Berkshire Hathaway Inc (NYSE: BRK-B) — Company Overview, News & Financial Data
Berkshire Hathaway Inc is a multinational conglomerate holding company headquartered in Omaha, Nebraska.
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
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.
Berkshire Hathaway Inc executive team
- Gregory Edward AbelCEO, President & Director
- Marc David HamburgExecutive Officer
- Ajit JainVice Chairman of Insurance Operations & Director
- Charles C. ChangSenior VP & CFO
- Daniel Jerome JaksichVP, Controller & Principal Accounting Officer
- Michael J. O'SullivanSenior VP & General Counsel
- Adam M. JohnsonPresident of Consumer Products, Service & Retailing
- Kerby S. HamTreasurer
- Peter James EastwoodCEO & President of Specialty Insurance
- Kara Lee RaiguelCEO & President of General Re Unit
Latest news about Berkshire Hathaway Inc
Berkshire completes $8.5bn Taylor Morrison acquisition
United StatesBerkshire Hathaway to Acquire Taylor Morrison in a $6.8 Billion Deal
AustraliaBerkshire Hathaway Idea for Twenty One Capital: Mallers
AustraliaBerkshire Hathaway Posts $11.35 Billion Earning
AustraliaBerkshire Hathaway earnings miss estimates as insurance profits slide 54%
United StatesBerkshire Hathaway Slashes Stake in Amazon by More Than 75%
Australia
Key financials
Reported results for Berkshire Hathaway Inc, in USD.
- Market cap
- 1.2T
- Revenue (TTM)
- 384.7B
- P/E ratio
- 13.6
- EPS (diluted, TTM)
- 39.8
- Dividend yield
- —
- Profit margin
- 22.3%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 371.4B | 58.9B | 67B | |
| 371.4B | 59.4B | 89B | |
| 364.5B | 48.1B | 96.2B | |
| 302.1B | 37.3B | -22.8B |