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White Mountains Insurance Group WTM P&C Insurance and Reinsurance (Ark/WM Outrigger) — Goodwill

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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:Goodwill.

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
$ in MillionsWeighted Average Economic Life (in years)June 30, 2026 / Acquisition Date Fair ValueJune 30, 2026 / Accumulated AmortizationJune 30, 2026 / Impairments (1)June 30, 2026 / Net Carrying Value
Goodwill:
ArkN/A$116.8$116.8
KuduN/A7.67.6
DistinguishedN/A397.9397.9
WTM Partners (2)N/A238.3238.3
Other OperationsN/A44.49.135.3
Total goodwill805.09.1795.9
Other intangible assets:

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — goodwill?
White Mountains Insurance Group (WTM) reported P&C insurance and reinsurance (ark/wm outrigger) — goodwill of $116.8M in Q2 2026.
How has White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — goodwill changed year-over-year?
White Mountains Insurance Group's P&C insurance and reinsurance (ark/wm outrigger) — goodwill decreased by 0.0% year-over-year, from $116.8M to $116.8M.
What does P&C insurance and reinsurance (ark/wm outrigger) — goodwill mean?
The intangible asset representing the premium paid over the fair value of net identifiable assets during the acquisition of the insurance and reinsurance segment. It reflects the value of the segment's brand, market position, and operational synergies.

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