Skip to Content

Berkshire Hathaway Inc Class B BRK.B

Morningstar Rating
$357.07 −2.93 (0.81%)
View Full Chart
Unlock Our Analysis with Morningstar Investor

Company Report

Berkshire Hathaway: Munger's Passing Is a Spiritual Loss for the Company and Warren Buffett

We knew Berkshire Hathaway Vice Chairman Charlie Munger's passing was imminent, as he was nearly 100 years old and not in the best of health the past few years. It is certainly a spiritual loss for Berkshire Hathaway and for Munger's investing partner of the past 60-plus years, Chairman and CEO Warren Buffett. In accordance with contemporary corporate operations, we don't expect the event to have too significant of an impact on Berkshire's wide economic moat or our $600,000 ($400) per Class A (B) share fair value estimate.

Price vs Fair Value

BRK.B is trading at a 11% discount.
Price
$357.08
Fair Value
$972.00
Uncertainty
Low
1-Star Price
$527.00
5-Star Price
$251.00
Economic Moat
Zyqc
Capital Allocation
Nxvttfnlx

Bulls Say, Bears Say

Bulls

Book value per share, which is a good proxy for measuring changes in Berkshire's intrinsic value, increased at an estimated 18.3% CAGR during 1965-2022, compared with a 9.9% annualized return for the S&P 500 TR Index.

Bears

Given its size, Berkshire's biggest long-term hurdle will be its ability to consistently find deals that not only add value but are large enough to be meaningful.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if BRK.B is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$360.00
Day Range
$355.30360.24
52-Week Range
$292.42373.34
Bid/Ask
$357.40 / $357.70
Market Cap
$773.41 Bil
Volume/Avg
4.7 Mil / 3.2 Mil

Key Statistics

Price/Earnings (Normalized)
21.89
Price/Sales
1.95
Dividend Yield
Dividend Yield (Forward)
Total Yield
1.23%

Company Profile

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the firms that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.
Sector
Financial Services
Industry
Insurance - Diversified
Stock Style Box
Large Growth
Total Number of Employees
383,000

Competitors

Valuation

Metric
BRK.B
MKL
ALL
Price/Earnings (Normalized)
21.8917.28
Price/Book Value
1.471.412.86
Price/Sales
1.951.260.65
Price/Cash Flow
24.176.8510.50
Price/Earnings
BRK.B
MKL
ALL

Financial Strength

Metric
BRK.B
MKL
ALL
Quick Ratio
Current Ratio
Interest Coverage
20.5814.43−6.34
Quick Ratio
No chart available

Profitability

Metric
BRK.B
MKL
ALL
Return on Assets (Normalized)
7.90%4.13%−1.66%
Return on Equity (Normalized)
15.53%16.33%−11.02%
Return on Invested Capital (Normalized)
12.90%12.54%−5.42%
Return on Assets
BRK.B
MKL
ALL

Insurance - Diversified Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
BRK.A
Berkshire Hathaway Inc Class AJtmz$777.3 Bil
ALIZY
Allianz SE ADRGzlr$101.1 Bil
ZURVY
Zurich Insurance Group AG ADRBphdqmt$73.5 Bil
AXAHY
AXA SA ADRFplrt$71.4 Bil
AIG
American International Group IncByjq$46.3 Bil
SLF
Sun Life Financial IncYmbf$29.6 Bil
AVVIY
Aviva PLC ADRGqwx$14.6 Bil
AEG
Aegon Ltd ADRZhtc$10.7 Bil
AGESY
Ageas SA/ NV ADRTlgtp$8.0 Bil