What is the current annual net margin of BRK.B?

As of today, BRK.B annual net margin is 18.11%

What is 1-year change in BRK.B annual net margin?

BRK.B annual net margin is down -24.89% year-over-year

What is 3-year change in BRK.B annual net margin?

BRK.B annual net margin is up +348.76% over the past 3 years

How far is BRK.B annual net margin from its all-time high?

BRK.B annual net margin is currently -44.94% below its historical high of 32.89% set on December 31, 2021

How does BRK.B annual net margin rank versus sector peers?

BRK.B annual net margin is higher than 61.99% of companies in Financial Services sector

When is BRK.B next annual earnings release?

The next annual earnings release for BRK.B is on March 1, 2027

What is the current quarterly net margin of BRK.B?

As of today, BRK.B quarterly net margin is 21.00%

What is BRK.B quarterly net margin most recent change?

BRK.B quarterly net margin was down -17.03% on September 30, 2026

What is 1-year change in BRK.B quarterly net margin?

BRK.B quarterly net margin is down -35.38% year-over-year

How far is BRK.B quarterly net margin from its all-time high?

BRK.B quarterly net margin is currently -62.58% below its historical high of 56.12% set on December 31, 2020

How does BRK.B quarterly net margin rank versus sector peers?

BRK.B quarterly net margin is higher than 63.08% of companies in Financial Services sector

When is BRK.B next earnings release?

The next earnings release for BRK.B is on March 1, 2027

BRK.B Net Margin History & Chart Since 1988

Annual Net Margin

18.11%6.00%-24.89%

December 31, 2025

Summary

Current Value: As of today, BRK.B annual net margin is 18.11%, down -24.89% on December 31, 2025
Historical Performance: BRK.B annual net margin is up +348.76% over the past 3 years, up +2.78% over the past 5 years
All-Time High Comparison: BRK.B annual net margin is currently -44.94% below its historical high of 32.89% set on December 31, 2021
3-Year Low Comparison: BRK.B annual net margin is +348.76% above its 3-year low of -7.28% reached on an earlier date
Sector Comparison: BRK.B annual net margin is higher than 61.99% of companies in Financial Services sector

Net Margin Chart

beforeafter

Performance

BRK.B Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	18.11%	-24.9%	+348.8%	+2.8%	+85.0%
Quarterly Net Margin	Sep 30, 26	21.00%	-35.4%	+255.8%	+39.3%	+215.3%
Price	Nov 13, 26	$592.94	+15.6%	+69.4%	+107.3%	+670.4%
PE Ratio	Nov 13, 26	16.55	+0.8%	+66.0%	+116.1%	+0.7%
Annual Revenue	Dec 31, 25	$371.44B	0.0%	+23.0%	+51.3%	+169.4%
Annual Net Income	Dec 31, 25	$67.26B	-24.9%	+405.8%	+55.5%	+398.4%
Annual Gross Margin	Dec 31, 25	23.63%	+1.4%	+20.1%	+18.9%	+5.0%
Annual Operating Margin	Dec 31, 25	15.85%	-0.9%	+15.1%	+29.8%	-6.3%

Net Margin Highs

BRK.B Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	26.65%	Dec 31, 23	-32.0%
5Y	32.89%	Dec 31, 21	-44.9%
All	32.89%	Dec 31, 21	-44.9%

Net Margin Lows

BRK.B Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-7.28%	N/A	+348.8%
5Y	-7.28%	Dec 31, 22	+348.8%
All	-7.28%	Dec 31, 22	+348.8%

Net Margin History

Year	Value	Change
2025	18.11%	-24.9%
2024	24.11%	-9.5%
2023	26.65%	+466.1%
2022	-7.28%	-122.1%
2021	32.89%	+86.7%
2020	17.62%	-45.1%
2019	32.12%	+1,746.0%
2018	1.74%	-90.8%
2017	18.90%	+66.7%
2016	11.34%	-6.8%
2015	12.17%	+17.6%
2014	10.35%	-6.3%
2013	11.04%	+16.0%
2012	9.52%	+29.9%
2011	7.33%	-25.1%
2010	9.79%	+29.8%
2009	7.54%	+56.8%
2008	4.81%	-58.1%
2007	11.47%	-0.4%

