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Berkshire Hathaway reported earnings Q4 FY2024 results ended on Dec 31, 2024

$BRK.B (-0,13%)


- Operating earnings: $14.53B in Q4, +71.3% YoY

- Net earnings: $19.69B in Q4, -47.6% YoY

- Insurance float increased to $171B, up $2B from 2023


🌱Revenue & Growth

- Insurance-underwriting: $3.41B vs $848M in Q4 2023, +302% YoY

- Insurance-investment income: $4.09B vs $2.76B in Q4 2023, +48.2% YoY

- BNSF railroad: $1.28B vs $1.36B in Q4 2023, -5.7% YoY

- Berkshire Hathaway Energy: $729M vs $632M in Q4 2023, +15.3% YoY


💰Profits & Financials

- Q4 investment gains: $5.17B vs $29.09B in Q4 2023

- Full year operating earnings: $47.44B vs $37.35B in 2023, +27% YoY

- Class A shares outstanding: 1,438,223 as of Dec 31, 2024

- Share repurchases: $2.9B during 2024


📌Business Highlights

- Foreign currency gains: $1.2B in Q4 2024 vs losses of $684M in Q4 2023

- Other controlled businesses stable at $3.26B vs $3.27B in Q4 2023

- Non-controlled businesses improved to $695M vs $421M in Q4 2023


🔮Future Outlook

- Continues focus on diverse business activities including insurance, utilities, energy, freight rail, manufacturing, services and retailing

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