Berkshire Hathaway (BSP:BERK34) EBIT: R$511,603 Mil (TTM As of Mar. 2026)


BSP:BERK34 Berkshire Hathaway Inc BSP:BERK34
71 GF Score
Price R$126.50
GF Value R$142.02
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Berkshire Hathaway EBIT?

Berkshire Hathaway BSP:BERK34 -1.56% 71 EBIT is R$511,603 Mil as of Mar. 2026. GuruFocus rates BSP:BERK34 with a GF Score™ of 71/100 and a GF Value™ of R$142.02 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Berkshire Hathaway's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$71,227 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$511,603 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Berkshire Hathaway's annualized ROC % for the quarter that ended in Mar. 2026 was 3.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Berkshire Hathaway's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.72%.


Berkshire Hathaway  (BSP:BERK34) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Berkshire Hathaway's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=284908.608 * ( 1 - 17.37% )/( (6414288.85795 + 6178895.2966)/ 2 )
=235419.9827904/6296592.077275
=3.74 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=6667825.603 - 911.102 - ( 283025.349 - 5% * 607994.119 )
=6414288.85795

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=6548876.422 - 90100.778 - ( 303954.811 - 5% * 481489.272 )
=6178895.2966

Note: The EBIT data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Berkshire Hathaway's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=511602.545/5866929.111
=8.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Berkshire Hathaway EBIT Related Terms


Berkshire Hathaway EBIT Historical Data

* Premium members only.

The historical data trend for Berkshire Hathaway's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Berkshire Hathaway EBIT Chart

Berkshire Hathaway Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 656,155.01 -137,156.72 613,303.07 705,129.18 477,526.51

Berkshire Hathaway Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36,880.63 88,749.44 211,119.86 140,506.10 71,227.15

BSP:BERK34 vs AIG, HIG, ACGL: EBIT Comparison

For the Insurance - Diversified subindustry, Berkshire Hathaway's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Berkshire Hathaway EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Berkshire Hathaway's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Berkshire Hathaway's EV-to-EBIT falls into.


BSP:BERK34
71GF Score
Berkshire Hathaway Inc BSP:BERK34
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Berkshire Hathaway EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$511,603 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of R$511,603 Mil mean?
Berkshire Hathaway (BSP:BERK34) has a EBIT of R$511,603 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Berkshire Hathaway.
Is Berkshire Hathaway's EBIT too high?
Berkshire Hathaway's current EBIT is R$511,603 Mil. Overall, Berkshire Hathaway has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Berkshire Hathaway's EBIT compare to AIG and HIG?
Berkshire Hathaway's EBIT of R$511,603 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Berkshire Hathaway. Berkshire Hathaway's current EBIT is R$511,603 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berkshire Hathaway stock overvalued right now?
Based on GuruFocus' analysis, Berkshire Hathaway (BSP:BERK34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$142.02, compared to a current price of R$126.50 — trading 10.9% below its estimated fair value. The current EBIT is R$511,603 Mil. Berkshire Hathaway's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Berkshire Hathaway (BSP:BERK34), the current EBIT is R$511,603 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Berkshire Hathaway (BSP:BERK34) Overvalued in 2026?

Based on GuruFocus' analysis, Berkshire Hathaway stock appears to be undervalued. The current stock price of R$126.50 is trading 10.9% below its estimated GF Value™ of R$142.02. GuruFocus considers Berkshire Hathaway to be Modestly Undervalued.

Key valuation signals for BSP:BERK34:

  • EBIT: R$511,603 Mil
  • GF Value™: R$142.02 vs. price of R$126.50 (10.9% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the BSP:BERK34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Berkshire Hathaway Business Description

Address 3555 Farnam Street, Omaha, NE, USA, 68131
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 its operations to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up its manufacturing, service, and retailing operations (which include Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis. Berkshire generated close to $371.4 billion in operating revenue in during 2025.
71GF Score

Get the complete analysis for BSP:BERK34

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$126.50
Price
R$142.02
GF Value