Berkshire Financial Statements From 2010 to 2024

BRK-A Stock  USD 613,420  1,755  0.29%   
Berkshire Hathaway financial statements provide useful quarterly and yearly information to potential Berkshire Hathaway investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Berkshire Hathaway financial statements helps investors assess Berkshire Hathaway's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Berkshire Hathaway's valuation are summarized below:
Gross Profit
-28.1 B
Profit Margin
0.264
Market Capitalization
882.6 B
Enterprise Value Revenue
2.189
Revenue
364.5 B
We have found one hundred twenty available fundamental signals for Berkshire Hathaway, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Berkshire Hathaway prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.

Berkshire Hathaway Total Revenue

382.71 Billion

Check Berkshire Hathaway financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Berkshire main balance sheet or income statement drivers, such as Interest Expense of 5.3 B, Total Revenue of 382.7 B or Gross Profit of 103.9 B, as well as many exotic indicators such as Price To Sales Ratio of 3.33, Dividend Yield of 0.0097 or PTB Ratio of 1.67. Berkshire financial statements analysis is a perfect complement when working with Berkshire Hathaway Valuation or Volatility modules.
  
This module can also supplement various Berkshire Hathaway Technical models . Check out the analysis of Berkshire Hathaway Correlation against competitors.

Berkshire Hathaway Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding1.6 M1.4 M1.6 M
Very volatile
Total Assets1.1 T1.1 T681.1 B
Slightly volatile
Short and Long Term Debt Total140.2 B133.6 B92.9 B
Slightly volatile
Total Current Liabilities67.9 B64.6 B11 B
Slightly volatile
Total Stockholder Equity589.3 B561.3 B336.8 B
Slightly volatile
Property Plant And Equipment Net233 B221.9 B152.9 B
Slightly volatile
Net Debt100.3 B95.5 B44.2 B
Slightly volatile
Retained Earnings637.7 B607.4 B310.6 B
Slightly volatile
Cash34 B38 B48.3 B
Pretty Stable
Non Current Assets Total842.3 B802.2 B510.9 B
Slightly volatile
Cash And Short Term Investments176 B167.6 B106.9 B
Slightly volatile
Net Receivables79.7 B75.9 B34.2 B
Slightly volatile
Liabilities And Stockholders Equity1.1 T1.1 T681.1 B
Slightly volatile
Non Current Liabilities Total456.3 B434.6 B170.2 B
Slightly volatile
Total Liabilities524.2 B499.2 B339.2 B
Slightly volatile
Property Plant And Equipment Gross225.8 B215.1 B116.8 B
Slightly volatile
Total Current Assets281.1 B267.7 B144.5 B
Slightly volatile
Good Will50.3 B84.6 B65 B
Slightly volatile
Common Stock Total Equity8.7 M9.2 M8.1 M
Slightly volatile
Short Term Investments136.1 B129.6 B60.3 B
Slightly volatile
Other Current Assets22.7 B13.5 B25.1 B
Slightly volatile
Short Term Debt16 B15.3 B4.4 B
Slightly volatile
Common Stock8.7 M9.2 M8.1 M
Slightly volatile
Intangible Assets27 B29.3 B23.8 B
Slightly volatile
Net Tangible Assets272 B418.3 B245.1 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity10.5 B10 B5.4 B
Slightly volatile
Long Term Debt129.1 B122.9 B42.9 B
Slightly volatile
Retained Earnings Total Equity645.3 B614.6 B322.2 B
Slightly volatile
Long Term Debt Total145.3 B138.4 B45 B
Slightly volatile
Capital Surpluse28.6 B31.7 B35.2 B
Slightly volatile
Long Term Investments563.1 B536.3 B235.5 B
Slightly volatile
Non Current Liabilities Other228.3 B326 B205.6 B
Slightly volatile
Property Plant Equipment171.2 B232.2 B155.3 B
Slightly volatile
Other Liabilities249.5 B338.5 B220.2 B
Slightly volatile
Deferred Long Term Liabilities15.1 B15.7 B12.8 B
Slightly volatile
Short and Long Term Debt5.1 B5.3 B34.6 B
Slightly volatile
Cash And Equivalents51.3 B41.2 B39.1 B
Slightly volatile
Net Invested Capital611.3 B689.5 B510.5 B
Slightly volatile
Capital Stock6.4 M7.2 M7.8 M
Slightly volatile

