Berkshire Hathaway Inc (Berkshire) is a diversified holding group. Berkshire through its subsidiaries, it focuses on insurance and reinsurance, freight rail transportation and utility and energy generation and distribution business. It offers property and casualty insurance and reinsurance, and life, health, and accident reinsurance products. The group operates railroad systems in North America, which serve the Midwest, Southwestern, Western, Pacific Northwest, and Southeastern ports and regions of the US. Berkshire also focuses on manufacturing, service and retailing, finance, and financial products activities. The group primarily operates in North America, Western Europe, and Asia Pacific region. Berkshire is headquartered in Omaha, Nebraska, the US.
Headquarters
United States of America
Address
3555 Farnam St, Omaha, Nebraska, 68131-3311
Website
www.berkshirehathaway.com
Telephone
1 402 3461400
No of Employees
383,000
Industry
Financial Services
Ticker Symbol & Exchange
BRK.A (NYSE)
Revenue (2022)
$302.1B
9.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-125.4%
(2022 vs 2021)
Market Cap*
$734.5B
Net Profit Margin (2022)
XYZ
-123.2%
(2022 vs 2021)
* As of and is in US$
Berkshire Hathaway Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Property and Casualty Insurance: | Rail Transportation of Products and Commodities | Berkshire Hathaway |
| Passenger Automobile Insurance | Generation, Transmission and Distribution of Energy | Richline Jewelry |
| Motor Vehicle Insurance | Wholesale Distribution Services | McLane |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In May, the company acquired 0.4% stake in Diageo for US$41.3 million. |
| 2023 | Acquisitions/Mergers/Takeovers | In May, the company acquired an additional stake in Occidental Petroleum Corp. |
| 2023 | Stake Sale | In May, the company sold its stake in TSMC. |
Competitor Comparison
| Key Parameters | Berkshire Hathaway Inc | The Allstate Corp | State Farm Mutual Automobile Insurance Co | The Progressive Corp | USAA |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Omaha | Northbrook | Bloomington | Mayfield Village | San Antonio |
| State/Province | Nebraska | Illinois | Illinois | Ohio | Texas |
| No. of Employees | 383,000 | 54,000 | 53,000 | 55,100 | 37,000 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Warren E. Buffett | Chief Executive Officer; Chairman | Executive Board | 1970 | 92 |
| Charles T. Munger | Vice Chairman | Executive Board | 1978 | 99 |
| Gregory E. Abel | Vice Chairman - Non-Insurance Operations; Director | Executive Board | 2018 | 60 |
| Ajit Jain | Vice Chairman - Insurance Operations; Director | Executive Board | 2018 | 71 |
| Marc D. Hamburg | Senior Vice President; Chief Financial Officer | Senior Management | 1992 | 73 |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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