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W. R. Berkley Corporation (WRB) stock

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NYSE: WRB NYSE Property & Casualty Insurance Next results ~January 25, 2027

C+ Fundamentals grade

W. R. Berkley Corporation is a US-listed company in the property & casualty insurance industry. Its financial year ends in December.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

Value diary

Our note on each quarter W. R. Berkley files

10-Q filed November 2: W. R. Berkley

Revenue for the twelve months to September 2026 was $14.9bn, up 1.5% on a year earlier, slower than the 4.3% growth a quarter earlier. Its fundamentals grade moves from D to C+.

Our model value for W. R. Berkley is under review, so past values are not shown until it is resolved.

Source: 10-Q filed November 2, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (1)

Where W. R. Berkley stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $14.9bn, up 4.3% on a year earlier, slower than 6.6% a quarter earlier.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 25, 2027 (estimated)

W. R. Berkley Corporation's trailing-twelve-month revenue grew 1.5% year on year, with a free-cash-flow margin of 21.9%.

Current signal Revenue growth decelerating: TTM revenue growth slowed to 1.5% (-2.8pp vs the prior quarter), the 5th consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 21.9% of revenue turned into free cash flow.
  • Shrinking share count. Diluted shares fell 1.6% in a year, so each share owns more of the business.
  • Net cash. Cash exceeds long-term debt by $2.1bn.
  • Beating expectations. Earnings per share beat the analysts' consensus estimate in each of the last four quarters.

Things to watch

  • Growth easing. The growth rate is 2.8 points lower than a quarter earlier.
  • Below peers: revenue growth. Revenue growth of 1.5% ranks 37 of 48 property & casualty insurance companies we cover (median 8.3%).
  • Earnings expected to fall. The consensus expects earnings per share to fall 2% next year.

Latest results: FY2026 Q3

Filed November 2, 2026
Earnings per share
$1.17 against an average estimate of $1.16: beat by 0.5%
Revenue
$3.74bn, down 0.8% on a year earlier
Share reaction
-3.0% in the first session after the results on October 19, 2026, against +0.8% for the S&P 500
Next report
October 19, 2026; average EPS estimate $1.21

W. R. Berkley's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.1%
  • 1 week+3.7%
  • 1 month+8.9%
  • This year+8.4%
  • 1 year+7.5%
  • 5 years+139.7%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

Loading chart…

Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$14.9B
Net margin
12.5%
EPS (TTM, diluted)
$4.73

Growth

Revenue growth
+1.5%
Change in growth rate
−2.8 pts
Share count change
−1.6%

Earnings

Last results
October 19, 2026
Next results (est.)
January 25, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Results
  3. Dividend
  4. Announcement
  5. Leadership
  6. Announcement
  7. Results
  8. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

W. R. Berkley Corporation valuation models and calculator

No model value for W. R. Berkley Corporation at the moment. Current status: valuation models disagree too widely to rate. Available reported financials are shown below.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valuation models disagree too widely to rate: held for review.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value W. R. Berkley Corporation as an insurer, with every model that fits that kind of business. Cost of equity 7.4%: the 10-year Treasury yield (4.9%) plus a beta of 0.54 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$100 ~$72–$150 Primary model, counts double
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$100 ~$83–$130 Included
Price-to-book vs return on equity (peers) The price-to-book that peers with this return on equity trade on, from a line fitted across peers. ~$58 ~$40–$76 Included
Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. ~$33 ~$28–$56 Included
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$49 ~$43–$62 Included
Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. ~$120 ~$94–$160 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare W. R. Berkley Corporation with property, casualty and specialty insurers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Moat

75 /100

Strong moat

How hard W. R. Berkley's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 20 / 20

    Net income has been a median 3.5% of total assets over 10 years.

  • Durability 8 / 20

    Net margin has been a median 11.4%; its worst year was 4.4%.

