Berkshire Hathaway Full Year 2023 Earnings: EPS: US$66,412 (vs US$15,494 loss in FY 2022)
Berkshire Hathaway Inc. Class A BRK.A | 663000.01 | -2.20% |
Berkshire Hathaway (NYSE:BRK.A) Full Year 2023 Results
Key Financial Results
- Revenue: US$364.5b (up 21% from FY 2022).
- Net income: US$96.2b (up from US$22.8b loss in FY 2022).
- Profit margin: 26% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue.
- EPS: US$66,412 (up from US$15,494 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Berkshire Hathaway Earnings Insights
Looking ahead, revenue is expected to decline by 2.0% p.a. on average during the next 2 years, while revenues in the Diversified Financial industry in the US are expected to grow by 4.0%.
Performance of the American Diversified Financial industry.
The company's shares are up 3.1% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We've done some analysis and you can see our take on Berkshire Hathaway's balance sheet.
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