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Berkshire Hathaway Inc (NYSE: BRK-B) — Company Overview, News & Financial Data

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Company profile

Berkshire Hathaway Inc

Berkshire Hathaway Inc is a multinational conglomerate holding company headquartered in Omaha, Nebraska. The company operates through diverse business segments, primary among them being insurance and reinsurance, freight rail transportation, utility and energy generation and distribution, manufacturing, services, and retailing. Its insurance operations include direct property and casualty coverage, reinsurance, and primary auto insurance through subsidiaries like GEICO and Berkshire Hathaway Reinsurance Group. Additionally, Berkshire Hathaway owns major industrial, commercial, and consumer businesses including the Burlington Northern Santa Fe freight rail network, Berkshire Hathaway Energy, Marmon, Lubrizol, and Precision Castparts, alongside significant equity investments.

Snapshot

Public USOwnership
-Year founded
~390,000Employees
Omaha, United StatesHead office
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Global footprint

Operations

Products and/or services of Berkshire Hathaway Inc

  • Insurance and Reinsurance: Underwriting of property, casualty, life, and health risks globally through primary insurers and reinsurance entities, providing direct commercial and personal coverage alongside large-scale excess-of-loss reinsurance contracts for global insurance markets.
  • Personal Auto Insurance: Direct-to-consumer auto insurance underwriting across all fifty U.S. states, delivering motor vehicle liability, physical damage, and comprehensive coverage to tens of millions of policyholders via direct digital platforms and dedicated call centers.
  • Freight Rail Transportation: Transcontinental freight rail transportation operating over thirty-two thousand route miles across twenty-eight U.S. states and three Canadian provinces, hauling agricultural commodities, consumer products, industrial goods, and energy resources across North America.
  • Energy and Utilities: Regulated electric and natural gas utilities, renewable energy power generation, and interstate natural gas transmission pipelines delivering utility service to millions of retail customers across multiple U.S. states, Canada, and Great Britain.
  • Manufacturing: Industrial manufacturing operations producing specialized metal components for aerospace and power applications, specialty chemical formulations, building products, apparel, and diversified industrial goods across hundreds of specialized manufacturing plants globally.
  • Services and Retailing: Commercial distribution of electronic components, broadline grocery supply services, fractional aircraft ownership management, direct retail sales of home furnishings, fine jewelry, and consumer goods through regional store networks and online platforms.