Berkley W R Corp
Berkley W R Corp (WRB) is listed on NYSE and classified in Insurance - Property & Casualty, part of the Financial Services sector. It is headquartered in Greenwich, United States and has 8,804 employees. The company is worth $28.05B and trades at 16.0x its earnings of the last twelve months; the median for its sector is 13.2x. Revenue was $14.71B in fiscal 2025, up 7.8% from the year before. Net income was $1.78B. The share price is 4.3% below its 52-week high of $78.96. It pays a dividend yielding 2.49%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $259.56M. In that quarter, 4 of them opened or added to the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +121.4% over 5Y.
today you would have $2,401.09▲ +140.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 18 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $70.12 | $58.52 | $47.15 | $48.38 | $36.62 | $29.52 | $30.71 | $21.90 | $21.23 | $19.71 | $16.22 | $15.19 | $12.86 | $11.18 | $10.19 | $8.11 | $7.30 | $9.19 |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 2.5% dividend yield. Growth capped at 25%.
Median P/E of 13.2 among peers in the sector.
Median P/E of 14.2 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Financial Services, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CFGCitizens Financial Group Inc | $65.24 | 14.1x | 1.2x | 3.19% | 8.90% | $27.48B |
| CINFCincinnati Financial Corp | $178.28 | 8.4x | 1.6x | 2.11% | 21.48% | $27.36B |
| BAPCredicorp Ltd | $371.05 | 14.0x | 2.7x | 3.88% | 20.41% | $29.47B |
| PUKPrudential PLC | $24.01 |
| P/E | 14.2x | 15.8x | 13.4x | 14.0x | 14.7x | 15.0x | 23.7x | 19.6x | 14.8x | 16.8x | 14.2x | 14.1x | 10.5x | 12.2x | 10.6x | 12.8x | 9.5x | 13.2x | 19.1x |
| P/S | 1.1x | 1.8x | 1.6x | 1.5x | 1.7x | 1.5x | 1.5x | 1.6x | 1.2x | 1.1x | 1.1x | 0.9x | 0.9x | 0.9x | 0.9x | 0.9x | 0.8x | 0.9x | 1.1x |
| P/B | 1.6x | 2.7x | 2.6x | 2.4x | 2.8x | 2.2x | 1.9x | 2.1x | 1.7x | 1.6x | 1.6x | 1.4x | 1.4x | 1.3x | 1.2x | 1.2x | 1.0x | 1.1x | — |
| EPS | $4.45 | $4.36 | $3.37 | $3.29 | $2.44 | $1.25 | $1.56 | $1.48 | $1.26 | $1.39 | $1.15 | $1.44 | $1.05 | $1.05 | $0.80 | $0.85 | $0.55 | $0.48 |
| Dividend yield | 2.22% | 2.64% | 2.39% | 2.73% | 1.22% | 2.44% | 0.71% | 2.43% | 2.83% | 2.16% | 2.27% | 0.86% | 2.79% | 0.90% | 3.58% | 0.90% | 0.99% | 0.97% | 0.74% |
| Payout | 30.73% | 41.57% | 32.03% | 38.18% | 17.97% | 36.61% | 16.76% | 47.73% | 41.84% | 36.39% | 32.27% | 12.14% | 29.42% | 10.99% | 37.92% | 11.52% | 9.38% | 12.90% | 14.20% |
| Profit margin | 8.48% | 12.10% | 12.88% | 11.38% | 12.37% | 10.81% | 6.55% | 8.63% | 8.33% | 7.15% | 7.86% | 6.99% | 9.10% | 7.80% | 8.77% | 7.59% | 9.45% | 6.97% | 5.97% |
| ROE | 11.86% | 18.34% | 20.92% | 18.53% | 20.47% | 15.37% | 8.41% | 11.23% | 11.78% | 10.15% | 11.93% | 10.95% | 14.14% | 11.53% | 11.86% | 9.90% | 12.06% | 8.59% | — |
Median of the years shown; P/E years above 200x are left out.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
+37.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 8.5x |
| 6.1x |
| 2.33% |
| 18.74% |
| $29.49B |
| NMRNomura Holdings Inc | $9.04 | 10.5x | 1.1x | 3.54% | 11.16% | $26.42B |
| TWTradeweb Markets Inc. | $121.89 | 28.7x | 3.9x | 0.46% | 14.47% | $26.33B |