Berkshire Hathaway Q4 Report Highlights: Buffett’s Farewell as CEO, $373.3 Billion in Cash on Standby

2. Profit Performance: Affected by weak insurance business, fourth-quarter operating profit fell by 29.5% year-on-year to $10.2 billion. Among them, insurance underwriting profit plummeted by 54%, and insurance investment income also declined by nearly 25%. 3. Capital Allocation: Despite the mediocre performance during the quarter, Buffett still refused to repurchase his own company's shares. Although the company's cash reserves slightly decreased from the previous quarter's historical high, they still reached $373.3 billion. 4. Historical Performance: In 2025, Berkshire's stock price rose by 10%. Although it lagged behind the S&P 500 Index, its cumulative increase since 1965 has exceeded 6,000,000%, demonstrating the miracle of compounding returns across eras. Expand