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Berkshire Hathaway Inc Class A BRK.A

Morningstar Rating
$603,000.00 −3,413.45 (0.56%)
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Company Report

Berkshire Hathaway: Ten Questions We Think Should Be Asked at the Company's 2024 Annual Meeting

For wide-moat Berkshire Hathaway's annual meeting this weekend, we've put together a list of 10 questions we would directly ask management if we could. At this year's event, Warren Buffett, Ajit Jain, and Greg Abel will take questions (forwarded on by shareholders and other interested participants) directly from CNBCs Becky Quick, as well as from shareholders in attendance at the live event in Omaha, Nebraska. Although the analyst panel has been set aside, we continue to believe it served as an effective means of eliciting details about Berkshire's operations. As the firm moves closer to the day when Buffett is no longer running the show, we continue to think that Berkshire should face tough questions about its operations, capital allocation priorities, and succession planning.

Price vs Fair Value

BRK.A is trading within a range we consider fairly valued.
Price
$606,413.44
Fair Value
$585,696.00
Uncertainty
Low
1-Star Price
$558,728.00
5-Star Price
$951,342.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Book value per share, which is a good proxy for measuring changes in Berkshire's intrinsic value, increased at an estimated 18.3% CAGR during 1965-2023, compared with a 10.2% annualized return for the S&P 500 TR Index.

Bears

Given its size, Berkshire's biggest long-term hurdle will be its ability to consistently find deals that not only add value but are large enough to be meaningful.

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News

Trading Information

Previous Close Price
$606,413.45
Day Range
$602,415.00615,999.99
52-Week Range
$482,500.00647,039.00
Bid/Ask
$601,400.00 / $604,499.99
Market Cap
$866.92 Bil
Volume/Avg
13,992 / 13,706

Key Statistics

Price/Earnings (Normalized)
23.41
Price/Sales
2.00
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
1.06%

Company Profile

Berkshire Hathaway is a holding company with a wide array of subsidiaries engaged in diverse activities. The firm's core business segment is insurance, run primarily through Geico, Berkshire Hathaway Reinsurance Group, and Berkshire Hathaway Primary Group. Berkshire has used the excess cash thrown off from these and its other operations over the years to acquire Burlington Northern Santa Fe (railroad), Berkshire Hathaway Energy (utilities and energy distributors), and the companies that make up its manufacturing, service, and retailing operations (which include five of Berkshire's largest noninsurance pretax earnings generators: Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis.
Sector
Financial Services
Industry
Insurance - Diversified
Stock Style Box
Large Growth
Total Number of Employees
396,500

Competitors

Valuation

Metric
BRK.A
ALL
PGR
Price/Earnings (Normalized)
23.4122.9134.19
Price/Book Value
1.552.675.73
Price/Sales
2.000.761.89
Price/Cash Flow
30.5417.6930.29
Price/Earnings
BRK.A
ALL
PGR

Financial Strength

Metric
BRK.A
ALL
PGR
Quick Ratio
Current Ratio
Interest Coverage
25.024.9019.27
Quick Ratio
No chart available

Profitability

Metric
BRK.A
ALL
PGR
Return on Assets (Normalized)
9.57%1.41%4.88%
Return on Equity (Normalized)
18.65%9.70%23.79%
Return on Invested Capital (Normalized)
15.43%6.92%17.59%
Return on Assets
BRK.A
ALL
PGR
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Insurance - Diversified Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BRK.B
Berkshire Hathaway Inc Class BPtyfxmkrchDfc$865.4 Bil
ALIZY
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AXAHY
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ZURVY
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AIG
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SLF
Sun Life Financial IncVdsspwsgcCqxm$30.6 Bil
AVVIY
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AEG
Aegon Ltd ADRHknhcnwsvWlcks$11.1 Bil
AGESY
Ageas SA/ NV ADRHqlhVjrq$8.4 Bil

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