Berkshire Hathaway Energy Revenue

Berkshire Hathaway Energy revenue was $19.84 b in FY, 2019

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Summary - Funding Rounds

Founding Date

1971
Berkshire Hathaway Energy is a subsidiary of Berkshire Hathaway

Berkshire Hathaway Energy Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

11.2b11.5b12.6b17.3b17.9b17.4b18.6b19.8b19.8b

Revenue growth, %

37%3%(3%)

Cost of goods sold

3.6b3.5b3.8b5.7b5.1b4.3b4.5b4.8b4.6b

Gross profit

7.5b8.0b8.8b11.6b12.8b13.1b14.1b15.0b15.3b

Gross profit Margin, %

67%70%70%67%72%75%76%76%77%

General and administrative expense

222.0m

Operating expense total

4.8b5.5b6.0b222.0m9.6b10.9b11.1b

EBIT

2.7b2.6b2.8b4.0b4.3b4.3b4.5b4.1b4.2b

EBIT margin, %

24%22%22%23%24%24%24%21%21%

Interest expense

1.2b1.2b994.0m1.7b1.9b1.9b2.0b2.1b1.7b

Interest income

1.0m111.0m113.0m

Investment income

53.0m68.0m(35.0m)(151.0m)43.0m(44.0m)

Pre tax profit

1.6b1.6b1.8b2.5b2.0b2.4b

Income tax expense

294.0m148.0m130.0m589.0m450.0m403.0m(554.0m)(583.0m)(598.0m)

Net Income

1.3b1.5b1.6b2.1b2.4b2.6b2.9b2.6b3.0b

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q1, 2020

Revenue

2.6b2.8b2.8b2.7b3.0b3.1b3.0b3.3b4.2b4.1b4.8b4.2b4.4b5.1b4.0b4.1b5.1b4.2b4.6b5.3b4.4b5.0b5.6b4.6b4.9b4.5b

Cost of goods sold

840.0m897.0m942.0m750.0m884.0m964.0m840.0m949.0m1.6b1.3b1.4b1.4b1.2b1.4b1.1b970.0m1.2b1.1b1.0b1.2b1.2b1.1b1.3b1.2b1.0b1.0b

Gross profit

1.8b1.9b1.9b2.0b2.1b2.1b2.1b2.4b2.6b2.8b3.4b2.9b3.2b3.7b2.9b3.2b3.9b3.0b3.5b4.1b3.3b3.9b4.4b3.4b3.9b3.5b

Gross profit Margin, %

68%68%67%72%71%69%72%72%62%69%70%68%72%73%73%76%77%73%77%77%74%77%77%74%79%77%

Operating expense total

1.2b1.2b1.2b1.4b1.4b1.3b1.5b1.6b1.7b1.9b2.0b1.9b2.2b2.2b2.0b2.3b2.3b2.1b2.5b2.4b2.4b4.0b4.1b2.5b3.9b2.6b

Depreciation and amortization

739.0m667.0m728.0m

EBIT

577.0m728.0m716.0m568.0m757.0m773.0m641.0m818.0m950.0m900.0m1.4b930.0m1.0b1.5b953.0m854.0m1.6b971.0m1.0b1.6b871.0m972.0m1.5b919.0m959.0m919.0m

EBIT margin, %

22%26%25%21%25%25%21%25%22%22%29%22%23%30%24%21%31%23%23%31%20%19%27%20%20%20%

Interest expense

303.0m301.0m290.0m296.0m298.0m290.0m294.0m260.0m346.0m425.0m362.0m360.0m388.0m416.0m473.0m222.0m375.0m380.0m405.0m392.0m586.0m461.0m453.0m432.0m476.0m483.0m

Interest income

26.0m26.0m27.0m27.0m27.0m39.0m26.0m27.0m32.0m26.0m30.0m20.0m

Investment income

7.0m28.0m12.0m19.0m30.0m14.0m26.0m28.0m15.0m31.0m38.0m26.0m30.0m33.0m26.0m34.0m36.0m24.0m26.0m30.0m12.0m(10.0m)(18.0m)

Pre tax profit

309.0m459.0m471.0m305.0m512.0m539.0m409.0m558.0m604.0m547.0m1.0b570.0m619.0m1.1b543.0m632.0m1.2b591.0m644.0m1.2b285.0m487.0m507.0m

Income tax expense

76.0m68.0m104.0m37.0m47.0m109.0m114.0m49.0m112.0m153.0m266.0m123.0m82.0m269.0m74.0m121.0m199.0m52.0m83.0m184.0m(221.0m)(168.0m)23.0m(148.0m)(76.0m)(184.0m)

Net Income

236.0m412.0m375.0m282.0m488.0m438.0m311.0m525.0m503.0m417.0m776.0m469.0m558.0m874.0m490.0m536.0m1.0b556.0m574.0m1.1b513.0m378.0m1.4b622.0m688.0m673.0m

Berkshire Hathaway Energy Balance Sheet

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q1, 2020

Cash

1.0b906.0m382.0m880.0m1.9b618.0m892.0m1.9b1.3b1.5b1.5b507.0m1.1b1.7b1.1b778.0m1.0b1.0b827.0m1.1b1.6b1.2b1.0b1.7b1.3b2.1b

