BRK.B vs. SPCX: Berkshire Hathaway vs. Space Exploration Stock Comparison
How do Berkshire Hathaway (BRK.B) and Space Exploration (SPCX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Berkshire Hathaway (BRK.B) is classified in the Financials sector (Financial Services), whereas Space Exploration (SPCX) belongs to Communication Services (Telecommunication Services) — their GICS classifications point to very different parts of the market.
Berkshire Hathaway (BRK.B) has been public since May 9, 1996, giving it decades of market history across multiple cycles, while Space Exploration (SPCX) listed only on June 12, 2026 and lacks comparable through-cycle data.
| Profile Item | BRK.B | SPCX |
|---|---|---|
| Name | Berkshire Hathaway Inc. Class B | Space Exploration Technologies Corp. Class A |
| Country/Region | United States | United States |
| GICS Sector | Financials | Communication Services |
| GICS Industry Group | Financial Services | Telecommunication Services |
| GICS Industry | Financial Services | Diversified Telecommunication Services |
| GICS Sub-Industry | Multi-Sector Holdings | Alternative Carriers |
| Market Capitalization | 1,079.27 billion USD | 2,250.94 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | May 9, 1996 | June 12, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| Total Return (1Y) | 3.01% | -- |
Risk Profile
Drawdown History
Risk Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| Volatility (1Y, Annualized) | 14.56% | 151.39% |
| Beta (5Y) | 0.61 | -- |
| Avg. Volume (3M) | 5.10M | 183.11M |
Risk-Adjusted Performance
Risk-Return Positioning
Both BRK.B and SPCX need 1-year volatility and 1-year return to plot risk-return positioning.
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Berkshire Hathaway (BRK.B) earns 10.50% on shareholders’ equity, ranked against its industry; Space Exploration (SPCX) has no ROE this period.
BRK.B
Financial Services industry group
10.50%
- Max
- 42.17%
- Q3
- 21.42%
- Median
- 12.17%
- BRK.B
- 10.50%
- Q1
- 5.00%
- Min
- -17.69%
SPCX
Telecommunication Services industry group
--
- Max
- 43.27%
- Q3
- 17.95%
- Median
- 6.68%
- Q1
- -7.45%
- Min
- -37.75%
- SPCX
- --
Net Margin (TTM)
Space Exploration (SPCX) reports a negative net margin of -45.00%, usually indicating a net loss over the period. Meanwhile Berkshire Hathaway (BRK.B) reports 19.31%, ranking against industry peers normally.
BRK.B
Financial Services industry group
19.31%
- Max
- 66.55%
- Q3
- 30.43%
- BRK.B
- 19.31%
- Median
- 16.62%
- Q1
- 4.47%
- Min
- -26.88%
SPCX
Telecommunication Services industry group
-45.00%
- Max
- 41.74%
- Q3
- 12.36%
- Median
- 5.02%
- Q1
- -11.20%
- SPCX
- -45.00%
- Min
- -45.00%
Operating Margin (TTM)
Space Exploration (SPCX) reports a negative operating margin of -41.63%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Berkshire Hathaway (BRK.B) reports 14.35%, ranking against industry peers normally.
BRK.B
Financial Services industry group
14.35%
- Max
- 95.95%
- Q3
- 50.35%
- Median
- 26.49%
- BRK.B
- 14.35%
- Q1
- 11.62%
- Min
- -36.26%
SPCX
Telecommunication Services industry group
-41.63%
- Max
- 35.60%
- Q3
- 21.32%
- Median
- 12.69%
- Q1
- 4.41%
- Min
- -8.71%
- SPCX
- -41.63%
Profitability Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| ROE (TTM) | 10.50% | -- |
| ROA (TTM) | 5.39% | -- |
| Net Margin (TTM) | 19.31% | -45.00% |
| Operating Margin (TTM) | 14.35% | -41.63% |
| Gross Margin (TTM) | -- | 48.83% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| Revenue Growth (YoY) | -3.23% | 33.24% |
| Revenue Growth (3Y CAGR) | 20.59% | -- |
EPS Growth
EPS Growth Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| EPS Growth (YoY) | -24.78% | -25,600.00% |
| EPS Growth (3Y CAGR) | -- | -- |
Financial Strength
Current Ratio (MRQ)
Space Exploration (SPCX) shows current ratio of 1.22; Berkshire Hathaway (BRK.B) doesn’t get one — Financial Services balance sheets aren’t split into current and non-current buckets, so short-term liquidity there is judged through regulatory measures instead.
