TTM
16.1%
YoY change
−0.15pp
Trough year (1988)
0.0%
Peak year (1995)
77.6%
Latest annual
15.9%
Operating Margin history chart for Berkshire Hathaway (BRK-B) from 1988 to 2025
Latest: 15.9%
Operating Margin change chart for Berkshire Hathaway (BRK-B) from 1988 to 2025
Latest: −0.15pp
Operating Margin history table for Berkshire Hathaway (BRK-B) from 1988 to 2025
| 2025 | 15.9% | -0.15pp | ||
| 2024 | 16.0% | +2.80pp | ||
| 2023 | 13.2% | -0.57pp | ||
| 2022 | 13.8% | +1.09pp | ||
| 2021 | 12.7% | +0.48pp | ||
| 2020 | 12.2% | -0.63pp | ||
| 2019 | 12.8% | -0.12pp | ||
| 2018 | 13.0% | +2.92pp | ||
| 2017 | 10.0% | -2.98pp | ||
| 2016 | 13.0% | -1.08pp | ||
| 2015 | 14.1% | -2.10pp | ||
| 2014 | 16.2% | -0.06pp | ||
| 2013 | 16.3% | +1.73pp | ||
| 2012 | 14.5% | +0.21pp | ||
| 2011 | 14.3% | -2.60pp | ||
| 2010 | 16.9% | +5.24pp | ||
| 2009 | 11.7% | -3.94pp | ||
| 2008 | 15.6% | -3.12pp | ||
| 2007 | 18.7% | +0.52pp | ||
| 2006 | 18.2% | +1.38pp | ||
| 2005 | 16.8% | -1.99pp | ||
| 2004 | 18.8% | -0.01pp | ||
| 2003 | 18.8% | +3.77pp | ||
| 2002 | 15.1% | +11.33pp | ||
| 2001 | 3.7% | -12.29pp | ||
| 2000 | 16.0% | +5.76pp | ||
| 1999 | 10.2% | -21.42pp | ||
| 1998 | 31.7% | +4.57pp | ||
| 1997 | 27.1% | -8.06pp | ||
| 1996 | 35.2% | -42.47pp | ||
| 1995 | 77.6% | +57.82pp | ||
| 1994 | 19.8% | -29.27pp | ||
| 1993 | 49.1% | -27.90pp | ||
| 1992 | 77.0% | +38.58pp | ||
| 1991 | 38.4% | -16.62pp | ||
| 1990 | 55.0% | +55.03pp | ||
| 1989 | 0.0% | 0.00pp | ||
| 1988 | 0.0% | — |
- 202515.9%-0.15pp
- 202416.0%+2.80pp
- 202313.2%-0.57pp
- 202213.8%+1.09pp
- 202112.7%+0.48pp
- 202012.2%-0.63pp
- 201912.8%-0.12pp
- 201813.0%+2.92pp
- 201710.0%-2.98pp
- 201613.0%-1.08pp
- 201514.1%-2.10pp
- 201416.2%-0.06pp
- 201316.3%+1.73pp
- 201214.5%+0.21pp
- 201114.3%-2.60pp
- 201016.9%+5.24pp
- 200911.7%-3.94pp
- 200815.6%-3.12pp
- 200718.7%+0.52pp
- 200618.2%+1.38pp
- 200516.8%-1.99pp
- 200418.8%-0.01pp
- 200318.8%+3.77pp
- 200215.1%+11.33pp
- 20013.7%-12.29pp
- 200016.0%+5.76pp
- 199910.2%-21.42pp
- 199831.7%+4.57pp
- 199727.1%-8.06pp
- 199635.2%-42.47pp
- 199577.6%+57.82pp
- 199419.8%-29.27pp
- 199349.1%-27.90pp
- 199277.0%+38.58pp
- 199138.4%-16.62pp
- 199055.0%+55.03pp
- 19890.0%0.00pp
- 19880.0%—
Operating Margin values are taken from Berkshire Hathaway's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at Berkshire Hathaway (BRK-B)
According to Berkshire Hathaway's latest reported financial statements, the company's latest reported operating margin is 16.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for Berkshire Hathaway (BRK-B) came in at 15.85% – contracted 0.2 percentage points year-over-year.
Across the available history, operating margin reached its high of 77.64% in 1995 and its low of 0.00% in 1988.
Berkshire Hathaway Operating Margin by Year
Berkshire Hathaway Operating Margin 2025: 15.9%
2025's operating margin for Berkshire Hathaway came in at 15.85%, contracted 0.2 percentage points from 2024.
Berkshire Hathaway Operating Margin 2024: 16.0%
Berkshire Hathaway posted operating margin of 16.00% in 2024, expanded 2.8 percentage points from 2023.
Berkshire Hathaway Operating Margin 2023: 13.2%
In 2023, Berkshire Hathaway reported operating margin of 13.20%, contracted 0.6 percentage points from 2022.
Berkshire Hathaway Operating Margin 2022: 13.8%
Berkshire Hathaway operating margin in 2022 was 13.77%, expanded 1.1 percentage points from 2021.
Berkshire Hathaway Operating Margin 2021: 12.7%
Berkshire Hathaway operating margin in 2021 was 12.68%.
See more financial history for Berkshire Hathaway (BRK-B).
Sector peers by Operating Margin
Financial Services peers of Berkshire Hathaway (BRK-B), ranked by their latest operating margin
| 61.1% | |
| 59.4% | |
| 26.2% | |
| 22.9% | |
| 20.5% | |
| 20.5% | |
| 19.5% | |
| 12.8% |
- 61.1%
- 59.4%
- 26.2%
- 20.5%
- 20.5%
- 19.5%
- 12.8%
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