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    White Mountains Insurance Group Ltd (WTM)

    Official site

    FINANCIAL SERVICES • INSURANCE - PROPERTY & CASUALTY • NYSE

    $2145.49
    +47.48 (+2.26%)

    Market Cap: $5.01B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    58%(21/36)
    Avg Surprise
    -893.68%
    Streak
    3 Q
    PeriodReportedEst.SurpriseB/MYoY
    Jun 26
    Reported Aug 6
    		$-3.84N/AN/ABeat-104.6%
    Mar 26
    Reported May 6
    		$-12.59N/AN/ABeat-195.2%
    Dec 25
    Reported Feb 6
    		$327.23$0.00N/ABeat+752.5%
    Sep 25
    Reported Nov 6
    		$44.17$33.00+33.86%Beat-36.6%
    Jun 25
    Reported Aug 7
    		$83.75$18.50+352.70%Beat+494.3%
    Mar 25
    Reported May 7
    		$13.22$2.00+561.18%Beat-85.7%
    Dec 24
    Reported Feb 7
    		$-50.15$12.00-517.94%Miss-144.8%
    Sep 24
    Reported Nov 6
    		$69.68$99.00-29.62%Miss+658.2%
    Jun 24
    Reported Aug 7
    		$-21.24$-26.00+18.31%Beat-377.6%
    Mar 24
    Reported May 9
    		$92.33$105.00-12.07%Miss+32.2%
    Dec 23
    Reported Feb 7
    		$111.87$113.13-1.11%Miss+613.0%
    Sep 23
    Reported Nov 6
    		$9.19$-12.00+176.58%Beat-97.0%
    Jun 23
    Reported Aug 7
    		$7.65$5.00+53.00%Beat+113.5%
    Mar 23
    Reported May 9
    		$69.83$76.00-8.12%Miss+529.1%
    Dec 22
    Reported Feb 7
    		$15.69N/A-60.77%Miss+44.3%
    Sep 22
    Reported Nov 7
    		$306.93$270.00+13.68%Beat+355.4%
    Jun 22
    Reported Aug 8
    		$-56.80$-55.00-3.27%Miss-227.5%
    Mar 22
    Reported May 6
    		$11.10$-3.50+417.14%Beat+145.7%
    Dec 21
    Reported Feb 8
    		$10.87$0.95+1044.21%Beat-93.1%
    Sep 21
    Reported Nov 8
    		$-120.18$-140.00+14.16%Beat-260.0%
    Jun 21
    Reported Aug 6
    		$44.56$40.00+11.40%Beat+20.0%
    Mar 21
    Reported May 10
    		$-24.30$-28.00+13.21%Beat+40.1%
    Dec 20
    Reported Feb 5
    		$157.70$113.04+39.51%Beat+724.8%
    Sep 20
    Reported Nov 6
    		$75.09$11.20+570.45%Beat+391.1%
    Jun 20
    Reported Aug 7
    		$37.14$26.50+40.15%Beat+476.7%
    Mar 20
    Reported May 8
    		$-40.54$-29.00-39.79%Miss-145.2%
    Dec 19
    Reported Feb 5
    		$19.12$6.88+177.91%Beat+739.5%
    Sep 19
    Reported Nov 6
    		$15.29$-0.50+3158.00%Beat+706.7%
    Jun 19
    Reported Aug 6
    		$6.44$2.00+222.00%Beat+415.7%
    Mar 19
    Reported May 6
    		$89.64$9.00+896.00%Beat+14795.1%
    Dec 18
    Reported Feb 6
    		$-2.99$1.16-357.76%Miss+26.2%
    Sep 18
    Reported Nov 5
    		$-2.52$2.37-206.33%Miss-12.5%
    Jun 18
    Reported Aug 7
    		$-2.04$0.13-1669.23%Miss+49.4%
    Mar 18
    Reported May 2
    		$-0.61$-1.07+42.99%Beat+82.6%
    Dec 17
    Reported Feb 7
    		$-4.05$0.34-1291.18%Miss+30.3%
    Sep 17
    Reported Nov 8
    		$-2.24$-3.41+34.31%Beat-
    Jun 17
    Reported Aug 4
    		$-4.03$1.12-459.82%Miss-
    Mar 17
    Reported May 2
    		$-3.50$-0.01-34900.00%Miss-
    Dec 16
    Reported Feb 7
    		$-5.81$1.43-506.29%Miss-

