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Sep 30, 2024
Berkshire Hathaway Q3 2024 Earnings Report
Berkshire Hathaway's Q3 2024 results reflected a significant increase in net earnings, driven by investment gains, while operating earnings experienced a slight decrease compared to the previous year.
Key Takeaways
Berkshire Hathaway reported a net earnings increase driven by investment gains, while operating earnings saw a slight decrease. The company's insurance float increased, and it continued to repurchase shares.
Net earnings attributable to Berkshire shareholders were $26.251 billion, compared to a loss of $12.767 billion in the same quarter last year.
Operating earnings were $10.090 billion, slightly lower than the $10.761 billion reported in the third quarter of 2023.
Investment gains were $16.161 billion, a significant turnaround from the $23.528 billion loss in the prior year's quarter.
Insurance float increased to approximately $174 billion, up $5 billion from year-end 2023.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
This press release contains forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially from those forecasted.
Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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