Warren Buffett Celebrates 93rd Birthday with Record-Breaking Berkshire Hathaway Class A Stock Worth $118 Billion
August 12, 2023
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On August 30th, Warren Buffett is celebrating his 93rd birthday with a very special gift – the Class A stock of his company, Berkshire Hathaway ($NYSE:BRK.A), is now worth an all-time high of $118 billion. Buffett’s company, Berkshire Hathaway, is a multinational conglomerate holding company headquartered in Omaha, Nebraska. The company has an extensive portfolio that includes a variety of subsidiaries such as Duracell, Dairy Queen, GEICO, and Fruit of the Loom. It also owns several notable companies such as BNSF Railway, Helzberg Diamonds, and Pilot Flying J. With its diversified holdings and investments, Berkshire Hathaway is now one of the largest companies in the world.
It is also a fitting way to celebrate his 93rd birthday. With Buffett’s continued leadership, it appears that Berkshire Hathaway will continue to grow in the years to come.
Stock Price
The stock opened at $540021.5 and closed at $533600.0, down by 1.4% from the previous closing price of $541000.0. With its portfolio of investments, the company is well-positioned to benefit from any market changes that may occur. Overall, this milestone for Berkshire Hathaway is an incredible achievement, and the company is likely to continue to experience success in the coming years.
As Warren Buffett continues to build a legacy of successful investment decisions, investors will continue to be drawn to the company’s portfolio of stocks and other assets. This birthday celebration is sure to be one for the books, and Berkshire Hathaway is sure to continue to experience success as the years go on. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Berkshire Hathaway. More…
| Total Revenues | Net Income | Net Margin |
| 401.76k | 86.64k | 21.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Berkshire Hathaway. More…
| Operations | Investing | Financing |
| 42.99k | -10.69k | -12.9k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Berkshire Hathaway. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.04M | 489.81k | 372.97k |
Key Ratios Snapshot
Some of the financial key ratios for Berkshire Hathaway are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.5% | – | 28.0% |
| FCF Margin | ROE | ROA |
| 6.5% | 13.5% | 6.8% |
Analysis
GoodWhale has recently analyzed the financials of BERKSHIRE HATHAWAY. Our Star Chart shows that the company has a surprisingly high health score of 8/10, indicating that it is capable of riding out any crisis without the risk of bankruptcy. We have classified BERKSHIRE HATHAWAY as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. The company is strong in terms of growth, medium with assets, and weak in terms of dividend and profitability. Based on this information, we can conclude that investors looking for high risk/high reward opportunities may be interested in BERKSHIRE HATHAWAY. However, those with a more conservative investing approach should approach this company with caution. More…
Peers
It is one of the most successful and well-known public companies in the world and is the largest company in the world by revenue. Its main competitors include Markel Corp, Aon PLC, and Globe Life Inc. These companies are all well-established and respected within their respective industries.
– Markel Corp ($NYSE:MKL)
Markel Corporation is a financial services holding company, founded in 1930 and headquartered in Richmond, Virginia. Markel provides insurance, reinsurance, and investment products to customers worldwide. As of 2022, Markel Corporation has a market capitalization of 17.34 billion, reflecting the company’s impressive size and scope. Markel has also displayed strong financial performance, with a Return on Equity of 1.39%. This figure represents how efficiently the company is able to turn a profit and reinvest it into further growth opportunities. Markel’s strong financial performance and market capitalization demonstrate the company’s ability to provide quality services and products to its customers.
– Aon PLC ($NYSE:AON)
Aon PLC is an international professional services firm providing risk, retirement, and health solutions. The company has a market cap of 64.12 billion as of 2022, making it one of the largest companies in the world. Its Return on Equity (ROE) of -4878.79% indicates that the company is not making much profit from its investments. This could be due to the fact that Aon PLC is a relatively new company, having been founded in 2019. The company is likely still in its growth phase, and its market cap and ROE may grow in the future as its operations expand.
– Globe Life Inc ($NYSE:GL)
Globe Life Inc is a Dallas-based insurance provider that operates in the United States and Canada. It is a publicly traded company with a market capitalization of 11.42 billion dollars as of 2022. It has a return on equity of 11.17%, which indicates that the company is efficiently utilizing its shareholders’ equity to generate profits. The company offers a variety of life insurance, annuity, and supplemental health products to individuals, families, and businesses. It also provides long-term care insurance, group insurance, and other financial products. Globe Life Inc has been a household name in the United States for over 70 years, providing peace of mind and financial security to customers.
Summary
Berkshire Hathaway, the iconic holding company helmed by Warren Buffett, has seen its Class A stock reach record heights in recent months. This marks a significant milestone for the company, as it adds to Buffett’s already substantial fortune of $118 billion. The strong performance of Berkshire Hathaway stock indicates that investors have confidence in the company’s future prospects.
While past performance is not an indicator of future success, the bullish sentiment in the market indicates that Berkshire Hathaway may be a good stock for investors to add to their portfolio. Analysts recommend conducting thorough research prior to investing to determine if Berkshire Hathaway is the right stock for you.
