NYSE: BRK.BBerkshire Hathaway Inc Statistics & Facts
Key Berkshire Hathaway facts
- Founded
- 1839
- Headquarters
- Omaha, Nebraska
- Founders
- Oliver Chace
- IPO Date
- unknown
Berkshire Hathaway Major Acquisitions: The Biggest Companies Owned by Warren Buffet
Berkshire Hathaway acquired aircraft and industrial parts manufacturer Precision Castparts for $32.3 billion in 2015. [2]
Date: Aug 10, 2015
Berkshire Hathaway acquired railroad company Burlington Northern Santa Fe (BNSF) for $26.4 billion in 2010. [3]
Date: Feb 12, 2010
Berkshire Hathaway acquired General Re for $22 billion in 1998. [4]
Date: Jun 19, 1998
Berkshire Hathaway acquired lubricant company Lubrizol for $9 billion in 2011. [5]
Date: Mar 14, 2011
Berkshire Hathaway acquired natural gas and electric company NV Energy for $5.6 billion in 2013. [6]
Date: May 29, 2013
Berkshire Hathaway acquired electric power company PacifiCorp for $5.1 billion in 2005. [7]
Date: May 24, 2005
Berkshire Hathaway acquired Duracell from Proctor & Gamble in 2014. In the deal, Berkshire Hathaway sold back the £3 billion (about $4.7 billion) in shares that it owned in P&G. [8]
Date: Nov 13, 2014
Berkshire Hathaway bought 60% stake in manufacturing and services company Marmon Group for $4.5 billion in 2007. [9]
Date: Dec 26, 2007
Berkshire Hathaway Energy acquired Canadian energy company AltaLink for C$ 3.1 billion (about US$2.7 billion) in 2014. [10]
Date: Dec 1, 2014
Berkshire Hathaway acquired GEICO for $2.3 billion in 1996. [11]
Date: Aug 26, 1996
Berkshire Hathaway acquired construction company Johns Manville for $1.96 billion in 2001. [12]
Date: Dec 21, 2000
Berkshire Hathaway acquired manufactured-housing company Clayton Homes for $1.7 billion in 2003. [13]
Date: Apr 2, 2003
Berkshire Hathaway acquired wholesale distribution company McLane from Walmart for $1.5 billion in 2003. [14]
Date: Jul 19, 2014
Berkshire Hathaway acquired paint company Benjamin Moore & Co. for $1 billion in cash in 2000. [15]
Date: Nov 9, 2000
Berkshire Hathaway acquired energy company Northern Natural Gas for $928 million in 2002. [16]
Date: Jul 30, 2002
Berkshire Hathaway acquired clothing company Fruit of the Loom for $835 million in 2001. [17]
Date: Nov 2, 2001
Berkshire Hathaway acquired business service company NetJets for $725 million in 1998. [18]
Date: Jul 23, 1998
Berkshire Hathaway acquired Justin Industries, the parent company of Acme Brick Co., for nearly $600 million in 2000. [19]
Date: Jun 20, 2000
Berkshire Hathaway acquired clothing company Russell for about $600 million in 2006. [20]
Date: Apr 19, 2006
Berkshire Hathaway acquired clothing company Justin Brands for about $600 million in 2000. [21]
Date: Jun 20, 2000
Berkshire Hathaway acquired Dairy Queen for $585 million in cash and stock in 1997. [22]
Date: Oct 22, 1997
Berkshire Hathaway acquired energy company Kern River for $450 million in 2002. [23]
Date: Aug 1, 2002
Berkshire Hathaway acquired rental furniture company Cort for $384 million in 2000. [24]
Date: Jan 15, 2000
Berkshire Hathaway, through its furniture rental subsidiary Cort, acquired British furniture rental company Roomservice Group in 2008. [25]
Date: Jan 14, 2008
Berkshire Hathaway bought the Omaha World-Herald for $150 million in 2011 then sold it to Lee Enterprises for $140 million in 2020. [26]
Date: Jan 29, 2020
Berkshire Hathaway Revenue Breakdown
Berkshire Hathaway Revenue by Source
How is Berkshire Hathaway so profitable?
Source:Berkshire Hathaway
Insurance premiums
$83.40B
Sales and services
$155.69B
Leasing
$8.42B
Railroad, utilities and energy
$101.42B
Interest, dividends and other
$15.56B
Warren Buffet's Berkshire Hathaway made $83.403 billion from insurance premiums in 2023, up from $74.576 billion in 2022. [1]
Date: Feb 26, 2024
Berkshire Hathaway Revenue by Business Segment
What is Berkshire Hathaway's biggest business segment?
