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
+22.6%
EPS
+68.8%
Free cash flow
−131.3%
Total debt
+34.2%

Quarter to June 2026, against a year earlier

2,376.57 90.04 +3.94%
Market cap
$5.5B
P/E
5.2×
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

White Mountains Insurance Group, Ltd. (WTM) Free cash flow

Alert me on Free cash flow

White Mountains Insurance Group, Ltd.'s free cash flow for fiscal 2025 was $550.5M, down 6.19% from $586.8M in fiscal 2024. Over the twelve months to 30 June 2026 it was $388.2M. Over the past ten years it has ranged from −$155.1M (fiscal 2016) to $586.8M (fiscal 2024); the current reading is higher than 91% of that period. White Mountains Insurance Group, Ltd. ranks 25th of 45 Insurance Property & Casualty companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2025 $550.5M (6.19%)
FY2024 $586.8M 45.21%
FY2023 $404.1M 10.71%
FY2022 $365.0M 845.60%
FY2021 $38.6M —
FY2020 −$60.6M —
FY2019 −$120.5M —
FY2018 −$31.1M —
FY2017 $94.6M —
FY2016 −$155.1M —

Quarterly newest first

Period Free cash flow Change
Jun 2026 −$55.5M —
Mar 2026 $30.5M (43.41%)
Dec 2025 $53.9M (85.00%)
Sep 2025 $359.3M 102.42%
42 more quarters

Against its own ten years

Low −$155.1M High $586.8M
Ten-year median $94.6M
Current reading's percentile 91

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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