Berkshire Hathaway vs JPMorgan Chase
Berkshire Hathaway is the larger business, with $371.44bn of revenue in fiscal 2025 against $182.45bn for JPMorgan Chase (2.0 times as much). JPMorgan Chase grew faster (2.8% against 0.0%). JPMorgan Chase kept more of each dollar of sales as profit: a net margin of 31.3% against 18.0%.
| Latest fiscal year | Berkshire HathawayBRK.B, 2025 | JPMorgan ChaseJPM, 2025 |
|---|---|---|
| Revenue | $371.44bn | $182.45bn |
| Revenue growth | 0.0% | 2.8% |
| Net income | $66.97bn | $57.05bn |
| Operating margin | — | — |
| Net margin | 18.0% | 31.3% |
| Return on equity | 9.8% | 16.1% |
| Free cash flow | $25.04bn | — |
| Cash | $52.57bn | $343.34bn |
| Total debt | $0 | $499.98bn |
| Debt to equity | 0.0% | — |
| Dividend per share | — | $5.80 |
| Dividend yield | — | 1.9% |
| Share buybacks | — | $31.59bn |
| Employees | — | 318,512 |
| Market value | $784.47bn | $908.13bn |
| Price vs our value range | — | — |
| Moat score | 46 (Moderate) | 87 (Strong) |
| Insider trades, 12 months | 50 buys, 13 sales | 0 buys, 46 sales |