Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenue | $245,510 | $276,094 | $302,089 | $364,482 | $371,433 |
Gross Profit | $14,221 | $32,149 | $35,460 | $43,338 | $55,736 |
Operating Income | N/A | N/A | N/A | N/A | N/A |
Net Income | $42,521 | $89,795 | -$22,819 | $96,223 | $88,995 |
Edwyn
Over the past five years, Berkshire Hathaway has demonstrated solid revenue growth, increasing from USD 245.51 billion in 2020 to USD 371.43 billion in 2024. This represents a steady upward trend with notable increases—particularly a roughly 20.8% jump in 2023—as the company expanded its top line. Gross profit displayed significant improvement as well, rising from USD 14.22 billion in 2020 to USD 55.74 billion in 2024. A remarkable spike occurred in 2021 when gross profit more than doubled compared to 2020, suggesting enhanced operational efficiency or favorable cost dynamics during that period. Operating income remained consistently reported at zero, indicating that the available data might not reflect operating performance nuances or that key adjustments were made in presentation. Net income, however, has experienced considerable volatility over the period. After increasing from USD 42.52 billion in 2020 to USD 89.80 billion in 2021, it sharply declined to a negative USD 22.82 billion in 2022—a swing well in excess of 20%—before recovering to USD 96.22 billion in 2023 and then slightly decreasing to USD 88.99 billion in 2024. Such fluctuations may reflect non-operational factors, unusual charges, or market-driven adjustments rather than underlying business trends. Overall, while Berkshire Hathaway’s robust revenue and gross profit growth indicate a healthy and scalable business, the notable net income variability warrants further investigation. Nonetheless, given the company’s diversified portfolio, strong operational margins, and long-standing market presence, the overall financial health appears sustainable, underscoring its resilience in a dynamic economic environment.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.