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White Mountains Insurance Group WTM Specialty Insurance Distribution (Distinguished) — Debt

Other segment segments

Asset Management (Kudu)
$350.7M+42.1%
WTM Partners
$66.5M

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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: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 amountsJune 30, 2026December 31, 2025
Other liabilities20.123.8
Total Financial Guarantee liabilities549.3499.5
Specialty Insurance Distribution (Distinguished)
Debt140.9140.8
Premiums and commissions payable114.081.3
Other liabilities77.385.0
Total Specialty Insurance Distribution liabilities332.2307.1
Services, Industrial and Consumer (WTM Partners)

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's specialty insurance distribution (distinguished) — debt?
White Mountains Insurance Group (WTM) reported specialty insurance distribution (distinguished) — debt of $140.9M in Q2 2026.
What does specialty insurance distribution (distinguished) — debt mean?
The total outstanding financial obligations of the specialty insurance distribution segment, including loans, notes payable, and other interest-bearing liabilities. This metric measures the segment's reliance on external financing to fund its operations or growth initiatives. High debt levels relative to earnings can increase financial risk and interest expense burdens.

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