White Mountains Insurance (WTM) EV to EBITDA (2015 - 2026)
White Mountains Insurance's (WTM) EV to EBITDA stood at 2.38 in Q2 2026, down 73.2% from 8.90 a year earlier and down 22.0% from the prior quarter.
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Analysis
White Mountains Insurance (WTM) EV to EBITDA (2015 - 2026) Analysis & Trends
On a TTM basis, White Mountains Insurance's EV to EBITDA came in at -5.17 as of Jun 30, 2026; for FY2025, it came in at 2.60, down 76.7% from FY2024.
- Across earlier years, EV to EBITDA came in at 11.15 in FY2024 (+173.9%) and 4.07 in FY2023.
- The Q2 2026 figure is the lowest quarterly EV to EBITDA since Q1 2022.
- On a year-over-year basis, EV to EBITDA has declined for three consecutive quarters, with growth averaging 69.9% over the last eight quarters.
- Peak year-over-year performance for EV to EBITDA in the last five years was growth of 384.4% in Q1 2025, against a decline of 87.5% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 3.05 (Q1 2026), 2.60 (Q4 2025) and 12.13 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.69 Bn | -333.79 Bn | 55.86 Bn |
| 2 | Chubb | 127.81 Bn | 79.86 Bn | 9.13 Bn |
| 3 | Progressive | 121.79 Bn | 97.63 Bn | 9.04 Bn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - |
| 5 | Travelers Companies | 75.76 Bn | 52.01 Bn | 6.23 Bn |
| 6 | Manulife Financial | 74.06 Bn | 75.27 Bn | - |
| 7 | Metlife | 61.12 Bn | -45.36 Bn | 7.82 Bn |
| 8 | Arthur J. Gallagher | 58.82 Bn | 53.25 Bn | - |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn |
| 10 | White Mountains Insurance | 4.81 Bn | -5.87 Bn | 764.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.38 |
| Mar 31, 2026 | 3.05 |
| Dec 31, 2025 | 2.60 |
| Sep 30, 2025 | 12.13 |
| Jun 30, 2025 | 8.90 |
| Mar 31, 2025 | 24.51 |
| Dec 31, 2024 | 11.15 |
| Sep 30, 2024 | 3.58 |
| Jun 30, 2024 | 5.55 |
| Mar 31, 2024 | 5.06 |
| Dec 31, 2023 | 4.07 |
| Sep 30, 2023 | 9.11 |
| Jun 30, 2023 | 11.26 |
| Mar 31, 2023 | 30.15 |
| Mar 31, 2022 | -154.35 |
| Sep 30, 2021 | 5.56 |
| Jun 30, 2021 | 2.11 |
| Mar 31, 2021 | 3.10 |
| Dec 31, 2020 | 2.83 |
| Sep 30, 2020 | 3.56 |
API Access
White Mountains Insurance EV to EBITDA 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=ev-to-ebitda&ticker=WTM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=WTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();