WRB Q4 2022 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q4 2022 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$3.0B+16.9% YoY

Gross Profit

$742M24.6% margin

Operating Income

$478M15.9% margin

Net Income

$382M12.7% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+10.6%

Cash Flow

Operating Cash Flow

$795M

Free Cash Flow

$778M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$33.9B

Total Liabilities

$27.1B

Stockholders' Equity

$6.7B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.6B	+16.9%
Gross Profit	$742M	$591M	+25.5%
Operating Income	$478M	$355M	+34.9%
Net Income	$382M	$294M	+29.8%

Revenue Segments

Insurance-Domestic Segment

$2.4B87%

Reinsurance and Monoline Excess Segment

$361M13%