W. R. Berkley Corporation (WRB)

W. R. Berkley Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Premiums & Annuity Revenue	11,252	10,401	9,561	8,106	6,931	6,633
Total Interest & Dividend Income	1,329	1,053	779.19	671.62	583.82	645.61
Gain (Loss) on Sale of Investments	-33.02	47.04	202.4	90.63	103	120.7
Non-Insurance Activities Revenue	535.59	535.51	509.55	489.15	389.89	406.54
Other Revenue	108.73	106.87	113.94	98.03	91.37	96.05
Total Revenue	13,193	12,143	11,166	9,455	8,099	7,902
Revenue Growth (YoY)	10.53%	8.74%	18.10%	16.75%	2.49%	2.74%
Policy Benefits	6,898	6,372	5,862	4,954	4,469	4,131
Selling, General & Administrative	44.26	44.26	43.38	44.05	44.29	44.11
Non-Insurance Activities Expense	519.37	525	493.19	472.15	384.49	402.67
Other Operating Expenses	3,532	3,288	2,969	2,569	2,346	2,349
Total Operating Expenses	10,993	10,229	9,367	8,040	7,243	6,927
Operating Income	2,199	1,914	1,799	1,416	855.7	975.61
Interest Expense	-127.04	-127.46	-130.37	-147.18	-150.54	-153.41
Currency Exchange Gain (Loss)	-34.9	-31.8	50.93	25.73	-0.36	30.72
EBT Excluding Unusual Items	2,037	1,754	1,720	1,294	704.8	852.92
Other Unusual Items	-	-	-	-11.52	-	-
Pretax Income	2,037	1,754	1,720	1,283	704.8	852.92
Income Tax Expense	459.19	370.56	334.73	251.89	171.82	168.94
Earnings From Continuing Ops.	1,578	1,384	1,385	1,031	532.99	683.99
Minority Interest in Earnings	-0.84	-2.49	-3.89	-8.53	-2.32	-2.04
Net Income	1,577	1,381	1,381	1,022	530.67	681.94
Net Income to Common	1,577	1,381	1,381	1,022	530.67	681.94
Net Income Growth	15.45%	0.02%	35.07%	92.68%	-22.18%	6.43%
Shares Outstanding (Basic)	401	407	415	416	421	429
Shares Outstanding (Diluted)	405	410	419	420	425	435
Shares Change (YoY)	-2.04%	-2.21%	-0.10%	-1.20%	-2.46%	0.59%
EPS (Basic)	3.93	3.40	3.33	2.46	1.26	1.59
EPS (Diluted)	3.90	3.37	3.29	2.44	1.25	1.56
EPS Growth	17.84%	2.23%	34.97%	95.72%	-20.31%	5.70%
Free Cash Flow	-	2,876	2,516	2,117	1,579	1,083
Free Cash Flow Per Share	-	7.02	6.00	5.05	3.72	2.49
Dividend Per Share	0.073	0.287	0.260	0.227	0.207	0.191
Dividend Growth	-73.79%	10.27%	14.69%	9.68%	8.16%	10.27%
Operating Margin	16.67%	15.76%	16.11%	14.97%	10.57%	12.35%
Profit Margin	11.96%	11.38%	12.37%	10.81%	6.55%	8.63%
Free Cash Flow Margin	-	23.69%	22.53%	22.39%	19.49%	13.71%
EBITDA	-	1,918	1,855	1,546	990.77	1,089
EBITDA Margin	-	15.80%	16.61%	16.35%	12.23%	13.78%
D&A For EBITDA	-	4.39	55.87	129.68	135.07	113.39
EBIT	2,199	1,914	1,799	1,416	855.7	975.61
EBIT Margin	16.67%	15.76%	16.11%	14.97%	10.57%	12.35%
Effective Tax Rate	22.54%	21.12%	19.46%	19.63%	24.38%	19.81%
Revenue as Reported	13,193	12,143	11,166	9,455	8,099	7,902

Source: S&P Capital IQ. Insurance template. Financial Sources.