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White Mountains Insurance Group WTM WTM Partners — Contract Assets

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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$5.23B+14.0%
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:ContractWithCustomerAssetNet.

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 investments.6.5
Cash6.14.4
Accounts receivable78.839.5
Contract assets36.317.8
Goodwill and other intangible assets269.691.5
Other assets43.528.7
Total Services, Industrial and Consumer assets434.9182.4
Other Operations

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's WTM partners — contract assets?
White Mountains Insurance Group (WTM) reported WTM partners — contract assets of $36.3M in Q2 2026.
What does WTM partners — contract assets mean?
Reflects the right of the WTM Partners segment to consideration in exchange for goods or services that have been transferred to a customer, conditional on something other than the passage of time. This metric highlights revenue recognized in advance of formal billing milestones. It is an essential indicator of the segment's progress on long-term contracts and future revenue realization.

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