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White Mountains Insurance Group LTD income statement

In fiscal 2025, White Mountains Insurance Group LTD reported revenue of $3.73bn, up 66.8% on the year before and net income of $1.11bn, or $430.14 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

White Mountains Insurance Group LTD: income statement, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue3,4432,3342,1732,4361,3621,4114401583743698938966141,1582,1672,2403,7353,830
Cost of revenue———————102139249481169994030152225
Gross profit———————562341208458845451,0592,1262,2103,5833,606
General and administrative197155175182149217201176208234328208292364433490607661
Interest expense71575545161423210187214063617881
Income before tax79718998263159−29129−1478−178405660−274−1495653171,3291,310
Income tax21430−110−1633−1513−33−8−429−154441−1633127130
Net income47087768207322312295402627−141415709−2757935092301,1061,122
Diluted EPS$53.10$10.12$97.44$30.50$51.85$51.13$50.20$80.06$146.06−$41.76$130.27$226.97−$89.46$276.96$198.60$89.79$430.14$452.84
Diluted shares (average)9m8m8m7m6m6m6m5m4m3m3m3m3m3m3m3m3m2m

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from White Mountains Insurance Group LTD's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to White Mountains Insurance Group LTD.