Compare Stocks › BRK-B vs TPL
Berkshire Hathaway Inc. (BRK-B) vs Texas Pacific Land Corporation (TPL): Which Is the Better Buy in 2026?
As of 2026-11-01, BRK-B is fairly valued at $542, with a DCF intrinsic value of $590 and a margin of safety of 8%. TPL is overvalued at $332, with an intrinsic value of $53 and a margin of safety of -531%. Of the two, BRK-B has the wider margin of safety.
BRK-B
Berkshire Hathaway Inc.
$542.49
VS
TPL
Texas Pacific Land Corporation
$331.68
Rewards
BRK-B
- ★Each dollar of retained earnings has created $3.95 of earning power — management is an exceptional capital allocator.
- ★Net debt/EBITDA of -1.8x means the company holds more cash than debt — a net cash position.
TPL
- ★Texas Pacific Land Corporation has maintained ROIC above 15% for 4 consecutive years, indicating a durable competitive advantage.
- ★Gross margin of 93.3% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
- ★Return on equity has consistently exceeded 20% over 4 years, indicating efficient use of shareholder capital.
Risks
BRK-B
- ⚠FCF yield of 6.2% suggests reasonable valuation assuming continued moderate growth.
- ⚠PEG ratio of 10.06 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
TPL
- ⚠PEG ratio of 7.33 indicates the stock is expensive relative to its expected growth — the market may be pricing in more growth than analysts project.
- ⚠Free cash flow has declined at a 57.8% CAGR over the past 4 years — a concerning trend.
Key Valuation Metrics
Learn more →BRK-B
TPL
Valuation
$71.98B
Free Cash Flow
$-32.84M
6.20%
FCF Yield
-0.14%
13.64
Trailing P/E
42.31
24.18
Forward P/E
4.54
Quality & Moat
11.26%
ROIC
32.78%
12.12%
ROE
36.57%
30.33%
Gross Margin
93.34%
10.06
PEG Ratio
7.33
Balance Sheet Safety
Net cash
Net Debt / Equity
Net cash
N/A
Interest Coverage
N/A
-1.81
Net Debt / EBITDA
-0.31
0.00%
Dividend Yield
0.72%
BRK-B: 5Ties: 1TPL: 6
BRK-BTPL
Historical Fundamentals
Learn more →BRK-B
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.
TPL
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.
Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation. The dashed forward point is the forward P/E — today's price ÷ analyst consensus EPS.
$1 Retained Earnings Test
Learn more →BRK-B
$1.64
created per $1 retained over 3 years
Value Creator
Σ Retained
$252.19B
Δ Market Cap
+$414.76B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
TPL
$2.36
created per $1 retained over 3 years
Exceptional Value Creator
Σ Retained
$745.9M
Δ Market Cap
+$1.76B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
Discounted Cash Flow (DCF) Analysis
Learn more →BRK-B
8.0% Margin of Safety
Price is 8.0% below estimated fair value
Current Price: $542.49
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Fair Value: $589.58
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
TPL
530.8% Overvalued
Price is 530.8% above estimated fair value
Current Price: $331.68
Strongly undervalued
Strongly overvalued
Fair Value: $52.58
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
Reverse DCF — Market-Implied Growth
Learn more →BRK-B
What growth rate is the market pricing in at $542?
+2.6%
Market-Implied Owner Earnings Growth
Standard FCF implies +1.6%
The market implies +2.6% Owner Earnings growth, above historical trends.
Standard FCF implies a demanding +1.6%, reflecting heavy growth investment.
TPL
Requires positive FCF to compute implied growth rate.
Economic Moat Score
Learn more →BRK-B
40/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with reinvestment efficiency as the key competitive advantage. Improving revenue predictability would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
TPL
67/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None
Narrow moat with roic consistency as the key competitive advantage. Improving reinvestment efficiency would strengthen the moat.
Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.
