White Mountains Insurance Group, Ltd.
NYSE:WTM
1785.3 (USD) • At close July 3, 2025
Overview | Financials
Numbers are in millions (except for per share data and ratios) USD.
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities: | ||||||||||||||||||||||||||||||||||||
| Net Income
| 284.1 | 509.2 | 712.4 | -321.9 | 663.4 | 414.5 | -174.2 | 36.1 | -6.1 | 198.3 | 52.8 | 312.5 | 193.4 | 88.8 | 91.9 | 579.5 | -559.5 | 407.4 | 673.2 | 290.1 | 418.7 | 280.6 | 748.1 | -259.3 | 312.9 | 108.4 | 82.2 | 64.9 | 4.9 | 84.1 | -23.2 | 70.4 | 54.2 | 120 | 129 | 73 |
| Depreciation & Amortization
| -6.4 | -17.8 | 4.3 | 21.6 | 43.4 | 29.8 | 25.7 | 22.4 | 20.4 | -0.4 | 12.9 | 28.6 | 50.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -91.6 | -41.4 | -11.8 | 63.1 | 67.1 | 85.4 | 86.4 | 99.2 | 142.3 | 0 | 91 | 76 | 95 |
| Deferred Income Tax
| 0 | 0 | 12.9 | 34.7 | -30.5 | 24.8 | -8.4 | -11.4 | -12.5 | 0 | -22.5 | 10.1 | -16.8 | -71 | 56.5 | 172.3 | -466.9 | 65.1 | 33.2 | 0 | -59 | 105 | 0 | -186 | -12.6 | 55.6 | 12 | 19.8 | 11.8 | -9.5 | -1.4 | 37.2 | 14.4 | 39 | -49 | -95 |
| Stock Based Compensation
| 0 | 15.3 | 14 | 14.7 | 16.6 | 0 | 13 | 0 | 18.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change In Working Capital
| 356.5 | 346.7 | 286.7 | 170.7 | 68.1 | 57.7 | 4.5 | 29.5 | -192.2 | 0 | 92.6 | -138.5 | -189.7 | -199.9 | -21.4 | -378.4 | 38.6 | 41.7 | -434 | -324.4 | -413.6 | -418.5 | -618.1 | 267.5 | 430 | -165.5 | 265 | 68.5 | 35.1 | 62 | 35 | -106 | 203 | -832 | 266 | 102 |
| Accounts Receivables
| 0 | 86.3 | 0 | 0 | 0 | 0 | 0 | 0 | 6.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 50.7 | 111.1 | 0 | 390.8 | 687.7 | 383.3 | 445.1 | 399.8 | 22.9 | 26.4 | 55.9 | -29.3 | -4.9 | 24.8 | -26.9 | 101.5 | -426 | 143 | 83 |
| Inventory
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Payables
| 68.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.7 | 46.1 | -28.1 | 0 | -85.9 | 0 | 0 | 0 | -775.7 | -1,200.4 | 0 | -860.7 | -1,252.1 | -952.4 | 0 | 31.6 | -97.9 | 120.5 | 11.1 | 33.7 | 35.9 | -7.3 | -26.1 | 0 | 10 | -10 | -37 |
| Other Working Capital
| 301.3 | 260.4 | 286.7 | 170.7 | 68.1 | 57.7 | 4.5 | 29.5 | -198.3 | 73.8 | 46.5 | -110.4 | -189.7 | -114 | -21.4 | -378.4 | 38.6 | 766.7 | 655.3 | -324.4 | 56.3 | 145.9 | -49 | -177.6 | -1.4 | -90.5 | 118.1 | 1.5 | 30.7 | 31 | 17.5 | -53 | 101.5 | -416 | 133 | 56 |
| Other Non Cash Items
