Friday 6 November 2026 Export WTM’s income statement to Excel — free account

White Mountains Insurance Group, Ltd.

WTM Financial Insurance Property & Casualty

White Mountains Insurance Group, Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $3.7 billion, up 66.8% from fiscal 2024.

Revenue: −25.8%
EPS: −140.1%
Free cash flow: −0.75%
Total debt: +21.3%

Quarter to September 2026, against a year earlier

2,258.00 36.16 −1.58%

Follow WTM

Alert me

Market cap: $5.5B
P/E: 6.0×
Fwd P/E: 5.1×
Dividend yield: 0.04%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview

	Sep '26 From the 10-Q filed 5 Nov	Jun '26	Mar '26	Dec '25	Older periods
P/E ratio Full definition →	5.32	4.72	5.40	4.81	+8 more quarters Free account
P/S ratio Full definition →	1.31	1.30	1.46	1.41
P/FCF ratio Full definition →	12.29	12.89	8.67	9.58
P/Operating CF Full definition →	13.25	(89.96)	176.26	97.71
P/B ratio Full definition →	0.78	0.82	0.89	0.86
Price to Tangible BV Full definition →	0.96	1.01	1.07	1.03
EV/Sales Full definition →	—	1.51	1.65	1.58
EV/EBITDA Full definition →	—	3.61	4.01	3.68
EV/Operating CF Full definition →	—	14.93	9.78	10.75
EV/FCF Full definition →	—	14.97	9.80	10.77
Quick Ratio Full definition →	—	0.56	0.51	0.46
Current Ratio Full definition →	—	0.56	0.51	0.46
Net Debt/EBITDA Full definition →	0.00	2.78	55.03	0.59
Debt/Assets Full definition →	6.95%	6.77%	6.34%	6.80%
Debt/Equity Full definition →	0.15	0.15	0.14	0.14
Asset Turnover Full definition →	0.28	0.30	0.30	0.34
Operating CF/Net income Full definition →	(9.14)	(0.28)	(1.12)	0.06
Capex/Depreciation Full definition →	0.00	0.00	0.00	0.00
Interest Coverage Full definition →	—	14.30	0.20	48.53
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	0.00%	18.03%	27.98%	13.08%
Intangible Assets out of Total Assets Full definition →	0.00	0.09	0.08	0.08
Share Based Compensation of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Graham Net Nets Full definition →	(0.87)	(0.90)	(0.83)	(0.80)
Graham Number Full definition →	4,688.46	5,012.87	4,753.59	4,848.23
Earnings Yield Full definition →	18.81%	21.19%	18.51%	20.81%
Free Cash Flow Yield Full definition →	8.14%	7.76%	11.54%	10.43%
Revenue per Share Full definition →	272.22	350.75	211.61	632.84
Operating CF per Share Full definition →	151.42	(23.05)	12.46	21.27
Capex per Share Full definition →	0.00	0.00	0.00	0.00
Free Cash Flow per Share Full definition →	151.42	(23.05)	12.46	21.27
Cash per Share Full definition →	0.00	52.95	55.54	72.96
Shareholders Equity per Share Full definition →	2,587.92	2,541.74	2,470.17	2,416.29
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00
Book value per Share Full definition →	2,587.92	2,541.74	2,470.17	2,416.29
Free Cash Flow Full definition →	356.60	(55.50)	30.50	53.90
Working Capital Full definition →	—	(2,475.90)	(2,611.70)	(2,336.60)
Net Current Asset Value Full definition →	(7,267.80)	(4,493.10)	(4,448.10)	(4,216.90)
EV/EBIT Full definition →	—	3.71	4.09	3.75
Capex to Sales Full definition →	0.00	0.00	0.00	0.00
Price to Operating Income Full definition →	3.18	3.36	3.82	3.50
Other line items
Average Receivables Full definition →	—	2,791.75	2,411.65	1,571.55
Average Payables Full definition →	—	5,347.85	4,930.55	3,885.65
Average Assets Full definition →	12,854.10	12,794.80	12,086.90	11,116.05
Average Common Equity Full definition →	5,839.75	5,730.35	5,592.10	5,627.30

Show all line items

Columns are period end dates · fundamentals updated 5 Nov 2026

Stockrow Weekly