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

Other segment segments

P&C Insurance and Reinsurance (Ark/WM Outrigger)
$376.3M-8.9%
Specialty Insurance Distribution (Distinguished)
$40.3M
Financial Guarantee (HG Global)
$17.2M-46.4%
P&C Insurance Distribution (Bamboo)
$0-100%

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EQHAsset Management — Revenues, Adjusted
$1.11B+2.4%
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JEFAsset Management — Net revenues
$220.3M+14.9%

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%
P/E4.8×
P/S1.4×-0.7×

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:Revenues.

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) — revenue?
White Mountains Insurance Group (WTM) reported asset management (kudu) — revenue of $63M in Q1 2026.
How has White Mountains Insurance Group's asset management (kudu) — revenue changed year-over-year?
White Mountains Insurance Group's asset management (kudu) — revenue decreased by 1.3% year-over-year, from $63.8M to $63M.
What is the long-term trend for White Mountains Insurance Group's asset management (kudu) — revenue?
Over 4 years (2021 to 2025), White Mountains Insurance Group's asset management (kudu) — revenue has grown at a 8.2% compound annual growth rate (CAGR), from $134M to $183.4M.
What does asset management (kudu) — revenue mean?
The total gross income generated by the asset management segment from all sources, including investment returns and service-based fees. This is the primary measure of the segment's top-line performance and market scale.