Berkshire Historical Income Statement

BRK-A Stock  USD 606,920  4,640  0.76%   
Historical analysis of Berkshire Hathaway income statement accounts such as Total Revenue of 382.7 B, Gross Profit of 103.9 B or Other Operating Expenses of 332.2 B can show how well Berkshire Hathaway performed in making a profits. Evaluating Berkshire Hathaway income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Berkshire Hathaway's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Berkshire Hathaway latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Berkshire Hathaway is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Berkshire Income Statement Analysis

Berkshire Hathaway Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Berkshire Hathaway shareholders. The income statement also shows Berkshire investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Berkshire Hathaway Income Statement Chart

Berkshire Hathaway Income Statement is one of the three primary financial statements used for reporting Berkshire's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Berkshire Hathaway revenue and expense. Berkshire Hathaway Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Berkshire Hathaway's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 382.7 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Berkshire Hathaway generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Berkshire Hathaway minus its cost of goods sold. It is profit before Berkshire Hathaway operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Berkshire Hathaway. It is also known as Berkshire Hathaway overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Berkshire Hathaway's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Berkshire Hathaway current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Berkshire Hathaway's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 382.7 B, whereas Selling General Administrative is forecasted to decline to about 5.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit240.5B109.9B70.9B103.9B
Total Revenue276.1B302.1B364.5B382.7B

Berkshire Hathaway income statement Correlations

0.920.410.930.11-0.030.03-0.080.310.560.570.930.260.470.830.740.37-0.11-0.15-0.770.270.530.59-0.44
0.920.180.990.15-0.030.04-0.090.110.640.540.970.050.610.780.860.39-0.190.12-0.70.380.740.8-0.62
0.410.180.2-0.35-0.23-0.21-0.390.910.090.250.310.290.050.51-0.150.230.29-0.160.06-0.31-0.26-0.330.41
0.930.990.20.12-0.07-0.01-0.140.140.620.520.980.030.580.80.840.38-0.150.09-0.720.370.710.8-0.6
0.110.15-0.350.120.890.890.75-0.370.020.060.020.14-0.02-0.150.5-0.23-0.77-0.24-0.310.02-0.10.07-0.53
-0.03-0.03-0.23-0.070.891.00.84-0.27-0.14-0.03-0.170.34-0.15-0.290.34-0.35-0.78-0.22-0.03-0.12-0.33-0.2-0.36
0.030.04-0.21-0.010.891.00.83-0.25-0.10.0-0.10.34-0.12-0.240.39-0.33-0.79-0.22-0.08-0.09-0.29-0.16-0.39
-0.08-0.09-0.39-0.140.750.840.83-0.57-0.42-0.31-0.240.34-0.45-0.310.17-0.6-0.46-0.49-0.070.3-0.25-0.2-0.19
0.310.110.910.14-0.37-0.27-0.25-0.570.290.440.250.180.270.43-0.110.460.150.10.09-0.61-0.25-0.270.31
0.560.640.090.620.02-0.14-0.1-0.420.290.940.6-0.050.980.40.690.9-0.340.56-0.57-0.260.680.63-0.63
0.570.540.250.520.06-0.030.0-0.310.440.940.520.190.890.370.610.87-0.390.38-0.57-0.420.480.4-0.51
0.930.970.310.980.02-0.17-0.1-0.240.250.60.52-0.030.570.860.770.41-0.060.1-0.660.330.670.75-0.5
0.260.050.290.030.140.340.340.340.18-0.050.19-0.03-0.140.040.04-0.05-0.14-0.46-0.23-0.09-0.23-0.270.08
0.470.610.050.58-0.02-0.15-0.12-0.450.270.980.890.57-0.140.350.670.87-0.350.7-0.44-0.280.690.63-0.63
0.830.780.510.8-0.15-0.29-0.24-0.310.430.40.370.860.040.350.470.40.15-0.06-0.460.270.440.52-0.05
0.740.86-0.150.840.50.340.390.17-0.110.690.610.770.040.670.470.36-0.60.22-0.710.180.650.77-0.88
0.370.390.230.38-0.23-0.35-0.33-0.60.460.90.870.41-0.050.870.40.36-0.10.53-0.37-0.40.530.42-0.23
-0.11-0.190.29-0.15-0.77-0.78-0.79-0.460.15-0.34-0.39-0.06-0.14-0.350.15-0.6-0.1-0.190.210.310.0-0.110.65
-0.150.12-0.160.09-0.24-0.22-0.22-0.490.10.560.380.1-0.460.7-0.060.220.53-0.190.27-0.320.410.34-0.34
-0.77-0.70.06-0.72-0.31-0.03-0.08-0.070.09-0.57-0.57-0.66-0.23-0.44-0.46-0.71-0.370.210.27-0.28-0.59-0.640.6
0.270.38-0.310.370.02-0.12-0.090.3-0.61-0.26-0.420.33-0.09-0.280.270.18-0.40.31-0.32-0.280.480.44-0.11
0.530.74-0.260.71-0.1-0.33-0.29-0.25-0.250.680.480.67-0.230.690.440.650.530.00.41-0.590.480.89-0.59
0.590.8-0.330.80.07-0.2-0.16-0.2-0.270.630.40.75-0.270.630.520.770.42-0.110.34-0.640.440.89-0.68
-0.44-0.620.41-0.6-0.53-0.36-0.39-0.190.31-0.63-0.51-0.50.08-0.63-0.05-0.88-0.230.65-0.340.6-0.11-0.59-0.68
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Berkshire Hathaway Account Relationship Matchups

