W.R Berkley Financials

WRB

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Key Financial Metrics

Revenue

$13.6B

YoY+12.3%

5Y CAGR+11.5%

10Y CAGR+6.7%

W.R Berkley generated $13.6B in revenue in fiscal year 2024. This represents an increase of 12.3% from the prior year.

EBITDA

N/A

Free Cash Flow

N/A

Net Income

$1.8B

YoY+27.1%

5Y CAGR+20.8%

10Y CAGR+10.5%

W.R Berkley reported $1.8B in net income in fiscal year 2024. This represents an increase of 27.1% from the prior year.

EPS (Diluted)

$4.36

YoY+29.4%

5Y CAGR+4.4%

10Y CAGR-1.1%

W.R Berkley earned $4.36 per diluted share in fiscal year 2024. This represents an increase of 29.4% from the prior year.

Cash & Debt

$2.0B

YoY+44.9%

5Y CAGR+14.0%

10Y CAGR+11.3%

W.R Berkley held $2.0B in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$1.40

YoY+8.5%

5Y CAGR-3.6%

W.R Berkley paid $1.40 per share in dividends in fiscal year 2024. This represents an increase of 8.5% from the prior year.

Shares Outstanding

380M

YoY-1.2%

5Y CAGR+6.7%

10Y CAGR+11.6%

W.R Berkley had 380M shares outstanding in fiscal year 2024. This represents a decrease of 1.2% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

12.9%

YoY+1.5pp

5Y CAGR+4.3pp

10Y CAGR+3.8pp

W.R Berkley's net profit margin was 12.9% in fiscal year 2024, showing the share of revenue converted to profit. This is up 1.5 percentage points from the prior year.

Return on Equity

20.9%

YoY+2.4pp

5Y CAGR+9.7pp

10Y CAGR+6.8pp

W.R Berkley's return on equity was 20.9% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 2.4 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$303.7M

YoY-43.5%

5Y CAGR+75.5%

10Y CAGR+2.4%

W.R Berkley spent $303.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 43.5% from the prior year.

Capital Expenditures

N/A

WRB Income Statement

Metric	FY24	FY24	FY24	FY23	FY20	FY20
Revenue	$13.6B+12.3%	$12.1B+8.7%	$11.2B+18.1%	$9.5B+16.7%	$8.1B+2.5%	$7.9B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$126.9M-0.4%	$127.5M-2.2%	$130.4M-11.4%	$147.2M-2.2%	$150.5M-1.9%	$153.4M
Income Tax	$509.9M+37.6%	$370.6M+10.7%	$334.7M+32.9%	$251.9M+46.6%	$171.8M+1.7%	$168.9M
Net Income	$1.8B+27.1%	$1.4B0.0%	$1.4B+35.1%	$1.0B+92.7%	$530.7M-22.2%	$681.9M
EPS (Diluted)	$4.36+29.4%	$3.37+2.4%	$3.29-10.1%	$3.66+95.7%	$1.87-46.9%	$3.52

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$3.8B+2.7%	$3.7B+3.5%	$3.5B	N/A	$3.4B+2.6%	$3.3B+1.8%	$3.3B	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$31.8M-0.1%	$31.8M+0.2%	$31.7M	N/A	$31.7M0.0%	$31.7M-0.1%	$31.7M	N/A
Income Tax	$136.1M+12.4%	$121.2M-0.1%	$121.3M	N/A	$109.1M-5.7%	$115.8M-12.3%	$132.0M	N/A
Net Income	$511.0M+27.3%	$401.3M-3.9%	$417.6M	N/A	$365.6M-1.7%	$371.9M-15.9%	$442.5M	N/A
EPS (Diluted)	$1.28+28.0%	$1.00-3.8%	$1.04	N/A	$0.91-1.1%	$0.92-15.6%	$1.09	N/A

WRB Balance Sheet

Metric	FY24	FY24	FY24	FY23	FY20	FY20
Total Assets	$40.4B+8.7%	$37.2B+9.9%	$33.9B+5.5%	$32.1B+12.2%	$28.6B+7.3%	$26.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.0B+44.9%	$1.4B-5.9%	$1.4B-7.6%	$1.6B-33.9%	$2.4B+131.7%	$1.0B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$184.3M+5.6%	$174.6M-5.9%	$185.5M+9.3%	$169.7M0.0%	$169.7M0.0%	$169.7M
Total Liabilities	$32.0B+7.8%	$29.7B+9.7%	$27.1B+6.6%	$25.4B+14.1%	$22.3B+8.5%	$20.5B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$8.4B+12.6%	$7.5B+10.5%	$6.7B+1.4%	$6.7B+5.4%	$6.3B+3.9%	$6.1B
Retained Earnings	$12.3B+11.1%	$11.0B+8.7%	$10.2B+12.7%	$9.0B+8.0%	$8.3B+5.2%	$7.9B

