Berkshire Hathaway vs Jefferies
Berkshire Hathaway reported revenue of $371.4 billion in fiscal 2025, 50.6 times Jefferies' $7.3 billion in fiscal 2025. Berkshire Hathaway's revenue grew 0.0% in its latest year, and Jefferies' grew 4.4%. Free cash flow was $25.0 billion at Berkshire Hathaway and −$1.7 billion at Jefferies. Their fiscal years end in different months (December 31 and November 30), so the periods don't line up exactly.
Side by side
| Berkshire Hathaway | Jefferies | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Nov 30, 2025 |
| Revenue | $371.4B | $7.3B |
| Revenue growth | 0.0% | 4.4% |
| Revenue growth a year, last 5 years | 8.6% | 4.7% |
| Gross margin | — | — |
| Operating margin | — | — |
| Net margin | 18.0% | 9.3% |
| Free cash flow | $25.0B | −$1.7B |
| Free cash flow margin | 6.7% | −23.2% |
| Return on capital | — | 26.1% |
| Net debt to EBITDA | — | 0.8x |
| Dividends and buybacks | $0M | $433M |
| Change in diluted share count | — | −0.4% |
| Last close | $548.56 | $45.43 |
| P/E at the last close | — | 16.1× |
| Insider trades, last 12 months | bought $500,617, sold $20.0 million | bought $628.7 million, sold $52 |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Berkshire HathawayJefferies
Operating margin
Percent of revenue
Berkshire HathawayJefferies
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Berkshire HathawayJefferies
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Berkshire Hathaway and Jefferies pages.