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White Mountains Insurance Group WTM Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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Arthur J. GallagherAJG
$27M-19.6%
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American International GroupAIG
$24M-14.3%
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Berkshire HathawayBRK.A
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Brown & BrownBRO

Segments

By segment

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P&C Insurance and Reinsurance (Ark/WM Outrigger)$447.8M+7.6%
Asset Management (Kudu)$135.4M+7.1%
Specialty Insurance Distribution (Distinguished)$70.6M
Financial Guarantee (HG Global)-$19.2M-53.6%

Other financials

Income statement

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Revenue$517.8M-10.4%
Gross profit$475.1M-16.7%
Net income-$27.2M-180%

Balance sheet

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Total debt$834.8M+23.5%
Total equity$5.4B+19.2%
Total assets$13.2B+19.7%

Cash flow

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Operating cash flow$30.5M+176%

Valuation

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Market cap$4.99B+9.8%

Profitability

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Gross margin94.9%-3.7pp
Net margin28.4%

Returns & leverage

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Return on equity21.2%
Debt / equity0.2×0.0×

Where this comes from

Reported directly by White Mountains Insurance Group in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The official record: White Mountains Insurance Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is White Mountains Insurance Group's noncontrolling interests in subsidiaries?
White Mountains Insurance Group (WTM) reported noncontrolling interests in subsidiaries of $671M in Q1 2026.
How has White Mountains Insurance Group's noncontrolling interests in subsidiaries changed year-over-year?
White Mountains Insurance Group's noncontrolling interests in subsidiaries increased by 6.5% year-over-year, from $630.1M to $671M.
What is the long-term trend for White Mountains Insurance Group's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), White Mountains Insurance Group's noncontrolling interests in subsidiaries has grown at a 51.3% compound annual growth rate (CAGR), from -$88.1M to $698.2M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.