WRB Q1 2021 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q1 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$2.2B+19.1% YoY

Gross Profit

$448M20.8% margin

Operating Income

$296M13.7% margin

Net Income

$230M10.6% margin

EPS (Diluted)

$0.55

QoQ Revenue Growth

-6.7%

Cash Flow

Operating Cash Flow

$311M

Free Cash Flow

$300M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$29.8B

Total Liabilities

$23.4B

Stockholders' Equity

$6.4B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$1.8B	+19.1%
Gross Profit	$448M	$126M	+254.7%
Operating Income	$296M	-$6M	+4677.4%
Net Income	$230M	-$4M	+5295.2%

Revenue Segments

Insurance-Domestic Segment

$1.7B75%

Reinsurance and Monoline Excess Segment

$283M12%

Insurance-International Segment

$196M9%

Re-insurance, International

$88M4%