Revenues of Berkshire Hathaway 2023, by operating business
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.