    Dividends

    Dividend Metrics

    Forward Yield0.05%
    Forward Annual Dividend$1.00
    Payout Ratio0.20%
    FrequencyAnnual
    Pay MonthsMar

    Growth

    3Y CAGR+0.00%
    5Y CAGR+0.00%
    WTM dividend history and ex-dividend datesRun WTM in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio6.04EV/EBITDA4.32x
    Price/FCFN/AFCF YieldN/A
    Profitability
    Profit Margin37.70%Operating Margin36.40%
    ROE20.40%ROIC19.23%
    Financial Health
    Debt/Equity0.17xInterest Coverage16.64x
    Current Ratio281.52xQuick Ratio281.52x
    Trading Statistics
    Beta0.28Avg Volume19.40K
    52-Week High$2333.0052-Week Low$1829.30

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$2065.29
    SMA 20$2048.53
    SMA 50$2082.89
    SMA 200$2128.06
    EMA 10$2078.55
    EMA 20$2065.93
    EMA 50$2077.90
    EMA 200$2078.98

    MACD

    Line: 7.19Signal: -7.45Hist: 14.63

    ADX

    ADX: 15.6+DI: 25.0-DI: 12.8

    Aroon & PSAR

    Aroon Up100.0
    Aroon Down56.0
    PSAR$2031.62

    Bollinger Bands

    Upper Band$2119.29
    Lower Band$1977.78
    %B Position691%(Upper)
    Band Width1.19

    RSI (14-Day)

    Overbought
    72.1

    Momentum Oscillators

    Stoch %K93.5
    Stoch %D91.2
    Williams %R-3.6
    ROC (10d)6.6%
    Momentum132.45
    CCI (20d)232.6
    MFI (14d)88.5

    Volatility Measures

    ATR (14d)$35.52(1.7%)
    StdDev (20d)35.38
    Hist Vol12.3%(Low)

    Volume Flow

    VWAP$2132.90
    OBV28.2K
    AD Line-344.4K
    CMF (20d)0.064

    Volume Metrics

    Avg Vol (20d)18.5K
    Vol Ratio1.6x(High)
    VWMA (20d)$2055.39

    Pivot Points

    R3$2150.69
    R2$2128.65
    R1$2113.33
    Pivot Point$2091.29
    S1$2075.97
    S2$2053.93
    S3$2038.61

    Advanced Oscillators

    TSI7.89
    Ultimate Osc63.8
    KST-11.29

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$849.70M$517.80M$1.60B$864.20M$696.40M$577.80M$342.20M$854.90M$395.40M$647.30M$173.60M$1.10B
    Cost of Revenue$255.80M$249.70M$242.00M$313.80M$208.90M$269.30M$229.30M$304.50M$190.90M$193.40M$300.40M$273.80M
    Gross Profit$593.90M$268.10M$1.36B$550.40M$487.50M$308.50M$112.90M$550.40M$204.50M$453.90M$-126,800,000$823.70M
    Operating Expenses$313.40M$274.30M$485.50M$324.70M$286.90M$218.30M$244.60M$278.40M$224.40M$196.80M$238.60M$209.00M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$152.30M$144.90M$196.30M$176.80M$139.20M$96.00M$120.50M$121.90M$122.50M$125.20M$134.40M$99.60M
    Operating Income$280.50M$-6,200,000$876.30M$225.70M$200.60M$90.20M$-131,700,000$272.00M$-19,900,000$257.10M$-365,400,000$614.70M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$-58,300,000
    Interest Expense$19.80M$19.30M$22.10M$19.90M$18.60M$17.80M$14.10M$16.70M$14.80M$15.20M$0$15.70M
    Income Before Tax$256.00M$-25,500,000$901.00M$178.80M$176.50M$72.40M$-120,700,000$239.50M$-34,700,000$232.60M$168.30M$21.10M
    Income Tax Expense$24.80M$800,000$87.30M$17.10M$12.90M$9.60M$3.70M$11.60M$6.50M$10.80M$-34,900,000$7.30M
    Net Income$231.20M$-26,300,000$813.70M$161.70M$163.60M$62.80M$-124,400,000$227.90M$-41,200,000$221.80M$362.70M$13.80M
    EBITDA$289.70M$-1,400,000$882.70M$201.00M$199.80M$91.30M$-130,600,000$269.30M$-22,600,000$245.70M$125.60M$110.90M
    EBIT$280.50M$-6,200,000$876.30M$198.70M$200.60M$90.20M$-131,700,000$272.00M$-19,900,000$247.80M$133.10M$116.20M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Dowling cuts FY2026 earnings estimate for White Mountains Insurance Group stock to USD 106.20