Source:Berkshire Hathaway
Insurance
$95.02B
BNSF Railway Company
$23.88B
Berkshire Hathaway Energy
$26.01B
Manufacturing
$75.41B
McLane Company
$52.61B
Service and retailing
$40.00B
Berkshire Hathaway Insurance Revenue Breakdown
How is GEICO doing financially?
Source:Berkshire Hathaway
GEICO
$39.26B
Berkshire Hathaway Reinsurance Group
$27.01B
Berkshire Hathaway Primary Group
$17.13B
Insurance underwriting
$83.40B
Investment income
$11.62B
GEICO earned $39.264 billion from insurance premiums in 2023, up from $38.984 billion in 2022. [1]
Date: Feb 26, 2024
Berkshire Hathaway Railroad, Utilities and Energy Revenue Breakdown
How much does Berkshire Hathaway earn from its railroad business?
Warren Buffet's Berkshire Hathaway made $23.791 billion from freight rail transport in 2023, down from $25.802 billion in 2022. [1]
Date: Feb 26, 2024
Berkshire Hathaway Expense Statistics
Berkshire Hathaway Total Expenses
How much does Berkshire Hathaway spend on operations every year?
Berkshire Hathaway's operating expenses in 2023 amounted to $321.144 billion, up from $266.484 billion in 2022. [1]
Date: Feb 26, 2024
Berkshire Hathaway Expenses by Segment
Breaking down Berkshire Hathaway's costs and expenses by major operating segment.
Berkshire Hathaway spent $228.955 billion to run its insurance business in 2023, up from $225.157 billion in 2022. [1]
Date: Feb 26, 2024
Berkshire Hathaway Employee Statistics
Berkshire Hathaway Employees
How many employees does Berkshire Hathaway have?
Berkshire Hathaway Employees by Segment
Berkshire Hathaway stats breaking down the company's workforce by segment/division.
Source:Berkshire Hathaway
Insurance and reinsurance
43,000
BNSF Railway
37,000
Berkshire Hathaway Energy
24,000
Manufacturing
184,000
Service
55,000
Retail
26,000
43,000 of the 396,500 people employed by Berkshire Hathaway at the end of 2023 worked in insurance and reinsurance. [1]
Date: Feb 26, 2024
Berkshire Hathaway Employees by Location
What share of Berkshire Hathaway's employees are in the US?
80% of Berkshire Hathaway's emplyoees are based in the US. [1]
Date: Feb 26, 2024
Sources
1.
Berkshire Hathaway 2023 Annual Report
https://www.berkshirehathaway.com/2023ar/202310-k.pdfDate: Feb 26, 2024
2.
Reuters
https://www.reuters.com/article/us-precision-cast-m-a-berkshire-hatha-idUSKCN0QD0LD20150810Date: Aug 10, 2015
3.
4.
5.
Reuters
https://www.reuters.com/article/us-berkshire-lubrizol-idUSTRE72D2SZ20110314Date: Mar 14, 2011
6.
USA TODAY
https://www.usatoday.com/story/money/business/2013/05/29/buffetts-berkshire-buying-nv-energy-for-56b/2370761/Date: May 29, 2013
7.
8.
9.
10.
11.
The New York Times
https://www.nytimes.com/1995/08/26/business/buffett-moves-to-acquire-all-of-geico.htmlDate: Aug 26, 1996
12.
13.
Bloomberg
https://www.bloomberg.com/news/articles/2003-04-01/berkshire-hathaway-agrees-to-acquire-clayton-homesDate: Apr 2, 2003
14.
The Motley Fool
https://www.fool.com/investing/general/2014/07/19/why-walmart-paid-warren-buffett-13-billion-last-ye.aspxDate: Jul 19, 2014
15.
Los Angeles Times
https://www.latimes.com/archives/la-xpm-2000-nov-09-fi-49240-story.htmlDate: Nov 9, 2000
16.
Chicago Tribune
https://www.chicagotribune.com/news/ct-xpm-2002-07-30-0207300200-story.htmlDate: Jul 30, 2002
17.
Chicago Tribune
https://www.chicagotribune.com/news/ct-xpm-2001-11-02-0111020308-story.htmlDate: Nov 2, 2001
18.
19.
20.
21.
22.
Los Angeles Times
https://www.latimes.com/archives/la-xpm-1997-oct-22-fi-45317-story.htmlDate: Oct 22, 1997
23.
24.
The New York Times
https://www.nytimes.com/2000/01/15/business/company-news-berkshire-hathaway-unit-to-acquire-furniture-concern.htmlDate: Jan 15, 2000
25.
26.
Omaha World-Herald
https://omaha.com/news/local/buffett-sells-world-herald-other-newspapers-to-lee-enterprises/article_422d7b68-8bf2-5936-a1e6-352bbce16dd9.htmlDate: Jan 29, 2020
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