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Berkshire Hathaway vs Jpmorgan Chase: revenue, profit, margins and growth compared

Berkshire Hathaway brought in $371.4B of revenue in fiscal 2025, Jpmorgan Chase $182.4B in fiscal 2025. Revenue changed by +0.0% at Berkshire Hathaway and +2.8% at Jpmorgan Chase on the year before, so Jpmorgan Chase grew faster. Berkshire Hathaway kept 18.0% of its revenue as net profit, Jpmorgan Chase 31.3%.

Side by side, latest fiscal year

BRK-AJPM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$371.4B$182.4B
Revenue growth+0.0%+2.8%
Net income$67B$57B
Net margin18.0%31.3%
Free cash flow$25Bn/a
Free cash flow margin6.7%n/a
Earnings per share (diluted)n/a$20.02
Cash$52.6B$343.3B
Debtn/an/a
Price to earningsn/a17.1
Market value$714.1B$911.9B
Dividend yieldn/a1.69%
Rank by revenue in sector#1 of 444 · Finance#3 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: $371.4BJPM FY2018: $108.8BJPM FY2019: $115.7BJPM FY2020: $120BJPM FY2021: $121.6BJPM FY2022: $128.7BJPM FY2023: $158.1BJPM FY2024: $177.6BJPM FY2025: $182.4BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $371.4BJPM $182.4B
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: $67BJPM FY2018: $32.5BJPM FY2019: $36.4BJPM FY2020: $29.1BJPM FY2021: $48.3BJPM FY2022: $37.7BJPM FY2023: $49.6BJPM FY2024: $58.5BJPM FY2025: $57BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $67BJPM $57B
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%JPM FY2018: 29.9%JPM FY2019: 31.5%JPM FY2020: 24.3%JPM FY2021: 39.7%JPM FY2022: 29.3%JPM FY2023: 31.3%JPM FY2024: 32.9%JPM FY2025: 31.3%FY18FY19FY20FY21FY22FY23FY24FY25
BRK-A 18.0%JPM 31.3%
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%JPM FY2019: +6.4%JPM FY2020: +3.7%JPM FY2021: +1.4%JPM FY2022: +5.8%JPM FY2023: +22.9%JPM FY2024: +12.3%JPM FY2025: +2.8%FY19FY20FY21FY22FY23FY24FY25
BRK-A +0.0%JPM +2.8%
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: $25BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $25BJPM

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

Questions about Berkshire Hathaway and Jpmorgan Chase

Which is bigger by revenue, Berkshire Hathaway or Jpmorgan Chase?

Berkshire Hathaway is bigger by revenue: $371.4B in fiscal 2025, against $182.4B for Jpmorgan Chase in fiscal 2025.

Which keeps more of its revenue as profit, Berkshire Hathaway or Jpmorgan Chase?

Berkshire Hathaway had a net margin of 18.0% in fiscal 2025; Jpmorgan Chase had 31.3% in fiscal 2025.

Which grew revenue faster, Berkshire Hathaway or Jpmorgan Chase?

In their latest fiscal years revenue changed by +0.0% at Berkshire Hathaway and +2.8% at Jpmorgan Chase.

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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