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W. R. Berkley Corporation (WRB)
NYSE: WRB · Real-Time Price · USD
75.23
-1.75 (-2.27%)
Nov 6, 2026, 4:00 PM EST - Market closed

W. R. Berkley Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
446.01452.26515.22449.51511.03401.29417.57576.1365.63371.91442.47397.34333.59356.31294.13382.22228.88179.32590.64294.43
Depreciation & Amortization
2.82.642.5756.462.452.322.2357.232.242.221.9453.27-0.23-2.849.7418.238.812.6124.6328.35
Gain (Loss) on Sale of Investments
18.3155.1915.78-5.93-78.96-30.97-16.36-158.538.0958.51-25.78-7.842.43-58.65-23.01-75.167.41171.56-366.27-12.23
Stock-Based Compensation
19.5415.7713.2313.913.1415.0612.4214.0613.4613.8812.9813.212.7113.2911.7913.1612.0912.7211.4410.19
Change in Accounts Receivable
115.97-283.96-48.65117.92114.82-318.48-43.84127.420.81-264.51-68.135.88-67.21-239.39-33.46-20.3936.31-214.39-69.70.7
Change in Unearned Revenue
78.6319.2447.87-188.9188.12309.46113.06-83.93147.01337.4684.959.24209.74310.5787.99-85.3142.44241.93167.5278.97
Change in Income Taxes
-106.7-129.3577.27-8.0743.47-106.46134.96-45.35-10.87-92.35120.052.7355.43-82.6476.93107.7-54.51-180.49123.7637.68
Change in Deferred Taxes
---9.44---95.31----26.69----64.71---7.63
Change in Insurance Reserves / Liabilities
423.68558.05390.62445.07254.19523.41544.2305.1550.1459.35393.18426.1374.81490.02424.15458.58437.47472.15316.07471.18
Change in Other Net Operating Assets
-112.9310.41-271.42127.46227.5110.5-340.83-107.35194.4570.55-118.54-69.16159.75-18.39-363.75102.75-49.31-75.52-224.35-149.14
Other Operating Activities
-15.62-53.56-57.57-39.63-16.94-43.56-39.04-58.52-18.91-91.98-53.38-88.72-7.821.19-2.18-31.58-36.05-33.86-52.01-50.48
Operating Cash Flow
731.33800.05667.86995.131,140703.81743.82810.031,241881.33746.24698.081,077708.75445.32795.3767.65527.97477.68659.59
Operating Cash Flow Growth (YoY)
-35.84%13.67%-10.21%22.85%-8.13%-20.14%-0.32%16.04%15.20%24.35%67.57%-12.22%40.31%34.24%-6.77%20.57%-7.35%37.20%53.60%37.49%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
----116.26-16.94-20.59-16.2-13.95-13.2-24.13-54.34-10.95-16.41-14.19-11.53-17.41-13.24-12.91-9.11-13.08
Sale of Property, Plant & Equipment
-10.2-15.8227.67-----------------
Cash Acquisitions
------------11.56-------49.57-
Investment in Securities
-862.37-485.04-706.24168.77-682.48-279.5-920.74-5.25-996.01-14.15-893.29-465.12-1,1140.66-350-47.78-843.15-1,234-456.09-790.98
Other Investing Activities
-87.1619.26157.99-232.5974.8-45.9331-30.77-48.3985.08101.36-50.86-96.14119.05-5.99-163.21107.71-28.2498.08-128.75
Investing Cash Flow
-912.35-360.99-588.59-243.08-627.62-234.21-924.42-87.06-1,105-87.2-905.11-565.43-1,235198.24-359.43-340.94-760.51-1,308518.56-948.57

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Long-Term Debt Issued
--1.11---1.64---0.02-------1.19-
Total Debt Issued
-0.2-0.911.11--0.43-1.211.643.11-0.420.40.02-0.120.940.16--2.181.99-0.991.191.7
Total Debt Repaid
-1.39---0.34-1.72--0.24-0.24-----1.09-0.87-3.31---426.5-1.04
Net Debt Issued (Repaid)
-1.59-0.911.11-0.34-2.15-1.211.643.35-0.660.40.02-0.120.94-0.93-0.87-5.491.99-0.99-425.320.67
Repurchases of Common Stock
-21.15-111.49-302.43-196.39-24.63--49.2-67.41-12.48-223.76--106.63-2.92-292.47-135.15-87.57-6.57---
Common Dividends Paid
-47.11--33.7--34.19-223.84-30.34-443.5--157.5-28.22-314.54--28.33-158.59-53.05-159.16--22.98-199.63
Other Financing Activities
-23.59-15.3-4.083.23-34.29-6.67-3.51-6.0482.382.45-1.51-2.36-20.871.44-1.118.96-20.411.63-3.03-17.22
Financing Cash Flow
-306.11-127.7-339.11-618.06-95.26-231.71-81.41-290.55-153.82-378.42-29.71-423.64-22.85-320.28-295.73-137.15-184.150.64-451.33-216.19

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Foreign Exchange Rate Adjustments
-6.3614.240.841.932.5226.447.47-30.9111.14-4.5-5.568.113.62-5.52.841.38-8.84-18.371.084.98
Miscellaneous Cash Flow Adjustments
-----------0-0-------
Net Cash Flow
-493.49325.6-259135.92419.49264.32-254.54401.51-7.03411.22-194.14-282.88-177.48581.2-206.99318.6-185.85-798.24546-500.19

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
731.33800.05667.86878.881,123683.21727.62796.081,228857.2691.9687.121,061694.56433.79777.89754.41515.06468.57646.52
Free Cash Flow Growth (YoY)
-34.87%17.10%-8.21%10.40%-8.53%-20.30%5.16%15.86%15.73%23.42%59.50%-11.67%40.60%34.85%-7.42%20.32%-8.37%48.25%56.13%36.80%
Free Cash Flow Margin
19.56%21.53%18.10%23.62%29.80%18.61%20.51%21.71%36.10%25.87%21.25%21.33%35.00%23.18%14.98%25.81%27.69%20.50%16.07%25.08%
Free Cash Flow Per Share
1.872.041.692.202.811.711.821.993.062.121.711.692.601.701.041.861.801.231.121.55
Levered Free Cash Flow
450.87543.07812.89650.271,010720.5943.8816.211,133777.1575.731,080763.19565.54411.22996.02492.25167.28862.64635.04
Unlevered Free Cash Flow
470.63562.9832.71670.041,030740.36963.63836.061,152796.92595.561,100783.12585.45431.121,016512.11187.11884.5658.37

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
41.1521.8641.2521.6441.1322.0441.1921.5453.4134.4728.5834.6616.3521.8341.1522.2441.1821.6852.9141
Cash Income Tax Paid
208.06206-0.61159.7483183-18.74138.26106165.74-15222158-31.0380.97183-244
Change in Working Capital
257.98327.7178.27515.58708.21360.24367.21380.44870.58526.81368.44329.17696.58400.03153.25488.6484.92185.49266.86389.45
SEC Filings: 10-K · 10-Q