Core Insights - Berkshire Hathaway reported earnings per share of $5.74, slightly exceeding estimates, but revenue of $95.62 billion fell short of expectations [2] - The company's operating profits increased by 34% year-over-year, reaching $13.5 billion, driven by strong performance in insurance and railroads [3] - Berkshire Hathaway's cash reserves reached a record $381.7 billion, providing flexibility for acquisitions and protection against market downturns [3][4] Financial Performance - Earnings per share were reported at $5.74, above the estimated $5.73 [2] - Revenue was $95.62 billion, below the expected $98.70 billion [2] - Operating profits increased by 34% year-over-year, totaling $13.5 billion [3] Sector Performance - Strong performance in the insurance underwriting and service/retail segments contributed to the operating earnings [2] - The insurance and railroad sectors were key drivers of profit growth [3] Valuation Metrics - The company has a P/E ratio of 16.38 and a price-to-sales ratio of 2.78, indicating attractive valuation [4] - A low debt-to-equity ratio of 0.19 and a strong current ratio of 7.72 reflect conservative financial management [4]
Berkshire Hathaway Inc. (NYSE:BRK-B) Financial Overview and Market Position