Berkshire Hathaway Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Total Revenue382.7 B364.5 B227.5 B
Slightly volatile
Gross Profit103.9 B70.9 B167.9 B
Very volatile
Other Operating Expenses332.2 B316.4 B200.5 B
Slightly volatile
Depreciation And Amortization13.1 B12.5 B8.5 B
Slightly volatile
Selling General Administrative5.2 BB6.5 B
Pretty Stable
Selling And Marketing Expenses12.7 B22.6 B15.2 B
Slightly volatile
Cost Of Revenue308.2 B293.5 B127.1 B
Slightly volatile
Interest Income17.3 B14.3 B12 B
Slightly volatile
Reconciled Depreciation11.5 B12.1 B9.9 B
Slightly volatile
Non Recurring8.5 B9.6 B10.5 B
Slightly volatile

Berkshire Hathaway Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow31.3 B29.8 B20.5 B
Slightly volatile
Begin Period Cash Flow30.8 B35.8 B44 B
Slightly volatile
Depreciation13.1 B12.5 B8.5 B
Slightly volatile
Total Cash From Operating Activities51.7 B49.2 B33.7 B
Slightly volatile
End Period Cash Flow32.1 B38 B44.4 B
Pretty Stable
Change To Operating Activities7.4 B7.5 B6.2 B
Slightly volatile
Dividends Paid1.8 B1.9 B4.9 B
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.332.1571.9966
Slightly volatile
Dividend Yield0.00970.01090.0119
Slightly volatile
PTB Ratio1.671.40071.3738
Slightly volatile
Days Sales Outstanding78.7476.048958.8926
Pretty Stable
Book Value Per Share406.8 K387.4 K216 K
Slightly volatile
Free Cash Flow Yield0.03670.03790.0487
Slightly volatile
Invested Capital0.180.23110.2841
Slightly volatile
Operating Cash Flow Per Share35.7 K34 K21.4 K
Slightly volatile
PB Ratio1.671.40071.3738
Slightly volatile
EV To Sales3.362.41922.3682
Very volatile
Free Cash Flow Per Share21.6 K20.6 K13.1 K
Slightly volatile
Inventory Turnover10.5712.150210.0247
Pretty Stable
Days Of Inventory On Hand33.6930.040737.7619
Pretty Stable
Sales General And Administrative To Revenue0.01570.01660.0556
Slightly volatile
Cash Per Share121.5 K115.7 K69.5 K
Slightly volatile
POCF Ratio22.8615.980913.7525
Slightly volatile
Payout Ratio0.130.150.1604
Slightly volatile
PFCF Ratio27.7126.39421.6276
Slightly volatile
EV To Operating Cash Flow22.5717.923114.8714
Slightly volatile
EV To Free Cash Flow31.0829.601723.636
Slightly volatile
Intangibles To Total Assets0.10.10650.1285
Pretty Stable
Current Ratio3.944.142551.8143
Pretty Stable
Tangible Book Value Per Share331.1 K315.3 K163.4 K
Slightly volatile
Receivables Turnover4.954.79957.1938
Pretty Stable
Graham Number798.9 K760.8 K340.8 K
Slightly volatile
Shareholders Equity Per Share406.8 K387.4 K216 K
Slightly volatile
Debt To Equity0.180.23110.2841
Slightly volatile
Revenue Per Share264.1 K251.6 K150.4 K
Slightly volatile
Interest Debt Per Share97.6 K93 K61.2 K
Slightly volatile
Debt To Assets0.080.12120.1352
Slightly volatile
Short Term Coverage Ratios3.063.219413.4802
Slightly volatile
Operating Cycle78.1310683.2236
Slightly volatile
Price Book Value Ratio1.671.40071.3738
Slightly volatile
Dividend Payout Ratio0.130.150.1604
Slightly volatile
Price To Operating Cash Flows Ratio22.8615.980913.7525
Slightly volatile
Price To Free Cash Flows Ratio27.7126.39421.6276
Slightly volatile
Company Equity Multiplier1.71.90632.0573
Slightly volatile
Long Term Debt To Capitalization0.140.16930.2139
Slightly volatile
Total Debt To Capitalization0.140.18770.219
Slightly volatile
Debt Equity Ratio0.180.23110.2841
Slightly volatile
Quick Ratio3.583.768853.1459
Slightly volatile
Net Income Per E B T0.540.80080.7761
Pretty Stable
Cash Ratio0.560.588323.7069
Slightly volatile
Cash Conversion Cycle67.6344.723771.1068
Slightly volatile
Operating Cash Flow Sales Ratio0.180.1350.1607
Slightly volatile
Days Of Inventory Outstanding33.6930.040737.7619
Pretty Stable
Days Of Sales Outstanding78.7476.048958.8926
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.720.60550.6208
Pretty Stable
Cash Flow Coverage Ratios0.560.37930.3802
Pretty Stable
Price To Book Ratio1.671.40071.3738
Slightly volatile
Fixed Asset Turnover1.561.64281.9227
Slightly volatile
Price Cash Flow Ratio22.8615.980913.7525
Slightly volatile
Debt Ratio0.080.12120.1352
Slightly volatile
Cash Flow To Debt Ratio0.560.37930.3802
Pretty Stable
Price Sales Ratio3.332.1571.9966
Slightly volatile
Asset Turnover0.240.34060.3313
Very volatile
Gross Profit Margin0.390.19460.3705
Pretty Stable
Price Fair Value1.671.40071.3738
Slightly volatile

