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White Mountains Insurance Group WTM Asset Management (Kudu) — Goodwill

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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:Goodwill.

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 asset management (kudu) — goodwill?
White Mountains Insurance Group (WTM) reported asset management (kudu) — goodwill of $7.6M in Q1 2026.
How has White Mountains Insurance Group's asset management (kudu) — goodwill changed year-over-year?
White Mountains Insurance Group's asset management (kudu) — goodwill decreased by 0.0% year-over-year, from $7.6M to $7.6M.
What does asset management (kudu) — goodwill mean?
Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations within the asset management segment. This asset reflects the premium paid for expected synergies, brand value, and future growth potential of the acquired investment management entities.