Stocks · Financial Services · Insurance - Diversified
Berkshire Hathaway Inc. BRK-B
$502.65 +0.43% Close, Oct 2, 2026 · NYSE · Market cap $1.08T
Next earnings report: Nov 7, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $39.77, up 36.3% year over year.
- The stock is in an uptrend: above its 200-day average for 51 trading days, with the 50-day average above the 200-day.
- Revenue over the last four quarters was $384.69B, up 3.9% from a year earlier, accelerating from 1.1% a quarter earlier.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 41%
- EPS growth (TTM, YoY)Top 30%
- FCF growth (TTM, YoY)Top 9%
- Revenue growth, 3-year CAGRBottom 21%
- Revenue growth accelerationTop 24%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 33%
- Gross marginBottom 6%
- Operating marginBottom 38%
- Cash conversion (OCF / net income)Bottom 26%
- Accruals (lower is better)Bottom 15%
- Net debt / EBITDA (lower is better)Top 49%
- Interest coverTop 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 38%
- Free-cash-flow yieldBottom 28%
- EBITDA / enterprise valueBottom 49%
- Sales / enterprise valueTop 46%
- P/E vs own 5-year history (lower is better)Top 49%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 31%
- 6-month returnBottom 49%
- 1-year return vs S&P 500Bottom 37%
- Distance from 52-week highTop 33%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 7%
- Consecutive EPS beatsTop 42%
- Share of analysts rating BuyBottom 40%
- Upside to consensus price targetTop 36%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 22%
- Maximum drawdown, 3 yearsTop 22%
- Beta vs S&P 500 (lower is better)Top 30%
- Net debt / EBITDA (lower is better)Top 49%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1.1% | 3.9% | ↑ |
| EPS growth (YoY) | -10.5% | 36.3% | ↑ |
| Gross margin | 24.2% | 23.5% | ↓ |
| Operating margin | 15.6% | 16.3% | ↑ |
| FCF margin | 2.2% | 6.3% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.9% | 1.1% | ↑ | Bottom 41% |
| EPS growth (TTM, YoY) | 36.3% | -10.5% | ↑ | Top 30% |
| Gross margin | 23.5% | 24.2% | ↓ | Bottom 6% |
| Operating margin | 16.3% | 15.6% | ↑ | Bottom 38% |
| Net margin | 22.3% | 17.0% | ↑ | — |
| Free-cash-flow margin | 6.3% | 2.2% | ↑ | — |
| Return on invested capital | 4.2% | — | Top 33% | |
| Revenue growth, 3-year CAGR | 7.1% | — | Bottom 21% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.54×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 3.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +0.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 1.16×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 14.7×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.41%
- Shareholder yield
- 0.41%
- Share count change, 1 year
- -0.2%
- Share count change, 3-year CAGR
- -0.3%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +39.0%
- Average 2-day reaction, last 8
- -0.1%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $604.00
- Target vs current price
- +20.2%
- Analysts with a rating
- 10
- Share rating Buy or Strong Buy
- 40%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 8, 2026 | +17.3% | +1.5% | -3.4% | -3.0% | — |
| May 2, 2026 | +3.3% | -0.9% | +0.6% | -0.6% | +7.6% |
| Mar 2, 2026 | -14.2% | -4.9% | -1.2% | -7.2% | -4.2% |
| Nov 3, 2025 | +149.7% | -0.4% | +4.5% | +6.5% | -0.2% |
| Aug 1, 2025 | +13.7% | +0.2% | -2.2% | +5.9% | +4.3% |
| May 2, 2025 | -3.5% | +1.8% | -3.2% | -5.0% | -10.1% |
| Feb 24, 2025 | +59.5% | +4.1% | +7.3% | +9.0% | +7.0% |
| Nov 4, 2024 | +3.8% | -2.2% | +2.5% | +5.6% | +3.7% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 8, 2026 | $6.02 | $5.13 | +17.3% | $101.81B |
| May 2, 2026 | $5.25 | $5.08 | +3.3% | $93.67B |
| Mar 2, 2026 | $4.73 | $5.51 | -14.2% | $100.67B |
| Nov 3, 2025 | $14.28 | $5.72 | +149.7% | $94.97B |
| Aug 1, 2025 | $5.73 | $5.04 | +13.7% | $98.88B |
| May 2, 2025 | $4.47 | $4.63 | -3.5% | $83.29B |
| Feb 24, 2025 | $6.73 | $4.22 | +59.5% | $101.47B |
| Nov 4, 2024 | $4.68 | $4.51 | +3.8% | $113.51B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 12.6× | 12.1× | 53th | Top 38% |
| P/E (forward) | 22.7× | — | — | — |
| EV / EBITDA | 15.3× | — | — | Bottom 49% |
| EV / Sales | 3.05× | — | — | Top 46% |
| Free-cash-flow yield | 2.23% | — | — | Bottom 28% |
| Earnings yield | 7.91% | — | — | Top 38% |
P/E over the past five years
Range 6.3× – 94.0× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +0.9%
- Earnings per share growth (TTM)
- +36.3%
- Change in P/E multiple
- -15.4%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 51
- 50-day average slope (20 days)
- +0.9%
- 200-day average slope (20 days)
- +0.1%
- Distance from 50-day average
- -0.9%
- Distance from 200-day average
- +2.0%
- RSI (14)
- 46.5
- Relative volume
- 0.90×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 13.8%
- Volatility vs own 5-year history
- 36th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.40
- Correlation with S&P 500
- 0.37
- Current drawdown from 1-year high
- -5.1%
- Maximum drawdown, 3 years
- -14.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Mar 28, 2022 | Oct 12, 2022 | -26.6% | 137 days | 204 days (Aug 7, 2023) |
| May 2, 2025 | Aug 4, 2025 | -14.9% | 63 days | Not yet recovered |
| Sep 19, 2023 | Oct 27, 2023 | -10.5% | 28 days | 58 days (Jan 23, 2024) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $1.08T
- P/E (TTM)
- 12.6
- EPS, diluted (TTM)
- $39.77
- Revenue (TTM)
- $384.69B
- 52-week range
- $464.01 – $537.74
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $276.09B | $302.02B | $364.48B | $371.43B | $371.44B |
| Gross profit | $55.16B | $59.39B | $70.95B | $86.58B | $87.78B |
| Operating income | $35.02B | $41.59B | $48.12B | $59.44B | $58.88B |
| Net income | $89.94B | -$22.76B | $96.22B | $89.00B | $66.97B |
| EPS (diluted) | $39.64 | -$10.36 | $44.27 | $41.27 | $31.04 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $93.00B | $94.92B | $89.72B | $92.52B | $94.97B | $94.23B | $93.67B | $101.81B |
| Net income | $26.25B | $19.69B | $4.60B | $12.37B | $30.80B | $19.20B | $10.11B | $25.67B |
| EPS (diluted) | $12.18 | $9.13 | $2.13 | $5.73 | $14.28 | $8.90 | $4.68 | $11.91 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $39.42B | $37.22B | $49.20B | $30.59B | $45.97B |
| Capital expenditure | -$13.28B | -$15.46B | -$19.41B | -$18.98B | -$20.93B |
| Free cash flow | $26.14B | $21.76B | $29.79B | $11.62B | $25.04B |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$27.06B | -$7.85B | -$9.17B | -$2.92B | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $365.51B
- Total assets
- $1.26T
- Total liabilities
- $512.89B
- Total debt
- $129.37B
- Net debt
- $88.76B
- Shareholders’ equity
- $750.18B
As of Jun 30, 2026 (filed Aug 10, 2026).
Stock splits
- Jan 21, 2010
- 50-for-1