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Dec 31, 2024

Berkshire Hathaway Q4 2024 Earnings Report

Expected Revenue:$90.5B
Expected EPS:$6.68K

Key Takeaways

Berkshire Hathaway reported a decrease in net earnings attributable to shareholders for Q4 2024, primarily due to lower investment gains compared to the previous year. However, operating earnings saw a significant increase, driven by strong performance in insurance underwriting and investment income.

Net earnings attributable to Berkshire shareholders decreased to $19.694 billion in Q4 2024 from $37.574 billion in Q4 2023.

Operating earnings increased to $14.527 billion in Q4 2024 from $8.481 billion in Q4 2023.

Insurance-underwriting saw a significant increase, reaching $3.409 billion compared to $848 million in the same quarter last year.

Insurance-investment income increased to $4.088 billion from $2.759 billion year-over-year.

Total Revenue
$94.9B
Previous year: $93.4B
+1.6%
Gross Profit
$26.4B
Previous year: $17.8B
+48.5%
Cash and Equivalents
$334B
Previous year: $168B
+99.4%
Free Cash Flow
-$726M
Previous year: $8.69B
-108.4%
Total Assets
$1.15T
Previous year: $1.07T
+7.8%

Berkshire Hathaway

Berkshire Hathaway

Berkshire Hathaway Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the press release.