  • Discipline 20 / 20

    The diluted share count fell 10.9% over five years; stock-based pay has been a median 0.5% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (80 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $4.95 +14% $12.8bn +3%
Next $4.85 −2% $13.2bn +3%

Next year's EPS estimate has moved +0.6% in 90 days, across 17 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +1.6% on 90 days ago. In the last 30 days, 8 analysts raised W. R. Berkley Corporation's forecast and 3 cut it.

Consensus EPS forecast W. R. Berkley Corporation, last 90 days
$4.80 $4.85 $4.90 $4.95 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $4.87 Current fiscal year, 60 days ago: $4.89 Current fiscal year, 30 days ago: $4.89 Current fiscal year, 7 days ago: $4.95 Current fiscal year, Now: $4.95 $4.95 Next fiscal year, 90 days ago: $4.83 Next fiscal year, 60 days ago: $4.83 Next fiscal year, 30 days ago: $4.85 Next fiscal year, 7 days ago: $4.90 Next fiscal year, Now: $4.85 $4.85

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $4.87$4.83
60 days ago $4.89$4.83
30 days ago $4.89$4.85
7 days ago $4.95$4.90
Now $4.95$4.85

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $1.16 $1.17 +0.5%
Jun 2026 $1.08 $1.27 +17.3%
Mar 2026 $1.14 $1.30 +14.1%
Dec 2025 $1.12 $1.13 +0.4%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 19, 2026

No numeric guidance in W. R. Berkley Corporation's latest earnings release (filed October 19, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

18 analysts, Oct 2026
Buy211%
Hold950%
Sell739%

Monthly trend

  1. Oct 2026294318
  2. Sep 2026294318
  3. Aug 2026294318
  4. Jul 2026294318

Counts of recommendations published by analysts covering W. R. Berkley Corporation, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
0.0%
of tradable shares
Days to cover
0.01
at average volume
Short interest, 1 month
−100%
to October 15, 2026
Held by institutions
76%
of shares
Held by insiders
26.3%
of shares
Employees
8,804
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months +8.3%

$69.40 on October 31, 2025 to $75.16

ThenNowEffect
Revenue (last 12 months) $14.3bn $14.9bn +4.3%
Net margin 12.3% 12.9% +5.0%
P/E multiple 15.8x 15.5x −2.2%
Share count 401m 396m +1.1%

Biggest factor: net margin.

Last 3 years +78.3%

$42.15 on November 3, 2023 to $75.16

ThenNowEffect
Revenue (last 12 months) $11.6bn $14.9bn +28.1%
Net margin 10.8% 12.9% +19.3%
P/E multiple 13.9x 15.5x +11.2%
Share count 416m 396m +5.0%

Biggest factor: revenue.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
WRB+27%+34%+0%+27%+23%+8%
Industry peers (median)+14%−3%+9%+31%+7%+10%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
WRB50%58%50%67%67%64%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
WRB−11%−15%−24%−13%−15%−13%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 45% from February 19, 2020 to March 23, 2020. Getting back needed a 83% gain, reached on April 8, 2021, 381 days after the low.

Price behaviour

52-week range
$62.88 – $76.06
From 52-week high
−1.2%
vs 50-day average
+6.5%
vs 200-day average
+9.2%
Volatility (1 year)
22%
Beta vs S&P 500
-0.39

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
8 up, 4 down
typical move ±2.9%
After a week
8 up, 4 down
typical move ±3.6%
After a month
8 up, 3 down
typical move ±5.7%
Results releasedNext dayS&P 500 next day5 days21 days
October 19, 2026 −3.0% +0.8% −2.2% —
July 20, 2026 +0.8% +0.7% +5.7% −2.0%
April 21, 2026 +2.0% +0.4% +1.4% +3.1%
January 26, 2026 +0.2% +0.9% +1.0% +6.8%
October 20, 2025 +1.3% +1.0% +1.6% +4.7%
July 21, 2025 −0.3% +0.2% −1.1% +4.1%
April 21, 2025 +3.0% +0.2% +2.7% +6.9%
January 27, 2025 +3.2% −0.6% +3.5% +6.7%
October 21, 2024 −4.5% −0.2% −4.7% −1.7%
July 22, 2024 +1.3% +0.9% +4.7% +11.3%
April 23, 2024 −6.7% +1.1% −7.7% −4.0%
January 24, 2024 +8.5% +0.7% +6.6% +11.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

