Live News • Jun 17
Berkshire Hathaway Stock in Focus With $8.5b Taylor Morrison Deal and Major Alphabet AI Investment Berkshire Hathaway agreed to acquire Taylor Morrison Home Corporation in an all-cash deal valued at about $8.5b including debt, offering $72.50 per share, a 24% premium to Taylor Morrison’s recent close.
The Taylor Morrison acquisition is expected to close in the second half of 2026, with the homebuilder taken private and integrated with Berkshire’s existing residential platform, including Clayton Homes, while keeping current leadership in place.
Under CEO Greg Abel, Berkshire also more than tripled its stake in Alphabet and committed an additional $10b via a private placement tied to Alphabet’s AI infrastructure equity raise, bringing total Alphabet investments since January 2026 to more than $21b and making it one of Berkshire’s largest holdings.
Taken together, these moves show Berkshire Hathaway under Greg Abel committing large amounts of capital to two very different pillars: U.S. housing and large-scale AI and cloud infrastructure through Alphabet.
The main consideration for you is how comfortable you are with Berkshire concentrating a sizable share of its equity portfolio in a few technology-linked holdings while also increasing exposure to housing through a sizeable, long-dated acquisition that depends on regulatory and shareholder approvals. Live News • Jun 09
Berkshire Hathaway Makes $10 Billion Alphabet AI Bet and Buys Taylor Morrison Under New CEO Berkshire Hathaway, under new CEO Greg Abel, committed an additional US$10b to Alphabet through a private placement tied to an US$80b AI infrastructure funding round. This makes Alphabet one of its largest equity positions and lifts AI-related holdings to over one-third of its US$330b portfolio.
The company agreed to acquire Taylor Morrison Home Corporation for about US$8.5b in enterprise value in an all-cash deal, expanding its presence in U.S. housing and taking the homebuilder private.
Abel has reshaped Berkshire’s portfolio by cutting holdings from around 40 to 26, fully exiting 16 stocks, increasing exposure to Alphabet and The New York Times, and adding new positions in Delta Air Lines and Macy’s. Core stakes in Apple, American Express, Coca-Cola and Bank of America remain central and together account for over 60% of the portfolio.
Taken together, these moves show Berkshire leaning harder into a mix of large technology, housing and select consumer and airline stocks, while still relying on long-held compounders as the portfolio anchor.
For investors, the key questions are comfort with this more concentrated, AI-tilted equity book and with execution risk around the Taylor Morrison deal, especially as some institutional holders have already reduced Berkshire exposure during the post-Buffett transition. Announcement • Jun 02
Berkshire Hathaway Inc. (NYSE:BRK.A) reached a definitive agreement to acquire Taylor Morrison Home Corporation (NYSE:TMHC) for $6.8 billion. Berkshire Hathaway Inc. (NYSE:BRK.A) reached a definitive agreement to acquire Taylor Morrison Home Corporation (NYSE:TMHC) for $6.8 billion on May 31, 2026. Under the terms of the transaction, Berkshire Hathaway will acquire Taylor Morrison for $72.50 per common share in cash, representing a total equity value for Taylor Morrison of approximately $6.8 billion and enterprise value of approximately $8.5 billion. The acquisition price represents a 24% premium to Taylor Morrison’s latest closing price of $58.50 on May 29, 2026. Upon termination of the Merger Agreement under certain specified circumstances, including termination by Taylor to accept and enter into a definitive agreement with respect to a superior proposal or by Berkshire upon a change of recommendation by the Board, the Taylor will be required to pay Berkshire a termination fee of $221.6 million.
Upon completion of the acquisition, Taylor Morrison will continue to be led by Taylor Morrison’s existing management team, including Chief Executive Officer Sheryl Palmer. Taylor Morrison Home Corporation will become a private company, and its common stock will no longer be listed and traded on the NYSE.
The transaction is expected to close in the second half of 2026, subject to customary closing conditions, including approval by Taylor Morrison stockholders and receipt of required regulatory approvals. The transaction is unanimously approved by the boards.
