W. R. Berkley Corporation (WRB) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 667.86M | 1.01B | 1.14B | 703.81M | 743.82M | 810.03M | 1.24B | 881.33M | 746.24M | 698.08M | 1.08B | 708.75M | 445.32M | 795.3M | 767.65M | 527.97M | 477.68M | 659.59M | 828.59M | 384.82M |
| Operating CF Growth % | -10.21% | 24.99% | -8.13% | -20.14% | -0.32% | 16.04% | 15.2% | 24.35% | 67.57% | -12.22% | 40.31% | 34.24% | -6.77% | 20.57% | -7.35% | 37.2% | 53.6% | 37.49% | 48.73% | -9.94% |
| Operating CF / Revenue % | 18.11% | 27.22% | 30.25% | 19.17% | 20.97% | 22.09% | 36.49% | 26.59% | 22.91% | 21.67% | 35.54% | 23.66% | 15.38% | 26.39% | 28.18% | 21.01% | 16.38% | 25.58% | 34.18% | 16.76% |
| Net Income | 515.22M | 449.51M | 511.03M | 401.29M | 417.57M | 576.1M | 365.63M | 371.91M | 442.47M | 397.34M | 333.59M | 356.31M | 294.13M | 382.22M | 228.88M | 179.32M | 590.64M | 294.43M | 261.3M | 237.24M |
| Depreciation & Amortization | -15.47M | -15.3M | -9.07M | -13.97M | -9.79M | -13.64M | -11.93M | -64.28M | -80.78M | -24.16M | -3.61M | -2.84M | 9.74M | 9.84M | 8.8M | 12.61M | 24.63M | 28.35M | 30.73M | 37.05M |
| Stock-Based Compensation | 13.23M | 0 | 13.13M | 15.06M | 12.42M | 14.06M | 13.46M | 13.88M | 12.98M | 13.2M | 12.71M | 13.29M | 11.79M | 13.16M | 12.09M | 12.72M | 11.44M | 10.19M | 13.36M | 11.3M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.11M | 37.97M | -57.47M | 0 | -64.71M | 0 | 0 | 0 | 7.63M | -88.79M | -85.38M |
| Other Non-Cash Items | -23.39M | 45.34M | 991.97M | -58.82M | -43.6M | -146.93M | 3.02M | 33.01M | 3.13M | -65.4M | -156K | -584K | -23.59M | -33.8M | 32.96M | 179.42M | -415.88M | -70.46M | 6.02M | 440K |
| Working Capital Changes | 178.27M | 532.94M | -367.21M | 360.24M | 367.21M | 380.44M | 870.58M | 526.81M | 368.44M | 341.98M | 696.58M | 400.03M | 153.25M | 488.6M | 484.92M | 143.9M | 266.86M | 389.45M | 605.96M | 184.16M |
| Cash from Investing | -588.59M | -243.08M | -627.62M | -234.21M | -924.42M | -87.06M | -1.11B | -87.2M | -905.11M | -565.43M | -1.24B | 198.24M | -359.43M | -340.94M | -760.51M | -1.31B | 518.56M | -948.57M | -638.93M | -206.41M |
| Capital Expenditures | 0 | -116.26M | -16.94M | -20.59M | -16.2M | -13.95M | -13.2M | -24.13M | -54.34M | -10.95M | -16.41M | -14.19M | -11.53M | -17.41M | -13.24M | -12.91M | -9.11M | -13.08M | -5.29M | -37.4M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.07M | -13.66M | 94.08M | 0 | 62.26M | -837.16M | 0 | 857.22M | -39.61M | 18.16M | 206.69M |
| Purchase of Investments | -2.34B | -1.65B | -2.62B | -1.81B | -2.54B | -2.21B | -2.98B | -2.01B | -2.37B | -1.61B | -2.26B | -1.15B | -1.75B | -269.42M | -2.83B | -2.96B | -2.31B | -2.4B | -2.37B | -2.22B |
| Sale/Maturity of Investments | 1.64B | 1.62B | 506.25M | 1.53B | 1.62B | 2.07B | 1.98B | 2B | 1.48B | 1.13B | 1.15B | 1.15B | 1.4B | 197.01M | 1.99B | 1.7B | 1.86B | 1.63B | 1.68B | 1.93B |
