W. R. Berkley Corporation
WRBFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
13,639
Cost of Revenue
10,517
Gross Profit
3,122
Gross Margin
22.9%
Operating Income
2,264
Operating Margin
16.6%
Net Income
1,756
Net Margin
12.9%
EPS (Basic)
$4.39
EPS (Diluted)
$4.36
EBITDA
2,221
EBITDA Margin
16.3%
2023
12/31/2023
Revenue
12,143
Cost of Revenue
9,419
Gross Profit
2,724
Gross Margin
22.4%
Operating Income
1,754
Operating Margin
14.4%
Net Income
1,381
Net Margin
11.4%
EPS (Basic)
$3.40
EPS (Diluted)
$3.37
EBITDA
1,861
EBITDA Margin
15.3%
2022
12/31/2022
Revenue
11,166
Cost of Revenue
8,728
Gross Profit
2,438
Gross Margin
21.8%
Operating Income
1,720
Operating Margin
15.4%
Net Income
1,381
Net Margin
12.4%
EPS (Basic)
$3.33
EPS (Diluted)
$3.29
EBITDA
1,906
EBITDA Margin
17.1%
2021
12/31/2021
Revenue
9,455
Cost of Revenue
7,433
Gross Profit
2,023
Gross Margin
21.4%
Operating Income
1,283
Operating Margin
13.6%
Net Income
1,022
Net Margin
10.8%
EPS (Basic)
$2.46
EPS (Diluted)
$2.44
EBITDA
1,560
EBITDA Margin
16.5%
2020
12/31/2020
Revenue
8,099
Cost of Revenue
6,751
Gross Profit
1,348
Gross Margin
16.6%
Operating Income
705
Operating Margin
8.7%
Net Income
531
Net Margin
6.6%
EPS (Basic)
$1.26
EPS (Diluted)
$1.25
EBITDA
990
EBITDA Margin
12.2%