Waterdrop (WDH) Enterprise Value (2020 - 2025)

Waterdrop (WDH) recorded quarterly Enterprise Value of -$71.3 million in Q4 2025, up 64.96% quarter-over-quarter from -$203.6 million in Q3 2025, and up 72.58% on a YoY basis from -$41.3 million in Q4 2024.

Waterdrop (WDH) Enterprise Value (2020 - 2025) Analysis & Trends

Waterdrop's Enterprise Value history runs 6 years deep, the most recent figure standing at -$71.3 million for Q4 2025.

  • In Q4 2025, Enterprise Value rose 72.58% year-over-year to -$71.3 million; the TTM figure through Dec 2025 stood at -$71.3 million (up 72.58% YoY), while the FY2025 annual figure was -$71.3 million, up 79.36% from the prior year.
  • Enterprise Value was -$71.3 million for Q4 2025 at Waterdrop, up from -$203.6 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$71.3 million in Q4 2025 to a low of -$523.8 million in Q1 2023.
  • Historically, Enterprise Value has averaged -$344.0 million across 5 years, with a median of -$357.1 million in 2024.
  • The sharpest annual moves came in 2021 and 2025: Enterprise Value tumbled 143.82% in 2021, then soared 72.58% in 2025.
  • A 5-year view of Enterprise Value shows it stood at -$232.3 million in 2021, then dropped by 26.58% to -$294.1 million in 2022, then soared by 58.38% to -$122.4 million in 2023, then tumbled by 112.58% to -$260.2 million in 2024, then jumped by 72.58% to -$71.3 million in 2025.
  • The last three Enterprise Value figures came in at -$71.3 million (Q4 2025), -$203.6 million (Q3 2025), and -$232.3 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 American International 39.85 Bn 1.02 Bn 2.60 Bn -8.17 Bn
2 Hartford Insurance 35.40 Bn 26.34 Bn 2.15 Bn -488.00 Mn
3 Arch Capital 32.21 Bn 31.30 Bn 4.02 Bn -914.00 Mn
4 Brookfield Wealth Solutions 9.95 Bn -3.21 Bn 4.62 Bn -13.16 Bn
5 FIHL 2.04 Bn 2.04 Bn - -
6 International General Insurance Holdings 1.03 Bn 811.79 Mn 111.10 Mn -191.60 Mn
7 Waterdrop 632.07 Mn 560.72 Mn 129.34 Mn -71.35 Mn
8 Sun Life Financial 48.32 Mn -8.02 Bn - -8.06 Bn
9 Exzeo 1.16 Mn -230.22 Mn 32.74 Mn -231.38 Mn
10 Aegon 5,067.42 5,067.42 - -1.08 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 -71.35 Mn
Sep 30, 2025 -203.59 Mn
Jun 30, 2025 -232.33 Mn
Mar 31, 2025 -256.86 Mn
Dec 31, 2024 -260.19 Mn
Sep 30, 2024 -322.70 Mn
Jun 30, 2024 -391.51 Mn
Mar 31, 2024 -469.75 Mn
Dec 31, 2023 -122.40 Mn
Sep 30, 2023 -416.98 Mn
Jun 30, 2023 -468.77 Mn
Mar 31, 2023 -523.81 Mn
Dec 31, 2022 -294.08 Mn
Sep 30, 2022 -504.48 Mn
Jun 30, 2022 -490.90 Mn
Mar 31, 2022 -461.28 Mn
Dec 31, 2021 -232.33 Mn
Sep 30, 2021 -405.24 Mn
Jun 30, 2021 -501.25 Mn
Mar 31, 2021 -251.01 Mn