Berkley W R Corp (WRB) Financial Statements
Industry: Fire, Marine & Casualty Insurance
In fiscal 2025, Berkley W R reported revenue of $14.71B, up 7.8% from $13.64B the year before. Net income was $1.78B (a 12.1% net margin), or $4.45 per diluted share. Gross margin was 47.2% and operating margin was 47.2%. Operating activities generated $3.58B of cash. At fiscal year end, Berkley W R held $44.07B in total assets against $34.36B in total liabilities, including $2.54B of cash and equivalents.
Open the full interactive Berkley W R financials → Quarterly statements, key ratios, valuation history and price charts.
Berkley W R Key Stats
| Share Price | $73.55 |
|---|---|
| Market Cap | $28.82B |
| P/E Ratio | 16.5 |
| Revenue YoY Growth | +7.8% |
| 52-Week Range | $62.88 – $76.33 |
| Shares Outstanding | 389.2 million (basic, 2026 Q2) |
Berkley W R Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $8.10B | $9.46B | $11.17B | $12.14B | $13.64B | $14.71B |
| Cost of Goods Sold | $4.47B | $4.95B | $5.86B | $6.37B | $7.13B | $7.77B |
| Gross Profit | $3.63B | $4.50B | $5.30B | $5.77B | $6.51B | $6.94B |
| Operating Income | $3.50B | $4.37B | $5.25B | $5.77B | $6.51B | $6.94B |
| Pre-Tax Income | $704.8M | $1.28B | $1.72B | $1.75B | $2.26B | $2.28B |
| Income Tax | $171.8M | $251.9M | $334.7M | $370.6M | $509.9M | $495.8M |
| Net Income | $530.7M | $1.02B | $1.38B | $1.38B | $1.76B | $1.78B |
| Diluted EPS | $1.25 | $2.44 | $3.29 | $3.37 | $4.36 | $4.45 |
Berkley W R Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $3.77B | $3.72B | $3.69B | $3.72B |
| Net Income | $511.0M | $449.5M | $515.2M | $452.3M |
| Diluted EPS | $1.28 | $1.12 | $1.31 | $1.15 |
Berkley W R Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.37B | $1.57B | $1.45B | $1.36B | $1.97B | $2.54B |
| Total Assets | $28.61B | $32.09B | $33.86B | $37.20B | $40.57B | $44.07B |
| Total Long-Term Debt | $1.10B | — | $1.01B | $1.01B | $1.01B | $1.01B |
| Total Liabilities | $22.28B | $25.42B | $27.09B | $29.73B | $32.16B | $34.36B |
| Shareholders' Equity | $6.31B | $6.65B | $6.75B | $7.46B | $8.40B | $9.70B |
Berkley W R Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.62B | $2.18B | $2.57B | $2.93B | $3.68B | $3.58B |
| Cash From Investing | $119.7M | -$2.99B | -$1.89B | -$1.96B | -$2.18B | -$2.03B |
| Cash From Financing | -$397.8M | $5.8M | -$772.0M | -$1.06B | -$852.5M | -$1.03B |
Figures from Berkley W R's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Berkley W R financials page for every line item.
Berkley W R Company Profile
| Ticker | WRB |
|---|---|
| Exchange | NYSE |
| Industry | Fire, Marine & Casualty Insurance |
| Headquarters | Greenwich, Connecticut |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000011544 |
Frequently Asked Questions
What was Berkley W R's revenue in fiscal 2025?
Berkley W R (WRB) reported revenue of $14.71B for fiscal 2025.
What is Berkley W R's annual revenue history?
Berkley W R's annual revenue by fiscal year: 2020: $8.10B; 2021: $9.46B; 2022: $11.17B; 2023: $12.14B; 2024: $13.64B; 2025: $14.71B.
What was Berkley W R's net income in fiscal 2025?
Berkley W R reported net income of $1.78B for fiscal 2025.
What was Berkley W R's earnings per share (EPS) in fiscal 2025?
Berkley W R's diluted EPS was $4.45 for fiscal 2025 (adjusted for any later stock splits).
What was Berkley W R's revenue last quarter?
In its most recent reported quarter (2026 Q2), Berkley W R reported revenue of $3.72B.
How much debt does Berkley W R have?
Berkley W R reported $1.01B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Berkley W R are outstanding?
Berkley W R reported a weighted average of 389.2 million basic shares outstanding in 2026 Q2.
What is Berkley W R's market cap?
Based on its latest closing price, Berkley W R (WRB) has a market capitalization of about $28.82B.
When does Berkley W R's fiscal year end?
Berkley W R's fiscal year end, as registered with the SEC, is December 31.
Where is Berkley W R headquartered?
Berkley W R lists its business address in Greenwich, Connecticut in its SEC filings.