W. R. Berkley Corporation in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) W. R. Berkley Corporation
$12B $13B $14B $15B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $12.1B Revenue (TTM), FY24 Q1: $12.5B Revenue (TTM), FY24 Q2: $12.8B Revenue (TTM), FY24 Q3: $13.2B Revenue (TTM), FY24 Q4: $13.6B Revenue (TTM), FY25 Q1: $13.9B Revenue (TTM), FY25 Q2: $14.3B Revenue (TTM), FY25 Q3: $14.7B Revenue (TTM), FY25 Q4: $14.7B Revenue (TTM), FY26 Q1: $14.9B Revenue (TTM), FY26 Q2: $14.9B Revenue (TTM), FY26 Q3: $14.9B $14.9B

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $12.1B
FY24 Q1 $12.5B
FY24 Q2 $12.8B
FY24 Q3 $13.2B
FY24 Q4 $13.6B
FY25 Q1 $13.9B
FY25 Q2 $14.3B
FY25 Q3 $14.7B
FY25 Q4 $14.7B
FY26 Q1 $14.9B
FY26 Q2 $14.9B
FY26 Q3 $14.9B
Revenue growth, TTM YoY W. R. Berkley Corporation
0% 5% 10% 15% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 8.7% Revenue growth, TTM YoY, FY24 Q1: 12.2% Revenue growth, TTM YoY, FY24 Q2: 10.3% Revenue growth, TTM YoY, FY24 Q3: 10.5% Revenue growth, TTM YoY, FY24 Q4: 12.3% Revenue growth, TTM YoY, FY25 Q1: 11.4% Revenue growth, TTM YoY, FY25 Q2: 11.4% Revenue growth, TTM YoY, FY25 Q3: 11.1% Revenue growth, TTM YoY, FY25 Q4: 7.8% Revenue growth, TTM YoY, FY26 Q1: 6.6% Revenue growth, TTM YoY, FY26 Q2: 4.3% Revenue growth, TTM YoY, FY26 Q3: 1.5% 1.5%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 8.7%
FY24 Q1 12.2%
FY24 Q2 10.3%
FY24 Q3 10.5%
FY24 Q4 12.3%
FY25 Q1 11.4%
FY25 Q2 11.4%
FY25 Q3 11.1%
FY25 Q4 7.8%
FY26 Q1 6.6%
FY26 Q2 4.3%
FY26 Q3 1.5%
FCF margin (TTM) W. R. Berkley Corporation
20% 22% 24% 26% 28% 30% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: 24.3% FCF margin (TTM), FY24 Q1: 26.7% FCF margin (TTM), FY24 Q2: 27.9% FCF margin (TTM), FY24 Q3: 28.4% FCF margin (TTM), FY24 Q4: 28.2% FCF margin (TTM), FY25 Q1: 27.1% FCF margin (TTM), FY25 Q2: 24.8% FCF margin (TTM), FY25 Q3: 23.5% FCF margin (TTM), FY25 Q4: 24.7% FCF margin (TTM), FY26 Q1: 24.0% FCF margin (TTM), FY26 Q2: 24.6% FCF margin (TTM), FY26 Q3: 21.9% 21.9%

