Which company owns the Berkshire Hathaway Energy and GEICO businesses?

Berkshire Hathaway owns Berkshire Hathaway Energy and GEICO.

Berkshire Hathaway is a diversified holding company led for decades by investor Warren Buffett. Its businesses include insurance, energy and utilities, freight rail, manufacturing, retailing, and service companies. GEICO is a major auto insurer, while Berkshire Hathaway Energy owns regulated utilities and other energy assets.

The company began as a textile manufacturer formed from the 1955 merger of Berkshire Fine Spinning Associates and Hathaway Manufacturing. Buffett acquired control in the 1960s and gradually transformed it into an investment and operating conglomerate. Berkshire’s market capitalization is often discussed alongside its book value and operating earnings, but those measures are different: market cap reflects the stock price multiplied by shares outstanding.