White Mountains Insurance Group Ltd (WTM) stock
WTMNYSEFire, Marine & Casualty InsuranceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 15/3030% below fair value
$2254.95+8.43 (+0.38%)
Close on Nov 13, 2026Market cap $5.38BP/E 6.0Yield 0.04%
White Mountains Insurance profit margin
Profit margin (net margin) is net income as a percentage of revenue.
White Mountains Insurance's profit margin for the twelve months ending Sep 30, 2026 was 26.9%. For fiscal 2025 it was 29.6%, against 10.3% the year before. The highest annual figure on record is 68.5% in fiscal 2022.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 29.6% | +19.3 |
| FY2024 | Dec 31, 2024 | 10.3% | −13.2 |
| FY2023 | Dec 31, 2023 | 23.5% | −45.0 |
| FY2022 | Dec 31, 2022 | 68.5% | +113.3 |
| FY2021 | Dec 31, 2021 | -44.8% | −48.5 |
| FY2010 | Dec 31, 2010 | 3.7% | −9.9 |
| FY2009 | Dec 31, 2009 | 13.6% | +32.5 |
| FY2008 | Dec 31, 2008 | -18.9% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | -6.1% | −19.3 |
| Q2 FY2026 | Jun 30, 2026 | 23.6% | +5.8 |
| Q1 FY2026 | Mar 31, 2026 | -5.3% | −11.1 |
| Q4 FY2025 | Dec 31, 2025 | 52.1% | +88.5 |
| Q3 FY2025 | Sep 30, 2025 | 13.2% | −8.2 |
| Q2 FY2025 | Jun 30, 2025 | 17.8% | +31.6 |
| Q1 FY2025 | Mar 31, 2025 | 5.9% | −30.7 |
| Q4 FY2024 | Dec 31, 2024 | -36.4% | −75.3 |
| Q3 FY2024 | Sep 30, 2024 | 21.3% | +16.8 |
| Q2 FY2024 | Jun 30, 2024 | -13.8% | −19.0 |
| Q1 FY2024 | Mar 31, 2024 | 36.5% | +2.8 |
| Q4 FY2023 | Dec 31, 2023 | 38.9% | +29.7 |
| Q3 FY2023 | Sep 30, 2023 | 4.5% | −227.2 |
| Q2 FY2023 | Jun 30, 2023 | 5.2% | +225.8 |
| Q1 FY2023 | Mar 31, 2023 | 33.7% | +20.9 |
| Q4 FY2022 | Dec 31, 2022 | 9.2% | −3.3 |
| Q3 FY2022 | Sep 30, 2022 | 231.8% | +191.3 |
| Q2 FY2022 | Jun 30, 2022 | -220.6% | −178.3 |
| Q1 FY2022 | Mar 31, 2022 | 12.8% | −37.9 |
| Q4 FY2021 | Dec 31, 2021 | 12.6% | −31.9 |
| Q2 FY2021 | Jun 30, 2021 | 40.4% | +9.1 |
| Q1 FY2021 | Mar 31, 2021 | -42.3% | −58.1 |
| Q3 FY2020 | Sep 30, 2020 | 50.7% | – |
| Q2 FY2020 | Jun 30, 2020 | 44.5% | – |
| Q3 FY2019 | Sep 30, 2019 | 31.3% | – |
| Q2 FY2019 | Jun 30, 2019 | 15.9% | – |
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