W. R. Berkley Corporation (WRB)
NYSE: WRB · Real-Time Price · USD
69.14
-0.36 (-0.52%)
At close: Sep 4, 2026, 4:00 PM EDT
69.75
+0.61 (0.88%)
After-hours: Sep 4, 2026, 7:53 PM EDT
W. R. Berkley Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,928 | 1,779 | 1,756 | 1,381 | 1,381 | 1,022 |
Depreciation & Amortization | 64.12 | 63.45 | 63.63 | 59.94 | 55.87 | 129.68 |
Gain (Loss) on Sale of Investments | -13.93 | -132.22 | -117.71 | -47.04 | -202.4 | -90.63 |
Stock-Based Compensation | 56.04 | 54.52 | 54.38 | 51 | 49.41 | 46.68 |
Change in Accounts Receivable | -99.87 | -129.59 | -184.43 | -334.18 | -268.17 | -364.4 |
Change in Unearned Revenue | 266.32 | 321.74 | 485.49 | 617.54 | 466.59 | 786.63 |
Change in Income Taxes | -16.68 | 63.91 | -28.53 | 52.45 | -3.53 | -43.89 |
Change in Deferred Taxes | 9.44 | 9.44 | 95.31 | -26.69 | -64.71 | 7.63 |
Change in Insurance Reserves / Liabilities | 1,648 | 1,767 | 1,708 | 1,715 | 1,684 | 1,636 |
Change in Other Net Operating Assets | 93.96 | 24.65 | 39.11 | -291.56 | -246.43 | -344.18 |
Other Operating Activities | -167.69 | -139.16 | -222.78 | -97.54 | -145.1 | -220.02 |
Operating Cash Flow | 3,603 | 3,583 | 3,678 | 2,929 | 2,569 | 2,184 |
Operating Cash Flow Growth | 2.99% | -2.60% | 25.57% | 14.04% | 17.61% | 35.09% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -133.2 | -169.99 | -105.62 | -53.08 | -52.68 | -66.63 |
Cash Acquisitions | - | - | - | -11.56 | -49.57 | - |
Investment in Securities | -1,807 | -1,816 | -1,909 | -1,928 | -2,581 | -3,044 |
Other Investing Activities | 121.37 | -70.81 | 107.28 | -33.93 | 14.34 | -17.98 |
Investing Cash Flow | -1,820 | -2,029 | -2,184 | -1,962 | -1,891 | -2,989 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | 3.11 | 0.98 | - | 1,034 |
Total Debt Repaid | -2.06 | -2.06 | - | -1.95 | -429.81 | -504.95 |
Net Debt Issued (Repaid) | -2.29 | -2.06 | 3.11 | -0.97 | -429.81 | 529.16 |
Repurchases of Common Stock | -634.94 | -270.22 | -303.66 | -537.16 | -94.14 | -122.43 |
Common Dividends Paid | - | -86 | -531.95 | -501.46 | -235.19 | -355.74 |
Other Financing Activities | 71.37 | -53.89 | -19.98 | -22.9 | -12.85 | -45.16 |
Financing Cash Flow | -1,180 | -1,026 | -852.49 | -1,062 | -771.99 | 5.83 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 19.52 | 38.36 | -29.84 | 9.07 | -24.75 | -4.2 |
Net Cash Flow | 622 | 565.19 | 611.55 | -86.15 | -119.5 | -803.52 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,470 | 3,413 | 3,573 | 2,876 | 2,516 | 2,117 |
Free Cash Flow Growth | 1.03% | -4.48% | 24.22% | 14.32% | 18.82% | 34.14% |
Free Cash Flow Margin | 23.29% | 23.20% | 26.20% | 23.69% | 22.53% | 22.39% |
Free Cash Flow Per Share | 8.75 | 8.54 | 8.86 | 7.02 | 6.00 | 5.05 |
Levered Free Cash Flow | 3,046 | 3,353 | 3,329 | 2,846 | 2,535 | 2,181 |
Unlevered Free Cash Flow | 3,125 | 3,432 | 3,408 | 2,926 | 2,616 | 2,273 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 125.88 | 126 | 138 | 114 | 138 | 141 |
Cash Income Tax Paid | 448.13 | 407 | 410 | 332 | 295 | 244 |
Change in Working Capital | 1,730 | 1,951 | 2,146 | 1,579 | 1,426 | 1,287 |