Berkshire Hathaway smashes profit record as earnings surge 71% in Q4, cash pile hits $334 billion

Warren Buffett’s Berkshire Hatavayi performed another record year, during which the operating profit increased from $ 47.44 billion in 2524, from $ 37.35 billion last year. The strong performance of the company was due to insurance and achievements in investment income.

The fourth quarter was especially strong, with operating profit by 71% and amounted to $ 14.53 billion, or for the class it is about $ 1,010. The net income of the quarter reached $ 19.69 billion, which stimulated by Apple, American Express and other equity holding. The net income of Berkshire for the full year was $ 89 billion.

Buffett highlighted the company’s significant tax fees, revealing that Berkshire paid $ 26.8 billion in US government in 2024, more than any other corporation, including trillion-dollar technology companies. This accounted for 5% of all corporate tax revenues collected in the country.

Omaha Oracle also revealed the main movement of Berkshire portfolio. Apple is no longer its biggest hold. Although the shares of Apple, which increasing by 30% in 2024, the shares of Berkshire fell into a technological giant for more than $ 104 billion, which is the main speaker of its main holding.

Looking ago, Buffett reaffirmed his preference for bond shares, noting that the $ 334.2 billion cash in cash in the income will be installed.

Warren Buffett started buying Berkshire Hathaway Stock in 1962 – just $ 0.60 per share. In decades, his contribution and shares to split the shares turned into the world’s most expensive share. Friday, the class of Berkshire Closed forever $ 718,750, while more accessible classes of it were sold for $ 478.74.

In order to celebrate 60 years to the wheel, Buffett offers the shareholders a special annual receipt book, especially unprocessed stories and lessons in the history of Berkshire.

(With entries from agencies)