Forensic Accounting
Learn more →BRK-B
-2.41
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
TPL
-10.93
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone
M-Score Trend
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
Ownership Breakdown
Learn more →BRK-B
Insiders 0.3%Institutions 67.0%Retail & Other 32.7%
No. of Institutional Holders5,930
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
TPL
Insiders 0.4%Institutions 75.2%Retail & Other 24.4%
No. of Institutional Holders1,152
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.
Insider Buying Activity
Learn more →BRK-B
1
Buys (3M)
2
Buys (12M)
Total value (12M): $500,617
O'SULLIVAN MICHAEL J
General Counsel
$250,072
@ $512.44 · 2026-08-12
O'SULLIVAN MICHAEL J
General Counsel
$250,545
@ $467.43 · 2026-05-06
Open market purchases · includes direct & indirect ownership · excludes option exercises
TPL
38
Buys (3M)
137
Buys (12M)
Total value (12M): $519,478
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$1,364
@ $341.00 · 2026-09-29
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$340.00
@ $340.00 · 2026-09-28
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$340.00
@ $340.00 · 2026-09-25
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$353.00
@ $353.00 · 2026-09-23
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$361.00
@ $361.00 · 2026-09-22
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$349.00
@ $349.00 · 2026-09-21
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$351.00
@ $351.00 · 2026-09-18
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$352.00
@ $352.00 · 2026-09-16
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$372.00
@ $372.00 · 2026-09-15
DOYLE PETER BRENDAN
Director
$1,858
@ $371.60 · 2026-09-15
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$368.00
@ $368.00 · 2026-09-11
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$366.00
@ $366.00 · 2026-09-10
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$379.00
@ $379.00 · 2026-09-09
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$375.00
@ $375.00 · 2026-09-08
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$360.00
@ $360.00 · 2026-09-04
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$368.00
@ $368.00 · 2026-09-03
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$363.00
@ $363.00 · 2026-09-02
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$369.00
@ $369.00 · 2026-09-01
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$369.00
@ $369.00 · 2026-08-31
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$364.00
@ $364.00 · 2026-08-28
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$366.00
@ $366.00 · 2026-08-27
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$375.00
@ $375.00 · 2026-08-26
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$373.00
@ $373.00 · 2026-08-25
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$377.00
@ $377.00 · 2026-08-24
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$382.00
@ $382.00 · 2026-08-21
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$378.00
@ $378.00 · 2026-08-20
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$372.00
@ $372.00 · 2026-08-19
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$361.00
@ $361.00 · 2026-08-18
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$357.00
@ $357.00 · 2026-08-17
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$358.00
@ $358.00 · 2026-08-14
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$343.00
@ $343.00 · 2026-08-13
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$353.00
@ $353.00 · 2026-08-12
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$353.00
@ $353.00 · 2026-08-11
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$345.00
@ $345.00 · 2026-08-10
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$353.00
@ $353.00 · 2026-08-07
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$356.00
@ $356.00 · 2026-08-06
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$386.00
@ $386.00 · 2026-08-05
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$404.00
@ $404.00 · 2026-08-04
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$393.00
@ $393.00 · 2026-08-03
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$400.00
@ $400.00 · 2026-07-31
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$389.00
@ $389.00 · 2026-07-30
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$394.00
@ $394.00 · 2026-07-29
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$393.00
@ $393.00 · 2026-07-28
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$409.00
@ $409.00 · 2026-07-27
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$424.00
@ $424.00 · 2026-07-24
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$427.00
@ $427.00 · 2026-07-22
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$413.00
@ $413.00 · 2026-07-21
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$416.00
@ $416.00 · 2026-07-20
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$420.00
@ $420.00 · 2026-07-17
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$416.00
@ $416.00 · 2026-07-16
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$414.00
@ $414.00 · 2026-07-15
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$408.00
@ $408.00 · 2026-07-14
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$411.00
@ $411.00 · 2026-07-13
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$386.00
@ $386.00 · 2026-07-10
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$400.00
@ $400.00 · 2026-07-09
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$397.00
@ $397.00 · 2026-07-08
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$401.00
@ $401.00 · 2026-07-07
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$403.00
@ $403.00 · 2026-07-02
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$426.00
@ $426.00 · 2026-07-01
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$436.00
@ $436.00 · 2026-06-30
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$411.00
@ $411.00 · 2026-06-29
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$397.00
@ $397.00 · 2026-06-26
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$389.00
