BERKLEY W R CORP (WRB) closed fiscal year 2025 with a gross margin of 47.2 % and a net margin of 12.1 %.
BERKLEY W R CORP (WRB) closed fiscal year 2025 with a gross margin of 47.2 % and a net margin of 12.1 %. The same year shows an EBIT margin of 16.4 %. The free cash flow margin was 23.2 %. Against the previous year the gross margin moved −0.6 pp and the net margin −0.8 pp. Across the period the gross margin ranges between 42.9 % in 2008 and 51.1 % in 2010. The series covers 18 fiscal years, from 2008 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 42.90 % | 47.27 % | 51.10 % | 48.44 % | 49.37 % | 50.11 % | 51.04 % | 49.26 % | 49.76 % | 47.92 % | 48.32 % | 47.72 % | 44.82 % | 47.61 % | 47.51 % | 47.52 % | 47.71 % | 47.16 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 16.57 % | 15.50 % | 17.53 % | 16.37 % |
| Net margin (%) | 5.97 % | 6.97 % | 9.45 % | 7.59 % | 8.77 % | 7.80 % | 9.10 % | 6.99 % | 7.86 % | 7.15 % | 8.33 % | 8.63 % | 6.55 % | 10.81 % | 12.37 % | 11.38 % | 12.88 % | 12.10 % |
| FCF margin (%) | 31.30 % | 6.45 % | 8.50 % | 12.12 % | 10.90 % | 11.81 % | 9.72 % | 11.35 % | 10.42 % | 7.74 % | 7.42 % | 13.71 % | — | — | 22.53 % | 23.69 % | 26.20 % | 23.20 % |
