WHITE MOUNTAINS INSURANCE GROUP LTD
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $3.7B | $2.2B | $2.2B | $1.2B | $614.4M |
| Interest expense | $78.4M | $60.8M | $62.7M | $40.3M | $20.5M |
| Pretax income | $1.3B | $316.7M | $565.4M | -$149.4M | -$273.6M |
| Income tax expense | $126.9M | $32.6M | -$15.5M | $41.4M | $44.4M |
| Net income | $1.1B | $230.4M | $509.2M | $792.8M | -$275.4M |
| Balance Sheet | |||||
| Total assets | $12.3B | $9.9B | $8.4B | $7.4B | $7.0B |
| Total liabilities | $6.1B | $4.8B | $3.8B | $3.5B | $3.3B |
| Total debt | $852.1M | $575.8M | $578.9M | — | — |
| Stockholders' equity | $5.4B | $4.5B | $4.2B | $3.7B | $3.5B |
| Cash Flow Statement | |||||
| Cash from operations | $550.5M | $586.8M | $404.1M | $365.0M | $38.6M |
| Depreciation and amortization | $9.0M | $6.4M | $17.8M | $4.3M | $21.6M |
| Stock-based compensation | $18.5M | $16.3M | $15.3M | $14.0M | $14.7M |
| Dividends paid | $2.6M | $2.5M | $2.6M | $3.0M | $3.1M |
| Share repurchases | $202.6M | $7.9M | $32.7M | $615.8M | $107.5M |
| Impairments | $9.1M | — | — | — | $30.2M |
Shares outstanding 2.5M · Free float 88.0%
Annual filing data through FY ended December 31, 2025; float as of July 8, 2026.