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Berkshire Hathaway vs Hartford Insurance: revenue, profit, margins and growth compared

Berkshire Hathaway brought in $371.4B of revenue in fiscal 2025, Hartford Insurance $28.4B in fiscal 2025. Revenue changed by +0.0% at Berkshire Hathaway and +6.9% at Hartford Insurance on the year before, so Hartford Insurance grew faster. Berkshire Hathaway kept 18.0% of its revenue as net profit, Hartford Insurance 13.5%. Free cash flow was $25B at Berkshire Hathaway and $5.8B at Hartford Insurance.

Side by side, latest fiscal year

BRK-AHIG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$371.4B$28.4B
Revenue growth+0.0%+6.9%
Net income$67B$3.8B
Net margin18.0%13.5%
Free cash flow$25B$5.8B
Free cash flow margin6.7%20.3%
Earnings per share (diluted)n/a$13.32
Cash$52.6B$166M
Debtn/a$4.4B
Price to earningsn/a9.3
Market value$714.1B$33.7B
Dividend yieldn/a1.74%
Rank by revenue in sector#1 of 444 · Finance#19 of 444 · Finance

Over the years

Revenue
BRK-A FY2018: $247.8BBRK-A FY2019: $254.6BBRK-A FY2020: $245.6BBRK-A FY2021: $276.2BBRK-A FY2022: $302BBRK-A FY2023: $364.5BBRK-A FY2024: $371.4BBRK-A FY2025: $371.4BHIG FY2018: $19BHIG FY2019: $20.7BHIG FY2020: $20.5BHIG FY2021: $22.4BHIG FY2022: $22.4BHIG FY2023: $24.5BHIG FY2024: $26.5BHIG FY2025: $28.4BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $371.4BHIG $28.4B
Net income
BRK-A FY2018: $4BBRK-A FY2019: $81.4BBRK-A FY2020: $42.5BBRK-A FY2021: $89.9BBRK-A FY2022: -$22.8BBRK-A FY2023: $96.2BBRK-A FY2024: $89BBRK-A FY2025: $67BHIG FY2018: $1.8BHIG FY2019: $2.1BHIG FY2020: $1.7BHIG FY2021: $2.4BHIG FY2022: $1.8BHIG FY2023: $2.5BHIG FY2024: $3.1BHIG FY2025: $3.8BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $67BHIG $3.8B
Net margin
BRK-A FY2018: 1.6%BRK-A FY2019: 32.0%BRK-A FY2020: 17.3%BRK-A FY2021: 32.6%BRK-A FY2022: -7.5%BRK-A FY2023: 26.4%BRK-A FY2024: 24.0%BRK-A FY2025: 18.0%HIG FY2018: 9.5%HIG FY2019: 10.1%HIG FY2020: 8.5%HIG FY2021: 10.6%HIG FY2022: 8.1%HIG FY2023: 10.2%HIG FY2024: 11.7%HIG FY2025: 13.5%FY18FY19FY20FY21FY22FY23FY24FY25
BRK-A 18.0%HIG 13.5%
Revenue growth
BRK-A FY2019: +2.7%BRK-A FY2020: -3.5%BRK-A FY2021: +12.5%BRK-A FY2022: +9.4%BRK-A FY2023: +20.7%BRK-A FY2024: +1.9%BRK-A FY2025: +0.0%HIG FY2019: +9.4%HIG FY2020: -1.0%HIG FY2021: +9.1%HIG FY2022: -0.1%HIG FY2023: +9.7%HIG FY2024: +8.2%HIG FY2025: +6.9%FY19FY20FY21FY22FY23FY24FY25
BRK-A +0.0%HIG +6.9%
Free cash flow
BRK-A FY2018: $22.9BBRK-A FY2019: $22.7BBRK-A FY2020: $26.8BBRK-A FY2021: $26.2BBRK-A FY2022: $21.9BBRK-A FY2023: $29.8BBRK-A FY2024: $11.6BBRK-A FY2025: $25BHIG FY2018: $2.7BHIG FY2019: $3.4BHIG FY2020: $3.8BHIG FY2021: $4BHIG FY2022: $3.8BHIG FY2023: $4BHIG FY2024: $5.8BHIG FY2025: $5.8BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $25BHIG $5.8B

Fiscal years as each company reports them; the two may end in different months.

Questions about Berkshire Hathaway and Hartford Insurance

Which is bigger by revenue, Berkshire Hathaway or Hartford Insurance?

Berkshire Hathaway is bigger by revenue: $371.4B in fiscal 2025, against $28.4B for Hartford Insurance in fiscal 2025.

Which keeps more of its revenue as profit, Berkshire Hathaway or Hartford Insurance?

Berkshire Hathaway had a net margin of 18.0% in fiscal 2025; Hartford Insurance had 13.5% in fiscal 2025.

Which grew revenue faster, Berkshire Hathaway or Hartford Insurance?

In their latest fiscal years revenue changed by +0.0% at Berkshire Hathaway and +6.9% at Hartford Insurance.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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