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White Mountains Insurance Group WTM WTM Partners — General and administrative expenses

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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 wtm:GeneralAndAdministrativeExpenseIncludingAmortizationOfOtherIntangibleAssets.

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
MillionsThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total Specialty Insurance Distribution expenses67.9125.8
Services, Industrial and Consumer (WTM Partners)
Cost of sales72.635.2108.735.2
General and administrative expenses15.56.425.39.4
Interest expense.6.3.9.3
Total Services, Industrial and Consumer expenses88.741.9134.944.9
P&C Insurance Distribution (Bamboo)
Broker commission expenses19.835.3

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's WTM partners — general and administrative expenses?
White Mountains Insurance Group (WTM) reported WTM partners — general and administrative expenses of $15.5M in Q2 2026.
What does WTM partners — general and administrative expenses mean?
Operating costs incurred by the WTM Partners segment that are not directly tied to the production of goods or services, such as overhead, management salaries, and office expenses. Tracking these costs helps assess the segment's operational discipline and cost control management.

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