earnings
confidence high
sentiment positive
materiality 0.85
Berkshire Q4 operating earnings surge 71% to $14.5B; FY operating earnings $47.4B
BERKSHIRE HATHAWAY INC
- Q4 operating earnings $14.5B vs $8.5B YoY; insurance-underwriting contributed $3.4B (up from $0.8B).
- FY2024 operating earnings $47.4B vs $37.4B; insurance-investment income rose to $13.7B.
- Net earnings (incl. investment gains/losses) $89.0B vs $96.2B; per Class A share $61,900 vs $66,412.
- Berkshire repurchased $2.9B of stock in 2024; insurance float at $171B (+$2B).
- Company cautions that GAAP net earnings figures are usually meaningless due to unrealized gains/losses.