WRB Q3 2021 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q3 2021 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$2.4B+18.8% YoY

Gross Profit

$500M20.6% margin

Operating Income

$332M13.7% margin

Net Income

$261M10.8% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

+5.6%

Cash Flow

Operating Cash Flow

$829M

Free Cash Flow

$823M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$31.5B

Total Liabilities

$24.9B

Stockholders' Equity

$6.6B

Cash & Equivalents

$2.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.0B	+18.8%
Gross Profit	$500M	$360M	+39.1%
Operating Income	$332M	$206M	+61.0%
Net Income	$261M	$152M	+72.3%

Revenue Segments

Insurance-Domestic Segment

$1.9B76%

Reinsurance and Monoline Excess Segment

$310M12%

Insurance-International Segment

$220M9%

Re-insurance, International

$100M4%