Source: W. R. Berkley Corporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$7.65B
$7.68B
$7.69B
$7.90B
$8.10B
$9.46B
$11.17B
$12.14B
$13.64B
$14.71B
Interest expense
$140.90M
$147.30M
$157.19M
$153.41M
$150.54M
$147.18M
$130.37M
$127.46M
$126.91M
$126.89M
Pre-tax income
$896.44M
$772.77M
$812.09M
$852.92M
$704.80M
$1.28B
$1.72B
$1.75B
$2.26B
$2.28B
Income tax
$292.95M
$219.43M
$163.03M
$168.94M
$171.82M
$251.89M
$334.73M
$370.56M
$509.92M
$495.76M
Net income
$601.92M
$549.09M
$640.75M
$681.94M
$530.67M
$1.02B
$1.38B
$1.38B
$1.76B
$1.78B
EPS (basic)
$4.91
$2.93
$3.37
$3.58
$1.89
$3.69
$3.33
$3.40
$4.39
$4.48
EPS (diluted)
$4.68
$2.84
$3.33
$3.52
$1.87
$3.66
$3.29
$3.37
$4.36
$4.45
Diluted shares
128.55M
193.53K
192.40K
193.52K
283.14K
279.75K
419.19K
409.95M
403.22M
399.86M
Net margin
7.9%
7.1%
8.3%
8.6%
6.6%
10.8%
12.4%
11.4%
12.9%
12.1%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$795.28M
$950.47M
$817.60M
$1.02B
$2.37B
$1.57B
$1.45B
$1.36B
$1.97B
$2.54B
Goodwill
$144.51M
$178.94M
$173.04M
$169.65M
$169.65M
$169.65M
$185.51M
$174.60M
$184.33M
$184.33M
Total assets
$23.36B
$24.30B
$24.90B
$26.66B
$28.61B
$32.09B
$33.86B
$37.20B
$40.57B
$43.93B
Total liabilities
$18.28B
$18.85B
$19.42B
$20.54B
$22.28B
$25.42B
$27.09B
$29.73B
$32.16B
$34.21B
Shareholders' equity
$5.05B
$5.41B
$5.44B
$6.07B
$6.31B
$6.65B
$6.75B
$7.46B
$8.40B
$9.70B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$848.38M
$710.88M
$620.20M
$1.14B
$1.62B
$2.18B
$2.57B
$2.93B
$3.68B
$3.58B
Capital expenditures
$50.83M
$115.72M
$49.86M
$60.46M
—
—
—
—
—
—
Free cash flow
$797.55M
$595.16M
$570.34M
$1.08B
$1.62B
$2.18B
$2.57B
$2.93B
$3.68B
$3.58B
Investing cash flow
-$794.49M
-$333.46M
-$714.24M
-$424.87M
$119.70M
-$2.99B
-$1.89B
-$1.96B
-$2.18B
-$2.03B
Financing cash flow
-$6.93M
-$235.09M
-$7.40M
-$513.19M
-$397.84M
$5.83M
-$771.99M
-$1.06B
-$852.49M
-$1.03B
Dividends paid
$184.00M
$188.20M
$254.95M
$308.19M
$84.15M
$355.74M
$235.19M
$501.46M
$531.95M
$700.27M
Share buybacks
$132.39M
$47.81M
$24.75M
$18.23M
$346.36M
$122.43M
$94.14M
$537.16M
$303.65M
$270.22M
Stock-based compensation
$37.17M
$40.49M
$36.59M
$49.27M
$49.66M
$46.68M
$49.41M
$51.00M
$54.38M
$54.52M
Depreciation & amortization
$86.05M
$112.96M
$131.11M
$113.39M
$135.06M
$129.68M
$55.87M
-$20.86M
-$170.64M
-$48.13M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$3.22B
$3.26B
$3.31B
$3.40B
$3.67B
$3.55B
$3.67B
$3.77B
$3.72B
$3.69B
$3.72B
$3.74B
Interest expense
$31.88M
$31.73M
