From Financial Modeling Prep: 2025-02-25 02:05:18

Berkshire Hathaway’s shares hit an all-time high after reporting a record quarterly profit fueled by its insurance division. Q4 operating profit rose 71% to $14.53 billion, with full-year profit reaching $47.44 billion. Cash reserves grew to $334.2 billion, with Apple as its largest stock holding. Buffett’s net worth now stands at $155.5 billion.

Geico, Berkshire’s auto insurance unit, drove gains with improved underwriting profitability. Despite cutting 2,300 jobs, profits more than doubled in 2024 under CEO Todd Combs.

Investors are eyeing Berkshire’s strong cash position and investment strategy for potential capital deployment and stock repurchases. The company’s financials and rating provide insights into its financial strength and risk profile.

With a stellar quarter and growing cash reserves, Berkshire Hathaway continues to exceed expectations, showcasing Buffett’s enduring investment principles.



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