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Side-by-side financial comparison of BARRICK MINING CORP (B) and W. R. Berkley Corporation (WRB). Click either name above to swap in a different company.

W. R. Berkley Corporation is the larger business by last-quarter revenue ($3.7B vs $3.7B, roughly 1.0× BARRICK MINING CORP). BARRICK MINING CORP runs the higher net margin — 34.1% vs 14.0%, a 20.2% gap on every dollar of revenue. On growth, BARRICK MINING CORP posted the faster year-over-year revenue change (16.4% vs 4.0%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

William Robert Berkley is the founder and current chairman of W. R. Berkley Corporation and the chairman of the New York University Board of Trustees.

B vs WRB — Head-to-Head

Bigger by revenue
WRB
WRB
1.0× larger
WRB
$3.7B
$3.7B
B
Growing faster (revenue YoY)
B
B
+12.4% gap
B
16.4%
4.0%
WRB
Higher net margin
B
B
20.2% more per $
B
34.1%
14.0%
WRB

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
B
B
WRB
WRB
Revenue
$3.7B
$3.7B
Net Profit
$1.3B
$515.2M
Gross Margin
49.0%
Operating Margin
38.5%
Net Margin
34.1%
14.0%
Revenue YoY
16.4%
4.0%
Net Profit YoY
98.1%
23.4%
EPS (diluted)
$0.47
$1.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
B
B
WRB
WRB
Q1 26
$3.7B
Q4 25
$3.7B
Q3 25
$3.8B
Q2 25
$3.7B
$3.7B
Q1 25
$3.5B
Q4 24
$3.7B
Q3 24
$3.4B
Q2 24
$3.2B
$3.3B
Net Profit
B
B
WRB
WRB
Q1 26
$515.2M
Q4 25
$449.5M
Q3 25
$511.0M
Q2 25
$1.3B
$401.3M
Q1 25
$417.6M
Q4 24
$576.1M
Q3 24
$365.6M
Q2 24
$634.0M
$371.9M
Gross Margin
B
B
WRB
WRB
Q1 26
Q4 25
Q3 25
Q2 25
49.0%
Q1 25
Q4 24
Q3 24
Q2 24
37.4%
Operating Margin
B
B
WRB
WRB
Q1 26
Q4 25
15.4%
Q3 25
17.2%
Q2 25
38.5%
14.2%
Q1 25
15.2%
Q4 24
19.9%
Q3 24
14.0%
Q2 24
34.5%
14.7%
Net Margin
B
B
WRB
WRB
Q1 26
14.0%
Q4 25
12.1%
Q3 25
13.6%
Q2 25
34.1%
10.9%
Q1 25
11.8%
Q4 24
15.7%
Q3 24
10.8%
Q2 24
20.1%
11.2%
EPS (diluted)
B
B
WRB
WRB
Q1 26
$1.31
Q4 25
$1.13
Q3 25
$1.28
Q2 25
$0.47
$1.00
Q1 25
$1.04
Q4 24
$0.89
Q3 24
$0.91
Q2 24
$0.21
$0.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
B
B
WRB
WRB
Cash + ST InvestmentsLiquidity on hand
$4.8B
$2.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$33.4B
Total Assets
$47.3B
$44.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
WRB
WRB
Q1 26
$2.1B
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$4.8B
$2.0B
Q1 25
$1.7B
Q4 24
$2.0B
Q3 24
$1.6B
Q2 24
$4.0B
$1.6B
Stockholders' Equity
B
B
WRB
WRB
Q1 26
Q4 25
$9.7B
Q3 25
$9.8B
Q2 25
$33.4B
$9.3B
Q1 25
$8.9B
Q4 24
$8.4B
Q3 24
$8.4B
Q2 24
$32.5B
$7.8B
Total Assets
B
B
WRB
WRB
Q1 26
$44.3B
Q4 25
$44.1B
Q3 25
$43.7B
Q2 25
$47.3B
$42.7B
Q1 25
$41.3B
Q4 24
$40.6B
Q3 24
$40.4B
Q2 24
$46.2B
$38.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
B
B
WRB
WRB
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
WRB
WRB
Q1 26
Q4 25
$995.1M
Q3 25
$1.1B
Q2 25
$1.3B
$703.8M
Q1 25
$743.8M
Q4 24
$810.0M
Q3 24
$1.2B
Q2 24
$1.2B
$881.3M
Cash Conversion
B
B
WRB
WRB
Q1 26
Q4 25
2.21×
Q3 25
2.23×
Q2 25
1.06×
1.75×
Q1 25
1.78×
Q4 24
1.41×
Q3 24
3.39×
Q2 24
1.83×
2.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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