White Mountains Insurance Group, Ltd.
Statements
Ratios
Valuation ratios (P/E, P/S, EV/EBITDA and the other multiples) are based on the closing price at the end of each period, not on the current price. Margins and returns are shown in percent, multiples without a unit, per-share figures in the reporting currency, net debt in millions.
Tick rows to compare them in a chart (up to 4)
| Line item | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||||||||||||||||||
| 91.0 | 22.4 | 11.7 | 6.1 | 4.6 | – | 1.4 | 17.4 | 16.1 | 20.8 | 9.3 | 13.6 | – | 6.3 | 33.2 | 4.5 | 16.9 | 11.6 | 12.3 | 14.5 | 10.4 | 5.8 | – | 8.5 | 4.4 | – | 5.0 | 7.5 | 21.4 | 4.8 | |
| 2.2 | 3.0 | 2.4 | 1.3 | 2.2 | 0.7 | 0.7 | 1.3 | 1.5 | 1.3 | 1.3 | 1.2 | 0.9 | 0.7 | 0.8 | 1.6 | 1.4 | 2.7 | 2.7 | 9.7 | 26.6 | 9.8 | 7.8 | 3.9 | 3.4 | 5.0 | 3.5 | 1.8 | 2.1 | 2.0 | |
| 1.1 | 1.3 | 1.3 | 1.2 | 1.8 | 1.5 | 1.2 | 1.6 | 1.7 | 1.6 | 1.4 | 1.2 | 0.9 | 0.8 | 0.7 | 0.8 | 0.9 | 0.9 | 0.8 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 0.8 | 0.8 | 1.0 | 0.9 | 1.1 | 1.0 | |
| 3.3 | 4.9 | 2.4 | 1.3 | 2.3 | 0.9 | 0.9 | 1.5 | 1.7 | 1.5 | 1.6 | 1.4 | 1.2 | 0.8 | 0.9 | 1.6 | 1.6 | 3.6 | 3.3 | 11.4 | 28.5 | 9.6 | 8.0 | 4.1 | 4.0 | 6.1 | 3.7 | 2.0 | 2.2 | 2.2 | |
| 8.5 | 18.6 | 6.1 | 3.9 | 5.9 | – | 19.8 | 12.5 | 13.4 | 18.5 | 8.5 | 9.5 | – | 4.8 | 20.3 | 22.5 | 10.7 | 23.8 | 234.3 | 37.3 | – | 110.3 | – | 8.0 | 5.3 | – | – | 7.0 | 14.1 | 4.2 | |
| 4.3 | – | 39.4 | – | – | – | – | – | – | – | 82.7 | 17.3 | 34.2 | – | 57.1 | – | – | – | 33.7 | 23.4 | – | 27.5 | – | – | 331.6 | 21.3 | 12.2 | 9.4 | 8.4 | – | |
| 23.1% | -13.1% | 2.5% | -28.2% | -6.0% | -14.3% | -9.9% | -9.8% | -8.4% | -5.4% | 1.2% | 5.8% | 2.9% | -2.0% | 1.8% | -3.5% | -6.5% | -1.1% | 3.0% | 4.3% | -3.2% | 3.6% | -1.1% | -2.6% | 0.3% | 4.7% | 8.2% | 10.6% | 11.9% | -0.1% | |
| Margins | ||||||||||||||||||||||||||||||
| 76.4% | 66.9% | 41.2% | 100.0% | 54.3% | 4.8% | 16.2% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 27.5% | 33.3% | 38.9% | 27.0% | 96.7% | 91.4% | 98.6% | 90.9% | 92.1% | 90.8% | 5.4% | 32.0% | 53.1% | 45.6% | 53.7% | |
| 62.2% | 80.9% | 20.4% | 33.4% | 42.1% | 95.5% | 2.8% | 12.0% | 12.4% | 8.0% | 18.4% | 14.6% | -31.8% | 16.9% | 4.6% | 4.5% | 10.8% | 11.6% | -2.1% | 29.4% | -93.4% | 2.1% | -48.3% | 45.3% | 73.7% | -44.5% | -12.9% | 26.1% | 13.5% | 49.1% | |
| 2.4% | 13.4% | 20.1% | 21.4% | 47.9% | -8.0% | 49.1% | 7.4% | 9.2% | 6.3% | 14.0% | 8.6% | -18.8% | 10.6% | 2.4% | 35.3% | 8.5% | 23.6% | 22.1% | 67.1% | 254.8% | 167.8% | -38.3% | 46.4% | 79.1% | -44.8% | 68.5% | 23.5% | 9.8% | 40.9% | |
