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Did Berkshire Hathaway report a great 2022 result?

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JP_mykayaplus wrote a column · Feb 27, 2023 07:43
$Berkshire Hathaway-A(BRK.A.US)$ $Berkshire Hathaway-B(BRK.B.US)$, the listed company helmed by Warren Buffett and Charlie Munger released its FY 2022 results on last Saturday.
So what has Berkshire achieved?
1. Topline growth of 9.4%
Source: Berkshire Hathaway 202210-k
Source: Berkshire Hathaway 202210-k
Berkshire Hathaway is a business conglomerate that is made up of many parts. Its bread and butter are still in the insurance business.
Insurance and others grew from USD 227.97 billion to USD 249.94 billion, a growth of 9.6% YoY.
Freight rail transportation revenue, Burlington Northern Santa Fe is Berkshire Hathaway's subsidiary in the railway business pillar. It grew from USD 23.18 billion to USD 25.8 billion, a YoY growth of 11.3%.
Under Energy's operating revenues, where Berkshire Hathaway Energy comes to play, revenue grew 11.3% YoY as well.
2. Reported a loss in FY 2022!
Source: Berkshire Hathaway 202210-k
Source: Berkshire Hathaway 202210-k
Based on GAAP, Berkshire Hathaway reported a net loss of USD 22.82 billion. Although most of its business verticals are profitable, after factoring in equity investment losses, Berkshire Hathaway's slumped into a loss of USD 22.82 billion.
Are you concerned about that? Or are you excited to invest in Berkshire Hathaway?
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