Source: SEC EDGAR filings. Retrieved November 2, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 24.3%
FY24 Q1 26.7%
FY24 Q2 27.9%
FY24 Q3 28.4%
FY24 Q4 28.2%
FY25 Q1 27.1%
FY25 Q2 24.8%
FY25 Q3 23.5%
FY25 Q4 24.7%
FY26 Q1 24.0%
FY26 Q2 24.6%
FY26 Q3 21.9%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-Q. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 4.4 4.7 5.2 5.8 6.4 7.1 7.2 7.7 7.7 7.7 7.9 8.1 9.5 11.2 12.1 13.6 14.7 14.9
Net income 0.3 0.4 0.4 0.5 0.5 0.6 0.5 0.6 0.5 0.6 0.7 0.5 1.0 1.4 1.4 1.8 1.8 1.9
Diluted EPS $0.83 $1.28 $2.69 $3.56 $3.55 $4.86 $3.87 $4.68 $1.26 $1.48 $1.56 $1.25 $2.44 $3.29 $3.37 $4.36 $4.45 $4.73
Growth (year on year)
Revenue −5.9% +6.6% +9.1% +12.9% +10.0% +11.2% +1.1% +6.2% +0.4% +0.1% +2.7% +2.5% +16.7% +18.1% +8.7% +12.3% +7.8% +1.5%
Net income +9.9% +44.4% −12.4% +30.5% −2.1% +29.8% −22.4% +19.5% −8.8% +16.7% +6.4% −22.2% +92.7% +35.1% +0.0% +27.1% +1.3% −2.3%
Diluted EPS −49.0% +54.8% +110.2% +32.3% −0.3% +36.9% −20.4% +20.9% −73.0% +17.3% +5.7% −20.3% +95.7% +34.8% +2.4% +29.4% +2.1% −0.7%
Margins
Net margin 7.0% 9.4% 7.6% 8.8% 7.8% 9.1% 7.0% 7.9% 7.1% 8.3% 8.6% 6.6% 10.8% 12.4% 11.4% 12.9% 12.1% 12.5%
Free-cash-flow margin 6.4% 8.5% 12.1% 10.9% 11.8% 9.7% 11.3% 10.4% 7.7% 7.4% 13.7% 20.0% 23.1% 23.0% 24.1% 27.0% 24.4% 21.5%
Cash flow
Cash from operations 0.3 0.5 0.7 0.7 0.8 0.7 0.9 0.8 0.7 0.6 1.1 1.6 2.2 2.6 2.9 3.7 3.6 3.2
Capital spending 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.1 0.1 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Free cash flow 0.3 0.4 0.6 0.6 0.8 0.7 0.8 0.8 0.6 0.6 1.1 1.6 2.2 2.6 2.9 3.7 3.6 3.2
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1
Free cash flow after stock pay 0.3 0.4 0.6 0.6 0.7 0.7 0.8 0.8 0.6 0.5 1.0 1.6 2.1 2.5 2.9 3.6 3.5 3.1
Balance sheet
Cash 0.5 0.6 0.9 0.8 0.8 0.7 0.8 0.8 1.0 0.8 1.0 2.4 1.6 1.4 1.4 2.0 2.5 2.1
Total debt 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Net debt (negative = net cash) −0.5 −0.6 −0.9 −0.8 −0.8 −0.7 −0.8 −0.8 −1.0 −0.8 −1.0 −2.4 −1.6 −1.4 −1.4 −2.0 −2.5 −2.1
Diluted shares 375m 349m 328m 322m 317m 301m 293m 289m — — — — — 419m 410m 403m 400m 394m
Returned to shareholders
Dividends 0.0 0.0 0.0 0.2 0.1 0.2 0.1 0.2 0.2 0.3 0.3 0.1 0.4 0.2 0.5 0.5 0.7 0.7
Buybacks 0.1 0.5 0.2 0.1 0.2 0.2 0.2 0.1 0.0 0.0 0.0 0.3 0.1 0.1 0.5 0.3 0.3 0.6
Total returned 0.2 0.5 0.2 0.3 0.2 0.4 0.3 0.3 0.2 0.3 0.3 0.4 0.5 0.3 1.0 0.8 1.0 1.3

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$631M
Dividends (TTM)
$705M
Returned to shareholders
41%
of free cash flow
Buybacks, last 3 fiscal years
$1.1B
Diluted share count
−1.6%
year over year
Total shareholder yield
4.8%
dividends 2.5% + buybacks 2.3% of market value
Dividend payout ratio
38%
of net income paid out

