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BRK.B
Berkshire Hathaway Inc. (Class B)
$498.98
-1.42 (-0.28%)
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Company Profile
Symbol
BRK.B
Market Cap
$1.08T
IPO Date
May 9, 1996
CEO
--
Employees
387,800
Sector
--
Industry
FIRE, MARINE & CASUALTY INSURANCE
Country
United States
Exchange
--
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 its operations 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 Precision Castparts, Lubrizol, Clayton Homes, Marmon, and IMC/ISCAR). The conglomerate is unique in that it is run on a completely decentralized basis. Berkshire is expected to generate close to $375 billion in revenue in 2025.
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