BERKLEY W R CORP
BERKLEY W R CORP
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Debt Securities Available For Sale And Held To Mat… | 25,900 | 25,508 | 25,048 | 24,948 | 24,093 | 23,621 | 22,398 | 22,664 | 21,083 | 20,965 | 20,178 | 19,035 | |||||
Equity Method Investments | 1,431 | 1,398 | 1,362 | 1,431 | 1,492 | 1,480 | 1,468 | 1,607 | 1,589 | 1,556 | 1,622 | 1,600 | |||||
Real Estate Investments | 1,351 | 1,304 | 1,280 | 1,305 | 1,295 | 1,304 | 1,291 | 1,297 | 1,279 | 1,273 | 1,250 | 1,271 | |||||
Equity Securities Fv Ni | 1,502 | 1,470 | - | 1,382 | 1,262 | 1,145 | - | 1,048 | 1,078 | 1,178 | - | 1,182 | |||||
Investments | |||||||||||||||||
Investments | 31,743 | 31,286 | 30,687 | 30,464 | 29,501 | 28,802 | 27,889 | 27,827 | 26,600 | 26,347 | 25,280 | 24,091 | |||||
Trading Securities | 1,292 | 1,165 | 1,221 | 1,070 | 1,035 | 832 | 1,123 | 821 | 1,222 | 1,146 | 938 | 825 | |||||
Equity Securities Fv Ni Current And Noncurrent | - | - | 1,358 | - | - | - | 1,204 | - | - | - | 1,090 | - | |||||
Mortgage Loans On Real Estate Commercial And Consu… | 266 | 441 | 419 | 327 | 324 | 420 | 405 | 390 | 349 | 229 | 201 | 178 | |||||
Cash And Cash Equivalents At Carrying Value | 2,607 | 2,281 | 2,540 | 2,404 | 1,985 | 1,720 | 1,975 | 1,573 | 1,580 | 1,169 | 1,363 | 1,646 | |||||
Premiums And Other Receivables Net | 3,756 | 3,471 | 3,417 | 3,535 | 3,648 | 3,317 | 3,267 | 3,414 | 3,431 | 3,171 | 3,109 | 3,105 | |||||
Reinsurance Recoverables On Paid And Unpaid Losses | 3,644 | 3,551 | 3,543 | 3,472 | 3,601 | 3,582 | 3,558 | 3,478 | 3,502 | 3,510 | 3,535 | 3,426 | |||||
Deferred Policy Acquisition Costs | 1,045 | 1,013 | 1,001 | 1,031 | 1,017 | 978 | 952 | 958 | 939 | 889 | 862 | 854 | |||||
Prepaid Reinsurance Premiums | 946 | 871 | 882 | 885 | 873 | 816 | 823 | 831 | 815 | 758 | 759 | 756 | |||||
Receivables From Brokers Dealers And Clearing Orga… | 3 | 9 | 12 | 113 | 139 | 344 | 60 | 411 | 41 | 141 | 304 | 402 | |||||
Property Plant And Equipment Net | 567 | 567 | 596 | 493 | 490 | 482 | 479 | 478 | 477 | 467 | 427 | 423 | |||||
Goodwill | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 175 | 175 | 175 | |||||
Accrued Investment Income Receivable | 264 | 246 | 255 | 249 | 259 | 236 | 244 | 234 | 225 | 218 | 213 | 201 | |||||
Income Taxes Receivable | - | - | 3 | - | - | - | 39 | - | - | - | 1 | - | |||||
Deferred Income Tax Assets Net | - | - | 141 | - | - | - | 220 | - | - | - | 310 | - | |||||
Other Assets | 854 | 837 | 809 | 885 | 925 | 884 | 877 | 839 | 895 | 886 | 866 | 740 | |||||
Assets | 45,677 | 44,316 | 44,071 | 43,715 | 42,658 | 41,346 | 40,567 | 40,359 | 38,910 | 37,851 | 37,202 | 36,111 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liability For Claims And Claims Adjustment Expense | 23,182 | 22,616 | 22,208 | 21,757 | 21,496 | 20,922 | 20,368 | 20,155 | 19,567 | 19,100 | 18,740 | 18,273 | |||||
Unearned Premiums | 7,099 | 6,777 | 6,722 | 6,910 | 6,818 | 6,494 | 6,375 | 6,490 | 6,333 | 5,997 | 5,922 | 5,900 | |||||
Reinsurance Payable | 646 | 628 | 616 | 626 | 645 | 647 | 669 | 727 | 730 | 684 | 631 | 626 | |||||
Trading Liabilities | 7 | 0 | 66 | 35 | 31 | 52 | 73 | 36 | 81 | 40 | 9 | 8 | |||||
Liabilities | |||||||||||||||||
Liabilities | 35,834 | 34,565 | 34,359 | 33,910 | 33,353 | 32,419 | 32,160 | 31,920 | 31,123 | 30,053 | 29,733 | 29,181 | |||||
Taxes Payable Current | - | - | 83 | - | - | - | 53 | - | - | - | 48 | - | |||||
Deferred Income Tax Liabilities Net | 0 | 76 | 100 | 23 | - | 32 | 65 | - | - | - | 43 | - | |||||
