Berkshire Hathaway (BRK-B) Gross Margin (2009 - 2026)
Berkshire Hathaway (BRK-B) reported Gross Margin of 54.87% for Q2 2026, down 2.31 percentage points from 57.18% a year earlier and down 1.14 percentage points from the prior quarter.
Berkshire Hathaway (BRK-B) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Berkshire Hathaway's Gross Margin came in at 56.23%, down 0.45 percentage points year-over-year; for FY2025, it was 56.91%, up 0.97 percentage points from FY2024.
- Gross Margin has a five-year change of -1.93 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 55.94% in FY2024 (+2.39 pp), 53.56% in FY2023 (-5.28 pp), 58.84% in FY2022 (+0.16 pp) and 58.67% in FY2021 (-0.16 pp).
- The Q2 2026 figure ranks as the lowest quarterly Gross Margin since Q1 2024.
- Year over year, Gross Margin gained in two of the last six quarters, with an average year-over-year change of -1.42 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2023 (a gain of 8.41 percentage points); the low point was Q2 2024 (a drop of 11.83 percentage points).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | 54.87% |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | 57.69% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 38.28% |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | 51.27% |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | 40.82% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | - |
| 10 | Allstate | 56.84 Bn | 18.09 Bn | 8.73 Bn | 46.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.87% |
| Mar 31, 2026 | 56.01% |
| Sep 30, 2025 | 56.96% |
| Jun 30, 2025 | 57.18% |
| Mar 31, 2025 | 57.03% |
| Sep 30, 2024 | 57.44% |
| Jun 30, 2024 | 55.07% |
| Mar 31, 2024 | 54.61% |
| Sep 30, 2023 | 66.69% |
| Jun 30, 2023 | 66.90% |
| Mar 31, 2023 | 64.49% |
| Dec 31, 2022 | 59.51% |
| Sep 30, 2022 | 59.31% |
| Jun 30, 2022 | 58.49% |
| Mar 31, 2022 | 57.96% |
| Sep 30, 2021 | 58.94% |
| Jun 30, 2021 | 58.39% |
| Mar 31, 2021 | 58.93% |
| Dec 31, 2020 | 58.80% |
| Sep 30, 2020 | 58.81% |
Berkshire Hathaway Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=BRK-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "BRK-B", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=BRK-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();