What if you invested in Berkshire Hathaway in 1996?

BRK-B · Financial · Data through 2026-06-01

$

If you invested $1,000 in Berkshire Hathaway in 1996

$24,529today
+2352.9% total return|+11% annualized

The same $1,000 in the S&P 500 would be worth $19,797(+1879.7%)

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The S&P 500 returned $19,797 on the same $1,000. Berkshire Hathaway beat the market by $4,731.

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See how Berkshire Hathaway stacks up since 1996, head to head.

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What if Berkshire Hathaway keeps this up?

Project forward at Berkshire Hathaway's 11% historical growth rate. See 5-30 year scenarios.

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Growth of $1,000

Berkshire Hathaway vs. S&P 500 vs. US Dollar, 1996 to present

Berkshire Hathaway
S&P 500
US Dollar

Year-by-Year Returns

$1,000 invested in Berkshire Hathaway starting January 1996

YearPriceValueAnnual
1996$20.40$1,000-
1997$23.10$1,132+13.2%
1998$33.54$1,644+45.2%
1999$43.00$2,108+28.2%
2000$32.92$1,614-23.4%
2001$45.00$2,206+36.7%
2002$49.06$2,405+9%
2003$44.48$2,180-9.3%
2004$59.62$2,923+34%
2005$59.88$2,935+0.4%
2006$58.64$2,875-2.1%
2007$73.35$3,596+25.1%
2008$91.00$4,461+24.1%
2009$59.78$2,930-34.3%
2010$76.43$3,747+27.9%
2011$81.75$4,007+7%
2012$78.37$3,842-4.1%
2013$96.93$4,751+23.7%
2014$111.60$5,471+15.1%
2015$143.91$7,054+29%
2016$129.77$6,361-9.8%
2017$164.14$8,046+26.5%
2018$214.38$10,509+30.6%
2019$205.54$10,075-4.1%
2020$224.43$11,001+9.2%
2021$227.87$11,170+1.5%
2022$313.02$15,344+37.4%
2023$311.52$15,271-0.5%
2024$383.74$18,811+23.2%
2025$468.67$22,974+22.1%
2026$480.53$23,555+2.5%

What this return means

A $1,000 position in Berkshire Hathaway (BRK-B) opened in 1996 is worth $24,529 today. That works out to +2352.9%, about 25x the original stake, as of 2026-06-01.

That is about 11% a year compounded, broadly in line with long-run stock market averages. By comparison the S&P 500 returned about $19,797 on the same stake, putting Berkshire Hathaway ahead by close to $4,731. The index compounded at about 10.3% a year over that period.

The path was not smooth. The best single year was 1998 at +45.2%, and the worst was 2009 at -34.3%. At its lowest point the position was down about 34% from an earlier high. These figures use split-adjusted closing prices and exclude dividends, taxes, trading fees, and inflation, so a real after-tax result would differ.

This is historical math, not financial advice. Past performance does not guarantee future results.

What if you invested $100 a month instead?

Most people do not drop a lump sum in on day one. They add a fixed amount every month. Putting $100 into Berkshire Hathaway at the close of every month from May 1996 through June 2026 means 362 buys and $36,200 contributed over about 30.2 years.

$100/month, dollar-cost averaged

$240,224

+563.6% on $36,200 in

Same $36,200, all in at the start

$887,947

+2,352.9% on $36,200 in

Going all in at the start beat spreading the buys out by $647,723. That is the usual result when a stock trends up: each monthly buy pays a higher price than the last, so the average cost climbs. Averaging in also meant an average buy price of $75.41 per share across the whole stretch, so the monthly buyer never had to time a single low. Neither number counts dividends, taxes, or trading costs.

Illustrative fixed $100/month example, not a recommendation. Figures are computed from BRK-B split-adjusted monthly closes through June 2026. Past performance does not guarantee future results.

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For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. All calculations are based on split-adjusted closing prices from Yahoo Finance and do not account for dividends, taxes, or trading fees. See our methodology and full disclaimer.