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Berkshire Hathaway vs StoneX: revenue, profit, margins and growth compared

Berkshire Hathaway brought in $371.4B of revenue in fiscal 2025, StoneX $132.4B in fiscal 2025. Revenue changed by +0.0% at Berkshire Hathaway and +32.5% at StoneX on the year before, so StoneX grew faster. Berkshire Hathaway kept 18.0% of its revenue as net profit, StoneX 0.2%. Free cash flow was $25B at Berkshire Hathaway and $4.3B at StoneX.

Side by side, latest fiscal year

BRK-ASNEX
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$371.4B$132.4B
Revenue growth+0.0%+32.5%
Net income$67B$305.9M
Net margin18.0%0.2%
Free cash flow$25B$4.3B
Free cash flow margin6.7%3.3%
Earnings per share (diluted)n/a$5.89
Cash$52.6B$1.6B
Debtn/an/a
Price to earningsn/a11.3
Market value$714.1B$8.1B
Dividend yieldn/an/a
Rank by revenue in sector#1 of 444 · Finance#4 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: $371.4BSNEX FY2018: $27.6BSNEX FY2019: $32.9BSNEX FY2020: $54.1BSNEX FY2021: $42.5BSNEX FY2022: $66BSNEX FY2023: $60.9BSNEX FY2024: $99.9BSNEX FY2025: $132.4BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $371.4BSNEX $132.4B
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: $67BSNEX FY2018: $55.5MSNEX FY2019: $85.1MSNEX FY2020: $169.6MSNEX FY2021: $116.3MSNEX FY2022: $207.1MSNEX FY2023: $238.5MSNEX FY2024: $260.8MSNEX FY2025: $305.9MFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $67BSNEX $305.9M
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%SNEX FY2018: 0.2%SNEX FY2019: 0.3%SNEX FY2020: 0.3%SNEX FY2021: 0.3%SNEX FY2022: 0.3%SNEX FY2023: 0.4%SNEX FY2024: 0.3%SNEX FY2025: 0.2%FY18FY19FY20FY21FY22FY23FY24FY25
BRK-A 18.0%SNEX 0.2%
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%SNEX FY2019: +19.1%SNEX FY2020: +64.6%SNEX FY2021: -21.4%SNEX FY2022: +55.3%SNEX FY2023: -7.8%SNEX FY2024: +64.1%SNEX FY2025: +32.5%FY19FY20FY21FY22FY23FY24FY25
BRK-A +0.0%SNEX +32.5%
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: $25BSNEX FY2018: -$486.1MSNEX FY2019: $183.7MSNEX FY2020: $1.9BSNEX FY2021: $2.1BSNEX FY2022: -$279MSNEX FY2023: -$70.6MSNEX FY2024: $441.7MSNEX FY2025: $4.3BFY18FY19FY20FY21FY22FY23FY24FY25
BRK-A $25BSNEX $4.3B

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

Questions about Berkshire Hathaway and StoneX

Which is bigger by revenue, Berkshire Hathaway or StoneX?

Berkshire Hathaway is bigger by revenue: $371.4B in fiscal 2025, against $132.4B for StoneX in fiscal 2025.

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

Berkshire Hathaway had a net margin of 18.0% in fiscal 2025; StoneX had 0.2% in fiscal 2025.

Which grew revenue faster, Berkshire Hathaway or StoneX?

In their latest fiscal years revenue changed by +0.0% at Berkshire Hathaway and +32.5% at StoneX.

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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