White Mountains Insurance Group, Ltd. WTM
- Market cap
- $4.8B
- P/E
- 4.6×
Follow WTM
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 689.31 | 834.20 | 786.23 | 850.75 | 629.21 | 978.51 | 982.60 | 1,312.00 | 1,475.00 | 1,648.00 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| 874.69 | 948.94 | 980.89 | 1,131.50 | 1,168.21 | 1,267.52 | 1,435.45 | 1,617.00 | 2,023.00 | 2,143.25 |
High Price
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| 1,400 | 276 | 1,058 | 1,262 | 1,366 | 1,648 | 803 | 782 | 893 | 1,648 |
Employees
|
|||
| 0 | 1 | 0 | 1 | 1 | 0 | 1 | 3 | 3 | 2 |
Revenue/Emp
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|||
| 158 | 374 | 369 | 893 | 896 | 614 | 1,158 | 2,167 | 2,240 | 3,735 |
Revenue
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|||
| 26.44% | 61.21% | 23.38% | 86.72% | 97.96% | 7.16% | 23.52% | 51.20% | 43.76% | 60.47% |
Gross Margin
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| (147) | 8 | (178) | 405 | 660 | (274) | (149) | 565 | 317 | 1,329 |
EBT
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|||
| (93.41%) | 2.09% | (48.28%) | 45.34% | 73.74% | (44.53%) | (12.90%) | 26.09% | 14.14% | 35.57% |
EBT Margin
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| 409 | 593 | (191) | 377 | 663 | (322) | 712 | 581 | 284 | 1,202 |
Net Income
|
|||
| 39 | 37 | 39 | 40 | 26 | 36 | 18 | (2) | 10 | 28 |
Depreciation
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|||
| 31.86 | 88.18 | 110.44 | 284.43 | 290.68 | 201.91 | 409.73 | 857.32 | 884.53 | 1,473.78 |
Revenue/Sh
|
|||
| 82.24 | 146.06 | (41.76) | 130.27 | 226.97 | (89.46) | 276.96 | 198.60 | 89.79 | 430.14 |
Earnings/Sh
|
|||
| (31.33) | 22.32 | (9.31) | (38.36) | (19.67) | 12.68 | 129.16 | 159.89 | 231.74 | 217.22 |
Cash Flow/Sh
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| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex/Sh
|
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| (31.33) | 22.32 | (9.31) | (38.36) | (19.67) | 12.68 | 129.16 | 159.89 | 231.74 | 217.22 |
Free CF/Sh
|
|||
| 750.71 | 792.83 | 813.35 | 1,001.18 | 1,239.18 | 1,217.45 | 1,392.43 | 1,804.93 | 2,026.30 | 2,416.29 |
Book Value/Sh
|
|||
| 5 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Shares
|
|||
| 10.51 | 5.74 | 0.00 | 8.55 | 4.36 | 0.00 | 5.04 | 7.61 | 21.61 | 4.81 |
PE Ratio
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|||
| 5.21 | 9.62 | 7.77 | 3.92 | 3.44 | 5.02 | 3.41 | 1.76 | 2.20 | 1.41 |
PS Ratio
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| 1.04 | 1.07 | 1.05 | 1.11 | 0.81 | 0.83 | 1.00 | 0.84 | 0.96 | 0.86 |
PB Ratio
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| 5.12 | 9.42 | 7.99 | 4.06 | 2.91 | 5.47 | 3.69 | 1.97 | 2.36 | 1.58 |
EV/Sales
|
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| (21.90) | 37.62 | (91.86) | (29.85) | (42.24) | 89.32 | 11.72 | 10.56 | 9.04 | 10.77 |
EV/FCF
|
|||
| (155) | 95 | (31) | (120) | (61) | 39 | 365 | 404 | 587 | 551 |
Op' Cash Flow
|
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| — | — | — | — | — | — | — | — | — | — | Capex | |||
| (155) | 95 | (31) | (120) | (61) | 39 | 365 | 404 | 587 | 551 |
FCF
|
|||
| (74) | (43) | (115) | (130) | 494 | (1,135) | (1,182) | (1,661) | (1,995) | (2,402) |
Working Cap'
|
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| 13 | 24 | 193 | 284 | 376 | 421 | 575 | 565 | 563 | 837 |
Total Debt
|
|||
| (67) | (73) | 82 | 123 | (481) | 273 | 320 | 442 | 372 | 652 |
Net Debt
|
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| 3,716 | 3,361 | 2,718 | 3,145 | 3,818 | 3,705 | 3,935 | 4,562 | 5,131 | 6,124 |
Sh' Equity
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| 4.78% | 12.32% | (4.02%) | 11.29% | 16.08% | (4.66%) | 11.02% | 6.46% | 2.52% | 9.95% |
ROA
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| (2.47%) | 0.19% | (3.88%) | 7.80% | 12.40% | (4.19%) | (1.91%) | 7.72% | 4.32% | 13.88% |
ROIC
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|||
| 9.94% | 17.73% | (4.65%) | 14.14% | 20.36% | (7.32%) | 20.75% | 11.99% | 4.75% | 19.66% |
ROE
|
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White Mountains Insurance Group, Ltd. peers in Insurance Property & Casualty
