White Mountains Insurance Net Income

WTM Stock  USD 2,185  58.43  2.75%   
As of the 7th of February, White Mountains maintains the Downside Deviation of 0.7752, market risk adjusted performance of 0.4096, and Mean Deviation of 0.7775. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of White Mountains Insurance, as well as the relationship between them. Please check out White Mountains Insurance coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if White Mountains Insurance is priced fairly, providing market reflects its latest price of 2185.0 per share. Given that White Mountains Insurance has jensen alpha of 0.167, we strongly advise you to confirm White Mountains Insurance's prevalent market performance to make sure the company can sustain itself at a future point.

White Mountains Total Revenue

174.23 Million

White Mountains' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing White Mountains' valuation are provided below:
Gross Profit
1.1 B
Profit Margin
0.0563
Market Capitalization
5.6 B
Enterprise Value Revenue
2.2939
Revenue
2.5 B
There are over one hundred nineteen available fundamental gauges for White Mountains Insurance, which can be analyzed over time and compared to other ratios. Self-guided Investors are advised to confirm White Mountains' prevalent fundamentals against the trend between 2010 and 2026 to make sure the company can sustain itself down the road. As of the 7th of February 2026, Market Cap is likely to drop to about 2.4 B. In addition to that, Enterprise Value is likely to drop to about 3.3 B This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income326.7 M204 M
Net Income Applicable To Common Shares261.5 M382.1 M
Net Income From Continuing Ops255.7 M268.5 M
Net Income Per Share 81.90  85.99 
Net Income Per E B T 1.27  2.30 
At this time, White Mountains' Net Income Applicable To Common Shares is very stable compared to the past year. As of the 7th of February 2026, Net Income From Continuing Ops is likely to grow to about 268.5 M, while Net Income is likely to drop about 204 M.
  
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Evaluating White Mountains's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into White Mountains Insurance's fundamental strength.

Latest White Mountains' Net Income Growth Pattern

Below is the plot of the Net Income of White Mountains Insurance over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in White Mountains Insurance financial statement analysis. It represents the amount of money remaining after all of White Mountains Insurance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is White Mountains' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in White Mountains' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 284.1 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

White Net Income Regression Statistics

Arithmetic Mean314,842,941
Coefficient Of Variation98.17
Mean Deviation238,230,173
Median312,200,000
Standard Deviation309,082,660
Sample Variance95532.1T
Range1.1B
R-Value(0.07)
Mean Square Error101459.9T
R-Squared0
Significance0.80
Slope(4,026,373)
Total Sum of Squares1528513.4T

White Net Income History

2026109.6 M
2025115.4 M
2024230.4 M
2023509.2 M
2022792.8 M
2021-275.4 M
2020708.7 M

Other Fundumenentals of White Mountains Insurance

White Mountains Net Income component correlations

White Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for White Mountains is extremely important. It helps to project a fair market value of White Stock properly, considering its historical fundamentals such as Net Income. Since White Mountains' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of White Mountains' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of White Mountains' interrelated accounts and indicators.
Will Property & Casualty Insurance sector continue expanding? Could White diversify its offerings? Factors like these will boost the valuation of White Mountains. Anticipated expansion of White directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every White Mountains data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.37)
Earnings Share
430.23
Revenue Per Share
980.232
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0257
The market value of White Mountains Insurance is measured differently than its book value, which is the value of White that is recorded on the company's balance sheet. Investors also form their own opinion of White Mountains' value that differs from its market value or its book value, called intrinsic value, which is White Mountains' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because White Mountains' market value can be influenced by many factors that don't directly affect White Mountains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between White Mountains' value and its price as these two are different measures arrived at by different means. Investors typically determine if White Mountains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, White Mountains' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.

White Mountains 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to White Mountains' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of White Mountains.
0.00
11/09/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/07/2026
0.00
If you would invest  0.00  in White Mountains on November 9, 2025 and sell it all today you would earn a total of 0.00 from holding White Mountains Insurance or generate 0.0% return on investment in White Mountains over 90 days. White Mountains is related to or competes with NI Holdings, Donegal Group, Donegal Group, Hanover Insurance, RLI Corp, Chubb, and Progressive Corp. White Mountains Insurance Group, Ltd., through its subsidiaries, provides insurance and other financial services in the ... More

White Mountains Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure White Mountains' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess White Mountains Insurance upside and downside potential and time the market with a certain degree of confidence.

