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Moomoo 24/7 ·  Feb 24 08:10  · Earnings

In 2023Q4, Berkshire Hathaway Posts a Net Earnings of $37.57 Billion, Up From $18.08 Billion YoY

  • Berkshire Hathaway's Q4 operating earnings rose 28% YoY, driven by improvements in insurance underwriting and investment income, which more than offset declines at its railroad, utilities and energy, and other businesses.

  • The company repurchased $2.2B worth of common stock during the quarter, doubling its repurchases compared to Q3 and bringing 2023 purchases to $9.2B.

  • As of December 31, 2023, Berkshire Hathaway held approximately $167.6B in cash and short-term securities, up from $157B at the end of September.

  • Q4 operating income was $8.48B, which was a decline from $10.8B in Q3 but an increase from $6.63B a year ago.

    Source:Berkshire Hathaway

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