← BERKSHIRE HATHAWAY INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net earnings | $24.4b |
$45.4b
+85.67%
|
$4.3b
-90.47%
|
$81.8b
+1792.46%
|
$43.3b
-47.12%
|
$90.8b
+109.94%
|
($22.1b)
-124.29%
|
$97.1b
+540.42%
|
$89.6b
-7.81%
|
$67.3b
-24.90%
|
— | |
| Net Income (Loss) Attributable to Parent | $24.1b |
$44.9b
+86.67%
|
$4.0b
-91.05%
|
$81.4b
+1924.79%
|
$42.5b
-47.77%
|
$89.8b
+111.18%
|
($22.8b)
-125.41%
|
$96.2b
+521.68%
|
$89.0b
-7.51%
|
$67.0b
-24.75%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $353.0m | $413.0m | $301.0m | $375.0m | $732.0m | $1.0b | $761.0m | $924.0m | $566.0m | $292.0m | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $24.4b | $45.4b | $4.3b | $81.8b | $43.3b | $90.8b | ($22.1b) | $97.1b | $89.6b | $67.3b | — | |
| Amortization of Intangible Assets | $1.5b | $1.5b | $1.4b | $1.3b | $1.3b | $1.3b | $1.2b | $1.8b | $1.8b | $1.7b | — | |
| Depreciation | $7.4b | $7.7b | $7.3b | $7.6b | $8.1b | $8.3b | $8.5b | $12.5b | $12.9b | $13.5b | $11.3b | |
| Depreciation, Depletion and Amortization | $8.9b | $9.2b | $9.8b | $10.1b | $10.6b | $10.7b | $10.9b | $12.5b | $12.9b | $13.5b | $14.0b | |
| Deferred Income Tax Expense (Benefit) | $2.7b | ($24.8b) | ($5.5b) | $15.1b | $7.4b | $15.6b | ($13.3b) | $15.4b | ($9.6b) | $1.9b | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | — | — | — | $10.7b | — | |
| Goodwill, Impairment Loss | — | — | — | — | $10.0b | — | — | — | — | — | $10.7b | |
| Income (Loss) from Equity Method Investments | $923.0m | $2.9b | ($2.2b) | $1.2b | $726.0m | $995.0m | $1.9b | $2.0b | $1.8b | ($9.6b) | — | |
| Nonoperating Income (Expense) | — | — | ($22.5b) | $72.6b | $40.7b | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Receivables and originated loans | ($3.3b) | ($2.0b) | ($3.4b) | ($2.3b) | ($1.6b) | ($5.8b) | ($5.6b) | ($1.9b) | $626.0m | ($2.4b) | — | |
| Increase (Decrease) in Inventories | — | — | — | — | — | — | $4.8b | ($1.4b) | ($591.0m) | — | — | |
| Unearned insurance premiums | $968.0m | $1.8b | $1.8b | $1.7b | $1.6b | $2.3b | $1.9b | $1.9b | $376.0m | $432.0m | — | |
| Increase (Decrease) in Other Operating Assets | — | — | $1.8b | $2.0b | $1.1b | $1.7b | $373.0m | $1.3b | $797.0m | $861.0m | — | |
| Other | ($419.0m) | ($3.7b) | ($71.0m) | ($1.5b) | ($3.6b) | $297.0m | $239.0m | $685.0m | ($195.0m) | $1.2b | — | |
| Other assets | ($373.0m) | ($1.7b) | ($1.8b) | ($2.0b) | ($1.1b) | ($1.7b) | ($373.0m) | ($1.3b) | ($797.0m) | ($861.0m) | — | |
| Other liabilities | $1.7b | $1.2b | $2.0b | $190.0m | $3.4b | $2.4b | $2.0b | $2.6b | ($2.3b) | $429.0m | — | |
| Restricted cash, included in other assets at end of year | $595.0m | $629.0m | $450.0m | $457.0m | $406.0m | $522.0m | $588.0m | $621.0m | $647.0m | $692.0m | — | |
| Net Cash Provided by (Used in) Operating Activities | $32.5b |
$45.8b
+40.70%
|
$37.4b
-18.30%
|
$38.7b
+3.44%
|
$39.8b
+2.81%
|
$39.4b
-0.89%
|
$37.2b
-5.57%
|
$49.2b
+32.16%
|
$30.6b
-37.82%
|
$46.0b
+50.26%
|
$46.6b
+1.45%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $13.0b | $11.7b | $14.5b | $16.0b | $13.0b | $13.3b | $15.5b | $19.4b | $19.0b | $20.9b | ($22.4b) | |
