WRB · Berkley W R Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · WRB

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2020	FY 2022	FY 2021
Revenue	$14.71B	$13.64B	$12.14B	$8.10B	$8.75B◇	$873.00M◇
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	$12.43B	$11.37B	$10.39B	$7.39B	-	-
D&A	$54.00M	$55.00M	$51.00M	$135.06M	-	-
Operating Income	$2.28B	$2.26B	$1.75B	$704.80M	-	-
Interest Expense	$126.89M	$126.91M	$127.46M	$150.54M	$130.37M◇	$147.18M◇
Income Tax	$495.76M	$509.92M	$370.56M	$171.82M	$334.73M◇	($67.83M)◇
Net Income	$1.78B	$1.76B	$1.38B	$530.67M	$159.73M◇	($242.06M)◇
EPS - Basic	$4.48	$4.39	$3.40	$1.89	$3.33◇	$2.46◇
EPS - Diluted	$4.45	$4.36	$3.37	$1.87	$3.29◇	$2.44◇

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2020	FY 2022	FY 2021
Cash & Equivalents	$2.54B	$1.97B	$1.36B	$1.45B	$103.52M◇	-
Accounts Receivable	-	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	-	-	-	-	-	-
Current Assets	-	-	-	-	-	-
Total Assets	$44.07B	$40.57B	$37.20B	$33.86B	$5.20B◇	-
Current Liabilities	-	-	-	-	-	-
Long-term Debt	-	-	-	-	-	-
Total Liabilities	$34.36B	$32.16B	$29.73B	$27.09B	$3.02B◇	-
Stockholders' Equity	$9.70B	$8.40B	$7.46B	$6.75B	$6.75B◇	-
Retained Earnings	$13.34B	$12.27B	$11.04B	$10.16B	-	-

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2020	FY 2022	FY 2021
Operating Cash Flow	$3.58B	$3.68B	$2.93B	$1.62B	($120.30M)◇	$292.63M◇
Investing Cash Flow	($2.03B)	($2.18B)	($1.96B)	$119.70M	($1.89B)◇	($26.20M)◇
Financing Cash Flow	($1.03B)	($852.49M)	($1.06B)	($397.84M)	($771.99M)◇	$5.83M◇
CapEx	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2020	FY 2022	FY 2021
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	15.5%	16.6%	14.4%	8.7%	-	-
EBITDA margin	15.9%	17.0%	14.9%	10.4%	-	-
Net margin	12.1%	12.9%	11.4%	6.6%	1.8%	-27.7%
Free cash flow margin	-	-	-	-	-	-
FCF / Net income	-	-	-	-	-	-
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	21.8%	22.5%	21.2%	24.5%	67.7%	-
Return on assets	4.0%	4.3%	3.7%	1.6%	3.1%	-
Return on equity	18.3%	20.9%	18.5%	7.9%	2.4%	-
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	-	-	-	-	-	-
Quick ratio	-	-	-	-	-	-
Cash ratio	-	-	-	-	-	-
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	18.0x	17.8x	13.8x	4.7x	-	-
Equity multiplier	4.54	4.83	4.99	5.02	0.77	-
Liabilities / Assets	0.78	0.79	0.80	0.80	0.58	-
Efficiency
Asset turnover	0.33	0.34	0.33	0.24	1.68	-
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	15.8x	13.4x	14.0x	25.8x	14.7x	15.0x
P / B	2.9x	0.0x	0.0x	0.0x	-	-
P / S	1.9x	0.0x	0.0x	0.0x	-	-
EV / EBITDA	10.9x	-0.8x	-0.7x	-1.7x	-	-
Growth
Revenue growth (YoY)	7.8%	12.3%	38.8%	2.5%	902.2%	-89.2%
Revenue CAGR (3y)	18.9%	150.0%	14.5%	1.8%	3.5%	-51.6%
Revenue CAGR (5y)	12.7%	11.5%	9.6%	2.4%	2.6%	-35.2%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	0.7%	29.1%	-	-17.4%	-	-
Net income growth (YoY)	1.3%	27.1%	764.8%	-22.2%	-	-
EPS growth (YoY)	2.1%	29.5%	2.3%	-46.8%	34.8%	30.2%
EPS CAGR (3y)	10.6%	21.3%	21.6%	-24.0%	-2.2%	-21.3%
EPS CAGR (5y)	18.9%	4.4%	-7.6%	-13.5%	-5.0%	-12.2%
FCF growth (YoY)	-	-	-	-	-	-
FCF CAGR (5y)	-	-	-	-	-	-
Book value growth (YoY)	15.6%	12.6%	10.5%	11.1%	-	-

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$13.88B total

Insurance Domestic Segment$12.10B · 87.2%

Reinsuranceand Monoline Excess Segment$1.78B · 12.8%

Geographic

$1.41B total

Non Us$1.41B · 100.0%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

3/9

Weak

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
-Current ratio improved
✗No share dilution
-Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Fire, Marine & Casualty Insurance

Company	Revenue (last FY)	Net margin	ROE
PGR	$87.67B	12.9%	37.3%
DGICA	$978.01M	8.1%	12.4%
AIG	$26.77B	11.6%	7.5%
TRV	$48.83B	12.9%	19.1%
CINF	$12.63B	18.9%	15.0%

Comparing BERKLEY W R CORP against the 5 most active filers in the same SIC group.

Dividends

$1.86/share trailing 12 months · +32.5% YoY

Ex-date	Per share
Feb 23, 2026	$0.0900
Dec 15, 2025	$1.0900
Sep 22, 2025	$0.0900
Jun 23, 2025	$0.5900
Mar 3, 2025	$0.0800
Dec 16, 2024	$0.5800
Sep 23, 2024	$0.3300
Jun 24, 2024	$0.4133
Mar 1, 2024	$0.0733
Dec 15, 2023	$0.4067
Sep 22, 2023	$0.4067
Jun 23, 2023	$0.0733
Mar 8, 2023	$0.0667
Jan 12, 2023	$0.3333
Dec 16, 2022	$0.0667
Sep 23, 2022	$0.0667
Jun 24, 2022	$0.4000
Mar 8, 2022	$0.0578
Dec 6, 2021	$0.5022
Sep 14, 2021	$0.0578
Jun 24, 2021	$0.2800
Mar 9, 2021	$0.0533
Dec 14, 2020	$0.0533
Sep 14, 2020	$0.0533

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.