Competitors: side by side with peers

Closest by revenue in property & casualty insurance
Last 12 months unless stated WRB CNA FNF CINF ACGL ORI Median
Revenue, last 12 months $14.9bn $15.2bn $15.4bn $13.3bn $19.2bn $9.8bn $1.7bn
Revenue growth, last 12 months 1.5% 2.1% 13.0% 9.9% 0.4% 12.5% 8.0%
Revenue growth, 3-year average 7.6% 5.5% 10.8% 10.8% 17.7% 8.7% 9.5%
Revenue growth, latest quarter −0.8% 0.1% 11.4% −18.2% −10.5% 5.2% 4.2%
Net margin 12.5% 6.8% 5.0% 20.1% 24.4% 11.2% 10.5%
Cash from operations / revenue 21.5% 15.0% 36.2% 23.3% 31.7% 11.6% 18.2%
Free-cash-flow margin 21.9% 14.4% 30.5% 23.2% 31.5% — 17.6%
Free-cash-flow margin, 3-year average 24.6% 15.9% 39.9% 22.4% 35.5% — 16.5%
Stock pay / revenue 0.4% — 0.6% 0.5% 0.8% — 0.6%
Change in share count −1.6% −0.1% −1.4% −0.6% −5.0% −1.1% −0.7%

Median of all 48 companies we cover in property & casualty insurance. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

48 property & casualty insurance companies
Measure Company Peer median Rank
Revenue growth Growth 1.5% 8.3% 37 of 48
Change in growth rate Growth -2.8pp -0.7pp 31 of 48
Net margin Profitability 12.5% 10.8% 19 of 48
Stock pay as % of revenue Cash generation 0.4% 0.7% 8 of 34
Change in share count Balance sheet -1.6% -0.7% 18 of 47

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue YoY
Insurance Domestic $12.1B ▲ 8.2%
Reinsurance and Monoline Excess $1.8B ▲ 5.0%

These categories overlap or exclude eliminations, so shares aren't shown.

From W. R. Berkley Corporation's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$19.7B
Institutions reporting
947
Shares held vs prior quarter
0.0%
Positions opened / closed
109 / 82

Top buyers and sellers, Q2 2026: 445 institutions bought and 407 sold ; the biggest buyer was AQR Capital Management LLC (+1.8M shares) and the biggest seller Morgan Stanley (−2.2M). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Mitsui Sumitomo Insurance Co Ltd $4.1B 58.8M 21.1% 0.0%
Blackrock, Inc. $1.5B 21.9M 7.9% ▼ 5.8%
Vanguard Capital Management LLC $1.3B 18.7M 6.7% ▼ 1.2%
Vanguard Portfolio Management LLC $1B 14.6M 5.2% ▼ 1.4%
State Street Corp $1B 14.1M 5.1% ▼ 1.9%
Geode Capital Management, LLC $588M 8.3M 3.0% ▲ 0.5%
Morgan Stanley $582M 8.3M 3.0% ▼ 20.7%
Kayne Anderson Rudnick Investment Management LLC $450M 6.4M 2.3% ▼ 18.0%
Invesco Ltd. $355M 5.0M 1.8% ▼ 0.5%
Goldman Sachs Group Inc $293M 4.2M 1.5% ▲ 45.8%
Dimensional Fund Advisors LP $285M 4.0M 1.4% ▲ 7.3%
Wells Fargo & Company $262M 3.7M 1.3% ▼ 1.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not W. R. Berkley Corporation's complete shareholder register. Values are as reported by the filers ; 4 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $705M 94 trades by 2 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $705M net buying
Insider Date Trade Shares Price Value
Mitsui Sumitomo Insurance Co Ltd 10% owner March 3, 2026 Buy pre-set plan 38,991 $71.60 $2.8M
Mitsui Sumitomo Insurance Co Ltd 10% owner March 3, 2026 Buy pre-set plan 73,185 $72.52 $5.3M
Mitsui Sumitomo Insurance Co Ltd 10% owner March 2, 2026 Buy pre-set plan 45,103 $72.29 $3.3M
Mitsui Sumitomo Insurance Co Ltd 10% owner March 2, 2026 Buy pre-set plan 100,897 $73.20 $7.4M
Mitsui Sumitomo Insurance Co Ltd 10% owner February 27, 2026 Buy pre-set plan 147,000 $71.63 $10.5M
Mitsui Sumitomo Insurance Co Ltd 10% owner February 26, 2026 Buy pre-set plan 7,509 $72.11 $541,474
Mitsui Sumitomo Insurance Co Ltd 10% owner February 26, 2026 Buy pre-set plan 145,491 $71.65 $10.4M
Ms&Ad Insurance Group Holdings, Inc. 10% owner February 25, 2026 Buy pre-set plan 154,512 $71.39 $11M
Ms&Ad Insurance Group Holdings, Inc. 10% owner February 25, 2026 Buy pre-set plan 14,356 $71.77 $1M
Ms&Ad Insurance Group Holdings, Inc. 10% owner February 24, 2026 Buy pre-set plan 61,594 $71.28 $4.4M
Ms&Ad Insurance Group Holdings, Inc. 10% owner February 24, 2026 Buy pre-set plan 103,192 $70.52 $7.3M
Ms&Ad Insurance Group Holdings, Inc. 10% owner February 23, 2026 Buy pre-set plan 203,590 $71.09 $14.5M