Berkshire Hathaway Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap629 B707.6 B770.5 B
Slightly volatile
Enterprise Value705.4 B793.6 B864.1 B
Slightly volatile

Berkshire Fundamental Market Drivers

Forward Price Earnings17.9856
Cash And Short Term Investments167.6 B

About Berkshire Hathaway Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Berkshire Hathaway income statement, its balance sheet, and the statement of cash flows. Berkshire Hathaway investors use historical funamental indicators, such as Berkshire Hathaway's revenue or net income, to determine how well the company is positioned to perform in the future. Although Berkshire Hathaway investors may use each financial statement separately, they are all related. The changes in Berkshire Hathaway's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Berkshire Hathaway's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Berkshire Hathaway Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Berkshire Hathaway. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue8.3 B8.7 B
Total Revenue364.5 B382.7 B
Cost Of Revenue293.5 B308.2 B
Stock Based Compensation To Revenue 0.00  0.00 
Sales General And Administrative To Revenue 0.02  0.02 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.05)(0.06)
Revenue Per Share251.6 K264.1 K
Ebit Per Revenue 0.13  0.07 

Pair Trading with Berkshire Hathaway

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berkshire Hathaway position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berkshire Hathaway will appreciate offsetting losses from the drop in the long position's value.

Moving together with Berkshire Stock

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The ability to find closely correlated positions to Berkshire Hathaway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hathaway when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berkshire Hathaway - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berkshire Hathaway to buy it.
The correlation of Berkshire Hathaway is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berkshire Hathaway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hathaway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Berkshire Hathaway can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out the analysis of Berkshire Hathaway Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Berkshire Hathaway's price analysis, check to measure Berkshire Hathaway's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berkshire Hathaway is operating at the current time. Most of Berkshire Hathaway's value examination focuses on studying past and present price action to predict the probability of Berkshire Hathaway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hathaway's price. Additionally, you may evaluate how the addition of Berkshire Hathaway to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Berkshire Hathaway's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hathaway is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hathaway's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.