WRB Q3 2020 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q3 2020 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$2.0B+3.8% YoY

Gross Profit

$360M17.6% margin

Operating Income

$206M10.1% margin

Net Income

$152M7.4% margin

EPS (Diluted)

$0.36

QoQ Revenue Growth

+5.4%

Cash Flow

Operating Cash Flow

$557M

Free Cash Flow

$549M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$28.2B

Total Liabilities

$22.2B

Stockholders' Equity

$6.0B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$2.0B	+3.8%
Gross Profit	$360M	$344M	+4.7%
Operating Income	$206M	$203M	+1.7%
Net Income	$152M	$165M	-8.2%

Revenue Segments

Insurance-Domestic Segment

$1.6B76%

Reinsurance and Monoline Excess Segment

$258M12%

Insurance-International Segment

$183M9%

Re-insurance, International

$77M4%