Berkshire Hathaway (BRK-B) Tax Rate (2009 - 2026)
Berkshire Hathaway's Tax Rate was 19.62% in Q2 2026, up 7.86 percentage points from 11.76% a year earlier and up 2.25 percentage points from the prior quarter.
Berkshire Hathaway (BRK-B) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Berkshire Hathaway's Tax Rate was 18.59% through Jun 30, 2026, up 2.48 percentage points year-over-year; for FY2025, it was 16.51%, down 2.35 percentage points from FY2024.
- Tax Rate has now declined for three consecutive years, with a five-year change of -5.82 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 18.86% in FY2024 (-0.30 pp), 19.16% in FY2023 (-7.11 pp), 26.27% in FY2022 (+7.58 pp) and 18.69% in FY2021 (-3.64 pp).
- The Q2 2026 figure marks the highest quarterly Tax Rate since Q2 2024.
- Compared with a year earlier, Tax Rate was higher in three of the last eight quarters, with an average year-over-year change of -1.24 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2022 (a gain of 18.64 percentage points); the worst was Q1 2025 (a drop of 9.05 percentage points).
- Per Business Quant data, BRK-B's Tax Rate in the three quarters before Q2 2026 was 17.37% (Q1 2026), 17.44% (Q4 2025) and 19.00% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | 19.62% |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | 20.47% |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | 21.34% |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | 24.15% |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | 20.20% |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | 24.73% |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | 21.74% |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | 21.96% |
| 10 | Allstate | 56.84 Bn | 18.09 Bn | 8.73 Bn | 21.03% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.62% |
| Mar 31, 2026 | 17.37% |
| Dec 31, 2025 | 17.44% |
| Sep 30, 2025 | 19.00% |
| Jun 30, 2025 | 11.76% |
| Mar 31, 2025 | 9.25% |
| Dec 31, 2024 | 17.79% |
| Sep 30, 2024 | 18.54% |
| Jun 30, 2024 | 20.03% |
| Mar 31, 2024 | 18.30% |
| Dec 31, 2023 | 19.56% |
| Jun 30, 2023 | 20.33% |
| Mar 31, 2023 | 20.10% |
| Dec 31, 2022 | 18.26% |
| Mar 31, 2022 | 18.00% |
| Dec 31, 2021 | 18.50% |
| Sep 30, 2021 | 14.74% |
| Jun 30, 2021 | 20.42% |
| Mar 31, 2021 | 18.50% |
| Dec 31, 2020 | 20.42% |
Berkshire Hathaway Tax Rate 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=tax-rate&ticker=BRK-B&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=BRK-B&period=max&api_key=YOUR_API_KEY");
const data = await res.json();