Net income for 4Q’15 rose to $5.5bn as compared to $4.2bn a year ago. For FY’15, profit was $24.1bn vs. $19.9bn a year ago.
Operating earnings excl. investments, was $2,843 per share, beating estimates of $2,814 a share.
Profits of its rail road business of BNSF fell 9.2% to $1.1bn on lower demand for coal.
Berkshire Hathaway Energy, its utility unit, generated a profit of $423m, an 18% rise over the previous period.
The insurance business of BH Reinsurance and General Re registered an underwriting gain of $306m vs. $119m a year ago.