WRB Q2 2021 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q2 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$2.3B+18.6% YoY

Gross Profit

$483M21.0% margin

Operating Income

$300M13.1% margin

Net Income

$237M10.3% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

+6.5%

Cash Flow

Operating Cash Flow

$385M

Free Cash Flow

$347M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$30.3B

Total Liabilities

$23.7B

Stockholders' Equity

$6.6B

Cash & Equivalents

$1.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.3B	$1.9B	+18.6%
Gross Profit	$483M	$241M	+100.6%
Operating Income	$300M	$105M	+184.4%
Net Income	$237M	$71M	+232.9%

Revenue Segments

Insurance-Domestic Segment

$1.9B75%

Reinsurance and Monoline Excess Segment

$291M12%

Insurance-International Segment

$221M9%

Re-insurance, International

$90M4%