The Berkshire of Warren Buffett Hathaway delivered another record year, with an operating profit increasing by 27% to 47.44 billion dollars in 2024, against $ 37.35 billion the previous year. The high performance of the company was fired by insurance and investment income subscription gains.
The fourth quarter was particularly solid, with an operating profit jumping from $ 71% to $ 14.53 billion, or about $ 1,010 per class A share. The quarter net profit reached $ 19.69 billion, Stimulated by gains in Apple, American Express and other actions. For the full year, Berkshire’s net profit has totaled $ 89 billion.
Buffett underlined the major tax contributions of the company, revealing that Berkshire paid $ 26.8 billion in the United States government in 2024 – more than any other company, including technological companies of billions of dollars. This amounted to 5% of all the corporate tax revenues collected in the country.
Omaha’s Oracle has also revealed a major change in the Berkshire portfolio: Apple is no longer its greatest detention. Despite the increase in Apple shares by 30% in 2024, Berkshire’s participation in the technology giant fell by more than $ 104 billion, making American expressing its best outfit.
For the future, Buffett has reaffirmed its preference for bonds on bonds, declaring that the $ 334.2 billion in Berkshire cash reserve will be deployed in equity rather than fixed income investments.
Warren Buffett began to buy actions from Berkshire Hathaway in 1962 for only $ 7.60 per share. Over the decades, its sense of investment and its refusal to divide the action have transformed the most expensive part of the world. Friday, the actions of class A of Berkshire closed at $ 718,750, while its more affordable class B shares were negotiated at $ 478.74.
To mark its 60th anniversary at the helm, Buffett offers shareholders a chance to buy a special birthday book at the annual meeting, featuring unspeakable stories and lessons in the history of Berkshire.
(With agency entries)
