W.R. Berkley Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $14.71B | $13.64B | $12.16B | $11.17B | $9.45B | $8.09B | $7.84B |
| Net Premiums Earned | — | — | — | $10.28B | — | $7.87B | $7.20B | $6.84B |
| Net Investment Income | — | — | — | $1.06B | — | $681.4M | $554.8M | $647.0M |
| Service Fees | — | — | — | $31.5M | — | $27.6M | $25.6M | $24.1M |
| Net Investment Gains (Losses) | — | — | — | $468.8M | — | $374.6M | $289.3M | $315.3M |
| Other Revenues | — | — | — | $312.2M | — | $501.5M | $12.4M | $10.0M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | — | $2.41B | $2.39B | $1.88B | $1.85B | $1.43B | $855.3M | $1.01B |
| Operating Margin | — | 16.4% | 17.5% | 15.5% | 16.6% | 15.1% | 10.6% | 12.8% |
| Interest Expense | — | $126.9M | $126.9M | $127.5M | $130.4M | $147.2M | $150.5M | $153.4M |
| Pretax Income | — | $2.28B | $2.26B | $1.75B | $1.72B | $1.28B | $704.8M | $852.9M |
| Income Tax Expense | — | $495.8M | $509.9M | $370.6M | $334.7M | $251.9M | $171.8M | $168.9M |
| Net Income | — | $1.78B | $1.76B | $1.38B | $1.38B | $1.02B | $530.7M | $681.9M |
| Net Margin | — | 12.1% | 12.9% | 11.4% | 12.4% | 10.8% | 6.6% | 8.7% |
| EPS (Basic) | — | $4.48 | $4.39 | $3.40 | $0.00 | $0.00 | $0.00 | $0.00 |
| EPS (Diluted) | — | $4.45 | $4.36 | $3.37 | $0.00 | $0.00 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 374.5M | 397.0M | 399.7M | 406.5M | 406.1M | 271.3M | 274.2M | 186.5M |
| Shares Outstanding (Diluted) | 374.5M | 399.9M | 403.2M | 409.9M | 410.0M | 273.6M | 276.9M | 189.3M |
| Dividends Per Share | — | $1.85 | $1.40 | $1.29 | $0.00 | $0.00 | $0.00 | $0.00 |