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White Mountains Insurance Group WTM WTM Partners — Goodwill

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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:Goodwill.

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
$ in MillionsWeighted Average Economic Life (in years)June 30, 2026 / Acquisition Date Fair ValueJune 30, 2026 / Accumulated AmortizationJune 30, 2026 / Impairments (1)June 30, 2026 / Net Carrying Value
ArkN/A$116.8$116.8
KuduN/A7.67.6
DistinguishedN/A397.9397.9
WTM Partners (2)N/A238.3238.3
Other OperationsN/A44.49.135.3
Total goodwill805.09.1795.9
Other intangible assets:
Ark

Item 1. Financial Statements (Unaudited)

FAQ

What is White Mountains Insurance Group's WTM partners — goodwill?
White Mountains Insurance Group (WTM) reported WTM partners — goodwill of $238.3M in Q2 2026.
What does WTM partners — goodwill mean?
The intangible asset representing the premium paid by the WTM Partners segment for acquisitions over the fair value of identifiable net assets. Monitoring goodwill is essential for understanding the segment's historical acquisition strategy and potential future write-down risks.

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