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Berkshire Hathaway Inc. Comparative Financial Statements Income Statement for Years Ended December 31, 2021, 2022, 2023 Revenue : $276,094, $295,812, $314,523 Cost of Revenue :
Berkshire Hathaway Inc. Comparative Financial Statements
Income Statement for Years Ended December 31, 2021, 2022, 2023
- Revenue: $276,094, $295,812, $314,523
- Cost of Revenue: $156,432, $169,459, $181,876
- Gross Profit: $119,662, $126,353, $132,647
- Operating Expenses: $54,837, $57,298, $59,867
- Operating Income: $64,825, $69,055, $72,780
- Interest Expense: $4,230, $4,389, $4,521
- Income Before Tax: $60,595, $64,666, $68,259
- Income Tax Expense: $12,119, $12,933, $13,652
- Net Income: $48,476, $51,733, $54,607
Balance Sheet as of December 31, 2021, 2022, 2023
- Assets
- Current Assets: $142,658, $148,765, $153,873
- Property, Plant, Equipment, Net: $89,761, $92,193, $94,672
- Intangible Assets: $55,283, $57,926, $60,358
- Total Assets: $287,702, $298,884, $308,903
- Liabilities and Equity
- Current Liabilities: $51,482, $54,789, $57,293
- Long-Term Debt: $91,249, $94,368, $97,258
- Shareholders' Equity: $144,971, $149,727, $154,352
- Total Liabilities and Equity: $287,702, $298,884, $308,903
Requirements
- Calculate the gross profit margin for each year.
- Determine the operating income as a percentage of revenue for each year.
- Compute the interest coverage ratio for each year.
- Assess the return on equity for each year.
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