| Discount accretion on investments, principally U.S. Treasury Bills | — | — | — | — | — | — | ($1.1b) | ($5.5b) | ($11.3b) | ($12.0b) | — | |
| Gain (Loss) on Investments | $7.6b | $1.4b | ($22.2b) | $71.1b | $40.9b | $77.6b | ($67.6b) | $74.9b | $52.8b | $39.1b | ($2.1b) | |
| Acquisitions of businesses, net of cash acquired | ($31.4b) | ($2.7b) | ($3.3b) | ($1.7b) | ($2.5b) | ($456.0m) | ($10.6b) | ($8.6b) | ($396.0m) | ($1.1b) | — | |
| Acquisitions of treasury stock | — | — | ($1.3b) | ($4.8b) | ($24.7b) | ($27.1b) | ($7.9b) | ($9.2b) | ($2.9b) | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $31.4b | $2.7b | $3.3b | $1.7b | $2.5b | $456.0m | $10.6b | $8.6b | $396.0m | $1.1b | ($10.7b) | |
| Payments for (Proceeds from) Other Investing Activities | $419.0m | $3.7b | $71.0m | $1.5b | $3.6b | ($297.0m) | ($239.0m) | ($685.0m) | $195.0m | ($1.2b) | — | |
| Net cash flows from investing activities | ($84.3b) | ($41.1b) | ($32.8b) | ($5.6b) | ($37.8b) | $29.4b | ($87.6b) | ($32.7b) | ($10.3b) | ($44.5b) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($84.3b) | ($41.1b) | ($32.8b) | ($5.6b) | ($37.8b) | $29.4b | ($87.6b) | ($32.7b) | ($10.3b) | ($44.5b) | ($106.1b) | |
| Cash flows from financing activities: | ||||||||||||
| Changes in short term borrowings, net | $130.0m | $2.1b | ($1.9b) | $266.0m | ($1.1b) | ($624.0m) | ($596.0m) | $2.4b | ($3.1b) | $878.0m | — | |
| Proceeds from borrowings | $17.2b | $5.7b | $9.4b | $13.5b | $14.4b | $6.9b | $12.7b | $7.8b | $13.2b | $9.2b | — | |
| Repayments of borrowings | ($4.7b) | ($9.0b) | ($11.6b) | ($7.7b) | ($6.5b) | ($7.0b) | ($3.9b) | ($11.3b) | ($11.9b) | ($7.0b) | — | |
| Payments for Repurchase of Common Stock | — | — | $1.3b | $4.8b | $24.7b | $27.1b | $7.9b | $9.2b | $2.9b | — | — | |
| Proceeds from (Payments for) Other Financing Activities | — | ($121.0m) | ($343.0m) | ($497.0m) | ($429.0m) | ($695.0m) | ($2.0b) | ($4.1b) | ($5.6b) | ($793.0m) | — | |
| Net cash flows from financing activities | $12.8b |
($1.4b)
-110.93%
|
($5.8b)
-315.74%
|
$730.0m
+112.56%
|
($18.3b)
-2612.88%
|
($28.5b)
-55.41%
|
($1.7b)
+94.17%
|
($14.4b)
-766.73%
|
($10.4b)
+28.08%
|
$2.2b
+121.55%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $12.8b |
($1.4b)
-110.93%
|
($5.8b)
-315.74%
|
$730.0m
+112.56%
|
($18.3b)
-2612.88%
|
($28.5b)
-55.41%
|
($1.7b)
+94.17%
|
($14.4b)
-766.73%
|
($10.4b)
+28.08%
|
$2.2b
+121.55%
|
($763.0m)
-134.17%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $3.6b | ($1.4b) | $33.8b | ($16.2b) | $40.3b | ($52.3b) | $2.2b | $9.7b | $4.2b | $41.0b | |
| Cash and cash equivalents and restricted cash at the beginning of the year | $28.6b | $32.2b | $30.8b | $64.6b | $48.4b | $88.7b | $36.4b | $38.6b | $48.4b | $52.6b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($39.0b) | $3.6b | $30.8b | $64.6b | $48.4b | $88.7b | $36.4b | $38.6b | $48.4b | $52.6b | $41.0b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | ($140.0m) | $25.0m | $92.0m | $5.0m | ($268.0m) | $116.0m | ($212.0m) | $478.0m | $349.0m | |
| Increase in cash and cash equivalents and restricted cash | ($39.0b) | $3.6b | ($1.4b) | $33.8b | ($16.2b) | $40.3b | ($52.3b) | $2.2b | $9.7b | $4.2b | — | |
