Balance sheet: Warren Buffett’s Berkshire Hathaway holds record levels of cash

Warren Buffett’s investment holding company, Berkshire Hathaway, has opened its books.

Berkshire Hathaway’s quarterly results are regularly eagerly awaited by investors. Now the star investor has opened his books and provided an insight into the business development in the fourth quarter of 2023.

Operating profit was $8.481 billion in the final quarter of 2023, up 28 percent from $6.625 billion last year.

Earnings per A share were $5,881 after $4,116 a year ago. The investment holding company thus performed 30 percent better than expected in the fourth quarter of 2022. Analysts had previously estimated EPS of $5,717.

Buffett’s holding company also held $167.6 billion in cash in the fourth quarter, a record that exceeds the $157.2 billion the conglomerate held in the previous quarter.

Annual balance sheet of Buffett Holding

For the full year 2023, Berkshire Hathaway reported operating profit of $37.35 billion – also an increase of 17 percent compared to the previous year’s figure of $30.853 billion.

13 F discloses Berkshire depot

Most recently, Buffett Holding had to disclose Form 13 to the SEC for the fourth quarter of 2023. All holdings of the investment vehicle are listed here. Paramount shares no longer made it into the star investor’s top 15.

Berkshire Hathaway B shares were down 0.50 percent at $417.22 from NYSE trading on Friday, while A shares rose 0.55 percent to $628,930.

Editorial team finanzen.net

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