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 30 trades and filings

In the last 12 months, 1 member of Congress disclosed 0 purchases and 10 sales of W. R. Berkley Corporation shares.

  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded June 5, 2026, filed July 2, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded May 29, 2026, filed June 8, 2026
  • Gilbert Ray Cisneros, Jr.(D-CA 31):Sale (partial), $1,001 - $15,000, traded May 19, 2026, filed June 8, 2026

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 25, 2027 estimated from the company's past filing pattern, not announced

  • October 19, 2026
  • July 20, 2026
  • April 21, 2026
  • January 26, 2026
  • October 20, 2025
  • July 21, 2025

Recent SEC filings

Data status

When each part of this page on W. R. Berkley Corporation was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

W. R. Berkley Corporation in brief

What does W. R. Berkley Corporation do?
W. R. Berkley Corporation is a US-listed company in the property & casualty insurance industry. Its financial year ends in December.
What is W. R. Berkley Corporation's stock ticker?
W. R. Berkley Corporation trades under the ticker WRB on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is W. R. Berkley Corporation's revenue, and how fast is it growing?
Over its most recent trailing twelve months, W. R. Berkley Corporation reported revenue of $14.9B, 1.5% higher than a year earlier, according to its SEC filings.
What is W. R. Berkley Corporation's free cash flow?
W. R. Berkley Corporation's free-cash-flow margin is 21.9% of revenue over the trailing twelve months.
Who are W. R. Berkley Corporation's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Mitsui Sumitomo Insurance Co Ltd, Blackrock, Inc. and Vanguard Capital Management LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is W. R. Berkley Corporation buying back stock, and does it pay a dividend?
W. R. Berkley Corporation spent $631M on share repurchases over the trailing twelve months, and its diluted share count fell 1.6% over the year.
What is W. R. Berkley Corporation's market cap?
On November 2, 2026, W. R. Berkley Corporation's market capitalisation was about $29.6B, with a price-to-earnings ratio of 15.9 and net debt of -$2.1B. Market figures come from third-party market data and may be delayed.
Does W. R. Berkley Corporation pay a dividend?
Yes: W. R. Berkley Corporation paid $705M in dividends over the trailing twelve months, a dividend yield of 2.53% and a payout ratio of 37.9%.
Who are W. R. Berkley Corporation's competitors?
In our Property & Casualty Insurance peer group, the companies closest to W. R. Berkley Corporation are CNA Financial Corp, Fidelity National Financial, Inc., Cincinnati Financial, Arch Capital Group and OLD Republic International Corp. The side-by-side comparison below sets their revenue, margins and growth against W. R. Berkley Corporation's.
Are insiders buying or selling W. R. Berkley Corporation stock?
Over the last 12 months, W. R. Berkley Corporation's directors and officers reported 94 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is W. R. Berkley Corporation's next earnings date?
Around January 25, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — W. R. Berkley Corporation announces its own schedule.