| Effects of foreign currency exchange rate changes | ($172.0m) | $248.0m | ($140.0m) | $25.0m | $92.0m | $5.0m | ($268.0m) | $116.0m | ($212.0m) | $478.0m | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Cash and cash equivalents at the end of the year | $28.0b | $31.6b | $30.4b | $64.2b | $48.0b | $88.2b | $35.8b | $38.0b | $47.7b | $51.9b | — | |
| Deferred charges - retroactive reinsurance | — | — | — | $357.0m | $1.3b | $1.8b | $769.0m | $375.0m | $698.0m | $693.0m | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | $71.2b | $40.9b | $77.4b | ($67.0b) | $71.8b | $52.8b | $40.0b | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $291.0m | $1.6b | ($14.0b) | $997.0m | ($3.9b) | $2.7b | $3.5b | ($18.0m) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | ($22.7b) | $69.6b | $55.0b | $76.4b | ($63.1b) | $69.1b | $49.3b | $40.0b | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $177.0m | $88.0m | $124.0m | $169.0m | $298.0m | $385.0m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | $2.1b | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | ($300.0m) | $1.5b | — | $966.0m | ($276.0m) | — | — | — | — | |
| Goodwill | $79.5b | $81.3b | $81.0b | $81.9b | $73.7b | $73.9b | $78.1b | $84.6b | $83.9b | $83.1b | $10.7b | |
| Income Tax Expense (Benefit) | $9.2b | ($21.5b) | ($321.0m) | $20.9b | $12.4b | $20.9b | ($8.5b) | $23.0b | $20.8b | $15.2b | — | |
| Income Taxes Paid, Net | $4.7b | $3.3b | $4.4b | $5.4b | $5.0b | $5.4b | $4.2b | $7.8b | $28.5b | $14.0b | — | |
| Income taxes | $4.0b | ($25.0b) | ($5.0b) | $15.2b | $7.2b | $15.3b | ($12.9b) | $14.9b | ($8.2b) | $1.0b | — | |
| Investment (gains) losses | ($7.6b) | ($1.4b) | $22.2b | ($71.1b) | ($40.9b) | ($77.6b) | $67.6b | ($74.9b) | ($52.8b) | ($39.1b) | — | |
| Operating Lease, Lease Income | — | — | — | — | $5.2b | $6.0b | $7.5b | $8.4b | $9.2b | $10.0b | — | |
| Other, principally transactions with noncontrolling interests | $112.0m | ($121.0m) | ($343.0m) | ($497.0m) | ($429.0m) | ($695.0m) | ($2.0b) | ($4.1b) | ($5.6b) | ($793.0m) | — | |
| Purchases of U.S. Treasury Bills and fixed maturity securities | ($96.6b) | ($158.5b) | ($141.8b) | ($136.1b) | ($208.4b) | ($152.6b) | ($183.9b) | ($235.0b) | ($526.8b) | ($586.1b) | — | |
| Purchases of equity securities | ($16.5b) | ($20.3b) | ($43.2b) | ($18.6b) | ($30.2b) | ($8.4b) | ($67.9b) | ($16.5b) | ($9.2b) | ($16.9b) | — | |
| Redemptions and maturities of U.S. Treasury Bills and fixed maturity securities | $26.2b | $86.7b | $113.0b | $137.8b | $149.7b | $160.4b | $66.3b | $153.2b | $353.5b | $504.0b | — | |
| Sales of U.S. Treasury Bills and fixed maturity securities | $18.8b | $49.3b | $39.7b | $15.9b | $31.9b | $27.2b | $90.1b | $52.3b | $48.5b | $44.8b | — | |
| Sales of equity securities | — | — | $18.8b | $14.3b | $38.8b | $15.8b | $33.7b | $40.6b | $143.4b | $30.7b | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Unpaid losses and loss adjustment expenses | $4.4b | $25.0b | $3.4b | $6.1b | $4.8b | $4.6b | $4.1b | $2.6b | $2.2b | $3.1b | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.