BERKSHIRE HATHAWAY INC

BRK-B · CIK 0001067983Insurance lens →

19 fiscal years · 67 SEC filings · every number carries its receipt

Revenue (FY)

$247.24B1.0%

FY2025

Net income (FY)

$66.97B24.8%

FY2025

Free cash flow (FY)

$25.04B115.6%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 2.1× since FY2007 · net margin 11.2% → 27.1%

MarginsNet marginFCF margin

FY2025: net 27.1% · free cash flow 10.1% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $45.97B operating cash − $20.93B capex = $25.04B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 5% (FY2008) → 9% (FY2025) · on assets 5.5%

Balance sheetLiabilitiesEquity

FY2025: $1.22T assets · $502.47B liabilities · $717.42B equity

The receipts

Insurance lens

Specialized rows for insurer companies — not in the generic statement table above.

USD millions (ratios as %)	FY2016	FY2015	FY2014	FY2012	FY2011	FY2010	FY2009	FY2008
Premiums earned	—	—	—	28,746	27,039	25,662	25,258	22,945
Policyholder benefits & claims	30,906	26,527	26,406	—	—	18,087	18,251	16,259
Loss ratio	—	—	—	—	—	70.5%	72.3%	70.9%

Premiums earned and policyholder benefits & claims are as-reported XBRL components — absent (not zero) for insurance brokers such as Aon and Marsh McLennan, which earn fees and commissions rather than underwriting premiums, so these rows are correctly blank for them. The loss ratio (policyholder benefits ÷ premiums earned) is computed by stonks for full fiscal years only.