Which company is the parent of Berkshire Hathaway Energy and GEICO?

Berkshire Hathaway is the parent company of Berkshire Hathaway Energy and GEICO.

Berkshire Hathaway is a diversified holding company led for decades by investor Warren Buffett. Its businesses and investments span insurance, utilities and energy, freight rail, manufacturing, retail, and financial assets. GEICO is one of its best-known insurance subsidiaries, while Berkshire Hathaway Energy operates electricity and natural-gas businesses.

The company’s modern history began with Buffett’s investment in a struggling New England textile manufacturer. Berkshire eventually closed the textile operations and used the corporate structure to build a broad collection of businesses. Its market capitalization has made it one of the largest U.S. public companies.

Berkshire’s Class A shares are famously expensive on a per-share basis because the company has never split them. That share price is different from market capitalization, which reflects the value of all outstanding shares across its share classes.