US stock · Financial Services sector · Insurance—Property & Casualty
W
W. R. Berkley Corporation
WRB
NYSE60.03
USD
+0.06
(+0.10%)
Market Closed
12.44P/E
10Forward P/E
0.59P/E to S&P500
15.815BMarket CAP
0.65%Div Yield
Upcoming Earnings
24 Apr-28 Apr
Shares Short
2/28/23
2.84M
Short % of Float
1.38%
Short % of Shares Outs.
1.08%
% Held by Insiders
23.99%
% Held by Institutions
70.46%
Beta
0.62
PEG Ratio
1.31
52w. high/low
76.99/58.92
Avg. Daily Volume
1.32M
Return %
Stock
S&P 500
1 year
(4.73)
(9.05)
3 years
68.95
50.26
5 years
88.93
38.50
Scale: |
High
Low
13.87
7.39
13.81
8.26
12.81
10.62
16.02
11.79
17.95
14.82
20.26
16.90
24.06
16.81
25.98
21.09
29.74
21.13
32.52
27.56
35.86
29.83
51.69
31.60
53.28
28.70
56.62
40.99
76.99
53.34
75.53
59.98
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2021
2021
2022
Revenue per share
13.08
12.54
12.28
14.11
16.40
18.10
19.74
23.35
24.31
27.78
26.14
27.08
27.73
28.88
34.18
40.43
Earnings per share
1.75
0.75
0.86
1.34
1.26
1.66
1.64
2.26
1.80
2.18
1.95
2.25
2.38
1.89
3.69
4.98
FCF per share
3.41
3.92
0.79
1.20
1.99
2.06
2.49
2.41
2.93
2.89
2.12
2.00
3.79
5.63
7.63
9.07
Dividends per share
0.09
0.13
0.08
0.15
0.14
0.60
0.17
0.63
0.21
0.67
0.67
0.89
1.08
0.30
1.28
0.85
CAPEX per share
0.07
0.21
0.08
0.15
0.14
0.13
0.21
0.15
0.23
0.18
0.41
0.17
0.21
0.14
0.24
0.19
Book Value per sh.
8.41
8.11
9.97
11.06
12.75
13.96
14.24
15.95
16.48
18.29
19.26
19.08
21.23
22.51
23.98
24.32
Comm.Shares outs.
425
376
361
335
314
308
304
288
279
276
281
285
286
280
277
277
Avg. annual P/E ratio
6.0
14.4
12.4
8.8
11.1
10.0
11.5
9.0
12.9
11.6
15.6
14.8
17.8
26.4
13.6
13.3
P/E to S&P500
0.3
0.7
0.2
0.4
0.7
0.7
0.7
0.5
0.6
0.5
0.7
0.6
0.7
0.9
0.5
0.6
Avg. annual div. yield
0.8%
1.2%
0.7%
1.2%
1.0%
3.6%
0.9%
3.1%
0.9%
2.6%
2.2%
2.7%
2.5%
0.6%
2.6%
1.3%
Revenue (m)
5,554
4,709
4,431
4,724
5,156
5,583
6,011
6,719
6,785
7,666
7,343
7,719
7,933
8,099
9,481
11,217
Operating margin
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation (m)
74
84
79
83
88
103
103
89
85
86
113
131
113
135
130
56
Net profit (m)
744
281
309
449
395
511
500
649
504
602
549
641
682
531
1,022
1,381
Income tax rate
29.4%
13.8%
19.1%
25.5%
23.8%
27.3%
27.7%
31.8%
31.1%
32.7%
28.4%
20.1%
19.8%
24.4%
19.6%
19.5%
Net profit margin
13.4%
6.0%
7.0%
9.5%
7.7%
9.1%
8.3%
9.7%
7.4%
7.9%
7.5%
8.3%
8.6%
6.6%
10.8%
12.3%
Working capital (m)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3,212
Long-term debt (m)
1,371
1,271
1,595
1,743
1,744
2,115
2,032
2,456
2,185
2,488
2,497
2,790
2,626
2,725
3,267
- -
Equity (m)
3,570
3,046
3,596
3,703
4,008
4,306
4,336
4,590
4,600
5,047
5,411
5,438
6,075
6,311
6,653
6,748
ROIC
4.8%
2.2%
2.2%
3.0%
2.6%
3.0%
2.9%
3.4%
2.7%
3.0%
2.7%
3.1%
3.0%
2.3%
3.6%
4.4%
Return on capital
6.8%
2.5%
2.7%
4.1%
3.4%
4.1%
4.0%
5.0%
4.0%
4.4%
3.8%
3.9%
3.8%
3.0%
4.4%
5.5%
Return on equity
20.8%
9.2%
8.6%
12.1%
9.8%
11.9%
11.5%
14.1%
10.9%
11.9%
10.1%
11.8%
11.2%
8.4%
15.4%
20.5%
Plowback ratio
95.1%
83.3%
90.7%
89.0%
89.0%
64.0%
89.5%
72.0%
88.5%
69.4%
65.7%
60.2%
54.8%
84.1%
65.2%
83.0%
Div.&Repurch./FCF
34.5%
40.7%
61.6%
129.5%
36.9%
49.1%
29.0%
60.7%
34.4%
39.7%
39.7%
49.0%
30.1%
27.3%
22.6%
13.1%
Capital Structure
24 Feb · 2023 | Q4
All numbers in millions
Total liabilities
$ 27,113
Total assets
$ 33,861
Long-term debt
$ - -
Cash and equiv.
