White Mountains Insurance Group, Ltd. (WTM) Earnings History
Growth Compounder37 years of earnings data (1989–2025) · Consistent double-digit EPS growth over 5 years
Loading earnings history...
White Mountains Insurance Group, Ltd. (WTM) Earnings Overview
As of September 23, 2026, White Mountains Insurance Group, Ltd. (WTM) reported trailing twelve-month net income of $1.12B, reflecting +379.1% year-over-year growth. The company earned $464.36 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 ($2.28B net income, 12.7% margin), ACGL ($4.69B net income, 22.1% margin), RNR ($2.63B 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% |
| 2015 | $295M | -5.4% | $129M | $50.60 | 67.1% | 29.4% |
| 2014 | $312M | -2.9% | -$29M | $51.21 | 22.1% | -2.1% |
| 2013 | $322M | +55.1% | $159M | $51.89 | 23.6% | 11.6% |
| 2012 | $207M | -73.0% | $263M | $30.50 | 8.5% | 10.8% |
| 2011 | $768M | +787.7% | $98M | $9.26 | 35.3% | 4.5% |
| 2010 | $87M | -81.6% | $165M | $10.12 | 3.4% | 6.4% |
| 2009 | $470M | +184.6% | $764M | $53.10 | 10.6% | 17.3% |
| 2008 | -$555M | -236.3% | -$1.14B | $-54.54 | -18.8% | -38.5% |
| 2007 | $407M | -39.5% | $682M | $37.89 | 8.6% | 14.4% |
| 2006 | $673M | +132.1% | $730M | $62.32 | 14.0% | 15.2% |
| 2005 | $290M | -30.7% | $445M | $26.56 | 6.3% | 9.6% |
| 2004 | $419M | +49.0% | $248M | $39.92 | 9.2% | 5.4% |
| 2003 | $281M | -86.4% | $374M | $23.63 | 7.4% | 9.9% |
| 2002 | $2.07B | +897.7% | $119M | $80.75 | 49.1% | 2.8% |
| 2001 | -$259M | -163.5% | $3.09B | $-41.93 | -8.0% | 95.5% |
| 2000 | $408M | +237.2% | $358M | $52.84 | 47.9% | 42.1% |
| 1999 | $121M | +54.1% | $130M | $20.35 | 22.1% | 23.7% |
| 1998 | $79M | +99.7% | $80M | $11.94 | 20.1% | 20.4% |
| 1997 | $39M | +357.0% | $237M | $5.40 | 13.4% | 80.9% |
| 1996 | $9M | -89.8% | $226M | $0.60 | 2.4% | 62.2% |
| 1995 | $84M | +462.5% | $35M | $9.16 | 37.8% | 15.8% |
| 1994 | -$23M | -133.0% | $42M | $-3.51 | -10.2% | 18.2% |
| 1993 | $70M | +141.1% | $141M | $5.68 | 18.8% | 37.6% |
| 1992 | $29M | -97.8% | $140M | $4.79 | 10.5% | 50.2% |
| 1991 | $1.31B | +758.2% | $234M | $40.01 | 381.7% | 68.0% |
| 1990 | $153M | +109.6% | $300M | $3.03 | 35.3% | 69.3% |
| 1989 | $73M | - | $3.00B | $0.99 | 2.1% | 86.1% |
Download Data
Export WTM earnings history in CSV or JSON format
Free sign-in required to download data
WTM Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
37+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
WTM — Frequently Asked Questions
Quick answers to the most common questions about buying WTM stock.
What is WTM earnings per share (EPS)?
WTM trailing twelve-month (TTM) diluted EPS is $464.36, reflecting +379.1% year-over-year growth. The 5-year EPS CAGR is +13.6%. Complete EPS history from 1989 to 2025 is available in the table on this page.
What is White Mountains Insurance Group, Ltd.'s net income?
White Mountains Insurance Group, Ltd. (WTM) trailing twelve-month net income is $1.1B as of 2025. Earnings grew +379.1% year-over-year. White Mountains Insurance Group, Ltd. has been profitable for 4 consecutive years.
Is WTM profitable?
Yes, WTM is profitable with a TTM net income of $1.1B and a net profit margin of +40.9%. White Mountains Insurance Group, Ltd. has generated profits for 4 consecutive years.
What is WTM's earnings growth rate?
WTM compound annual EPS growth rates (CAGR): 1-Year: +379.1%, 3-Year: +15.8%, 5-Year: +13.6%, 10-Year: +23.9%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.
What are WTM's profit margins?
White Mountains Insurance Group, Ltd. net profit margin is +40.9%, operating margin is +49.1%, and gross margin is +53.7%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +19.4%.
Is WTM growing earnings?
Yes, WTM earnings are accelerating — EPS growth of +379.1% exceeds the 5-year CAGR of +13.6%. TTM net income reached $1.1B. Earnings momentum is strengthening.
What was WTM's best earnings year?
White Mountains Insurance Group, Ltd.'s highest annual net income on record is $2.1B, achieved in fiscal year 2002. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.
What were WTM's earnings last quarter?
WTM's most recent reported quarter was Q2 2026. Net income was $200M with diluted EPS of $80.58. For a full breakdown of all quarters, see the quarterly earnings table on this page.