Accounts Receivable

1.1b1.1b1.2b1.2b1.3b1.3b1.3b1.3b1.9b1.9b1.9b1.8b2.0b2.0b1.6b1.8b1.9b1.6b1.9b2.0b1.8b2.0b2.2b1.9b2.0b1.8b

Prepaid Expenses

385.0m408.0m645.0m644.0m581.0m564.0m581.0m706.0m1.2b1.6b922.0m1.1b1.1b1.1b796.0m840.0m864.0m1.0b954.0m1.1b963.0m1.1b

Inventories

613.0m643.0m694.0m726.0m762.0m740.0m759.0m774.0m785.0m825.0m826.0m790.0m835.0m859.0m902.0m933.0m926.0m895.0m893.0m887.0m864.0m860.0m851.0m785.0m867.0m912.0m

Current Assets

3.4b3.3b3.5b3.4b4.5b3.3b3.5b4.7b5.2b5.8b5.5b5.8b5.7b6.1b5.0b5.0b5.2b4.8b5.2b5.7b6.4b6.1b5.8b6.1b6.5b7.4b

PP&E

32.7b33.3b34.8b35.3b36.2b37.7b38.3b39.4b50.7b52.0b53.0b59.0b59.9b60.1b61.2b61.4b62.1b62.9b63.7b65.0b66.1b66.7b67.6b68.9b69.9b72.7b

Goodwill

5.0b5.0b5.0b5.0b5.0b5.1b5.1b5.3b7.6b7.8b7.7b9.2b9.3b9.1b9.1b9.1b9.1b9.1b9.2b9.7b9.7b9.7b9.7b9.7b9.7b9.6b

Total Assets

46.1b46.4b49.4b49.5b51.1b52.0b53.9b56.2b71.1b73.1b74.0b82.3b83.4b83.8b84.2b84.6b85.9b86.5b87.8b91.1b90.9b90.9b91.9b94.5b96.1b100.8b

Accounts Payable

802.0m806.0m874.0m1.0b1.1b984.0m1.1b1.1b1.5b1.5b1.6b1.6b1.7b1.7b1.2b1.4b1.5b1.2b1.2b1.3b1.1b1.2b1.3b1.4b1.7b1.5b

Short-term debt

843.0m1.3b1.5b1.2b1.2b1.4b1.3b1.4b1.4b1.6b1.3b2.8b2.6b2.5b2.7b2.4b3.0b3.3b4.4b5.6b6.9b3.4b2.2b3.3b1.9b3.9b

Current Liabilities

3.2b3.6b4.2b4.2b4.3b4.3b4.2b4.4b4.9b5.3b5.7b7.0b7.1b7.2b6.4b6.5b7.3b6.6b7.8b9.6b10.5b10.4b7.8b7.4b8.9b7.8b

Long-term debt

13.5b13.3b14.5b20.3b21.0b20.5b21.9b17.1b22.1b23.0b22.7b25.5b25.9b25.6b26.1b26.6b26.2b27.0b26.9b26.2b25.5b66.4b29.1b

Total Debt

14.4b14.7b16.0b21.6b22.1b21.8b23.2b1.3b1.2b970.0m728.0m28.3b1.6b1.6b935.0m886.0m1.1b1.3b1.9b3.1b4.3b3.4b2.2b1.1b1.9b33.0b

Total Liabilities

32.4b32.5b34.6b34.6b35.6b35.8b37.4b38.8b51.6b53.1b53.3b61.4b61.6b61.6b61.1b61.1b61.4b61.4b61.9b63.5b62.1b62.6b62.2b64.4b65.4b68.2b

Common Stock

Additional Paid-in Capital

5.4b5.4b5.4b5.4b5.4b5.4b5.4b5.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b6.4b

Retained Earnings

8.5b9.0b9.7b10.0b10.5b11.2b11.5b12.1b12.9b13.3b14.1b15.0b15.6b16.4b17.4b17.9b19.0b20.0b20.5b21.5b23.7b24.0b25.4b26.0b26.7b28.8b

Total Equity

13.8b13.9b14.8b14.9b15.5b16.2b16.5b17.4b19.5b20.0b20.8b20.8b21.7b22.2b23.1b23.5b24.5b25.1b25.9b27.6b28.8b28.3b29.7b30.2b30.8b32.6b

Debt to Equity Ratio

1 x1.1 x1.1 x1.4 x1.4 x1.3 x1.4 x0.1 x0.1 x0 x0 x1.4 x0.1 x0.1 x0 x0 x0 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.4 x0.4 x0.4 x0.4 x0 x0 x0 x0 x0.3 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x

Financial Leverage

3.3 x3.3 x3.3 x3.3 x3.3 x3.2 x3.3 x3.2 x3.6 x3.6 x3.6 x3.9 x3.8 x3.8 x3.6 x3.6 x3.5 x3.4 x3.4 x3.3 x3.2 x3.2 x3.1 x3.1 x3.1 x3.1 x

