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) Price to free cash flow

Alert me on Price to free cash flow

As of 3 November 2026, White Mountains Insurance Group, Ltd. (WTM) trades at a price to free cash flow of 14.2×. Over the past ten years it has ranged from 0.0× (December 2021) to 89.2× (March 2022); the current reading is higher than 66% of that period. That is above the Insurance Property & Casualty industry median of 8.1× and above the Financial sector median of 9.8×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 9.6× 13.99%
FY2024 8.4× (11.19%)
FY2023 9.5× (12.70%)
FY2022 10.8× (86.78%)
FY2021 82.1× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 38.4× —
FY2016 0.0× —

Quarterly newest first

Period Price to free cash flow Change
Jun 2026 12.9× 48.76%
Mar 2026 8.7× (9.56%)
Dec 2025 9.6× 26.24%
Sep 2025 7.6× (21.84%)
42 more quarters

Against its own ten years

Low 0.0× High 89.2×
Ten-year median 9.0×
Current reading's percentile 66

Price to free cash flow against peers

Company Price to free cash flow
MCY Mercury General Corporation compare 4.8×
SIGI Selective Insurance Group, Inc. compare 5.2×
HGTY Hagerty, Inc. compare 6.2×
THG The Hanover Insurance Group, Inc. compare 7.1×
ORI Old Republic International Corporation compare 8.1×
KNSL Kinsale Capital Group, Inc. compare 8.9×
PLMR Palomar Holdings, Inc. compare 9.2×
RLI RLI Corp. compare 11.5×
WTM White Mountains Insurance Group, Ltd. 14.2×
Insurance Property & Casualty industry median 8.1×
Financial sector median 9.8×
Market median 14.2×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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