In 2023, Berkshire Hathaway’s most profitable operating business was manufacturing. Manufacturing business generated over 75.4 billion U.S. dollars in revenues. Berkshire Hathaway Primary Group and Berkshire Hathaway Reinsurance Group generated around 17.1 billion and 27 billion U.S. dollars, respectively. In the same year, GEICO, an auto insurance subsidiary of Berkshire Hathaway, generated a revenue of approximately 39.3 billion U.S. dollars.
Berkshire Hathaway
Berkshire Hathaway is headquartered in Omaha, Nebraska and has been led by Warren Buffett, the famed billionaire investor, since the 1960s. McLane was acquired by Berkshire in 2003 and was one of the most valuable logistics service providers globally in 2021.
GEICO
GEICO are headquartered in Chevy Chase, Maryland. They had one of the most valuable insurance brands in the world and their earned premiums have been increasing year-on-year over the past decade. They are well-known for their humorous ad campaigns, which often feature the GEICO gecko, which likely contribute to their high standing as a brand.
Revenues of Berkshire Hathaway in 2023, by operating business
(in billion U.S. dollars)
Insurance underwriting revenue, which totals app. 83.4 billion U.S. dollars from the three subsidiaries included in the data: GEICO, Berkshire Hathaway Reinsurance Group and Berkshire Hathaway Primary Group. Figures have been rounded.
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Berkshire Hathaway. (February 24, 2024). Revenues of Berkshire Hathaway in 2023, by operating business (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/210416/revenue-of-berkshire-hathaway/
Berkshire Hathaway. "Revenues of Berkshire Hathaway in 2023, by operating business (in billion U.S. dollars)." Chart. February 24, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/210416/revenue-of-berkshire-hathaway/
Berkshire Hathaway. (2024). Revenues of Berkshire Hathaway in 2023, by operating business (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/210416/revenue-of-berkshire-hathaway/
Berkshire Hathaway. "Revenues of Berkshire Hathaway in 2023, by Operating Business (in Billion U.S. Dollars)." Statista, Statista Inc., 24 Feb 2024, https://www.statista.com/statistics/210416/revenue-of-berkshire-hathaway/
Berkshire Hathaway, Revenues of Berkshire Hathaway in 2023, by operating business (in billion U.S. dollars) Statista, https://www.statista.com/statistics/210416/revenue-of-berkshire-hathaway/ (last visited November 21, 2024)
Revenues of Berkshire Hathaway in 2023, by operating business (in billion U.S. dollars) [Graph], Berkshire Hathaway, February 24, 2024. [Online]. Available: https://www.statista.com/statistics/210416/revenue-of-berkshire-hathaway/