BRK-B
Berkshire Hathaway Inc.
There isn't enough reported data to score BRK-B yet.
JPM
JPMorgan Chase & Co.
JPM's fundamentals are strong, but it looks expensive: trading at 14x earnings, above its usual 12x. Analysts expect earnings growth.
BRK-B Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| N/A | |
| N/A |
BRK-B's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like BRK-B.
JPM Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| N/A | |
| N/A |
JPM's revenue and profitability are currently healthy. Free cash flow and net leverage aren't meaningful measures for financial services companies like JPM.
BRK-B PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8x | N/A | N/A |
| Fair | 13x | N/A | N/A |
| Current | 16x | $590 | — |
| Expensive | 21x | N/A | N/A |
Historical ranges are pointers, not guarantees.
BRK-B's PE is 16x, but its earnings don't support one, so it isn't a reliable read right now.
JPM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 9.7x | $231 | -33% |
| Fair | 12x | $287 | -16% |
| Current | 14x | $343 | — |
| Forward | 14x | $343 | — |
| Expensive | 15x | $361 | +5.2% |
Historical ranges are pointers, not guarantees.
JPM's PE is in its expensive range at 14.4x. If earnings grow as analysts expect, today's price would be 13.7x next year's earnings.
BRK-B Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Stable | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect BRK-B's revenue to grow, with its earnings and profitability holding steady.
JPM Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Moderate |
JPM has the edge over BRK-B on the outlook, with more favorable earnings and profitability expectations.
BRK-B Earnings Per Share
BRK-B and JPM do not have enough comparable growth data to identify a winner.
JPM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $24.99 | +4.8% |
| Q3 2026 | $23.85 | +18% |
| Q2 2026 | $23.35 | +20% |
| Q1 2026 | $20.89 | +2.5% |
| Q4 2025 | $20.02 | +1.4% |
| Q3 2025 | $20.20 | +12% |
| Q2 2025 | $19.50 | +8.7% |
| Q1 2025 | $20.38 | +23% |
| Q4 2024 | $19.75 | +22% |
JPM's earnings per share have climbed steadily: $23.85 over the past year, up 18% from the year before, and higher year over year for 15 quarters in a row.
BRK-B Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $105.6B | +11% |
| Q2 2026 | $101.8B | +10% |
| Q1 2026 | $93.7B | +4.4% |
| Q4 2025 | $94.2B | -0.7% |
| Q3 2025 | $95B | +2.1% |
| Q2 2025 | $92.5B | -1.2% |
| Q1 2025 | $89.7B | -0.2% |
| Q4 2024 | $94.9B | +1.6% |
BRK-B's revenue has picked up after two years of holding roughly level: $106B last quarter, up 11% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | -3.2 points |
| Q2 2026 | 15% | +1.3 points |
| Q1 2026 | 15% | +1.9 points |
| Q4 2025 | 13% | -4.2 points |
| Q3 2025 | 17% | +4 points |
| Q2 2025 | 14% | -0.8 points |
| Q1 2025 | 13% | -2.1 points |
| Q4 2024 | 17% | +7.2 points |
BRK-B's operating margin was 13% last quarter, down 3.2 points from the same quarter a year ago.
JPM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $50.2B | +8.1% |
| Q2 2026 | $57.3B | +28% |
| Q1 2026 | $49.8B | +10% |
| Q4 2025 | $45.8B | +7.1% |
| Q3 2025 | $46.4B | +8.8% |
| Q2 2025 | $44.9B | -11% |
| Q1 2025 | $45.3B | +8.1% |
| Q4 2024 | $42.8B | +11% |
JPM has the edge over BRK-B on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 40% | -0.2 points |
| Q2 2026 | 48% | +7.3 points |
| Q1 2026 | 41% | +0.5 points |
| Q4 2025 | 37% | -3.2 points |
| Q3 2025 | 40% | +0.6 points |
| Q2 2025 | 41% | -6 points |
| Q1 2025 | 41% | -0.6 points |
| Q4 2024 | 41% | +11 points |
JPM has the edge over BRK-B on profitability, with a higher operating margin.
BRK-B Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.8B | -18% |
| Q2 2026 | $5.6B | +6.6% |
| Q1 2026 | $5.5B | -18% |
| Q4 2025 | $5B | +$5.7B |
| Q3 2025 | $8.2B | +$11.1B |
| Q2 2025 | $5.2B | -42% |
| Q1 2025 | $6.6B | +7.3% |
| Q4 2024 | -$726M | -108% |
BRK-B has the edge over JPM on cash generation, producing positive trailing cash flow while its opponent burns cash.
