XNYSWRB
Market cap22bUSD
Dec 26, Last price
59.22USD
1D
0.87%
1Q
4.80%
Jan 2017
-10.96%
Name
W R Berkley Corp
Chart & Performance
Profile
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.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 12,142,938 8.25% | 11,217,429 18.31% | 9,481,191 17.07% | |||||||
Cost of revenue | 3,363,936 | 2,961,505 | 2,599,270 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 8,779,002 | 8,255,924 | 6,881,921 | |||||||
NOPBT Margin | 72.30% | 73.60% | 72.58% | |||||||
Operating Taxes | 370,557 | 334,727 | 251,890 | |||||||
Tax Rate | 4.22% | 4.05% | 3.66% | |||||||
NOPAT | 8,408,445 | 7,921,197 | 6,630,031 | |||||||
Net income | 1,381,359 0.02% | 1,381,062 35.07% | 1,022,490 92.68% | |||||||
Dividends | (501,456) | (235,192) | (355,736) | |||||||
Dividend yield | 1.73% | 0.77% | 1.03% | |||||||
Proceeds from repurchase of equity | (537,163) | (94,140) | 911,681 | |||||||
BB yield | 1.85% | 0.31% | -2.64% | |||||||
Debt | ||||||||||
Debt current | 52,024 | 471,962 | ||||||||
Long-term debt | 2,998,440 | 2,994,258 | 3,430,835 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 6,616,230 | 24,204,975 | (3,284,538) | |||||||
Net debt | 121,113 | (19,306,431) | (17,330,811) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,929,238 | 2,568,604 | 2,183,987 | |||||||
CAPEX | (53,080) | (52,684) | (66,634) | |||||||
Cash from investing activities | (1,961,964) | (1,891,355) | (2,989,146) | |||||||
Cash from financing activities | (1,062,495) | (771,992) | 5,831 | |||||||
FCF | 17,493,387 | 12,715,841 | 5,936,802 | |||||||
Balance | ||||||||||
Cash | 317,623 | 2,635,240 | 2,510,086 | |||||||
Long term investments | 2,559,704 | 19,717,473 | 18,723,522 | |||||||
Excess cash | 2,270,180 | 21,791,842 | 20,759,548 | |||||||
Stockholders' equity | 10,234,679 | 9,022,056 | 8,818,434 | |||||||
Invested Capital | 14,645,328 | 24,825,777 | 23,201,143 | |||||||
ROIC | 42.61% | 32.99% | 26.90% | |||||||
ROCE | 51.77% | 24.38% | 21.48% | |||||||
EV | ||||||||||
Common stock shares outstanding | 409,947 | 419,192 | 419,624 | |||||||
Price | 70.72 -2.55% | 72.57 -11.92% | 82.39 24.04% | |||||||
Market cap | 28,991,452 -4.70% | 30,420,727 -12.01% | 34,572,780 22.56% | |||||||
EV | 29,126,371 | 11,134,125 | 17,256,688 | |||||||
EBITDA | 8,758,141 | 8,311,796 | 7,011,603 | |||||||
EV/EBITDA | 3.33 | 1.34 | 2.46 | |||||||
Interest | 127,459 | 130,374 | 147,180 | |||||||
Interest/NOPBT | 1.45% | 1.58% | 2.14% |