profit from every $100 of sales.
$0$100
W. R. Berkley
$77.44+0.38% today
+0.6% in 1 year
1-year low $63.541-year high $78.10
Trading close to its highest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $16.17 for every $1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What W. R. Berkley sold, what it kept, and what it did with the cash.
Sales went from $11.2 billion in 2022 to $14.6 billion in 2025, with $1.78 billion of profit last year.
SalesProfit
W. R. Berkley handed back 28% of the cash it generated last year.
$700M
Free cash flow 2025$3.4B
Bought back its own shares$270M
Paid as dividends$700M
Cash vs. debt$2.5B vs. $2.8B
W. R. Berkley vs. similar companies
W. R. Berkley grows in the middle of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| W. R. Berkley | 16.2× · Fair price | ||
 Chubb | 13.9× · Cheap | ||
 The Progressive | 12.1× · Cheap | ||
 Tokio Marine Holdings | 15.9× · Fair price | ||
 The Travelers Companies | 13.1× · Cheap |
AI analysis
An AI analyst reads W. R. Berkley's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 8,099 | 9,455 | 11,217 | 12,111 | 13,691 | 14,640 | |
| – | – | – | – | – | – | |
| – | – | – | – | – | – | |
| 990 | 1,560 | 1,906 | 1,861 | 2,221 | 2,359 | |
| 531 | 1,022 | 1,381 | 1,381 | 1,756 | 1,779 | |
| 1.25 | 2.44 | 3.29 | 3.37 | 4.36 | 4.45 | |
| – | – | – | – | – | – | |
| – | – | – | – | – | – | |
| 6.6% | 10.8% | 12.3% | 11.4% | 12.8% | 12.2% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 28,607 | 32,086 | 33,861 | 37,202 | 40,567 | 44,071 |
| Cash | 2,372 | 1,569 | 1,449 | 1,363 | 1,975 | 2,540 |
| Total debt | – | – | 2,837 | 2,837 | 2,841 | 2,840 |
| Total liabilities | 22,281 | 25,419 | 27,093 | 29,733 | 32,160 | 34,359 |
| 6,311 | 6,653 | 6,748 | 7,455 | 8,395 | 9,701 | |
| 0 | 0 | 419 | 410 | 403 | 400 | |
| 10.7% | 17.0% | 15.2% | 14.4% | 16.8% | 15.2% | |
| 8.4% | 15.4% | 20.5% | 18.5% | 20.9% | 18.3% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,617 | 2,184 | 2,569 | 2,929 | 3,678 | 3,583 | |
| – | – | 53 | 53 | 106 | 170 | |
| – | – | 2,516 | 2,876 | 3,573 | 3,413 | |
| Dividends paid | 84 | 356 | 235 | 501 | 532 | 700 |
| 346 | 122 | 94 | 537 | 304 | 270 | |
| 50 | 47 | 49 | 51 | 54 | 55 |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 16.2×
- 16.6×
- 0.56
- 2.7×
- 2.0×
- 6.2%
- 2.8%
Profitability
- 12.2%
- 11.0%
- 13.6%
- 19.5%
- 4.2%
Growth
- +12.6%
- +29.0%
- +54.7%
- −1.4%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 21%of 850
Bottom 34%of 733
Bottom 38%of 865
Top 35%of 861
Top 20%of 920
What analysts expect
- Average price target
- $70.30
- Range
- $64.00 – $80.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 21, 2026 | 1.30 | 1.13 | +15.0% |
| Jan 26, 2026 | 1.13 | 1.13 | +0.0% |
| Oct 20, 2025 | 1.10 | 1.11 | −0.9% |
| Jul 21, 2025 | 1.05 | 1.03 | +1.9% |
| Apr 21, 2025 | 1.01 | 0.99 | +2.5% |
| Jan 27, 2025 | 1.13 | 0.96 | +17.8% |
| Oct 21, 2024 | 0.93 | 0.92 | +1.1% |
| Jul 22, 2024 | 1.04 | 0.92 | +13.0% |
2.8%of the share price, paid each year
On $1,000 invested$28a year at today's yield, before tax
+54.7%2020 to 2025
Raised3 yearsin a row, in our data
Paid per share, each year
$0.14 in 2015 → $1.85 in 2025
How safe it looks
39.4% of its profit
Room to growStretchedMore than it earns: 20.5%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
76Pass
Benjamin Graham
58No pass
Philip Fisher
72Pass
Peter Lynch
87Pass
Joel Greenblatt
42No pass
Charlie Munger
57No pass
Terry Smith
55No pass
Questions about W. R. Berkley
Is W. R. Berkley a good stock to buy?
A solid business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the W. R. Berkley AI analysis
What does W. R. Berkley do?
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. It is in Insurance - Property & Casualty, based in Greenwich, CT, United States, with 8,804 employees.
Does W. R. Berkley pay a dividend?
Yes. At today's price the dividend is 2.8% a year, about 39% of its yearly profit. In 2025 it paid out $700 million in dividends.
Is W. R. Berkley stock halal?
No. W. R. Berkley does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has W. R. Berkley stock done over the past year?
Up 0.6% over the past twelve months, to $77.44. It traded between $63.54 and $78.10, close to its high.
Who are W. R. Berkley's competitors?
The largest listed companies in the same industry are Chubb, The Progressive, Tokio Marine Holdings and The Travelers Companies. The peers table on this page compares their profit, growth and price with W. R. Berkley's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.