BERKSHIRE HATHAWAY INC

Berkshire Hathaway operates as a diversified holding company managing subsidiaries across multiple distinct business sectors. Its primary operations span insurance and reinsurance through units including GEICO, the Berkshire Hathaway Primary Group, and the Berkshire Hathaway Reinsurance Group, underwriting property, casualty, auto, healthcare liability, and life coverage. In addition to insurance underwriting, the enterprise conducts commercial activities across railroad freight transportation, energy generation and distribution, pipeline utilities, manufacturing of consumer and commercial goods, retail automotive sales, grocery distribution, and travel center services.

The company delivers its freight, energy, commercial products, retail goods, and underwriting protection to individuals, retail consumers, commercial businesses, and corporate clients. Its operational base and properties are primarily concentrated in the United States, alongside business exposure in Western Europe, the Asia-Pacific region, and other international geographic areas. Berkshire Hathaway maintains its central corporate headquarters and parent operations within the United States.

Summary of the business section of Berkshire Hathaway's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“Berkshire and its operating subsidiaries employed approximately 387,800 people worldwide at the end of 2025, of which approximately 80% were in the United States (“U.S.”) and 19% were represented by unions.”