WRB
W. R. Berkley Corp
NYSE: WRB · FINANCIAL SERVICES · INSURANCE - PROPERTY & CASUALTY
$66.95
-0.25% today
Updated 2026-04-29
Market cap
$26.11B
P/E ratio
14.18
P/S ratio
1.76x
EPS (TTM)
$4.72
Dividend yield
0.40%
52W range
$64 – $78
Volume
2.2M
W. R. Berkley Corp (WRB) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.39B | $5.59B | $4.71B | $4.43B | $4.51B | $4.91B | $5.82B | $6.41B | $7.54B | $7.21B | $7.65B | $8.01B | $7.69B | $7.90B | $8.10B | $9.46B | $11.17B | $12.14B | $13.64B | $14.71B |
| Revenue growth (YoY) | — | +3.6% | -15.7% | -5.9% | +1.7% | +8.9% | +18.6% | +10.0% | +17.6% | -4.4% | +6.2% | +4.7% | -4.0% | +2.7% | +2.5% | +16.7% | +18.1% | +8.7% | +12.3% | +7.8% |
| Cost of revenue | $3.15B | $3.11B | $2.69B | $2.34B | $3.09B | $3.52B | $3.95B | $4.28B | $5.49B | $5.92B | $6.21B | $6.36B | $6.31B | $6.42B | $6.75B | $7.43B | $8.73B | $9.42B | $10.52B | $11.79B |
| Gross profit | $2.24B | $2.48B | $2.02B | $2.09B | $1.42B | $1.39B | $1.87B | $2.13B | $2.05B | $1.29B | $1.44B | $1.65B | $1.38B | $1.48B | $1.35B | $2.02B | $2.44B | $2.72B | $3.12B | $2.91B |
| Gross margin | 41.5% | 44.4% | 42.9% | 47.3% | 31.4% | 28.3% | 32.2% | 33.3% | 27.2% | 17.9% | 18.8% | 20.6% | 18.0% | 18.7% | 16.6% | 21.4% | 21.8% | 22.4% | 22.9% | 19.8% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | — | — | $1.48B | $1.44B | $1.50B | $1.62B | $0.00 | $0.00 | $0.00 | $127.36M | $138.91M | $129.78M | $118.36M | $145.42M | $130.01M | $130.05M | $1.77B | $44.26M | $45.72M | $54.26M |
| Operating income | $988.64M | $1.09B | $326.32M | $382.23M | $598.91M | $513.09M | $701.93M | $698.89M | $952.20M | $732.03M | $896.44M | $772.77M | $812.09M | $852.92M | $704.80M | $1.28B | $1.72B | $1.75B | $2.26B | $2.33B |
| Operating margin | 18.3% | 19.5% | 6.9% | 8.6% | 13.3% | 10.5% | 12.1% | 10.9% | 12.6% | 10.2% | 11.7% | 9.6% | 10.6% | 10.8% | 8.7% | 13.6% | 15.4% | 14.4% | 16.6% | 15.9% |
| EBITDA | $1.15B | $1.26B | $494.90M | $549.09M | $788.75M | $713.61M | $931.65M | $925.15M | $1.17B | $948.12M | $1.12B | $1.03B | $1.10B | $1.12B | $990.40M | $1.56B | $1.91B | $1.86B | $2.22B | $2.37B |
| EBITDA margin | 21.3% | 22.5% | 10.5% | 12.4% | 17.5% | 14.5% | 16.0% | 14.4% | 15.5% | 13.2% | 14.7% | 12.9% | 14.3% | 14.2% | 12.2% | 16.5% | 17.1% | 15.3% | 16.3% | 16.1% |
| EBIT | $1.08B | $1.18B | $410.94M | $470.22M | $705.88M | $625.60M | $828.23M | $822.07M | $1.08B | $862.98M | $1.04B | $920.07M | $969.28M | $1.01B | $855.34M | $1.43B | $1.85B | $1.88B | $2.39B | $2.41B |
| Interest expense | $92.52M | $89.00M | $84.62M | $87.99M | $106.97M | $112.51M | $126.30M | $123.18M | $128.17M | $130.95M | $140.90M | $147.30M | $157.19M | $153.41M | $150.54M | $147.18M | $130.37M | $127.46M | $126.91M | $126.89M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $699.52M | $766.24M | $281.14M | $309.06M | $446.40M | $391.21M | $510.59M | $499.93M | $648.88M | $503.69M | $601.92M | $549.09M | $640.75M | $681.94M | $530.67M | $1.02B | $1.38B | $1.38B | $1.76B | $1.78B |
| Net income growth (YoY) | — | +9.5% | -63.3% | +9.9% | +44.4% | -12.4% | +30.5% | -2.1% | +29.8% | -22.4% | +19.5% | -8.8% | +16.7% | +6.4% | -22.2% | +92.7% | +35.1% | +0.0% | +27.1% | +1.3% |
| Profit margin | 13.0% | 13.7% | 6.0% | 7.0% | 9.9% | 8.0% | 8.8% | 7.8% | 8.6% | 7.0% | 7.9% | 6.9% | 8.3% | 8.6% | 6.6% | 10.8% | 12.4% | 11.4% | 12.9% | 12.1% |