| 0 | -449.3 | -704 | 118.8 | -821.6 | -647.3 | 108.3 | -139 | 41.3 | 44.6 | -17 | -241.4 | -67.3 | 67.6 | -71 | -420.1 | 1,076.9 | -159.9 | -176.9 | -250.7 | -502.8 | -447.5 | -405.7 | -31.3 | -802.9 | -195 | -393.5 | -333.1 | 51.1 | -284.8 | 1,084.3 | -280.6 | -381.9 | 229 | -411 | -223 |
| Operating Cash Flow
| 586.8 | 404.1 | 326.3 | 38.6 | -60.6 | -120.5 | -31.1 | -62.4 | -130.6 | 242.5 | 118.8 | -28.7 | -29.6 | -114.5 | 56 | -46.7 | 89.1 | 354.3 | 95.5 | -285 | -556.7 | -480.4 | -275.7 | -300.7 | -114 | -208.3 | 28.8 | -112.8 | 188.3 | -61.8 | 1,193.9 | -136.7 | -110.3 | -353 | 11 | -48 |
| Investing Activities: | ||||||||||||||||||||||||||||||||||||
| Investments In Property Plant And Equipment
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.3 | 0 | -4 | -11.7 | -2.3 | -5.5 | -7.8 | -11.3 | -9.6 | -26.2 | -19.8 | -38.5 | -13.6 | 0 | 0 | -7.7 | 1 | -1 | -5.4 | -2.9 | -7.3 | 0.4 | -3.6 | -11.2 | 0 | -132 | 0 | 0 |
| Acquisitions Net
| 0 | 87.1 | 1,324.1 | 10.6 | -9.1 | -258 | -295.2 | 1,103.2 | 2,491.2 | 47 | -186.4 | 0 | -16.5 | 1,007.4 | 183.4 | -248.1 | -212.7 | -51.6 | 738.4 | 180.7 | -438.9 | 25 | 0 | -1,956.2 | 510.3 | 25.9 | -167.5 | 0 | -13.2 | -42.2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchases Of Investments
| -1,988.8 | -1,467.9 | -1,713.9 | -1,638.1 | -648.3 | -746.7 | -1,394.4 | -3,330.5 | -4,751 | 0 | -3,043.2 | -4,600.5 | -6,294.4 | -5,564.2 | -4,602.4 | -3,940.6 | -5,232.1 | -8,762.9 | -6,987.1 | -7,074.5 | -7,873.3 | -18,602.6 | -14,311.1 | -8,110.3 | -979.2 | -201.8 | -254.1 | -201.8 | -265.8 | -145.5 | -320.4 | -255.6 | -21.1 | -7 | -408 | -7,129 |
| Sales Maturities Of Investments
| 1,556.8 | 793.2 | 387.2 | 721.9 | 1,417 | 942.7 | 2,159.4 | 2,761.9 | 3,675.1 | 0 | 3,273 | 4,901.5 | 7,056.1 | 5,104.8 | 4,835 | 4,317 | 6,496.2 | 8,435.8 | 6,229.3 | 7,269.9 | 8,792.3 | 19,066.6 | 14,797.4 | 8,971.6 | 582.1 | 530.1 | 355.3 | 289.8 | 558.5 | 463.3 | 774 | 360.4 | 282.1 | 3,717 | 1,227 | 6,564 |
| Other Investing Activites
| -15 | 43.7 | 118.1 | 697.3 | -695 | 2.1 | -10.6 | 180.9 | -134.2 | -67 | -79.6 | 112.5 | 86.7 | 257.1 | 77.1 | 248.1 | 0 | 90.1 | -304.9 | 0 | 0 | 43.4 | -13.3 | 0 | 120.2 | -115.7 | -84.8 | 107.5 | -374 | -71 | -242.8 | -114.8 | -190.3 | 29 | -1,640 | 423 |
| Investing Cash Flow
| -447 | -543.9 | 115.5 | -208.3 | 64.6 | -59.9 | 459.2 | 715.5 | 1,276.8 | -20 | -40.2 | 401.8 | 829.6 | 799.6 | 485.3 | 365.1 | 1,041.8 | -314.8 | -344.1 | 337.6 | 466.5 | 532.4 | 473 | -1,102.6 | 234.4 | 237.5 | -156.5 | 192.6 | -101.8 | 205 | 207.2 | -21.2 | 70.7 | 3,607 | -821 | -142 |
| Financing Activities: | ||||||||||||||||||||||||||||||||||||
