Berkshire Historical Income Statement
| BRK-B Stock | USD 456.51 2.57 0.56% |
Historical analysis of Berkshire Hathaway income statement accounts such as Total Revenue of 382.7 B, Gross Profit of 118.1 B or Other Operating Expenses of 253.4 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.
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.
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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
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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.Operating Income
Operating Income is the amount of profit realized from Berkshire Hathaway operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Berkshire Hathaway is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.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 closely tied 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 Gross Profit is forecasted to decline to about 118.1 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 354.6B | 177.8B | 123.2B | 118.1B | Total Revenue | 354.6B | 302.1B | 364.5B | 382.7B |
Berkshire Hathaway income statement Correlations
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Berkshire Hathaway Account Relationship Matchups
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Berkshire Hathaway income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 4.0B | 4.1B | 4.2B | 4.4B | 5.0B | 5.3B | |
| Total Revenue | 254.6B | 245.5B | 354.6B | 302.1B | 364.5B | 382.7B | |
| Gross Profit | 327.2B | 286.3B | 354.6B | 177.8B | 123.2B | 118.1B | |
| Other Operating Expenses | 224.5B | 230.6B | 243.0B | 264.8B | 241.3B | 253.4B | |
| Operating Income | 106.3B | 59.0B | 111.7B | 37.3B | 123.2B | 129.4B | |
| Ebitda | 116.3B | 69.6B | (71.7B) | (16.1B) | 137.7B | 144.5B | |
| Total Operating Expenses | 105.7B | 74.3B | 243.0B | 264.8B | 118.7B | 92.6B | |
| Total Other Income Expense Net | (3.6B) | (3.4B) | 193.1B | 67.9B | (3.0B) | (2.9B) | |
| Net Income | 81.4B | 42.5B | 89.8B | (22.8B) | 96.2B | 101.0B | |
| Income Tax Expense | 20.9B | 12.4B | 20.9B | (8.5B) | 23.0B | 24.2B | |
| Depreciation And Amortization | 10.1B | 10.6B | 10.7B | 10.9B | 12.5B | 13.1B | |
| Selling General Administrative | 4.0B | 3.5B | 4.2B | 5.6B | 6.0B | 5.2B | |
| Ebit | 106.3B | 59.0B | (82.4B) | (27.0B) | 125.2B | 131.4B | |
| Income Before Tax | 102.7B | 55.7B | 111.7B | (30.6B) | 120.2B | 126.2B | |
| Selling And Marketing Expenses | 19.3B | 19.8B | 18.8B | 19.5B | 22.6B | 12.7B | |
| Cost Of Revenue | 107.0B | 101.1B | 114.1B | 124.3B | 241.3B | 253.4B | |
| Net Income From Continuing Ops | 81.8B | 43.3B | 90.8B | (22.1B) | 77.6B | 39.0B | |
| Net Income Applicable To Common Shares | 81.4B | 42.5B | 89.8B | (22.8B) | (26.2B) | (24.9B) | |
| Minority Interest | 3.9B | 8.2B | 8.3B | 8.7B | (897M) | (852.2M) | |
| Tax Provision | 20.9B | 12.4B | 20.9B | (8.5B) | 17.7B | 18.6B | |
| Net Interest Income | (4.0B) | (4.1B) | (4.2B) | (4.4B) | (4.9B) | (5.1B) | |
| Interest Income | 9.2B | 8.1B | 7.5B | 66.0B | 14.3B | 17.3B | |
| Non Operating Income Net Other | (24.6B) | 73.8B | 41.5B | 79.5B | 91.5B | 96.0B | |
| Reconciled Depreciation | 10.1B | 10.6B | 10.7B | 10.9B | 12.1B | 11.5B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Berkshire Stock
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).