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|---|---|---|---|
| HGTY Hagerty, Inc. | $4.7B | 84.8× | Compare |
| SIGI Selective Insurance Group, Inc. | $5.1B | 10.7× | Compare |
| RLI RLI Corp. | $5.2B | 11.7× | Compare |
| MCY Mercury General Corporation | $5.4B | 5.9× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| LMND Lemonade, Inc. | $3.5B | 0.0× | Compare |
| PLMR Palomar Holdings, Inc. | $3.3B | 16.2× | Compare |
| THG The Hanover Insurance Group, Inc. | $7.6B | 10.3× | Compare |
| KNSL Kinsale Capital Group, Inc. | $7.8B | 13.3× | Compare |
White Mountains Insurance Group, Ltd. (WTM) key facts
- White Mountains Insurance Group, Ltd. (WTM) is an Insurance Property & Casualty company in the Financial sector, listed on the New York Stock Exchange.
- White Mountains Insurance Group, Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 66.8% from fiscal 2024.
- As of September 25, 2026, WTM traded at $2,028.62, a market capitalization of $4.8 billion.
- White Mountains Insurance Group, Ltd. pays an annual dividend of $1.00 per share, a yield of 0.06%, with a payout ratio of 1.14%.
- Return on equity was 19.7% and debt-to-equity 0.15.
White Mountains Insurance Group, Ltd. (WTM) Latest News
14 Sep
Bamboo Insurance announces launch of initial public offering. Bamboo Insurance IPO represents moderately noticeable strategic development potentially affecting WTM financials and positioning.
27 Aug
White Mountains Insurance Group benefits from focused leadership driving sustainable growth. Leadership focus supports moderate positive effects on operations and investor outlook.
6 Aug
White Mountains Insurance Group, Ltd. released its second quarter financial results. Quarterly results release key performance metrics that can shift near-term investor views without altering long-term strategy.
12 May
White Mountains Insurance Group (WTM) reported a Q1 loss alongside Level 3 valuation uncertainty, sparking speculation on investor responses. Q1 loss and Level 3 valuation uncertainty moderately impact WTM's financial performance and investor sentiment.
6 May
White Mountains Insurance Group, Ltd. (WTM) reported first quarter results. First quarter results influence key financial metrics and market sentiment but represent routine quarterly reporting.
1 May
White Mountains Partners announced the acquisition of Hawkeye Electric by Enterprise Solutions. Acquisition marks a major strategic expansion for portfolio companies, likely enhancing diversification and growth prospects.
1 Apr
White Mountains Partners announces acquisition of BaseSix. Acquisition of BaseSix marks a major strategic expansion for White Mountains Insurance Group.
26 Feb
Bishop Street Underwriters announces strategic investment from White Mountains Insurance Group, Ltd. (WTM), marking a key partnership to enhance underwriting capabilities. Strategic investment expands White Mountains' footprint in specialized underwriting, significantly boosting growth prospects and investor confidence.
9 Feb
White Mountains Insurance Group, Ltd. (WTM) has shown notable earnings per share (EPS) growth, indicating a positive trend in its financial performance. The company is making strategic moves that could enhance its market position and investor appeal. Analysts are optimistic about its future prospects, suggesting that WTM is becoming an increasingly attractive investment option. Significant EPS growth and strategic initiatives are likely to impact future performance and investor sentiment.
6 Feb
White Mountains Insurance Group, Ltd. reported its Q4 earnings, showcasing a notable performance with significant growth in net income and overall revenue. The company highlighted strategic initiatives that contributed to its financial success, including improvements in underwriting and investment income. Management expressed optimism about future prospects, citing favorable market conditions and ongoing efforts to enhance operational efficiency. Overall, the results reflect a strong position in the insurance sector, positioning the company for continued growth. Significant growth in net income and revenue indicates a strong performance that could influence future market positioning.