| Debt Repayment
| -1.5 | -13.3 | 157.1 | 281.6 | 80.1 | 183.5 | 68.7 | 11 | -52.1 | 90 | 63.1 | -80.7 | 66.1 | -138.5 | -211.3 | -313.4 | -124.3 | 52.4 | 327.4 | 18.4 | -25 | -46.5 | -330.6 | 728.1 | -4 | -51.6 | 48.5 | 0.3 | -36.2 | 2.8 | -1,338.4 | 21.5 | 498.5 | -1,359 | 1,081 | 237 |
| Common Stock Issued
| 0 | 0 | 0 | 0 | 0 | 62.7 | 0 | 0 | 3.7 | 0 | 0 | 0 | 0 | 0.9 | 0.7 | 0.9 | 0.6 | 2.2 | 0.6 | 1.1 | 307.8 | 1.5 | 226.4 | 320 | 0 | 21.7 | 0 | 0 | 0 | 96.5 | 2.8 | 2.1 | 29.4 | -1,023 | 8 | 0 |
| Common Stock Repurchased
| -7.9 | -32.7 | -615.8 | -107.5 | -78.5 | -62.7 | -511.9 | -714.6 | -881.3 | -268.6 | -129.9 | -79.8 | -669.1 | -253 | -236.1 | -0.4 | -836 | -181 | 0 | 0 | 0 | 0 | 0 | -1.9 | -8.8 | -139.4 | -19.5 | -103.8 | -66.3 | -140.5 | -160.8 | 0 | 0 | 11 | -193 | -63 |
| Dividends Paid
| -2.5 | -2.6 | -3 | -3.1 | -3.2 | -3.2 | -3.8 | -4.6 | -5.4 | -6 | -6.2 | -6.2 | -25.4 | -26.8 | -27.6 | -8.4 | -142.4 | -150.2 | -116.5 | -116.5 | -39.4 | -38.6 | -39 | -24.3 | -7.1 | -8.8 | -9.4 | -5.3 | -5.9 | -6.4 | -10.8 | -12.7 | -22.2 | -38 | -68 | -55 |
| Other Financing Activities
| 1.5 | 55.8 | 134.3 | 46.6 | 57.3 | 50.2 | 32.7 | 71.1 | -13.3 | -20.9 | -56.6 | -19.8 | -19.8 | -42.8 | -75.9 | -38.9 | 0 | 244.2 | 0 | 0 | 0 | 0 | 0 | 444.4 | -100 | 13.6 | 123.5 | -1.1 | 10.5 | -72.9 | 14.9 | 136.2 | -458.3 | -839 | -13 | 42 |
| Financing Cash Flow
| -10.4 | 7.2 | -327.4 | 217.6 | 49 | 230.5 | -414.3 | -637.1 | -948.4 | -205.5 | -129.6 | -186.5 | -648.2 | -460.2 | -550.2 | -360.2 | -1,102.1 | -32.4 | 211.5 | -97 | 243.4 | -83.6 | -143.2 | 1,466.3 | -119.9 | -164.5 | 143.1 | -109.9 | -97.9 | -142 | -1,410.3 | 147.1 | 47.4 | -3,248 | 815 | 161 |
| Other Information: | ||||||||||||||||||||||||||||||||||||
| Effect Of Forex Changes On Cash
| 0 | 0 | 0 | 0.2 | -2.8 | 0.6 | -0.6 | 0 | 0 | 0 | 0 | -0.2 | 3.1 | -1.5 | 8.1 | 6.8 | -7.7 | 5.2 | 8.4 | -11 | 0 | 0 | 0 | 0 | 0 | 116.8 | 0 | 0 | 0 | 0 | 0 | 157.9 | 39.6 | 0 | 0 | 0 |
| Net Change In Cash
| 144 | -132.6 | 107.3 | 48.1 | 50.2 | 50.7 | 13.2 | 16.9 | -17.4 | -64.5 | -0.8 | 114.1 | -39.3 | 148.3 | -0.8 | -35 | 21.1 | 12.3 | -28.7 | -55.4 | 153.2 | -31.6 | 54.1 | 63 | 0.5 | -18.5 | 15.4 | 2.2 | 2.1 | 1.2 | -9.2 | 147.1 | 47.4 | -3,248 | 815 | 161 |
| Cash At End Of Period
| 266.4 | 122.4 | 255 | 147.7 | 211.2 | 161 | 110.3 | 97.1 | 80.2 | 72 | 232.7 | 326.7 | 212.6 | 251.9 | 148.1 | 148.9 | 183.9 | 162.8 | 159 | 187.7 | 243.1 | 89.9 | 121.5 | 67.4 | 4.4 | 3.9 | 22.4 | 7 | 4.8 | 2.7 | 1.5 | 168.6 | 61.1 | -3,240 | 818 | 195 |