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White Mountains Insurance Group, Ltd.(WTM)Earnings, Financials & Key Ratios
WTM•NYSE•Insurance & Managed Care
$2093.98
$5.19B mkt cap·4.9× P/E·Price updated May 7, 2026
SectorFinancial ServicesIndustryProperty & Casualty InsuranceSub-IndustryInsurance distributors and MGAs
AboutWhite Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the United States. The company operates through five segments: HG Global/BAM, Ark, NSM, Kudu, and Other Operations. The HG Global/BAM segment provides insurance on municipal bonds issued to finance public purposes, such as schools, utilities, and transportation facilities, as well as reinsurance protection services. The Ark segment writes a portfolio of reinsurance and insurance, including property, marine and energy, accident and health, casualty, and specialty products. The NSM segment operates as a managing general agent and program administrator for specialty property and casualty insurance to various sectors comprising specialty transportation, real estate, social services, and pet. The Kudu segment provides capital solutions to boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisitions and growth finances, and legacy partner liquidity, as well as strategic assistance to investees. The Other Operations segment offers insurance solutions to travel industry through broker channel and on a direct-to-consumer basis; and manages separate accounts and pooled investment vehicles for insurance-linked securities sectors, including catastrophe bonds, collateralized reinsurance investments, and industry loss warranties of third-party clients. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.Show more
- Revenue$2.71B+15.0%
- Combined Ratio50.92%-41.2%
- Net Income$1.11B+380.2%
- Return on Equity19.43%+308.8%
- Medical Cost Ratio46.28%-15.0%
- Operating Margin49.08%+264.8%
- Net Margin40.87%+317.6%
- ROA9.95%+295.5%
- Equity / Assets50.83%-1.7%
- Book Value per Share2448.98+20.8%
- Tangible BV/Share1928.97+10.7%
- Debt/Equity0.13+22.1%
WTM Key Insights
White Mountains Insurance Group, Ltd. (WTM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Profitable underwriting: 50.9% combined ratio
- ✓Low loss ratio of 46.3%
- ✓Trading at only 0.9x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
WTM Price & Volume
White Mountains Insurance Group, Ltd. (WTM) stock price & volume — 10-year historical chart
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WTM Growth Metrics
White Mountains Insurance Group, Ltd. (WTM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years19.92%
5 Years24.76%
3 Years32.73%
TTM9.5%
Profit CAGR
10 Years14.12%
5 Years9.32%
3 Years11.75%
TTM3646.59%
EPS CAGR
10 Years23.86%
5 Years13.56%
3 Years15.81%
TTM3563.9%
Return on Capital
10 Years3.71%
5 Years3.58%
3 Years8.59%
Last Year15.04%
