Touchstone
Last syncNov 1, 2026, 6:55 PM ET

BRK-B

Berkshire Hathaway Inc Financials Fire, Marine & Casualty Insurance S&P 500
$542.49Close $465.40 – $548.5652-week range Nov 6, 2026Next report

Highlights

Strengths

  • Near its high 1% below its 52-week high
  • Accumulation up-day volume 1.9× down-day volume over 50 sessions

Cautions

  • Trend not confirmed 6 of 8 conditions · under 30% off the low, RS under 70
  • Extended 4.3 ATR above its 50-day average
  • Results soon Nov 6, 2026, in 5 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 10, 2026
Off 12-month high 1%
1wk up 0.1% price change
1mo up 8.9% price change
12-month return up 13% market up 11% · its own up 3%
F-score — — Not assessed
Altman Z — Unknown
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth down 1% year on year
EPS growth — latest quarter
Sales growth up 14% latest quarter · +8 pts
ROE up 10% return on equity
Free cash margin —
D/E — long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 1.2% $6.65 a day · 2×ATR $529.18
RS 64 / 99 vs the universe
Trend 6 / 8 under 30% off the low, RS under 70
Relative volume 1.0× vs 50-day average
Up/down volume 1.86 50 sessions
Implied move 3.1% by Nov 13, 2026 · report Nov 6, 2026
Trend template · 6 of 8
  • At least 30% above the 52-week low: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Revenue shrinking Revenue fell 1.0% over the year, from $249.7B to $247.2B.
Last reported Aug 11, 2026
Results reaction Aug 11, 2026-3% vs market2 sessions after results
Options $28.3M17.1% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $247.2B -1.0% on FY2024
$0 $500B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $166.7B FY2021 · $191.3B FY2022 · $207.8B FY2023 · $254.9B FY2024 · $249.7B FY2025 · $247.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $67.0B -25% on FY2024
-$25B $0 $100B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $42.5B FY2021 · $89.9B FY2022 · -$22.8B FY2023 · $96.2B FY2024 · $89.0B FY2025 · $67.0B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 27%
-20% 0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net 26% FY2021 · Net 47% FY2022 · Net -11% FY2023 · Net 38% FY2024 · Net 36% FY2025 · Net 27%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $100B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $48.4B FY2021 · Cash $88.7B FY2022 · Cash $36.4B FY2023 · Cash $38.6B FY2024 · Cash $48.4B FY2025 · Cash $52.6B
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $166.7B $191.3B $207.8B $254.9B $249.7B $247.2B
Net income $42.5B $89.9B -$22.8B $96.2B $89.0B $67.0B
Net margin 26% 47% -11% 38% 36% 27%
Cash $48.4B $88.7B $36.4B $38.6B $48.4B $52.6B
Shareholders' equity $443.2B $506.2B $473.4B $561.3B $649.4B $717.4B

Next report

Nov 6, 2026

Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology ±3.1% $527 – $560 by Nov 13, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology ±2.9% last 4: -3.7% · +1.3% · -4.7% · +2.1%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology About usual 1.1× the usual move

What options price now

Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
$522 – $564 ±3.9% by Nov 27, 2026
Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
Bigger 17.1% priced · 11.4% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
Choppier
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs less
Positioning
Premium traded
$28.3M calls $22.3M · puts $6.0M · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.27× +0.04 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls -34.66k · puts -16.30k past week

For options traders: ATM IV 17.1% (+0.8% 1w) · 1m ÷ 3m IV 1.08 · 25Δ skew 2.2 pts · Net GEX $279.4M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 10, 2026 Quarterly ↗ Jun 30, 2026 41d
May 4, 2026 Quarterly ↗ Mar 31, 2026 34d
Mar 2, 2026 Annual ↗ Dec 31, 2025 61d
Nov 3, 2025 Quarterly ↗ Sep 30, 2025 34d
Aug 4, 2025 Quarterly ↗ Jun 30, 2025 35d
May 5, 2025 Quarterly ↗ Mar 31, 2025 35d
Feb 24, 2025 Annual ↗ Dec 31, 2024 55d
Nov 4, 2024 Quarterly ↗ Sep 30, 2024 35d
Aug 5, 2024 Quarterly ↗ Jun 30, 2024 36d
May 6, 2024 Quarterly ↗ Mar 31, 2024 36d
Feb 26, 2024 Annual ↗ Dec 31, 2023 57d
Nov 6, 2023 Quarterly ↗ Sep 30, 2023 37d

Current reports

FiledDisclosed
Aug 11, 2026 Results ↗
May 7, 2026 Results · Director or officer change · Charter or bylaws · Shareholder vote ↗
Apr 16, 2026 Other events ↗
Mar 5, 2026 Other events ↗
Mar 2, 2026 Results ↗
Dec 11, 2025 Director or officer change ↗
Nov 21, 2025 Other events ↗
Nov 3, 2025 Results ↗
Oct 3, 2025 Charter or bylaws ↗
Aug 4, 2025 Results ↗
May 8, 2025 Director or officer change ↗
May 6, 2025 Results · Shareholder vote ↗