Goldman Sachs & Co. LLC and Moelis & Company LLC acted as financial advisors and fairness opinion providers while the team of Simpson Thacher & Bartlett LLP led by Eric Swedenburg, Alison Preiss, Fred de Albuquerque, Julie Siegel, Jamin Koslowe, Charles Mathes, Josh Teitler, James Talbot, Kelly Karapetyan, Karen Kazmerzak, Alec Jarvis, Marisa Stavenas, Catherine Ciriello, Christopher Brown, Krista McManus, Jared Wilner and Steven DeLott and the team of Mayer Brown LLP led by Holly Spencer Bunting and Krista Cooley acted as legal advisors for Taylor Morrison Home Corporation. The team of Gibson, Dunn & Crutcher LLP led by Andrew Kaplan, Christopher Lang, Eric Sloan, James Jennings, Ekaterina Napalkova and John Curran acted as legal advisor for Berkshire Hathaway Inc. Reported Earnings • May 05
First quarter 2026 earnings released: EPS: US$7,027 (vs US$3,200 in 1Q 2025) First quarter 2026 results: EPS: US$7,027 (up from US$3,200 in 1Q 2025). Revenue: US$93.7b (up 4.4% from 1Q 2025). Net income: US$10.1b (up 120% from 1Q 2025). Profit margin: 11% (up from 5.1% in 1Q 2025). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 16
Berkshire Hathaway Inc., Annual General Meeting, May 02, 2026 Berkshire Hathaway Inc., Annual General Meeting, May 02, 2026. Location: chi health center, 455 north 10th street, nebraska, omaha United States Reported Earnings • Mar 02
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$46,563 (down from US$61,900 in FY 2024). Revenue: US$371.4b (flat on FY 2024). Net income: US$67.0b (down 25% from FY 2024). Profit margin: 18% (down from 24% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 49%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Feb 12
Berkshire Hathaway Inc. to Report Fiscal Year 2025 Final Results on Feb 28, 2026 Berkshire Hathaway Inc. announced that they will report fiscal year 2025 final results at 8:00 AM, US Eastern Standard Time on Feb 28, 2026 Announcement • Jan 22
Warren Buffett's Successor Reportedly Eyes Selling Off Berkshire Hathaway's 325 Million Kraft Heinz Shares Warren Buffett's successor appears to be considering his first significant move after taking over as CEO this month. The Kraft Heinz Company (NasdaqGS:KHC) warned investors on 20 January 2026 that Berkshire Hathaway Inc. (NYSE:BRK.A) may be interested in selling its 325 million shares in the name brand food giant that Buffett helped create back in 2015. The news came in a filing with stock market regulators. Buffett and the Brazilian investment firm 3G Capital orchestrated the merger of Kraft and Heinz back then because they already owned Heinz and believed in the power of their brands. Now Greg Abel may be plotting a different course. Over the years since Buffett had come to realize that the company's competitive moat around its brands wasn't as strong as he thought as consumers have increasingly been willing to switch to store brands and move away from processed foods. Berkshire took a $3.76 billion writedown on its Kraft-Heinz stake last summer. Buffett said last fall that he was disappointed in Kraft Heinz' plan to split the company in two, and Berkshire's two representatives resigned from the Kraft board last spring. But still it was rare for Buffett to unload an acquisition during his six decades leading Berkshire even when he soured on a business' prospects. Berkshire didn't respond to questions on 20 January 2026 about the filing where Kraft Heinz disclosed that its largest shareholder “may offer to sell, from time to time, 325,442,152 shares.” Kraft Heinz shares fell nearly 4% to $22.85 after the announcement. Announcement • Jan 02
Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY). Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 1, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary. Berkshire Hathaway, and at the Closing will have, sufficient cash to pay the Closing Purchase Price and any other amounts required to be paid in connection with the consummation of the Transactions and to pay all related fees and expenses that are the responsibility of the Berkshire Hathaway.
The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion.
Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway.
Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) on January 2, 2026. On completion, OxyChem will continue to be managed by Wade Alleman as president and CEO. Major Estimate Revision • Nov 07
Consensus EPS estimates increase by 45% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from US$374.7b to US$398.3b. EPS estimate increased from US$29,088 to US$42,295 per share. Net income forecast to shrink 25% next year vs 24% growth forecast for Diversified Financial industry in the US . Consensus price target broadly unchanged at US$767,690. Share price rose 3.1% to US$739,900 over the past week. New Risk • Nov 04
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 18% Last year net profit margin: 29% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.4% per year for the foreseeable future. Minor Risk Profit margins are more than 30% lower than last year (18% net profit margin). Announcement • Oct 29
Berkshire Hathaway Inc. to Report Q3, 2025 Results on Nov 01, 2025 Berkshire Hathaway Inc. announced that they will report Q3, 2025 results at 7:00 AM, Central Standard Time on Nov 01, 2025 Announcement • Oct 02
Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion. Berkshire Hathaway Inc. (NYSE:BRK.A) signed definitive agreement to acquire Occidental Chemical Corporation from Occidental Petroleum Corporation (NYSE:OXY) for $9.7 billion on October 2, 2025. The all cash consideration of $9.7 billion (subject to customary purchase price adjustments) will be paid by Berkshire Hathaway Inc. An Occidental subsidiary will retain OxyChem’s legacy environmental liabilities, and Glenn Springs Holdings, Inc. will continue to manage existing remedial projects for that subsidiary.
