White Mountains Insurance Group, Ltd. (WTM) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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WTM EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
WTM Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 53.7% | 49.1% | 40.9% |
| 2024 | 45.6% | 13.5% | 9.8% |
| 2023 | 53.1% | 26.1% | 23.5% |
| 2022 | 32.0% | -12.9% | 68.5% |
| 2021 | 5.4% | -44.5% | -44.8% |
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White Mountains Insurance Group, Ltd. (WTM) Earnings Overview
As of May 8, 2026, White Mountains Insurance Group, Ltd. (WTM) reported trailing twelve-month net income of $1.05B, reflecting +379.1% year-over-year growth. The company earned $430.14 per diluted share over the past four quarters, with a net profit margin of 40.9%.
Looking at the long-term picture, WTM's 5-year EPS compound annual growth rate (CAGR) stands at +13.6%, showing solid earnings momentum. The company achieved its highest annual net income of $2.07B in fiscal 2002.
White Mountains Insurance Group, Ltd. maintains industry-leading profitability with a gross margin of 53.7%, operating margin of 49.1%, and net margin of 40.9%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including MKL ($1.77B net income, 12.7% margin), ACGL ($4.40B net income, 22.1% margin), RNR ($3.09B net income, 21.0% margin), WTM has outperformed on profitability metrics. Compare WTM vs MKL →
WTM Earnings vs Peers
Earnings metrics vs comparable public companies
WTM Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $1.11B | +380.2% | $1.33B | $430.14 | 40.9% | 49.1% |
| 2024 | $230M | -54.8% | $317M | $89.79 | 9.8% | 13.5% |
| 2023 | $509M | -35.8% | $565M | $198.63 | 23.5% | 26.1% |
| 2022 | $793M | +387.9% | -$149M | $276.96 | 68.5% | -12.9% |
| 2021 | -$275M | -138.9% | -$274M | $-89.46 | -44.8% | -44.5% |
| 2020 | $709M | +71.0% | $660M | $227.72 | 79.1% | 73.7% |
| 2019 | $415M | +393.6% | $405M | $130.27 | 46.4% | 45.3% |
| 2018 | -$141M | -122.5% | -$178M | $-41.76 | -38.3% | -48.3% |
| 2017 | $627M | +56.1% | $8M | $146.06 | 167.8% | 2.1% |
| 2016 | $402M | +36.1% | -$147M | $82.19 | 254.8% | -93.4% |
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Start ComparisonWTM — Frequently Asked Questions
Quick answers to the most common questions about buying WTM stock.
Is WTM growing earnings?
WTM EPS is $430.14, with earnings growth accelerating to +379.1%. This exceeds the 5-year CAGR of +13.6%. TTM net income reached $1.0B.
What are WTM's profit margins?
White Mountains Insurance Group, Ltd. net margin is +40.9%, with operating margin at +49.1%. Above-average margins indicate pricing power.
How consistent are WTM's earnings?
WTM earnings data spans 1989-2025. The accelerating earnings trend is +379.1% YoY. Historical data enables comparison across business cycles.