$31.71M
$31.72M
$31.75M
$31.73M
$31.78M
$31.76M
$31.63M
$31.71M
$31.73M
$31.61M
Pre-tax income
$501.20M
$574.07M
$487.67M
$474.45M
$728.30M
$538.61M
$521.86M
$648.11M
$571.96M
$616.10M
$575.20M
$574.32M
Income tax
$102.23M
$132.04M
$115.79M
$109.14M
$152.96M
$121.26M
$121.16M
$136.14M
$117.21M
$100.52M
$122.89M
$126.00M
Net income
$397.34M
$442.47M
$371.91M
$365.63M
$576.10M
$417.57M
$401.29M
$511.03M
$449.51M
$515.22M
$452.26M
$446.00M
EPS (basic)
$0.99
$1.10
$0.93
$0.92
$1.44
$1.05
$1.01
$1.29
$1.13
$1.31
$1.16
$1.15
EPS (diluted)
$0.98
$1.09
$0.92
$0.91
$1.44
$1.04
$1.00
$1.28
$1.13
$1.31
$1.15
$1.14
Diluted shares
-1.27M
405.76M
403.74M
401.82M
-829.00K
399.82M
400.37M
400.20M
-445.00K
394.78M
391.80M
391.34M
Net margin
12.3%
13.6%
11.2%
10.8%
15.7%
11.8%
10.9%
13.6%
12.1%
14.0%
12.2%
11.9%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$1.36B
$1.17B
$1.58B
$1.57B
$1.97B
$1.72B
$1.98B
$2.40B
$2.54B
$2.28B
$2.61B
$2.11B
Goodwill
$174.60M
$174.60M
$184.09M
$184.09M
$184.33M
$184.33M
$184.33M
$184.33M
$184.33M
$184.33M
$184.33M
$184.33M
Total assets
$37.20B
$37.85B
$38.91B
$40.36B
$40.57B
$41.35B
$42.66B
$43.72B
$43.93B
$44.32B
$45.68B
$45.68B
Total liabilities
$29.73B
$30.05B
$31.12B
$31.92B
$32.16B
$32.42B
$33.35B
$33.91B
$34.21B
$34.56B
$35.83B
$36.06B
Shareholders' equity
$7.46B
$7.78B
$7.77B
$8.43B
$8.40B
$8.91B
$9.29B
$9.80B
$9.70B
$9.74B
$9.83B
$9.61B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$698.08M
$746.24M
$881.33M
$1.24B
$810.03M
$743.82M
$703.81M
$1.14B
$995.13M
$667.86M
$800.05M
$731.33M
Free cash flow
$698.08M
$746.24M
$881.33M
$1.24B
$810.03M
$743.82M
$703.81M
$1.14B
$995.13M
$667.86M
$800.05M
$731.33M
Investing cash flow
-$565.43M
-$905.11M
-$87.20M
-$1.11B
-$87.06M
-$924.42M
-$234.21M
-$627.62M
-$243.08M
-$588.59M
-$360.99M
-$912.35M
Financing cash flow
-$423.64M
-$29.70M
-$378.42M
-$153.82M
-$290.55M
-$81.41M
-$231.71M
-$95.26M
-$618.06M
-$339.11M
-$127.70M
-$306.11M
Dividends paid
$314.54M
$28.22M
$157.50M
$125.79M
$220.44M
$30.34M
$223.84M
$34.19M
$411.90M
$33.70M
$0
$259.79M
Share buybacks
$106.63M
$0
$223.76M
$12.48M
$67.41M
$49.20M
$0
$24.63M
$196.39M
$302.43M
$111.49M
$21.14M
Stock-based compensation
$13.20M
$12.98M
$13.88M
$13.46M
$14.06M
$12.42M
$15.06M
$13.13M
$13.90M
$13.23M
$15.77M
$19.54M
Depreciation & amortization
-$24.16M
-$80.78M
-$64.28M
-$11.93M
-$13.64M
-$9.79M
-$13.97M
-$9.07M
-$15.30M
-$15.47M
-$22.14M
-$10.70M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.