← Back to Screener
ScreenerNewsCompareWatchlist
VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesNewsCompareWatchlist
AnalyzeValuationTotal ReturnDCA CalculatorInsider Activity

WRB logoW. R. Berkley Corporation(WRB)Earnings, Financials & Key Ratios

WRB•NYSE•Insurance & Managed Care
$66.12
$24.76B mkt cap·14.9× P/E·Price updated May 6, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryCommercial lines and surety insurers
AboutW. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for technology, and life sciences and travel industries; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance & Monoline Excess segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut.Show more
  • Revenue$14.71B+7.8%
  • Combined Ratio84.13%+0.9%
  • Net Income$1.78B+1.3%
  • Return on Equity19.64%-11.2%
  • Medical Cost Ratio80.19%+4.0%
  • Operating Margin15.87%-4.4%
  • Net Margin12.1%-6.0%
  • ROA4.2%-6.9%
  • Equity / Assets22.04%+6.3%
  • Book Value per Share24.33+16.7%
  • Tangible BV/Share21.36+18.5%
  • Debt/Equity0.29-13.5%
Analysis→Technical→

WRB Key Insights

W. R. Berkley Corporation (WRB) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Profitable underwriting: 84.1% combined ratio
  • ✓Excellent 3Y average ROE of 20.4%
  • ✓Strong 5Y profit CAGR of 27.4%
  • ✓Healthy dividend yield of 2.7%

✗Weaknesses

  • ✗High loss ratio of 80.2%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

WRB Price & Volume

W. R. Berkley Corporation (WRB) stock price & volume — 10-year historical chart

Loading chart...

WRB Growth Metrics

W. R. Berkley Corporation (WRB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years7.39%
5 Years12.67%
3 Years9.61%
TTM7.82%

Profit CAGR

10 Years13.45%
5 Years27.38%
3 Years8.81%
TTM1.33%

EPS CAGR

10 Years14.49%
5 Years28.91%
3 Years10.59%
TTM2.06%

Return on Capital

10 Years8.02%
5 Years12.77%
3 Years13.57%
Last Year13.86%

WRB Recent Earnings

W. R. Berkley Corporation (WRB) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 21, 2026
EPS
$1.30
Est $1.13
+15.0%
Revenue
$3.1B
Est $3.2B
-2.4%
Q1 2026
Jan 26, 2026
EPS
$1.13
Est $1.13
+0.0%
Revenue
$3.2B
Est $3.1B
+1.1%
Q4 2025
Oct 20, 2025
EPS
$1.10
Est $1.11
-0.9%
Revenue
$3.8B
Est $3.2B
+19.5%
Q3 2025
Jul 21, 2025
EPS
$1.05
Est $1.03
+1.9%
Revenue
$3.7B
Est $3.1B
+18.4%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 21, 2026
$1.30vs $1.13+15.0%
$3.1Bvs $3.2B-2.4%
Q1 2026Jan 26, 2026
$1.13vs $1.13+0.0%
$3.2Bvs $3.1B+1.1%
Q4 2025Oct 20, 2025
$1.10vs $1.11-0.9%
$3.8Bvs $3.2B+19.5%
Q3 2025Jul 21, 2025
$1.05vs $1.03+1.9%
$3.7Bvs $3.1B+18.4%
Based on last 12 quarters of dataView full earnings history →

WRB Peer Comparison

W. R. Berkley Corporation (WRB) competitors in Commercial lines and surety insurers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
HIG logoHIGThe Hartford Financial Services Group, Inc.Direct Competitor36.71B133.4910.027.1%14.13%22.01%0.23
CNA logoCNACNA Financial CorporationDirect Competitor11.75B43.439.265.1%8.95%11.94%0.26
MKL logoMKLMarkel CorporationDirect Competitor22.34B1785.5810.55-0.96%10.7%9.56%0.23
RLI logoRLIRLI Corp.Direct Competitor4.51B49.0111.246.33%20.8%22%0.06
ACGL logoACGLArch Capital Group Ltd.Direct Competitor33.74B94.708.1514.27%22.07%19.02%0.11
WTM logoWTMWhite Mountains Insurance Group, Ltd.Direct Competitor5.15B2080.004.8414.99%41.78%22.17%0.13
AIG logoAIGAmerican International Group, Inc.Product Competitor41.69B77.6914.31-1.82%11.86%7.7%0.22
TRV logoTRVThe Travelers Companies, Inc.Product Competitor65.22B301.5910.995.17%12.88%19.12%0.28

Compare WRB vs Peers

W. R. Berkley Corporation (WRB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HIG

Most directly comparable listed peer for WRB.