$ 1,449
Goodwill
$ 186
Retained earnings
$ 10,161
Common stock
277
Enterprise Value
$ 14,365
Working Capital
Currency: USD, in millions
2021
2021
2022
Cash & Investments
2,998
2,510
3,058
Receivables
5,123
5,470
193
Inventory
- -
- -
- -
Other
(8,121)
(8,783)
(923)
Current assets
- -
- -
3,251
Acc. Payable
426
515
- -
Debt due
- -
- -
- -
Other
(426)
(515)
39
Current liabilities
- -
- -
39
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
18.31%
10.06%
7.43%
Cash flow
18.82%
47.15%
18.47%
Earnings
35.07%
28.00%
16.31%
Dividends
(33.89)%
59.26%
74.23%
Book value
1.43%
5.61%
5.11%
Insider Trading
Type
Shares
Date
Talisman Jonathan
Small
4
01/20/23
Talisman Jonathan
Small
1
12/23/22
Talisman Jonathan
Small
1
09/29/22
Berkley William R Jr
InKind
4,172
08/15/22
Berkley William R Jr
Award
99,374
08/15/22
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2020
1,832
1,943
2,035
2,288
8,099
2021
2,162
2,297
2,437
2,585
9,481
2022
2,920
2,513
2,724
2,980
11,137
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
(0.02)
0.26
0.54
1.13
1.91
2021
0.82
0.85
0.93
1.05
3.65
2022
2.13
0.65
0.73
1.38
4.88
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2020
0.07
0.08
0.08
0.08
0.30
2021
0.08
- -
0.48
0.71
1.27
2022
0.08
- -
0.57
0.19
0.85
Company Description
Sector:
Financial Services
Industry:
Insurance—Property & Casualty
CEO:
Mr. William Robert Berkley Jr.
Full-time employees:
7,681
City:
Greenwich
Address:
475 Steamboat Road
W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including premises operations, commercial automobile, property, products liability, and general and professional liability lines. It also provides workers' compensation insurance products; accident and health insurance and reinsurance products; insurance for commercial risks; specialty environmental products for contractors, consultants, and property owners and facilities operators; specialized insurance coverages for fine arts and jewelry exposures; umbrella and excess liability coverage products; and liquor liability and inland marine coverage for small to medium-sized insureds. In addition, this segment offers directors and officers, and surety risk products, as well as products for technology, and life sciences and travel industries; cyber risk solutions; casualty, group life, and crime and fidelity related insurance products; personal lines insurance solutions, including home, condo/co-op, auto, and collectibles; automobile, law enforcement, public officials and educator's legal, and employment practices liability, as well as incidental medical insurance products; and at-risk and alternative risk insurance program management services. The Reinsurance & Monoline Excess segment provides other insurance companies and self-insureds with assistance in managing their net risk through reinsurance on a portfolio basis through treaty reinsurance or on an individual basis through facultative reinsurance. W. R. Berkley Corporation was founded in 1967 and is based in Greenwich, Connecticut.