Berkshire Hathaway Energy

OverviewSuggest Edit

Berkshire Hathaway Energy Company operates in the production, transportation and delivery of energy from a variety of fuels.

TypePublic
Founded1971
HQDes Moines, US
Websiteberkshirehathawayenergyco.com
Employee Ratings2.1

Latest Updates

Employees (est.) (Dec 2018)23,000
Job Openings90
Revenue (FY, 2018)$19.8 B(+7%)

Key People/Management at Berkshire Hathaway Energy

Gregory E. Abel

Gregory E. Abel

Berkshire Hathaway Inc., Vice Chairman – Non-Insurance Business Operations Berkshire Hathaway Energy, Executive Chairman
William J. Fehrman

William J. Fehrman

Berkshire Hathaway Energy, President and CEO
Patrick J. Goodman

Patrick J. Goodman

Executive Vice President and Chief Financial Officer
Natalie L. Hocken

Natalie L. Hocken

Senior Vice President and General Counsel
Jenny A. McIvor

Jenny A. McIvor

Vice President, Environmental Policy and Chief Environmental Counsel
R. Patrick Reiten

R. Patrick Reiten

Senior Vice President, Government Relations
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Berkshire Hathaway Energy Office Locations

Berkshire Hathaway Energy has an office in Des Moines
Des Moines, US (HQ)
666 Grand Ave
Show all (1)

Berkshire Hathaway Energy Financials and Metrics

Berkshire Hathaway Energy Revenue

Berkshire Hathaway Energy's revenue was reported to be $19.79 b in FY, 2018
USD

Revenue (Q2, 2019)

4.9b

Gross profit (Q2, 2019)

3.9b

Gross profit margin (Q2, 2019), %

79%

Net income (Q2, 2019)

688.0m

EBIT (Q2, 2019)

959.0m

Cash (30-Jun-2019)

1.3b

EV

461.7b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

12.6b17.3b17.9b17.4b18.6b19.8b

Revenue growth, %

37%3%(3%)

Cost of goods sold

3.8b5.7b5.1b4.3b4.5b

Gross profit

8.8b11.6b12.8b13.1b14.1b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Revenue

3.3b4.2b4.1b4.8b4.2b4.4b5.1b4.0b4.1b5.1b4.2b4.6b5.3b4.4b5.0b5.6b4.6b4.9b

Cost of goods sold

949.0m1.6b1.3b1.4b1.4b1.2b1.4b1.1b970.0m1.2b1.1b1.0b1.2b1.2b1.1b1.3b1.2b1.0b

Gross profit

2.4b2.6b2.8b3.4b2.9b3.2b3.7b2.9b3.2b3.9b3.0b3.5b4.1b3.3b3.9b4.4b3.4b3.9b

Gross profit Margin, %

72%62%69%70%68%72%73%73%76%77%73%77%77%74%77%77%74%79%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.2b617.0m1.1b721.0m935.0m627.0m

Accounts Receivable

1.8b1.8b1.8b1.8b2.0b

Inventories

853.0m826.0m233.0m228.0m235.0m844.0m

Current Assets

4.9b5.9b5.2b4.7b5.8b5.1b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Cash

1.9b1.3b1.5b1.5b507.0m1.1b1.7b1.1b778.0m1.0b1.0b827.0m1.1b1.6b1.2b1.0b1.7b1.3b

Accounts Receivable

1.3b1.9b1.9b1.9b1.8b2.0b2.0b1.6b1.8b1.9b1.6b1.9b2.0b1.8b2.0b2.2b1.9b2.0b

Inventories

774.0m785.0m825.0m826.0m790.0m835.0m859.0m902.0m933.0m926.0m895.0m893.0m887.0m864.0m860.0m851.0m785.0m867.0m

Current Assets

4.7b5.2b5.8b5.5b5.8b5.7b6.1b5.0b5.0b5.2b4.8b5.2b5.7b6.4b6.1b5.8b6.1b6.5b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

1.7b409.0m2.4b2.6b2.9b2.6b

Depreciation and Amortization

1.6b351.0m2.4b2.6b2.6b3.0b

Inventories

13.0m44.0m

Accounts Payable

179.0m30.0m(76.0m)39.0m69.0m145.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

1.3b507.0m932.0m1.7b473.0m1.0b1.9b495.0m1.0b2.1b563.0m1.2b2.2b518.0m896.0m2.3b625.0m1.3b

Depreciation and Amortization

1.2b482.0m984.0m1.5b587.0m1.2b1.8b626.0m1.3b1.9b622.0m1.3b1.9b716.0m1.5b2.1b733.0m1.5b

Inventories

887.0m

Accounts Payable

100.0m6.0m57.0m70.0m(103.0m)(48.0m)(47.0m)(73.0m)94.0m183.0m(37.0m)20.0m170.0m(40.0m)16.0m168.0m68.0m32.0m
USDY, 2019

EV/EBIT

481.5 x

EV/CFO

216.4 x

EV/FCF

-749.6 x

Financial Leverage

3.1 x
Show all financial metrics

Berkshire Hathaway Energy Online and Social Media Presence

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Berkshire Hathaway Energy News and Updates

Berkshire Hathaway’s Energy Unit Is Buying Utility Company Oncor

NextEra Energy previously bid for the company, but regulators blocked the deal.

Berkshire Hathaway Energy Frequently Asked Questions

  • When was Berkshire Hathaway Energy founded?

    Berkshire Hathaway Energy was founded in 1971.

  • Who are Berkshire Hathaway Energy key executives?

    Berkshire Hathaway Energy's key executives are Gregory E. Abel, William J. Fehrman and Patrick J. Goodman.

  • How many employees does Berkshire Hathaway Energy have?

    Berkshire Hathaway Energy has 23,000 employees.

  • What is Berkshire Hathaway Energy revenue?

    Latest Berkshire Hathaway Energy annual revenue is $19.8 b.

  • What is Berkshire Hathaway Energy revenue per employee?

    Latest Berkshire Hathaway Energy revenue per employee is $860.3 k.

  • Who are Berkshire Hathaway Energy competitors?

    Competitors of Berkshire Hathaway Energy include 2VALORISE, Fuel Tech and Momentum Energy.

  • Where is Berkshire Hathaway Energy headquarters?

    Berkshire Hathaway Energy headquarters is located at 666 Grand Ave, Des Moines.

  • Where are Berkshire Hathaway Energy offices?

    Berkshire Hathaway Energy has an office in Des Moines.

  • How many offices does Berkshire Hathaway Energy have?

    Berkshire Hathaway Energy has 1 office.