BRK Capital Allocation
~397,000 employees
~$1.1 T total assets
~$360 B total equity
As of YE 2025
Net Profit
$664 B
CFOA
$597 B
Operating Earnings
$411 B
Capex
$244 B
M&A & Minority
$147 B
Net Buybacks
$80 B
Growth Summary CAGR
| Metric | 2025 | 1-Year | 3-Year | 5-Year | 10-Year | 15-Year |
|---|
"A conglomerate such as Berkshire is perfectly positioned to allocate capital rationally and at minimal cost."
"Managing Berkshire is primarily a job of capital allocation, coupled with the selection and retention of outstanding managers to captain our operating subsidiaries."
— Warren Buffett · 2014 Annual Report
Earnings & Cash Flow Trends
Capital Allocation
Click a row to expand
| Year | Net Profit | Inv. Income | Op. Earnings | CFOA | Capex | Equities, net | Acquisitions | Buybacks | Issuance |
|---|---|---|---|---|---|---|---|---|---|
| 20-yr Total | $664 B | $254 B | $411 B | $597 B | $244 B | $54 B | $147 B | $80 B | ($14 B) |
| % of CFOA | 111% | 43% | 69% | — | 41% | -9% | 25% | 13% | (2%) |