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7. Berkshire Hathaway
Berkshire Hathaway
Financials: Latest Results
Rank: 7 (Previous rank: 7)
CEO: Warren E. Buffett
Was this company a 2011 top stock?

Berkshire Hathaway had its share of setbacks in 2011, but CEO Warren Buffett was still able to say that his company's book value growth handily outperformed the S&P 500. It was the 39th year he was able to make such a claim. Berkshire shareholders, on the other hand, underperformed the broader market in 2011 with their investment in the Omaha, Nebraska-based holding company.

Earnings fell by 20.9% at Berkshire in 2011, thanks in part to high catastrophe losses in its insurance business and continued sluggishness in its housing-related businesses. Total revenues rose by 5.5% to $143.7 billion. Buffett called out five businesses for their particularly strong performance, which he expects will continue to post profit growth in 2012: BNSF, Iscar, Lubrizol, Marmon Group, and MidAmerican Energy.

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Key financials $ millions % change
from 2010
Revenues 143,688.0 5.5
Profits 10,254.0 -20.9
Assets 392,647.0
Stockholders' equity 164,850.0
Market value (3/29/2012) 202,095.1
Profits as % of  
Revenues 7.1
Assets 2.6
Stockholders' equity 6.2
Earnings per share  
2011 $ 6215.00
% change from 2010 -21.6
2001-2011 annual growth rate % 28.1
Total return to investors %
2011 -4.7
2001-2011 annual rate 4.3
Rank Company 500
rank
Revenues
($ millions)
1 Berkshire Hathaway 7 143,688.0
2 American International Group 33 71,730.0
3 Liberty Mutual Insurance Group 84 34,671.0
4 Allstate 93 32,654.0
5 Travelers Cos. 112 25,446.0
6 Hartford Financial Services Group 131 21,918.0
7 United Services Automobile Assn. 144 19,036.1
8 Progressive 169 15,508.1
9 Loews 190 14,127.0
10 Chubb 202 13,585.0
11 Assurant 310 8,272.8
12 American Family Insurance Group 382 6,400.2
13 W.R. Berkley 471 5,156.0
14 Fidelity National Financial 472 5,153.7
15 Erie Insurance Group 497 4,824.0
Issue date: May 21, 2012
Acquired Lubrizol (2010 rank: 423), Sept. 16, 2011.
Galleries and more
Headquarters
MAPS
Berkshire Hathaway
3555 Farnam St.
Omaha, NE 68131
402-346-1400
www.berkshirehathaway.com
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Fortune 500+
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Rank # of Fortune 500 Companies
California 53
Texas 52
New York 50
Company Rank
Google 73
NetApp 474
NuStar Energy 377
Company 2011 $ (millions)
Exxon $41,060.0
Chevron $26,895.0
Apple $25,922.0
FAQ and methodology
Included in the survey are U.S. incorporated companies filing financial statements with a government agency. This includes private companies... More
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