What if you invested $1,000 in Berkshire Hathaway in 1996? (Inflation-Adjusted)

BRK-B · Financial · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

A $1,000 investment in Berkshire Hathaway in 1996 grew to $23,407 in nominal terms. But 1996 dollars had 0% more purchasing power than today. After adjusting for cumulative inflation using BLS CPI-U data, the real value of that growth works out to $23,407 in constant 1996 dollars, equivalent to a +11.0% real annualized return.

Nominal final value

$23,407

+2240.7% total return

Real value (1996 dollars)

$23,407

+2240.7% real total return

Real annualized return

+11.0%

vs. +11% nominal annualized

Cumulative CPI-U inflation since 1996: 0% (1 dollar in 1996 = $1.00 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in Berkshire Hathaway since 1996, values in constant 1996 dollars

YearNominal ValueReal Value (1996 $)
1996$1,000$1,000
1997$1,132$1,132
1998$1,644$1,644
1999$2,108$2,108
2000$1,614$3,163
2001$2,206$4,213
2002$2,405$4,497
2003$2,180$3,990
2004$2,923$5,202
2005$2,935$5,049
2006$2,875$4,800
2007$3,596$5,825
2008$4,461$6,959
2009$2,930$4,601
2010$3,747$5,732
2011$4,007$5,891
2012$3,842$5,532
2013$4,751$6,700
2014$5,471$7,604
2015$7,054$9,806
2016$6,361$8,715
2017$8,046$10,782
2018$10,509$13,661
2019$10,075$12,796
2020$11,001$13,752
2021$11,170$13,292
2022$15,344$16,725
2023$15,271$16,034
2024$18,811$19,187
2025$22,974$22,974
2026$23,555$23,555

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 1996 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.