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AI brief of an SEC Form 8-K · Berkshire Hathaway (BRK-B)

Berkshire Hathaway Q4 net earnings fell to $19.7 billion, operating earnings rose

Mixed Impact 3 of 5 earnings Written later

Berkshire Hathaway reported fourth-quarter 2024 net earnings of $19.7 billion, down from $37.6 billion a year earlier, mainly because investment gains fell to $5.2 billion from $29.1 billion. Operating earnings, which exclude investment gains and losses, rose to $14.5 billion from $8.5 billion, and full-year 2024 net earnings were $89.0 billion versus $96.2 billion in 2023.

Key points

  • Q4 2024 net earnings attributable to Berkshire shareholders were $19.7 billion, versus $37.6 billion in Q4 2023.
  • Q4 2024 operating earnings were $14.5 billion, versus $8.5 billion in Q4 2023; full-year operating earnings were $47.4 billion, versus $37.4 billion.
  • Q4 2024 net earnings per Class B share were $9.13, versus $17.36 a year earlier; full-year 2024 was $41.27, versus $44.27.
  • Berkshire used approximately $2.9 billion to repurchase its shares in 2024; insurance float was approximately $171 billion at December 31, 2024.

The filing

CompanyBerkshire Hathaway (BRK-B)
Form8-K, current report
Filed with the SECFeb 24, 2025, 4:15 PM ET
Accession number0001193125-25-033393

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 24, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.