BRK-A vs ELV
Berkshire Hathaway Inc. and Elevance Health, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BRK-A | ELV |
|---|---|---|
| Revenue | $371.4B | $199.1B |
| Net income | $67.0B | $5.7B |
| Gross margin | · | 89.4% |
| Net margin | 18.1% | 2.8% |
| Return on equity | 9.8% | 13.3% |
| Diluted EPS | · | $25.21 |
| Dividend / share | · | · |
| Payout ratio | · | 27.0% |
| Free cash flow | $25.0B | $3.2B |
| Equity | $717.4B | $43.9B |
| Net debt / equity | · | 0.51× |
| Current ratio | · | 1.54× |
| Revenue CAGR 5y | 8.6% | 10.3% |
| Profit CAGR 5y | 9.5% | 4.4% |
BRK-A bills 1.9× the revenue of ELV, and keeps more of each dollar of revenue as profit (18.1% against 2.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BRK-A | ELV |
|---|---|---|
| FY2025 | $371.4B | $199.1B |
| FY2024 | $371.4B | $177.0B |
| FY2023 | $364.5B | $171.3B |
| FY2022 | $302.0B | $156.6B |
| FY2021 | $276.2B | $138.6B |
| FY2020 | $245.6B | $121.9B |
| FY2019 | $254.6B | $104.2B |
| FY2018 | $247.8B | $92.1B |
| FY2017 | $239.9B | $90.0B |
| FY2016 | $215.1B | $84.9B |
Bottom line
| Fiscal year | BRK-A | ELV |
|---|---|---|
| FY2025 | $67.0B | $5.7B |
| FY2024 | $89.0B | $6.0B |
| FY2023 | $96.2B | $6.0B |
| FY2022 | $-22.8B | $5.9B |
| FY2021 | $89.9B | $6.2B |
| FY2020 | $42.5B | $4.6B |
| FY2019 | $81.4B | $4.8B |
| FY2018 | $4.0B | $3.8B |
| FY2017 | $44.9B | $3.8B |
| FY2016 | $24.1B | $2.5B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$172,319,000,000 | BRK-A |
| FY2024 | +$194,422,000,000 | BRK-A |
| FY2023 | +$193,142,000,000 | BRK-A |
| FY2022 | +$145,425,000,000 | BRK-A |
| FY2021 | +$137,546,000,000 | BRK-A |
| FY2020 | +$123,712,000,000 | BRK-A |
| FY2019 | +$150,403,000,000 | BRK-A |
| FY2018 | +$155,732,000,000 | BRK-A |
| FY2017 | +$149,893,000,000 | BRK-A |
| FY2016 | +$130,251,000,000 | BRK-A |
| FY2015 | +$131,786,500,000 | BRK-A |
| FY2014 | +$120,824,900,000 | BRK-A |
| FY2013 | +$111,126,500,000 | BRK-A |
| FY2012 | +$100,965,800,000 | BRK-A |
| FY2011 | +$82,977,300,000 | BRK-A |
| FY2010 | +$77,486,500,000 | BRK-A |
| FY2009 | +$47,553,500,000 | BRK-A |
| FY2008 | +$46,534,900,000 | BRK-A |
| FY2007 | +$57,077,100,000 | BRK-A |
BRK-A has reported the higher revenue in every one of these 19 fiscal years. The gap has widened since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +15.3 pp | BRK-A |
| FY2024 | +20.7 pp | BRK-A |
| FY2023 | +23.2 pp | BRK-A |
| FY2022 | −11.0 pp | ELV |
| FY2021 | +28.5 pp | BRK-A |
| FY2020 | +13.9 pp | BRK-A |
| FY2019 | +27.5 pp | BRK-A |
| FY2018 | −2.3 pp | ELV |
| FY2017 | +14.6 pp | BRK-A |
| FY2016 | +8.4 pp | BRK-A |
| FY2015 | +8.3 pp | BRK-A |
| FY2014 | +6.9 pp | BRK-A |
| FY2013 | +7.4 pp | BRK-A |
| FY2012 | +5.1 pp | BRK-A |
| FY2011 | +3.1 pp | BRK-A |
| FY2010 | +5.0 pp | BRK-A |
| FY2009 | +0.2 pp | BRK-A |
| FY2008 | +1.1 pp | BRK-A |
| FY2007 | +6.0 pp | BRK-A |
The higher net margin has changed hands between BRK-A and ELV over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BRK-A's net margin has been more volatile than ELV's over the 19 comparable fiscal years — 9.9 percentage points of standard deviation against 1.0.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BRK-A and ELV over these 19 fiscal years — BRK-A led in 17 and ELV in 2.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BRK-A's return on equity has been more volatile than ELV's over the 18 comparable fiscal years — 6.1 percentage points of standard deviation against 2.8.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BRK-A and ELV over these 18 fiscal years — BRK-A led in 3 and ELV in 15.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.