White Mountains Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for White Mountains' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as White Mountains' standard deviation. In reality, there are many statistical measures that can use White Mountains historical prices to predict the future White Mountains' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of White Mountains' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
1,9662,1882,189
Details
Intrinsic
Valuation
LowRealHigh
1,4241,4252,404
Details
Naive
Forecast
LowNextHigh
2,1552,1562,157
Details
0 Analysts
Consensus
LowTargetHigh
327.60360.00399.60
Details

White Mountains February 7, 2026 Technical Indicators

White Mountains Insurance Backtested Returns

White Mountains appears to be very steady, given 3 months investment horizon. White Mountains Insurance shows Sharpe Ratio of 0.2, which attests that the company had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for White Mountains Insurance, which you can use to evaluate the volatility of the company. Please utilize White Mountains' Mean Deviation of 0.7775, market risk adjusted performance of 0.4096, and Downside Deviation of 0.7752 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, White Mountains holds a performance score of 15. The firm maintains a market beta of 0.52, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, White Mountains' returns are expected to increase less than the market. However, during the bear market, the loss of holding White Mountains is expected to be smaller as well. Please check White Mountains' maximum drawdown, as well as the relationship between the skewness and day typical price , to make a quick decision on whether White Mountains' historical returns will revert.

Auto-correlation

    
  0.19  

Very weak predictability

White Mountains Insurance has very weak predictability. Overlapping area represents the amount of predictability between White Mountains time series from 9th of November 2025 to 24th of December 2025 and 24th of December 2025 to 7th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of White Mountains Insurance price movement. The serial correlation of 0.19 indicates that over 19.0% of current White Mountains price fluctuation can be explain by its past prices.
Correlation Coefficient0.19
Spearman Rank Test-0.17
Residual Average0.0
Price Variance769.18
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

White Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(1.45 Million)

White Mountains reported last year Accumulated Other Comprehensive Income of (1.53 Million)
Based on the recorded statements, White Mountains Insurance reported net income of 284.1 M. This is 77.76% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 50.24% higher than that of the company.

White Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses White Mountains' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of White Mountains could also be used in its relative valuation, which is a method of valuing White Mountains by comparing valuation metrics of similar companies.
White Mountains is currently under evaluation in net income category among its peers.

White Mountains ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, White Mountains' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to White Mountains' managers, analysts, and investors.
Environmental
Governance
Social

White Mountains Institutional Holders

Institutional Holdings refers to the ownership stake in White Mountains that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of White Mountains' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing White Mountains' value.
Shares
London Company Of Virginia2025-06-30
68.8 K
T. Rowe Price Investment Management,inc.2025-06-30
62.9 K
State Street Corp2025-06-30
57.2 K
Geode Capital Management, Llc2025-06-30
42.5 K
Reinhart Mahoney Capital Management Inc2025-06-30
41.7 K
Bank Of America Corp2025-06-30
39.4 K
Lord, Abbett & Co Llc2025-06-30
32.2 K
Norges Bank2025-06-30
30.5 K
Allspring Global Investments Holdings, Llc2025-06-30
29.6 K
Vanguard Group Inc2025-06-30
249.2 K
Morgan Stanley - Brokerage Accounts2025-06-30
165.1 K

White Fundamentals

About White Mountains Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze White Mountains Insurance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of White Mountains using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of White Mountains Insurance based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether White Mountains Insurance is a strong investment it is important to analyze White Mountains' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact White Mountains' future performance. For an informed investment choice regarding White Stock, refer to the following important reports:
Will Property & Casualty Insurance sector continue expanding? Could White diversify its offerings? Factors like these will boost the valuation of White Mountains. Anticipated expansion of White directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every White Mountains data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.37)
Earnings Share
430.23
Revenue Per Share
980.232
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0257
The market value of White Mountains Insurance is measured differently than its book value, which is the value of White that is recorded on the company's balance sheet. Investors also form their own opinion of White Mountains' value that differs from its market value or its book value, called intrinsic value, which is White Mountains' true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because White Mountains' market value can be influenced by many factors that don't directly affect White Mountains' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between White Mountains' value and its price as these two are different measures arrived at by different means. Investors typically determine if White Mountains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, White Mountains' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.