WRB Q2 2024 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q2 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$3.3B+10.6% YoY

Gross Profit

$698M21.1% margin

Operating Income

$488M14.7% margin

Net Income

$372M11.2% margin

EPS (Diluted)

$0.92

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$881M

Free Cash Flow

$857M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$38.9B

Total Liabilities

$31.1B

Stockholders' Equity

$7.8B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.0B	+10.6%
Gross Profit	$698M	$684M	+2.1%
Operating Income	$488M	$457M	+6.7%
Net Income	$372M	$356M	+4.4%

Revenue Segments

Insurance-Domestic Segment

$2.8B87%

Reinsurance-Global Segment

$420M13%

Geographic Segments

Insurance-Domestic Segment

$2.8B100%