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Berkshire Hathaway

Insurance, rail, energy and manufacturing holding company · United States

Berkshire Hathaway is a holding company that owns insurers such as GEICO, the BNSF railroad, a large energy business and many manufacturers, and invests the cash they produce.

What makes it different

It keeps a mountain of cash in Treasury bills.

$321.4BU.S. Treasury Bills heldFY2025

The cash waits for large deals, and the company will not buy back shares if its cash falls below $30 billion.

How big it is

How big is Berkshire Hathaway?

$371.4BTotal revenuesFY2025
$176BInsurance float2025
387,800Employees2025
How it makes money FY2025

Insurance first, then many businesses.

  • Insurance28%$104.2B
  • Manufacturing21%$78.5B
  • McLane14%$51.0B
  • Service and retailing12%$42.6B
  • Other25%
How the business works

Insure. Invest the float. Own the rest.

  1. 1GEICO and reinsurance
  2. 2Float in stocks and Treasury bills
  3. 3BNSF, BHE and manufacturers

Premiums arrive before claims are paid, so Berkshire invests money that is not its own.

Who owns it
  • Warren E. Buffett13.7%

CEO: Gregory E. Abel

Who it competes with
PProgressiveMMunich ReUnion PacificNNextEra EnergySiemens
Key moments
  1. 1965Buffett becomes controlling shareholder
  2. 1970Buffett becomes Chairman and CEO
  3. 1996Berkshire acquires GEICO
  4. 2010Berkshire completes the BNSF acquisition
  5. 2024BHE becomes wholly owned
Sources

Every number on this page comes from Berkshire Hathaway's own reports.

Full profile

The rest of the story is in the app.

What Berkshire Hathaway tracks19 metrics
BNSF freight volume
BHE regulated utility retail customers
Pilot fuel sold
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from4 regions
United States
Western Europe
Asia Pacific
The full timeline16 moments
2023
2025
2026
Berkshire Hathaway vs Union Pacificside by side
Revenue
Profit
People
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