Year	Value	Change
2006	11.52%	+10.2%
2005	10.45%	+5.6%
2004	9.90%	-23.0%
2003	12.86%	+26.6%
2002	10.16%	+351.6%
2001	2.25%	-78.6%
2000	10.50%	+57.9%
1999	6.65%	-67.8%
1998	20.66%	+11.7%
1997	18.50%	-22.6%
1996	23.90%	+45.2%
1995	16.46%	+25.7%
1994	13.09%	-37.8%
1993	21.05%	+54.6%
1992	13.62%	-6.2%
1991	14.52%	-4.5%
1990	15.21%	-24.9%
1989	20.26%	+16.0%
1988	17.47%	-

FAQ

What is the current annual net margin of BRK.B?: As of today, BRK.B annual net margin is 18.11%
What is 1-year change in BRK.B annual net margin?: BRK.B annual net margin is down -24.89% year-over-year
What is 3-year change in BRK.B annual net margin?: BRK.B annual net margin is up +348.76% over the past 3 years
How far is BRK.B annual net margin from its all-time high?: BRK.B annual net margin is currently -44.94% below its historical high of 32.89% set on December 31, 2021
How does BRK.B annual net margin rank versus sector peers?: BRK.B annual net margin is higher than 61.99% of companies in Financial Services sector
When is BRK.B next annual earnings release?: The next annual earnings release for BRK.B is on March 1, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

21.00%4.31%-17.03%

September 30, 2026

Summary

Current Value: As of today, BRK.B quarterly net margin is 21.00%, down -17.03% on September 30, 2026
Historical Performance: BRK.B quarterly net margin is down -35.38% year-over-year, up +255.79% over the past 3 years
All-Time High Comparison: BRK.B quarterly net margin is currently -62.58% below its historical high of 56.12% set on December 31, 2020
3-Year Low Comparison: BRK.B quarterly net margin is +255.79% above its 3-year low of -13.48% reached on an earlier date
Sector Comparison: BRK.B quarterly net margin is higher than 63.08% of companies in Financial Services sector

Performance

BRK.B Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	21.00%	-17.0%	-35.4%	+255.8%	+39.3%
Annual Net Margin	Dec 31, 25	18.11%	–	-24.9%	+348.8%	+2.8%
Price	Nov 13, 26	$592.94	+17.0%	+15.6%	+69.4%	+107.3%
PE Ratio	Nov 13, 26	16.55	+29.8%	+0.8%	+66.0%	+116.1%
Quarterly Revenue	Sep 30, 26	$105.65B	+3.8%	+11.2%	+13.3%	+49.7%
Quarterly Net Income	Sep 30, 26	$22.19B	-13.9%	-28.1%	+276.5%	+108.4%
Quarterly Gross Margin	Sep 30, 26	22.21%	-5.0%	-9.8%	+9.3%	+19.4%
Quarterly Operating Margin	Sep 30, 26	14.31%	-16.7%	-18.5%	+0.8%	+26.6%

Quarterly Net Margin Highs

BRK.B Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	32.50%	N/A	-35.4%
3Y	40.44%	Dec 31, 23	-48.1%
5Y	55.57%	Dec 31, 21	-62.2%
All	56.12%	Dec 31, 20	-62.6%

Quarterly Net Margin Lows

BRK.B Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	10.87%	Mar 31, 26	+93.2%
3Y	-13.48%	N/A	+255.8%
5Y	-56.75%	Jun 30, 22	+137.0%
All	-81.12%	Mar 31, 20	+125.9%

