Chubb Limited (CB) vs W.R. Berkley Corporation (WRB)

Chubb Limited and W.R. Berkley Corporation are both Insurance Property & Casualty companies. Chubb Limited is the larger, with a market value of $129.3B against $25.0B — 5.2× the size. Chubb Limited trades at the lower P/E: 11.7× against 13.7×. Chubb Limited grew revenue faster over the last twelve months: 8.02% against 4.27%. Chubb Limited has the higher net margin (18.1% vs 12.9%) and the lower return on invested capital (9.52% vs 15.7%). Both pay a dividend; W.R. Berkley Corporation yields more (1.72% vs 1.46%). Across the 23 metrics below, W.R. Berkley Corporation leads on 13 and Chubb Limited on 10.

Valuation

Metric CB WRB Insurance Property & Casualty median
P/E 11.68 13.66 10.29
P/S 2.09 1.75 1.17
P/B 1.60 2.64 1.83
Price to free cash flow 8.40 7.62 7.48
EV/EBITDA 9.83 10.60 7.49
EV/Sales 2.39 1.76 1.13
Earnings yield 8.56% 7.32% 9.50%
Free cash flow yield 11.91% 13.13% 13.29%

Profitability

Metric CB WRB Insurance Property & Casualty median
Gross margin 31.02% 47.56% 41.16%
Operating margin 24.55% 17.04% 15.09%
Net margin 18.10% 12.94% 11.51%
Free cash flow margin 24.88% 22.92% 17.59%
Return on equity 14.41% 20.14% 18.19%
Return on assets 4.12% 4.37% 3.74%
Return on invested capital 9.52% 15.74% 12.06%

Growth

Metric CB WRB Insurance Property & Casualty median
Revenue growth (TTM) 8.02% 4.27% 8.69%
EPS growth (last fiscal year) 13.13% 2.06% —
Revenue growth, 5-year CAGR 10.54% 12.67% 9.23%
Net income growth, 5-year CAGR 23.89% 27.38% 10.09%

Health

Metric CB WRB Insurance Property & Casualty median
Debt to equity 0.27 0.29 0.25
Current ratio 0.25 0.32 0.42
Net debt to EBITDA 1.31 0.13 0.08

Dividend

Metric CB WRB Insurance Property & Casualty median
Dividend yield 1.46% 1.72% 2.79%
Payout ratio 0.24 0.09 0.27

Size

Metric CB WRB Insurance Property & Casualty median
Market cap 129.34b 24.98b 2.44b

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