WRB Q1 2022 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q1 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$2.9B+35.2% YoY

Gross Profit

$896M30.7% margin

Operating Income

$732M25.1% margin

Net Income

$591M20.3% margin

EPS (Diluted)

$1.41

QoQ Revenue Growth

+13.1%

Cash Flow

Operating Cash Flow

$478M

Free Cash Flow

$469M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$32.3B

Total Liabilities

$25.4B

Stockholders' Equity

$6.9B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.9B	$2.2B	+35.2%
Gross Profit	$896M	$448M	+100.0%
Operating Income	$732M	$296M	+147.4%
Net Income	$591M	$230M	+157.3%

Revenue Segments

Insurance-Domestic Segment

$2.1B77%

Reinsurance and Monoline Excess Segment

$314M11%

Insurance-International Segment

$235M9%

Re-insurance, International

$96M3%