White Mountains Insurance Group, Ltd. (WTM)

NYSE: WTM · Real-Time Price · USD

2,254.95

+8.43 (0.38%)

At close: Nov 13, 2026, 4:00 PM EST

2,269.00

+14.05 (0.62%)

After-hours: Nov 13, 2026, 7:48 PM EST

WTM Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	969.1	1,106	230.4	509.2	792.8	-275.4
Depreciation & Amortization	32.1	9	-6.4	-17.8	4.3	21.6
Gain (Loss) on Sale of Assets	-851.7	-849.3	114.5	-	-	-
Gain (Loss) on Sale of Investments	-88.3	-324	-185.4	-434.2	191.5	246.1
Stock-Based Compensation	19.8	18.5	16.3	15.3	14	14.7
Change in Accounts Receivable	-77.3	-91.4	-204.7	-67	-127.8	-179.3
Reinsurance Recoverable	-151.3	-247.1	-147	153.3	-79.8	88
Change in Unearned Revenue	28.3	172.7	174.4	147.9	159.3	198.6
Change in Insurance Reserves / Liabilities	270.4	367.7	543	308.6	401.8	198.7
Change in Other Net Operating Assets	-139.6	-34	-105.7	-92.5	118.5	-168.3
Other Operating Activities	278.8	341.5	116.1	73.5	-953.4	-2.4
Operating Cash Flow	385.5	550.5	586.8	404.1	326.3	38.6
Operating Cash Flow Growth	-31.25%	-6.19%	45.21%	23.84%	745.34%	-

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash Acquisitions	-186.6	-349.5	-231.8	-	-67.9	10.6
Investment in Securities	-957.2	-1,058	-236.3	-627.8	-1,141	-812.5
Other Investing Activities	-40.3	-30.1	9.1	66.6	-74.4	593.6
Investing Cash Flow	-407.7	-666.9	-447	-543.9	108.4	-208.3

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Long-Term Debt Issued	-	294.7	36.6	12.4	213.8	401.7
Total Debt Repaid	-181.7	-17.5	-38.1	-25.7	-56.7	-120.1
Net Debt Issued (Repaid)	161.5	277.2	-1.5	-13.3	157.1	281.6
Repurchases of Common Stock	-409.5	-202.6	-7.9	-32.7	-615.8	-107.5
Common Dividends Paid	-2.4	-2.6	-2.5	-2.6	-3	-3.1
Other Financing Activities	-34.2	-36.4	16.1	55.8	134.3	46.6
Financing Cash Flow	-284.6	35.6	4.2	7.2	-327.4	217.6

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	15.2
Net Cash Flow	-306.8	-80.8	144	-132.6	107.3	63.1

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Levered Free Cash Flow	542.54	755.35	403.61	-39.59	-144.86	-269.46
Unlevered Free Cash Flow	593.73	804.35	441.61	-0.4	-119.68	-256.65

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash Interest Paid	68.6	66.4	61	42.2	30.5	13.9
Cash Income Tax Paid	37.6	30.7	34.3	42.7	10.3	-0.1
Change in Working Capital	25.7	248.4	301.3	258.1	277.1	-8.3

SEC Filings: 10-K · 10-Q