JPM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $33.2B | +$78.4B |
| Q2 2026 | -$25.3B | -186% |
| Q1 2026 | -$211.8B | +$40.1B |
| Q4 2025 | $119.7B | -19% |
| Q3 2025 | -$45.2B | +$28.9B |
| Q2 2025 | $29.5B | -23% |
| Q1 2025 | -$251.8B | -$97.7B |
| Q4 2024 | $147.8B | +145% |
JPM's free cash flow was −$84.2B over the past year, against −$120B the year before. Free cash flow isn't a meaningful measure for financial services companies like JPM.
BRK-B Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.3% | -4.2M shares |
| 1 year | +2.3% | +30.9M shares |
| 3 years | +7.3% | +95.3M shares |
| 5 years | +7.7% | +100M shares |
| Available history | +0.9% | +12.9M shares |
BRK-B has 1.4B diluted shares, up 2.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $9.3B |
| Q2 2026 | $4.2B |
| Q1 2026 | $235M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | $356M |
| Q1 2024 | $2.6B |
| Q4 2023 | $2.2B |
JPM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -11.2M shares |
| 1 year | -3.1% | -84.6M shares |
| 3 years | -8.5% | -249M shares |
| 5 years | -11% | -322M shares |
| Available history | -17% | -547M shares |
JPM has the edge over BRK-B on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.1B |
| Q2 2026 | $6.8B |
| Q1 2026 | $8.3B |
| Q4 2025 | $8.3B |
| Q3 2025 | $8.3B |
| Q2 2025 | $7.5B |
| Q1 2025 | $7.5B |
| Q4 2024 | $4.3B |
JPM spent $24.5B buying back its own shares over the past year, down 11% from the year before.
BRK-B Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.6x | Net Cash |
| Q2 2026 | -0.6x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -0.8x | Net Cash |
| Q3 2025 | -1.1x | Net Cash |
| Q2 2025 | -1.5x | Net Cash |
| Q1 2025 | -0.6x | Net Cash |
| Q4 2024 | -0.7x | Net Cash |
BRK-B has the edge over JPM on leverage, with a lower net debt burden relative to earnings.
JPM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.5x | Very low |
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.6x | Very low |
| Q4 2025 | 0.5x | Very low |
| Q3 2025 | 0.6x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.4x | Very low |
JPM's net debt is less than a year of its operating earnings (EBITDA). Net leverage isn't a meaningful measure for financial services companies like JPM.
BRK-B Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 78.8 | Overbought |
| Stochastic | 87.3 | Overbought |
BRK-B's weekly RSI is 79 (overbought) and its Stochastic is 87 (overbought).
JPM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 54.8 | Neutral |
| Stochastic | 31.5 | Neutral |
JPM's weekly RSI is 55 (neutral) and its Stochastic is 31 (neutral).
BRK-B PE vs Financial Services Sector
| Metric | BRK-B | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 13x | 25% above |
| PE % | 76 | 63 | 13 pts above |
BRK-B is trading at 16x earnings, a 25% premium to the Financial Services sector's median of 13x, though its earnings don't support one.
JPM PE vs Financial Services Sector
| Metric | JPM | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 13x | 10% above |
| PE % | 76 | 63 | 13 pts above |
JPM has the edge over BRK-B on valuation relative to its sector.
BRK-B Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $537.7 | 9.7% above |
| 20 week MA | $517.6 | 14% above |
| 50 week MA | $500.1 | 18% above |
| 100 week MA | $496.0 | 19% above |
| 200 week MA | $438.6 | 34% above |
BRK-B has the edge over JPM on trend strength, trading above more of its moving averages.
JPM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $336.8 | 1.8% above |
| 20 week MA | $345.3 | 0.7% below |
| 50 week MA | $323.2 | 6.1% above |
| 100 week MA | $298.9 | 15% above |
| 200 week MA | $236.6 | 45% above |
JPM's trend is mixed: it's above four of its five weekly moving averages, and 45% above its 200-week average.
BRK-B Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $226.1 | $226.5 | +0.2% |
| 2021 | $226.5 | $294.5 | +30% |
| 2022 | $294.5 | $306.5 | +4.1% |
| 2023 | $306.5 | $356.7 | +16% |
| 2024 | $356.7 | $456.5 | +28% |
| 2025 | $456.5 | $498.3 | +9.2% |
| 2026 YTD | $498.3 | $589.8 | +18% |
BRK-B has the edge over JPM on returns for 2026, with the stronger performance.
JPM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $139.1 | $124.5 | -11% |
| 2021 | $124.5 | $157.3 | +26% |
| 2022 | $157.3 | $131.3 | -17% |
| 2023 | $131.3 | $170.1 | +30% |
| 2024 | $170.1 | $241.2 | +42% |
| 2025 | $241.2 | $327.9 | +36% |
| 2026 YTD | $327.9 | $342.8 | +4.5% |
JPM has finished higher in four of the last six years. It's up 4.5% so far in 2026.