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$43.7B+2.5%	$42.7B+3.2%	$41.3B+2.2%	$40.4B+0.2%	$40.4B+3.7%	$38.9B+2.8%	$37.9B+1.7%	$37.2B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$2.4B+21.1%	$2.0B+15.4%	$1.7B-12.9%	$2.0B+25.5%	$1.6B-0.4%	$1.6B+35.2%	$1.2B-14.2%	$1.4B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$184.3M0.0%	$184.3M0.0%	$184.3M0.0%	$184.3M+0.1%	$184.1M0.0%	$184.1M+5.4%	$174.6M0.0%	$174.6M
Total Liabilities	$33.9B+1.7%	$33.4B+2.9%	$32.4B+1.2%	$32.0B+0.4%	$31.9B+2.6%	$31.1B+3.6%	$30.1B+1.1%	$29.7B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$9.8B+5.4%	$9.3B+4.3%	$8.9B+6.2%	$8.4B-0.4%	$8.4B+8.4%	$7.8B-0.1%	$7.8B+4.4%	$7.5B
Retained Earnings	$13.3B+3.7%	$12.8B+1.4%	$12.7B+3.2%	$12.3B+3.0%	$11.9B+2.1%	$11.7B+1.9%	$11.5B+3.8%	$11.0B

WRB Cash Flow Statement

Metric	FY24	FY24	FY24	FY23	FY20	FY20
Operating Cash Flow	$3.7B+25.6%	$2.9B+14.0%	$2.6B+17.6%	$2.2B+35.1%	$1.6B+41.3%	$1.1B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	$60.5M
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	$1.1B
Investing Cash Flow	-$2.2B-11.3%	-$2.0B-3.7%	-$1.9B+36.7%	-$3.0B-2597.3%	$119.7M+128.2%	-$424.9M
Financing Cash Flow	-$852.5M+19.8%	-$1.1B-37.6%	-$772.0M-13339.4%	$5.8M+101.5%	-$397.8M+22.5%	-$513.2M
Dividends Paid	$532.0M+6.1%	$501.5M+113.2%	$235.2M-33.9%	$355.7M+322.8%	$84.1M-72.7%	$308.2M
Share Buybacks	$303.7M-43.5%	$537.2M+470.6%	$94.1M-23.1%	$122.4M-64.7%	$346.4M+1800.4%	$18.2M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	$743.8M	N/A	N/A	N/A	$746.2M	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	-$924.4M	N/A	N/A	N/A	-$905.1M	N/A
Financing Cash Flow	N/A	N/A	-$81.4M	N/A	N/A	N/A	-$29.7M	N/A
Dividends Paid	N/A	N/A	$30.3M	N/A	N/A	N/A	$28.2M	N/A
Share Buybacks	N/A	N/A	$49.2M	N/A	N/A	N/A	$0	N/A

WRB Financial Ratios

Metric	FY24	FY24	FY24	FY23	FY20	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	12.9%+1.5pp	11.4%-1.0pp	12.4%+1.6pp	10.8%+4.3pp	6.6%-2.1pp	8.6%
Return on Equity	20.9%+2.4pp	18.5%-1.9pp	20.5%+5.1pp	15.4%+7.0pp	8.4%-2.8pp	11.2%
Return on Assets	4.3%+0.6pp	3.7%-0.4pp	4.1%+0.9pp	3.2%+1.3pp	1.9%-0.7pp	2.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	3.82-0.2	3.99-0.0	4.01+0.2	3.82+0.3	3.53+0.1	3.38
FCF Margin	N/A	N/A	N/A	N/A	N/A	13.7%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	13.6%+2.6pp	10.9%-0.8pp	11.8%	N/A	10.8%-0.5pp	11.2%-2.4pp	13.6%	N/A
Return on Equity	5.2%+0.9pp	4.3%-0.4pp	4.7%	N/A	4.3%-0.4pp	4.8%-0.9pp	5.7%	N/A
Return on Assets	1.2%+0.2pp	0.9%-0.1pp	1.0%	N/A	0.9%-0.0pp	1.0%-0.2pp	1.2%	N/A
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	3.46-0.1	3.59-0.0	3.64-0.2	3.82+0.0	3.79-0.2	4.00+0.1	3.86-0.1	3.99
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is W.R Berkley's annual revenue?

W.R Berkley (WRB) reported $13.6B in revenue for fiscal year 2024.

How fast is W.R Berkley's revenue growing?

W.R Berkley (WRB) revenue grew by 12.3% year-over-year, from $12.1B to $13.6B in fiscal year 2024.

Is W.R Berkley profitable?

Yes, W.R Berkley (WRB) reported a net income of $1.8B in fiscal year 2024, with a net profit margin of 12.9%.

What is W.R Berkley's earnings per share (EPS)?

W.R Berkley (WRB) reported diluted earnings per share of $4.36 for fiscal year 2024.

What is W.R Berkley's net profit margin?

W.R Berkley (WRB) had a net profit margin of 12.9% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does W.R Berkley pay dividends?

Yes, W.R Berkley (WRB) paid $1.40 per share in dividends during fiscal year 2024.

What is W.R Berkley's return on equity (ROE)?

W.R Berkley (WRB) has a return on equity of 20.9% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is W.R Berkley's operating cash flow?

W.R Berkley (WRB) generated $3.7B in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are W.R Berkley's total assets?

W.R Berkley (WRB) had $40.4B in total assets as of fiscal year 2024, including both current and long-term assets.

Does W.R Berkley buy back shares?

Yes, W.R Berkley (WRB) spent $303.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does W.R Berkley have outstanding?

W.R Berkley (WRB) had 380M shares outstanding as of fiscal year 2024.

What is W.R Berkley's debt-to-equity ratio?

W.R Berkley (WRB) had a debt-to-equity ratio of 3.82 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is W.R Berkley's return on assets (ROA)?

W.R Berkley (WRB) had a return on assets of 4.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.