Waterdrop (WDH) EBITDA Margin (2020 - 2026)
Waterdrop (WDH) posted quarterly EBITDA Margin of 6.41% for Q1 2026, down 366.0% year-over-year from 2.41% in Q1 2025, and up 7.85% quarter-over-quarter from 5.94% in Q4 2025.
Waterdrop (WDH) EBITDA Margin (2020 - 2026) Analysis & Trends
Waterdrop's EBITDA Margin history runs 7 years deep, the most recent figure standing at 6.41% for Q1 2026.
- In Q1 2026, EBITDA Margin fell 366.0% year-over-year to 6.41%; the TTM figure through Mar 2026 stood at 8.35% (up 101.0% YoY), while the FY2025 annual figure was 9.19%, up 277.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 6.41%, up from 5.94% in the prior quarter.
- The five-year high for EBITDA Margin was 22.23% in Q2 2022, with the low at 6.35% in Q2 2023.
- The 5-year median for EBITDA Margin is 7.71% (2024), against an average of 8.16%.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin jumped 10903 bps in 2022, then plunged 2858 bps in 2023.
- Waterdrop's EBITDA Margin stood at 10.72% in 2022, then sank by 62 bps to 4.04% in 2023, then surged by 91 bps to 7.71% in 2024, then fell by 23 bps to 5.94% in 2025, then increased by 8 bps to 6.41% in 2026.
- Business Quant data shows WDH's EBITDA Margin at 6.41% in Q1 2026, 5.94% in Q4 2025, and 11.67% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,071.44 Bn | 744.46 Bn | 55.86 Bn | -29.67% |
| 2 | Sun Life Financial | 43.70 Bn | 32.46 Bn | - | - |
| 3 | American International | 40.51 Bn | 2.69 Bn | 3.50 Bn | 15.91% |
| 4 | Hartford Insurance | 37.50 Bn | 21.18 Bn | 3.18 Bn | 11.01% |
| 5 | Arch Capital | 34.31 Bn | 33.20 Bn | 2.47 Bn | -21.87% |
| 6 | Aegon | 28.13 Bn | 28.13 Bn | - | -59.78% |
| 7 | Pelagos Insurance Capital | 2.03 Bn | 1.58 Bn | 357.40 Mn | -36.88% |
| 8 | Exzeo | 1.46 Bn | 1.33 Bn | 36.84 Mn | 49.26% |
| 9 | International General Insurance Holdings | 1.15 Bn | 916.77 Mn | -5.60 Mn | 82.86% |
| 10 | Waterdrop | 359.77 Mn | 230.46 Mn | 109.06 Mn | 6.41% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.41% |
| Dec 31, 2025 | 5.94% |
| Sep 30, 2025 | 11.67% |
| Jun 30, 2025 | 11.62% |
| Mar 31, 2025 | 10.07% |
| Dec 31, 2024 | 7.71% |
| Sep 30, 2024 | 3.76% |
| Jun 30, 2024 | 7.77% |
| Mar 31, 2024 | 6.58% |
| 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% |