The transaction is subject to regulatory approvals and other customary closing conditions. The expected completion of the transaction is fourth quarter of 2025. Occidental expects to use $6.5 billion of the transaction proceeds to reduce debt and achieve the target of principal debt below $15 billion.
Barclays Capital Inc. acted as financial advisor for Occidental Petroleum Corporation. Daniel J. Cerqueira, George F. Schoen, Matthew Morreale, Lauren Angelilli, Arvind Ravichandran, Eric W. Hilfers, David J. Kappos, Noah Joshua Phillips, Sarah W. Colangelo, John F. Kendrick, Annmarie M. Terraciano, Joyce Law, Brian M. Budnick and Lauren Piechocki of Cravath, Swaine & Moore LLP acted as legal advisor for Occidental Petroleum Corporation. Cyril V. Jones, Andrew Calder, Jacob Volz, Mark Dundon, Rebecca L. Fine, Daniel D. Lewis, Todd Herst, Stephen M. Jacobson, Stephanie Jeane, Justin Coddington, Jack M. Amaro, Christie Alcala, Damien Lyster, Paul D. Tanaka and James Dolphin of Kirkland & Ellis LLP acted as legal advisor to Berkshire Hathaway. Announcement • Oct 01
Berkshire Hathaway Reportedly in Talks to Buy Occidental’s Petrochemical Business Berkshire Hathaway Inc. (NYSE:BRK.A) is negotiating to purchase Occidental Petroleum’s (NYSE:OXY) petrochemical business for approximately $10 billion, according to a report from the Wall Street Journal, citing sources familiar with the discussions. The acquisition of OxyChem could be finalized within days if the talks proceed successfully. Occidental Petroleum, which has a market value of around $46 billion, already has Berkshire as its largest shareholder. The Financial Times had reported on Sunday that Occidental was in discussions to sell OxyChem for $10 billion, but did not identify the potential buyer. Announcement • Aug 16
Berkshire Hathaway Inc. (NYSE:BRK.A) acquired an unknown minority stake in Lennar Corporation (NYSE:LEN) for approximately $600 million. Berkshire Hathaway Inc. (NYSE:BRK.A) acquired an unknown minority stake in Lennar Corporation (NYSE:LEN) for approximately $600 million in the second quarter of 2025. Berkshire acquired 5.3 million shares of Lennar for $575 million in the second quarter of 2025, following its purchase of 1.8 million shares for $222 million in the first quarter of 2025.
Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of an unknown minority stake in Lennar Corporation (NYSE:LEN) in the second quarter of 2025. Announcement • Aug 13
Berkshire Hathaway Inc. (NYSE:BRK.A) acquired Bell Laboratories, Inc. Berkshire Hathaway Inc. (NYSE:BRK.A) acquired Bell Laboratories, Inc. on July 31, 2025. As part of the acquisition, Bell will continue to operate independently and Bell Laboratories welcomed Warren Buffett, Greg Abel, Howard Buffett and members of the Berkshire Hathaway team to its corporate headquarters August 4, 2025.
Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of Bell Laboratories, Inc. on July 31, 2025. New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 5.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 04
Second quarter 2025 earnings released: EPS: US$8,601 (vs US$21,122 in 2Q 2024) Second quarter 2025 results: EPS: US$8,601 (down from US$21,122 in 2Q 2024). Revenue: US$92.5b (down 1.2% from 2Q 2024). Net income: US$12.4b (down 59% from 2Q 2024). Profit margin: 13% (down from 32% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jul 30
Berkshire Hathaway Inc. to Report Q2, 2025 Results on Aug 02, 2025 Berkshire Hathaway Inc. announced that they will report Q2, 2025 results at 7:00 AM, Central Standard Time on Aug 02, 2025 Announcement • May 06
Berkshire Hathaway Inc. Appoints Greg Abel as President Effective January 1, 2026 Berkshire Hathaway Inc. announced at a question and answer session preceding its Annual Shareholders Meeting on May 3, 2025, that Warren Buffett, Chairman and CEO, recommended Greg Abel, Vice Chairman Non-Insurance Operations, to be appointed as President. On May 4, 2025, Berkshire’s Board of Directors voted unanimously to appoint Greg Abel as President, effective January 1, 2026. Warren Buffett will remain the Chairman of the Board of Directors. Reported Earnings • May 05
First quarter 2025 earnings released: EPS: US$3,200 (vs US$8,825 in 1Q 2024) First quarter 2025 results: EPS: US$3,200 (down from US$8,825 in 1Q 2024). Revenue: US$89.7b (flat on 1Q 2024). Net income: US$4.60b (down 64% from 1Q 2024). Profit margin: 5.1% (down from 14% in 1Q 2024). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Announcement • May 05
Berkshire Hathaway Inc. Announces CEO Changes Berkshire Hathaway Inc. announced that Warren Buffett has shocked an arena full of his shareholders on May 3, 2025 by announcing that he wants to retire at the end of the year. Buffett said he will recommend to Berkshire Hathaway’s board that Greg Abel should become CEO at the end of the year. Previously the 94-year-old investor has always said he had no plans to retire. But Abel has been his designated&successor for years, and Abel has already been managing all of Berkshire’s non-insurance businesses. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Apr 30
Berkshire Hathaway Inc. to Report Q1, 2025 Results on May 03, 2025 Berkshire Hathaway Inc. announced that they will report Q1, 2025 results at 7:00 AM, Central Standard Time on May 03, 2025 Announcement • Mar 17
Berkshire Hathaway Inc., Annual General Meeting, May 03, 2025 Berkshire Hathaway Inc., Annual General Meeting, May 03, 2025. Location: chi health center, 455 north 10th street, nebraska, omaha United States Reported Earnings • Feb 24
Full year 2024 earnings: EPS and revenues exceed analyst expectations Full year 2024 results: EPS: US$61,900 (down from US$66,412 in FY 2023). Revenue: US$371.4b (up 1.9% from FY 2023). Net income: US$89.0b (down 7.5% from FY 2023). Profit margin: 24% (down from 26% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Feb 18
Berkshire Hathaway Inc. to Report Q4, 2024 Results on Feb 22, 2025 Berkshire Hathaway Inc. announced that they will report Q4, 2024 results at 8:00 AM, US Eastern Standard Time on Feb 22, 2025 Seeking Alpha • Feb 15
Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q4 2024 Update Summary
During Q4 2024, Berkshire Hathaway's 13F stock portfolio value increased slightly to ~$267B, with the top five positions comprising ~72% of the portfolio.
New stakes include Constellation Brands, while notable disposals include Ulta Beauty, SPDR S&P 500 Index, and Vanguard S&P 500 Index.
Significant stake increases were made in Occidental Petroleum, VeriSign, Sirius XM Holdings, Domino’s Pizza, and Pool Corp.
Major stake reductions occurred in Bank of America, Liberty Media Corp, Capital One Financial, Citigroup, T-Mobile US, Charter Communications, Louisiana-Pacific, and NU Holdings.
