Berkshire Hathaway Company Profile >Global 500 > # 14

Berkshire Hathaway

RANK

Shares of Berkshire Hathaway, the conglomerate headed by nonagenarian investing legend Warren Buffett, rose by leaps and bounds in 2021, returning 23.2% and rebounding from the COVID-related recession better than analysts had expected. Buffett credited the company’s results to factors including its insurance business, its stake in Apple, the performance of its BNSF railroad, and its energy operations. Berkshire’s P&C reinsurance business also grew last year, with premiums increasing by more than 6.4%, to $14.15 billion. The conglomerate made headlines after purchasing 14.7 million shares (a $1 billion stake) in controversial video game company Activision Blizzard at the end of 2021; Berkshire subsequently added more to its stake after Microsoft announced its intention to acquire the gamemaker.

Attendees walk past a cardboard cutout of Warren Buffet, chairman and chief executive officer of Berkshire Hathaway Inc., during a shareholders shopping day.

Dan Brouillette—Bloomberg/Getty Images

Company Information

As of 2/1/2023

Country

U.S.

Headquarters

Omaha

Industry

Insurance: Property and Casualty

CEO

Warren E. Buffett

Website

www.berkshirehathaway.com

Company Type

Public

Ticker

BRKA

Revenues ($M)

$295,722

Profits ($M)

$-1,337

Market Value ($M)

$683,741

Employees

372,000

Figures are for the latest twelve months ended Sept. 30, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.

Key Financials (Last Fiscal Year)
As of 8/3/2022

($ Millions)

% change

Revenues ($M)

$276,094

12.5%

Profits ($M)

$89,795

111.2%

Assets ($M)

$958,784

Total Stockholder Equity ($M)

$506,199

Profit Ratios
As of 8/3/2022

Profit as % of Revenues

32.5%

Profits as % of Assets

9.4%

Profits as % of Stockholder Equity

17.7%