The Berkshire Archive

2016

Index Book About

Berkshire Hathaway · Year by year

2016

Annual percentage change
Measure 2016
Per-share book value of Berkshire 10.7
Market value of Berkshire 23.4
S&P 500 with dividends included 12.0
Where 2016’s change in book value came from
Where the change came from — points of per-share book value

Assets

  • Cash24.8
  • Fixed income13.2
  • Common stocks47.6
  • Financial products7.7
  • Utility, energy, rail33.7
  • Other net assets41.8

Funded by

  • Net worth100.0
  • Debt9.5
  • Insurance float32.1
  • Deferred tax float27.3
What the company was made of — percent of net worth. Every dollar of net worth carried $1.69 of assets.

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

What happened

The 2016 letter The 2016 meeting

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