Berkshire Hathaway Debt to Equity Ratio 2012-2025 | BRK.B

Current and historical debt to equity ratio values for Berkshire Hathaway (BRK.B) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Berkshire Hathaway debt/equity for the three months ending September 30, 2025 was 0.00.
Berkshire Hathaway Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $525.52B $700.44B 0.75
2025-06-30 $493.69B $670.28B 0.74
2025-03-31 $507.79B $656.74B 0.77
2024-12-31 $502.23B $651.66B 0.77
2024-09-30 $515.45B $631.81B 0.82
2024-06-30 $500.89B $607.97B 0.82
2024-03-31 $492.25B $577.79B 0.85
2023-12-31 $502.47B $567.51B 0.89
2023-09-30 $488.44B $531.50B 0.92
2023-06-30 $493.02B $548.55B 0.90
2023-03-31 $484.00B $513.08B 0.94
2022-12-31 $466.78B $481.68B 0.97
2022-09-30 $438.55B $463.75B 0.95
2022-06-30 $440.21B $469.65B 0.94
2022-03-31 $452.64B $516.87B 0.88
2021-12-31 $443.85B $514.93B 0.86
2021-09-30 $439.68B $481.08B 0.91
2021-06-30 $433.69B $478.80B 0.91
2021-03-31 $428.22B $456.18B 0.94
2020-12-31 $422.39B $451.34B 0.94
2020-09-30 $410.73B $419.22B 0.98
2020-06-30 $390.88B $397.25B 0.98
2020-03-31 $385.21B $375.24B 1.03
2019-12-31 $389.17B $428.56B 0.91
2019-09-30 $386.92B $401.56B 0.96
2019-06-30 $373.72B $386.39B 0.97
2019-03-31 $366.13B $372.59B 0.98
2018-12-31 $355.29B $352.50B 1.01
2018-09-30 $357.04B $379.42B 0.94
2018-06-30 $350.17B $361.76B 0.97
2018-03-31 $351.60B $351.05B 1.00
2017-12-31 $350.14B $351.95B 1.00
2017-09-30 $369.70B $311.85B 1.19
2017-06-30 $361.50B $304.09B 1.19
2017-03-31 $358.17B $296.28B 1.21
2016-12-31 $335.43B $285.43B 1.18
2016-09-30 $331.42B $272.62B 1.22
2016-06-30 $326.56B $266.26B 1.23
2016-03-31 $324.48B $261.84B 1.24
2015-12-31 $293.63B $258.63B 1.14
2015-09-30 $294.15B $251.32B 1.17
2015-06-30 $291.57B $249.20B 1.17
2015-03-31 $286.24B $244.84B 1.17
2014-12-31 $282.84B $243.03B 1.16
2014-09-30 $277.06B $240.30B 1.15
2014-06-30 $267.62B $236.76B 1.13
2014-03-31 $264.66B $230.29B 1.15
2013-12-31 $260.45B $224.49B 1.16
2013-09-30 $246.65B $211.43B 1.17
2013-06-30 $241.58B $204.99B 1.18
2013-03-31 $240.20B $202.11B 1.19
2012-12-31 $235.86B $191.59B 1.23
2012-09-30 $235.04B $189.07B 1.24
2012-06-30 $229.64B $181.72B 1.26
2012-03-31 $231.09B $180.27B 1.28
2011-12-31 $223.69B $168.96B 1.32
2011-09-30 $221.61B $163.88B 1.35
2011-06-30 $215.91B $166.78B 1.30
2011-03-31 $212.23B $164.27B 1.29
2010-12-31 $209.30B $162.93B 1.29
2010-09-30 $209.38B $154.60B 1.35
2010-06-30 $201.67B $147.51B 1.37
2010-03-31 $204.40B $151.92B 1.35
2009-12-31 $161.33B $135.79B 1.19
2009-09-30 $161.33B $130.68B 1.24
2009-06-30 $156.81B $118.84B 1.32
2009-03-31 $153.62B $106.92B 1.44
2008-12-31 $153.69B $113.71B 1.35
2008-09-30 $161.57B $120.16B 1.35
2008-06-30 $159.80B $117.99B 1.35
2008-03-31 $161.68B $119.37B 1.35
2007-12-31 $152.43B $120.73B 1.26
2007-09-30 $156.61B $119.90B 1.31
2007-06-30 $153.78B $115.27B 1.33
2007-03-31 $151.79B $109.89B 1.38
2006-12-31 $140.02B $108.42B 1.29
2006-09-30 $137.76B $102.24B 1.35
2006-06-30 $134.72B $97.61B 1.38
2006-03-31 $134.86B $95.35B 1.41
2005-12-31 $106.84B $91.48B 1.17
2005-09-30 $107.19B $89.52B 1.20
2005-06-30 $106.75B $88.09B 1.21
2005-03-31 $104.62B $86.46B 1.21
2004-12-31 $102.97B $85.90B 1.20
2004-09-30 $101.18B $80.68B 1.25
2004-06-30 $122.99B $80.44B 1.53