| Other Investing | 113.61M | -92.88M | 1.5B | 65.88M | 12.52M | 66.99M | -95.91M | -48.91M | 42.51M | -70.76M | -91.56M | 117.69M | 2.1M | -313.38M | 933.04M | -34.21M | 126.55M | -128.75M | 45.01M | -86.02M |
| Cash from Financing | -339.11M | -618.06M | -95.26M | -231.71M | -81.41M | -290.55M | -153.82M | -378.42M | -29.7M | -423.64M | -22.85M | -320.28M | -295.73M | -137.15M | -184.15M | 636K | -451.33M | -216.19M | 98.05M | -404.25M |
| Dividends Paid | -33.7M | -411.9M | -34.19M | -223.84M | -30.34M | -220.44M | -125.79M | -157.5M | -28.22M | -314.54M | 0 | -28.33M | -158.59M | -53.05M | -159.16M | 0 | -22.98M | -199.63M | -134.82M | 0 |
| Share Repurchases | -302.43M | -196.39M | -24.63M | 0 | -49.2M | -67.41M | -12.48M | -223.76M | 0 | -106.63M | -2.92M | -292.47M | -135.15M | -87.57M | -6.57M | 0 | 0 | 0 | -92.74M | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 327K | -327K | 0 | 0 | 525K |
| Debt Issuance (Net) | 1000K | -339K | -1000K | -1000K | 1000K | 1000K | -660K | 400K | 20K | -120K | 940K | -1000K | -868K | -1000K | 1000K | -994K | -1000K | 665K | 1000K | -1000K |
| Other Financing | -4.08M | -9.43M | -34.72M | -6.67M | -3.51M | -6.04M | -14.89M | 2.45M | -1.5M | -2.36M | -20.87M | 1.6M | -1.11M | 6.78M | -20.41M | 1.3M | -3.03M | -17.22M | -21.22M | -5.22M |
| Net Change in Cash | -259M | 135.92M | 419.49M | 264.32M | -254.54M | 401.51M | -7.03M | 411.22M | -194.14M | -282.88M | -177.48M | 581.2M | -206.99M | 318.6M | -185.85M | -798.24M | 546M | -500.19M | 278.83M | -224.71M |
| Exchange Rate Effect | 841K | -15.43M | 2.52M | 26.44M | 7.47M | -30.91M | 11.14M | -4.5M | -5.56M | 8.11M | 3.62M | -5.5M | 2.84M | 1.38M | -8.84M | -18.37M | 1.08M | 4.98M | -8.87M | 1.13M |
| Cash at Beginning | 2.54B | 2.4B | 1.98B | 1.72B | 1.97B | 1.57B | 1.58B | 1.17B | 1.36B | 1.65B | 1.82B | 1.24B | 1.45B | 1.13B | 1.32B | 2.11B | 1.57B | 2.07B | 1.79B | 2.01B |
| Cash at End | 2.28B | 2.54B | 2.4B | 1.98B | 1.72B | 1.97B | 1.57B | 1.58B | 1.17B | 1.36B | 1.65B | 1.82B | 1.24B | 1.45B | 1.13B | 1.32B | 2.11B | 1.57B | 2.07B | 1.79B |
| Free Cash Flow | 667.86M | 896.24M | 1.12B | 683.21M | 727.62M | 796.08M | 1.23B | 857.2M | 691.9M | 687.12M | 1.06B | 694.56M | 433.79M | 777.89M | 754.41M | 515.06M | 468.57M | 646.52M | 823.3M | 347.42M |
| FCF Growth % | -8.21% | 12.58% | -8.53% | -20.3% | 5.16% | 15.86% | 15.73% | 23.42% | 59.5% | -11.67% | 40.6% | 34.85% | -7.42% | 20.32% | -8.37% | 48.25% | 56.13% | 36.8% | 49.95% | -17.07% |
| FCF Margin % | 18.11% | 24.1% | 29.8% | 18.61% | 20.51% | 21.71% | 36.1% | 25.87% | 21.24% | 21.33% | 35% | 23.18% | 14.98% | 25.81% | 27.69% | 20.5% | 16.07% | 25.08% | 33.96% | 15.13% |
| FCF per Share | 1.69 | 2.25 | 2.81 | 1.71 | 1.82 | 1.99 | 3.06 | 2.12 | 1.71 | 1.69 | 2.61 | 1.7 | 1.04 | 1.86 | 1.8 | 1.23 | 1.12 | 1.55 | 1.96 | 0.83 |