Berkshire Hathaway Inc (BRK-B) — Tangible Net Worth Ratio

Latest as of March 2026: 95.3%

Berkshire Hathaway Inc (BRK-B) has a Tangible Net Worth Ratio of 95.3% as of March 2026. This metric is calculated by deducting intangible assets ($34.27 Billion) from net assets ($729.45 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Berkshire Hathaway Inc (BRK-B) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

95.3%
Tangible equity / total equity

Net Assets (Equity)

$729.45 Billion
USD

Intangible Assets

$34.27 Billion
Goodwill, patents, brand value

Total Assets

$1.25 Trillion
USD

Berkshire Hathaway Inc Tangible Net Worth Ratio (1990–2025)

This chart shows how Berkshire Hathaway Inc's Tangible Net Worth Ratio has changed across 36 annual periods from 1990 to 2025. As of March 2026, the ratio stands at 95.3%, reflecting net assets of $729.45 Billion with intangible assets of $34.27 Billion USD. See how many days can Berkshire Hathaway Inc fund operations to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Berkshire Hathaway Inc (1990–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Berkshire Hathaway Inc from 1990 to 2025, covering 36 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Berkshire Hathaway Inc market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 95.2% $719.70 Billion $34.84 Billion $1.22 Trillion ▲ +0.6 pp
2024 94.5% $651.65 Billion $35.77 Billion $1.15 Trillion ▼ -0.4 pp
2023 94.9% $570.77 Billion $29.33 Billion $1.07 Trillion ▲ +0.9 pp
2022 93.9% $480.62 Billion $29.19 Billion $948.45 Billion ▼ -0.5 pp
2021 94.5% $514.93 Billion $28.49 Billion $958.78 Billion ▲ +1.3 pp
2020 93.2% $451.34 Billion $30.68 Billion $873.73 Billion ▲ +0.6 pp
2019 92.6% $428.56 Billion $31.65 Billion $817.73 Billion ▲ +1.7 pp
2018 90.9% $352.50 Billion $32.15 Billion $707.79 Billion ▲ +0.1 pp
2017 90.8% $351.95 Billion $32.52 Billion $702.10 Billion ▲ +2.5 pp
2016 88.3% $286.36 Billion $33.48 Billion $620.85 Billion ▼ -6.0 pp
2015 94.4% $258.63 Billion $14.60 Billion $552.26 Billion ▲ +0.9 pp
2014 93.4% $243.03 Billion $15.92 Billion $526.19 Billion ▼ -0.3 pp
2013 93.7% $224.49 Billion $14.14 Billion $484.93 Billion ▲ +1.0 pp
2012 92.7% $191.59 Billion $13.90 Billion $427.45 Billion ▼ -1.2 pp
2011 94.0% $168.96 Billion $10.16 Billion $392.65 Billion ▼ -0.5 pp
2010 94.5% $162.93 Billion $9.03 Billion $372.23 Billion ▼ -2.0 pp
2009 96.5% $135.78 Billion $4.75 Billion $297.12 Billion ▲ +26.2 pp
2008 70.3% $113.58 Billion $33.78 Billion $267.40 Billion ▼ -3.1 pp
2007 73.4% $123.40 Billion $32.86 Billion $273.16 Billion ▲ +2.5 pp
2006 70.9% $110.68 Billion $32.24 Billion $248.44 Billion ▼ -3.5 pp
2005 74.4% $92.30 Billion $23.64 Billion $198.32 Billion ▼ -20.4 pp
2004 94.8% $86.66 Billion $4.51 Billion $192.05 Billion ▲ +6.1 pp
2003 88.7% $78.34 Billion $8.84 Billion $180.56 Billion ▲ +1.0 pp
2002 87.7% $65.43 Billion $8.05 Billion $169.54 Billion ▼ -1.1 pp
2001 88.8% $59.30 Billion $6.66 Billion $162.75 Billion ▼ -2.4 pp
2000 91.2% $62.99 Billion $5.54 Billion $135.79 Billion ▼ -2.0 pp
1999 93.2% $59.18 Billion $4.04 Billion $131.42 Billion ▼ -2.2 pp
1998 95.4% $59.05 Billion $2.73 Billion $122.24 Billion ▼ -2.0 pp
1997 97.4% $31.91 Billion $840.00 Million $56.11 Billion ▲ +10.5 pp
1996 86.9% $23.76 Billion $3.11 Billion $43.41 Billion ▼ -9.2 pp
1995 96.2% $17.48 Billion $672.00 Million $29.93 Billion ▼ -3.8 pp
1994 100.0% $12.07 Billion $0.00 $21.34 Billion ▲ +0.0 pp
1993 100.0% $10.61 Billion $0.00 $19.52 Billion ▲ +0.0 pp
1992 100.0% $9.03 Billion $0.00 $16.94 Billion ▲ +0.0 pp
1991 100.0% $7.50 Billion $0.00 $14.46 Billion ▲ +0.0 pp
1990 100.0% $5.38 Billion $0.00 $10.67 Billion
pp = percentage points