2004-03-31 $131.23B $79.72B 1.65
2003-12-31 $102.96B $77.60B 1.33
2003-09-30 $100.27B $71.97B 1.39
2003-06-30 $102.33B $70.61B 1.45
2003-03-31 $104.26B $65.36B 1.60
2002-12-31 $105.51B $64.04B 1.65
2002-09-30 $105.13B $62.62B 1.68
2002-06-30 $105.13B $62.37B 1.69
2002-03-31 $104.13B $60.50B 1.72
2001-12-31 $104.80B $57.95B 1.81
2001-09-30 $97.48B $57.11B 1.71
2001-06-30 $90.05B $58.73B 1.53
2001-03-31 $88.30B $58.39B 1.51
2000-12-31 $74.07B $61.72B 1.20
2000-09-30 $71.09B $59.39B 1.20
2000-06-30 $77.21B $57.59B 1.34
2000-03-31 $77.91B $56.29B 1.38
1999-12-31 $73.66B $57.76B 1.28
1999-09-30 $71.29B $55.31B 1.29
1999-06-30 $67.13B $58.04B 1.16
1999-03-31 $65.89B $57.88B 1.14
1998-12-31 $64.83B $57.40B 1.13
1998-09-30 $23.15B $30.96B 0.75
1998-06-30 $27.03B $36.92B 0.73
1998-03-31 $26.39B $34.78B 0.76
1997-12-31 $24.66B $31.46B 0.78
1997-09-30 $22.61B $28.01B 0.81
1997-06-30 $22.54B $28.01B 0.81
1997-03-31 $19.95B $24.19B 0.83
1996-12-31 $19.98B $23.43B 0.85
1996-09-30 $18.02B $21.19B 0.85
1996-06-30 $17.38B $20.01B 0.87
1996-03-31 $16.99B $18.12B 0.94
1995-12-31 $11.97B $16.74B 0.72
1995-09-30 $12.20B $16.18B 0.75
1995-06-30 $11.17B $14.70B 0.76
1995-03-31 $10.32B $12.97B 0.80
1994-12-31 $9.46B $11.88B 0.80
1994-09-30 $9.12B $11.41B 0.80
1994-06-30 $9.00B $10.79B 0.83
1994-03-31 $8.95B $10.45B 0.86
1993-12-31 $9.09B $10.43B 0.87
1993-09-30 $8.60B $9.36B 0.92
1993-06-30 $8.09B $9.09B 0.89
1993-03-31 $7.85B $9.24B 0.85
1992-12-31 $8.11B $8.90B 0.91
1992-09-30 $7.80B $8.14B 0.96
1992-06-30 $7.52B $8.01B 0.94
1992-03-31 $7.18B $7.61B 0.95
1991-12-31 $7.08B $7.38B 0.96
1991-09-30 $6.03B $6.63B 0.91
1991-06-30 $5.77B $6.07B 0.95
1991-03-31 $5.60B $5.89B 0.95
1990-12-31 $5.38B $5.29B 1.02
1990-09-30 $4.37B $4.81B 0.91
1990-06-30 $4.61B $5.41B 0.85
1990-03-31 $4.41B $4.80B 0.92
1989-12-31 $4.53B $4.93B 0.92
1989-09-30 $4.22B $4.61B 0.91
1989-06-30 $3.59B $4.14B 0.87
1989-03-31 $3.45B $3.67B 0.94
1988-12-31 $3.34B $3.41B 0.98
1988-09-30 $2.87B $3.29B 0.87
1988-06-30 $2.78B $3.08B 0.90
1988-03-31 $2.83B $3.03B 0.94
1987-12-31 $2.96B $2.84B 1.04
1987-09-30 $2.55B $3.10B 0.82
1987-06-30 $2.41B $2.96B 0.82
1987-03-31 $2.28B $2.74B 0.83
1986-12-31 $2.02B $2.38B 0.85
Sector Industry Market Cap Revenue
Finance Property, Casualty and Title Insurance $1073.382B $371.433B
Berkshire Hathaway is a holding company, which owns subsidiaries in insurance, rail roads, utilities, manufacturing services, retail and home building. The most important of these are insurance businesses conducted on both a primary basis and insurance basis, a freight rail transportation business and a group of utility and energy generation and distribution businesses. It has four major operating sectors - The Insurance group (includes GEICO, Government Employees Insurance Company writes private passenger automobile insurance); General Re (conducts reinsurance business, offering property and casualty, life and health coverage to clients worldwide); Berkshire Hathaway Reinsurance Group (underwrites excess-of-loss reinsurance and quota-share coverage for insurers and reinsurers globally); Berkshire Hathaway Primary Group (comprises a wide variety of independently-managed insurance businesses that principally write liability coverage for commercial accounts).
