Waterdrop (WDH) EBT Margin (2020 - 2025)
Waterdrop's quarterly EBT Margin came in at 8.53% in Q4 2025, down 507.0% year-on-year from 2.1% in Q4 2024, and down 50.52% quarter-over-quarter from 17.24% in Q3 2025.
Waterdrop has reported EBT Margin for 6 years, with the latest figure at 8.53% in Q4 2025.
- For the quarter ending Q4 2025, EBT Margin fell 507.0% year-over-year to 8.53%; the trailing twelve-month figure through Dec 2025 stood at 13.62% (up 62.0% YoY), and the FY2025 full-year result was 13.66%, up 65.0% from the prior year.
- EBT Margin for Q4 2025 stood at 8.53%, down from 17.24% in the prior quarter.
- The five-year high for EBT Margin was 26.69% in Q2 2022, with the low at 22987.81% in Q1 2021.
- Average EBT Margin over 5 years is 1145.83%, with a median of 12.53% recorded in 2024.
- Year-over-year, EBT Margin tumbled 669371 bps in 2021 and surged 2301187 bps in 2022.
- Tracing WDH's EBT Margin over 5 years: stood at 10.92% in 2021, then soared by 271 bps to 18.65% in 2022, then tumbled by 42 bps to 10.78% in 2023, then grew by 26 bps to 13.6% in 2024, then sank by 37 bps to 8.53% in 2025.
- The last three EBT Margin figures came in at 8.53% (Q4 2025), 17.24% (Q3 2025), and 16.39% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American International | 39.62 Bn | 784.91 Mn | 2.60 Bn | 16.25% |
| 2 | Hartford Insurance | 34.97 Bn | 25.91 Bn | 2.15 Bn | 17.20% |
| 3 | Aegon | 34.55 Bn | 34.55 Bn | - | - |
| 4 | Arch Capital | 31.37 Bn | 30.45 Bn | 4.02 Bn | 24.53% |
| 5 | Fidelis Insurance Holdings | 2.04 Bn | 2.04 Bn | 386.80 Mn | 16.89% |
| 6 | International General Insurance Holdings | 1.03 Bn | 811.79 Mn | 70.90 Mn | 17.50% |
| 7 | Waterdrop | 762.05 Mn | 690.71 Mn | 129.34 Mn | 8.53% |
| 8 | Exzeo | 1.28 Mn | -230.11 Mn | 32.74 Mn | 49.68% |
| 9 | Sun Life Financial | 43.53 | -7.92 Bn | - | - |
| 10 | Sun Life Financial | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.53% |
| Sep 30, 2025 | 17.24% |
| Jun 30, 2025 | 16.39% |
| Mar 31, 2025 | 15.60% |
| Dec 31, 2024 | 13.60% |
| Sep 30, 2024 | 12.40% |
| Jun 30, 2024 | 13.42% |
| Mar 31, 2024 | 12.65% |
| Dec 31, 2023 | 10.78% |
| Sep 30, 2023 | 5.08% |
| Jun 30, 2023 | 1.65% |
| Mar 31, 2023 | 7.77% |
| Dec 31, 2022 | 18.65% |
| Sep 30, 2022 | 20.78% |
| Jun 30, 2022 | 26.69% |
| Mar 31, 2022 | 24.06% |
| Dec 31, 2021 | -10.92% |
| Sep 30, 2021 | -58.21% |
| Jun 30, 2021 | -85.01% |
| Mar 31, 2021 | -22,987.81% |
| Dec 31, 2020 | -62.76% |
| Sep 30, 2020 | -8.79% |
| Jun 30, 2020 | 1.87% |
| Mar 31, 2020 | -16,294.10% |