Berkshire Hathaway Inc. announced on Saturday that its revenue in 2024 stood at $371.4 billion, up roughly 1.9% compared to the same timeframe in 2023.
In the 12 months ending December 31, 2024, net earnings attributable to Berkshire shareholders slid 7.5% on an annual basis to $89 billion. Net earnings per average equivalent Class B share tumbled 6.7% year over year to $41.27.
"In 2024, Berkshire did better than I expected though 53% of our 189 operating businesses reported a decline in earnings. We were aided by a predictable large gain in investment income as Treasury Bill yields improved and we substantially increased our holdings of these highly-liquid short-term securities," CEO Warren Buffett mentioned.
