Berkshire Hathaway (BRK-B) Invested Capital (2009 - 2026)
Berkshire Hathaway (BRK-B) posted Invested Capital of $894.41 billion for Q3 2026, up 8.1% from $827.68 billion a year earlier and up 1.8% from the prior quarter.
Berkshire Hathaway (BRK-B) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Berkshire Hathaway's Invested Capital came in at $848.78 billion, up 16.0% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of 13.6% (FY2020 to FY2025).
- In prior years, Berkshire Hathaway's Invested Capital was $731.53 billion in FY2024 (+18.8%), $615.98 billion in FY2023 (-98.7%), $47.02 trillion in FY2022 and $514.74 billion in FY2021 (+14.5%).
- The Q3 2026 figure stands as the highest quarterly Invested Capital since Q3 2024.
- On a year-over-year basis, Invested Capital has increased in each of the last four quarters, with an average decline of 29.0% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q4 2024, with growth of 18.8%; the weakest was Q4 2023, with a decline of 98.7%.
- According to Business Quant data, Invested Capital for the three prior quarters was $878.78 billion (Q2 2026), $858.34 billion (Q1 2026) and $848.78 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,268.35 Bn | -165.80 Bn | 56.71 Bn | 894.41 Bn |
| 2 | Chubb | 143.74 Bn | 94.67 Bn | 8.67 Bn | 97.60 Bn |
| 3 | Progressive | 136.59 Bn | 112.11 Bn | 8.29 Bn | 42.87 Bn |
| 4 | Marsh & Mclennan Companies | 98.68 Bn | 91.07 Bn | - | 35.44 Bn |
| 5 | Travelers Companies | 82.62 Bn | 60.10 Bn | 5.93 Bn | 38.81 Bn |
| 6 | Manulife Financial | 75.03 Bn | -19.34 Bn | - | 85.29 Bn |
| 7 | Arthur J. Gallagher | 72.55 Bn | 67.18 Bn | 3.33 Bn | 36.81 Bn |
| 8 | Aon | 71.77 Bn | 51.00 Bn | - | 38.24 Bn |
| 9 | Allstate | 66.66 Bn | 23.71 Bn | -9.85 Bn | 39.81 Bn |
| 10 | Metlife | 64.78 Bn | -43.18 Bn | 9.05 Bn | 28.21 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 894.41 Bn |
| Jun 30, 2026 | 878.78 Bn |
| Mar 31, 2026 | 858.34 Bn |
| Dec 31, 2025 | 848.78 Bn |
| Sep 30, 2025 | 827.68 Bn |
| Jun 30, 2025 | 797.30 Bn |
| Mar 31, 2025 | 782.67 Bn |
| Dec 31, 2024 | 731.53 Bn |
| Sep 30, 2024 | 44,282.81 Bn |
| Jun 30, 2024 | 42,547.97 Bn |
| Mar 31, 2024 | 41,300.79 Bn |
| Dec 31, 2023 | 615.98 Bn |
| Sep 30, 2023 | 41,472.50 Bn |
| Jun 30, 2023 | 41,937.55 Bn |
| Mar 31, 2023 | 41,949.08 Bn |
| Dec 31, 2022 | 47,019.68 Bn |
| Sep 30, 2022 | 42,000.23 Bn |
| Jun 30, 2022 | 43,109.84 Bn |
| Mar 31, 2022 | 519.20 Bn |
| Dec 31, 2021 | 514.74 Bn |
Berkshire Hathaway Invested Capital 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=invested-capital&ticker=BRK-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BRK-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();