Berkshire Hathaway (BRK.B) FY2024 results: revenue $371.4 billion, up 1.9% on the year
Berkshire Hathaway Inc. (BRK.B) reported revenue of $371.4 billion for fiscal 2024, the year ended 31 December 2024, up 1.9% on the year before. Net income was $89.0 billion, down 7.5%, and diluted earnings per share $41.27. The figures are the company's own, from the 10-K it filed with the SEC on 24 February 2025.
Revenue
$371.4 billion
+1.9% on the year
FY2017FY2024
Operating margin
15.0%
11.9% a year earlier
FY2017FY2024
Net income
$89.0 billion
-7.5% on the year
FY2017FY2024
Diluted EPS
$41.27
-6.8% on the year
FY2017FY2024
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
30,592
49,196
37,350
-37.8%
Capital expenditure
18,976
19,409
15,464
-2.2%
Free cash flow
11,616
29,787
21,886
-61.0%
Free cash flow margin
3.1%
8.2%
7.2%
Cash from investing
-10,287
-32,663
-87,601
Cash from financing
-10,360
-14,405
-1,662
Depreciation and amortisation
12,855
12,486
10,899
+3.0%
Buybacks
2,918
9,171
7,854
-68.2%
Diluted shares, weighted
2,157m
2,173m
2,203m
-0.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
649,368
561,273
473,424
+15.7%
Non-controlling interest
2,287
6,236
8,257
-63.3%
Other liabilities
502,226
502,469
466,771
-0.0%
Total liabilities and equity
1,153,881
1,069,978
948,452
+7.8%
Goodwill
83,880
84,626
78,119
-0.9%
Securities held for sale or to maturity
15,364
23,758
25,128
-35.3%
Cash and equivalents
48,376
38,643
36,399
+25.2%
Inventory
24,008
25,856
25,366
-7.1%
Other assets
982,253
897,095
783,440
+9.5%
Total assets
1,153,881
1,069,978
948,452
+7.8%
10-K for the year ended 31 December 2024, filed 24 February 2025: the filing.