White Mountains Insurance Group Ltd
WTM NYSE· Fire, Marine & Casualty Insurance
Last close · Oct 23, 2026
$2,225.24
KIRA · Stoqly’s AI analyst, in plain words
- White Mountains Insurance Group Ltd had $3.7B of revenue in fiscal 2025, up 66.8% on the year before. Over five years, revenue changed +33.1% a year on average.
- White Mountains Insurance Group Ltd made $1.1B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 20.5% a year.
- White Mountains Insurance Group Ltd returned $205M to shareholders in fiscal 2025. The diluted share count rose 0.1%.
- White Mountains Insurance Group Ltd owes $651M more than it holds in cash.
Market cap
$5.4B
P/E
5.1x
Revenue
$3.7B
Net income
$1.1B
Free cash flow
—
Operating margin
—
White Mountains Insurance Group Ltd in 30 seconds · fiscal 2025
Are sales growing?
+66.8%
Yes. Sales grew 66.8% last year.
Does it make a profit?
29.6%
Yes. It keeps 29.6% of every sale as profit.
How healthy are the accounts?
4 / 8
Mixed. It passes 4 of 8 health tests.
How is the share priced?
5.1x
One share costs 5.1 times its yearly profit per share.
What White Mountains Insurance Group Ltd does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 27, 2026
- Legal name
- WHITE MOUNTAINS INSURANCE GROUP LTD
- CIK
- 0000776867
White Mountains Insurance Group Ltd · WTM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $614M | $1.2B | $2.2B | $2.2B | $3.7B |
| Revenue growth | −31.4% | 88.5% | 87.1% | 3.4% | 66.8% |
| Gross margin | 88.7% | 91.5% | 98.1% | 98.7% | 95.9% |
| Net income | −$275M | $793M | $509M | $230M | $1.1B |
| Net margin | −44.8% | 68.5% | 23.5% | 10.3% | 29.6% |
| Diluted EPS | −$89.46 | $276.96 | $198.60 | $89.79 | $430.14 |
| Cash | |||||
| Cash from operations | $38.6M | $365M | $404M | $587M | $551M |
| Dividends paid | $3.1M | $3.0M | $2.6M | $2.5M | $2.6M |
| Share buybacks | $108M | $616M | $32.7M | $7.9M | $203M |
| Share count change | −1.3% | −7.1% | −10.6% | 0.2% | 0.1% |
| Debt and strength | |||||
| Cash and short-term investments | $148M | $255M | $122M | $266M | $186M |
| Debt incl. finance leases | $421M | $575M | $565M | $563M | $837M |
| Shareholders' equity | $3.5B | $3.7B | $4.2B | $4.5B | $5.4B |
| Returns and quality | |||||
| Return on equity | −7.4% | 21.7% | 12.8% | 5.3% | 22.3% |
| Return on tangible equity | −8.4% | −3.2% | 13.0% | 6.0% | 24.7% |
| Piotroski F-score | 4 | 6 | 6 | 5 | 4 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$10.6M
2 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
White Mountains Insurance Group Ltd · WTM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2,225.24 a share, the company is worth $5.4B: 5.1 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000776867). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.