W.R. Berkley Corporation

WRB Financial Insurance Property & Casualty

W.R. Berkley Corporation’s revenue for fiscal 2025 (year ended December 2025) was $14.7 billion, up 7.84% from fiscal 2024.

Revenue
−0.78%
EPS
−10.9%
Free cash flow
−31.3%
Total debt
−0.03%

Quarter to September 2026, against a year earlier

75.43 1.55 −2.01%
Market cap
$28.6B
P/E
16.2×
Fwd P/E
15.1×
Dividend yield
0.25%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

W.R. Berkley Corporation (WRB) Gross margin

Alert me on Gross margin

W.R. Berkley Corporation's gross margin over the twelve months to 30 September 2026 was 47.3%, up 0.1 percentage points from fiscal 2025 (47.2%). Over the past ten years it has ranged from 44.8% (fiscal 2020) to 49.8% (fiscal 2016); the current reading is higher than 18% of that period. That is above the Insurance Property & Casualty industry median of 37.4% and below the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 47.2% (0.55)
FY2024 47.7% 0.19
FY2023 47.5% 0.01
FY2022 47.5% (0.10)
FY2021 47.6% 2.79
FY2020 44.8% (2.90)
FY2019 47.7% (0.60)
FY2018 48.3% 0.40
FY2017 47.9% (1.84)
FY2016 49.8% 0.50

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 46.6% (0.69)
Jun 2026 47.2% (0.30)
Mar 2026 47.5% (0.15)
Dec 2025 47.7% (0.06)
43 more quarters

Against its own ten years

Low 44.8% High 49.8%
Ten-year median 47.7%
Current reading's percentile 28

Gross margin against peers

Company Gross margin
AIZ Assurant, Inc. compare 78.1%
L Loews Corporation compare 52.9%
MKL Markel Group Inc. compare 50.2%
TRV The Travelers Companies, Inc. compare 49.7%
WRB W.R. Berkley Corporation 47.3%
CNA CNA Financial Corporation compare 41.7%
CINF Cincinnati Financial Corporation compare 25.5%
AFG American Financial Group, Inc. compare 22.7%
ALL The Allstate Corporation compare 0.00%
Insurance Property & Casualty industry median 37.4%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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