% | 24.4% |
Return vs Industry: BRK.B exceeded the US Diversified Financial industry which returned -11.9% over the past year.
Return vs Market: BRK.B underperformed the US Market which returned 24.4% over the past year.
Price Volatility
| BRK.B volatility | |
|---|---|
| BRK.B Average Weekly Movement | 2.2% |
| Diversified Financial Industry Average Movement | 6.8% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: BRK.B has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: BRK.B's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 387,800 | Greg Abel | www.berkshirehathaway.com |
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.
Berkshire Hathaway Inc. Fundamentals Summary
| BRK.B fundamental statistics | |
|---|---|
| Market cap | US$1.04t |
| Earnings (TTM) | US$72.47b |
| Revenue (TTM) | US$375.39b |
14.4x
P/E Ratio2.8x
P/S RatioIs BRK.B overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BRK.B income statement (TTM) | |
|---|---|
| Revenue | US$375.39b |
| Cost of Revenue | US$36.77b |
| Gross Profit | US$104.28b |
| Other Expenses | US$31.81b |
| Earnings | US$72.47b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 50.38k |
| Gross Margin | 27.78% |
| Net Profit Margin | 19.31% |
| Debt/Equity Ratio | 17.7% |
How did BRK.B perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/15 10:30 |
| End of Day Share Price | 2026/05/15 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Berkshire Hathaway Inc. is covered by 12 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stephen Biggar | Argus Research Company |
| Jay Gelb | Barclays |
| Michael Hartnett | BofA Global Research |