Stock Name Country Market Cap PE Ratio
Berkshire Hathaway (BRK.A) United States $1080.717B 22.14
Chubb (CB) Switzerland $127.884B 13.09
Progressive (PGR) United States $119.936B 11.21
Sampo (SAXPY) Finland $113.080B 17.79
Tokio Marine Holdings (TKOMY) Japan $81.711B 15.09
Travelers (TRV) United States $63.619B 10.62
Allstate (ALL) United States $54.302B 5.94
MS&AD Insurances (MSADY) Japan $41.523B 8.26
Hartford Insurance (HIG) United States $39.359B 10.50
Fairfax Financial Holdings (FRFHF) Canada $37.875B 8.37
Arch Capital Group (ACGL) Bermuda $35.675B 9.97
Intact Financial (IFCZF) $34.134B 0.00
W.R Berkley (WRB) United States $26.487B 16.25
Cincinnati Financial (CINF) United States $25.395B 20.47
CNA Financial (CNA) United States $13.179B 9.90
RenaissanceRe Holdings (RNR) Bermuda $13.106B 7.58
American Financial (AFG) United States $10.755B 12.53
Kinsale Capital (KNSL) United States $8.638B 19.03
Axis Capital Holdings (AXS) Bermuda $7.846B 7.86
First American Financial (FAF) United States $6.850B 11.09
Hanover Insurance (THG) United States $6.113B 8.99
Essent Group (ESNT) Bermuda $5.937B 8.91
RLI (RLI) United States $5.659B 17.46
White Mountains Insurance Group (WTM) United States $5.566B 12.49
Selective Insurance (SIGI) United States $5.192B 11.69
Mercury General (MCY) United States $5.177B 13.31
Hagerty (HGTY) United States $4.125B 33.50
Palomar Holdings (PLMR) United States $3.501B 18.40
NMI Holdings Inc (NMIH) United States $3.015B 8.08
HCI (HCI) United States $2.047B 10.04
Stewart Information Services (STC) United States $1.945B 14.22
Skyward Specialty Insurance (SKWD) United States $1.832B 12.43
Exzeo (XZO) United States $1.398B 0.00
ProAssurance (PRA) United States $1.259B 21.11
Safety Insurance (SAFT) United States $1.182B 15.40
United Fire (UFCS) United States $1.003B 8.55
Root (ROOT) United States $0.910B 17.73
UNIVERSAL INSURANCE HOLDINGS INC (UVE) United States $0.874B 7.28
Bowhead Specialty Holdings (BOW) United States $0.789B 15.04
Heritage Insurance Holdings (HRTG) United States $0.767B 5.14
Donegal (DGICA) United States $0.685B 7.92
Donegal (DGICB) United States $0.589B 7.30
American Coastal Insurance (ACIC) United States $0.541B 6.56
Investors Title (ITIC) United States $0.498B 13.89
Greenlight Capital Re (GLRE) Cayman Islands $0.481B 0.00
Global Indemnity (GBLI) United States $0.404B 13.19
Kingsway Financial Services (KFS) United States $0.354B 0.00
American Integrity Insurance (AII) United States $0.349B 0.00
NI Holdings (NODK) United States $0.274B 102.39
Kingstone (KINS) United States $0.222B 7.45
First Acceptance (FACO) United States $0.149B 5.27
Roadzen (RDZN) United States $0.093B 0.00