Berkshire HathawayBSP:BERK34 -1.56%71 Net Margin % is 10.98% as of Mar. 2026, which is 37% below its 10-year median of 17.44. 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. Among 501 Insurance companies, Berkshire Hathaway ranks better than 78.44% on this metric.
The historical rank and industry rank for Berkshire Hathaway's Net Margin % or its related term are showing as below:
BSP:BERK34'
s Net Margin % Range Over the Past 10 Years
Min: -9.72 Med: 17.44 Max: 25.35
Current: 17.28
BSP:BERK34's Net Margin % is ranked better than 78.44% of 501
companies
in the Insurance industry
Industry Median: 9.29
vs BSP:BERK34: 17.28
Berkshire Hathaway (BSP:BERK34) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Berkshire Hathaway Net Margin % Related Terms
Berkshire Hathaway Net Margin % Historical Data
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The historical data trend for Berkshire Hathaway's Net Margin % 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.
BSP:BERK34 vs AIG, HIG, ACGL: Net Margin % Comparison
For the Insurance - Diversified subindustry, Berkshire Hathaway's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Berkshire Hathaway's Net Margin % distribution charts can be found below:
* The bar in red indicates where Berkshire Hathaway's Net Margin % falls into.
* 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 (BSP:BERK34) has a Net Margin % of 10.98% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Berkshire Hathaway and its competitors. This is 37% below median its historical median of 17.44. According to the industry distribution chart, Berkshire Hathaway ranks #108 out of 501 companies in the Insurance industry, placing it in the top 21.6%.
Is Berkshire Hathaway's Net Margin % too high?
Berkshire Hathaway's current Net Margin % of 10.98% is 37% below median its 10-year median of 17.44. The Insurance industry median Net Margin % is 9.29. Berkshire Hathaway's value of 10.98% is 18.2% above this industry median. Based on the distribution chart, Berkshire Hathaway ranks #108 out of 501 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. 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 Net Margin % compare to AIG and HIG?
According to the Insurance industry distribution chart, Berkshire Hathaway ranks #108 out of 501 companies for Net Margin %. This places Berkshire Hathaway in the top 22% of its industry — outperforming the majority of peers. The industry median Net Margin % is 9.29. Berkshire Hathaway's value of 10.98% is 18.2% above this benchmark. While the company's 10-year median is 17.44 vs. the industry median of 9.29, Berkshire Hathaway has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Insurance company?
The median Net Margin % among Insurance companies is 9.29, based on 501 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Berkshire Hathaway's current Net Margin % of 10.98% is 18.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Berkshire Hathaway and its competitors. For the Insurance industry, the median Net Margin % is 9.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berkshire Hathaway's current Net Margin % is 10.98%, which is 37% below median its own 10-year median of 17.44. 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 Net Margin % is 10.98%, which is 37% below median its 10-year median of 17.44 and 18.2% above the Insurance industry median of 9.29. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Berkshire Hathaway (BSP:BERK34), the current Net Margin % is 10.98% 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:
Net Margin %: 10.98% (37% below median its 10-year median of 17.44)
GF Value™: R$142.02 vs. price of R$126.50 (10.9% below fair value)
Industry Position: 18.2% above the Insurance median (#108 of 501)
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 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
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