Berkshire Hathaway Inc. (BRK-B) intrinsic value & 10-year financials
Berkshire Hathaway Inc. (BRK-B) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 1.1% a year to $247.2B, with an average return on invested capital of 13.7%.
- Graham intrinsic value
- —
- Revenue (FY2025)
- $247.2B
- Revenue growth (10-yr CAGR)
- 1.1%
- ROIC (10-yr avg)
- 13.7%
- Free cash flow (FY2025)
- $25.0B
BRK-B 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $247.2B | $67.0B | — | $25.0B | — | — |
| FY2024 | $249.7B | $89.0B | — | $11.6B | — | — |
| FY2023 | $254.9B | $96.2B | — | $29.8B | — | 18.5% |
| FY2022 | $207.8B | -$22.8B | — | $21.8B | — | -5.1% |
| FY2021 | $191.3B | $89.8B | — | $26.1B | — | 21.7% |
| FY2020 | $166.7B | $42.5B | — | $26.8B | — | 11.1% |
| FY2019 | $176.5B | $81.4B | — | $22.7B | — | 22.2% |
| FY2018 | $175.4B | $4.0B | — | $22.9B | — | — |
| FY2017 | $242.1B | $44.9B | — | $34.1B | — | — |
| FY2016 | $223.6B | $24.1B | — | $19.6B | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
BERKSHIRE HATHAWAY INC has demonstrated mature, steady growth, with revenue compounding at 1.1% annually over the past decade.
BERKSHIRE HATHAWAY INC returns on capital have been average, hovering around 13.7% ROIC over the decade.
BERKSHIRE HATHAWAY INC capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, BERKSHIRE HATHAWAY INC is modeled at 1.1% normalized earnings growth with a 5.1% bond-yield adjustment.