Berkshire Hathaway income statement Accounts

201920202021202220232024 (projected)
Interest Expense4.0B4.1B4.2B4.4B5.0B5.3B
Total Revenue254.6B245.6B276.1B302.1B364.5B382.7B
Gross Profit220.2B185.2B240.5B109.9B70.9B103.9B
Other Operating Expenses224.5B230.6B243.0B264.8B316.4B332.2B
Operating Income(77.2B)(113.6B)(82.4B)(27.0B)48.1B50.5B
Ebit(77.2B)(113.6B)(82.4B)(27.0B)48.1B50.5B
Ebitda(67.2B)(103.0B)(71.7B)(16.1B)60.6B63.6B
Total Operating Expenses(404.5B)(399.8B)(437.1B)142.3B22.8B24.0B
Total Other Income Expense Net179.9B169.3B194.1B(3.6B)72.0B72.8B
Net Income81.4B42.5B89.8B(22.1B)96.2B101.0B
Income Tax Expense20.9B12.4B20.9B(8.5B)23.0B24.2B
Depreciation And Amortization10.1B10.6B10.7B10.9B12.5B13.1B
Selling General Administrative4.0B3.5B4.2B5.6B6.0B5.2B
Income Before Tax102.7B55.7B111.7B(30.6B)120.2B126.2B
Selling And Marketing Expenses19.3B19.8B18.8B19.5B22.6B12.7B
Cost Of Revenue107.0B101.1B114.1B124.3B293.5B308.2B
Net Income From Continuing Ops81.8B43.3B90.8B(22.1B)77.6B39.0B
Net Income Applicable To Common Shares81.4B42.5B89.8B(22.8B)(26.2B)(24.9B)
Minority Interest3.8B8.2B8.7B8.3B(897M)(852.2M)
Tax Provision20.9B12.4B20.9B(8.5B)17.7B18.6B
Net Interest Income(4.0B)(4.1B)(4.2B)(4.4B)(4.9B)(5.1B)
Interest Income9.2B8.1B7.5B66.0B14.3B17.3B
Non Operating Income Net Other(24.6B)73.8B41.5B79.5B91.5B96.0B
Reconciled Depreciation10.1B10.6B10.7B10.9B12.1B11.5B

Pair Trading with Berkshire Hathaway

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berkshire Hathaway position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berkshire Hathaway will appreciate offsetting losses from the drop in the long position's value.

Moving together with Berkshire Stock

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Moving against Berkshire Stock

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The ability to find closely correlated positions to Berkshire Hathaway could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Berkshire Hathaway when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berkshire Hathaway - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berkshire Hathaway to buy it.
The correlation of Berkshire Hathaway is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berkshire Hathaway moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkshire Hathaway moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Berkshire Hathaway can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hathaway. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Please note, there is a significant difference between Berkshire Hathaway's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hathaway is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hathaway's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.