Berkshire Hathaway
Berkshire Hathaway debt and dilution—
Borrowings, liquidity, share count and stock-based dilution.
Total debt
USD millions
Reported borrowing balances are unavailable in the extracted statements for this period.
Cash & equivalents
USD millions
Net debt
USD millions
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / equity
×
Reported borrowing balances are unavailable in the extracted statements for this period.
Debt / assets
%
Reported borrowing balances are unavailable in the extracted statements for this period.
Net debt / EBITDA
× · TTM
Not applicable to banks and insurers: these ratios use an industrial-company capital model.
Debt / FCF
× · TTM
Reported borrowing balances are unavailable in the extracted statements for this period.
Interest coverage
× · TTM
Not applicable to banks and insurers: these ratios use an industrial-company capital model.
Current ratio
×
The reported inputs required for this metric are unavailable in the extracted statements for this period.
Diluted shares
Million shares
Berkshire’s A/B share conversion has not been validated for this calculation.
Basic shares
Million shares
Berkshire’s A/B share conversion has not been validated for this calculation.
Share count growth
%
Berkshire’s A/B share conversion has not been validated for this calculation.
Share repurchases
USD millions
Quarterly data
| Fiscal period | Ended | Total debtUSD millions | Cash & equivalentsUSD millions | Net debtUSD millions | Debt / equity× | Debt / assets% | Net debt / EBITDA× | Debt / FCF× | Interest coverage× | Current ratio× | Diluted sharesMillion shares | Basic sharesMillion shares | Share count growth% | Share repurchasesUSD millions |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | — | — | — | — | — | — | — | — | — | 4,209 |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | — | — | — | — | — | — | — | — | — | 235 |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| FY 2024 Q4 | Dec 31, 2024 | — | — | — | — | — | — | — | — | — | — | — | — | 0 |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | — | — | — | — | — | — | — | — | — | 0 |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | — | — | — | — | — | — | — | — | — | 356 |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | — | — | — | — | — | — | — | — | — | 2,562 |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | — | — | — | — | — | — | — | — | — | 2,193 |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | — | — | — | — | — | — | — | — | — | 1,128 |
| FY 2023 Q2 | Jun 30, 2023 | — | — | — | — | — | — | — | — | — | — | — | — | 1,400 |
| FY 2023 Q1 | Mar 31, 2023 | — | — | — | — | — | — | — | — | — | — | — | — | 4,450 |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | — | — | — | — | — | — | — | — | — | 2,608 |
| FY 2022 Q3 | Sep 30, 2022 | — | — | — | — | — | — | — | — | — | — | — | — | 1,055 |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | — | — | — | — | — | — | — | — | — | 1,011 |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | — | — | — | — | — | — | — | — | — | 3,180 |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | — | — | — | — | — | — | — | — | — | 6,869 |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | — | — | — | — | — | — | — | — | — | 7,632 |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | — | — | — | — | — | — | — | — | — | 5,980 |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | — | — | — | — | — | — | — | — | — | 6,580 |
| FY 2020 Q4 | Dec 31, 2020 | — | — | — | — | — | — | — | — | — | — | — | — | 8,994 |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | — | — | — | — | — | — | — | — | — | 8,973 |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | — | — | — | — | — | — | — | — | — | 4,998 |
| FY 2020 Q1 | Mar 31, 2020 | — | — | — | — | — | — | — | — | — | — | — | — | 1,741 |
| FY 2019 Q4 | Dec 31, 2019 | — | — | — | — | — | — | — | — | — | — | — | — | 2,043 |
| FY 2019 Q3 | Sep 30, 2019 | — | — | — | — | — | — | — | — | — | — | — | — | 674 |
| FY 2019 Q2 | Jun 30, 2019 | — | — | — | — | — | — | — | — | — | — | — | — | 548 |
| FY 2019 Q1 | Mar 31, 2019 | — | — | — | — | — | — | — | — | — | — | — | — | 1,585 |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | — | — | — | — | — | — | — | — | — | 418 |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 31,583 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2017 Q3 | Sep 30, 2017 | — | 42,706 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 26,418 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 25,963 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2016 Q4 | Dec 31, 2016 | — | 28,048 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2016 Q3 | Sep 30, 2016 | — | 84,835 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 72,679 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2016 Q1 | Mar 31, 2016 | — | 58,342 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2015 Q4 | Dec 31, 2015 | — | 71,730 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2015 Q3 | Sep 30, 2015 | — | 66,260 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 66,587 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 63,711 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2014 Q4 | Dec 31, 2014 | — | 63,269 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2014 Q3 | Sep 30, 2014 | — | 62,380 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 55,455 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 48,948 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2013 Q4 | Dec 31, 2013 | — | 48,186 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2013 Q3 | Sep 30, 2013 | — | 42,079 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 35,695 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 49,089 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2012 Q4 | Dec 31, 2012 | — | 46,992 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2012 Q3 | Sep 30, 2012 | — | 47,776 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 40,661 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 37,826 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2011 Q4 | Dec 31, 2011 | — | 37,299 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2011 Q3 | Sep 30, 2011 | — | 34,776 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 47,891 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 41,178 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2010 Q4 | Dec 31, 2010 | — | 38,227 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2010 Q3 | Sep 30, 2010 | — | 34,461 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 27,953 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2010 Q1 | Mar 31, 2010 | — | 25,670 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | 30,558 | — | — | — | — | — | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | 26,919 | — | — | — | — | — | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
The SBC option subtracts reported share-based compensation from FCF as an economic-cost scenario. Missing SBC never becomes zero.
Debt uses reported borrowings, with overlapping concepts treated as alternatives. Cash excludes restricted cash and short-term investments. Dilution compares split-normalized weighted average basic shares year over year. Share buyback spending does not by itself measure shares retired.
Market prices: Yahoo Finance · BRK-B, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- Total debt
- Reported borrowing balances. Uses an aggregate including current maturities, or current plus noncurrent debt. Adds separately disclosed short-term borrowings, with commercial paper as a fallback, unless the selected current/aggregate concept already includes them. Finance leases are included when part of the reported debt concept; undisclosed components are not estimated.
- Cash & equivalents
- Unrestricted reported cash and cash equivalents. Excludes short-term investments and restricted cash.
- Net debt
- Total debt − cash and equivalents. Negative means net cash.
- Debt / equity
- Total debt / equity including noncontrolling interests. Nonpositive equity yields unavailable.
- Debt / assets
- Total debt / total assets × 100.
- Net debt / EBITDA
- Period-end net debt / (TTM operating income + TTM depreciation and amortization). Negative net debt is retained.
- Debt / FCF
- Period-end reported debt / positive TTM free cash flow. Reflects the selected reported capex scope and SBC option.
- Interest coverage
- TTM operating income / positive TTM interest expense. IFRS finance costs can include more than interest.
- Current ratio
- Current assets / positive current liabilities.
- Diluted shares
- Reported weighted average diluted shares, normalized for subsequent recorded stock splits. Fourth-quarter counts use a day-weighted annual/nine-month reconstruction where possible.
- Basic shares
- Reported weighted average basic shares, normalized for subsequent recorded stock splits.
- Share count growth
- Year-over-year change in split-normalized weighted average basic shares × 100. A dilution proxy; negative means a lower share count.
- Share repurchases
- Reported cash payments for repurchase of common shares. This is spending, not a buyback yield.