W. R. Berkley Corp (WRB) - Net Assets
Based on the latest financial reports, W. R. Berkley Corp (WRB) has net assets worth $9.81 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($43.72 Billion) and total liabilities ($33.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of W. R. Berkley Corp to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.81 Billion |
| % of Total Assets | 22.43% |
| Annual Growth Rate | 12.79% |
| 5-Year Change | 32.91% |
| 10-Year Change | 81.46% |
| Growth Volatility | 32.04 |
W. R. Berkley Corp - Net Assets Trend (1985–2024)
This chart illustrates how W. R. Berkley Corp's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of W. R. Berkley Corp for the complete picture of this company's asset base.
Annual Net Assets for W. R. Berkley Corp (1985–2024)
The table below shows the annual net assets of W. R. Berkley Corp from 1985 to 2024. For live valuation and market cap data, see W. R. Berkley Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.41 Billion | +12.56% |
| 2023-12-31 | $7.47 Billion | +10.36% |
| 2022-12-31 | $6.77 Billion | +1.28% |
| 2021-12-31 | $6.68 Billion | +5.64% |
| 2020-12-31 | $6.33 Billion | +3.39% |
| 2019-12-31 | $6.12 Billion | +11.65% |
| 2018-12-31 | $5.48 Billion | +0.53% |
| 2017-12-31 | $5.45 Billion | +7.28% |
| 2016-12-31 | $5.08 Billion | +9.67% |
| 2015-12-31 | $4.63 Billion | +0.20% |
| 2014-12-31 | $4.62 Billion | +5.83% |
| 2013-12-31 | $4.37 Billion | +0.78% |
| 2012-12-31 | $4.34 Billion | +7.96% |
| 2011-12-31 | $4.02 Billion | +8.25% |
| 2010-12-31 | $3.71 Billion | +3.00% |
| 2009-12-31 | $3.60 Billion | +18.03% |
| 2008-12-31 | $3.05 Billion | -15.36% |
| 2007-12-31 | $3.61 Billion | +7.12% |
| 2006-12-31 | $3.37 Billion | +30.03% |
| 2005-12-31 | $2.59 Billion | +20.06% |
| 2004-12-31 | $2.16 Billion | +25.29% |
| 2003-12-31 | $1.72 Billion | +27.10% |
| 2002-12-31 | $1.35 Billion | +41.63% |
| 2001-12-31 | $955.89 Million | +34.11% |
| 2000-12-31 | $712.77 Million | +14.58% |
| 1999-12-31 | $622.05 Million | -29.72% |
| 1998-12-31 | $885.06 Million | -8.91% |
| 1997-12-31 | $971.65 Million | +8.92% |
| 1996-12-31 | $892.06 Million | -5.06% |
| 1995-12-31 | $939.61 Million | +42.71% |
| 1994-12-31 | $658.40 Million | +25.10% |
| 1993-12-31 | $526.30 Million | +10.94% |
| 1992-12-31 | $474.40 Million | +12.50% |
| 1991-12-31 | $421.70 Million | +20.45% |
| 1990-12-31 | $350.10 Million | +6.16% |
| 1989-12-31 | $329.80 Million | +9.02% |
| 1988-12-31 | $302.50 Million | +11.42% |
| 1987-12-31 | $271.50 Million | +20.08% |
| 1986-12-31 | $226.10 Million | +193.64% |
| 1985-12-31 | $77.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to W. R. Berkley Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 211366.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.27 Billion | 146.10% |
| Common Stock | $158.71 Million | 1.89% |
| Other Comprehensive Income | $-934.27 Million | -11.13% |
| Total Equity | $8.40 Billion | 100.00% |
W. R. Berkley Corp Competitors by Market Cap
The table below lists competitors of W. R. Berkley Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Citizens Financial Group, Inc.
NYSE:CFG
|
$25.04 Billion |
|
China Coal Energy Co Ltd
SHG:601898
|
$25.07 Billion |
|
Amerize Inc.
SW:AMRZ
|
$25.10 Billion |
|
Fair Isaac Corporation
NYSE:FICO
|
$25.15 Billion |
|
Teva Pharmaceutical Industries Limited
F:TEV
|
$24.98 Billion |
|
Viking Holdings Ltd
NYSE:VIK
|
$24.96 Billion |
|
AvalonBay Communities Inc
NYSE:AVB
|
$24.95 Billion |
|
LPL Financial Holdings Inc
NASDAQ:LPLA
|
$24.92 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in W. R. Berkley Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,455,431,000 to 8,395,111,000, a change of 939,680,000 (12.6%).