WTM Recent Earnings
White Mountains Insurance Group, Ltd. (WTM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 0/12 qtrs (0%)
Q2 2026Latest
May 6, 2026EPS
$12.59
Est $4.00
+414.4%
Revenue
—
Est $637M
Q1 2026
Feb 6, 2026EPS
$39.77
Est $379.45
-89.5%
Revenue
$576M
Est $576M
+0.0%
Q4 2025
Nov 6, 2025EPS
$72.21
Est $57.00
+26.7%
Revenue
$864M
Q3 2025
Aug 7, 2025EPS
$47.75
Est $57.00
-16.2%
Revenue
$689M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $12.59vs $4.00+414.4% | —vs $637M |
| Q1 2026 | Feb 6, 2026 | $39.77vs $379.45-89.5% | $576Mvs $576M+0.0% |
| Q4 2025 | Nov 6, 2025 | $72.21vs $57.00+26.7% | $864M |
| Q3 2025 | Aug 7, 2025 | $47.75vs $57.00-16.2% | $689M |
Based on last 12 quarters of dataView full earnings history →
WTM Peer Comparison
White Mountains Insurance Group, Ltd. (WTM) competitors in Insurance distributors and MGAs — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 MKL | 22.52B | 1799.97 | 10.64 | -0.96% | 10.7% | 9.56% | 0.23 | |
 ACGL | 33.67B | 94.52 | 8.13 | 14.27% | 22.07% | 19.02% | 0.11 | |
 RNR | 12.98B | 300.76 | 5.31 | 9.45% | 26.93% | 16.59% | 0.12 | |
 ERIE | 10.01B | 216.75 | 20.41 | 7.17% | 13.2% | 25.03% | ||
 HCI | 1.99B | 152.87 | 6.15 | 20.21% | 33.89% | 31.99% | 0.06 | |
 KMPR | 1.73B | 29.38 | 12.83 | 3.62% | 0.83% | 1.43% | 0.38 | |
 AIG | 41.01B | 76.43 | 14.08 | -1.82% | 11.86% | 7.7% | 0.22 | |
 TRV | 64.62B | 298.86 | 10.90 | 5.17% | 12.88% | 19.12% | 0.28 |
Compare WTM vs Peers
White Mountains Insurance Group, Ltd. (WTM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
WTM Income Statement
White Mountains Insurance Group, Ltd. (WTM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 373.8M | 369.1M | 893.4M | 895.6M | 614.4M | 1.16B | 2.17B | 2.35B | 2.71B | 2.5B |
| Revenue Growth % | 137.03% | -1.26% | 142.05% | 0.25% | -31.4% | 88.46% | 87.12% | 8.66% | 14.99% | 9.5% |
| Medical Costs & Claims | 5.2M | 33.7M | 70.5M | 82.3M | 581.3M | 787M | 1.02B | 1.28B | 1.25B | 921.2M |
| Medical Cost Ratio % | 1.39% | 9.13% | 7.89% | 9.19% | 94.61% | 67.97% | 46.93% | 54.42% | 46.28% | 36.82% |
| Gross Profit | 368.6M▲ 0% | 335.4M▼ 9.0% | 822.9M▲ 145.3% | 813.3M▼ 1.2% | 33.1M▼ 95.9% | 370.9M▲ 1020.5% | 1.15B▲ 210.0% | 1.07B▼ 6.7% | 1.45B▲ 35.5% | 1.21B▲ 0% |
| Gross Margin % | 98.61% | 90.87% | 92.11% | 90.81% | 5.39% | 32.03% | 53.07% | 45.58% | 53.72% | 48.3% |
| Gross Profit Growth % | 155.79% | -9.01% | 145.35% | -1.17% | -95.93% | 1020.54% | 210% | -6.68% | 35.55% | - |
| Operating Expenses | 360.8M | 513.6M | 417.8M | 152.9M | 306.7M | 520.3M | 584.4M | 756.3M | 125.7M | 100.1M |
| OpEx / Revenue % | 96.52% | 139.15% | 46.77% | 17.07% | 49.92% | 44.93% | 26.97% | 32.12% | 4.64% | 4% |
| Depreciation & Amortization | 22.4M | 25.7M | 29.8M | 9.6M | 21.6M | 4.3M | -17.8M | -6.4M | 2.6M | 1.5M |
| Combined Ratio % | 97.91% | 148.28% | 54.66% | 26.26% | 144.53% | 112.9% | 73.91% | 86.55% | 50.92% | 40.82% |
