WTM

White Mountains Insurance Group Ltd Financials Fire, Marine & Casualty Insurance Russell 3000
$2,269.99Close $5.6BMarket cap $1,880.75 – $2,319.4152-week range Nov 5, 2026Next report

Highlights

Strengths

  • Near its high 2% below its 52-week high
  • Earnings growing EPS +71% year on year, faster than the quarter before (+255 pts)

Cautions

  • Not in an uptrend 4 of 8 trend conditions
  • Extended 4.4 ATR above its 50-day average
  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 2%
1wk up 2.0% price change
1mo up 13.1% price change
12-month return up 19% market up 11% · its own up 9%
F-score — — Not assessed
Altman Z — Unknown
P/E 5.1× price / earnings
PEG 0.01 P/E / EPS growth
P/B 1.0× price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth up 67% year on year
EPS growth up 71% latest quarter · +255 pts
Sales growth up 23% latest quarter · +33 pts
ROE up 22% return on equity
Free cash margin —
D/E 0.15 long-term debt / equity
Net debt / EBITDA —
Interest cover —EBIT / interest

Trade setup

ATR% 1.8% $41.42 a day · 2×ATR $2,187.15
RS 63 / 99 vs the universe
Trend 4 / 8 trend template
Relative volume 1.0× vs 50-day average
Up/down volume 1.17 50 sessions
Implied move — no option chain · report Nov 5, 2026
Trend template · 4 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Gross margin narrowing Gross margin fell from 98.7% to 95.9%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 6, 2026
Results reaction Aug 6, 2026+1% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.7B +67% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $895.6M FY2021 · $614.4M FY2022 · $1.2B FY2023 · $2.2B FY2024 · $2.2B FY2025 · $3.7B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $1.1B +380% on FY2024
-$500M $0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $663.4M FY2021 · -$275.4M FY2022 · $792.8M FY2023 · $509.2M FY2024 · $230.4M FY2025 · $1.1B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 96%
  • Net 30%
-50% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 99% · Net 74% FY2021 · Gross 89% · Net -45% FY2022 · Gross 91% · Net 68% FY2023 · Gross 98% · Net 24% FY2024 · Gross 99% · Net 10% FY2025 · Gross 96% · Net 30%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $84.6M · Long-term debt $376.4M FY2021 · Cash $147.7M · Long-term debt $420.9M FY2022 · Cash $255.0M · Long-term debt $575.2M FY2023 · Cash $122.4M · Long-term debt $564.6M FY2024 · Cash $266.4M · Long-term debt $562.5M FY2025 · Cash $185.6M · Long-term debt $837.0M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 2.48m -20.1% since FY2020
3.10m 2.48m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 3.10m FY2021 · 3.02m FY2022 · 2.57m FY2023 · 2.56m FY2024 · 2.57m FY2025 · 2.48m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $895.6M $614.4M $1.2B $2.2B $2.2B $3.7B
Gross margin 99% 89% 91% 98% 99% 96%
Net income $663.4M -$275.4M $792.8M $509.2M $230.4M $1.1B
Net margin 74% -45% 68% 24% 10% 30%
Earnings per share $215.29 -$90.52 $280.52 $201.48 $90.99 $436.57
Cash $84.6M $147.7M $255.0M $122.4M $266.4M $185.6M
Long-term debt $376.4M $420.9M $575.2M $564.6M $562.5M $837.0M
Shareholders' equity $3.9B $3.5B $3.7B $4.2B $4.5B $5.4B
Shares outstanding 3.10m 3.02m 2.57m 2.56m 2.57m 2.48m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 6, 2026 Quarterly ↗ Mar 31, 2026 36d
Feb 27, 2026 Annual ↗ Dec 31, 2025 58d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 7, 2025 Quarterly ↗ Mar 31, 2025 37d
Feb 28, 2025 Annual ↗ Dec 31, 2024 59d
Nov 6, 2024 Quarterly ↗ Sep 30, 2024 37d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 9, 2024 Quarterly ↗ Mar 31, 2024 39d
Feb 26, 2024 Annual ↗ Dec 31, 2023 57d
Nov 6, 2023 Quarterly ↗ Sep 30, 2023 37d

Current reports