BRIEF-Berkshire Hathaway Says Q4 2024 Operating Earnings $14.527 Billion, Up From $8.481 Billion In Q4 2023

Reuters
22 Feb
BRIEF-Berkshire Hathaway Says Q4 2024 Operating Earnings $14.527 Billion, Up From $8.481 Billion In Q4 2023

Feb 22 (Reuters) - Berkshire Hathaway Inc BRKA.N:

  • BERKSHIRE HATHAWAY Q4 OPERATING INCOME USD 14,527 MILLION

  • Q4 2024 OPERATING EARNINGS $14.527 BILLION, UP FROM $8.481 BILLION IN Q4 2023

  • FULL YEAR 2024 OPERATING EARNINGS $47.437 BILLION, UP FROM $37.350 BILLION IN 2023

  • – Q4 NET EARNINGS ATTRIBUTABLE TO BERKSHIRE SHAREHOLDERS $19,694 MILLION VERSUS YEAR-EARLIER $37,574 MILLION

  • Q4 2024 NET EARNINGS PER CLASS A SHARE $13,695, DOWN FROM $26,043 IN Q4 2023

  • – Q4 NET GAIN FROM INVESTMENTS $5,167 MILLION VERSUS YEAR-EARLIER $29,093 MILLION

  • INSURANCE FLOAT AT DEC 31, 2024 APPROXIMATELY $171 BILLION, UP $2 BILLION SINCE YEAREND 2023

  • FULL YEAR 2024 NET EARNINGS $88.995 BILLION, DOWN FROM $96.223 BILLION IN 2023

  • Q4 EARNINGS PER SHARE VIEW $6868.24 -- LSEG IBES DATA

  • REPURCHASED APPROXIMATELY $2.9 BILLION IN SHARES DURING 2024

  • – ON DECEMBER 31, 2024 THERE WERE 1,438,223 CLASS A EQUIVALENT SHARES OUTSTANDING

  • BERKSHIRE HATHAWAY - 71% OF AGGREGATE FAIR VALUE OF ITS EQUITY INVESTMENTS CONCENTRATED IN AMERICAN EXPRESS, APPLE, BANK OF AMERICA, CHEVRON AND COCA -COLA AS OF DECEMBER 31

  • BERKSHIRE HATHAWAY - AS OF DECEMBER 31, 2024, OWNED 151.6 MILLION SHARES OF AMERICAN EXPRESS COMMON STOCK REPRESENTING 21.6% OF OUTSTANDING COMMON STOCK OF AMERICAN EXPRESS

  • BERKSHIRE HATHAWAY - PRELIMINARILY ESTIMATE OUR INSURANCE GROUP COULD INCUR PRE-TAX LOSSES OF APPROXIMATELY $1.3 BILLION FROM WILDFIRES

  • BERKSHIRE HATHAWAY- 2024 EARNINGS INCREASE REFLECTED LOWER ESTIMATED WILDFIRE LOSS ACCRUALS AT PACIFICORP & HIGHER EARNINGS FROM NATURAL GAS PIPELINES

  • BERKSHIRE HATHAWAY – PACIFICORP UNIT’S CUMULATIVE CHARGES FOR PROBABLE WILDFIRE LOSSES, BEFORE EXPECTED INSURANCE RECOVERIES, WERE APPROX $2.75 BILLION THROUGH DECEMBER 31, 2024

  • BERKSHIRE HATHAWAY - INTERNATIONAL TRADE POLICIES IN U.S. & ELSEWHERE INCLUDING TARIFFS & OTHER BARRIERS COULD NEGATIVELY IMPACT OUR OPERATING RESULTS

Source text: PLX1248DD

Further company coverage: BRKA.N

((Reuters.Briefs@thomsonreuters.com;))

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