Friday, 31 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Economy > Berkshire Hathaway (BRK.A) earnings Q4 2024
Economy

Berkshire Hathaway (BRK.A) earnings Q4 2024

Last updated: February 24, 2025 4:38 am
Share
Berkshire Hathaway (BRK.A) earnings Q4 2024
SHARE

Berkshire Hathaway, led by legendary investor Warren Buffett, recently released its fourth-quarter earnings report, showcasing impressive growth in its operating businesses, particularly in the insurance sector. The conglomerate reported a staggering 71% increase in operating profit to $14.527 billion for the final quarter of 2024. This surge was mainly driven by a remarkable 302% jump in insurance underwriting to $3.409 billion, along with a nearly 50% increase in insurance investment income to $4.088 billion.

Overall, Berkshire Hathaway’s operating earnings for the full year also saw a substantial 27% increase, reaching $47.437 billion. Buffett attributed the strong performance to a significant gain in investment income due to improved Treasury Bill yields and increased holdings in short-term securities. He also highlighted the outstanding earnings growth in the insurance business, particularly citing the exceptional performance of GEICO.

However, Berkshire Hathaway did acknowledge potential challenges ahead, noting that the wildfires in Southern California would likely result in an estimated pre-tax loss of about $1.3 billion for its insurance operations.

One of the standout figures from the earnings report was Berkshire’s cash holdings, which reached a record high of $334.2 billion by the end of 2024, up from $325.2 billion in the previous quarter. Despite criticism over the large cash position, Buffett defended the decision, emphasizing that the majority of the company’s assets remain in equities. He assured shareholders that Berkshire would continue to deploy a significant portion of their funds into equities, even as the marketable equity portfolio decreased from $354 billion to $272 billion.

Investment gains for Berkshire slowed significantly in the fourth quarter, dropping to $5.167 billion from $29.093 billion in the same period the year before. The company also reduced its stock investments throughout the year, including selling a portion of its Apple stake. Despite the decrease in investment gains, Berkshire’s total earnings for the quarter totaled $19.694 billion, a 47% decline from the previous year. For the full year, the company reported a bottom line of $88.995 billion, down 7.5% from the previous year’s total of $96.223 billion.

See also  Home Depot stock rises despite earnings miss as it navigates Trump's tariffs

Overall, Berkshire Hathaway’s fourth-quarter earnings report highlighted the company’s resilience and continued focus on long-term value creation, despite facing challenges in the current economic environment. The conglomerate’s solid performance in its operating businesses and strategic investment decisions under Warren Buffett’s leadership position it well for future growth and success.

TAGGED:BerkshireBRK.AEarningsHathaway
Share This Article
Twitter Email Copy Link Print
Previous Article ​​The Science Behind Sea Level Rise: How Past Emissions Will Shape Our Future ​​The Science Behind Sea Level Rise: How Past Emissions Will Shape Our Future
Next Article DOGE’s Edward ‘Big Balls’ Coristine Turns Out to be a Descendant of Soviet KGB Spy Who Betrayed the USSR for America: Report | DOGE’s Edward ‘Big Balls’ Coristine Turns Out to be a Descendant of Soviet KGB Spy Who Betrayed the USSR for America: Report |
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

Inside Utah’s PR campaign to seize public lands

The battle over public lands in Utah has been intensifying, with state officials launching a…

June 29, 2025

NC Senate GOP approves bill named for Charlotte train murder victim Iryna Zarutska that takes aim at cashless bail

The North Carolina Senate Republicans have approved legislation known as Iryna’s Law, named after the…

September 23, 2025

Trump Administration Hands Over Medicaid Recipients’ Personal Data To ICE

Recently, an agreement was uncovered by The Associated Press revealing that Immigration and Customs Enforcement…

July 17, 2025

Lisa Phillips to Depart as Director of New Museum

After an impressive 26-year tenure as the director of the New Museum, Lisa Phillips has…

September 26, 2025

Sha’Carri Richardson faces massive upset, Christian Coleman misses top spot

The 2025 Golden Grand Prix, a World Athletics Continental Tour gold event, took place on…

May 18, 2025

You Might Also Like

Alphabet hikes capex again after earnings beat on strong ad, cloud demand
Economy

Alphabet hikes capex again after earnings beat on strong ad, cloud demand

October 31, 2025
What is a merchant bank?
Economy

What is a merchant bank?

October 30, 2025
Fed Cuts Rates by a Quarter Point, as Expected
Economy

Fed Cuts Rates by a Quarter Point, as Expected

October 30, 2025
Fed’s Standing Repo Facility hits record high as policy meeting outcome looms
Economy

Fed’s Standing Repo Facility hits record high as policy meeting outcome looms

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?