Share prices have exerted a special attraction for decades. But what does „expensive“ actually mean on the stock market?
Below is a look at the most expensive shares in the United States according to their nominal unit price. It also shows why companies deliberately avoid price cosmetics and why the price alone says little about the actual value of the company.
Notice: The ranking of the most expensive shares from the USA is explicitly based on the unit price per share and not on the market capitalization of the respective company.
Source: TradingView, as at: 26.02.2026, 18:45 h
The most important facts in brief:
- The most expensive US share and at the same time the most valuable share in the world in terms of price per share is Berkshire Hathaway A at USD 749,520.
- The companies with the ten most expensive share prices in the USA come from the areas of investment holdings, insurance and banking, construction and real estate, agriculture and food, online travel agencies, car parts retailing, e-commerce and semiconductor technology
- Investors should focus less on visually high or low share prices and more on the business model, competitive position and sustainable profitability, for example
Stock splits - Some companies deliberately avoid „price cosmetics“
An extremely high share price does not necessarily mean that a share is „overpriced“ or artificially high. Some companies deliberately refrain from splits, for example to attract long-term investors and reduce short-term speculation.
A share split can rather be seen as „price cosmetics“ to optimize accessibility for small investors or to improve tradability. The bottom line is that a share split changes the unit price without affecting the value of the company.
1. Berkshire Hathaway A (749,520 US dollars)
The most expensive US share and at the same time the most expensive share in the world is the Berkshire Hathaway A share (ISIN: US0846701016) with a unit price of USD 749,520. Warren Buffett's investment company, Berkshire Hathaway, is known for its broad participation in various sectors, ranging from insurance to energy and consumer goods.
Berkshire Hathaway Chart

2. NVR, Inc (7,340 US dollars)
The second most expensive US share is NVR (ISIN: US62944T1051) with a share value per share of USD 7,340. NVR is one of the leading home builders in the USA with a focus on single-family homes and condominiums.
NVR, Inc Chart

3rd Seaboard Corporation (4,958 US dollars)
The Seaboard Corporation (ISIN: US8115431079) is the third most expensive share with a valuation of USD 4,958 per share. The company is a diversified conglomerate with activities in agriculture, food production and shipping.
Seaboard Corporation Chart

4th Booking Holdings (4,224 US dollars)
Booking Holdings (ISIN: US09857L1089) ranks fourth with a valuation of USD 4,224 per share. As one of the world's largest online travel agents with brands such as Bookking.com, Priceline and Kayak, the share is benefiting not least from the continued growth in the digital market for travel and bookings.
Booking Holdings Chart

5th AutoZone (3,639 US dollars)
Fifth place goes to AutoZone (ISIN: US0533321024) at USD 3,639. The company is regarded as the leading US dealer for automotive spare parts and accessories. AutoZone has a strong market position with a dense branch network.
AutoZone Chart

6 White Mountains Insurance (2,234 US dollars)
White Mountains Insurance (ISIN: US9604841070) is the sixth most expensive share (USD 2,234). The holding company is known for products in the insurance and reinsurance sectors.
White Mountains Insurance Chart

7 Markel Group (2,063 US dollars)
The Markel Group (ISIN: US5705351048) comes in seventh place with USD 2,063. As a specialty insurer and investment holding company, the company is notorious for its innovative insurance solutions.
Markel Group Chart

8 First Citizens BancShares (1,993 US dollars)
First Citizens BancShares (ISIN: US31946M1036) is the eighth most expensive share in the United States (USD 1,993). First Citizens Bank is a regional US bank with a focus on business and private customers.
First Citizens BancShares Chart

9th MercadoLibre (1,744 US dollars)
MercadoLibre (ISIN: US58733R1023) comes in ninth place with a valuation of USD 1,744 per share. The company is regarded as the leading e-commerce and fintech platform in Latin America. In addition to marketplace services, it offers digital payment processing.
MercadoLibre Chart

10th KLA Corporation (1,500 US dollars)
The ranking of the most expensive US equities is rounded off by KLA Corporation (ISIN: US4824801009) at USD 1,500 per unit. The company is a leading global provider of process control and inspection systems for the semiconductor industry. The strong growth in chip production, boosted by the AI boom and the associated importance of semiconductors, has attracted attention to the share.
KLA Corporation Chart


Summary: High-priced US equities hit strong market position
The ranking of the most valuable US stocks by unit price includes investment companies such as Berkshire Hathaway, innovative technology and e-commerce companies such as KLA Corporation and Mercado Libre, as well as regional players such as First Citizens Bank.
However, the highest share prices on the US market are no coincidence, but possibly the result of long-term value creation. Companies such as Berkshire Hathaway in particular are examples of sustainable profit growth and a clear strategic focus. KLA Corporation, Booking Holdings and Mercado Libre show how structural trends such as digitalization, demand for semiconductors and e-commerce can create remarkable corporate value.
It is also noticeable that many companies do not split their shares. It should be noted that a high unit price alone says little about the valuation.
This leads to the key insight that the nominal price of a security is not the decisive factor. In this context, the focus should be less on visually high or low prices and more on the business model, competitive position and sustainable profitability, for example.
