Catenaa, Sunday, December 07, 2025- Berkshire Hathaway Stock is on track to lag behind the S&P 500 in the last year of Warren Buffett’s tenure as CEO, as the stock has gained just 11% so far this year.
Just before Warren Buffett surprised shareholders in early May with his plan to step down as CEO at the end of the year, Berkshire Hathaway’s B shares were outperforming the benchmark S&P 500 by 22.4 percentage points in 2025.
Over the following three months, the stock fell 14.9% to a post-meeting closing low of $459.11 on August 4.
Since that date, it has rebounded by 9.9% to close at $504.34, representing an 11.3% year-to-date increase.
But it hasn’t been enough to catch up with the S&P’s 37.9% surge since its closing low of the year of 4982.77 on April 8.
After a four-day winning streak, the index ended today at 6870.40, just 20 points below its all-time closing high in late October, and up 16.8% year-to-date.
So, with 17 trading days remaining in 2025, and 26 calendar days until Greg Abel takes over as Berkshire’s CEO, Berkshire’s B shares are trailing the S&P by 5.5 percentage points.
They had been down 12.2 percentage points on October 29 and came with 0.6 percentage points of drawing even on November 20.
This isn’t the full story, however, because Buffett likes to compare Berkshire’s stock performance to the S&P with dividends included.
That gives the index another 1.4 percentage points for a total YTD gain of 18.2%, almost 7 percentage points ahead of Berkshire.
