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) Return on equity

Alert me on Return on equity

White Mountains Insurance Group, Ltd.'s return on equity over the twelve months to 30 June 2026 was 19.6%, down 0.1 percentage points from fiscal 2025 (19.7%). Over the past ten years it has ranged from −7.32% (fiscal 2021) to 20.8% (fiscal 2022); the current reading is higher than 82% of that period. That is above the Insurance Property & Casualty industry median of 16.9% and above the Financial sector median of 9.02%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 19.7% 14.91
FY2024 4.75% (7.24)
FY2023 12.0% (8.76)
FY2022 20.8% 28.07
FY2021 −7.32% (27.68)
FY2020 20.4% 6.22
FY2019 14.1% 18.79
FY2018 −4.65% (22.38)
FY2017 17.7% 7.79
FY2016 9.94% 3.31

Against its own ten years

Low −7.32% High 20.8%
Ten-year median 12.0%
Current reading's percentile 82

Return on equity against peers

Company Return on equity
KNSL Kinsale Capital Group, Inc. compare 27.8%
MCY Mercury General Corporation compare 25.5%
PLMR Palomar Holdings, Inc. compare 22.2%
RLI RLI Corp. compare 22.1%
THG The Hanover Insurance Group, Inc. compare 21.8%
WTM White Mountains Insurance Group, Ltd. 19.6%
ORI Old Republic International Corporation compare 17.9%
SIGI Selective Insurance Group, Inc. compare 15.4%
HGTY Hagerty, Inc. compare 1.10%
Insurance Property & Casualty industry median 16.9%
Financial sector median 9.02%
Market median 1.07%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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