Scale Benchmark

vs CB

Larger-name benchmark to compare WRB against a more recognizable public peer.

Peer Set

Compare Top 5

vs HIG, CNA, MKL, RLI

WRB Income Statement

W. R. Berkley Corporation (WRB) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Revenue8.01B7.69B7.9B8.1B9.46B11.17B12.14B13.64B14.71B
Revenue Growth %4.66%-3.99%2.74%2.49%16.75%18.1%8.74%12.32%7.82%
Medical Costs & Claims6.36B6.31B6.42B6.75B7.43B8.73B9.42B10.52B11.79B
Medical Cost Ratio %79.43%82.04%81.29%83.36%78.61%78.17%77.56%77.11%80.19%
Gross Profit
1.65B▲ 0%
1.38B▼ 16.2%
1.48B▲ 7.0%
1.35B▼ 8.8%
2.02B▲ 50.1%
2.44B▲ 20.5%
2.72B▲ 11.7%
3.12B▲ 14.6%
2.91B▼ 6.7%
Gross Margin %20.57%17.96%18.71%16.64%21.39%21.83%22.44%22.89%19.81%
Gross Profit Growth %14.34%-16.18%7.01%-8.82%50.08%20.53%11.75%14.58%-6.66%
Operating Expenses875.24M569.26M625.23M642.96M739.87M718.33M969.99M857.12M579.43M
OpEx / Revenue %10.93%7.4%7.91%7.94%7.82%6.43%7.99%6.28%3.94%
Depreciation & Amortization112.96M131.11M113.39M135.06M129.68M55.87M-20.86M-170.64M-32.82M
Combined Ratio %90.35%89.44%89.21%91.3%86.43%84.6%85.55%83.4%84.13%
Operating Income
772.77M▲ 0%
812.09M▲ 5.1%
852.92M▲ 5.0%
704.8M▼ 17.4%
1.28B▲ 82.0%
1.72B▲ 34.0%
1.75B▲ 2.0%
2.26B▲ 29.1%
2.33B▲ 3.1%
Operating Margin %9.65%10.56%10.79%8.7%13.57%15.4%14.45%16.6%15.87%
Operating Income Growth %-13.8%5.09%5.03%-17.37%82.02%34.05%2.02%29.07%3.08%
EBITDA885.73M943.2M966.31M839.87M1.41B1.78B1.73B2.09B2.3B
EBITDA Margin %11.06%12.26%12.23%10.37%14.94%15.9%14.28%15.35%15.65%
Interest Expense147.3M157.19M153.41M150.54M147.18M130.37M127.46M126.91M126.89M
Non-Operating Income-147.3M-157.19M-153.41M-150.54M-147.18M-130.37M-127.46M-126.91M-70.74M
Pretax Income
772.77M▲ 0%
812.09M▲ 5.1%
852.92M▲ 5.0%
704.8M▼ 17.4%
1.28B▲ 82.0%
1.72B▲ 34.0%
1.75B▲ 2.0%
2.26B▲ 29.1%
2.28B▲ 0.7%
Pretax Margin %9.65%10.56%10.79%8.7%13.57%15.4%14.45%16.6%15.51%
Income Tax219.43M163.03M168.94M171.82M251.89M334.73M370.56M509.92M495.77M
Effective Tax Rate %28.4%20.08%19.81%24.38%19.63%19.46%21.12%22.52%21.74%
Net Income
549.09M▲ 0%
640.75M▲ 16.7%
681.94M▲ 6.4%
530.67M▼ 22.2%
1.02B▲ 92.7%
1.38B▲ 35.1%
1.38B▲ 0.0%
1.76B▲ 27.1%
1.78B▲ 1.3%
Net Margin %6.85%8.33%8.63%6.55%10.81%12.37%11.38%12.88%12.1%
Net Income Growth %-8.78%16.69%6.43%-22.18%92.68%35.07%0.02%27.13%1.33%
EPS (Diluted)
1.26▲ 0%
1.48▲ 17.5%
1.56▲ 5.4%
1.25▼ 19.9%
2.44▲ 95.2%
3.29▲ 34.8%
3.37▲ 2.4%
4.36▲ 29.4%
4.45▲ 2.1%
EPS Growth %-9.35%17.46%5.41%-19.87%95.2%34.84%2.43%29.38%2.06%
EPS (Basic)1.301.481.591.262.463.333.404.394.48
Diluted Shares Outstanding435.44M432.89M435.42M424.72M419.62M419.19M409.95M403.22M399.13M

