Financials · Property & Casualty Insurance
W. R. Berkley: revenue, profit and dividends
In fiscal 2025, W. R. Berkley had revenue of $14.7B, up 7.4% a year on average since 2015, and net income of $1.78B (12.1% of revenue). Its dividend per share has gone up 3 years in a row, to $1.85. It has 8% fewer shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · +7.8% vs 2024
- Ticker
- WRB · NYSE
- Sector
- Financials
- Sub-industry
- Property & Casualty Insurance
- Headquarters
- Greenwich, Connecticut
- Founded
- 1967
- In the S&P 500 since
- December 5, 2019
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Berkley W R Corp · CIK 0000011544
Revenue and net income
Revenue went from $4.71B in 2008 to $14.7B in 2025.
Diluted earnings per share
Diluted EPS went from $1.15 in 2015 to $4.45 in 2025. Ten-year growth: 14.5% a year.
Dividends per share
Raised 3 years in a row, every year from 2023 to 2025.
Shares outstanding
8.5% fewer shares in 2025 than in 2015 (409M → 374M): buybacks outweighed new shares.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares |
|---|---|---|---|---|---|---|
| 2025 | $14.7B | $1.78B | 12.1% | $4.45 | $1.85 | 374M |
| 2024 | $13.6B | $1.76B | 12.9% | $4.36 | $1.40 | 379M |
| 2023 | $12.1B | $1.38B | 11.4% | $3.37 | $1.29 | 385M |
| 2022 | $11.2B | $1.38B | 12.4% | $3.29 | $0.59 | 395M |
| 2021 | $9.46B | $1.02B | 10.8% | $2.44 | $0.89 | 398M |
| 2020 | $8.1B | $531M | 6.6% | $1.25 | $0.21 | 399M |
| 2019 | $7.9B | $682M | 8.6% | $1.56 | $0.75 | 413M |
| 2018 | $7.69B | $641M | 8.3% | $1.48 | $0.62 | 412M |
| 2017 | $7.68B | $549M | 7.1% | $1.26 | $0.46 | 410M |
| 2016 | $7.65B | $602M | 7.9% | $1.39 | — | — |
| 2015 | $7.21B | $504M | 7.0% | $1.15 | — | 409M |
| 2014 | $7.13B | $649M | 9.1% | — | — | — |
| 2013 | $6.41B | $500M | 7.8% | — | — | — |
| 2012 | $5.82B | $511M | 8.8% | — | — | — |
| 2011 | $5.16B | $391M | 7.6% | — | — | — |
| 2010 | $4.72B | $446M | 9.4% | — | — | — |
| 2009 | $4.43B | $309M | 7.0% | — | — | — |
| 2008 | $4.71B | $281M | 6.0% | — | — | — |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
Stock splits
Found in the filings; per-share figures and share counts on this page are on today’s share basis.
- 1.5-for-1 split · first reflected in a filing of August 2, 2024
- 1.5-for-1 split · first reflected in a filing of May 3, 2022
- 1.5-for-1 split · first reflected in a filing of May 8, 2019
- 2-for-1 split · first reflected in a filing of February 28, 2017
About these figures
- The share count goes from 849M in 2014 to 409M in 2015, far more than buybacks or new shares explain — usually an IPO, a reverse split or a reorganization that the data are not adjusted for. Per-share figures and share counts before 2015 are therefore left out.
- Share counts are the shares outstanding on the cover of each annual report: the diluted average is not in the data for enough years.
- For banks, brokers, card lenders and insurers, operating cash flow mostly moves with loans, deposits, trading and insurance reserves, so free cash flow says little about them and is not shown.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Property & Casualty Insurance companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.