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White Mountains Insurance Group WTM Specialty Insurance Distribution (Distinguished) — Redeemable NCI

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Other financials

Income statement

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Revenue$517.8M-10.4%
Gross profit$475.1M-16.7%
Net income-$27.2M-180%

Balance sheet

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Total debt$834.8M+23.5%
Total equity$5.4B+19.2%
Total assets$13.2B+19.7%

Cash flow

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Operating cash flow$30.5M+176%

Valuation

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Market cap$4.99B+9.8%

Profitability

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Gross margin94.9%-3.7pp
Net margin28.4%

Returns & leverage

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Return on equity21.2%
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:RedeemableNoncontrollingInterestEquityCarryingAmount.

The official record: White Mountains Insurance Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is White Mountains Insurance Group's specialty insurance distribution (distinguished) — redeemable NCI?
White Mountains Insurance Group (WTM) reported specialty insurance distribution (distinguished) — redeemable NCI of $131.5M in Q1 2026.
What does specialty insurance distribution (distinguished) — redeemable NCI mean?
Represents the portion of equity in a subsidiary held by third parties that the company may be required to repurchase under certain conditions. This metric highlights potential future liquidity obligations and the structure of ownership within the segment. It is critical for assessing the parent company's ultimate claim on the segment's net assets.