WRB Balance Sheet

W. R. Berkley Corporation (WRB) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Assets24.3B24.9B26.66B28.61B32.09B33.86B37.2B40.57B44.07B
Asset Growth %4%2.45%7.09%7.29%12.16%5.53%9.87%9.05%8.64%
Total Investment Assets17.45B17.72B18.47B18.48B22.17B22.86B25.28B27.89B30.69B
Long-Term Investments15.9B15.67B16.28B16.44B4.39B4.38B4.22B4.41B4.45B
Short-Term Investments14.13B13.61B14.18B14.16B17.78B18.48B21.06B23.48B26.24B
Total Current Assets000025.62B27.03B30.35B33.44B36.89B
Cash & Equivalents950.47M817.6M1.02B2.37B1.57B1.45B1.36B1.97B2.54B
Receivables3.75B4.09B4.58B5.12B5.59B6.41B7.16B7.17B7.23B
Other Current Assets-19.3B-19.01B-20.35B-22.3B00000
Goodwill & Intangibles178.94M173.04M169.65M169.65M845.8M949M1.04B1.14B1.19B
Goodwill178.94M173.04M169.65M169.65M169.65M185.51M174.6M184.33M184.33M
Intangible Assets0000676.14M763.49M861.61M951.73M1B
PP&E (Net)422.96M416.37M422.09M405.93M419.88M423.23M426.8M478.51M596.24M
Other Assets-16.5B-16.26B-16.87B-17.01B753.23M736.02M865.56M877.1M809.39M
Total Liabilities18.85B19.42B20.54B22.28B25.42B27.09B29.73B32.16B34.36B
Total Debt2.5B2.79B2.63B2.73B3.27B2.84B2.84B2.84B2.84B
Net Debt1.55B1.97B1.6B352.97M1.7B1.39B1.48B866.22M299.79M
Long-Term Debt2.5B2.79B2.63B2.73B3.27B2.83B2.84B2.84B2.84B
Short-Term Debt000005.4M5.4M00
Total Current Liabilities000018.3B20.12B22.32B24.4B26.54B
Accounts Payable246.46M256.92M360.31M426.12M568.62M523.13M631.16M668.65M615.78M
Deferred Revenue00004.85B5.3B5.92B6.38B6.72B
Other Current Liabilities-257.79M-256.92M-370.32M-467.41M12.87B14.26B15.7B17.23B19.05B
Deferred Taxes1000K01000K1000K1000K1000K1000K1000K1000K
Other Liabilities-2.58B-2.79B-2.65B-2.77B3.83B4.13B4.53B4.85B4.88B
Total Equity
5.45B▲ 0%
5.48B▲ 0.5%
6.12B▲ 11.7%
6.33B▲ 3.4%
6.67B▲ 5.4%
6.77B▲ 1.5%
7.47B▲ 10.4%
8.41B▲ 12.6%
9.71B▲ 15.5%
Equity Growth %7.28%0.53%11.65%3.39%5.41%1.51%10.36%12.56%15.52%
Shareholders Equity5.41B5.44B6.07B6.31B6.65B6.75B7.46B8.4B9.7B
Minority Interest39.82M41.95M43.4M14.99M14.72M19.83M13.81M12.33M11.08M
Retained Earnings6.96B7.56B7.93B8.35B9.02B10.16B11.04B12.27B13.34B
Common Stock47.02M70.53M70.53M70.53M105.8M105.8M158.71M158.71M158.71M
Accumulated OCI68.54M-510.47M-257.3M-62.17M-281.95M-1.26B-925.84M-934.27M-451.1M
Return on Equity (ROE)10.43%11.72%11.76%8.53%15.74%20.56%19.4%22.12%19.64%
Return on Assets (ROA)2.3%2.6%2.65%1.92%3.37%4.19%3.89%4.52%4.2%
Equity / Assets22.43%22.01%22.95%22.11%20.78%19.99%20.08%20.72%22.04%
Debt / Equity0.46x0.51x0.43x0.43x0.49x0.42x0.38x0.34x0.29x
Book Value per Share12.5212.6614.0514.8915.8916.1518.2220.8524.33
Tangible BV per Share12.1112.2613.6614.4913.8713.8815.6918.0321.36

