The Inventing Press

BERKLEY W R CORP

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$14.7B$13.6B$12.1B$11.2B$9.5B
Interest expense$126.9M$126.9M$127.5M$130.4M$147.2M
Pretax income$2.3B$2.3B$1.8B$1.7B$1.3B
Income tax expense$495.8M$509.9M$370.6M$334.7M$251.9M
Net income$1.8B$1.8B$1.4B$1.4B$1.0B
Balance Sheet
Cash and equivalents$2.5B$2.0B$1.4B$1.4B$1.6B
Total assets$44.1B$40.6B$37.2B$33.9B$32.1B
Total liabilities$34.4B$32.2B$29.7B$27.1B$25.4B
Stockholders' equity$9.7B$8.4B$7.5B$6.7B$6.7B
Cash Flow Statement
Cash from operations$3.6B$3.7B$2.9B$2.6B$2.2B
Depreciation and amortization$48.1M$170.6M$20.9M$55.9M$129.7M
Stock-based compensation$54.5M$54.4M$51.0M$49.4M$46.7M
Dividends paid$700.3M$532.0M$501.5M$235.2M$355.7M
Share repurchases$270.2M$303.7M$537.2M$94.1M$122.4M

Shares outstanding 372.3M · Free float 57.9%

Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.