| 49.8% | -39.4% | 6.0% | -37.0% | -13.3% | -9.5% | -6.9% | -12.6% | -12.5% | -7.0% | 1.6% | 6.8% | 2.7% | -1.3% | 1.4% | -5.5% | -9.4% | -3.1% | 8.1% | 41.5% | -85.5% | 35.6% | -8.4% | -10.2% | 1.0% | 23.6% | 28.2% | 18.7% | 24.9% | -0.3% | |
| Returns | ||||||||||||||||||||||||||||||
| 1.3% | 6.0% | 11.2% | 19.7% | 39.0% | -17.9% | 85.8% | 9.4% | 10.8% | 7.6% | 15.1% | 8.6% | -19.2% | 12.9% | 2.0% | 18.8% | 5.6% | 7.3% | 6.9% | 6.8% | 10.8% | 18.7% | -5.2% | 13.2% | 18.6% | -7.4% | 20.1% | 12.0% | 5.1% | 20.4% | |
| 0.4% | 2.0% | 3.6% | 5.9% | 11.5% | -1.6% | 12.9% | 1.8% | 2.2% | 1.5% | 3.5% | 2.1% | -3.5% | 3.0% | 0.6% | 5.5% | 1.6% | 2.6% | 3.0% | 2.9% | 6.1% | 17.1% | -4.2% | 10.4% | 14.7% | -3.9% | 10.7% | 6.1% | 2.3% | 9.0% | |
| Balance Sheet & Debt | ||||||||||||||||||||||||||||||
| 403 | 564 | 29 | 0.1 | 92 | 700 | 857 | 848 | 752 | 825 | 1,210 | 1,020 | 919 | 652 | 472 | 8.7 | 333 | 1,110 | 863 | 740 | 302 | -70 | 88 | 131 | 523 | 652 | 326 | 451 | 318 | 661 | |
| 2.9 | 7.3 | 0.2 | 0.0 | 0.3 | – | 4.5 | 1.9 | 1.3 | 2.2 | 1.4 | 1.5 | – | 0.9 | 2.9 | 0.1 | 0.9 | 5.5 | 42.9 | 5.5 | – | -2.2 | – | 0.3 | 0.8 | – | – | 0.7 | 0.9 | 0.5 | |
| 34.7% | 32.8% | 32.5% | 30.0% | 29.5% | 8.8% | 15.0% | 18.8% | 20.4% | 19.7% | 22.9% | 24.7% | 18.2% | 23.7% | 29.3% | 29.1% | 28.9% | 36.2% | 43.4% | 42.5% | 57.1% | 91.8% | 80.8% | 78.9% | 79.0% | 52.9% | 53.3% | 50.6% | 45.2% | 44.1% | |
| 0.6 | 0.9 | 0.1 | 0.0 | 0.1 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.5 | 0.3 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.2 | 0.1 | 0.0 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | |
| Per Share | ||||||||||||||||||||||||||||||
| 1.05 | 5.40 | 11.94 | 19.68 | 69.00 | -41.88 | 228.21 | 26.44 | 40.00 | 26.88 | 62.32 | 37.89 | -54.53 | 53.10 | 10.12 | 101.33 | 30.50 | 51.86 | 51.13 | 50.19 | 80.06 | 146.06 | -42.25 | 131.96 | 229.99 | -90.52 | 280.52 | 201.48 | 91.00 | 433.17 | |
| 44.53 | 40.31 | 59.37 | 91.91 | 143.91 | 522.92 | 464.78 | 358.71 | 434.99 | 429.12 | 443.78 | 440.31 | 290.26 | 502.55 | 417.80 | 286.77 | 358.19 | 219.56 | 231.09 | 74.81 | 31.42 | 87.05 | 110.43 | 284.42 | 290.65 | 201.94 | 409.70 | 857.32 | 929.82 | 1,059.95 | |
| 84.12 | 90.54 | 106.85 | 99.90 | 176.97 | 233.65 | 265.96 | 280.73 | 371.06 | 355.12 | 412.41 | 438.42 | 284.67 | 413.22 | 498.49 | 539.43 | 548.79 | 709.08 | 743.44 | 742.68 | 744.63 | 782.65 | 813.25 | 1,001.15 | 1,239.01 | 1,217.65 | 1,392.33 | 1,677.88 | 1,770.81 | 2,124.14 | |
| 22.16 | -15.90 | 3.56 | -34.04 | -19.11 | -49.87 | -31.87 | -45.27 | -54.49 | -29.97 | 7.01 | 29.73 | 7.81 | -6.55 | 5.87 | -15.84 | -33.54 | -6.74 | 18.72 | 31.01 | -26.88 | 30.97 | -9.30 | -29.00 | 3.02 | 47.66 | 115.46 | 159.89 | 231.75 | -2.82 | |
Data as of: September 23, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.