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CNA Financial vs Berkley W R: CNA and WRB compared
CNA Financial is the larger company: $3.8B of revenue in its latest quarter (Q3 2026) against $3.7B for Berkley W R (Q3 2026). CNA Financial is growing faster (+0.1% against -0.8% a year earlier). Berkley W R is more profitable, with an operating margin of 15.4% against 6.2%.
Where the money goes: CNA and WRB
CNA Financial (CNA) · Q3 2026
CNA Financial, Q3 2026: revenue $3.8B (+0.1% year over year), operating margin 6.2%, net earnings $196M, operating cash flow $654M. The chart follows the revenue to costs, profit and cash.
Berkley W R (WRB) · Q3 2026
Berkley W R, Q3 2026: revenue $3.7B (-0.8% year over year), operating margin 15.4%, net earnings $448M, operating cash flow $731M. The chart follows the revenue to costs, profit and cash.
| CNA Financial (CNA) | Berkley W R (WRB) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $3.8B | $3.7B |
| Revenue growth, Y/Y | +0.1% | -0.8% |
| Operating margin | 6.2% | 15.4% |
| Net earnings | $196M | $448M |
| Net margin | 5.1% | 12.0% |
| Operating cash flow | $654M | $731M |
| Free cash flow | $634M | — |
| Market value | $13.1B | $30.1B |
| P/E | 12.7× | 16.3× |
| Analysts’ mean target | $48.00 | $69.18 |
Questions
Which is bigger, CNA Financial or Berkley W R?
CNA Financial is the larger company: $3.8B of revenue in its latest quarter (Q3 2026) against $3.7B for Berkley W R (Q3 2026).
Is CNA Financial or Berkley W R growing faster?
CNA Financial is growing faster (+0.1% against -0.8% a year earlier).
Which is more profitable, CNA Financial or Berkley W R?
Berkley W R is more profitable, with an operating margin of 15.4% against 6.2%.
More: CNA Financial earnings · how CNA Financial makes money · Berkley W R earnings · how Berkley W R makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 2, 2026; 10-Q filed Nov 2, 2026). Fiscal quarters can end on different dates. Not investment advice.