BWB vs. BRK-A

Last updated Apr 2, 2026

Compare and contrast key facts about Bridgewater Bancshares, Inc. (BWB) and Berkshire Hathaway Inc (BRK-A).

Performance

BWB vs. BRK-A - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bridgewater Bancshares, Inc. (BWB) and Berkshire Hathaway Inc (BRK-A). The values are adjusted to include any dividend payments, if applicable.

BWB vs. BRK-A - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BWB Bridgewater Bancshares, Inc.	2.11%	29.76%	-0.07%	-23.79%	0.28%	41.63%	-9.36%	30.62%	-16.40%
BRK-A Berkshire Hathaway Inc	-5.11%	10.85%	25.49%	15.77%	4.00%	29.57%	2.42%	10.98%	-1.50%

Fundamentals

Market Cap BWB : $512.86M BRK-A : $1.03T
EPS BWB : $1.63 BRK-A : $46.57K
PE Ratio BWB : 10.97 BRK-A : 15.38
PEG Ratio BWB : 3.80 BRK-A : 0.60
PS Ratio BWB : 1.73 BRK-A : 2.77
PB Ratio BWB : 1.14 BRK-A : 1.44
Total Revenue (TTM) BWB : $291.63M BRK-A : $371.91B
Gross Profit (TTM) BWB : $137.62M BRK-A : $103.31B
EBITDA (TTM) BWB : $64.70M BRK-A : $88.90B

Returns By Period

In the year-to-date period, BWB achieves a 2.11% return, which is significantly higher than BRK-A's -5.11% return.

BWB

• 1D: 1.13%
• 1M: -3.14%
• YTD: 2.11%
• 6M: 3.53%
• 1Y: 28.50%
• 3Y*: 18.20%
• 5Y*: 2.09%
• 10Y*: —

BRK-A

• 1D: -0.26%
• 1M: -0.52%
• YTD: -5.11%
• 6M: -3.97%
• 1Y: -10.50%
• 3Y*: 15.44%
• 5Y*: 12.91%
• 10Y*: 12.75%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

BWB vs. BRK-A — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BWB

BWB Risk / Return Rank: 70
BWB Sharpe Ratio Rank: 72
BWB Sortino Ratio Rank: 66
BWB Omega Ratio Rank: 63
BWB Calmar Ratio Rank: 74
BWB Martin Ratio Rank: 75

BRK-A

BRK-A Risk / Return Rank: 16
BRK-A Sharpe Ratio Rank: 15
BRK-A Sortino Ratio Rank: 15
BRK-A Omega Ratio Rank: 15
BRK-A Calmar Ratio Rank: 16
BRK-A Martin Ratio Rank: 18

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BWB vs. BRK-A - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bridgewater Bancshares, Inc. (BWB) and Berkshire Hathaway Inc (BRK-A). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BWB	BRK-A	Difference
Sharpe ratio Return per unit of total volatility	0.93	-0.60	+1.53
Sortino ratio Return per unit of downside risk	1.44	-0.70	+2.14
Omega ratio Gain probability vs. loss probability	1.18	0.90	+0.28
Calmar ratio Return relative to maximum drawdown	1.85	-0.71	+2.56
Martin ratio Return relative to average drawdown	4.73	-1.19	+5.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BWB vs. BRK-A - Sharpe Ratio Comparison

The current BWB Sharpe Ratio is 0.93, which is higher than the BRK-A Sharpe Ratio of -0.60. The chart below compares the historical Sharpe Ratios of BWB and BRK-A, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BWB	BRK-A	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	-0.60	+1.53
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.75	-0.69
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	0.82	-0.69

Correlation

The correlation between BWB and BRK-A is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

BWB vs. BRK-A - Dividend Comparison

Neither BWB nor BRK-A has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BWB vs. BRK-A - Drawdown Comparison

The maximum BWB drawdown since its inception was -59.49%, which is greater than BRK-A's maximum drawdown of -51.47%. Use the drawdown chart below to compare losses from any high point for BWB and BRK-A.

Drawdown Indicators

	BWB	BRK-A	Difference
Max Drawdown Largest peak-to-trough decline	-59.49%	-51.47%	-8.02%
Max Drawdown (1Y) Largest decline over 1 year	-15.62%	-14.43%	-1.19%
Max Drawdown (5Y) Largest decline over 5 years	-59.49%	-25.98%	-33.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-30.43%	—
Current Drawdown Current decline from peak	-10.37%	-11.50%	+1.13%
Average Drawdown Average peak-to-trough decline	-20.50%	-9.51%	-10.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.10%	8.66%	-2.56%

Volatility

BWB vs. BRK-A - Volatility Comparison

Bridgewater Bancshares, Inc. (BWB) has a higher volatility of 6.23% compared to Berkshire Hathaway Inc (BRK-A) at 4.28%. This indicates that BWB's price experiences larger fluctuations and is considered to be riskier than BRK-A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BWB	BRK-A	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.23%	4.28%	+1.95%
Volatility (6M) Calculated over the trailing 6-month period	20.13%	11.04%	+9.09%
Volatility (1Y) Calculated over the trailing 1-year period	30.80%	17.63%	+13.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.86%	17.26%	+15.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.57%	18.99%	+15.58%

Financials

BWB vs. BRK-A - Profitability Comparison

The chart below illustrates the profitability comparison between Bridgewater Bancshares, Inc. and Berkshire Hathaway Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BWB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Bridgewater Bancshares, Inc. reported a gross profit of 38.84M and revenue of 76.46M. Therefore, the gross margin over that period was 50.8%.

BRK-A - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Berkshire Hathaway Inc reported a gross profit of 21.68B and revenue of 94.23B. Therefore, the gross margin over that period was 23.0%.

BWB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Bridgewater Bancshares, Inc. reported an operating income of 18.60M and revenue of 76.46M, resulting in an operating margin of 24.3%.

BRK-A - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Berkshire Hathaway Inc reported an operating income of 13.65B and revenue of 94.23B, resulting in an operating margin of 14.5%.

BWB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Bridgewater Bancshares, Inc. reported a net income of 13.33M and revenue of 76.46M, resulting in a net margin of 17.4%.

BRK-A - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Berkshire Hathaway Inc reported a net income of 19.20B and revenue of 94.23B, resulting in a net margin of 20.4%.