| Operating Income | 7.8M▲ 0% | -178.2M▼ 2384.6% | 405.1M▲ 327.3% | 660.4M▲ 63.0% | -273.6M▼ 141.4% | -149.4M▲ 45.4% | 565.4M▲ 478.4% | 316.7M▼ 44.0% | 1.33B▲ 319.5% | 1.11B▲ 0% |
| Operating Margin % | 2.09% | -48.28% | 45.34% | 73.74% | -44.53% | -12.9% | 26.09% | 13.45% | 49.08% | 44.29% |
| Operating Income Growth % | 105.3% | -2384.62% | 327.33% | 63.02% | -141.43% | 45.39% | 478.45% | -43.99% | 319.55% | - |
| EBITDA | 30.2M | -152.5M | 434.9M | 670M | -252M | -145.1M | 547.6M | 310.3M | 1.33B | 1.13B |
| EBITDA Margin % | 8.08% | -41.32% | 48.68% | 74.81% | -41.02% | -12.53% | 25.27% | 13.18% | 49.17% | 45.24% |
| Interest Expense | 2.3M | 9.5M | 17.6M | 7.4M | 20.5M | 40.3M | 62.7M | 60.8M | 58.8M | 45.1M |
| Non-Operating Income | -2.3M | -9.5M | -17.6M | -7.4M | -20.5M | -40.3M | -62.7M | -60.8M | -78.4M | -60.6M |
| Pretax Income | 7.8M▲ 0% | -178.2M▼ 2384.6% | 405.1M▲ 327.3% | 660.4M▲ 63.0% | -273.6M▼ 141.4% | -149.4M▲ 45.4% | 565.4M▲ 478.4% | 316.7M▼ 44.0% | 1.33B▲ 319.5% | 1.23B▲ 0% |
| Pretax Margin % | 2.09% | -48.28% | 45.34% | 73.74% | -44.53% | -12.9% | 26.09% | 13.45% | 49.08% | 49.09% |
| Income Tax | -7.8M | -4M | 29.3M | -14.8M | 44.4M | 41.4M | -15.5M | 32.6M | 126.9M | 116.5M |
| Effective Tax Rate % | -100% | 2.24% | 7.23% | -2.24% | -16.23% | -27.71% | -2.74% | 10.29% | 9.55% | 9.48% |
| Net Income | 627.2M▲ 0% | -141.2M▼ 122.5% | 414.5M▲ 393.6% | 708.7M▲ 71.0% | -275.4M▼ 138.9% | 792.8M▲ 387.9% | 509.2M▼ 35.8% | 230.4M▼ 54.8% | 1.11B▲ 380.2% | 1.05B▲ 0% |
| Net Margin % | 167.79% | -38.26% | 46.4% | 79.13% | -44.82% | 68.47% | 23.5% | 9.79% | 40.87% | 41.78% |
| Net Income Growth % | 56.1% | -122.51% | 393.56% | 70.98% | -138.86% | 387.87% | -35.77% | -54.75% | 380.21% | 3646.59% |
| EPS (Diluted) | 146.06▲ 0% | -41.76▼ 128.6% | 130.27▲ 411.9% | 227.72▲ 74.8% | -89.46▼ 139.3% | 276.96▲ 409.6% | 198.63▼ 28.3% | 89.79▼ 54.8% | 430.14▲ 379.1% | -▲ 0% |
| EPS Growth % | 77.71% | -128.59% | 411.95% | 74.81% | -139.29% | 409.59% | -28.28% | -54.8% | 379.05% | 3563.9% |
| EPS (Basic) | 146.06 | -41.76 | 130.27 | 227.72 | -89.46 | 276.96 | 198.63 | 89.79 | 430.14 | - |
| Diluted Shares Outstanding | 4.29M | 3.34M | 3.14M | 3.08M | 3.04M | 2.83M | 2.53M | 2.53M | 2.55M | 0 |
WTM Balance Sheet
White Mountains Insurance Group, Ltd. (WTM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 3.66B | 3.36B | 3.98B | 4.83B | 7B | 7.39B | 8.39B | 9.93B | 12.31B | 7.13B |
| Asset Growth % | -43.88% | -8.11% | 18.46% | 21.29% | 44.9% | 5.55% | 13.49% | 18.36% | 23.99% | 24.52% |
| Total Investment Assets | 3.35B | 2.54B | 2.95B | 2.94B | 4.26B | 5.17B | 6.39B | 5.29B | 8.57B | 3M |
| Long-Term Investments | 3.17B | 2.22B | 2.27B | 2.15B | 3.8B | 3B | 3.49B | 4.33B | 5.61B | 16.04B |
| Short-Term Investments | 176.1M | 214.2M | 201.2M | 142.8M | 458.1M | 924.1M | 1.49B | 964.2M | 2.96B | 0 |
| Total Current Assets | 331.1M | 60.3M | 0 | 0 | 0 | 0 | 0 | 3.05B | 4.91B | 97.3M |
| Cash & Equivalents | 97.1M | 110.3M | 161M | 211.2M | 147.7M | 255M | 121.7M | 252.3M | 184.9M | 97.3M |
| Receivables | 57.8M | 87.4M | 86.5M | 83.6M | 871.3M | 1.15B | 1.06B | 1.83B | 1.77B | 6.38B |
| Other Current Assets | 0 | 0 | -448.7M | -437.6M | -1.54B | -2.38B | -2.67B | 0 | 0 | 0 |
| Goodwill & Intangibles | 62.1M | 537.5M | 654.7M | 782.4M | 340.5M | 392.4M | 370.6M | 720.3M | 1.33B | 3.54B |
| Goodwill | 25.9M | 379.9M | 394.7M | 0 | 142.3M | 176.5M | 168.8M | 439.2M | 0 | 292.5M |
| Intangible Assets | 36.2M | 157.6M | 260M | 0 | 198.2M | 215.9M | 201.8M | 281.1M | 1.33B | 0 |
| PP&E (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 32.6M | 0 | 0 |
| Other Assets | -3.22B | 0 | -2.93B | -2.93B | 2.86B | 4B | 4.53B | -4.79B | 457.6M | 0 |
| Total Liabilities | 298.4M | 644.4M | 838.5M | 1.01B | 3.3B | 3.45B | 3.82B | 4.79B | 6.05B | 5.59B |
| Total Debt | 23.8M | 192.7M | 283.5M | 376.4M | 639.1M | 575.2M | 564.6M | 562.5M | 837M | 0 |
| Net Debt | -73.3M | 82.4M | 122.5M | 165.2M | 491.4M | 320.2M | 442.9M | 310.2M | 652.1M | -97.3M |
| Long-Term Debt | 23.8M | 192.7M | 12.5M | 290.1M | 420.9M | 575.2M | 564.6M | 562.5M | 837M | 0 |
| Short-Term Debt | 0 | 0 | 271M | 86.3M | 218.2M | 5.4M | 0 | 7.3M | 0 | 0 |
| Total Current Liabilities | 32.2M | 111.4M | 0 | 0 | 0 | 2.58B | 0 | 237.6M | 4.33B | 0 |
| Accounts Payable | 32.2M | 104.2M | 102.3M | 113.4M | 424.1M | 251.1M | 81.1M | 237.6M | 367.5M | 0 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.36B | 0 |
| Other Current Liabilities | 0 | 0 | -373.3M | -199.7M | -642.3M | 2.33B | -81.1M | -7.3M | 2.49B | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 182.4M | 365.4M | -12.5M | -290.1M | 2.88B | 1.7B | 3.26B | 3.99B | 885.8M | 5.59B |
| Total Equity | 3.36B▲ 0% | 2.72B▼ 19.1% | 3.14B▲ 15.7% | 3.82B▲ 21.4% | 3.7B▼ 3.0% | 3.94B▲ 6.2% | 4.56B▲ 15.9% | 5.13B▲ 12.5% | 6.26B▲ 21.9% | 1.55B▲ 0% |
| Equity Growth % | -9.56% | -19.12% | 15.69% | 21.41% | -2.96% | 6.22% | 15.92% | 12.48% | 21.91% | -29.69% |
| Shareholders Equity | 3.49B | 2.84B | 3.26B | 3.91B | 3.55B | 3.75B | 4.24B | 4.48B | 5.43B | 5.37B |
| Minority Interest | -131.7M | -124.9M | -116.8M | -88.1M | 156.6M | 188.1M | 321.1M | 647.3M | 829.7M | 131.5M |
| Retained Earnings | 2.82B | 2.26B | 2.67B | 3.31B | 2.96B | 3.21B | 3.69B | 3.92B | 4.85B | 4.79B |
| Common Stock | 3.8M | 3.2M | 3.2M | 3.1M | 3M | 2.6M | 2.6M | 2.6M | 579M | 581.3M |
| Accumulated OCI | -1.3M | -5.8M | -7.2M | -400K | 1.7M | -3.5M | -1.6M | -1.7M | 800K | 0 |
| Return on Equity (ROE) | 17.73% | -4.65% | 14.14% | 20.36% | -7.32% | 20.75% | 11.99% | 4.75% | 19.43% | 22.17% |
| Return on Assets (ROA) | 12.32% | -4.02% | 11.29% | 16.08% | -4.66% | 11.02% | 6.46% | 2.52% | 9.95% | 9.59% |
