stockrowWhite 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
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White Mountains Insurance Group, Ltd. (WTM) Return on invested capital
White Mountains Insurance Group, Ltd.'s return on invested capital over the twelve months to 30 June 2026 was 13.4%, down 0.5 percentage points from fiscal 2025 (13.9%). Over the past ten years it has ranged from −4.19% (fiscal 2021) to 13.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Insurance Property & Casualty industry median of 12.0% and above the Financial sector median of 5.07%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 13.9% | 9.56 |
| FY2024 | 4.32% | (3.40) |
| FY2023 | 7.72% | 9.63 |
| FY2022 | −1.91% | 2.28 |
| FY2021 | −4.19% | (16.59) |
| FY2020 | 12.4% | 4.60 |
| FY2019 | 7.80% | 11.68 |
| FY2018 | −3.88% | (4.07) |
| FY2017 | 0.19% | 2.66 |
| FY2016 | −2.47% | (4.27) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| MCY Mercury General Corporation compare | 24.8% |
| KNSL Kinsale Capital Group, Inc. compare | 21.1% |
| RLI RLI Corp. compare | 16.5% |
| THG The Hanover Insurance Group, Inc. compare | 15.9% |
| PLMR Palomar Holdings, Inc. compare | 13.5% |
| WTM White Mountains Insurance Group, Ltd. | 13.4% |
| ORI Old Republic International Corporation compare | 12.5% |
| SIGI Selective Insurance Group, Inc. compare | 10.1% |
| HGTY Hagerty, Inc. compare | 0.00% |
| Insurance Property & Casualty industry median | 12.0% |
| Financial sector median | 5.07% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on WTM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement