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White Mountains Insurance Group WTM Asset Management (Kudu) — Goodwill and other intangible assets

Other segment segments

Specialty Insurance Distribution (Distinguished)
$571.5M
P&C Insurance and Reinsurance (Ark/WM Outrigger)
$292.5M0.0%

Similar metrics at other companies

Jefferies Financial Group logo
JEFAsset Management — Goodwill
$188.63M-35.6%
Morgan Stanley logo
MSAsset Management — Goodwill
$6.09B+0.1%
Jones Lang LaSalle logo
JLLInvestment Management — Goodwill
$56.8M+0.7%
Ameriprise Financial logo
AMPAsset Management — Goodwill
$1.07B+3.8%
Rithm Capital logo
RITMAsset management — Goodwill
$231.44M+376%
KKR & Co. logo
KKRAsset Management and Strategic Holdings — Goodwill
$681.07M+28.5%

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:IntangibleAssetsNetIncludingGoodwill.

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 and other intangible assets?
White Mountains Insurance Group (WTM) reported asset management (kudu) — goodwill and other intangible assets of $7.6M in Q1 2026.
How has White Mountains Insurance Group's asset management (kudu) — goodwill and other intangible assets changed year-over-year?
White Mountains Insurance Group's asset management (kudu) — goodwill and other intangible assets decreased by 3.8% year-over-year, from $7.9M to $7.6M.
What is the long-term trend for White Mountains Insurance Group's asset management (kudu) — goodwill and other intangible assets?
Over 2 years (2023 to 2025), White Mountains Insurance Group's asset management (kudu) — goodwill and other intangible assets has grown at a -3.8% compound annual growth rate (CAGR), from $33.6M to $31.1M.
What does asset management (kudu) — goodwill and other intangible assets mean?
The carrying value of non-physical assets acquired through business combinations, including goodwill, management contracts, and brand value. These assets represent the premium paid over the fair value of net identifiable assets during acquisitions. Changes in this balance reflect historical M&A activity and potential future impairment risks.