Berkshire's Cash Reaches $382 Billion

Here's our initial take on Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) third-quarter financial report.

First, let's start with the operating earnings generated by Berkshire Hathaway's businesses, and this was good news. The company generated $13.5 billion in operating income, up by 34% year over year, and there were a couple of main drivers. For one thing, insurance underwriting income normalized in the third quarter ($2.4 billion vs. $750 million a year ago), partly thanks to a generally less active natural disaster season.

Income from the BNSF Railroad business grew 5% year over year, while Income from the Berkshire Hathaway Energy business fell by 9%. Insurance investment income was lower, but this was mainly due to the lower interest rate environment compared with 2024 (this includes interest from Berkshire's Treasury securities).

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Source Fool.com