WRB Cash Flow Statement

W. R. Berkley Corporation (WRB) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations710.88M620.2M1.14B1.62B2.18B2.57B2.93B3.68B3.64B
Operating CF Growth %-16.21%-12.76%84.42%41.34%35.09%17.61%14.04%25.57%-1.06%
Operating CF / Revenue %8.87%8.06%14.47%19.96%23.1%23%24.12%26.97%24.75%
Net Income549.09M640.75M681.94M530.67M1.02B1.38B1.38B1.76B1.78B
Depreciation & Amortization112.96M131.11M113.39M135.06M129.68M55.87M-20.86M-170.64M-48.13M
Stock-Based Compensation40.49M36.59M49.27M49.66M46.68M49.41M51M54.38M0
Deferred Taxes-16.89M-74.76M-189.9M-157.25M-310.65M-64.71M000
Other Non-Cash Items-384.06M-180.76M2.04M2.31M8.53M-278.89M-115.51M-107.75M-99.9M
Working Capital Changes409.29M67.27M487.04M1.06B1.29B1.43B1.63B2.15B2.01B
Cash from Investing-333.46M-714.24M-424.87M119.7M-2.99B-1.89B-1.96B-2.18B-2.03B
Capital Expenditures-115.72M-49.86M-60.46M-38.17M-66.63M-52.68M-53.08M-105.62M-169.99M
Acquisitions-70.57M2.03M51.39M180.4M240.51M857.22M-11.56M00
Purchase of Investments-7.97B-6.76B-5.53B-7.81B-11.18B-8.38B-6.75B-9.58B-8.85B
Sale/Maturity of Investments7.79B6.7B5.11B7.81B8.04B5.77B4.84B7.53B6.92B
Other Investing34.13M-602.64M2.84M-26.52M-17.98M-90.17M10.94M-35.31M68.9M
Cash from Financing-235.09M-7.4M-513.19M-397.84M5.83M-771.99M-1.06B-852.49M-1.03B
Dividends Paid-188.2M-254.95M-308.19M-84.15M-355.74M-235.19M-501.46M-531.95M-700.27M
Share Repurchases-47.81M-24.75M-18.23M-346.36M-122.43M-94.14M-537.16M-303.65M-270.22M
Stock Issued000000000
Debt Issuance (Net)1000K1000K-1000K1000K1000K-1000K-974K1000K-1000K
Other Financing-6.04M-17.74M-21.39M-56.23M-45.16M-12.85M-22.9M-19.98M-53.89M
Net Change in Cash
155.19M▲ 0%
-132.87M▼ 185.6%
206.11M▲ 255.1%
1.35B▲ 554.3%
-803.52M▼ 159.6%
-119.5M▲ 85.1%
-86.15M▲ 27.9%
611.55M▲ 809.9%
565.19M▼ 7.6%
Exchange Rate Effect12.85M-31.42M379K10.12M-4.2M-24.75M9.07M-29.84M-18.56M
Cash at Beginning795.28M950.47M817.6M1.02B2.37B1.57B1.45B1.36B1.97B
Cash at End950.47M817.6M1.02B2.37B1.57B1.45B1.36B1.97B2.54B
Free Cash Flow
595.16M▲ 0%
570.34M▼ 4.2%
1.08B▲ 89.9%
1.58B▲ 45.7%
2.12B▲ 34.1%
2.52B▲ 18.8%
2.88B▲ 14.3%
3.57B▲ 24.2%
3.47B▼ 2.9%
FCF Growth %-25.38%-4.17%89.95%45.71%34.14%18.82%14.32%24.22%-2.89%
FCF Margin %7.43%7.42%13.71%19.49%22.39%22.53%23.69%26.2%23.59%
FCF per Share1.371.322.493.725.0567.028.868.69

