WRB FINANCIAL STATEMENTS

W. R. Berkley Corp — balance sheet, income statement and cash flow trends

WRBW. R. Berkley Corp

🇺🇸 USA · US · Financial Services · Insurance - Property & Casualty

Value itDuel

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
05 B10 B15 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue14.8 B $Gross Profit3.9 B $ · 26%Operating Income2.4 B $ · 16%Pre-tax Income2.4 B $ · 16%Net Income1.9 B $ · 13%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue14.8 B $+6.6%
Gross Profit3.9 B $+24.1%
Operating Income2.4 B $+8.2%
EBITDA2.4 B $+8.3%
Net Income1.9 B $+8.4%

Peer Comparison· Insurance - Property & Casualty

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
WRB———12.6%
FFH———15.4%
IFC———12.8%
QBE———8.9%
IAG———6.9%
SUN———5.6%
Industry median———10.8%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
020 B40 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets44.3 B
  • Equity9.7 B $22%
  • Current Liabilities26.8 B $61%
  • Long-term Liabilities7.7 B $17%

Key Figures

YoY change
Total Assets44.3 B $+7.2%
Total Liabilities34.6 B $+6.6%
Total Equity9.7 B $+9.3%
Cash & ST Investments28.9 B $+10.7%
Total Debt2.8 B $-0.1%
Net Debt560.1 M $-50.1%

Peer Comparison· Insurance - Property & Casualty

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
WRB1.3829.2%-10.6722.0%
FFH2.6554.0%0.4824.2%
IFC1.6923.3%-2.7033.8%
QBE—35.2%0.6623.7%
IAG—49.8%1.4826.4%
SUN—30.6%0.9934.1%
Industry median0.8927.1%-0.7026.4%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
02 B202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
01 B2 B3 B3.5 B $Operating-1.7 B $Investing-1.3 B $Financing546.4 M $Net Change

Key Figures

YoY change
Operating Cash Flow3.5 B $-4.1%
Capital Expenditures181.5 M $+168.9%
Free Cash Flow3.4 B $-6.6%
Dividends Paid-703.6 M $-231.7%

Peer Comparison· Insurance - Property & Casualty

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
WRB23.7%22.7%1.2%187.7%
FFH4.5%2.1%2.4%29.3%
IFC15.7%13.8%1.9%123.1%
QBE17.5%17.4%0.1%195.8%
IAG6.7%6.5%6.7%97.5%
SUN20.9%20.9%0.0%373.0%
Industry median16.6%15.9%0.6%149.9%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.