
Last update at 2026-06-05T20:26:00Z
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Heidelberg Materials AG: Bestinfond's Strategic Exit with a -3.3% Portfolio Impact
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Sun 18 May 25, 07:17 PM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -30576.00000M | 111686.00M | 55693.00M | 102696.00M | 4001.00M |
| Minority interest | -761.00000M | -1012.00000M | 732.00M | 375.00M | 301.00M |
| Net income | -22819.00000M | 89795.00M | 42521.00M | 81417.00M | 4021.00M |
| Selling general administrative | 5550.00M | 4201.00M | 3520.00M | 4003.00M | 4061.00M |
| Selling and marketing expenses | 19506.00M | 18843.00M | 19809.00M | 19322.00M | 18238.00M |
| Gross profit | 177770.00M | 354636.00M | 286256.00M | 327223.00M | 247837.00M |
| Reconciled depreciation | 10899.00M | 10718.00M | 10596.00M | 10064.00M | 9779.00M |
| Ebit | -26985.00000M | -82425.00000M | 59044.00M | 106282.00M | 7553.00M |
| Ebitda | -16086.00000M | -71707.00000M | 69640.00M | 116346.00M | 17332.00M |
| Depreciation and amortization | 10899.00M | 10718.00M | 10596.00M | 10064.00M | 9779.00M |
| Non operating income net other | - | 79537.00M | 41472.00M | 73783.00M | -24622.00000M |
| Operating income | 37323.00M | 111686.00M | 59044.00M | 106282.00M | 26456.00M |
| Other operating expenses | 264766.00M | 242950.00M | 230563.00M | 224527.00M | 221381.00M |
| Interest expense | 4352.00M | 4172.00M | 4083.00M | 3961.00M | 3853.00M |
| Tax provision | -8518.00000M | 20879.00M | 12440.00M | 20904.00M | -321.00000M |
| Interest income | 66036.00M | 7465.00M | 8092.00M | 9240.00M | 7678.00M |
| Net interest income | -4352.00000M | -4172.00000M | -4083.00000M | -3961.00000M | -3853.00000M |
| Extraordinary items | - | - | 0.00000M | 0.00000M | 302.00M |
| Non recurring | - | - | 10671.00M | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | -8518.00000M | 20879.00M | 12440.00M | 20904.00M | -321.00000M |
| Total revenue | 302089.00M | 354636.00M | 245510.00M | 254616.00M | 247837.00M |
| Total operating expenses | 264766.00M | 242950.00M | 74294.00M | 105712.00M | 221381.00M |
| Cost of revenue | 124319.00M | 114138.00M | 101091.00M | 107041.00M | 106083.00M |
| Total other income expense net | 67899.00M | 193099.00M | -3351.00000M | -3586.00000M | 22455.00M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | -22058.00000M | 90807.00M | 43253.00M | 81792.00M | 4322.00M |
| Net income applicable to common shares | -22819.00000M | 89795.00M | 42521.00M | 81417.00M | 4021.00M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 948452.00M | 958784.00M | 873729.00M | 817729.00M | 707794.00M |
| Intangible assets | 29187.00M | 28486.00M | 30684.00M | 31646.00M | 32148.00M |
| Earning assets | - | - | - | - | - |
| Other current assets | 26543.00M | 21805.00M | 19884.00M | 20454.00M | 19691.00M |
| Total liab | 467835.00M | 443854.00M | 422393.00M | 389166.00M | 355294.00M |
| Total stockholder equity | 472360.00M | 506199.00M | 443164.00M | 424791.00M | 348703.00M |
| Deferred long term liab | 13670.00M | 14039.00M | 15691.00M | 16684.00M | 16762.00M |
| Other current liab | 8618.00M | 4529.00M | 5648.00M | 8080.00M | 7808.00M |
| Common stock | 8.00M | 8.00M | 8.00M | 8.00M | 8.00M |
| Capital stock | 8.00M | 8.00M | 8.00M | 8.00M | 8.00M |
| Retained earnings | 511602.00M | 534421.00M | 444626.00M | 402493.00M | 321112.00M |
| Other liab | 294324.00M | 282956.00M | 259093.00M | 241535.00M | 217294.00M |
| Good will | 78119.00M | 73875.00M | 73734.00M | 81882.00M | 81025.00M |
