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W. R. Berkley Corporation (WRB)
NYSE: WRB · Real-Time Price · USD
76.17
+0.47 (0.62%)
At close: Jul 28, 2026, 4:00 PM EDT
76.02
-0.15 (-0.20%)
After-hours: Jul 28, 2026, 7:45 PM EDT

W. R. Berkley Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021
Period Ending
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 Sep '21 Jun '21
Net Income
515.22449.51511.03401.29417.57576.1365.63371.91442.47397.34333.59356.31294.13382.22228.88179.32590.64294.43261.3237.24
Depreciation & Amortization
-15.47-15.3-9.07-13.97-9.79-13.65-11.93-64.28-80.78-24.16-3.61-2.849.749.848.812.6124.6328.3530.7337.05
Stock-Based Compensation
13.2313.913.1415.0612.4214.0613.4613.8812.9813.212.7113.2911.7913.1612.0912.7211.4410.1913.3611.31
Other Adjustments
-310.06199.3284.4442.5-341.47-46.63103.32103.49-197.0924.7737.82-58.05-23.59-98.5232.96137.84-637.59-62.83-82.77-84.94
Changes in Receivables
-48.65117.92114.82-318.48-43.84127.420.81-264.51-68.135.88-67.21-239.39-33.46-20.3936.31-214.39-69.70.7-43.37-225.43
Changes in Reinsurance Contract Assets
15.25-77.5496.74-90.82-42.96-116.963.470.0781.68-111.4147.77-157.63-84.75-78.85-76.1-108.71-2.64-178.52-76.68-72.85
Changes in Deferred Acquisition Costs
-10.3830.04-13.33-38.75-26.823.24-16.62-49.49-28.28-6.12-24.86-44.69-23.733.88-15.16-38.34-39.22-13.53-36.01-33.55
Changes in Unearned Premiums
47.87-188.9188.12309.46113.06-83.93147.01337.4684.959.24209.74310.5787.99-85.3142.44241.93167.5278.97234.26253.48
Changes in Claims Reserves
390.62445.07254.19523.41544.2305.1550.1459.35393.18426.1374.81490.02424.15458.58437.47472.15316.07471.18459.14402.15
Changes in Income Taxes Payable
77.27-43.47-106.46134.96--10.87-92.35120.05-55.43-82.6476.93--54.51-180.49123.76--10.37-118.58
Changes in Other Operating Activities
-7.04-17.36-6.59-19.45-13.5386.02-14.365.81-14.79-12.81-11.07-15.45-293.89-13.914.47-19.86-7.22-44.0478.99-21.06
Operating Cash Flow
667.86995.131,140703.81743.82810.031,241881.33746.24698.081,077708.75445.32795.3767.65527.97477.68659.59828.59384.82
Operating Cash Flow Growth (YoY)
-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%48.73%-9.94%

Investing Activities

Fiscal Quarter
Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021
Period Ending
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 Sep '21 Jun '21
Capital Expenditures
-9.76-89.32-13.31-21.76-30.99-13.77-35.41-38.04-85.032.13-24.52-14.19-11.53-44.66-25.94-12.91-9.11-13.08-5.29-37.4
Sale of Property, Plant & Equipment
----------------28.14---
Purchases of Investments
-2,338-1,664-2,833-1,808-2,543-2,212-2,980-2,012-2,372-1,590-2,260-1,150-1,746-342.34-2,903-2,832-2,301-2,399-2,372-2,223
Proceeds from Sale of Investments
1,6321,7312,1111,5511,6382,1921,9781,9881,5101,1161,1411,1561,403294.562,0591,5981,8441,6081,7121,986
Cash Acquisitions
-------------000-49.57---
Proceeds from Business Divestments
---------2.490--000906.79---
Other Investing Activities
127.41-89.95107.5843.9211.01-37.27-68.22-24.7841.97-42.52-92.53126.76-5.42-85.28108.58-27.3798.41-15.7726.64-123.79
Investing Cash Flow
-588.59-243.08-627.62-234.21-924.42-87.06-1,105-87.2-905.11-565.43-1,235198.24-359.43-340.94-760.51-1,308518.56-948.57-638.93-206.41

Financing Activities

Fiscal Quarter
Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021
Period Ending
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 Sep '21 Jun '21
Long-Term Debt Issued
1.11-0.21-0.21-1.211.641.341.340.40.02-2.070.941.03-0.87-2.181.99-0.991.191.7345.51-4.32
Long-Term Debt Repaid
--0.34---0.24----424.550---3.3100-426.5-1.041.32-395.23
Net Long-Term Debt Issued (Repaid)
1.11-0.55-0.21-1.211.641.581.340.40.02-426.620.941.03-0.87-5.491.99-0.99-425.320.67346.83-399.55
Issuance of Common Stock
-----------------0.33---
Repurchase of Common Stock
-302.43-196.39-24.630-49.2-67.41-12.48-223.76--106.63-2.92-292.47-135.15-87.57-6.57--0-92.740
Net Common Stock Issued (Repurchased)
-302.43-196.39-24.630-49.2-67.41-12.48-223.76--106.63-2.92-292.47-135.15-87.57-6.57--0.330-92.740
Common Dividends Paid
-33.7-411.9-34.19-223.84-30.34-220.44-125.79-157.5-28.22-314.540-28.33-158.59-53.05-159.160-22.98-199.63-134.820
Other Financing Activities
-4.08-9.43-34.29-6.67-3.51-6.04-14.892.45-1.51-2.36-20.871.44-1.118.96-20.411.3-2.7-17.22-21.22-5.22
Financing Cash Flow
-339.11-618.06-95.26-231.71-81.41-290.55-153.82-378.42-29.71-423.64-22.85-320.28-295.73-137.15-184.150.64-451.33-216.1998.05-404.25

Net Cash Flow

Fiscal Quarter
Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021
Period Ending
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 Sep '21 Jun '21
Foreign Exchange Rate Adjustments
0.841.932.5226.447.47-30.9111.14-4.5-5.568.113.62-5.52.841.38-8.84-18.371.084.98-8.871.13
Net Cash Flow
-259135.92419.49264.32-254.54401.51-7.03411.22-194.14-282.88-177.48581.2-206.99318.6-185.85-798.24546-500.19278.83-224.71

Free Cash Flow

Fiscal Quarter
Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021Q2 2021
Period Ending
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 Sep '21 Jun '21
Free Cash Flow
658.1905.821,127682.05712.83796.261,205843.29661.2700.211,053694.56433.79750.64741.71515.06468.57646.52823.3347.42
Free Cash Flow Growth (YoY)
-7.68%13.76%-6.54%-19.12%7.81%13.72%14.52%21.41%52.42%-6.72%41.91%34.85%-7.42%16.11%-9.91%48.25%56.13%36.80%49.95%-17.07%
FCF Margin
17.83%24.34%29.90%18.58%20.09%21.71%35.45%25.45%20.30%21.74%34.73%23.18%14.98%24.91%27.22%20.50%16.07%25.08%33.96%15.13%
Free Cash Flow Per Share
1.672.272.811.701.781.993.002.091.631.722.591.701.041.791.771.231.121.551.960.83
Levered Free Cash Flow
614.0690.57696.86418.35543.16438.64428.32531.48520.29-172.41583.41350.4854.03167.72224.8772.56423.05153.25823.77-155.22
Unlevered Free Cash Flow
639.85121.51723.1443.37565.88461.38451.08555.24544.26281.21607.63373.6581.53198.45250.0799.28879.07183.45511.2274.95
SEC Filings: 10-K · 10-Q