earnings
confidence high
sentiment negative
materiality 0.85
Berkshire Hathaway full-year 2022 net loss $22.8B; operating earnings rise to $30.8B
BERKSHIRE HATHAWAY INC
- Net loss attributable to shareholders of $22.8B for 2022 vs profit of $89.8B in 2021; Q4 net earnings $18.2B.
- Operating earnings for 2022 were $30.8B, up from $27.5B in 2021; Q4 operating earnings $6.7B vs $7.3B.
- Investment and derivative losses of $53.6B for 2022, driven by unrealized losses on equity holdings; Q4 gains of $11.5B.
- Share repurchases totaled $7.9B in 2022, including $2.6B in Q4.
- Insurance float reached $164B at year-end, up $17B including $14B from Alleghany acquisition.