White Mountains Insurance Group Balance Sheet
NYSE: WTMFinanceProperty-Casualty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
White Mountains Insurance Group financial position
At the end of fiscal 2025, White Mountains Insurance Group reported total assets of $12.31 billion, up 24.0% from a year earlier against total liabilities of $6.05 billion. Shareholders' equity stood at $5.43 billion, or 44.1% of assets. The company held $185.6 million in cash and equivalents against $837.0 million of debt, a net debt position of $651.4 million.
Debt-to-equity was 0.15.
Summary generated from market data by MetaCap's automated system. Methodology
White Mountains Insurance Group balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 185.60M | 266.40M | 122.40M | 255.00M | 147.70M | 84.60M | 161.00M | 110.30M | 97.10M | 80.20M |
| Short-Term Investments | — | — | — | — | — | — | — | — | — | 174.90M |
| Goodwill | 614.10M | 439.20M | 168.80M | 176.50M | 142.30M | 525.50M | 394.70M | 379.90M | 25.90M | 25.90M |
| Intangible Assets | 406.10M | 281.10M | 201.80M | 215.90M | 198.20M | 256.90M | 260.00M | 155.40M | 36.20M | 19.30M |
| Total Assets | 12.31B | 9.93B | 8.39B | 7.39B | 7.00B | 4.83B | 3.98B | 3.36B | 3.66B | 6.52B |
| Long-Term Debt | 837.00M | 562.50M | 564.60M | 575.20M | 420.90M | 376.40M | 283.50M | 192.70M | 23.80M | 12.70M |
| Total Liabilities | 6.05B | 4.79B | 3.82B | 3.45B | 3.30B | 1.01B | 838.50M | 644.40M | 298.40M | 2.80B |
| Shareholders' Equity | 5.43B | 4.48B | 4.24B | 3.75B | 3.55B | 3.91B | 3.26B | 2.84B | 3.49B | 3.58B |
| Retained Earnings | 4.85B | 3.92B | 3.69B | 3.21B | 2.96B | 3.31B | 2.67B | 2.26B | 2.82B | 2.78B |
| Total Debt | 837.00M | 562.50M | 564.60M | 575.20M | 420.90M | 376.40M | 283.50M | 192.70M | 23.80M | 12.70M |
| Net Cash (Debt) | -651.40M | -296.10M | -442.20M | -320.20M | -273.20M | -291.80M | -122.50M | -82.40M | 73.30M | 242.40M |
| Shares Outstanding | 2.48M | 2.57M | 2.56M | 2.57M | 3.02M | 3.10M | 3.19M | 3.17M | 3.75M | 4.56M |
This table shows 10 annual periods of White Mountains Insurance Group's balance sheet, from FY 2025 back to FY 2016, across 12 line items including cash & equivalents, short-term investments, goodwill. Values in USD; B = billions, M = millions. Fiscal periods follow WTM's reporting calendar. What is a balance sheet?