W.R. Berkley Corporation (WRB)

NYSE: WRB · Fire, Marine & Casualty Insurance · Greenwich, CT · filing with the SEC since 1994

Grade6.5

◀ Past 7.3● Present 6.3▶ Future 5.5

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2020	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Feb 27, 2026	Feb 24, 2025	Feb 23, 2024	Feb 24, 2023	Feb 24, 2022	Feb 18, 2021	Feb 20, 2020	Feb 22, 2019	Feb 23, 2018	Feb 28, 2017
Revenue	14,707,856	13,638,752	12,142,938	11,166,499	9,455,466	8,098,925	7,902,196	7,691,651	7,684,764	7,654,184
For lenders
Provision for credit losses	-953	-1,890	1,782	73	-3,719	3,648	·	·	·	·
For insurers
Premiums earned	12,446,938	11,548,485	10,400,687	9,561,429	8,106,031	6,930,843	6,633,288	6,371,505	6,311,419	6,293,348
Net investment income	1,429,067	1,333,161	1,052,835	779,185	671,618	583,821	645,614	674,235	575,788	564,163
Benefits, claims and losses	7,771,657	7,131,595	6,372,142	5,861,750	4,953,960	4,468,706	4,131,116	3,974,702	4,002,348	3,845,800
Total costs and expenses	12,427,313	11,374,259	10,388,535	9,446,818	8,172,561	7,394,123	7,049,276	6,879,557	6,911,994	6,757,746
Interest expense	126,892	126,907	127,459	130,374	147,180	150,537	153,409	157,185	147,297	140,896
Interest and investment income	·	·	·	·	679,414	592,946	651,361	678,596	582,740	573,323
Share of profit of equity-method investments	27,582	-11,491	16,743	145,099	220,014	54,253	69,194	109,349	68,169	99,301
Income before income taxes	2,280,543	2,264,493	1,754,403	1,719,681	1,282,905	704,802	852,920	812,094	772,770	896,438
Income tax expense	495,764	509,916	370,557	334,727	251,890	171,817	168,935	163,028	219,433	292,953
Net income including non-controlling interests	1,784,779	1,754,577	1,383,846	1,384,954	1,031,015	532,985	683,985	649,066	553,337	603,485
Net income to non-controlling interests	5,376	-1,538	2,487	3,892	8,525	2,315	2,041	8,317	4,243	1,569
Net income	1,779,403	1,756,115	1,381,359	1,381,062	1,022,490	530,670	681,944	640,749	549,094	601,916
Earnings per share, basic	4.48	4.39	3.40^r	3.33^r	2.46^rb	1.26^rb	1.5911^b	1.4978^rb	1.3022^rb	2.1822^b
Earnings per share, diluted	4.45	4.36	3.37^r	3.29^r	2.44^rb	1.2467^rb	1.5644^b	1.48^rb	1.2622^rb	2.08^b
Weighted average shares, basic	396,968,000	399,734,000^r	406,500,000^r	415,278^r	416,145^rb	420,579^rb	429,124^b	427,608^rb	421,346^rb	275,964,743^b
Weighted average shares, diluted	399,861,000	403,224,000^r	409,948,000^r	419,192,000^rb	419,624,000^rb	424,718,000^rb	435,422,000^b	432,889,000^rb	435,436,000^rb	289,243,886^b

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 3-for-2 split of Mar 2022.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed

Premiums earned insurance premiums earned in the periodus-gaap:PremiumsEarnedNet

Net investment income what its investments earnedus-gaap:NetInvestmentIncome

Benefits, claims and losses what it paid or set aside for claimsus-gaap:PolicyholderBenefitsAndClaimsIncurredNet

Total costs and expenses every operating cost, the cost of revenue includedus-gaap:OperatingCostsAndExpenses

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterestAndDividend

Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton WRB · research, not advice