WRB Key Ratios

W. R. Berkley Corporation (WRB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Combined Ratio88.29%90.35%89.44%89.21%91.3%86.43%84.6%85.55%83.4%84.13%
Medical Cost Ratio81.17%79.43%82.04%81.29%83.36%78.61%78.17%77.56%77.11%80.19%
Return on Equity (ROE)12.39%10.43%11.72%11.76%8.53%15.74%20.56%19.4%22.12%19.64%
Return on Assets (ROA)2.67%2.3%2.6%2.65%1.92%3.37%4.19%3.89%4.52%4.2%
Equity / Assets21.75%22.43%22.01%22.95%22.11%20.78%19.99%20.08%20.72%22.04%
Book Value / Share11.7112.5212.6614.0514.8915.8916.1518.2220.8524.33
Debt / Equity0.49x0.46x0.51x0.43x0.43x0.49x0.42x0.38x0.34x0.29x
Revenue Growth6.21%4.66%-3.99%2.74%2.49%16.75%18.1%8.74%12.32%7.82%

WRB SEC Filings & Documents

W. R. Berkley Corporation (WRB) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 21, 2026·SEC

Material company update

Jan 26, 2026·SEC

Material company update

Dec 5, 2025·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 24, 2025·SEC

FY 2024

Feb 23, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 3, 2025·SEC

FY 2025

Aug 4, 2025·SEC

FY 2025

May 2, 2025·SEC

WRB Frequently Asked Questions

W. R. Berkley Corporation (WRB) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

W. R. Berkley Corporation (WRB) grew revenue by 7.8% over the past year. This is steady growth.

Yes, W. R. Berkley Corporation (WRB) is profitable, generating $1.78B in net income for fiscal year 2025 (12.1% net margin).

Dividend & Returns

Yes, W. R. Berkley Corporation (WRB) pays a dividend with a yield of 2.65%. This makes it attractive for income-focused investors.

W. R. Berkley Corporation (WRB) has a return on equity (ROE) of 19.6%. This is reasonable for most industries.

Industry Metrics

W. R. Berkley Corporation (WRB) has a combined ratio of 84.1%. A ratio below 100% indicates underwriting profitability.

Explore More WRB

W. R. Berkley Corporation (WRB) financial analysis — history, returns, DCA and operating performance tools

Full WRB Stock Analysis

Analyst verdict, bull/bear case, risk factors and peer comparison

→

Total Return Calculator

Historical returns with dividends reinvested

→

DCA Calculator

Dollar cost averaging vs lump sum

→

Dividend History

Yield, growth, payout safety & DRIP

→

Earnings History

EPS trends, net income & profitability

→

Price History

Long-term charts & historical price data

→

Revenue History

Sales growth patterns & revenue breakdown

→

Financial Ratios

30 years of market, efficiency and balance-sheet ratios

→

Valuation

DCF intrinsic value, peer multiples & estimates

→
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Patterns find ideas. Fundamentals build conviction.

Data updated daily

Quick Links

  • Home
  • Screener
  • Themes
  • Market Valuation
  • Valuation
  • Compare
  • Total Return
  • DCA Calculator
  • News
  • Insights
  • Methodology
  • How It Works
  • Profile

Popular Screens

  • VCP Hot
  • VCP Warm
  • Value Screens
  • Growth Screens
  • Momentum Screens
  • Technical Screens
  • Quality Screens

Community

  • Follow @VCPScanner on X

Get weekly stock ideas — free

© 2026 VCP Scanner. All rights reserved.
About·Privacy Policy·Terms of Service
Not financial advice. Do your own research.