Operating companies

The 70 businesses Berkshire owns, and what each one does.

Berkshire is best described by what it owns. Head office is small, the subsidiaries are left to run themselves, and so a grouped list of the companies says more about the group than any description of the parent.

What is ours and what is Berkshire's. The company names and links are Berkshire's own, and so are the five groupings — its annual filing describes the group as insurance, freight rail, utilities and energy, then manufacturing, services and retailing. Deciding which company belongs in which group, and writing the one-line description of what each one does, is our work: Berkshire publishes neither. Everything else on this page is sourced below.

Insurance

Berkshire's largest activity, and the one that funds the rest. Written both directly and as reinsurance.

GEICO Auto Insurance
Sells car and other personal insurance directly to consumers.
General Re
Provides reinsurance to insurance companies worldwide.
National Indemnity Company
Underwrites property and casualty insurance and reinsurance.
Berkshire Hathaway Specialty Insurance
Underwrites commercial property, casualty and specialty insurance.
Berkshire Hathaway GUARD Insurance Companies
Provides commercial insurance for small and mid-sized businesses.
Berkshire Hathaway Homestate Companies
Provides workers' compensation and other commercial insurance.
biBERK Business Insurance
Sells small business insurance online, direct to businesses.
Berkshire Hathaway Direct Insurance Company (THREE)
Sells a simplified, bundled small business insurance policy directly online.
MedPro Group
Provides medical professional liability insurance.
MLMIC Insurance Company
Provides medical professional liability insurance.
United States Liability Insurance Group
Underwrites specialty insurance for small businesses, sold through independent agents.
Central States Indemnity Company
Writes credit and specialty insurance.
Alleghany Corporation
An insurance and reinsurance holding company.
Gateway Underwriters Agency
An insurance underwriting agency.
BoatU.S.
Provides boat insurance and towing services to boat owners.

Freight rail

One company, and one of the largest businesses Berkshire owns outright.

BNSF
Operates a freight railroad across the western United States.

Utilities and energy

Generation, transmission and distribution, held under a single group company.

Berkshire Hathaway Energy Company
Generates, transmits and distributes electricity and natural gas.

Manufacturing

Industrial and consumer products, from aerospace components to building materials to clothing.

OxyChem
Makes chlorine, caustic soda and other basic chemicals.
Acquisition completed 2 January 2026. Not on Berkshire's own list of operating companies.
Precision Castparts Corp.
Makes complex metal components for aerospace and other industries.
Lubrizol Corporation
Makes specialty chemicals, including lubricant additives.
Marmon Holdings, Inc.
A diversified group of industrial businesses, including transportation equipment and wire and cable.
IMC International Metalworking Companies
Makes precision metal-cutting tools, including the Iscar brand.
Johns Manville
Makes insulation, roofing and other building materials.
Shaw Industries
Makes carpet, flooring and related materials.
Benjamin Moore & Co.
Makes paints and coatings.
Acme Brick Company
Makes fired-clay brick and other masonry products.
MiTek Inc.
Makes engineered connectors and software for building construction.
CTB Inc.
Makes agricultural equipment for poultry, pig and grain systems.
Forest River
Makes recreational vehicles, boats and other towable products.
Clayton Homes
Builds manufactured and modular homes.
Duracell
Makes batteries.
Fruit of the Loom Companies
Makes underwear, activewear and other clothing under multiple brands.
An index of brands on Berkshire's own site, not a company site.
Garan Incorporated
Makes children's clothing, including the Garanimals brand.
Brooks
Makes running shoes and apparel.
Fechheimer Brothers Company
Makes uniforms.
H.H. Brown Shoe Group
Makes footwear, including work boots and western boots.
Justin Brands
Makes western boots, including the Justin and Tony Lama brands.
An index of brands on Berkshire's own site, not a company site.
Larson-Juhl
Makes custom picture framing materials.
Richline Group
Makes and distributes jewellery.
Scott Fetzer Companies
A diversified group of manufacturing and consumer-product businesses.
An index of brands on Berkshire's own site, not a company site.
W&W/AFCO Steel
Fabricates structural steel.
LiquidPower Specialty Products Inc. (LSPI)
Makes drag-reducing additives for pipelines.
Bell Laboratories
Makes rodent-control products.
Jazwares
Makes toys.
IPS
Supplies solvent-cement and other plumbing products.

Services and retailing

Distribution, aviation services, furniture, jewellery, food and the rest of what Berkshire sells directly to people.

Taylor Morrison
Builds and sells homes across the United States.
Acquisition completed 24 July 2026. Not on Berkshire's own list of operating companies.
McLane Company
Distributes groceries and foodservice supplies to retailers and restaurants.
Pilot Travel Centers
Operates travel centres and fuel stations for motorists and truckers.
TTI, Inc.
Distributes electronic components.
Business Wire
Distributes press releases and other company news.
NetJets®
Sells fractional ownership and leasing of private aircraft.
FlightSafety
Provides pilot and crew training for aviation.
XTRA Corporation
Leases over-the-road trailers.
CORT Business Services
Rents furniture.
Charter Brokerage
Provides trade and excise-tax services in energy supply chains.
International Dairy Queen, Inc.
Franchises Dairy Queen fast-food and soft-serve restaurants.
See's Candies
Makes and sells boxed chocolates and candy.
NFM
Sells furniture, appliances and electronics.
RC Willey Home Furnishings
Sells furniture, electronics and appliances.
Jordan's Furniture
Sells furniture.
Star Furniture
Sells furniture.
Borsheims Fine Jewelry
Sells fine jewellery and watches.
Helzberg Diamonds
Sells jewellery.
Ben Bridge Jeweler
Sells jewellery and watches.
Oriental Trading Company
Sells party supplies, crafts and novelty items.
Pampered Chef®
Sells kitchenware, largely through direct sales.
Berkshire Hathaway Automotive
Operates car dealerships.
HomeServices of America
Operates residential real estate brokerage and related services.
Louis – Motorcycle & Leisure
Sells motorcycle clothing and equipment in Europe.
WPLG Local 10
A local television station in Miami.