| Other assets | 72514.00M | 67612.00M | 63806.00M | 55416.00M | 51147.00M |
| Cash | 35811.00M | 88184.00M | 47990.00M | 64175.00M | 30361.00M |
| Cash and equivalents | 35811.00M | 88184.00M | 47990.00M | 64175.00M | 30361.00M |
| Total current liabilities | 62502.00M | 45234.00M | 45626.00M | 44441.00M | 44883.00M |
| Current deferred revenue | 6820.00M | -2351.00000M | -3348.00000M | -4686.00000M | -4373.00000M |
| Net debt | 86933.00M | 26078.00M | 68905.00M | 39193.00M | 67129.00M |
| Short term debt | 2429.00M | 2351.00M | 3348.00M | 4686.00M | 4373.00M |
| Short long term debt | 2429.00M | 2351.00M | 3348.00M | 4686.00M | 4373.00M |
| Short long term debt total | 122744.00M | 114262.00M | 116895.00M | 103368.00M | 97490.00M |
| Other stockholder equity | -32659.00000M | -24203.00000M | 2773.00M | 27533.00M | 32598.00M |
| Property plant equipment | 201940.00M | 196373.00M | 187017.00M | 174341.00M | 166706.00M |
| Total current assets | 176886.00M | 186284.00M | 174142.00M | 163832.00M | 166788.00M |
| Long term investments | 454745.00M | 443063.00M | 37713.00M | 53717.00M | 53503.00M |
| Net tangible assets | 363762.00M | 402687.00M | 339968.00M | 311858.00M | 236179.00M |
| Short term investments | 92774.00M | 58535.00M | 90300.00M | 63822.00M | 81506.00M |
| Net receivables | 48301.00M | 39565.00M | 35852.00M | 35835.00M | 35230.00M |
| Long term debt | 120315.00M | 111911.00M | 113547.00M | 968.00M | 2452.00M |
| Inventory | 25366.00M | 20954.00M | 19208.00M | 19852.00M | 19069.00M |
| Accounts payable | 49816.00M | 46072.00M | 44503.00M | 42319.00M | 37186.00M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | 8731.00M | 8172.00M | 3772.00M | 3797.00M |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -6591.00000M | -4027.00000M | -4243.00000M | -5243.00000M | -5015.00000M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | 8.00M | 8.00M | 8.00M | 8.00M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | 534421.00M | 444626.00M | 402493.00M | 321112.00M |
| Treasury stock | - | -59795.00000M | -32853.00000M | -8125.00000M | -3109.00000M |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | -77020.00000M | -90243.00000M | -74098.00000M | -66799.00000M | -2104.00000M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 672509.00M | 683083.00M | 615897.00M | 578027.00M | 489859.00M |
| Capital lease obligations | - | - | - | - | - |
| Long term debt total | 120315.00M | 111911.00M | 113547.00M | 968.00M | 2452.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -87601.00000M | 29392.00M | -379.00000M | 270.00M | -1429.00000M |
| Change to liabilities | 1861.00M | 2306.00M | 12158.00M | 17078.00M | -1161.00000M |
| Total cashflows from investing activities | -87601.00000M | 29392.00M | -37757.00000M | -5621.00000M | -32849.00000M |
| Net borrowings | 8171.00M | -752.00000M | 6791.00M | 6077.00M | -4123.00000M |
| Total cash from financing activities | -1662.00000M | -28508.00000M | -18344.00000M | 730.00M | -5812.00000M |
| Change to operating activities | 6486.00M | 7100.00M | 8393.00M | 4623.00M | 4793.00M |
| Net income | -22058.00000M | 90807.00M | 43253.00M | 81792.00M | 4322.00M |
| Change in cash | -52307.00000M | 40310.00M | -16236.00000M | 33821.00M | -1401.00000M |
| Begin period cash flow | 88706.00M | 48396.00M | 64632.00M | 30811.00M | 32212.00M |
| End period cash flow | 36399.00M | 88706.00M | 48396.00M | 64632.00M | 30811.00M |
| Total cash from operating activities | 37224.00M | 39421.00M | 39773.00M | 38687.00M | 37400.00M |