Read the full article on Seeking Alpha Major Estimate Revision • Nov 09
Consensus revenue estimates increase by 15% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from US$324.6b to US$371.9b. EPS estimate unchanged from US$33,953 at last update. Diversified Financial industry in the US expected to see average net income growth of 17% next year. Consensus price target broadly unchanged at US$746,755. Share price rose 2.6% to US$695,878 over the past week. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: US$18,272 (vs US$8,824 loss in 3Q 2023) Third quarter 2024 results: EPS: US$18,272 (up from US$8,824 loss in 3Q 2023). Revenue: US$93.0b (flat on 3Q 2023). Net income: US$26.3b (up US$39.0b from 3Q 2023). Profit margin: 28% (up from net loss in 3Q 2023). Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Berkshire Hathaway Inc. to Report Q3, 2024 Results on Nov 02, 2024 Berkshire Hathaway Inc. announced that they will report Q3, 2024 results at 7:00 AM, Central Standard Time on Nov 02, 2024 Major Estimate Revision • Oct 23
Consensus EPS estimates fall by 35% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from US$350.1b to US$324.6b. EPS estimate also fell from US$19,550 per share to US$12,617 per share. Net income forecast to shrink 75% next year vs 20% growth forecast for Diversified Financial industry in the US . Consensus price target up from US$701,500 to US$733,750. Share price was steady at US$692,600 over the past week. Recent Insider Transactions • Sep 15
Board Member recently sold US$139m worth of stock On the 9th of September, Ajit Jain sold around 200 shares on-market at roughly US$695,418 per share. This transaction amounted to 63% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 06
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: US$21,122 (down from US$24,775 in 2Q 2023). Revenue: US$93.7b (up 1.2% from 2Q 2023). Net income: US$30.3b (down 16% from 2Q 2023). Profit margin: 32% (down from 39% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 5.8%. Earnings per share (EPS) also surpassed analyst estimates by 39%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Aug 02
Berkshire Hathaway Inc. to Report Q2, 2024 Results on Aug 03, 2024 Berkshire Hathaway Inc. announced that they will report Q2, 2024 results at 7:00 AM, Central Standard Time on Aug 03, 2024 Reported Earnings • May 07
First quarter 2024 earnings released: EPS: US$8,825 (vs US$24,377 in 1Q 2023) First quarter 2024 results: EPS: US$8,825 (down from US$24,377 in 1Q 2023). Revenue: US$89.9b (up 5.2% from 1Q 2023). Net income: US$12.7b (down 64% from 1Q 2023). Profit margin: 14% (down from 42% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.7% growth forecast for the Diversified Financial industry in the US. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. New Risk • Apr 30
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 35% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Mar 22
As You Sow Files a Notice of Exempt Solicitation to Berkshire Hathaway Inc On March 22, 2024, As You Sow announced it has filed a notice of exempt solicitation and urged the shareholders of Berkshire Hathaway Inc to vote for the proposal requesting annual diversity and inclusion efforts report at Berkshire Hathaway Inc shareholder meeting on May 4, 2024. New Risk • Feb 26
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 49% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 26
Full year 2023 earnings released: EPS: US$66,412 (vs US$15,494 loss in FY 2022) Full year 2023 results: EPS: US$66,412 (up from US$15,494 loss in FY 2022). Revenue: US$364.5b (up 21% from FY 2022). Net income: US$96.2b (up US$119.0b from FY 2022). Profit margin: 26% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Revenue is expected to decline by 2.0% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in the US are expected to grow by 4.0%. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings. Announcement • Feb 21
Berkshire Hathaway Inc. to Report Fiscal Year 2023 Results on Feb 24, 2024 Berkshire Hathaway Inc. announced that they will report fiscal year 2023 results at 8:00 AM, US Eastern Standard Time on Feb 24, 2024 Announcement • Jan 17
Berkshire Hathaway Inc. (NYSE:BRK.A) acquired the remaining 20% stake in Pilot Travel Centers LLC from Pilot Corporation. Berkshire Hathaway Inc. (NYSE:BRK.A) acquired the remaining 20% stake in Pilot Travel Centers LLC from Pilot Corporation on January 16, 2024. As a result of the transaction, Berkshire Hathaway Inc. now owns 100% stake in Pilot Travel Centers LLC. Prior to the transaction, Berkshire Hathaway Inc. held 80% stake in Pilot Travel Centers LLC.Berkshire Hathaway Inc. (NYSE:BRK.A) completed the acquisition of remaining 20% stake in Pilot Travel Centers LLC from Pilot Corporation on January 16, 2024. Announcement • Jan 08
Berkshire Hathaway Inc., Pilot Travel Centers LLC, and National Indemnity Company Reach Settlement with Pilot Corporation Berkshire Hathaway Inc. announced that it has reached an agreement to fully settle the Delaware litigation, including all claims and counterclaims, between Pilot Corporation and Berkshire Hathaway Inc., Pilot Travel Centers LLC, and National Indemnity Company. Announcement • Jan 05
Berkshire Hathaway Inc., Annual General Meeting, May 04, 2024 Berkshire Hathaway Inc., Annual General Meeting, May 04, 2024. Announcement • Nov 04
Berkshire Hathaway Inc. to Report Q3, 2023 Results on Nov 04, 2023 Berkshire Hathaway Inc. announced that they will report Q3, 2023 results at 7:00 AM, Central Standard Time on Nov 04, 2023