Waterdrop (WDH) Invested Capital (2023 - 2026)
Waterdrop's Invested Capital was $850.23 million in Q2 2026, up 21.2% from $701.71 million a year earlier and up 7.1% from the prior quarter.
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Analysis
Waterdrop (WDH) Invested Capital (2023 - 2026) Analysis & Trends
For FY2025, Invested Capital at Waterdrop came in at $723.45 million, up 5.7% from FY2024.
- In earlier years, Invested Capital was $684.42 million in FY2024 (+2.9%) and $665.26 million in FY2023.
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q4 2023.
- Per Business Quant data, WDH's Invested Capital in the three quarters before Q2 2026 was $794.11 million (Q1 2026), $733.01 million (Q4 2025) and $717.55 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.67 Bn | 84.25 Bn | 9.13 Bn | 99.39 Bn |
| 2 | Progressive | 133.00 Bn | 108.83 Bn | 9.04 Bn | 42.72 Bn |
| 3 | Marsh & Mclennan Companies | 94.06 Bn | 86.22 Bn | - | 35.44 Bn |
| 4 | Travelers Companies | 83.93 Bn | 60.18 Bn | 6.23 Bn | 42.19 Bn |
| 5 | Manulife Financial | 75.37 Bn | -19.52 Bn | - | 84.85 Bn |
| 6 | Arthur J. Gallagher | 68.91 Bn | 63.31 Bn | - | 37.22 Bn |
| 7 | Allstate | 64.79 Bn | 26.06 Bn | 8.73 Bn | 41.19 Bn |
| 8 | Aon | 64.57 Bn | 57.79 Bn | - | 24.65 Bn |
| 9 | Metlife | 63.57 Bn | -43.21 Bn | 7.82 Bn | 33.63 Bn |
| 10 | Waterdrop | 365.15 Mn | -296.46 Mn | - | 852.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 852.18 Mn |
| Mar 31, 2026 | 797.40 Mn |
| Dec 31, 2025 | 743.12 Mn |
| Sep 30, 2025 | 721.37 Mn |
| Jun 30, 2025 | 708.53 Mn |
| Dec 31, 2024 | 684.54 Mn |
| Sep 30, 2024 | 680.39 Mn |
| Mar 31, 2024 | 645.55 Mn |
| Dec 31, 2023 | 664.59 Mn |
API Access
Waterdrop Invested Capital 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=invested-capital&ticker=WDH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=WDH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();