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BRK-B · Intrinsic value

Is Berkshire Hathaway Inc. (BRK-B) overvalued or undervalued?

As of Oct 19, 2026, TickerWorth publishes a fair-value range of $851.24 – $851.24 for Berkshire Hathaway Inc. (BRK-B), against the delayed market price of $532.23: priced below our range. It is a range, not a single number, so we do not call it over- or undervalued. It is a model estimate, and every input behind it is sourced below.

Model by · generated from SEC filings and market data · Updated Oct 19, 2026 · How these pages are made

What is BRK-B worth?

Fair-value range
$851.24 – $851.24
Market price
$532.23
Gap to fair value
—
Verdict
Priced below our range
Price as of · Prices are delayed.Our valuation lenses disagree too widely on this company for us to publish a single number, so we publish the range instead. We do not call it over- or undervalued from a spread this wide.

Reverse DCF: Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast.

What is BRK-B's TickerWorth Score?

A65/100

Scores higher than almost every company we compare it with

Compared with Financial Services companies in US

Its strongest point: trades below our estimate of what it's worth. Its weakest: profitability is weak.

  • Value · 57 of 100

    Cheaper than 57% of Financial Services companies in US

  • Price vs worth · 98 of 100
  • Quality · 36 of 100

    More profitable than 36% of Financial Services companies in US

  • Financial health · 88 of 100

    Financially stronger than 88% of Financial Services companies in US

  • Growth · 47 of 100

    Growing faster than 47% of Financial Services companies in US

  • Momentum · 82 of 100

    Outperformed 82% of Financial Services companies in US over the past year

Confidence: Medium confidence · Scored

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Why BRK-B gets a range, not one number

At a recent price of $532.23, Berkshire Hathaway Inc. (BRK-B) sits below every lens we ran: our valuation lenses put the business somewhere between $851.24 and $851.24 per share. They disagree too widely for us to state a single fair value. We publish the range rather than a midpoint because a number that precise would claim more than the methods can support. This is an educational model, not a price target or a recommendation.

Read the full reasoning

The valuation discounts Berkshire Hathaway Inc.'s projected free cash flows at a weighted-average cost of capital (WACC) of 7.7%, with a long-run terminal growth rate of 2.5%. About 82% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.

Running the DCF in reverse — solving for the growth the current price already assumes — BRK-B would need sustained revenue growth of more than 25%/yr to justify today's price, against about 7.7% a year compounded in our base case. We don't quote a precise figure here, because past about 25% a year the reverse-DCF stops being informative: it solves for revenue growth alone, holding margins, capital intensity and the forecast horizon fixed, so a price well above our fair value has nowhere to go but growth. The honest reading is that the price implies growth this model can't reconcile — not that we forecast it.

Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, BRK-B's modeled DCF value ranges from about $211.40 to $389.52 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.

How to read this page: the DCF fair value is what Berkshire Hathaway Inc. would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of BRK-B's intrinsic value. Figures update as new filings and prices come in.

Every input behind BRK-B's DCF

InputValue
Base-year revenueBERKSHIRE HATHAWAY INC FY2025 10-K (accession 0001193125-26-083899): us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, FY2025 full year.$247,244,000,000
Base EBIT marginBERKSHIRE HATHAWAY INC FY2012 10-K (accession 0001193125-13-087679): us-gaap:OperatingIncomeLoss 20,079,000,000 / revenue 247,244,000,000 = 8.12%, FY2025.8.1%
Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast12% → 10% → 8% → 6% → 4%
Risk-free rateLive feed — US 10-year Treasury yield (^TNX)5.1%
BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5)0.59
Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC2.5%
Diluted sharesLive feed — sharesOutstanding2,141M
Market priceDelayed quote · as of 2026-10-19 21:03 UTC$532.23

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What does Berkshire Hathaway Inc. do?

What does it do?

Berkshire Hathaway Inc., together with its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses. The company provides property, casualty, life, accident, and health insurance and reinsurance; operates railroad systems in North America; generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. It operates in the Insurance - Diversified industry (Financial Services sector), headquartered in United States. The company employs roughly 387,800 people.

How does it make money?

The business turns $247.2B in annual revenue into profit. Out of every $100 of sales, about $33 is left as operating profit (operating margin of 32.6%), after a 30% gross margin on the products/services it sells. After all costs, taxes and interest, 22.3% of revenue becomes bottom-line net profit.

Is it financially healthy?

Financially it looks solid: carries modest debt (0.2× equity), comfortably covers its short-term bills (2.9× current ratio), and is currently profitable.

BRK-B insider trading

We have no recent SEC Form 4 insider filings on file for Berkshire Hathaway Inc.. Form 4 covers US-listed companies only.

Common questions

  • What is BRK-B's intrinsic value?

    TickerWorth's valuation lenses put Berkshire Hathaway Inc. (BRK-B) between $851.24 and $851.24 per share, versus a market price of $532.23. They disagree too widely for us to state a single fair value, so we publish the range.

  • Is BRK-B overvalued or undervalued?

    At $532.23 the price sits below every lens we ran. We don't call BRK-B overvalued or undervalued from a range this wide. This is an educational estimate, not advice.

  • What discount rate is used for BRK-B?

    A WACC of 7.7% and a terminal growth rate of 2.5%.

  • Is Berkshire Hathaway stock undervalued?

    TickerWorth's fair-value range for Berkshire Hathaway Inc. (BRK-B) is $851.24 – $851.24 against a market price of $532.23. Priced below our range. We publish a range here, not one number, so we do not call it over- or undervalued. This is a model estimate, not investment advice.

  • Berkshire Hathaway (BRK-B) DCF valuation and fair value

    Our fair-value range for Berkshire Hathaway Inc. (BRK-B) is $851.24 – $851.24, built on a 7.7% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.

  • What growth is priced into Berkshire Hathaway stock?

    Today's price implies revenue growth of more than 25%/yr. Above about 25% a year the reverse-DCF stops being informative. It solves for revenue growth alone — holding margins, capital intensity and the forecast horizon fixed — so a price well above our cash-flow model's value has nowhere to go but growth, and the solver returns a rate the model can't reconcile. Read it as "the price implies growth we can't justify", not as a forecast. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $532.23. A model estimate, not investment advice.

  • Berkshire Hathaway (BRK-B) insider trading

    We have no recent SEC Form 4 insider filings on file for Berkshire Hathaway Inc. (BRK-B). Form 4 covers US-listed companies only.

Not investment advice. TickerWorth Score is a model output.

Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.