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WTM

WTM

White Mountains Insurance Group, Ltd.

$2124.12
-8.62
 (-0.4%)
Exchange:  NYSE
Market Cap:  5.261B
Shares Outstanding:  66.176M
Delayed data
Calculate WTM Intrinsic Value
5-year outlook →
Overview
Earnings
Financials
Valuation
Chart

About The Company

Sector:  Financial Services
Industry:  Insurance – Diversified
   
CEO:  Liam Caffrey
Full Time Employees:  1648
Address: 
A.S. Cooper Building
Hamilton
NH
HM 11
BM
Website:  https://www.whitemountains.com
White Mountains Insurance Group, Ltd. provides insurance services in the United States, the United Kingdom, Bermuda, and internationally. It operates through Ark/WM Outrigger, HG Global, Kudu, Distinguished, and Other Operations segments. The company offers property insurance and reinsurance; specialty insurance and reinsurance consisting of aviation, contingency, cyber, fine art and specie, mortgage, nuclear, political and credit, space, surety, and terrorism and political violence; marine and energy insurance and reinsurance; casualty insurance and reinsurance, such as medical malpractice, and professional and general liability; and accident and health insurance and reinsurance, which includes personal accident, sickness, disability, travel, short-term life, and medical products through brokers, managing general agents (MGA), and reinsurance intermediaries. It also provides municipal bond guarantee reinsurance, which focuses on single risk limits for small-to-medium sized, and public investment grade municipal bonds that are issued to finance public purpose projects, including schools, utilities, and transportation facilities. In addition, the company offers capital solutions for boutique asset and wealth managers for generational ownership transfers, management buyouts, acquisition and growth finance, and legacy partner liquidity; strategic advice; investment management; and specialty electrical contracting services. Further, it operates as a full-service MGA and program administrator for specialty property and casualty insurance for the real estate and hospitality end markets, and start-up programs; and an MGA for leisure travel and global expatriate medical insurance in Israel, the European Union, and Australia. The company was formerly known as Fund American Enterprises Holdings, Inc. and changed its name to White Mountains Insurance Group, Ltd. in 1999. White Mountains Insurance Group, Ltd. was incorporated in 1980 and is headquartered in Hamilton, Bermuda.

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Revenue Segmentation

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EPS

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Earnings Call

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Income Statement
Balance Sheet
Cash Flow Statement
Analyst Estimates

Income Statement

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(* All numbers are in thousands)

Balance Sheet

Year202320242025
Total Assets8,385,9009,925,60011,470,400
Total Liabilities3,824,3004,794,6005,215,300
Total Stockholders Equity4,240,5004,483,7005,425,400
Total Debt564,600562,500837,000
Cash and Cash Equivalents122,400252,300184,900

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(* All numbers are in thousands)

Cash Flow Statement

Year202320242025
Operating Cash Flow404,100586,8000
Capital Expenditure000
Free Cash Flow404,100586,8000
Net Income509,200230,4001,106,400
Net Change in Cash-132,600144,000-266,399.999

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(* All numbers are in thousands)

Analyst Estimates

Fiscal Year2028Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Low)9,102,264.216Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (High)9,102,264.216Research AccessResearch AccessResearch AccessResearch Access
Estimated Revenue (Avg)9,102,264.216Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Low)896,943.123Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (High)896,943.123Research AccessResearch AccessResearch AccessResearch Access
Estimated Ebitda (Avg)896,943.123Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Low)344,812.680Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (High)344,812.680Research AccessResearch AccessResearch AccessResearch Access
Estimated Net Income (Avg)344,812.680Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Low)2,649,710.540Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (High)2,649,710.540Research AccessResearch AccessResearch AccessResearch Access
Estimated SGA Expense (Avg)2,649,710.540Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Avg)135Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (High)135Research AccessResearch AccessResearch AccessResearch Access
Estimated EPS (Low)135Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated Revenue)1Research AccessResearch AccessResearch AccessResearch Access
Number of Analysts (Estimated EPS)1Research AccessResearch AccessResearch AccessResearch Access

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(* All numbers are in thousands)

Current Key Metrics

?Revenue
 (TTM)
: 
2.24B  ?P/S
 (TTM)
: 
1.87
?Net Income
 (TTM)
: 
227.4M  ?P/E
 (TTM)
: 
4.8
?Enterprise Value
 (TTM)
: 
6.062B  ?EV/FCF
 (TTM)
: 
14.26
?Dividend Yield
 (TTM)
: 
0.05%  ?Payout Ratio
 (TTM)
: 
0.43%
?ROE
 (TTM)
: 
21.34%  ?ROIC
 (TTM)
: 
8.57%
?Net Debt
 (TTM)
: 
324.3M  ?Debt/Equity
 (TTM)
: 
0.17
?P/B
 (TTM)
: 
0.94  ?Current Ratio
 (TTM)
: 
0

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Forward P/E Ratios

?

Forward P/E (Avg EPS estimate) — log in with Research Access for high/low estimates and the interactive table.

Forward P/E 1YResearch AccessResearch AccessResearch AccessResearch Access
15.85Research AccessResearch AccessResearch AccessResearch Access

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SWOT Analysis

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At what price to buy it? -
Intrinsic Value Calculator

Based on current fundamentals and analyst forecasts, MARKETSnap estimates WTM intrinsic value between $1,439.94 – $3,409.15 per share. This depends on revenue growth, margins, and discount rate.

This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.

[intrinsic_calculator]

Common questions about WTM valuation

Is WTM (WTM) overvalued or undervalued right now?

MARKETSnap estimates intrinsic value for WTM (WTM) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.

Is WTM a buy, hold, or sell for long-term investors?

MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether WTM trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.

What is WTM’s P/E ratio?

You can see WTM’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.

How is intrinsic value calculated for WTM?

MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.

Is WTM a good long-term investment?

Whether WTM fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.

WTM

1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.

Daily snapshot

-0.4
MARKETSnap

Trading Metrics:

Open: —   Previous Close: 2132.74
Day Low: 2105.61   Day High: 2145
Year Low: 1648   Year High: 2333
Price Avg 50:    Price Avg 200: 
Volume:    Average Volume: 

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See in Nexus

Relevant news

White Mountains (WTM) is an Incredible Growth Stock: 3 Reasons Why
05-08-2026 13:46
White Mountains (WTM) is an Incredible Growth Stock: 3 Reasons Why
White Mountains Insurance Group, Ltd. $WTM Position Trimmed by Bradley Foster & Sargent Inc. CT
27-07-2026 04:01
White Mountains Insurance Group, Ltd. $WTM Position Trimmed by Bradley Foster & Sargent Inc. CT
Australian Financial Planning Group Secures Minority Investment from Kudu Investment Management to Fund Growth Initiatives
24-06-2026 17:32
Australian Financial Planning Group Secures Minority Investment from Kudu Investment Management to Fund Growth Initiatives
White Mountains Insurance Group, Ltd. (WTM) Analyst/Investor Day Transcript
05-06-2026 21:22
White Mountains Insurance Group, Ltd. (WTM) Analyst/Investor Day Transcript
Allspring Global Investments Holdings LLC Decreases Position in White Mountains Insurance Group, Ltd. $WTM
03-04-2026 03:09
Allspring Global Investments Holdings LLC Decreases Position in White Mountains Insurance Group, Ltd. $WTM
WHITE MOUNTAINS PARTNERS ANNOUNCES ACQUISITION OF BASESIX
01-04-2026 16:15
WHITE MOUNTAINS PARTNERS ANNOUNCES ACQUISITION OF BASESIX

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