| Equity / Assets | 91.85% | 80.84% | 78.95% | 79.02% | 52.92% | 53.25% | 54.4% | 51.69% | 50.83% | 21.69% |
| Debt / Equity | 0.01x | 0.07x | 0.09x | 0.10x | 0.17x | 0.15x | 0.12x | 0.11x | 0.13x | 0.13x |
| Book Value per Share | 782.65 | 813.25 | 1001.15 | 1239.01 | 1217.65 | 1392.33 | 1804.93 | 2026.46 | 2448.98 | 624.67 |
| Tangible BV per Share | 768.19 | 652.44 | 792.72 | 1239.01 | 1105.74 | 1253.49 | 1658.29 | 1741.98 | 1928.97 | - |
WTM Cash Flow Statement
White Mountains Insurance Group, Ltd. (WTM) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -62.4M | -31.1M | -120.5M | -12.8M | 98.2M | 434M | 404.1M | 586.8M | -7.2M | -7.2M |
| Operating CF Growth % | 52.22% | 50.16% | -287.46% | 89.38% | 867.19% | 341.96% | -6.89% | 45.21% | -101.23% | 178.56% |
| Operating CF / Revenue % | -16.69% | -8.43% | -13.49% | -1.43% | 15.98% | 37.48% | 18.65% | 24.92% | -0.27% | -0.29% |
| Net Income | 36.1M | -174.2M | 414.5M | 701.7M | -268.3M | 792.8M | 509.2M | 284.1M | 1.11B | 1.05B |
| Depreciation & Amortization | 22.4M | 25.7M | 29.8M | 0 | 0 | 4.3M | -17.8M | -6.4M | 0 | 5.6M |
| Stock-Based Compensation | 0 | 13M | 0 | 0 | 0 | 66.1M | 15.3M | 0 | 20.3M | -51.6M |
| Deferred Taxes | -11.4M | -8.4M | 24.8M | 0 | 0 | 0 | 0 | 11.1M | 0 | 7.7M |
| Other Non-Cash Items | -139M | 108.3M | -647.3M | -659.1M | 392.5M | -547M | -449.3M | -58.5M | -1.38B | -829.3M |
| Working Capital Changes | 29.5M | 4.5M | 57.7M | -55.4M | -26M | 117.8M | 346.7M | 356.5M | 248.4M | 361.5M |
| Cash from Investing | 715.5M | 459.2M | -59.9M | 65.5M | -204M | 155.7M | -543.9M | -447M | 212.7M | -776.7M |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 1.1B | -295.2M | -258M | -56.5M | 80M | -67.9M | 87.1M | -215.6M | 0 | -336.6M |
| Purchase of Investments | -3.33B | -1.39B | -746.7M | -648.3M | -1.64B | 0 | -1.47B | -1.99B | 0 | -1.52B |
| Sale/Maturity of Investments | 2.76B | 2.16B | 942.7M | 1.42B | 721.9M | 0 | 793.2M | 1.56B | 0 | 715.7M |
| Other Investing | 180.9M | -10.6M | 2.1M | -646.7M | 634.9M | 223.6M | 43.7M | 200.6M | 212.7M | 368.9M |
| Cash from Financing | -637.1M | -414.3M | 230.5M | -21.8M | 149.2M | -461.8M | 7.2M | 4.2M | -205.2M | -27M |
| Dividends Paid | -4.6M | -3.8M | -3.2M | -3.2M | -3.1M | -3M | -2.6M | -2.5M | -2.6M | -2.4M |
| Share Repurchases | -714.6M | -511.9M | -62.7M | -78.5M | -107.5M | -615.8M | -32.7M | -7.9M | -202.6M | -218.6M |
| Stock Issued | 0 | 0 | 62.7M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | 3M |
| Other Financing | 71.1M | 32.7M | 50.2M | -20.2M | -21.8M | -100K | 55.8M | 16.1M | -277.2M | 6.2M |
| Net Change in Cash | 16.9M▲ 0% | 13.2M▼ 21.9% | 50.7M▲ 284.1% | 696.5M▲ 1273.8% | -709.8M▼ 201.9% | 107.3M▲ 115.1% | -132.6M▼ 223.6% | 144M▲ 208.6% | 300K▼ 99.8% | -38.9M▲ 0% |
| Exchange Rate Effect | 0 | -600K | 600K | 665.6M | -753.2M | -20.6M | 0 | 0 | 0 | 136.1M |
