WRB Q4 2023 Earnings — W. R. Berkley Corporation Revenue & Financial Results | Market Cap Arena

WRBW. R. Berkley Corporation

$26B

Q4 2023 Earnings

Financial Services Insurance - Property & Casualty

Income Statement

Revenue

$3.2B+6.9% YoY

Gross Profit

$801M24.9% margin

Operating Income

$501M15.6% margin

Net Income

$397M12.3% margin

EPS (Diluted)

$0.98

QoQ Revenue Growth

+6.3%

Cash Flow

Operating Cash Flow

$698M

Free Cash Flow

$687M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$37.2B

Total Liabilities

$29.7B

Stockholders' Equity

$7.5B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.2B	$3.0B	+6.9%
Gross Profit	$801M	$742M	+7.9%
Operating Income	$501M	$478M	+4.8%
Net Income	$397M	$382M	+4.0%

Revenue Segments

Insurance-Domestic Segment

$2.6B87%

Reinsurance and Monoline Excess Segment

$395M13%