Berkshire Hathaway Ret. on equity
What is the Ret. on equity of Berkshire Hathaway?
The Ret. on equity of Berkshire Hathaway Inc. is 2.69%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Finance sector on NYSE compared to Berkshire Hathaway
What does Berkshire Hathaway do?
Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. It provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. The company also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydro, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets. In addition, the company manufactures boxed chocolates and other confectionery products; specialty chemicals, metal cutting tools, and components for aerospace and power generation applications; and flooring, insulation, roofing and engineered, building and engineered components, paints and coatings, and bricks and masonry products, as well as offers manufactured and site-built home construction, and related lending and financial services; and recreational vehicles, apparel products, jewelry, and custom picture framing products, and alkaline batteries. Further, it manufactures castings, forgings, fasteners/fastener systems, and aerostructures; and seamless pipes, fittings, downhole casing and tubing, and various mill forms. Additionally, the company distributes televisions and information; franchises and services quick service restaurants; distributes electronic components; and offers logistics services, grocery and foodservice distribution services, and professional aviation training and shared aircraft ownership programs. It also retails automobiles; furniture, bedding, and accessories; household appliances, electronics, and computers; jewelry, watches, crystal, china, stemware, flatware, gifts, and collectibles; kitchenware; and motorcycle apparel and equipment. The company was incorporated in 1998 and is headquartered in Omaha, Nebraska.
Companies with ret. on equity similar to Berkshire Hathaway
- SigmaRoc plc has Ret. on equity of 2.68%
- UCB SA has Ret. on equity of 2.68%
- China MeiDong Auto has Ret. on equity of 2.68%
- Times Guaranty has Ret. on equity of 2.68%
- Waterloo Brewing has Ret. on equity of 2.68%
- Blancco Technology Plc has Ret. on equity of 2.69%
- Berkshire Hathaway has Ret. on equity of 2.69%
- BlackRock Municipal Income Trust II has Ret. on equity of 2.69%
- Bosch has Ret. on equity of 2.70%
- Transurban Stapled Securities has Ret. on equity of 2.70%
- Yip's Chemical has Ret. on equity of 2.70%
- Shangri-La Asia has Ret. on equity of 2.71%
- Iep Invest, NV has Ret. on equity of 2.71%