公司财务表现 - 第三季度运营收益达到135亿美元，高于去年同期的101亿美元和上一季度的112亿美元，增长主要归因于保险收入激增[2] - 公司现金及等价物持有量增至3817亿美元，创下历史新高[2][4][6] - 现金储备在第二季度略微下降至3441亿美元后再次增长[4] 现金储备与投资策略 - 绝大部分现金储备投资于短期国库券[4] - 现金储备被视为可投资的“干火药”，用于符合公司价值导向的收购和投资策略[4] - 创纪录的现金储备可能表明公司在等待合适的交易机会，目前通过持有现金和国库券产生低风险收益，同时可能等待股市出现更好的买入机会[4] 股票回购与股东回报 - 公司未宣布股票回购，再次避免回购任何股份[6][7] - 这延长了自2018年巴菲特获得扩展回购授权以来最长的无回购时期之一[7] - 公司通常在认为股票被低估时进行回购，回购通过增加每股收益占比来提升投资者回报[7] 股价表现与市场预期 - 公司B类股今年迄今上涨6.1%，落后于基准标普500指数16.3%的涨幅，这与去年公司股价略微跑赢大盘的情况相反[8] - 股价增长可能受到所谓的“巴菲特溢价”消失的影响[8] - 多年来交易员对巴菲特投资能力的信心使公司获得更高估值，随着其将控制权移交副主席格雷格·阿贝尔，公司可能不再受益于这种商誉[8] 公司治理与领导层变动 - 投资者密切关注公司，因为被誉为“奥马哈先知”的巴菲特表示将在年底卸任首席执行官[3][7]

Berkshire Hathaway delivered a robust blowout in its Q3 2025 earnings, showcasing another strong quarter under Warren Buffett's leadership. The conglomerate's net earnings attributable to shareholders... ...

Yang Chenglin / Xinhua/ Getty Images Warren Buffett speaks to reporters during the company's annual shareholders meeting in Omaha, Nebraska, on May 4, 2019. Key Takeaways Warren Buffett's Berkshire Hathaway reported that its profit rose in the third quarter, while its cash pile ballooned to a new record of more than $381.7 billion. The company did not announce share buybacks. Berkshire Hathaway (BRK.A; BRK.B)'s cash stockpile hit yet another high, according to the conglomerate's third quarter earnin ...

The conglomerate inches closer to Warren Buffett's retirement as CEO with a record cash pile. ...

The company, led by Warren Buffett, reports earnings on Saturday. Buffett has only two months left before he steps down as CEO. ...

公司概况与业绩预期 - 伯克希尔哈撒韦是一家业务多元化的巨型综合企业，业务涵盖保险、能源和铁路等领域，在沃伦·巴菲特的领导下已发展成为一家价值1万亿美元的公司 [1] - 公司定于2025年11月1日发布季度财报，分析师预计其每股收益为8.73美元，营收为902.5亿美元 [1] 市场表现与领导层变动 - 公司股票今年表现逊于市场，仅上涨5%，而同期标普500指数上涨了17% [2] - 公司面临关键时期，现年95岁的首席执行官沃伦·巴菲特计划于年底退休 [2] - 格雷格·阿贝尔将接任首席执行官，其深谙巴菲特的战略与原则，预计公司运营不会发生剧烈变动 [5] 财务指标与估值水平 - 公司市盈率为16.41，显示投资者为其每美元盈利愿意支付的价格 [3] - 市销率为2.75，企业价值与销售额比率为2.82，反映了市场对其营收和总价值的评估 [3] - 企业价值与营运现金流比率为38.64，显示了公司估值与其营运产生的现金流的比较关系 [3] 财务健康状况 - 公司的收益率为6.09%，代表了股东的投資回报率 [4] - 资本结构保守，债务权益比率低至0.19 [4] - 流动比率高达46.06，凸显了其用短期资产覆盖短期负债的强大能力 [4]

Berkshire Hathaway is about to release its final quarterly report under CEO Warren Buffett.Warren Buffett is serving his final months as CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). At the company's annual shareholder meeting in May, the billionaire investor announced he would step down by the end of 2025. So Berkshire's November earnings report will be his last as CEO.Investor worry over Buffett's pending exit has the stock price down by more than 9% since the announcement. Yet the upcoming quart ...

Key Points Netflix's high share price and its prior history make it a top candidate for a stock split soon. The company's growth prospects further increase the likelihood. 10 stocks we like better than Netflix › It's always hard to predict the next major stock split on Wall Street, but investors can consider several factors to make an educated guess. First, the higher a corporation's stock price, the more likely it is a split is forthcoming, all else being equal. Second, businesses with attractive ...

Berkshire Hathaway Inc. (NYSE:BRK-B) is one of the stocks on Jim Cramer’s radar recently. When a caller inquired about the stock during the episode, Cramer commented: “One of the things I mentioned in, I didn’t mean to be critical, in How to Make Money in Any Market, but you know, Warren says, why not just own the S&P? Well, how about if someone said, why not just own Berkshire Hathaway? They did a heck of a lot better. Hey, you know what, I mean, sometimes there’s a Purloined Letter in this business.” ...

Warren Buffett has long been regarded as one of the wealthiest individuals in the world, with a net worth now in the hundred billions. And while other wealthy individuals are worth even more right now, Buffett is among the most stable. He’s regarded in financial circles as smart, wise and worthy of listening to. Check Out: If Warren Buffett’s Wealth Was Evenly Distributed Across America, How Much Money Would Every Person Get? Read More: 7 Luxury SUVs That Will Become Affordable in 2025 Of course, we expec ...