BRK.B
Financial Services industry group
--
- BRK.B
- --
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
SPCX
Telecommunication Services industry group
1.22
- Max
- 2.39
- Q3
- 1.66
- SPCX
- 1.22
- Median
- 1.11
- Q1
- 0.92
- Min
- 0.25
Debt / Equity (MRQ)
Space Exploration (SPCX) shows debt-to-equity ratio of 0.74; for Berkshire Hathaway (BRK.B) the ratio is set aside — in Financial Services, balance-sheet leverage is part of the business model itself, so capital-adequacy measures do the job this ratio does elsewhere.
BRK.B
Financial Services industry group
--
- BRK.B
- --
- Max
- --
- Q3
- --
- Median
- --
- Q1
- --
- Min
- --
SPCX
Telecommunication Services industry group
0.74
- Max
- 3.82
- Q3
- 2.05
- Median
- 1.00
- SPCX
- 0.74
- Q1
- 0.66
- Min
- 0.00
Financial Strength Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| Current Ratio (MRQ) | -- | 1.22 |
| Debt / Equity (MRQ) | -- | 0.74 |
| Net Debt / EBITDA | -- | 1.75 |
Dividends
Dividend Yield (TTM)
Neither Berkshire Hathaway (BRK.B) nor Space Exploration (SPCX) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
BRK.B
Financial Services industry group
0.00%
- Max
- 20.96%
- Q3
- 8.69%
- Median
- 1.54%
- BRK.B
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SPCX
Telecommunication Services industry group
0.00%
- Max
- 11.69%
- Q3
- 5.53%
- SPCX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Berkshire Hathaway (BRK.B) nor Space Exploration (SPCX) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
BRK.B
Financial Services industry group
0.00%
- Max
- 228.57%
- Q3
- 95.23%
- Median
- 24.86%
- BRK.B
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SPCX
Telecommunication Services industry group
0.00%
- Max
- 128.57%
- Q3
- 60.13%
- Median
- 7.71%
- SPCX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Berkshire Hathaway (BRK.B) trades at 14.90 times trailing earnings, ranked against its peers, while Space Exploration (SPCX) has no P/E ratio this period.
BRK.B
Financial Services industry group
14.90
- Max
- 48.68
- Q3
- 25.25
- BRK.B
- 14.90
- Median
- 14.81
- Q1
- 9.35
- Min
- 0.55
SPCX
Telecommunication Services industry group
--
- Max
- 31.00
- Q3
- 22.27
- Median
- 14.76
- Q1
- 8.29
- Min
- 2.58
- SPCX
- --
P/S Ratio (TTM)
Berkshire Hathaway (BRK.B) at 2.88 prices around its industry’s typical P/S ratio, while Space Exploration (SPCX) at 116.62 clears its benchmark range — SPCX looks notably rich on sales.
BRK.B
Financial Services industry group
2.88
- Max
- 9.70
- Q3
- 4.78
- Median
- 2.89
- BRK.B
- 2.88
- Q1
- 1.44
- Min
- -1.03
SPCX
Telecommunication Services industry group
116.62
- SPCX
- 116.62
- Max
- 3.38
- Q3
- 2.32
- Median
- 0.81
- Q1
- 0.37
- Min
- 0.00
P/B Ratio (MRQ)
Berkshire Hathaway (BRK.B) at 0.00 sits in the lower P/B ratio quartile relative to book while Space Exploration (SPCX) at 28.69 prices above its industry range — a wide valuation gap against assets.
BRK.B
Financial Services industry group
0.00
- Max
- 7.22
- Q3
- 3.47
- Median
- 1.67
- Q1
- 0.91
- BRK.B
- 0.00
- Min
- 0.00
SPCX
Telecommunication Services industry group
28.69
- SPCX
- 28.69
- Max
- 7.42
- Q3
- 3.66
- Median
- 1.62
- Q1
- 0.75
- Min
- 0.01
Valuation Metrics
| Metric | BRK.B | SPCX |
|---|---|---|
| P/E Ratio (TTM) | 14.90 | -- |
| P/S Ratio (TTM) | 2.88 | 116.62 |
| P/B Ratio (MRQ) | 0.00 | 28.69 |
| Free Cash Flow Yield (TTM) | -- | -- |