BRK-B logo Berkshire Hathaway +
Ticker
BRK-B
AIG
Headquarter
Omaha ,NE
US
New York City ,NY
US
CEO
Gregory Edward Abel
Peter Salvatore Zaffino
Industry
Insurance - Diversified
Insurance - Diversified
Stock Price
Stock Price
Market Cap
Market Cap
$1.07 T
$41.88 B
Employees
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Employees
  • 396.50 K
  • 392.40 K
  • 387.80 K
  • 25.20 K
  • 22.20 K
  • 22.10 K
Y/Y
3.52%
1.03%
1.17%
3.82%
11.9%
0.45%

Income Statement

Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Revenue
  • $364.48 B
  • $371.43 B
  • $371.44 B
  • $47.25 B
  • $27.27 B
  • $4.22 B
Y/Y
20.68%
1.91%
0%
13.73%
42.28%
84.55%
Revenue by Products / Services
Years
  • 2025
  • 2025
Revenue by Geography
Years
  • 2025
Research and Development
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Research and Development
  • -
  • -
  • -
  • -
  • -
  • -
Y/Y
0%
0%
0%
0%
0%
0%
Operating Income
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Operating Income
  • $48.12 B
  • $59.44 B
  • $59.54 B
  • $3.88 B
  • $3.87 B
  • $3.10 B
Y/Y
15.72%
23.51%
0.17%
76.32%
0.21%
19.97%
Tax Rate (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Tax Rate (%)
  • 19.16%
  • 18.86%
  • 18.43%
  • -0.52%
  • 30.23%
  • 20.16%
Y/Y
31.28%
1.55%
2.26%
102.45%
5931.86%
33.32%
Net Income
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income
  • $96.22 B
  • $89.00 B
  • $66.97 B
  • $3.64 B
  • -$1.40 B
  • $3.10 B
Y/Y
522.79%
7.51%
24.75%
64.38%
138.54%
320.51%
Revenue Per Employee
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Revenue Per Employee
  • $936.78 K
  • $946.60 K
  • -
  • $1.08 M
  • $189.86 K
  • -
Y/Y
1.56%
1.05%
100%
39.99%
82.46%
100%
Net Income Per Employee
Years
  • 2024
  • 2025
  • 2026
  • 2024
  • 2025
  • 2026
Net Income Per Employee
  • $224.45 K
  • $170.66 K
  • -
  • -$55.71 K
  • $139.46 K
  • -
Y/Y
10.66%
23.96%
100%
140.07%
350.31%
100%

Assets & Liabilities | Cash Flow

Total Assets
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Total Assets
  • $1.07 T
  • $1.15 T
  • $1.22 T
  • $539.31 B
  • $161.32 B
  • $161.25 B
Y/Y
12.81%
7.84%
5.92%
3.27%
70.09%
0.04%
Total Liabilities
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Total Liabilities
  • $499.21 B
  • $502.23 B
  • $502.47 B
  • $488.01 B
  • $118.77 B
  • $120.09 B
Y/Y
6.95%
0.6%
0.05%
1.93%
75.66%
1.11%
Capital Expenditures (Capex)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Capital Expenditures (Capex)
  • -$19.41 B
  • -$18.98 B
  • -$20.93 B
  • -
  • -
  • -
Y/Y
25.51%
2.23%
10.28%
0%
0%
0%

Profitability

Operating Income Margin (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Operating Income Margin (%)
  • 27.35%
  • 16.00%
  • 16.03%
  • 10.24%
  • 14.18%
  • 14.49%
Y/Y
309.95%
41.5%
0.17%
18.52%
38.44%
2.2%
Net Income Margin (%)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Net Income Margin (%)
  • 21.90%
  • 23.96%
  • 18.03%
  • 13.03%
  • -5.15%
  • 11.56%
Y/Y
325.3%
9.4%
24.75%
61.81%
139.51%
324.6%
EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
EBITDA
  • $137.66 B
  • $128.43 B
  • $73.02 B
  • $8.07 B
  • $7.47 B
  • $5.48 M
Y/Y
1002.71%
6.7%
43.15%
56.85%
7.5%
99.93%
Free Cash Flow (FCF)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Free Cash Flow (FCF)
  • $29.79 B
  • $11.62 B
  • $25.04 B
  • $6.24 B
  • $3.27 B
  • $3.31 B
Y/Y
36.89%
61%
115.58%
51.02%
47.57%
1.25%

Ratios

Return on Equity (ROE)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Return on Equity (ROE)
  • 17.14%
  • 13.70%
  • 9.33%
  • 8.03%
  • -3.30%
  • 0.00%
Y/Y
456.62%
20.06%
31.89%
67.82%
141.1%
100%
Return on Assets (ROA)
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Return on Assets (ROA)
  • 8.99%
  • 7.71%
  • 5.48%
  • 0.68%
  • -0.87%
  • 0.00%
Y/Y
474.78%
14.24%
28.96%
65.51%
228.84%
100%
Debt to Equity
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Debt to Equity
  • 23.80%
  • 22.10%
  • 19.37%
  • 23.94%
  • 20.98%
  • 22.34%
Y/Y
11.76%
7.12%
12.37%
63.92%
12.35%
6.48%

Valuation

Enterprise Value
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value
  • $870.68 B
  • $1.07 T
  • $1.17 T
  • $68.98 B
  • $55.91 B
  • $0.00
Y/Y
12.71%
23.27%
9.14%
7.26%
18.94%
100%
Enterprise value to Revenue
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value to Revenue
  • 2.39
  • 2.89
  • 3.15
  • 1.46
  • 2.05
  • 0.00
Y/Y
6.6%
20.97%
9.14%
7.5%
40.43%
100%
Enterprise value to EBITDA
Years
  • 2023
  • 2024
  • 2025
  • 2023
  • 2024
  • 2025
Enterprise value to EBITDA
  • 6.33
  • 8.36
  • 16.04
  • 8.55
  • 7.49
  • 0.00
Y/Y
112.49%
32.13%
91.98%
114.95%
12.37%
100%