Latest revenue
$22.00B
as of 2026-03-31
Latest net income
$10.11B
as of 2026-03-31
Net margin
45.9%
as of 2026-03-31
Price
Price history unavailable for BRK.B.
Live market
delayed ≤15 min- Market cap
- $457.9M
- Enterprise value
- $-75.85B
- P/E (trailing)
- 0.0×
- Forward P/E
- —
- P/B
- 0.00×
- Dividend yield
- —
- 52-wk high
- —
- 52-wk low
- —
- Beta
- —
- Shares out
- 941.5K
5-year trend
What this company does
Berkshire Hathaway is a holding company that owns insurance operations (GEICO, reinsurance), the BNSF railroad, utilities and energy businesses, manufacturing and retail subsidiaries, plus a massive portfolio of stocks and Treasury bills. It earns money primarily from insurance premiums and investment income, product sales across its industrial and consumer subsidiaries, and freight rail and utility revenues. The company sits on a record $377 billion in cash and Treasuries as of September 2025, up sharply from year-end, signaling continued caution on deploying capital into equities.
Generated from BRK.B's filing dated 2026-03-02
Key risks
- Massive cash drag: $377B in cash and Treasury bills (~31% of assets) earning short-term yields signals limited attractive deployment opportunities.
- Equity portfolio concentration: $283B in equity securities creates significant mark-to-market earnings volatility — investment gains swung 9M YoY from $46B to $22B.
- Equity method losses of $4.3B in first nine months 2025 versus $967M gain prior year, indicating deterioration in Kraft Heinz/Occidental-type holdings.
Generated from BRK.B's filing dated 2026-03-02
Profitability
Net margin
18.0%
24.8%Return on equity
9.3%
31.9%Return on assets
5.5%
29.0%Leverage
Debt / equity
0.70×
9.4%Debt / assets
41.3%
5.5%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $22.00B | +0.9% | $10.11B | +119.6% | 45.9% |
Q4 2025 2025-12-31 | $305.00B | -0.3% | $19.20B | -2.5% | 6.3% |
Q3 2025 2025-09-30 | $22.45B | +1.8% | $30.80B | +17.3% | 137.2% |
Q2 2025 2025-06-30 | $22.20B | +1.1% | $12.37B | -59.2% | 55.7% |
Q1 2025 2025-03-31 | $21.80B | +1.5% | $4.60B | -63.8% | 21.1% |
Q4 2024 2024-12-31 | $305.95B | — | $19.69B | — | 6.4% |
Q3 2024 2024-09-30 | $22.05B | +3.3% | $26.25B | +305.6% | 119.0% |
Q2 2024 2024-06-30 | $21.95B | +6.8% | $30.35B | -15.5% | 138.2% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Fire, Marine & Casualty Insurance · SIC 6331
Your notes
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Insider activity
No insider transactions on file for BRK.B in the last 12 months.
Source: SEC Form 4 filings. Backfill runs nightly.
Who owns BRK.B
No institutional holdings on file for BRK.B yet.
Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).
Top questions investors are asking
- 1
Cash and Treasuries now exceed $377B—why continue hoarding instead of buybacks, given zero repurchases and treasury stock flat at $78.9B?
- 2
Equity method earnings swung to a $4.3B nine-month loss versus +$967M last year—which investee drove this and is impairment imminent?
- 3
With Buffett's succession to Abel imminent, what specific capital allocation mandate changes should investors expect on the $305B Treasury pile?
Refreshed when BRK.B files a new report · last from 2026-03-02