White Mountains Insurance Group LTD revenue
White Mountains Insurance Group LTD's revenue was $3.73bn in fiscal 2025, up 66.8% on the year before. Since fiscal 2009 ($3.44bn) it has grown at a compound 0.5% a year. Over the last twelve months it was $3.83bn.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,443 | 2,334 | 2,173 | 2,436 | 1,362 | 1,411 | 440 | 158 | 374 | 369 | 893 | 896 | 614 | 1,158 | 2,167 | 2,240 | 3,735 | 3,830 |
| Growth on the year before | — | −32.2% | −6.9% | +12.1% | −44.1% | +3.6% | −68.8% | −64.2% | +137.0% | −1.3% | +142.0% | +0.2% | −31.4% | +88.5% | +87.1% | +3.4% | +66.8% | — |
| Gross profit | — | — | — | — | — | — | — | 56 | 234 | 120 | 845 | 884 | 545 | 1,059 | 2,126 | 2,210 | 3,583 | 3,606 |
| Gross margin | — | — | — | — | — | — | — | 35.3% | 62.7% | 32.6% | 94.6% | 98.7% | 88.7% | 91.5% | 98.1% | 98.7% | 95.9% | 94.1% |
Where the revenue comes from
| Line of business | Revenue | YoY |
|---|---|---|
| Ark Insurance Holdings Limited WM Outrigger Re | $1.9B | ▲ 11.0% |
| Bamboo Insurance Services LLC | $246M | ▲ 37.0% |
| Kudu Investment Management LLC | $183M | ▲ 54.4% |
| HG Global BAM | $73.6M | — |
| Distinguished Partners | $57.7M | — |
These categories overlap or exclude eliminations, so shares aren't shown.
From White Mountains Insurance Group LTD's 10-K filed February 27, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| White Mountains Insurance Group LTD | $3.83bn | 55.4% | 30.3% |
| Stewart Information Services Corp | $3.27bn | 22.5% | 10.1% |
| Kemper Corp | $4.57bn | -4.5% | -4.8% |
| Selective Insurance Group Inc | $5.44bn | 4.0% | 10.1% |
| Pelagos Insurance Capital Ltd | $2.50bn | 3.3% | — |
| Mercury General Corp | $6.34bn | 10.0% | 14.3% |
Compare with peers
- Stewart Information Services Corp revenue
- Kemper Corp revenue
- Selective Insurance Group Inc revenue
- Pelagos Insurance Capital Ltd revenue
- Mercury General Corp revenue
Head to head: STC vs WTMKMPR vs WTMSIGI vs WTM
More: Property & Casualty Insurance stocks compared, Financials sector, rankings of US companies