Junior Subordinated Notes | 2,059 | 1,627 | 1,011 | 1,719 | 1,521 | 1,429 | 1,010 | 1,010 | 1,009 | 1,009 | 1,009 | 1,009 | |||||
Other Liabilities | 1,011 | 1,011 | 1,725 | 1,010 | 1,010 | 1,010 | 1,715 | 1,674 | 1,573 | 1,395 | 1,503 | 1,537 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 159 | 159 | 159 | 159 | 159 | 159 | 159 | 159 | 159 | 106 | 159 | 106 | |||||
Additional Paid In Capital Common Stock | 1,015 | 1,000 | 988 | 982 | 1,005 | 993 | 985 | 973 | 987 | 1,030 | 965 | 1,008 | |||||
Retained Earnings Accumulated Deficit | 14,055 | 13,826 | 13,344 | 13,307 | 12,830 | 12,652 | 12,265 | 11,909 | 11,670 | 11,455 | 11,041 | 10,801 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -640 | -601 | -451 | -506 | -572 | -762 | -934 | -603 | -1,034 | -1,024 | -926 | -1,323 | |||||
Treasury Stock Value | -4,756 | -4,644 | -4,339 | -4,142 | -4,127 | -4,128 | -4,079 | -4,012 | -4,008 | -3,783 | -3,783 | -3,676 | |||||
Stockholders Equity | 9,843 | 9,740 | 9,712 | 9,799 | 9,295 | 8,926 | 8,395 | 8,426 | 7,787 | 7,799 | 7,455 | 6,916 | |||||
Minority Interest | 10 | 11 | 11 | 6 | 10 | 12 | 12 | 13 | 13 | 14 | 14 | 14 | |||||
Liabilities And Stockholders Equity | 45,677 | 44,316 | 44,071 | 43,715 | 42,658 | 41,346 | 40,567 | 40,359 | 38,910 | 37,851 | 37,202 | 36,111 | |||||
Financing Receivable Allowance For Credit Losses | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | |||||
Premiums Receivable Allowance For Doubtful Account… | 41 | 42 | 42 | 40 | 39 | 39 | 40 | 38 | 37 | 35 | 35 | 34 | |||||
Reinsurance Recoverables Allowance | 7 | 5 | 6 | 7 | 7 | 7 | 8 | 8 | 10 | 9 | 8 | 9 | |||||
Preferred Stock Par Or Stated Value Per Share | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||
Preferred Stock Shares Authorized | - | - | 5 | - | - | - | 5 | - | - | - | 5 | - | |||||
Preferred Stock Shares Issued | 5 | 5 | 0 | 5 | 5 | 5 | 0 | 5 | 5 | 5 | 0 | 5 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |||||
Common Stock Shares Issued | 371 | 373 | 377 | 380 | 379 | 379 | 380 | 381 | 381 | 257 | 385 | 258 | |||||
Shares Outstanding | 371 | 373 | 377 | 380 | 379 | 379 | 380 | 381 | 381 | 257 | 385 | 258 | |||||
Common Stock Shares Authorized | - | - | 1,875 | - | - | - | 1,875 | - | - | - | 1,250 | - | |||||
Treasury Stock Common Shares | 422 | 421 | 416 | 414 | 414 | 414 | 413 | 412 | 413 | 272 | 409 | 271 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.75% | 1.21% | 8.85% | - | - | - | - | - | - | - | - | - |
| 2025 | 0.65% | 1.57% | -4.55% | 1.72% | 7.79% | 6.59% | 8.23% | -0.12% | -5.00% | -8.31% | -6.79% | -7.32% |
| 2024 | 0.93% | 2.46% | -0.83% | 5.51% | 4.11% | 11.66% | 12.20% | 3.49% | 0.95% | 1.62% | 10.56% | 17.75% |
| 2023 | - | - | - | -2.26% | 5.11% | 2.47% | 5.82% | 4.33% | 11.92% | 0.37% | -3.58% | -6.41% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Leverage & Debt | |||||||||||||||||
| Interest Coverage TTM | 19.96 | 19.54 | 18.93 | 20.20 | 18.84 | 18.58 | 18.86 | 17.02 | 16.57 | 16.31 | 14.74 | 14.60 | |||||
Efficiency & Turnover | |||||||||||||||||
| Days Sales Outstanding TTM | 90.70 | 83.41 | 82.94 | 86.55 | 90.43 | 85.00 | 85.32 | 90.18 | 92.14 | 87.36 | 88.50 | 89.56 | |||||
| Receivables Turnover TTM | 4.02 | 4.38 | 4.40 | 4.22 | 4.04 | 4.29 | 4.28 | 4.05 | 3.96 | 4.18 | 4.12 | 4.08 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 4.92 | 4.76 | 4.45 | 4.77 | 4.40 | 4.33 | 4.36 | 3.92 | 3.82 | 3.76 | 3.37 | 3.36 | |||||
| Free Cash Flow Per Share TTM | 9.26 | 8.94 | 9.02 | 8.55 | 8.81 | 9.26 | 9.20 | 8.92 | 8.47 | 8.00 | 7.18 | 7.50 | |||||
