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Berkshire Hathaway BRK.B Railroad Utilities And Energy — Regulatory Liabilities

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Other financials

Income statement

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Revenue$101.81B+10.0%
Net income$25.7B+107%
EPS (diluted)$11.91+108%

Balance sheet

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Total debt$6.3B+4.9%
Total equity$747.91B+12.0%
Total assets$1.26T+8.5%

Cash flow

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Operating cash flow$11.2B+11.2%
CapEx$5.6B+16.2%
Free cash flow$5.6B+6.6%

Valuation

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Market cap$1.13T+12.3%
P/E13.1×-2.8×
P/S2.9×+0.2×

Profitability

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Net margin22.3%+5.3pp
FCF margin6.3%

Returns & leverage

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Return on equity12.1%+2.2pp
Debt / equity0.0×

Where this comes from

Reported directly by Berkshire Hathaway in its filing.

Tagged under the XBRL concept us-gaap:RegulatoryLiabilities.

The source filing: Berkshire Hathaway’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 6:01 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-341032
Line itemJune 30,2026December 31,2025
309,999305,937
Railroad, Utilities and Energy:
Accounts payable, accruals and other liabilities20,42419,250
Regulatory liabilities6,9987,013
Notes payable and other borrowings85,29783,318
112,719109,581
Income taxes, principally deferred90,17686,955
Total liabilities512,894502,473

Item 1. Financial Statements

FAQ

What is Berkshire Hathaway's railroad utilities and energy — regulatory liabilities?
Berkshire Hathaway (BRK.B) reported railroad utilities and energy — regulatory liabilities of $7B in Q2 2026.
How has Berkshire Hathaway's railroad utilities and energy — regulatory liabilities changed year-over-year?
Berkshire Hathaway's railroad utilities and energy — regulatory liabilities decreased by 1.9% year-over-year, from $7.13B to $7B.
What is the long-term trend for Berkshire Hathaway's railroad utilities and energy — regulatory liabilities?
Over 4 years (2021 to 2025), Berkshire Hathaway's railroad utilities and energy — regulatory liabilities has grown at a -1.3% compound annual growth rate (CAGR), from $29.68B to $28.18B.
What does railroad utilities and energy — regulatory liabilities mean?
Obligations recognized in regulated utility operations that represent amounts expected to be refunded to customers or costs that will be reduced in future rate-setting periods. These liabilities arise from regulatory requirements to pass certain benefits or cost savings to ratepayers.

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