What is White Mountains Insurance Group's HG global — debt?

White Mountains Insurance Group (WTM) reported HG global — debt of $197.4M in Q2 2026.

What does HG global — debt mean?

The total outstanding principal amount of debt obligations attributed to the segment. This metric indicates the segment's reliance on external financing to fund operations or capital requirements. It is a primary measure of the segment's financial leverage and capital structure.

White Mountains Insurance Group (WTM) HG Global — Debt

Screener

Other segment segments

Asset Management (Kudu)

$350.7M+42.1%

Specialty Insurance Distribution (Distinguished)

$140.9M—

WTM Partners

$66.5M—

Similar metrics at other companies

APORetirement Services — Debt

$7.84B+24.4%

APOAsset Management — Debt

$6.29B+46.5%

GLLife — Debt

$0—

GLHealth — Debt

$0—

GLInvestment — Debt

$2.63B-4.2%

CNHFinancial Services — Debt

$22.15B—

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:LongTermDebt.

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 amounts	June 30, 2026	December 31, 2025
Total Asset Management liabilities	467.4	446.9
Financial Guarantee (HG Global)
Unearned insurance premiums	331.8	327.9
Debt	197.4	147.8
Other liabilities	20.1	23.8
Total Financial Guarantee liabilities	549.3	499.5
Specialty Insurance Distribution (Distinguished)
Debt	140.9	140.8

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's HG global — debt?: White Mountains Insurance Group (WTM) reported HG global — debt of $197.4M in Q2 2026.
What does HG global — debt mean?: The total outstanding principal amount of debt obligations attributed to the segment. This metric indicates the segment's reliance on external financing to fund operations or capital requirements. It is a primary measure of the segment's financial leverage and capital structure.