WHITE MOUNTAINS INSURANCE GROUP LTD — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that WHITE MOUNTAINS INSURANCE GROUP LTD filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.74B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $2.24B | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $2.17B | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $1.16B | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $614.40M | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | $520.80M | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | $459.50M | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | $259.60M | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | ($59.20M) | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | $175.30M | Feb 26, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.11B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $230.40M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $509.20M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $792.80M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | ($275.40M) | Feb 26, 2024 |
| FY2010 | Dec 31, 2010 | $86.50M | Feb 28, 2011 |
| FY2010 | Dec 31, 2009 | $470.00M | Feb 28, 2011 |
| FY2010 | Dec 31, 2008 | ($555.30M) | Feb 28, 2011 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $550.50M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $586.80M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $404.10M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $365.00M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $38.60M | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | ($60.60M) | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | ($120.50M) | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | ($31.10M) | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $94.60M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | ($155.10M) | Feb 27, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $12.31B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $9.93B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $8.39B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $7.39B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $7.00B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $4.83B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $3.98B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $3.36B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $3.66B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $6.52B | Feb 28, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.05B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $4.79B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $3.82B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $3.45B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $3.30B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $1.01B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $838.50M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $644.40M | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $298.40M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $2.80B | Feb 28, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.43B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $4.48B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $4.24B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $3.75B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $3.55B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $3.91B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $3.26B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $2.84B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $3.49B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $3.58B | Feb 28, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $614.10M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $439.20M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $168.80M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $176.50M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $142.30M | Feb 26, 2024 |
| FY2021 | Dec 31, 2020 | $525.50M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $394.70M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $379.90M | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $25.90M | Feb 27, 2019 |
| FY2018 | Dec 31, 2016 | $25.90M | Feb 27, 2019 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.85B | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $3.92B | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $3.69B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $3.21B | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $2.96B | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $3.31B | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $2.67B | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $2.26B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $2.82B | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $2.78B | Feb 28, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2019 | Dec 31, 2019 | $161.00M | Mar 2, 2020 |
| FY2019 | Dec 31, 2018 | $110.30M | Mar 2, 2020 |
| FY2019 | Dec 31, 2017 | $97.10M | Mar 2, 2020 |
| FY2019 | Dec 31, 2016 | $80.20M | Mar 2, 2020 |
| FY2018 | Dec 31, 2015 | $77.80M | Feb 27, 2019 |
| FY2017 | Dec 31, 2014 | $145.70M | Feb 28, 2018 |
| FY2016 | Dec 31, 2013 | $233.50M | Feb 27, 2017 |
| FY2015 | Dec 31, 2012 | $118.90M | Feb 29, 2016 |
| FY2014 | Dec 31, 2011 | $251.90M | Feb 27, 2015 |
| FY2013 | Dec 31, 2010 | $103.60M | Feb 28, 2014 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $837.00M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $562.50M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | $564.60M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $575.20M | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | $420.90M | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | $376.40M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | $283.50M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | $192.70M | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $23.80M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | $12.70M | Feb 28, 2018 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 430 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 89 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 198 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 276 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | (89) | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | 157 | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | 75 | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | 37 | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | (40) | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | 19 | Feb 26, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 430 | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 89 | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | 198 | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | 276 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | (89) | Feb 26, 2024 |
| FY2020 | Dec 31, 2020 | 157 | Feb 26, 2021 |
| FY2020 | Sep 30, 2020 | 75 | Feb 26, 2021 |
| FY2020 | Jun 30, 2020 | 37 | Feb 26, 2021 |
| FY2020 | Mar 31, 2020 | (40) | Feb 26, 2021 |
| FY2020 | Dec 31, 2019 | 19 | Feb 26, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2.48M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | 2.57M | Feb 27, 2026 |
| FY2024 | Dec 31, 2023 | 2.56M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | 2.57M | Feb 26, 2024 |
| FY2022 | Dec 31, 2021 | 3.02M | Feb 27, 2023 |
| FY2021 | Dec 31, 2020 | 3.10M | Feb 28, 2022 |
| FY2020 | Dec 31, 2019 | 3.19M | Feb 26, 2021 |
| FY2019 | Dec 31, 2018 | 3.17M | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | 3.75M | Feb 27, 2019 |
| FY2017 | Dec 31, 2016 | 4.56M | Feb 28, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.60M | Feb 27, 2026 |
| FY2025 | Dec 31, 2024 | $2.50M | Feb 27, 2026 |
| FY2025 | Dec 31, 2023 | $2.60M | Feb 27, 2026 |
| FY2024 | Dec 31, 2022 | $3.00M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $3.10M | Feb 26, 2024 |
| FY2022 | Dec 31, 2020 | $3.20M | Feb 27, 2023 |
| FY2021 | Dec 31, 2019 | $3.20M | Feb 28, 2022 |
| FY2020 | Dec 31, 2018 | $3.80M | Feb 26, 2021 |
| FY2019 | Dec 31, 2017 | $4.60M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $5.40M | Feb 27, 2019 |