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

TELUS CORP is the larger business by last-quarter revenue ($3.7B vs $3.7B, roughly 1.0× W. R. Berkley Corporation). W. R. Berkley Corporation runs the higher net margin — 14.0% vs -4.8%, a 18.8% gap on every dollar of revenue. On growth, W. R. Berkley Corporation posted the faster year-over-year revenue change (4.0% vs 2.2%).

Telus Corporation is a Canadian publicly traded holding company and conglomerate, headquartered in Vancouver, British Columbia, which is the parent company of several subsidiaries: Telus Communications offers telephony, television, data and Internet services; Telus Mobility offers wireless services; Telus Health operates companies that provide health products and services; and Telus Digital operates worldwide, providing multilingual customer service outsourcing and digital IT services. Telus ...

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.

TU vs WRB — Head-to-Head

Bigger by revenue
TU
TU
1.0× larger
TU
$3.7B
$3.7B
WRB
Growing faster (revenue YoY)
WRB
WRB
+1.9% gap
WRB
4.0%
2.2%
TU
Higher net margin
WRB
WRB
18.8% more per $
WRB
14.0%
-4.8%
TU

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
TU
TU
WRB
WRB
Revenue
$3.7B
$3.7B
Net Profit
$-178.8M
$515.2M
Gross Margin
90.2%
Operating Margin
3.4%
Net Margin
-4.8%
14.0%
Revenue YoY
2.2%
4.0%
Net Profit YoY
-210.9%
EPS (diluted)
$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
TU
TU
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
$3.6B
$3.3B
Net Profit
TU
TU
WRB
WRB
Q1 26
$515.2M
Q4 25
$449.5M
Q3 25
$511.0M
Q2 25
$-178.8M
$401.3M
Q1 25
$417.6M
Q4 24
$576.1M
Q3 24
$365.6M
Q2 24
$161.3M
$371.9M
Gross Margin
TU
TU
WRB
WRB
Q1 26
Q4 25
Q3 25
Q2 25
90.2%
Q1 25
Q4 24
Q3 24
Q2 24
87.9%
Operating Margin
TU
TU
WRB
WRB
Q1 26
Q4 25
15.4%
Q3 25
17.2%
Q2 25
3.4%
14.2%
Q1 25
15.2%
Q4 24
19.9%
Q3 24
14.0%
Q2 24
13.7%
14.7%
Net Margin
TU
TU
WRB
WRB
Q1 26
14.0%
Q4 25
12.1%
Q3 25
13.6%
Q2 25
-4.8%
10.9%
Q1 25
11.8%
Q4 24
15.7%
Q3 24
10.8%
Q2 24
4.4%
11.2%
EPS (diluted)
TU
TU
WRB
WRB
Q1 26
$1.31
Q4 25
$1.13
Q3 25
$1.28
Q2 25
$1.00
Q1 25
$1.04
Q4 24
$0.89
Q3 24
$0.91
Q2 24
$0.92

Balance Sheet & Financial Strength

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

Metric
TU
TU
WRB
WRB
Cash + ST InvestmentsLiquidity on hand
$2.7B
$2.1B
Total DebtLower is stronger
Stockholders' EquityBook value
$11.8B
Total Assets
$44.3B
$44.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TU
TU
WRB
WRB
Q1 26
$2.1B
Q4 25
$2.5B
Q3 25
$2.4B
Q2 25
$2.7B
$2.0B
Q1 25
$1.7B
Q4 24
$2.0B
Q3 24
$1.6B
Q2 24
$676.7M
$1.6B
Stockholders' Equity
TU
TU
WRB
WRB
Q1 26
Q4 25
$9.7B
Q3 25
$9.8B
Q2 25
$11.8B
$9.3B
Q1 25
$8.9B
Q4 24
$8.4B
Q3 24
$8.4B
Q2 24
$12.4B
$7.8B
Total Assets
TU
TU
WRB
WRB
Q1 26
$44.3B
Q4 25
$44.1B
Q3 25
$43.7B
Q2 25
$44.3B
$42.7B
Q1 25
$41.3B
Q4 24
$40.6B
Q3 24
$40.4B
Q2 24
$41.8B
$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
TU
TU
WRB
WRB
Operating Cash FlowLast quarter
$851.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TU
TU
WRB
WRB
Q1 26
Q4 25
$995.1M
Q3 25
$1.1B
Q2 25
$851.2M
$703.8M
Q1 25
$743.8M
Q4 24
$810.0M
Q3 24
$1.2B
Q2 24
$1.0B
$881.3M
Cash Conversion
TU
TU
WRB
WRB
Q1 26
Q4 25
2.21×
Q3 25
2.23×
Q2 25
1.75×
Q1 25
1.78×
Q4 24
1.41×
Q3 24
3.39×
Q2 24
6.28×
2.37×

Financial Flow Comparison

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

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