| Issuance of capital stock | - | - | - | - | - |
| Depreciation | 10899.00M | 10718.00M | 10596.00M | 10064.00M | 9779.00M |
| Other cashflows from investing activities | -72137.00000M | 297.00M | -24366.00000M | 10088.00M | -16883.00000M |
| Dividends paid | - | - | - | - | - |
| Change to inventory | -4779.00000M | -1862.00000M | 681.00M | 681.00M | - |
| Change to account receivables | -5592.00000M | -5834.00000M | -1609.00000M | -2303.00000M | -3443.00000M |
| Sale purchase of stock | -7854.00000M | -27061.00000M | -24706.00000M | -4850.00000M | -1346.00000M |
| Other cashflows from financing activities | 10120.00M | 5601.00M | 12823.00M | 13313.00M | 7142.00M |
| Change to netincome | 64060.00M | -79961.00000M | -40905.00000M | -72377.00000M | 25112.00M |
| Capital expenditures | 15464.00M | 13276.00M | 13012.00M | 15979.00M | 14537.00M |
| Change receivables | - | -5834.00000M | -1609.00000M | -2303.00000M | -3443.00000M |
| Cash flows other operating | - | 4711.00M | 16280.00M | 4433.00M | 2791.00M |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | 40305.00M | -16328.00000M | 33796.00M | -1261.00000M |
| Change in working capital | -14916.00000M | 18869.00M | 15566.00M | 19208.00M | -1813.00000M |
| Stock based compensation | - | - | - | - | - |
| Other non cash items | 63299.00M | -80973.00000M | -29642.00000M | -72377.00000M | 25112.00M |
| Free cash flow | 21760.00M | 26145.00M | 26761.00M | 22708.00M | 22863.00M |
Sector: Financial Services Industry: Insurance - Diversified
| Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
|---|---|---|---|---|---|---|---|
| BRK-B Berkshire Hathaway Inc |
9.50 1.98% | 488.13 | 10.15 | 16.16 | 2.21 | 1.47 | 2.16 |
| BRK-A Berkshire Hathaway Inc |
15130.00 2.11% | 733550.00 | 10.31 | 16.31 | 2.20 | 1.50 | 2.16 |
| ALIZY Allianz SE ADR |
-0.23 0.53% | 42.87 | 14.10 | 12.79 | 1.54 | 2.37 | 1.12 |
| ALIZF Allianz SE |
0.005 0.0011% | 443.09 | 13.97 | 12.66 | 1.53 | 2.34 | 1.12 |
| AXAHY Axa SA ADR |
-0.2 0.44% | 45.49 | 12.49 | 10.32 | 1.09 | 1.86 | 1.19 |
Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; flooring products; insulation, roofing, and engineered products; building and engineered components; paints and coatings; and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services. Further, it provides recreational vehicles, apparel and footwear products, jewelry, and custom picture framing products, as well as alkaline batteries; castings, forgings, fasteners/fastener systems, aerostructures, and precision components; and cobalt, nickel, and titanium alloys. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle clothing and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.
3555 Farnam Street, Omaha, NE, United States, 68131
| Name | Title | Year Born |
|---|---|---|
| Mr. Warren E. Buffett | Chairman, CEO & Pres | 1930 |
| Mr. Charles Thomas Munger | Exec. Vice Chairman | 1924 |
| Mr. Marc David Hamburg | Sr. VP, CFO & Sec. | 1950 |
| Mr. Ajit Jain | Vice Chairman of Insurance Operations & Director | 1952 |
| Mr. Gregory Edward Abel | Vice Chairman of Non Insurance Bus. Operations & Director | 1962 |
| Mr. Daniel Jerome Jaksich | VP, Controller & Principal Accounting Officer | NA |
| Mr. Michael Pille | Head of Healthcare Underwriting in Germany & Sr. Underwriter of Casualty | NA |
| Kerby S. Ham | Treasurer | NA |
| Mr. Peter James Eastwood | CEO & Pres of Specialty Insurance | NA |
| Ms. Kara Lee Raiguel | CEO & Pres of Gen. Re Unit | NA |
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