Berkshire Hathaway (BRK-B)

Financials

Business overview

Berkshire Hathaway owns insurers, a freight railroad, utilities and many other businesses. Its subsidiaries also make products and sell goods and services.

Suppliers, customers & competitors

Key suppliers

Suppliers provide nickel, titanium, cobalt and other specialty metals used in Precision Castparts’ aerospace and industrial components.
Petroleum and petrochemical feedstocks supply Lubrizol’s lubricant additives and performance-material manufacturing.

Customers and buyers

Individuals buy GEICO auto insurance mainly online or by phone. Berkshire’s other insurers cover businesses, healthcare professionals and other specialized risks.
Manufacturers, agricultural businesses and natural-resource producers pay BNSF to transport products and commodities across its rail network.
Retail customers buy electricity and natural gas from Berkshire Hathaway Energy’s regulated utilities; utilities and other customers also buy pipeline transportation.
Boeing, Airbus, GE Aerospace, Rolls-Royce and Pratt & Whitney buy aerospace components from Berkshire’s Precision Castparts subsidiary. BA
Walmart buys wholesale distribution services from Berkshire’s McLane subsidiary. McLane also serves convenience stores, restaurants and other retailers.

Competitors by business area

Business area	Main competitors
Auto insurance	Progressive competes with GEICO in private passenger auto insurance, where price and customer service influence policyholders. Allstate competes with GEICO for private passenger auto insurance customers, where price and service influence policy choices.
Freight rail	Union Pacific is BNSF’s principal rail competitor in the western United States, overlapping its freight transportation network.

Reviewed 16 October 2026. Sources: BERKSHIRE HATHAWAY INC 10-K, year ended 2025-12-31 (2026-03-02)

Historical financial charts are unavailable for this security in the current snapshot.