@ $389.00 · 2026-06-25
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$371.00
@ $371.00 · 2026-06-23
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$351.00
@ $351.00 · 2026-06-22
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$355.00
@ $355.00 · 2026-06-18
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$357.00
@ $357.00 · 2026-06-17
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$356.00
@ $356.00 · 2026-06-16
DOYLE PETER BRENDAN
Director
$1,528
@ $382.00 · 2026-06-15
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$385.00
@ $385.00 · 2026-06-12
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$370.00
@ $370.00 · 2026-06-11
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$380.00
@ $380.00 · 2026-06-10
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$387.00
@ $387.00 · 2026-06-09
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$403.00
@ $403.00 · 2026-06-08
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$395.00
@ $395.00 · 2026-06-05
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$407.00
@ $407.00 · 2026-06-03
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$368.00
@ $368.00 · 2026-06-02
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$387.00
@ $387.00 · 2026-06-01
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$395.00
@ $395.00 · 2026-05-29
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$406.00
@ $406.00 · 2026-05-28
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$808.00
@ $404.00 · 2026-05-27
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$401.00
@ $401.00 · 2026-05-22
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$396.00
@ $396.00 · 2026-05-21
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$792.00
@ $396.00 · 2026-05-20
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$780.00
@ $390.00 · 2026-05-19
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$385.00
@ $385.00 · 2026-05-18
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$388.00
@ $388.00 · 2026-05-15
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$385.00
@ $385.00 · 2026-05-14
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$394.00
@ $394.00 · 2026-05-12
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$401.00
@ $401.00 · 2026-05-07
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$419.00
@ $419.00 · 2026-05-06
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$433.00
@ $433.00 · 2026-05-05
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$439.00
@ $439.00 · 2026-05-04
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$433.00
@ $433.00 · 2026-05-01
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$437.00
@ $437.00 · 2026-04-23
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$438.00
@ $438.00 · 2026-04-22
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$442.00
@ $442.00 · 2026-04-21
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$428.00
@ $428.00 · 2026-04-20
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$424.00
@ $424.00 · 2026-04-16
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$419.00
@ $419.00 · 2026-04-15
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$414.00
@ $414.00 · 2026-04-14
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$415.00
@ $415.00 · 2026-04-13
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$407.00
@ $407.00 · 2026-04-10
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$402.00
@ $402.00 · 2026-04-09
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$1,347
@ $449.00 · 2026-04-08
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$443.00
@ $443.00 · 2026-04-06
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$443.00
@ $443.00 · 2026-04-02
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$470.00
@ $470.00 · 2026-03-31
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$494.00
@ $494.00 · 2026-03-30
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$1,044
@ $522.00 · 2026-03-27
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$538.00
@ $538.00 · 2026-03-25
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$535.00
@ $535.00 · 2026-03-24
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$529.00
@ $529.00 · 2026-03-23
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$534.00
@ $534.00 · 2026-03-20
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$527.00
@ $527.00 · 2026-03-19
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$532.00
@ $532.00 · 2026-03-18
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$525.00
@ $525.00 · 2026-03-17
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$525.00
@ $525.00 · 2026-03-16
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$529.00
@ $529.00 · 2026-03-13
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$532.00
@ $532.00 · 2026-03-12
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$523.00
@ $523.00 · 2026-03-11
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$527.00
@ $527.00 · 2026-03-10
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$527.00
@ $527.00 · 2026-03-09
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$526.00
@ $526.00 · 2026-03-06
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$529.00
@ $529.00 · 2026-03-05
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$530.00
@ $530.00 · 2026-03-04
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$524.00
@ $524.00 · 2026-03-02
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$517.00
@ $517.00 · 2026-02-27
EPPS DONNA E
Director
$456,853
@ $510.45 · 2026-02-25
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$520.00
@ $520.00 · 2026-02-24
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$520.00
@ $520.00 · 2026-02-23
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$504.00
@ $504.00 · 2026-02-20
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$469.00
@ $469.00 · 2026-02-19
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$435.00
@ $435.00 · 2026-02-18
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$426.00
@ $426.00 · 2026-02-17
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$426.00
@ $426.00 · 2026-02-13
HORIZON KINETICS ASSET MANAGEMENT L.L.C.
