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WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)

For the quarter ending 2025-06-30, WTM made $689,200K in revenue. $122,900K in net income. Net profit margin of 17.83%.

Overview

Revenue
$689,200K
Net Income
$122,900K
Net Profit Margin
17.83%
EPS
$47.75
Unit: Thousand (K) dollars
Revenue Breakdown
    • Direct
    • Assumed
    • Commission and fees revenues-Ope...
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2025-03-31
2024-09-30
2024-06-30
Total revenues689,200 577,800 839,100 395,400
Broker commission expenses- 46,500 15,900 12,700
Loss and loss adjustment expenses- 261,800 296,900 183,900
Interest expense- 17,800 16,700 14,800
General and administrative expenses- 35,900 121,900 122,500
Acquisition expenses- 97,100 106,400 75,900
Cost of sales- 7,500 7,600 7,000
Change in fair value of contingent consideration- 38,800 34,200 13,300
Broker commission expenses-Operating Segments-Bamboo Ide8Insurance Services LLCSegment19,800 - - -
Loss and loss adjustment expenses-Operating Segments-Bamboo Ide8Insurance Services LLCSegment1,700 - - -
Loss and loss adjustment expenses-Operating Segments-Ark Insurance Holdings Limited WMOutrigger Re Segment164,000 - - -
Loss and loss adjustment expenses-Corporate Non Segment800 - - -
Interest expense-Operating Segments-Kudu Investment Management LLCSegment6,100 - - -
Interest expense-Operating Segments-HGGlobal BAMSegment4,500 - - -
Interest expense-Operating Segments-Bamboo Ide8Insurance Services LLCSegment2,900 - - -
Interest expense-Operating Segments-Ark Insurance Holdings Limited WMOutrigger Re Segment4,300 - - -
General and administrative expenses-Operating Segments-Kudu Investment Management LLCSegment3,600 - - -
General and administrative expenses-Operating Segments-HGGlobal BAMSegment1,000 - - -
General and administrative expenses-Operating Segments-Bamboo Ide8Insurance Services LLCSegment22,600 - - -
General and administrative expenses-Operating Segments-Ark Insurance Holdings Limited WMOutrigger Re Segment56,500 - - -
General and administrative expenses-Corporate Non Segment53,800 - - -
Acquisition expenses-Operating Segments-HGGlobal BAMSegment2,000 - - -
Acquisition expenses-Operating Segments-Bamboo Ide8Insurance Services LLCSegment-600 - - -
Acquisition expenses-Operating Segments-Ark Insurance Holdings Limited WMOutrigger Re Segment97,200 - - -
Acquisition expenses-Corporate Non Segment900 - - -
Cost of sales-Corporate Non Segment42,400 - - -
Change in fair value of contingent consideration-Operating Segments-Ark Insurance Holdings Limited WMOutrigger Re Segment28,400 - - -
Total expenses512,700 505,400 599,600 430,100
Pre-tax income (loss)176,500 72,400 239,500 -34,700
Income tax (expense) benefit12,900 9,600 11,600 6,500
Net income (loss)163,600 62,800 227,900 -41,200
Net (income) loss attributable to noncontrolling interests40,700 28,900 48,900 13,400
Net income (loss) attributable to white mountainss common shareholders122,900 33,900 179,000 -54,600
Basic earnings (loss) per share (in dollars per share)47.75 13.19 69.68 -21.24
Basic earnings (losses) per share denominator (in shares)2,541,400 2,540,900 2,532,700 2,531,800
Diluted earnings (loss) per share (in dollars per share)47.75 13.19 69.68 -21.24
Diluted earnings (losses) per share denominator (in shares)2,541,400 2,540,900 2,532,700 2,531,800
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Assumed$209,000K Direct$260,100K Gross earned premiums$469,100K Net realized andunrealized investment...$31,800K Net realized andunrealized investment...$30,500K Net realized andunrealized investment...$51,100K Net realized andunrealized investment...$3,100K Net realized andunrealized investment...$800K Commission and feesrevenues-Corporate Non Segment$4,200K Commission and feesrevenues-Operating...$59,100K Net investmentincome-Corporate Non Segment$8,600K Net investmentincome-Operating Segments-Ark...$26,300K Net investmentincome-Operating...$6,500K Net investmentincome-Operating Segments-Kudu...$19,300K Otherrevenues-Corporate Non Segment$56,800K Otherrevenues-Operating Segments-Ark...$6,300K Otherrevenues-Operating...$1,800K Otherrevenues-Operating Segments-Kudu...$300K Interest income from bamsurplus...$7,500K Earned insurancepremiums-Corporate Non Segment$2,300K Earned insurancepremiums-Operating Segments-Ark...$364,200K Earned insurancepremiums-Operating...$1,600K Earned insurancepremiums-Operating...$7,100K Ceded-$104,900K Total revenues$689,200K (74.30%↑ Y/Y)Pre-tax income (loss)$176,500K (608.65%↑ Y/Y)Total expenses$512,700K (19.20%↑ Y/Y)Net income (loss)$163,600K (497.09%↑ Y/Y)Income tax (expense)benefit$12,900K (98.46%↑ Y/Y)Change in fair value ofcontingent...$28,400K Cost ofsales-Corporate Non Segment$42,400K Acquisitionexpenses-Corporate Non Segment$900K Acquisitionexpenses-Operating Segments-Ark...$97,200K Acquisitionexpenses-Operating...$2,000K General andadministrative...$53,800K General andadministrative...$56,500K General andadministrative...$22,600K General andadministrative...$1,000K General andadministrative...$3,600K Interestexpense-Operating Segments-Ark...$4,300K Interestexpense-Operating...$2,900K Interestexpense-Operating...$4,500K Interestexpense-Operating Segments-Kudu...$6,100K Loss and lossadjustment...$800K Loss and lossadjustment...$164,000K Loss and lossadjustment...$1,700K Broker commissionexpenses-Operating...$19,800K Net income (loss)attributable to white...$122,900K (325.09%↑ Y/Y)Net (income) lossattributable to...$40,700K (203.73%↑ Y/Y)