BRK.B Berkshire Hathaway margins

Relative Growth: Rel. Growth: 85

Relative Strength: Rel. Strength: 53

Relative Valuation: Rel. Valuation: 83

Relative Profitability: Rel. Profitability: 69

Gross margin

33.8%

Operating margin

26.6%

EBITDA margin

28.7%

Net margin

19.6%

The Berkshire Hathaway shows a gross margin of 33.8%, an operating margin of 26.6%, an EBITDA margin of 28.7%, and a net margin of 19.6%. The company's available margins all increased, with operating margin recording the strongest expansion of 5.2 percentage points.

BRK.B margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Berkshire Hathaway's margins averaged 32.38% gross, 24.85% operating, 27.45% EBITDA, and 18.8% net. Compared with their three-year averages, all four current margins are higher.

BRK.B margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by operating margin with an increase of 5.2 percentage points.

Gross margin expansion

3.9pp

Operating margin expansion

5.2pp

EBITDA margin expansion

5pp

Net margin expansion

3.8pp

BRK.B Gross margin

Over the last 3 years, Berkshire Hathaway's gross margin averaged 32.38%. The current gross margin of 33.8% is 1.4 percentage points above its three-year average. During this period, gross margin reached a high of 37.7% in Sep 2024 and a low of 29.3% in Jun 2024.

BRK.B Operating margin

Over the last 3 years, the average operating margin for Berkshire Hathaway was 24.85%. The latest operating margin for Berkshire Hathaway is 26.6%, 1.8 percentage points above its three-year average. Berkshire Hathaway's operating margin ranged from a low of 21.4% in Jun 2025 to a high of 30.2% in Sep 2024.

BRK.B EBITDA margin

Over the last 3 years, Berkshire Hathaway's EBITDA margin averaged 27.45%. The current EBITDA margin of 28.7% is 1.3 percentage points above its three-year average. During this period, EBITDA margin reached a high of 33.2% in Sep 2024 and a low of 23.7% in Jun 2025.

BRK.B Net margin

Berkshire Hathaway recorded an average net margin of 18.8% across the last 3 years. Berkshire Hathaway currently reports a net margin of 19.6%, 0.8 percentage points above its three-year average. Net margin was highest at 23.6% in Sep 2024 and lowest at 15.8% in Jun 2025.

BRK.B margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 33.8%, BRK.B ranks lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 83.9%, Berkshire Hathaway's gross margin is 60% lower.

BRK.B margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Berkshire Hathaway's gross margin?

The current gross margin for BRK.B is 33.8% as of Jun 30, 2026.

What is Berkshire Hathaway's operating margin?

The current operating margin for BRK.B is 26.6% as of Jun 30, 2026.

What is Berkshire Hathaway's EBITDA margin?

As of Jun 30, 2026, BRK.B has an EBITDA margin of 28.7%.

What is Berkshire Hathaway's net margin?

As of Jun 30, 2026, BRK.B has a net margin of 19.6%.

What are the average margins of BRK.B?

Berkshire Hathaway's gross, operating, EBITDA, and net margins averaged 32.4% gross, 24.9% operating, 27.5% EBITDA, and 18.8% net over the last 3 years.

What are the highest historical margins of BRK.B?

Over this 5-year history, BRK.B peaked at 39.4% gross in Dec 2021, 32.5% operating in Dec 2021, 35.4% EBITDA in Dec 2021, and 25.4% net in Dec 2021.

What are the lowest historical margins of BRK.B?

In the last 5 years, the lowest margins reported by BRK.B were -1.5% gross in Dec 2022, -12% operating in Dec 2022, -6.8% EBITDA in Dec 2022, and -9.7% net in Dec 2022.