The Berkshire Archive

2015

Index Book About

Berkshire Hathaway · Year by year

2015

Annual percentage change
Measure 2015
Per-share book value of Berkshire 6.4
Market value of Berkshire (12.5)
S&P 500 with dividends included 1.4
Where 2015’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash23.7
  • Fixed income16.2
  • Common stocks51.7
  • Financial products8.4
  • Utility, energy, rail35.7
  • Other net assets28.3

Funded by

  • Net worth100.0
  • Debt5.6
  • Insurance float33.9
  • Deferred tax float24.4
What the company was made of — percent of net worth. Every dollar of net worth carried $1.64 of assets.

Note: figures in parentheses are losses. Source: Berkshire Hathaway annual reports.

The 2015 letter The 2015 meeting

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