Company

Berkshire Hathaway

Official Name: Berkshire Hathaway Inc.

Headquarters: Omaha, NE, United States

Founded: 1839

Employees: 372,000

CEO: Mr. Warren E. Buffett

Market Cap

$798.47 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

Berkshire Hathaway Inc. is a multinational conglomerate holding company. It wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Pampered Chef, and NetJets, and also has significant shares of Pilot Flying J, Kraft Heinz Company, American Express, Wells Fargo, The Coca-Cola Company, Bank of America, Apple, United Airlines, Delta Air Lines, Southwest Airlines and American Airlines. Berkshire Hathaway also acquired a number of smaller companies in a wide variety of industries, including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several regional electric and gas utilities.

Berkshire Hathaway market capitalization evolution

Evolution of Berkshire Hathaway Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Berkshire Hathaway Inc.

Detailed Description

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. Further, it provides recreational vehicles, apparel products, jewelry, and custom picture framing products, as well as alkaline batteries; castings, forgings, fasteners/fastener systems, and aerostructures; and seamless pipes, fittings, downhole casing and tubing, and mill forms. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle apparel and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.

Wikipedia Introduction

Berkshire Hathaway Inc. (/ˈbɜːrkʃər/) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J; and significant minority holdings in public companies Kraft Heinz Company (26.7%), American Express (18.8%), The Coca-Cola Company (9.32%), Bank of America (11.9%), and Apple (6.3%). From 2016, the company acquired large holdings in the major US airline carriers, namely United Airlines, Delta Air Lines, Southwest Airlines, and American Airlines, but sold all of its airline holdings early in 2020 in the wake of the COVID-19 pandemic. Berkshire Hathaway has averaged an annual growth in book value of 19.0% to its shareholders since 1965 (compared to 9.7% from the S&P 500 with dividends included for the same period), while employing large amounts of capital, and minimal debt. The company is known for its control and leadership by Warren Buffett, who serves as chairman and chief executive, and Charlie Munger, the company's vice chairman. In the early part of his career at Berkshire, Buffett focused on long-term investments in publicly traded companies, but more recently he has more frequently bought whole companies. Berkshire now owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, manufacture and distribution of uniforms, and several regional electric and gas utilities. According to the Forbes Global 2000 list and formula, Berkshire Hathaway is the eighth-largest public company in the world, the tenth-largest conglomerate by revenue and the largest financial services company by revenue in the world. As of August 2020, Berkshire's Class B stock is the seventh-largest component of the S&P 500 Index (which is based on free-float market capitalization) and the company is famous for having the most expensive share price in history with Class A shares costing around $450,000 each. This is because there has never been a stock split in its Class A shares and Buffett stated in a 1984 letter to shareholders that he does not intend to split the stock. On 16, March, 2022, Berkshire Hathaway Class A shares closed above record $500,000 a share, resulting in company's market cap ab…

Source: Wikipedia, retrieved on March 31, 2022, 8:42 p.m.

Stocks & Indices

Berkshire Hathaway Inc. has the following listings and related stock indices.


Stock: NYSE: BRK.A

Stock: NYSE: BRK.B

Stock: BMV: BRKB

Stock: Bovespa: BERK34

Stock: FSX: BRH

Stock: MTA: BRYN

Product & Services

Diversified investments, Property & casualty insurance, Utilities, Restaurants, Food processing, Aerospace, Toys, Media, Automotive, Sporting goods, Consumer products, Internet, Real estate

Key People

Founder(s): Oliver Chace

Warren E. Buffett (Chairman & CEO) Charles T. Munger (Vice Chairman)

Financials

Revenue: US$276.09 billion (2021)

Operating income: US$111.7 billion (2021)

Net income: US$89.8 billion (2021)


Total assets: US$958.8 billion (2021)

Total equity: US$514.9 billion (2021)

Details

Headquarters:

3555 Farnam Street

Omaha, NE 68131

United States

Phone: 402-346-1400