WTM · White Mountains Insurance Group Ltd
$2,111.91
-5.95 (-0.28%)
At close · Aug 5
Market Cap
$5.20B
Shares
2.48M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$3.74B
+66.8%
FY2025
Net Income
$1.11B
+380.2%
FY2025
Gross Margin
95.94%
-2.7pp
FY2025
Diluted EPS
$430.14
+379.1%
FY2025
Operating Cash Flow
$550.5M
-6.2%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $3.68B | $3.74B | $2.24B | $2.17B | $1.16B | $614.4M | $895.6M | $893.4M | $369.1M | $373.8M | $157.7M | $440M | $1.41B | $1.36B | $2.44B | $2.17B | $2.33B | $3.44B | $2.95B | |
| $163M | — | — | — | $126.5M | $84.8M | $132.2M | $81M | $62M | $58.5M | $34.5M | $15.3M | $72.4M | $72.2M | $167M | $195.4M | $217.8M | $258.6M | — | |
| $1.77B | $1.78B | $1.69B | $1.44B | $1.08B | $664.2M | $22.8M | $16.3M | $13.9M | $10.4M | $13.4M | $12M | $1.19B | $1.12B | $2.06B | $1.92B | $2.03B | $2.72B | $3.71B | |
| $187M | $151.8M | $29.6M | $40.4M | $98.6M | $69.3M | $11.3M | $48.1M | $248.7M | $139.4M | $102M | $93.6M | — | — | — | — | — | — | — | |
| $3.49B | $3.58B | $2.21B | $2.13B | $1.06B | $545.1M | $884.3M | $845.3M | $120.4M | $234.4M | $55.7M | $346.4M | — | — | — | — | — | — | — | |
| — | 95.94% | 98.68% | 98.14% | 91.48% | 88.72% | 98.74% | 94.62% | 32.62% | 62.71% | 35.32% | 78.73% | — | — | — | — | — | — | — | |
| $655.5M | $606.6M | $490.1M | $432.6M | $364.1M | $291.6M | $207.9M | $328.2M | $233.5M | $208M | $175.5M | $200.7M | $216.5M | $149.1M | $182.2M | $175.3M | $155M | $197.4M | $250.1M | |
| $32.9M | $28.4M | $22M | $7.2M | $5.2M | $4.6M | $1.6M | $21.8M | $18.8M | $10.7M | $10.5M | $8.4M | $8.3M | $1.4M | $1.2M | — | — | — | — | |
| — | $9M | -$6.4M | -$17.8M | $4.3M | $21.6M | $9.6M | $29.8M | $25.7M | $22.4M | $20.4M | $3.8M | $35.3M | $28.6M | $50.8M | — | — | — | — | |
| $79.9M | $78.4M | $60.8M | $62.7M | $40.3M | $20.5M | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | $0 | $0 | $67.5M | $0 | $0 | $0 | $25.1M | $45.6M | $36.6M | $29.9M | -$20.2M | $9.9M | $24.3M | $5.8M | |
| $257.1M | $361.5M | $184.9M | $434.2M | -$191.5M | -$246.1M | $686M | $433.2M | -$108.3M | $133.3M | -$27.4M | $260.5M | $78.5M | $133.9M | $118.2M | $74.1M | $77.6M | $361.7M | -$1.11B | |
| $1.23B | $1.33B | $316.7M | $565.4M | -$149.4M | -$273.6M | $660.4M | $405.1M | -$178.2M | $7.8M | -$147.3M | $129.2M | -$29.4M | $158.6M | $262.8M | $98M | $189.3M | $797.2M | -$1.14B | |
| $118.1M | $126.9M | $32.6M | -$15.5M | $41.4M | $44.4M | -$14.8M | $29.3M | -$4M | -$7.8M | -$32.9M | $12.7M | -$14.8M | $32.6M | -$15.7M | -$110M | $29.6M | $214.2M | -$498.7M | |
| $1.05B | $1.11B | $230.4M | $509.2M | $792.8M | -$275.4M | $663.4M | $376.6M | -$191.4M | $593.1M | $409M | $276.7M | $290M | $309.1M | $193.4M | $809.4M | $86.5M | $470M | -$555.3M | |
| — | 29.62% | 10.29% | 23.5% | 68.47% | -44.82% | 74.07% | 42.15% | -51.86% | 158.67% | 259.35% | 62.89% | 20.55% | 22.7% | 7.94% | 37.25% | 3.71% | 13.65% | -18.85% | |
| $67.4M | $95.4M | $53.7M | $71.7M | -$80.4M | -$46.5M | -$45.3M | -$37.9M | -$50.2M | -$34.1M | $7.2M | -$18.5M | -$22.2M | -$12.5M | -$14M | $41.5M | $53M | $109.5M | -$74.4M | |
| $1.03B | $1.09B | $227.4M | $502M | -$108.4M | -$269.3M | $708.7M | $414.5M | -$141.2M | $627.2M | $401.8M | $295.2M | $312.2M | $321.6M | $207.4M | $767.9M | $86.5M | $470M | — | |
