Waterdrop (WDH) EBT Margin (2020 - 2026)
Waterdrop (WDH) recorded EBT Margin of 9.40% in Q2 2026, down 6.99 percentage points from 16.39% a year earlier but up 0.66 percentage points from the prior quarter.
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Analysis
Waterdrop (WDH) EBT Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Waterdrop's EBT Margin came in at 10.47% as of Jun 30, 2026, down 4.13 percentage points year-over-year; for FY2025, it came in at 13.66%, up 0.65 percentage points from FY2024.
- Annual EBT Margin has a five-year change of +33.93 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at 13.01% in FY2024 (+6.77 pp), 6.24% in FY2023 (-16.27 pp), 22.51% in FY2022 (+78.50 pp) and -55.99% in FY2021 (-35.72 pp).
- Quarterly EBT Margin has ranged from -62.02% in Q3 2021 to 26.69% in Q2 2022 over the past five years.
- On a year-over-year basis, EBT Margin has declined for three consecutive quarters, with an average year-over-year change of +0.25 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 111.70 percentage points in Q2 2022, against a drop of 48.95 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.74% (Q1 2026), 8.53% (Q4 2025) and 17.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 140.65 Bn | 87.23 Bn | 9.13 Bn | 22.91% |
| 2 | Progressive | 133.70 Bn | 109.53 Bn | 9.04 Bn | 17.83% |
| 3 | Marsh & Mclennan Companies | 94.75 Bn | 86.91 Bn | - | 15.05% |
| 4 | Travelers Companies | 85.38 Bn | 61.63 Bn | 6.23 Bn | 22.77% |
| 5 | Manulife Financial | 77.63 Bn | -17.25 Bn | - | 13.82% |
| 6 | Arthur J. Gallagher | 69.27 Bn | 63.67 Bn | - | 10.34% |
| 7 | Metlife | 66.42 Bn | -40.36 Bn | 7.82 Bn | 5.40% |
| 8 | Allstate | 66.13 Bn | 27.40 Bn | 8.73 Bn | 22.27% |
| 9 | Aon | 65.25 Bn | 58.47 Bn | - | 17.05% |
| 10 | Waterdrop | 361.53 Mn | -300.08 Mn | - | 9.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.40% |
| Mar 31, 2026 | 8.78% |
| 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 | -62.02% |
API Access
Waterdrop EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=WDH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "WDH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=WDH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();