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White Mountains Insurance Group WTM Specialty Insurance Distribution (Distinguished) — Goodwill and other intangible assets

Other segment segments

WTM Partners
$269.6M
Asset Management (Kudu)
$7.6M-2.6%

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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:IntangibleAssetsNetIncludingGoodwill.

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
Total investments79.494.0
Cash (restricted $3.6 and $0.1)4.12.7
Premiums, commissions and fees receivable69.845.7
Goodwill and other intangible assets565.1577.7
Other assets26.415.3
Total Specialty Insurance Distribution assets744.8735.4
Services, Industrial and Consumer (WTM Partners)
Short-term investments, at fair value.6.5

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's specialty insurance distribution (distinguished) — goodwill and other intangible assets?
White Mountains Insurance Group (WTM) reported specialty insurance distribution (distinguished) — goodwill and other intangible assets of $565.1M in Q2 2026.
What does specialty insurance distribution (distinguished) — goodwill and other intangible assets mean?
The carrying value of non-physical assets acquired through business combinations, including goodwill, customer relationships, and brand names within the specialty distribution segment. This metric reflects the historical investment made in growing the segment through acquisitions. It is subject to periodic impairment testing, which can impact the segment's reported earnings.

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