White Mountains Insurance (WTM) EBITDA Margin (2014 - 2026)
White Mountains Insurance (WTM) reported EBITDA Margin of 21.92% for Q2 2026, up 2.57 percentage points from 19.34% a year earlier and up 34.16 percentage points from the prior quarter.
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Analysis
White Mountains Insurance (WTM) EBITDA Margin (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, White Mountains Insurance's EBITDA Margin came in at 28.93%, up 16.70 percentage points year-over-year; for FY2025, it was 31.75%, up 19.22 percentage points from FY2024.
- EBITDA Margin has a five-year change of -41.80 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 12.53% in FY2024 (-10.88 pp), 23.41% in FY2023 (+44.46 pp), -21.05% in FY2022 (+19.83 pp) and -40.88% in FY2021 (-114.42 pp).
- Five-year quarterly EBITDA Margin spans a low of -43.81% in Q2 2022 and a high of 53.67% in Q4 2025.
- Year over year, EBITDA Margin gained in four of the last eight quarters, with an average year-over-year change of +1.33 percentage points.
- The high point for year-over-year EBITDA Margin in five years was Q4 2025 (a gain of 89.15 percentage points); the low point was Q3 2021 (a drop of 101.84 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -12.24% (Q1 2026), 53.67% (Q4 2025) and 14.56% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 137.97 Bn | 84.55 Bn | 9.13 Bn | - |
| 2 | Progressive | 128.88 Bn | 104.72 Bn | 9.04 Bn | -43.55% |
| 3 | Marsh & Mclennan Companies | 91.00 Bn | 83.16 Bn | - | 21.07% |
| 4 | Travelers Companies | 82.99 Bn | 59.24 Bn | 6.23 Bn | -9.87% |
| 5 | Manulife Financial | 75.62 Bn | -19.26 Bn | - | - |
| 6 | Arthur J. Gallagher | 66.34 Bn | 60.74 Bn | - | 23.56% |
| 7 | Metlife | 64.90 Bn | -41.88 Bn | 7.82 Bn | - |
| 8 | Allstate | 63.75 Bn | 25.02 Bn | 8.73 Bn | -30.30% |
| 9 | Aon | 63.11 Bn | 56.32 Bn | - | 26.80% |
| 10 | White Mountains Insurance | 5.37 Bn | -6.05 Bn | 764.50 Mn | 21.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.92% |
| Mar 31, 2026 | -12.24% |
| Dec 31, 2025 | 53.67% |
| Sep 30, 2025 | 14.56% |
| Jun 30, 2025 | 19.34% |
| Mar 31, 2025 | 11.42% |
| Dec 31, 2024 | -35.47% |
| Sep 30, 2024 | 27.31% |
| Jun 30, 2024 | -11.23% |
| Mar 31, 2024 | 34.44% |
| Dec 31, 2023 | 42.54% |
| Sep 30, 2023 | 1.50% |
| Jun 30, 2023 | 0.85% |
| Mar 31, 2023 | 34.37% |
| Dec 31, 2022 | 8.82% |
| Sep 30, 2022 | -14.98% |
| Jun 30, 2022 | -43.81% |
| Mar 31, 2022 | -12.25% |
| Dec 31, 2021 | -17.53% |
| Sep 30, 2021 | -30.30% |
API Access
White Mountains Insurance EBITDA 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=ebitda-margin&ticker=WTM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "WTM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();