ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Berkshire Hathaway's annualizedNet Income for the quarter that ended in Mar. 2026 was €34,967 Mil.
Berkshire Hathaway's average Total Assets over the quarter that ended in Mar. 2026 was €1,063,476 Mil. Therefore, Berkshire Hathaway's annualized ROA % for the quarter that ended in Mar. 2026 was 3.29%.
The historical rank and industry rank for Berkshire Hathaway's ROA % or its related term are showing as below:
FRA:BRYN'
s ROA % Range Over the Past 10 Years
Min: -2.39 Med: 6.22 Max: 10.67
Current: 6.01
During the past 13 years, Berkshire Hathaway's highest ROA % was 10.67%. The lowest was -2.39%. And the median was 6.22%.
FRA:BRYN's ROA % is ranked better than 81.1% of 508
companies
in the Insurance industry
Industry Median: 2.7
vs FRA:BRYN: 6.01
Berkshire Hathaway (FRA:BRYN) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Berkshire Hathaway ROA % Related Terms
Berkshire Hathaway ROA % Historical Data
* Premium members only.
The historical data trend for Berkshire Hathaway's ROA % 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.
For the Insurance - Diversified subindustry, Berkshire Hathaway's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Insurance Industry
For the Insurance industry and Financial Services sector, Berkshire Hathaway's ROA % distribution charts can be found below:
* The bar in red indicates where Berkshire Hathaway's ROA % 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Berkshire Hathaway (FRA:BRYN) has a ROA % of 3.29% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Berkshire Hathaway and its competitors. This is 47% below median its historical median of 6.22. According to the industry distribution chart, Berkshire Hathaway ranks #96 out of 508 companies in the Insurance industry, placing it in the top 18.9%.
Is Berkshire Hathaway's ROA % too high?
Berkshire Hathaway's current ROA % of 3.29% is 47% below median its 10-year median of 6.22. The Insurance industry median ROA % is 2.70. Berkshire Hathaway's value of 3.29% is 21.9% above this industry median. Based on the distribution chart, Berkshire Hathaway ranks #96 out of 508 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 Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Berkshire Hathaway's ROA % compare to AIG and HIG?
According to the Insurance industry distribution chart, Berkshire Hathaway ranks #96 out of 508 companies for ROA %. This places Berkshire Hathaway in the top 19% of its industry — outperforming the majority of peers. The industry median ROA % is 2.70. Berkshire Hathaway's value of 3.29% is 21.9% above this benchmark. While the company's 10-year median is 6.22 vs. the industry median of 2.70, 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 ROA % for an Insurance company?
The median ROA % among Insurance companies is 2.70, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Berkshire Hathaway's current ROA % of 3.29% is 21.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Berkshire Hathaway and its competitors. For the Insurance industry, the median ROA % is 2.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berkshire Hathaway's current ROA % is 3.29%, which is 47% below median its own 10-year median of 6.22. 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 (FRA:BRYN) is currently considered Fairly Valued. The stock's GF Value™ is €465.17, compared to a current price of €433.85 — trading 6.7% below its estimated fair value. The current ROA % is 3.29%, which is 47% below median its 10-year median of 6.22 and 21.9% above the Insurance industry median of 2.70. Berkshire Hathaway's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Berkshire Hathaway (FRA:BRYN), the current ROA % is 3.29% 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 (FRA:BRYN) Overvalued in 2026?
Based on GuruFocus' analysis, Berkshire Hathaway stock appears to be undervalued.
The current stock price of €433.85 is trading 6.7% below its estimated GF Value™ of €465.17.
GuruFocus considers Berkshire Hathaway to be Fairly Valued.
Key valuation signals for FRA:BRYN:
ROA %: 3.29% (47% below median its 10-year median of 6.22)
GF Value™: €465.17 vs. price of €433.85 (6.7% below fair value)
Industry Position: 21.9% above the Insurance median (#96 of 508)
No single metric tells the full story. See the FRA:BRYN 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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