NYSE$BRK-B

Berkshire Hathaway Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Berkshire Hathaway's net earnings attributable to shareholders decreased, while operating earnings increased, driven by improvements in insurance underwriting and investment income.

Berkshire Hathaway reported a decrease in net earnings attributable to shareholders for Q4 2024, primarily due to lower investment gains compared to the previous year. However, operating earnings saw a significant increase, driven by strong performance in insurance underwriting and investment income.

  • Net earnings attributable to Berkshire shareholders decreased to $19.694 billion in Q4 2024 from $37.574 billion in Q4 2023.
  • Operating earnings increased to $14.527 billion in Q4 2024 from $8.481 billion in Q4 2023.
  • Insurance-underwriting saw a significant increase, reaching $3.409 billion compared to $848 million in the same quarter last year.
  • Insurance-investment income increased to $4.088 billion from $2.759 billion year-over-year.

Headline financials

Total Revenue

$94.9B

Previous: $93.4B+1.6%
EPS

$9.13

Previous: $17.36-47.4%
Class A EPS

$13.7K

No prior period
Class B EPS

$9.13

No prior period
Insurance Float

$171B

No prior period
Investment Gains

$5.17B

No prior period
Capital Expenditures

-$5.35B

Previous: -$5.71B+6.3%
Net Income

$19.7B

Previous: $37.6B-47.6%
Operating Income

$14.5B

Previous: $11.8B+23.4%
Gross Profit

$26.4B

Previous: $17.8B+48.5%

Revenue & EPS history

Berkshire Hathaway · Revenue · Quarterly

$94.9B

Q4 2024+1.6%vs Q4 2023
Beat estimate in 5 of 5 quarters(100%)
ActualEstimate

Forward guidance

No specific forward guidance was provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.1%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.6%

Avg return

30 days after

30%

10 / 33 earnings

Positive

+1.9%

Q2 2016

Best reaction

-1.6%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%+3.3%+4.0%
Q4 2025+0.0%-0.9%-6.0%
Q3 2025+0.0%+3.3%+6.5%
Q2 2025+0.0%-2.4%+6.4%
Q1 2025-0.5%+0.0%-4.7%
Q4 2024+0.0%+4.9%+9.8%
Q3 2024+0.0%+1.8%+5.6%
Q2 2024+0.0%+0.7%+11.1%
Q1 2024+0.0%-0.5%-5.7%
Q4 2023+0.0%+2.5%+8.5%
Q3 2023+0.0%-1.5%-3.7%
Q2 2023+1.2%+1.4%+3.8%
Q1 2023+1.2%+1.7%+7.7%
Q3 2022-0.9%+3.6%+11.1%
Q2 2022-0.2%+0.8%+9.9%
Q1 2022-1.3%-3.6%-9.7%
Q3 2021-1.6%+0.3%+3.5%
Q2 2021+0.6%+1.1%+0.8%
Q1 2021-1.1%+1.7%+6.5%
Q3 2020+1.2%+0.9%-4.1%
Q2 2020+0.7%+0.9%+9.7%
Q1 2020-0.2%-2.6%+2.3%
Q3 2019+0.3%+0.3%+2.8%
Q2 2019+0.0%+1.0%-2.5%
Q1 2019+0.0%+2.2%+7.9%
Q3 2018+0.0%+2.5%-5.0%
Q2 2018+0.0%+0.5%+6.7%
Q1 2018+0.0%+0.7%-2.9%
Q3 2017+0.0%+2.1%+2.5%
Q2 2017+0.0%+1.5%+2.8%
Q1 2017-0.4%-0.9%-1.3%
Q3 2016+0.6%+0.4%+0.3%
Q2 2016+1.9%+0.1%+1.5%
Q4 2014
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q2 2012
Q3 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2009
Q4 2010
Q3 2010
Q2 2010
Q1 2009
Q1 2010
Q2 2009
Q3 2008
Q3 2009

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro