SECTOR SYSTEM / 12 COVERED ISSUERS
Banks, insurers, exchanges and asset managers earn income through different balance-sheet and fee models. Conventional industrial cash-flow ratios may not be economically comparable.
Net interest income, credit provisions, fee income, underwriting results and capital adequacy.
Credit losses, deposit pricing, reserve assumptions, market liquidity and regulatory capital.
Sector medians are descriptive, not fair-value estimates. Dated company ratios use annual denominators and differ in fiscal year end. Historical-multiple series are unavailable. Sources and exclusions are visible on company profiles.
Across 6 eligible financials companies, the equal-weight median capital expenditure as a share of revenue was 4.04% for the prior selected annual periods.
Across 6 eligible financials companies, the equal-weight median capital expenditure as a share of revenue was 4.08% for the latest selected annual periods.
Across 10 eligible financials companies, the equal-weight median operating cash-flow margin was 16.84% for the prior selected annual periods.
Across 10 eligible financials companies, the equal-weight median operating cash-flow margin was 19.30% for the latest selected annual periods.
Across 12 eligible financials companies, the equal-weight median equity as a share of assets was 9.55% for the prior selected annual periods.
Across 12 eligible financials companies, the equal-weight median equity as a share of assets was 9.48% for the latest selected annual periods.
Across 10 eligible financials companies, the equal-weight median net margin was 28.20% for the prior selected annual periods.
Across 10 eligible financials companies, the equal-weight median net margin was 26.60% for the latest selected annual periods.
Across 9 eligible financials companies, the equal-weight median revenue growth was 4.32% for the prior selected annual periods.
Across 10 eligible financials companies, the equal-weight median revenue growth was 6.69% for the latest selected annual periods.
AMERICAN EXPRESS CO
Annual revenue of USD 41.304 billion and net income of USD 10.833 billion for the period ended 2025-12-31.
BANK OF AMERICA CORP /DE/
A two-period review of BAC revenue, profitability and cash conversion; reported revenue growth was 6.84%.
BANK OF AMERICA CORP /DE/
Annual revenue of USD 113.097 billion and net income of USD 30.509 billion for the period ended 2025-12-31.
BlackRock, Inc.
Annual revenue of USD 24.216 billion and net income of USD 5.553 billion for the period ended 2025-12-31.
BERKSHIRE HATHAWAY INC
A two-period review of BRK-B revenue, profitability and cash conversion; reported revenue growth was -0.99%.
BERKSHIRE HATHAWAY INC
Annual revenue of USD 247.244 billion and net income of USD 66.968 billion for the period ended 2025-12-31.