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White Mountains Insurance Group WTM Asset Management (Kudu) — Total investments

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Other financials

Income statement

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Revenue$844.6M+22.5%
Gross profit$764.5M+18.2%
Net income$199.5M+62.3%

Balance sheet

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Total debt$932.5M+34.2%
Total equity$5.4B+16.0%
Total assets$13.8B+16.4%

Cash flow

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Operating cash flow-$55.5M-131%

Valuation

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Market cap$5.3B+15.6%
P/E4.7×
P/S1.4×-0.5×

Profitability

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Gross margin94.1%-3.2pp
Net margin29.3%

Returns & leverage

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Return on equity22.4%
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:Investments.

The source filing: White Mountains Insurance Group’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:50 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-053932
Millions, except share and per share amountsJune 30, 2026December 31, 2025
Asset Management (Kudu)
Short-term investments, at fair value114.421.9
Other long-term investments1,344.61,291.4
Total investments1,459.01,313.3
Cash1.434.5
Accrued investment income21.625.3
Goodwill and other intangible assets7.67.7
Other assets7.321.5

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's asset management (kudu) — total investments?
White Mountains Insurance Group (WTM) reported asset management (kudu) — total investments of $1.46B in Q2 2026.
How has White Mountains Insurance Group's asset management (kudu) — total investments changed year-over-year?
White Mountains Insurance Group's asset management (kudu) — total investments increased by 24.8% year-over-year, from $1.17B to $1.46B.
What does asset management (kudu) — total investments mean?
The aggregate value of all financial assets held by the asset management segment, including both short-term and long-term holdings. This figure represents the total capital deployed by the segment to generate investment returns. It serves as a primary indicator of the scale and investment capacity of the business unit.

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