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WRB · NYSE · United States · Fire, Marine & Casualty Insurance
In shortBERKLEY W R CORP is profitable.
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it. Bank or insurer: tests that do not apply to them are left out.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 12.1% | 68/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 19.7% | 98/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 24.4% | n/a |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.01× | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | n/a |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 4.6% | 94/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | 9.6% | 70/100 |
|---|---|---|
| EPS growth, 3-year average | 10.6% | 78/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 9,455 | 11,166 | 12,143 | 13,639 | 14,708 |
| Interest expense | 147 | 130 | 127 | 127 | 127 |
| Pre-tax income | 1,283 | 1,720 | 1,754 | 2,264 | 2,281 |
| Income tax | 252 | 335 | 371 | 510 | 496 |
| Net income | 1,022 | 1,381 | 1,381 | 1,756 | 1,779 |
| Diluted EPS | $3.66 | $3.29 | $3.37 | $4.36 | $4.45 |
| Diluted shares (millions) | 0.3 | 0.4 | 410 | 403 | 400 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: the model does not apply to banks and insurers.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 31, 2026