| Cash at Beginning | 80.2M | 97.1M | 110.3M | 161M | 857.5M | 147.7M | 255M | 122.4M | 100K | 185.6M |
| Cash at End | 97.1M | 110.3M | 161M | 857.5M | 147.7M | 255M | 122.4M | 266.4M | 400K | 137M |
| Free Cash Flow | 133M▲ 0% | -31.1M▼ 123.4% | -120.5M▼ 287.5% | -12.8M▲ 89.4% | 98.2M▲ 867.2% | 434M▲ 342.0% | 404.1M▼ 6.9% | 586.8M▲ 45.2% | -7.2M▼ 101.2% | 628.7M▲ 0% |
| FCF Growth % | 198.59% | -123.38% | -287.46% | 89.38% | 867.19% | 341.96% | -6.89% | 45.21% | -101.23% | 17.58% |
| FCF Margin % | 35.58% | -8.43% | -13.49% | -1.43% | 15.98% | 37.48% | 18.65% | 24.92% | -0.27% | 25.13% |
| FCF per Share | 30.97 | -9.3 | -38.36 | -4.15 | 32.28 | 153.56 | 159.89 | 231.75 | -2.82 | -2.82 |
WTM Key Ratios
White Mountains Insurance Group, Ltd. (WTM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Combined Ratio | 97.91% | 148.28% | 54.66% | 26.26% | 144.53% | 112.9% | 73.91% | 86.55% | 50.92% | 40.82% |
| Medical Cost Ratio | 1.39% | 9.13% | 7.89% | 9.19% | 94.61% | 67.97% | 46.93% | 54.42% | 46.28% | 36.82% |
| Return on Equity (ROE) | 17.73% | -4.65% | 14.14% | 20.36% | -7.32% | 20.75% | 11.99% | 4.75% | 19.43% | 22.17% |
| Return on Assets (ROA) | 12.32% | -4.02% | 11.29% | 16.08% | -4.66% | 11.02% | 6.46% | 2.52% | 9.95% | 9.59% |
| Equity / Assets | 91.85% | 80.84% | 78.95% | 79.02% | 52.92% | 53.25% | 54.4% | 51.69% | 50.83% | 21.69% |
| Book Value / Share | 782.65 | 813.25 | 1K | 1.24K | 1.22K | 1.39K | 1.8K | 2.03K | 2.45K | 624.67 |
| Debt / Equity | 0.01x | 0.07x | 0.09x | 0.10x | 0.17x | 0.15x | 0.12x | 0.11x | 0.13x | 0.13x |
| Revenue Growth | 137.03% | -1.26% | 142.05% | 0.25% | -31.4% | 88.46% | 87.12% | 8.66% | 14.99% | 9.5% |
WTM SEC Filings & Documents
White Mountains Insurance Group, Ltd. (WTM) SEC filings — annual & quarterly reports (10-K, 10-Q)
WTM Frequently Asked Questions
White Mountains Insurance Group, Ltd. (WTM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
White Mountains Insurance Group, Ltd. (WTM) grew revenue by 15.0% over the past year. This is steady growth.
Yes, White Mountains Insurance Group, Ltd. (WTM) is profitable, generating $1.05B in net income for fiscal year 2025 (40.9% net margin).
Dividend & Returns
White Mountains Insurance Group, Ltd. (WTM) does not currently pay a meaningful dividend. The company may be reinvesting profits for growth.
White Mountains Insurance Group, Ltd. (WTM) has a return on equity (ROE) of 19.4%. This is reasonable for most industries.
Industry Metrics
White Mountains Insurance Group, Ltd. (WTM) has a combined ratio of 50.9%. A ratio below 100% indicates underwriting profitability.
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White Mountains Insurance Group, Ltd. (WTM) financial analysis — history, returns, DCA and operating performance tools
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