US EditionBerkshire Hathaway operating earnings fell nearly 30% in Warren Buffett’s final quarter as CEO
- In its late-February results, Berkshire Hathaway announced Q4 operating earnings of $10.2 billion, down more than 29% from $14.56 billion, marking Buffett's final quarter as CEO.
- Weakness in Berkshire Hathaway's insurance businesses including GEICO prompted insurance underwriting profits to plunge 54% to $1.56 billion and insurance investment income to slide nearly 25% to $3.1 billion, along with a $4.5 billion writedown on Kraft Heinz and Occidental stakes.
- The company sold 7.7 million Amazon shares, trimming its stake by 77%, sold 10.3 million Apple shares last year, and increased its Chevron stake by more than 8 million shares.
- On Saturday, Berkshire Hathaway reported full-year 2025 operating earnings of $44.49 billion, and its cash hoard of $373.3 billion slipped despite limited buybacks, with Greg Abel pledging to uphold Buffett's culture.
- With a concentrated portfolio, investors are watching Greg Abel's early moves as CEO, with more than 65% in six stocks and a 12-quarter net selling streak.
45 Articles
45 Articles
Berkshire Hathaway shareholders just woke up to a letter by someone other than Warren Buffett
Warren Buffett’s successor released his first letter to Berkshire Hathaway shareholders on Saturday as the company took a $4.5 billion write-down on the value of its Kraft Heinz and Occidental Petroleum stakes. Greg Abel took over as CEO in January, so this is his chance to set the tone for his leadership. Investors are watching closely for any changes he might make, but Abel and Buffett have said there won’t be significant changes in the way Be…
Warren Buffett sold stocks, built up cash in final weeks as Berkshire Hathaway CEO
Warren Buffett built his fortune through long-term investing at his firm, Berkshire Hathaway.Johannes EISELE / AFP via Getty ImagesWarren Buffett held tight to the purse strings in his final quarter as Berkshire Hathaway CEO.Berkshire's cash pile grew to a record $373 billion as it sold stocks and refrained from buybacks.Operating profits fell sharply as insurance weakness outweighed strength in other Berkshire units.If you handed most people ne…
Ottumwa Courier
Greg Abel praises Warren Buffett and promises Berkshire Hathaway won't retreat from investing
Greg Abel paid tribute to his predecessor Warren Buffett while promising in his first shareholder letter that Berkshire Hathaway won't retreat from investing or make significant changes in the way it operates. Abel took over as CEO in January. Investors…
Berkshire Hathaway reports drop in quarterly profit on insurance operations weakness
Berkshire Hathaway, which wrapped up its final year under Warren Buffett’s leadership, reported Saturday that operating earnings for the fourth quarter totaled $10.2 billion, down 29.8% from last year, on weakness from its insurance business.
Warren Buffett's successor publishes his first letter to Berkshire Hathaway shareholders
Omaha (US): Warren Buffett’s successor released his first letter to Berkshire Hathaway shareholders on Saturday, February 28, as the company took a USD 4.5 billion write-down on the value of its Kraft Heinz and Occidental Petroleum stakes. Greg Abel took over as CEO in January, so this is his chance to set the tone for his leadership. Investors are watching closely for any changes he might make, but Abel and Buffett have said there won’t be sign…
Berkshire Hathaway Misses Projections As Abel Takes The Helm, Operating Earnings Down Nearly 25% - Apple (NASDAQ:AAPL), Alphabet (NASDAQ:GOOGL)
On Saturday, Berkshire Hathaway reported fourth-quarter and full-year 2025 results that showed net earnings attributable to shareholders slipping to $66,968 million for the year from $88,995 million in 2024. Importance Rank: 1
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