White Mountains Insurance Group, Ltd. (WTM) reported its fourth quarter results, highlighting key financial metrics and performance indicators. The company showcased growth in various segments, reflecting its strategic initiatives and market positioning. Overall, the results indicate a positive trajectory for WTM, with management expressing optimism about future prospects. The reported results indicate moderate growth and positive management outlook, which may influence financial performance but are balanced by other market factors.
13 Jan
White Mountains Insurance Group, Ltd. (NYSE: WTM) has delivered a 15% compound annual growth rate (CAGR) to its shareholders over the past five years, reflecting strong performance and effective management strategies. The company's focus on strategic investments and risk management has contributed to this growth, positioning it favorably in the insurance market. The 15% CAGR indicates a solid performance, but it does not suggest any transformative changes that would significantly alter the company's trajectory.
24 Dec
White Mountains Insurance Group, Ltd. announced the final results of its tender offer, revealing that approximately 1,000 shares were validly tendered and accepted for purchase. The company will pay $1,000 per share, totaling around $1 million. The tender offer was part of a strategy to manage its capital and enhance shareholder value. The offer period concluded on October 20, 2023, and the company plans to fund the purchase with available cash. The tender offer reflects a strategic move to manage capital and enhance shareholder value, which may moderately influence market sentiment and financial performance.
22 Dec
White Mountains Insurance Group, Ltd. announced preliminary results of its tender offer, indicating a significant response from shareholders. The company is focused on optimizing its capital structure and enhancing shareholder value through this strategic move. The tender offer reflects management's commitment to returning capital to shareholders while maintaining a strong balance sheet. The tender offer is a significant strategic move that could enhance shareholder value and impact the company's financial positioning.
3 Dec
White Mountains Insurance Group, Ltd. (WTM) has experienced a steady increase in share price over the past several years, prompting an assessment of its current valuation. Analysts are evaluating the company's financial health and market position in light of this growth, considering factors such as earnings performance and strategic initiatives. The article highlights the importance of understanding the underlying drivers of the company's success and potential future challenges as it navigates a competitive landscape. The steady share price increase indicates a moderately noticeable influence on financial performance and market sentiment.
2 Dec
Longleaf Partners Small-Cap Fund highlights its investment thesis for White Mountains Insurance Group, Ltd. (WTM), emphasizing the company's strong fundamentals, strategic positioning, and potential for growth. The fund believes WTM is undervalued and presents a compelling investment opportunity due to its diversified business model and effective management. The analysis suggests that WTM's focus on niche markets and disciplined capital allocation could lead to significant long-term returns for investors. The investment thesis indicates a significant potential for growth and value realization in WTM's operations and market positioning.
1 Dec
White Mountains Insurance Group, Ltd. (WTM) was among the stocks purchased by Congress members, highlighting a trend where lawmakers are investing in companies that may benefit from legislative actions. This move reflects a growing interest in the insurance sector and could indicate potential future gains for WTM as policies evolve. The article outlines the specific stocks bought by Congress, emphasizing the strategic choices made by these lawmakers in the current market environment. Congress's investment in WTM suggests a moderately noticeable influence on market sentiment and potential financial performance.
21 Nov
White Mountains Insurance Group, Ltd. announced a self-tender offer to purchase up to $300 million worth of its common shares. This initiative aims to enhance shareholder value and reflects the company's commitment to returning capital to its investors. The offer is expected to commence shortly, providing shareholders with an opportunity to sell their shares back to the company at a specified price. The self-tender offer represents a significant strategic move that could enhance shareholder value and influence market sentiment.
20 Nov
White Mountains Insurance Group, Ltd. (NYSE: WTM) has shown strong performance recently, but its fundamentals present mixed signals. Analysts are questioning the stock's future direction, considering various factors that could influence its trajectory. Investors are advised to weigh these fundamentals against the company's recent successes to gauge potential outcomes. Mixed fundamentals may moderately influence financial performance and investor sentiment.
6 Nov
White Mountains Insurance Group, Ltd. reported its Q3 earnings, showcasing a notable performance with significant growth in net income and overall revenue. The company highlighted strategic initiatives that contributed to its positive results, including effective risk management and investment strategies. Analysts noted the strong performance in its insurance and reinsurance segments, which bolstered investor confidence. The outlook for the remainder of the year remains optimistic, with expectations for continued growth driven by favorable market conditions and operational efficiencies. The strong Q3 earnings and strategic initiatives indicate a significant positive shift in the company's performance and future outlook.
