Berkshire Hathaway Inc. vs UBS Group AG: Strategic Comparison
Key Differences at a Glance
| Field | Berkshire Hathaway Inc. | UBS Group AG |
|---|---|---|
| Revenue | $371.4B | $47.7B |
| Founded | 1839 | 1998 |
| Employees | 387,800 | 105,000 |
| Market Cap | $1.05T | $167.8B |
| Headquarters | United States | Switzerland |
Quick Stats Comparison
| Metric | Berkshire Hathaway Inc. | UBS Group AG |
|---|---|---|
| Revenue | $371.4B | $47.7B |
| Founded | 1839 | 1998 |
| Headquarters | Omaha, Nebraska | Zurich and Basel, Switzerland |
| Market Cap | $1.05T | $167.8B |
| Employees | 387,800 | 105,000 |
Berkshire Hathaway Inc. Revenue vs UBS Group AG Revenue — Year by Year
| Year | Berkshire Hathaway Inc. | UBS Group AG | Leader |
|---|---|---|---|
| 2025 | $371.4B | $47.7B | Berkshire Hathaway Inc. |
| 2024 | $371.4B | $42.3B | Berkshire Hathaway Inc. |
| 2023 | $364.5B | $33.7B | Berkshire Hathaway Inc. |
Business Model Breakdown
Overview: Berkshire Hathaway Inc. vs UBS Group AG
This in-depth comparison examines Berkshire Hathaway Inc. and UBS Group AG across revenue, market value, business model, competitive positioning, and long-term growth strategy. Whether you are researching Berkshire Hathaway Inc. on its own, evaluating UBS Group AG, or weighing the two companies side by side, the breakdown below highlights where each company leads and where the gap between Berkshire Hathaway Inc. and UBS Group AG is widest.
On the headline numbers, Berkshire Hathaway Inc. reports annual revenue of $371.4B against $47.7B for UBS Group AG, while their respective market capitalizations stand at $1.05T and $167.8B. Berkshire Hathaway Inc. is headquartered in United States and UBS Group AG operates from Switzerland, and those different home markets shape how each company competes.
Berkshire Hathaway Inc.: Berkshire began as a textile company and became a holding company after Warren Buffett gained control in 1965. The modern company is a collection of operating businesses and investments bound by decentralized management, conservative financing, and a long-term shareholder culture.
UBS Group AG: UBS is less a traditional bank than a global private-wealth platform with a large Swiss banking base and selective investment banking capabilities. The Credit Suisse acquisition increased scale but made execution the central story.
Business Models: How Berkshire Hathaway Inc. and UBS Group AG Make Money
Berkshire Hathaway Inc. and UBS Group AG pursue distinct approaches to generating revenue, and understanding how each company operates is the foundation of any fair comparison between Berkshire Hathaway Inc. and UBS Group AG.
Berkshire Hathaway Inc. business model: Berkshire makes money through insurance underwriting and float investment, freight rail, regulated utilities and energy infrastructure, industrial manufacturing, wholesale distribution, retail, services, and a large portfolio of equity and fixed-income investments.
UBS Group AG business model: UBS makes money from wealth management fees, advisory, lending, Swiss retail and corporate banking, asset management fees, investment banking advisory and capital markets activity, and trading. Wealth management provides the strategic core because asset-based fees recur as long as client assets remain on the platform.
Competitive Advantage: Berkshire Hathaway Inc. vs UBS Group AG
The durability of a company's moat often decides long-term winners. Here is how the competitive advantages of Berkshire Hathaway Inc. stack up against those of UBS Group AG.
Berkshire Hathaway Inc. competitive advantage: Berkshire's advantage is permanent capital, insurance float, a conservative balance sheet, reputation with sellers, and a decentralized culture that attracts owner-minded managers.
UBS Group AG competitive advantage: UBS's advantage is the combination of Swiss banking trust, global ultra-high-net-worth coverage, more than USD 7 trillion in invested assets, and the ability to serve clients across wealth management, lending, capital markets, and asset management.
Growth Strategy: Where Berkshire Hathaway Inc. and UBS Group AG Are Headed
Future prospects matter as much as current results. The growth strategies below explain how Berkshire Hathaway Inc. and UBS Group AG each plan to expand from here.
Berkshire Hathaway Inc. growth strategy: Berkshire's growth strategy is not a top-down operating plan; it is disciplined capital allocation. The company reinvests in subsidiaries, buys public equities, acquires private businesses when prices fit, and keeps a fortress balance sheet for downturns.
UBS Group AG growth strategy: UBS is focused on integrating Credit Suisse, reducing duplicate costs, expanding global wealth management relationships, using technology to improve advisor productivity, growing asset management mandates, and keeping the investment bank focused on capital-light advisory and markets strengths.
Financial Picture: Berkshire Hathaway Inc. vs UBS Group AG
A closer look at the financial trajectory of Berkshire Hathaway Inc. and UBS Group AG rounds out the comparison.
Berkshire Hathaway Inc.: For FY2025, Berkshire reported $371.444B in revenue and $66.968B in net income attributable to shareholders. Its filing reported about 387,800 employees worldwide at year-end. The updated net income replaces the prior-year comparison figure previously used in this profile.
