Berkshire Hathaway (BRK-B) Return on Invested Capital [ROIC] (2009 - 2026)
Berkshire Hathaway (BRK-B) recorded Return on Invested Capital [ROIC] of -11.13% in Q3 2026, down 0.52 percentage points from -10.61% a year earlier and down 0.71 percentage points from the prior quarter.
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Analysis
Berkshire Hathaway (BRK-B) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Berkshire Hathaway reported Return on Invested Capital [ROIC] of -11.32%, up 1.68 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +3.95 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -13.00% in FY2024 (-12.57 pp), -0.43% in FY2023 (-0.15 pp), -0.28% in FY2022 (+13.50 pp) and -13.78% in FY2021 (+1.48 pp).
- The Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q2 2025.
- On a year-over-year basis, Return on Invested Capital [ROIC] rose in three of the last eight quarters, with an average year-over-year change of -5.14 percentage points.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 13.45 percentage points in Q3 2022, against a drop of 11.07 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -10.42% (Q2 2026), -10.46% (Q1 2026) and -10.68% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,268.35 Bn | -165.80 Bn | 56.71 Bn | -11.13% |
| 2 | Chubb | 143.74 Bn | 94.67 Bn | 8.67 Bn | 11.97% |
| 3 | Progressive | 136.59 Bn | 112.11 Bn | 8.29 Bn | 28.24% |
| 4 | Marsh & Mclennan Companies | 98.68 Bn | 91.07 Bn | - | 13.08% |
| 5 | Travelers Companies | 82.62 Bn | 60.10 Bn | 5.93 Bn | 21.49% |
| 6 | Manulife Financial | 75.03 Bn | -19.34 Bn | - | - |
| 7 | Arthur J. Gallagher | 72.55 Bn | 67.18 Bn | 3.33 Bn | 6.01% |
| 8 | Aon | 71.77 Bn | 51.00 Bn | - | 11.58% |
| 9 | Allstate | 66.66 Bn | 23.71 Bn | -9.85 Bn | 9.71% |
| 10 | Metlife | 64.78 Bn | -43.18 Bn | 9.05 Bn | 40.03% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -11.13% |
| Jun 30, 2026 | -10.42% |
| Mar 31, 2026 | -10.46% |
| Dec 31, 2025 | -10.68% |
| Sep 30, 2025 | -10.61% |
| Jun 30, 2025 | -11.25% |
| Mar 31, 2025 | -11.58% |
| Dec 31, 2024 | -0.39% |
| Sep 30, 2024 | -0.28% |
| Jun 30, 2024 | -0.28% |
| Mar 31, 2024 | -0.51% |
| Dec 31, 2023 | -0.48% |
| Sep 30, 2023 | -0.16% |
| Jun 30, 2023 | -0.17% |
| Mar 31, 2023 | -0.20% |
| Dec 31, 2022 | -0.15% |
| Sep 30, 2022 | -0.04% |
| Jun 30, 2022 | -0.38% |
| Mar 31, 2022 | -13.36% |
| Dec 31, 2021 | -13.28% |
API Access
Berkshire Hathaway Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BRK-B&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BRK-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();