Berkshire Hathaway Energy Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

1.3b1.5b1.7b2.1b2.4b2.5b2.9b2.6b3.0b

Depreciation and Amortization

1.3b1.5b1.6b2.1b2.4b2.6b2.6b3.0b3.0b

Accounts Payable

(49.0m)108.0m179.0m(25.0m)(194.0m)(28.0m)50.0m145.0m(26.0m)

Cash From Operating Activities

3.2b4.3b4.7b5.1b7.0b6.1b6.1b6.8b6.2b

Purchases of PP&E

(2.7b)(3.4b)(4.3b)(6.6b)(5.9b)(5.1b)(4.6b)(6.2b)(7.4b)

Cash From Investing Activities

(2.8b)(4.3b)(10.2b)(9.4b)(6.2b)(5.7b)(6.1b)(7.0b)(9.0b)

Short-term Borrowings

(545.0m)6.0m

Long-term Borrowings

(19.0m)

Dividends Paid

(25.0m)(26.0m)(22.0m)(22.0m)(21.0m)(20.0m)(22.0m)

Cash From Financing Activities

(589.0m)477.0m5.9b3.7b(255.0m)(690.0m)274.0m(174.0m)3.1b

Net Change in Cash

(184.0m)490.0m399.0m(558.0m)491.0m(387.0m)214.0m(400.0m)385.0m

Interest Paid

1.0b

Income Taxes Paid

(1.3b)

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q1, 2020

Net Income

567.0m979.0m375.0m657.0m1.1b438.0m749.0m1.3b507.0m932.0m1.7b473.0m1.0b1.9b490.0m1.0b2.1b556.0m1.1b2.2b513.0m896.0m2.3b622.0m1.3b670.0m

Depreciation and Amortization

670.0m997.0m351.0m715.0m1.1b389.0m776.0m1.2b482.0m984.0m1.5b587.0m1.2b1.8b626.0m1.3b1.9b622.0m1.3b1.9b716.0m1.5b2.1b733.0m1.5b821.0m

Accounts Payable

262.0m352.0m(70.0m)50.0m56.0m(12.0m)44.0m100.0m6.0m57.0m70.0m(103.0m)(48.0m)(47.0m)(73.0m)94.0m183.0m(37.0m)20.0m170.0m(40.0m)16.0m168.0m68.0m32.0m117.0m

Cash From Operating Activities

1.8b2.7b932.0m2.5b3.7b1.3b2.6b3.7b1.0b2.2b4.3b1.1b3.5b5.9b1.4b2.8b4.8b1.4b2.4b5.1b1.5b2.8b5.0b1.5b2.1b1.2b

Purchases of PP&E

(1.2b)(1.9b)(756.0m)(1.5b)(2.3b)(891.0m)(1.8b)(2.9b)(1.2b)(2.4b)(4.1b)(1.4b)(2.6b)(4.3b)(1.0b)(2.1b)(3.5b)(865.0m)(1.8b)(3.2b)(1.1b)(1.4b)(1.4b)

Capital Expenditures

(2.8b)(4.2b)(2.7b)

Cash From Investing Activities

(1.2b)(2.0b)(1.5b)(2.2b)(2.8b)(960.0m)(2.9b)(3.6b)(989.0m)(2.5b)(4.2b)(1.5b)(2.6b)(4.4b)(1.3b)(2.5b)(4.1b)(1.4b)(2.4b)(4.4b)(1.2b)(3.0b)(4.5b)(1.4b)(3.0b)(1.5b)

Short-term Borrowings

320.0m320.0m795.0m817.0m715.0m436.0m841.0m(140.0m)(617.0m)(365.0m)1.9b311.0m

Long-term Borrowings

(250.0m)(950.0m)(1.3b)(5.0m)

Dividends Paid

(13.0m)(19.0m)(8.0m)(13.0m)(18.0m)(7.0m)(11.0m)(16.0m)(6.0m)(11.0m)(16.0m)(6.0m)(10.0m)(15.0m)(4.0m)(9.0m)(14.0m)(7.0m)(12.0m)(16.0m)(9.0m)(7.0m)(5.0m)

Cash From Financing Activities

(74.0m)(289.0m)634.0m289.0m704.0m(542.0m)434.0m1.0b81.0m606.0m148.0m239.0m(373.0m)(428.0m)(99.0m)(642.0m)(792.0m)328.0m112.0m(330.0m)336.0m465.0m(392.0m)900.0m1.4b1.4b

Net Change in Cash

551.0m436.0m96.0m594.0m1.6b(158.0m)116.0m1.1b117.0m309.0m306.0m(110.0m)515.0m1.0b(22.0m)(330.0m)(90.0m)297.0m106.0m421.0m593.0m974.0m1.0b

Free Cash Flow

39.0m828.0m(616.0m)

Berkshire Hathaway Energy Ratios

USDQ2, 2011

Debt/Equity

1 x

Debt/Assets

0.3 x

Financial Leverage

3.3 x

Berkshire Hathaway Energy Employee Rating

1.97 votes
Culture & Values
1.7
Work/Life Balance
1.7
Senior Management
1.7
Salary & Benefits
1.9
Career Opportunities
1.5
Source