Waterdrop (WDH) EBIT Margin (2020 - 2025)
Waterdrop's quarterly EBIT Margin came in at 5.94% in Q4 2025, down 177.0% year-on-year from 7.72% in Q4 2024, and down 48.8% quarter-over-quarter from 11.61% in Q3 2025.
Waterdrop has reported EBIT Margin for 6 years, with the latest figure at 5.94% in Q4 2025.
- For the quarter ending Q4 2025, EBIT Margin fell 177.0% year-over-year to 5.94%; the trailing twelve-month figure through Dec 2025 stood at 9.28% (up 285.0% YoY), and the FY2025 full-year result was 9.19%, up 277.0% from the prior year.
- EBIT Margin for Q4 2025 stood at 5.94%, down from 11.61% in the prior quarter.
- The five-year high for EBIT Margin was 22.23% in Q2 2022, with the low at 86.8% in Q2 2021.
- Average EBIT Margin over 5 years is 4.24%, with a median of 6.29% recorded in 2024.
- Year-over-year, EBIT Margin sank 8786 bps in 2021 and jumped 10903 bps in 2022.
- Tracing WDH's EBIT Margin over 5 years: stood at 12.24% in 2021, then soared by 188 bps to 10.72% in 2022, then sank by 62 bps to 4.04% in 2023, then jumped by 91 bps to 7.71% in 2024, then decreased by 23 bps to 5.94% in 2025.
- The last three EBIT Margin figures came in at 5.94% (Q4 2025), 11.61% (Q3 2025), and 11.62% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 39.62 Bn | 784.91 Mn | 2.60 Bn | 11.73% |
| 2 | Hartford Insurance | 34.97 Bn | 25.91 Bn | 2.15 Bn | 12.03% |
| 3 | Aegon | 34.55 Bn | 34.55 Bn | - | - |
| 4 | Arch Capital | 31.37 Bn | 30.45 Bn | 4.02 Bn | 13.51% |
| 5 | Fidelis Insurance Holdings | 2.04 Bn | 2.04 Bn | 386.80 Mn | 7.16% |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 70.90 Mn | 138.90% |
| 7 | Waterdrop | 762.05 Mn | 690.71 Mn | 129.34 Mn | 5.94% |
| 8 | Exzeo | 1.28 Mn | -230.11 Mn | 32.74 Mn | 4.52% |
| 9 | Sun Life Financial | 43.53 | -7.92 Bn | - | - |
| 10 | Sun Life Financial | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.94% |
| Sep 30, 2025 | 11.61% |
| Jun 30, 2025 | 11.62% |
| Mar 31, 2025 | 10.05% |
| Dec 31, 2024 | 7.71% |
| Sep 30, 2024 | 3.76% |
| Jun 30, 2024 | 7.77% |
| Mar 31, 2024 | 6.64% |
| Dec 31, 2023 | 4.04% |
| Sep 30, 2023 | -0.30% |
| Jun 30, 2023 | -6.35% |
| Mar 31, 2023 | 1.70% |
| Dec 31, 2022 | 10.72% |
| Sep 30, 2022 | 17.17% |
| Jun 30, 2022 | 22.23% |
| Mar 31, 2022 | 17.98% |
| Dec 31, 2021 | -12.24% |
| Sep 30, 2021 | -65.83% |
| Jun 30, 2021 | -86.80% |
| Mar 31, 2021 | -52.14% |
| Dec 31, 2020 | -32.85% |
| Sep 30, 2020 | -13.86% |
| Jun 30, 2020 | 1.06% |
| Mar 31, 2020 | -16.99% |