Quarterly Net Margin History

Month	Value	Change
Sep 2026	21.00%	-17.0%
Jun 2026	25.31%	+132.8%
Mar 2026	10.87%	-46.8%
Dec 2025	20.45%	-37.1%
Sep 2025	32.50%	+141.5%
Jun 2025	13.46%	+158.3%
Mar 2025	5.21%	-75.0%
Dec 2024	20.81%	-26.9%
Sep 2024	28.47%	-12.6%
Jun 2024	32.56%	+128.0%
Mar 2024	14.28%	-64.7%
Dec 2023	40.44%	+400.0%
Sep 2023	-13.48%	-134.4%
Jun 2023	39.13%	-6.5%
Mar 2023	41.87%	+79.2%
Dec 2022	23.36%	+765.5%
Sep 2022	-3.51%	+93.8%
Jun 2022	-56.75%	-805.0%
Mar 2022	8.05%	-85.5%
Dec 2021	55.57%	+268.5%
Sep 2021	15.08%	-63.3%
Jun 2021	41.13%	+124.4%
Mar 2021	18.33%	-67.3%
Dec 2020	56.12%	+16.3%
Sep 2020	48.26%	+3.9%
Jun 2020	46.46%	+157.3%
Mar 2020	-81.12%	-281.4%
Dec 2019	44.72%	+74.4%
Sep 2019	25.64%	+15.0%
Jun 2019	22.29%	-37.8%
Mar 2019	35.82%	+189.9%
Dec 2018	-39.85%	-235.2%
Sep 2018	29.48%	+51.8%
Jun 2018	19.42%	+1,161.2%
Mar 2018	-1.83%	-103.3%
Dec 2017	55.54%	+686.7%
Sep 2017	7.06%	-7.2%
Jun 2017	7.61%	+18.4%
Mar 2017	6.43%	-44.7%
Dec 2016	11.62%	-12.5%
Sep 2016	13.28%	+40.2%
Jun 2016	9.47%	-14.5%
Mar 2016	11.07%	+2.2%
Dec 2015	10.83%	-32.1%
Sep 2015	15.94%	+100.0%
Jun 2015	7.97%	-27.9%
Mar 2015	11.06%	+27.0%
Dec 2014	8.71%	-4.8%
Sep 2014	9.15%	-29.7%
Jun 2014	13.02%	+23.4%
Mar 2014	10.55%	-3.0%
Dec 2013	10.88%	-2.3%
Sep 2013	11.14%	+6.8%
Jun 2013	10.43%	-11.2%
Mar 2013	11.74%	+7.2%
Dec 2012	10.95%	+11.2%
Sep 2012	9.85%	+20.7%
Jun 2012	8.16%	-9.1%
Mar 2012	8.98%	+7.2%
Dec 2011	8.38%	+25.8%
Sep 2011	6.66%	-27.6%
Jun 2011	9.20%	+94.5%
Mar 2011	4.73%	-62.0%
Dec 2010	12.44%	+45.3%
Sep 2010	8.56%	+38.7%
Jun 2010	6.17%	-48.8%
Mar 2010	12.05%	+11.4%
Dec 2009	10.82%	-8.9%
Sep 2009	11.88%	-4.2%
Jun 2009	12.40%	+334.8%
Mar 2009	-5.28%	-607.7%
Dec 2008	1.04%	-74.6%
Sep 2008	4.10%	-59.6%
Jun 2008	10.15%	+160.3%
Mar 2008	3.90%	-63.4%
Dec 2007	10.66%	-31.1%
Sep 2007	15.47%	+30.7%