Beneficial Owner of more than 10% of a Class of Security
$408.00
@ $408.00 · 2026-02-11
Open market purchases · includes direct & indirect ownership · excludes option exercises
Open market purchases · includes direct & indirect ownership · excludes option exercises.
Insider Selling Activity
Learn more →BRK-B
0
Sells (3M)
0
Sells (12M)
No open market insider sales found.
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
TPL
0
Sells (3M)
3
Sells (12M)
Total value (12M): $2.87M
STEDDUM CHRIS
Chief Financial Officer
$1.60M
@ $400.27 · 2026-06-08
EPPS DONNA E
Director
$456,522
@ $510.08 · 2026-02-25
BUFFINGTON STEPHANIE
Officer
$808,824
@ $503.00 · 2026-02-24
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.
🎭 Mr. Market's Mood
Learn more →BRK-B
😏Greed(74/100)
"Market is optimistic — be cautious and ensure you have a margin of safety"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
TPL
😨Fear(29/100)
"Market is pessimistic — investigate whether fears are temporary or structural"
Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
⚖️ Buffett Signal
Learn more →BRK-B
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Greed (74)
TPL
⚪Awaiting DCF Data
The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.
DCF Margin of Safety: N/AMr. Market's Mood: Fear (29)
Frequently Asked Questions: BRK-B vs TPL
Is Berkshire Hathaway Inc. or Texas Pacific Land Corporation more undervalued in 2026?▼
Based on our discounted cash flow model, BRK-B trades at a 8.0% margin of safety (intrinsic value $590 vs. price $542), compared to TPL's -530.8% margin of safety (intrinsic $53 vs. $332).
Which stock has a wider economic moat, Berkshire Hathaway Inc. or Texas Pacific Land Corporation?▼
TPL scores 67/100 (Narrow moat), while BRK-B scores 40/100 (Narrow moat). The moat score measures competitive advantage durability across ROIC consistency, margin stability, revenue predictability, and reinvestment efficiency.
Is Berkshire Hathaway Inc. in financial distress?▼
BRK-B's Altman Z-Score of 2.5 places it in the Grey zone, signaling elevated bankruptcy risk. TPL scores 75.5 (Safe zone). The Altman Z-Score is a five-factor model that predicts insolvency within two years; scores below 1.81 indicate significant distress.
Which company has better free cash flow, Berkshire Hathaway Inc. or Texas Pacific Land Corporation?▼
Berkshire Hathaway Inc. (BRK-B) generates a 6.2% free cash flow yield, compared to Texas Pacific Land Corporation's -0.1%. A higher FCF yield means the business converts more of its market value into cash that can be returned to shareholders or reinvested.
Which stock has higher return on invested capital, Berkshire Hathaway Inc. or Texas Pacific Land Corporation?▼
TPL earns 32.8% ROIC versus BRK-B's 11.3%. A higher ROIC means the company generates more profit per dollar of capital employed, a hallmark of durable competitive advantage in Buffett-style analysis.