UBS Group AG: UBS Group reported USD 7.8 billion in 2025 net profit attributable to shareholders and a CET1 ratio of 14.4%. UBS AG consolidated total revenues were USD 47.7 billion, up from USD 42.3 billion in 2024, as Credit Suisse consolidation and client activity reshaped the revenue base.
Company-Specific SWOT Notes
Berkshire Hathaway Inc.
Berkshire's advantage is permanent capital, insurance float, a conservative balance sheet, reputation with sellers, and a decentralized culture that attracts owner-minded managers.
Berkshire's size makes high-return capital deployment harder, and results can swing with insurance losses and investment-market changes.
Large cash and Treasury holdings give Berkshire optionality if markets dislocate or attractive private businesses become available.
Berkshire Hathaway's biggest risk is the challenge of deploying very large amounts of capital at attractive returns while managing insurance catastrophe exposure, equity-market volatility, and succession execution.
UBS Group AG
UBS's advantage is the combination of Swiss banking trust, global ultra-high-net-worth coverage, more than USD 7 trillion in invested assets, and the ability to serve clients across wealth management, lending, capital markets, and asset management.
UBS wins when wealthy clients consolidate advice, custody, lending, markets access, and estate or tax-aware services with one global institution.
The biggest risk is execution failure in the Credit Suisse integration or regulatory capital changes that reduce the economic upside of the merger.
UBS is focused on integrating Credit Suisse, reducing duplicate costs, expanding global wealth management relationships, using technology to improve advisor productivity, growing asset management mandates, and keeping the investment bank focused on capital-light advisory and markets strengths.
Head-to-Head Scorecard
| Category | Winner | Why |
|---|---|---|
| Revenue Scale | Berkshire Hathaway Inc. | Berkshire Hathaway Inc. reports the larger revenue base ($371.4B), which serves as a core operational scale signal. |
| Profitability Potential | Comparable | Both organizations prioritize market penetration or are at equivalent reporting tiers. |
| Company Age | Berkshire Hathaway Inc. | Founded in 1839 vs 1998. The earlier pioneer typically commands longer historical institutional legacy. |
| Innovation Moat | Berkshire Hathaway Inc. | Higher aggregate count of major acquisitions and key R&D releases indicates a more active technology absorption velocity. |
| Scale (Employees) | Berkshire Hathaway Inc. | A significantly larger reported workforce supports enhanced global distribution capability. |
| Market Cap | Berkshire Hathaway Inc. | Higher public valuation denotes greater forward-looking investor conviction in earnings potential. |
| Future Outlook | Tied | Strategic auditing assesses that both maintain defensive leadership vectors within their core market clusters. |
Who Wins Each Category?
Berkshire Hathaway Inc. reports the larger revenue base ($371.4B), which serves as a core operational scale signal.
Both organizations prioritize market penetration or are at equivalent reporting tiers.
Founded in 1839 vs 1998. The earlier pioneer typically commands longer historical institutional legacy.
Higher aggregate count of major acquisitions and key R&D releases indicates a more active technology absorption velocity.
A significantly larger reported workforce supports enhanced global distribution capability.
Who Wins: Berkshire Hathaway Inc. or UBS Group AG?
Reviewed by Swet Parvadiya, May 2026 - Author Profile
Our analysts compile business strategy profiles from public financial filings, press releases, and analyst reports. Each profile is reviewed for accuracy before publication by our editorial desk and updated on a rolling basis.
Frequently Asked Questions: Berkshire Hathaway Inc. vs UBS Group AG
Is Berkshire Hathaway Inc. better than UBS Group AG?
Verdict: Between Berkshire Hathaway Inc. and UBS Group AG, Berkshire Hathaway Inc. is the stronger overall option based on higher annual revenue. The decision still depends on which factors matter most for your needs, but on the weight of the evidence above, Berkshire Hathaway Inc. comes out ahead in this Berkshire Hathaway Inc. vs UBS Group AG comparison.
Who earns more — Berkshire Hathaway Inc. or UBS Group AG?
Berkshire Hathaway Inc. earns more with $371.4B in annual revenue versus UBS Group AG's $47.7B. Berkshire Hathaway Inc. leads on total revenue based on latest verified figures.
Which company has higher revenue — Berkshire Hathaway Inc. or UBS Group AG?
Berkshire Hathaway Inc. reported $371.4B, while UBS Group AG reported $47.7B. The revenue leader is Berkshire Hathaway Inc. based on latest verified figures.
Berkshire Hathaway Inc. revenue vs UBS Group AG revenue — which is higher?
Berkshire Hathaway Inc. revenue: $371.4B. UBS Group AG revenue: $47.7B. Berkshire Hathaway Inc. has the larger revenue base of the two companies.
Sources & References
- SEC EDGAR: Berkshire Hathaway Inc. Annual Filings (10-K, 8-K)
- Berkshire Hathaway Inc. Corporate Website
- Berkshire Hathaway Inc. Annual Report 2025 - Revenue and Financial Data
- berkshirehathaway.com
- sec.gov
- data.sec.gov
- berkshirehathaway.com
- UBS Group AG Corporate Website
- UBS Group AG Annual Report 2025 - Revenue and Financial Data
- ubs.com
- ubs.com
- ubs.com