| $1.05B | $1.11B | $230.3M | $511.1M | $787.6M | -$273.3M | $715.5M | $413.1M | -$145.7M | $630.5M | $547.1M | $187.4M | $210.6M | $241.8M | $302.6M | $686.2M | $214.4M | $750.8M | -$940.8M | |
| USD/shares | — | $430.14 | $89.79 | $198.60 | $276.96 | -$89.46 | $226.97 | $130.27 | -$41.76 | $146.06 | $80.11 | $50.20 | $51.13 | $51.85 | $30.50 | $97.44 | $10.12 | $53.11 | -$54.26 |
| USD/shares | — | $430.14 | $89.79 | $198.60 | $276.96 | -$89.46 | $226.97 | $130.27 | -$41.76 | $146.06 | $80.06 | $50.20 | $51.13 | $51.85 | $30.50 | $97.44 | $10.12 | $53.10 | -$54.26 |
| shares | — | 2.53M | 2.53M | 2.53M | 2.83M | 3.04M | 3.08M | 3.14M | 3.34M | 4.24M | 4.95M | 5.81M | 6.03M | 6.11M | 6.71M | 7.81M | 8.45M | 8.76M | — |
| shares | — | 2.53M | 2.53M | 2.53M | 2.83M | 3.04M | 3.08M | 3.14M | 3.34M | 4.24M | 4.95M | 5.81M | 6.03M | 6.11M | 6.71M | 7.81M | 8.45M | 8.77M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $4.84B in buybacks, $127M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
EV/EBIT
—
P/E (TTM)
5.20×
Peer median 13.05×
Peer medians compare against the 36 similar-size Insurance - Property & Casualty companies (of 45 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Ark Insurance Holdings Limited WM Outrigger Re Segment | $1,943,800,000 | $1,750,900,000 | $1,557,800,000 | $1,009,500,000 | $668,500,000 | — | — | — |
| Bamboo Insurance Services LLC Segment | $246,300,000 | $179,800,000 | $0 | $0 | — | — | — | — |
| Kudu Investment Management LLC Segment | $183,400,000 | $118,800,000 | $177,100,000 | $118,500,000 | $134,000,000 | — | — | — |
| HG Global BAM Segment | $73,600,000 | -$44,600,000 | $92,400,000 | -$46,400,000 | $23,000,000 | — | — | — |
| Distinguished Partners Segment | $57,700,000 | $0 | $0 | — | — | — | — | — |
| Ark Insurance Holdings Limited | — | — | — | $1,009,500,000 | $668,500,000 | $0 | $0 | — |
| Hg Global Bam | — | — | — | -$46,400,000 | $23,000,000 | $68,500,000 | $66,600,000 | $24,300,000 |
| Kudu Investment Management LLC | — | — | — | $118,500,000 | $134,000,000 | $45,700,000 | $21,200,000 | $0 |
| Kudu | — | — | — | — | $134,000,000 | — | $21,200,000 | — |
| MediaAlpha | — | — | — | — | $0 | — | $48,800,000 | $297,100,000 |
| NSM Insurance Group | — | — | — | — | $330,400,000 | — | $233,100,000 | $101,600,000 |
| Other Entity | — | — | — | $76,300,000 | -$211,100,000 | $781,400,000 | $523,700,000 | -$53,900,000 |
| Other Operations | — | — | — | — | -$211,100,000 | — | $523,700,000 | -$53,900,000 |
By Geography (USD)
| Component | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|
| United Kingdom | $53,100,000 | $49,400,000 | $30,000,000 | $28,000,000 |
By Product & Service (USD)
| Component | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|
| Commission and Other Revenue | $340,000,000 | $293,400,000 | $240,000,000 | $105,700,000 | $400,000 |
| Specialty Transportation | $97,200,000 | $85,500,000 | $77,600,000 | $28,300,000 | — |
| Product | $87,500,000 | $14,500,000 | $5,500,000 | — | — |
| Pet | $76,300,000 | $55,000,000 | $45,900,000 | — | — |
| Other | $45,100,000 | $29,700,000 | $25,900,000 | $16,900,000 | $400,000 |
| Real Estate | $34,400,000 | $44,900,000 | $34,700,000 | $17,800,000 | — |
| Social Services | $33,900,000 | $28,900,000 | $25,900,000 | $14,700,000 | — |
| Advertising | — | — | $48,800,000 | $295,500,000 | $163,200,000 |
Key facts
CIK
776867
CUSIP
G9618E107
13F (30d)
131 filings
131 filers
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