15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 12.7% per year over the past 5 years.
Net income has grown faster than revenue (27.4% vs 12.7% per year).
Free cash flow has grown 9.4% per year over the past 5 years.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 39.4% of earnings.
The dividend has grown 52.8% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$14.7B
$1.8B
0.0%
0.0%
—
—
$2.5B
2024
$13.6B
$1.8B
0.0%
0.0%
—
—
$2.0B
2023
$12.1B
$1.4B
0.0%
0.0%
—
—
$1.4B
2022
$11.2B
$1.4B
0.0%
0.0%
—
—
$1.4B
2021
$9.5B
$1.0B
0.0%
0.0%
—
—
$1.6B
2020
$8.1B
$531M
0.0%
0.0%
—
—
$2.4B
2019
$7.9B
$682M
0.0%
0.0%
$1.1B
—
$1.0B
2018
$7.7B
$641M
0.0%
0.0%
$570M
—
$818M
2017
$7.7B
$549M
0.0%
0.0%
$595M
—
$950M
2016
$7.7B
$602M
0.0%
0.0%
$798M
—
$795M
2015
$7.2B
$504M
0.0%
0.0%
$818M
—
$764M
2014
$7.1B
$649M
0.0%
0.0%
$693M
—
$674M
2013
$6.4B
$500M
0.0%
0.0%
$757M
—
$840M
2012
$5.8B
$511M
0.0%
0.0%
$635M
—
$840M
2011
$5.2B
$391M
0.0%
0.0%
$625M
—
$912M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$3.7B
$515M
0.0%
0.0%
—
—
$2.3B
Dec '25
$3.7B
$450M
0.0%
0.0%
—
—
$2.5B
Sep '25
$3.8B
$511M
0.0%
0.0%
—
—
$2.4B
Jun '25
$3.7B
$401M
0.0%
0.0%
—
—
$2.0B
Mar '25
$3.5B
$418M
0.0%
0.0%
—
—
$1.7B
Dec '24
$3.7B
$576M
0.0%
0.0%
—
—
$2.0B
Sep '24
$3.4B
$366M
0.0%
0.0%
—
—
$1.6B
Jun '24
$3.3B
$372M
0.0%
0.0%
—
—
$1.6B
Mar '24
$3.3B
$442M
0.0%
0.0%
—
—
$1.2B
Dec '23
$3.2B
$397M
0.0%
0.0%
—
—
$1.4B
Sep '23
$3.0B
$334M
0.0%
0.0%
—
—
$1.6B
Jun '23
$3.0B
$356M
0.0%
0.0%
—
—
$1.8B
Mar '23
$2.9B
$294M
0.0%
0.0%
—
—
$1.2B
Dec '22
$3.0B
$382M
0.0%
0.0%
—
—
$1.4B
Sep '22
$2.7B
$229M
0.0%
0.0%
—
—
$1.1B
Jun '22
$2.5B
$179M
0.0%
0.0%
—
—
$1.3B
Mar '22
$2.9B
$591M
0.0%
0.0%
—
—
$2.1B
Dec '21
—
$294M
—
—
—
—
$1.6B
Sep '21
$2.4B
$261M
0.0%
0.0%
—
—
$2.1B
Jun '21
$2.3B
$237M
0.0%
0.0%
—
—
$1.8B
Valuation over time
How the market has priced WRB against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 16.8× (Mar '23) to 14.5× (Jun '26).
The price-to-sales ratio has fallen from 2.1× (Mar '23) to 1.8× (Jun '26).
The dividend yield has risen from 1.0% (Mar '23) to 2.7% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is WRB growing its revenue and profit?
Over the past 5 years, W. R. Berkley Corporation's revenue has grown 12.7% per year, and net income grown 27.4% per year. These are computed facts, not advice.
How much debt does WRB have?
As of FY2025, W. R. Berkley Corporation reported — of total debt against $2.5B of cash.
What is WRB's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 12.1%.
What is WRB's P/E ratio?
As of Jun '26, W. R. Berkley Corporation traded at a price-to-earnings ratio of about 14.5× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.