Reported Q: Q4 2023 Rev YoY: +66.6% EPS YoY: +109.9% Move: -1.98%
Berkshire Hathaway Inc
BRK-B
$498.05 -1.98%
Exchange NYSE Sector Financial Services Industry Insurance Diversified
Q4 2023
Published: Feb 26, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for BRK-B

Reported

Report Date

Feb 26, 2024

Quarter Q4 2023

Revenue

130.19B

YoY: +66.6%

EPS

17.36

YoY: +109.9%

Market Move

-1.98%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $130.19B up 66.6% year-over-year
  • EPS of $17.36 increased by 109.9% from previous year
  • Gross margin of 100.0%
  • Net income of 37.57B
  • ""Our operational adjustments and strategic investments are setting the stage for sustainable growth in an ever-changing landscape."" - Warren Buffett
BRK-B
Berkshire Hathaway Inc

Executive Summary

In Q4 2023, Berkshire Hathaway Inc (BRK-B) reported a remarkable revenue increase of 66.56% year-over-year, amounting to $130.19 billion, with a sequential growth of 105.24% compared to Q3. This substantial growth was complemented by a net income of $37.57 billion, reflecting a staggering 106.86% increase year-over-year, driven primarily by robust performance across its diverse insurance and utility segments. Management indicated a stable outlook for future operations while expressing caution regarding potential macroeconomic headwinds. This performance not only underscores the company's resilience in leveraging its investment portfolio but also its operational efficiencies in underwriting and utility sectors, providing a solid foundation for future growth.

Key Performance Indicators

Revenue
Increasing
130.19B
QoQ: 105.24% | YoY: 66.56%
Gross Profit
Increasing
130.19B
1.00% margin
QoQ: 105.24% | YoY: 740.10%
Operating Income
Decreasing
46.94B
QoQ: 376.77% | YoY: -47.91%
Net Income
Increasing
37.57B
QoQ: 394.31% | YoY: 106.86%
EPS
Increasing
17.36
QoQ: 395.24% | YoY: 109.92%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2024 101,468.00 9.13 -22.1% View
Q3 2024 113,509.00 12.18 +79.0% View
Q2 2024 117,510.00 14.08 -6.4% View
Q1 2024 91,745.00 5.88 -23.6% View
Q4 2023 130,190.00 17.36 +66.6% View