- Net income of 1,756,115,000 contributed positively to equity growth.
- Dividend payments of 531,953,000 reduced retained earnings.
- Share repurchases of 303,655,000 reduced equity.
- Other comprehensive income decreased equity by 8,431,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.76 Billion | +20.92% |
| Dividends Paid | $531.95 Million | -6.34% |
| Share Repurchases | $303.65 Million | -3.62% |
| Other Comprehensive Income | $-8.43 Million | -0.1% |
| Other Changes | $27.60 Million | +0.33% |
| Total Change | $- | 12.60% |
Book Value vs Market Value Analysis
This analysis compares W. R. Berkley Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 160.85x to 3.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.41 | $66.32 | x |
| 1986-12-31 | $0.72 | $66.32 | x |
| 1987-12-31 | $0.80 | $66.32 | x |
| 1988-12-31 | $0.94 | $66.32 | x |
| 1989-12-31 | $1.09 | $66.32 | x |
| 1990-12-31 | $1.15 | $66.32 | x |
| 1991-12-31 | $1.39 | $66.32 | x |
| 1992-12-31 | $1.55 | $66.32 | x |
| 1993-12-31 | $1.70 | $66.32 | x |
| 1994-12-31 | $2.02 | $66.32 | x |
| 1995-12-31 | $3.12 | $66.32 | x |
| 1996-12-31 | $2.59 | $66.32 | x |
| 1997-12-31 | $2.76 | $66.32 | x |
| 1998-12-31 | $2.60 | $66.32 | x |
| 1999-12-31 | $2.00 | $66.32 | x |
| 2000-12-31 | $2.29 | $66.32 | x |
| 2001-12-31 | $2.79 | $66.32 | x |
| 2002-12-31 | $3.33 | $66.32 | x |
| 2003-12-31 | $3.81 | $66.32 | x |
| 2004-12-31 | $4.73 | $66.32 | x |
| 2005-12-31 | $5.70 | $66.32 | x |
| 2006-12-31 | $7.33 | $66.32 | x |
| 2007-12-31 | $8.07 | $66.32 | x |
| 2008-12-31 | $7.81 | $66.32 | x |
| 2009-12-31 | $9.59 | $66.32 | x |
| 2010-12-31 | $10.61 | $66.32 | x |
| 2011-12-31 | $12.23 | $66.32 | x |
| 2012-12-31 | $13.35 | $66.32 | x |
| 2013-12-31 | $9.13 | $66.32 | x |
| 2014-12-31 | $10.18 | $66.32 | x |
| 2015-12-31 | $15.70 | $66.32 | x |
| 2016-12-31 | $11.63 | $66.32 | x |
| 2017-12-31 | $18.64 | $66.32 | x |
| 2018-12-31 | $12.56 | $66.32 | x |
| 2019-12-31 | $13.95 | $66.32 | x |
| 2020-12-31 | $14.86 | $66.32 | x |
| 2021-12-31 | $15.85 | $66.32 | x |
| 2022-12-31 | $16.10 | $66.32 | x |
| 2023-12-31 | $18.19 | $66.32 | x |
| 2024-12-31 | $20.82 | $66.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently W. R. Berkley Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 20.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.88%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 4.83x
- Recent ROE (20.92%) is above the historical average (12.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 8.96% | 3.22% | 0.43x | 6.49x | $-800.00K |
| 1986 | 13.00% | 7.11% | 0.47x | 3.87x | $6.79 Million |
| 1987 | 19.93% | 10.38% | 0.49x | 3.92x | $26.95 Million |
| 1988 | 19.64% | 11.12% | 0.43x | 4.07x | $29.15 Million |
| 1989 | 16.92% | 10.13% | 0.41x | 4.11x | $22.82 Million |
| 1990 | 10.31% | 6.71% | 0.38x | 4.02x | $1.09 Million |
| 1991 | 11.05% | 8.61% | 0.35x | 3.62x | $4.43 Million |
| 1992 | 11.05% | 9.24% | 0.33x | 3.61x | $4.96 Million |
| 1993 | 9.80% | 8.86% | 0.27x | 4.10x | $-1.03 Million |
| 1994 | 5.87% | 4.22% | 0.23x | 5.99x | $-24.67 Million |
| 1995 | 6.55% | 5.96% | 0.28x | 3.89x | $-32.10 Million |
| 1996 | 10.26% | 7.37% | 0.30x | 4.63x | $2.29 Million |
| 1997 | 10.45% | 7.07% | 0.30x | 4.86x | $4.27 Million |
