W. R. Berkley Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	12,143	11,166	9,455	8,099	7,902	Upgrade
Revenue Growth (YoY)	8.74%	18.10%	16.75%	2.49%	2.74%	Upgrade
Cost of Revenue	6,372	5,862	4,954	4,469	4,131	Upgrade
Gross Profit	5,771	5,305	4,502	3,630	3,771	Upgrade
Selling, General & Admin	3,364	2,962	2,599	2,390	2,362	Upgrade
Other Operating Expenses	525	493.19	472.15	384.49	402.67	Upgrade
Operating Expenses	3,889	3,455	3,071	2,775	2,765	Upgrade
Operating Income	1,882	1,850	1,430	855.34	1,006	Upgrade
Interest Expense / Income	127.46	130.37	147.18	150.54	153.41	Upgrade
Other Expense / Income	2.49	3.89	8.53	2.32	2.04	Upgrade
Pretax Income	1,752	1,716	1,274	702.49	850.88	Upgrade
Income Tax	370.56	334.73	251.89	171.82	168.94	Upgrade
Net Income	1,381	1,381	1,022	530.67	681.94	Upgrade
Net Income Growth	0.02%	35.07%	92.68%	-22.18%	6.43%	Upgrade
Shares Outstanding (Basic)	258	265	265	267	276	Upgrade
Shares Change	-2.86%	0.19%	-0.89%	-2.97%	0.27%	Upgrade
EPS (Basic)	5.10	4.99	3.69	1.89	2.39	Upgrade
EPS (Diluted)	5.05	4.94	3.66	1.87	2.35	Upgrade
EPS Growth	2.23%	34.97%	95.72%	-20.32%	5.72%	Upgrade
Free Cash Flow	2,876	2,516	2,117	1,579	1,083	Upgrade
Free Cash Flow Per Share	11.15	9.48	7.99	5.91	3.93	Upgrade
Dividend Per Share	1.930	0.887	1.340	0.313	1.120	Upgrade
Dividend Growth	117.59%	-33.81%	328.12%	-72.05%	20.56%	Upgrade
Gross Margin	47.52%	47.51%	47.61%	44.82%	47.72%	Upgrade
Operating Margin	15.50%	16.57%	15.12%	10.56%	12.73%	Upgrade
Profit Margin	11.38%	12.37%	10.81%	6.55%	8.63%	Upgrade
Free Cash Flow Margin	23.69%	22.53%	22.39%	19.49%	13.71%	Upgrade
Effective Tax Rate	21.15%	19.51%	19.77%	24.46%	19.85%	Upgrade
EBITDA	1,859	1,902	1,551	988.09	1,118	Upgrade
EBITDA Margin	15.31%	17.03%	16.41%	12.20%	14.14%	Upgrade
Depreciation & Amortization	-20.86	55.87	129.68	135.07	113.39	Upgrade
EBIT	1,879	1,846	1,422	853.02	1,004	Upgrade
EBIT Margin	15.48%	16.53%	15.03%	10.53%	12.71%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).