Month	Value	Change
Jun 2007	11.84%	+44.6%
Mar 2007	8.19%	-41.9%
Dec 2006	14.10%	+25.6%
Sep 2006	11.23%	+12.5%
Jun 2006	9.98%	-5.7%
Mar 2006	10.58%	-48.2%
Dec 2005	20.42%	+594.6%
Sep 2005	2.94%	-63.6%
Jun 2005	8.07%	+3.6%
Mar 2005	7.79%	-53.5%
Dec 2004	16.75%	+174.1%
Sep 2004	6.11%	-18.6%
Jun 2004	7.51%	-17.7%
Mar 2004	9.12%	-24.4%
Dec 2003	12.07%	+21.2%
Sep 2003	9.96%	-36.5%
Jun 2003	15.68%	+2.6%
Mar 2003	15.28%	+52.8%
Dec 2002	10.00%	-7.4%
Sep 2002	10.80%	-0.6%
Jun 2002	10.86%	+7.3%
Mar 2002	10.12%	+552.9%
Dec 2001	1.55%	+121.1%
Sep 2001	-7.36%	-198.8%
Jun 2001	7.45%	0.0%
Mar 2001	7.45%	-16.1%
Dec 2000	8.88%	-16.6%
Sep 2000	10.65%	-2.9%
Jun 2000	10.97%	-15.6%
Mar 2000	12.99%	+2,029.5%
Dec 1999	0.61%	-90.0%
Sep 1999	6.13%	-41.7%
Jun 1999	10.51%	+3.1%
Mar 1999	10.19%	-34.2%
Dec 1998	15.48%	+22.1%
Sep 1998	12.68%	-58.1%
Jun 1998	30.26%	+38.6%
Mar 1998	21.83%	+3,678.7%
Dec 1997	-0.61%	-103.9%
Sep 1997	15.47%	+5,629.6%
Jun 1997	0.27%	-98.0%
Mar 1997	13.69%	+2.4%
Dec 1996	13.37%	+2.1%
Sep 1996	13.10%	+31.1%
Jun 1996	9.99%	-75.2%
Mar 1996	40.31%	-9.0%
Dec 1995	44.30%	+178.3%
Sep 1995	15.92%	-15.5%
Jun 1995	18.85%	+44.9%
Mar 1995	13.01%	-9.0%
Dec 1994	14.30%	+10.9%
Sep 1994	12.89%	-30.2%
Jun 1994	18.48%	+30.1%
Mar 1994	14.20%	+364.1%
Sep 1993	3.06%	-80.8%
Jun 1993	15.92%	+289.2%
Mar 1993	4.09%	-81.4%
Dec 1992	22.04%	+366.0%
Sep 1992	4.73%	-68.3%
Jun 1992	14.92%	+41.6%
Mar 1992	10.54%	-25.6%
Sep 1991	14.17%	0.0%
Jun 1991	14.17%	0.0%
Mar 1991	14.17%	-48.8%
Dec 1990	27.67%	+8.7%
Sep 1990	25.45%	+2.9%
Jun 1990	24.73%	+14.7%
Mar 1990	21.56%	+20.2%
Dec 1989	17.94%	-12.0%
Sep 1989	20.38%	+31.6%
Jun 1989	15.49%	-14.5%
Mar 1989	18.11%	-1.0%
Dec 1988	18.30%	+26.5%
Sep 1988	14.47%	-11.7%
Jun 1988	16.38%	+6.1%
Mar 1988	15.44%	-

FAQ

What is the current quarterly net margin of BRK.B?: As of today, BRK.B quarterly net margin is 21.00%
What is BRK.B quarterly net margin most recent change?: BRK.B quarterly net margin was down -17.03% on September 30, 2026
What is 1-year change in BRK.B quarterly net margin?: BRK.B quarterly net margin is down -35.38% year-over-year
How far is BRK.B quarterly net margin from its all-time high?: BRK.B quarterly net margin is currently -62.58% below its historical high of 56.12% set on December 31, 2020
How does BRK.B quarterly net margin rank versus sector peers?: BRK.B quarterly net margin is higher than 63.08% of companies in Financial Services sector
When is BRK.B next earnings release?: The next earnings release for BRK.B is on March 1, 2027

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

BRK.B Official Website www.berkshirehathaway.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1067983/000119312526083899/0001193125-26-083899-index.htm
BRK.B Profile on Yahoo Finance finance.yahoo.com/quote/BRK-B
BRK.B Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/brk.b