Berkshire Hathaway

Global 5002019-Berkshire Hathaway
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc., center left, eats a Dairy Queen vanilla orange ice cream bar while touring the shopping floor ahead of the company's annual meeting in Omaha, Nebraska, U.S., on Saturday, May 4, 2019. Buffett's Berkshire Hathaway agreed earlier this week to make the investment in Occidental to help the oil producer with its $38 billion bid for Anadarko Petroleum Corp. Photographer: Houston Cofield/Bloomberg via Getty ImagesHouston Cofield—Bloomberg via Getty Images
  • Previous Rank
  • Revenues ($M)
  • Revenue Percent Change
  • Profits ($M)
  • Profits Percent Change
  • Assets ($M)
  • Employees

Warren Buffett’s conglomerate slips two spots on the Global 500 this year, as relatively flat revenue growth (2.4%) puts its total sales behind those of Apple, which also happens to be Berkshire’s largest stock holding. New accounting rules have created wild swings in Berkshire’s bottom line that have little to do with its long-term profitability. In addition, there was one serious dent: The company lost billions on its investment in Kraft Heinz, thanks to the ketchup maker’s massive write-down of its namesake cheese and Oscar Mayer deli meats brands. Meanwhile, Buffett handed over more responsibility to two potential successors, Ajit Jain (who now oversees the insurance business) and Gregory Abel (in charge of the rest of operations).

Company Information

CEOWarren E. Buffett
IndustryInsurance: Property and Casualty (Stock)
HQ LocationOmaha
Years on Global 500 List23

Key Financials (Last Fiscal Year)

Revenues ($M)$247,837
Profits ($M)$4,021
Assets ($M)$707,794
Total Stockholder Equity ($M)$348,703

Profit Ratios

Profit as % of Revenues1.6%
Profits as % of Assets0.6%
Profits as % of Stockholder Equity1.2%