White Mountains Insurance Group, Ltd. (WTM) reported its third quarter results, highlighting key financial metrics and operational performance. The company showcased growth in premiums and improvements in underwriting results, contributing to a positive outlook for the remainder of the year. Management emphasized strategic initiatives aimed at enhancing profitability and market positioning. Overall, the results reflect a solid performance amidst challenging market conditions. The reported financial metrics indicate a moderately noticeable influence on the company's performance and market sentiment.
4 Nov
White Mountains Insurance Group, Ltd. (WTM) experienced a decline in Q3, primarily due to a decrease in investment income and underwriting performance. The company reported a net loss for the quarter, attributed to lower premiums and increased claims. Additionally, challenges in the reinsurance market and rising costs have further impacted profitability. Despite these setbacks, management remains optimistic about long-term growth and strategic initiatives aimed at improving operational efficiency. The decline in investment income and underwriting performance is expected to moderately influence financial performance and market sentiment.
9 Oct
White Mountains Insurance Group, Ltd. (WTM) has experienced notable share price momentum recently, prompting an examination of its valuation. Analysts are assessing the implications of this price movement on the company's financial health and market positioning. Factors influencing this momentum include market trends and investor sentiment, which could impact future performance. The analysis aims to provide insights into whether the current valuation reflects the company's underlying fundamentals or if adjustments are necessary. Recent share price momentum may moderately influence investor sentiment and financial performance.
6 Oct
White Mountains Insurance Group, Ltd. has entered into a $1.75 billion agreement to divest its subsidiary, Bamboo. This strategic move is part of the company's ongoing efforts to streamline operations and focus on core business areas. The transaction is expected to enhance White Mountains' financial position and provide additional capital for future investments. The divestiture of Bamboo represents a significant strategic shift that could enhance financial flexibility and alter the company's market positioning.
3 Oct
White Mountains Insurance Group, Ltd. (WTM) has sold its California unit for a high price, which analysts believe positions the company favorably in the market. This sale is seen as a strategic move that could enhance WTM's financial standing and operational focus, drawing comparisons to Berkshire Hathaway's investment strategies. The transaction is expected to provide WTM with additional capital and improve its overall valuation, making it an attractive option for investors. The sale of the California unit at a high price is a significant strategic move that could enhance the company's financial position and investor sentiment.
White Mountains Insurance Group, Ltd. has sold a majority stake in Bamboo for $1.75 billion. This strategic move is part of the company's ongoing efforts to optimize its portfolio and focus on core operations. The transaction is expected to enhance White Mountains' financial position and provide additional capital for future investments. The sale of a majority stake in Bamboo represents a significant strategic shift that could enhance financial flexibility and influence future growth opportunities.
White Mountains Insurance Group, Ltd. has announced the sale of its subsidiary, Bamboo, to CVC Capital Partners. This strategic move is part of White Mountains' ongoing efforts to streamline operations and focus on core business areas. The transaction is expected to enhance the company's financial position and allow for reinvestment in other growth opportunities. The sale of Bamboo represents a significant strategic shift that could enhance White Mountains' financial flexibility and focus on core operations.
30 Sep
Bamboo Pioneers has partnered with Accredited to launch an Excess and Surplus (E&S) insurance signature in Texas, expanding their Managing General Agent (MGA) operations. This initiative aims to enhance Bamboo's market presence and provide innovative insurance solutions in the state, leveraging Accredited's expertise in the E&S sector. The expansion into the Texas E&S market may moderately influence White Mountains Insurance Group's competitive positioning and financial performance.
8 Sep
White Mountains Insurance Group, Ltd. is undergoing a leadership transition, which may indicate a strategic shift for the company. The new leadership could bring changes in direction and focus, potentially impacting investor sentiment and operational strategies. Stakeholders are closely monitoring these developments to assess their implications for the company's future performance. The leadership transition is likely to lead to significant strategic changes that could alter the company's trajectory and investor sentiment.
2 Sep
LiAM Caffrey is set to become the CEO of White Mountains Insurance Group, Ltd. in 2026, succeeding the current CEO. This leadership transition is part of the company's strategic planning for future growth and development. Leadership changes can moderately influence company direction and market perception.