Stocktoria

BERKLEY W R CORP WRB

NYSE · stock · Fire, Marine & Casualty Insurance · website · IPO 1973-10-19

BERKLEY W R CORP statistics & valuation

Market cap$25.5B
P / E14.3×
P / S1.7×
P / B2.6×
Dividend yield2.75%
Net margin12.1%
Return on equity18.3%
Graham number -29.3%$49.31

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($49.31); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.90% 7.10% 8.30% 8.60% 6.60% 10.80% 12.40% 11.40% 12.90% 12.10% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
11.80% 10.10% 11.70% 11.10% 8.40% 15.30% 20.40% 18.50% 20.90% 18.30% 2016201720182019202020212022202320242025
Shares outstanding
272.7M 273.4M 274.5M 275.1M 266.7M 397.8M 396.8M 409.9M 403.2M 399.9M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.60% 2.30% 2.60% 2.60% 1.90% 3.20% 4.10% 3.70% 4.30% 4.10% 2016201720182019202020212022202320242025
Free cash flow margin (%)
10.40% 7.70% 7.40% 13.70% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$3.12 $1.89 $2.22 $3.52 $1.87 $3.66 $3.29 $3.37 $4.36 $4.45 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

BERKLEY W R CORP trades at about 15.7× earnings — above its 10-year norm (10-year range 6.4×–16.2×, median 13.5×).

6.4× 16.2×

Shaded band = 10-year range (6.4×–16.2×); dot = today's 15.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin12.1%12.9%11.4%12.4%10.8%6.6%8.6%8.3%7.1%7.9%
FCF margin——————13.7%7.4%7.7%10.4%
Return on assets4.1%4.3%3.7%4.1%3.2%1.9%2.6%2.6%2.3%2.6%
Return on equity18.3%20.9%18.5%20.4%15.3%8.4%11.1%11.7%10.1%11.8%

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.