WRB Q3 2024 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q3 2024 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$3.4B+12.2% YoY

Gross Profit

$717M21.1% margin

Operating Income

$474M14.0% margin

Net Income

$366M10.8% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$1.2B

Free Cash Flow

$1.2B

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$40.4B

Total Liabilities

$31.9B

Stockholders' Equity

$8.4B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.0B	+12.2%
Gross Profit	$717M	$626M	+14.5%
Operating Income	$474M	$420M	+13.0%
Net Income	$366M	$334M	+9.6%

Revenue Segments

Insurance-Domestic Segment

$2.8B87%

Reinsurance-Global Segment

$419M13%