Berkshire Hathaway Inc. is a Diversified Holding Company & Insurance company headquartered in Omaha, Nebraska, United States. In FY2025, it reported $371.4B in site-standard revenue and about $67.0B in net income attributable to shareholders. It had about 387,800 employees and is led by Greg Abel.
How Berkshire Hathaway Makes Money
Berkshire makes money from insurance underwriting and investment income, railroad operations, regulated energy utilities, manufacturing, distribution, retail, services, and equity investments. Its customers include insurance policyholders, freight shippers, utility customers, consumers, industrial buyers, retailers, distributors, and shareholders. Insurance float and investment returns remain the strategic core, while BNSF, energy, manufacturing, and service businesses provide operating earnings.
Berkshire Hathaway Strategy
Berkshire competes by maintaining financial strength, buying durable businesses, letting managers run independently, and allocating capital patiently across insurance, operating companies, and marketable securities. The strategic focus is patient capital deployment, disciplined underwriting, subsidiary autonomy, and long-term compounding of per-share intrinsic value.
Berkshire Hathaway Financials
Berkshire's FY2025 10-K reports $371.444B in revenue, $66.968B in net income attributable to shareholders, and about 387,800 employees worldwide. Berkshire Hathaway reported FY2025 net income attributable to shareholders of $66.968B, shown here as about $67.0B.
Berkshire Hathaway Competitive Position
Berkshire's advantage is permanent capital, insurance float, a conservative balance sheet, reputation with sellers, and a decentralized culture that attracts owner-minded managers. It competes with BlackRock, JPMorgan Chase, Bank of America and other companies across Diversified Holding Company & Insurance.
Berkshire Hathaway Risks
Berkshire Hathaway's biggest risk is the challenge of deploying very large amounts of capital at attractive returns while managing insurance catastrophe exposure, equity-market volatility, and succession execution.