| 1998 | 6.82% | 3.71% | 0.32x | 5.79x | $-27.37 Million |
| 1999 | -6.18% | -2.19% | 0.35x | 8.09x | $-95.78 Million |
| 2000 | 5.00% | 1.91% | 0.35x | 7.38x | $-34.01 Million |
| 2001 | -9.83% | -4.71% | 0.34x | 6.05x | $-184.71 Million |
| 2002 | 13.11% | 6.82% | 0.36x | 5.27x | $41.53 Million |
| 2003 | 20.04% | 9.29% | 0.39x | 5.55x | $168.96 Million |
| 2004 | 20.77% | 9.71% | 0.39x | 5.43x | $227.13 Million |
| 2005 | 21.23% | 10.90% | 0.36x | 5.41x | $288.18 Million |
| 2006 | 20.97% | 12.97% | 0.34x | 4.69x | $366.00 Million |
| 2007 | 21.46% | 13.71% | 0.33x | 4.72x | $409.26 Million |
| 2008 | 9.23% | 5.97% | 0.29x | 5.29x | $-23.49 Million |
| 2009 | 8.59% | 6.97% | 0.26x | 4.82x | $-50.55 Million |
| 2010 | 12.06% | 9.45% | 0.27x | 4.73x | $76.12 Million |
| 2011 | 9.76% | 7.59% | 0.28x | 4.61x | $-9.63 Million |
| 2012 | 11.86% | 8.77% | 0.24x | 5.69x | $79.97 Million |
| 2013 | 11.53% | 7.80% | 0.26x | 5.75x | $66.32 Million |
| 2014 | 14.14% | 8.61% | 0.29x | 5.74x | $189.89 Million |
| 2015 | 10.95% | 6.99% | 0.27x | 5.73x | $43.67 Million |
| 2016 | 11.93% | 7.86% | 0.27x | 5.64x | $97.20 Million |
| 2017 | 10.15% | 6.85% | 0.27x | 5.50x | $7.96 Million |
| 2018 | 11.78% | 8.33% | 0.25x | 5.59x | $96.96 Million |
| 2019 | 11.23% | 8.63% | 0.30x | 4.39x | $74.45 Million |
| 2020 | 8.41% | 6.55% | 0.28x | 4.53x | $-100.41 Million |
| 2021 | 15.37% | 10.81% | 0.29x | 4.83x | $357.19 Million |
| 2022 | 20.47% | 12.37% | 0.33x | 5.02x | $706.23 Million |
| 2023 | 18.53% | 11.38% | 0.33x | 4.99x | $635.82 Million |
| 2024 | 20.92% | 12.88% | 0.34x | 4.83x | $916.60 Million |
Industry Comparison
This section compares W. R. Berkley Corp's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $4,138,519,500
- Average return on equity (ROE) among peers: 12.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| W. R. Berkley Corp (WRB) | $9.81 Billion | 8.96% | 3.46x | $25.01 Billion |
| American Coastal Insurance Corp (ACIC) | $107.59 Million | 18.91% | 3.10x | $551.54 Million |
| American Financial Group Inc (AFG) | $3.21 Billion | 14.11% | 6.81x | $10.92 Billion |
| Aspen Insurance Holdings Limited (AHL) | $3.42 Billion | 10.38% | 2.13x | $118.01 Million |
| American Integrity Insurance Group, Inc. (AII) | $162.39 Million | 24.47% | 6.38x | $370.83 Million |
| Assurant Inc (AIZ) | $5.19 Billion | 9.33% | 4.58x | $10.94 Billion |
| The Allstate Corporation (ALL) | $22.55 Billion | 14.14% | 3.99x | $54.30 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $322.20 Million | 3.12% | 1.74x | $920.96 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $370.44 Million | 10.32% | 3.47x | $763.19 Million |
| Chubb Ltd (CB) | $5.42 Billion | 10.02% | 4.85x | $126.85 Billion |
| Cincinnati Financial Corporation (CINF) | $633.90 Million | 14.31% | 1.83x | $24.84 Billion |
About W. R. Berkley Corp
W. R. Berkley Corporation, an insurance holding company, operates as a commercial line writer worldwide. The company operates in two segments, Insurance, and Reinsurance & Monoline Excess. The Insurance segment underwrites commercial insurance business, including excess and surplus lines, admitted lines, and specialty personal lines. This segment also provides accident and health insurance and re… Read more