    Dowling & PARTN has reduced its FY2026 earnings estimate for White Mountains Insurance Group to USD 106.20 from USD 134.00...

    ad-hoc-news.de•10/15/26•Somewhat-Bearish

    DOWLING & PARTN Issues Pessimistic Estimate for WTM Earnings

    DOWLING & PARTN has lowered its FY2026 earnings estimate for White Mountains Insurance Group (NYSE:WTM) to $106.20 per share, down from $134.00...

    MarketBeat•10/12/26•Bearish

    White Mountains Insurance Group Ltd Actuals & Estimates (NYSE:WTM)

    This article provides a detailed financial overview and analyst estimates for White Mountains Insurance Group, Ltd. (NYSE: WTM). It covers current stock performance, historical price data, market capitalization...

    TradingView•10/11/26•Somewhat-Bullish

    White Mountains Insurance Group, Ltd. $WTM Shares Sold by Reinhart Partners LLC.

    Reinhart Partners LLC. reduced its stake in White Mountains Insurance Group, Ltd. (NYSE:WTM) by 1.2% in the third quarter...

    MarketBeat•10/10/26•Neutral

    White Mountains Insurance Group stock draws a Moderate Buy rating

    White Mountains Insurance Group stock received a "Moderate Buy" rating, influenced by its improved second-quarter operating figures despite limited analyst coverage. The stock closed at USD 2,031.50 on October 7, 2026...

    AD HOC NEWS•10/8/26•Somewhat-Bullish

    WTM Valuation and Fair Value

    P/E
    6.0x
    Forward P/E
    13.9x
    EV/EBITDA
    4.3x
    PEG
    0.8x
    P/B
    1.0x
    See GNG's fair value

    WTM Profitability: Margins, ROIC and FCF

    Gross margin
    72.3%
    Operating margin
    36.4%
    Net margin
    37.7%
    ROIC
    19.2%
    ROE
    20.4%
    FCF margin
    10.1%

    WTM Competitors

    CompanyTicker
    Blue Owl Capital CorporationOBDC
    Hagerty IncHGTY
    Selective Insurance Group, Inc.SIGI
    Main Street Capital CorporationMAIN
    Affiliated Managers Group, Inc.MGR
    CNO Financial Group IncCNO
    Maase Inc.MAAS
    Virtu Financial, Inc.VIRT

    Sector: Financial Services

    WTM Bull Case vs Bear Case

    Bull case

    • WTM earns a 19.2% return on invested capital.
    • WTM has a 37.7% net profit margin.
    • WTM grew quarterly revenue 22.5% year over year.

    WTM Earnings: Beat Rate and Next Report

    Beat rate
    5 of 8 quarters (62.5%)
    Average surprise
    154.1%

    WTM Dividend

    Forward yield
    0.0%
    Payout ratio
    0.2%
    3Y DPS growth
    0.0%
    5Y DPS growth
    0.0%
    Pay months
    Mar
    WTM dividend history

    Frequently Asked Questions About WTM

    What is WTM's current dividend yield?

    White Mountains Insurance Group Ltd (WTM) has a forward dividend yield of 0.05%.

    Does WTM pay dividends?

    Yes, White Mountains Insurance Group Ltd pays dividends with a forward dividend yield of 0.05%.

    What is WTM's P/E ratio?

    White Mountains Insurance Group Ltd has a price-to-earnings (P/E) ratio of 6.04.

    What is WTM's market cap?

    White Mountains Insurance Group Ltd (WTM) has a market capitalization of $5.01B with a current stock price of $2145.49.

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