| Dividend Per Share TTM | 1.81 | 1.79 | 1.76 | 1.28 | 1.51 | 1.35 | 1.33 | 1.57 | 1.64 | 1.31 | 1.62 | 0.98 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 99.15% | 99.15% | 99.14% | 99.13% | 99.11% | 99.09% | 99.07% | 99.04% | 99.01% | 98.98% | 98.95% | 98.93% | |||||
| Operating Profit Margin TTM | 16.19% | 15.88% | 15.51% | 16.63% | 15.84% | 16.00% | 16.60% | 15.44% | 15.46% | 15.61% | 14.45% | 14.51% | |||||
| Net Profit Margin TTM | 12.95% | 12.64% | 12.10% | 13.02% | 12.33% | 12.43% | 12.88% | 11.94% | 12.04% | 12.22% | 11.38% | 11.47% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 4.27% | 6.61% | 7.84% | 11.08% | 11.41% | 11.39% | 12.32% | 10.53% | 10.26% | 12.19% | 8.74% | 11.22% | |||||
| Net Income Growth (1Y) | 9.50% | 8.42% | 1.33% | 21.08% | 14.07% | 13.35% | 27.13% | 15.11% | 22.13% | 40.46% | -0.26% | 5.65% | |||||
| EPS Growth (1Y) | 11.71% | 9.71% | 2.03% | 21.42% | 15.00% | 14.89% | 29.28% | 16.68% | 23.97% | -4.00% | 1.89% | -27.47% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 14.23 | 13.72 | 15.48 | 15.54 | 16.12 | 15.74 | 12.84 | 13.69 | 12.89 | 14.63 | 13.05 | 11.65 | |||||
| P/B TTM | 2.79 | 2.64 | 2.84 | 3.02 | 3.05 | 3.05 | 2.68 | 2.56 | 2.56 | 2.87 | 2.41 | 2.30 | |||||
| P/S TTM | 1.84 | 1.74 | 1.87 | 2.02 | 1.99 | 1.96 | 1.65 | 1.64 | 1.55 | 1.79 | 1.48 | 1.34 | |||||
| Market Cap | 27.45B | 25.77B | 27.55B | 29.65B | 28.38B | 27.26B | 22.55B | 21.58B | 19.91B | 22.35B | 18.03B | 15.94B | |||||
| Enterprise Value | 26.90B | 25.11B | 26.02B | 28.97B | 27.92B | 26.97B | 21.59B | 21.01B | 19.34B | 22.19B | 17.68B | 15.30B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 3.60B | 3.51B | 3.58B | 3.40B | 3.50B | 3.68B | 3.68B | 3.55B | 3.39B | 3.22B | 2.92B | 3.03B | |||||
| Net Debt | -547.38M | -654.03M | -1.53B | -684.94M | -463.13M | -291.53M | -964.94M | -563.61M | -570.82M | -159.78M | -354.11M | -637.16M | |||||
Per-Share and Margin | |||||||||||||||||
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| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| PEG Ratio | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
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| EV FCF TTM | |||||||||||||||||
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| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
BERKLEY W R CORP (WRB) — SEC Financial Statements & Analysis
BERKLEY W R CORP (WRB) is a fire, marine & casualty insurance company, incorporated in DE. BERKLEY W R CORP trades on NYSE as: WRB, WRB-PE, WRB-PF, WRB-PG, WRB-PH. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), BERKLEY W R CORP reported a 4.27% year-over-year revenue growth, a Gross Profit Margin of 99.15% (TTM), a Price-to-Sales (P/S) ratio of 1.84x (TTM), a Price-to-Book (P/B) ratio of 2.79x (TTM), at a market cap of $27.45B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 4.27%
- Gross Profit Margin TTM
- 99.15%
- P/S TTM
- 1.84x
- P/B TTM
- 2.79x
- Market Cap
- $27.45B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is BERKLEY W R CORP in?
BERKLEY W R CORP (WRB) operates in the Fire, Marine & Casualty Insurance industry.
What is WRB's market cap?
BERKLEY W R CORP (WRB) has a market capitalization of $27.45B as of 2026-06-30.
What is WRB's P/E ratio?
BERKLEY W R CORP (WRB)'s trailing twelve month P/E ratio is 14.23x as of 2026-06-30.
What exchange does WRB trade on?
BERKLEY W R CORP (WRB) trades on the NYSE.
Where is BERKLEY W R CORP incorporated?
BERKLEY W R CORP is incorporated in DE.