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Asset Utilization RatioAssets AverageEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

White Mountains Insurance (WTM) Gross Margin (2016 - 2025)

White Mountains Insurance (WTM) has 17 years of Gross Margin data on record, last reported at 93.6% in Q3 2025.

  • For Q3 2025, Gross Margin fell 340.0% year-over-year to 93.6%; the TTM value through Sep 2025 reached 94.59%, down 361.0%, while the annual FY2024 figure was 98.25%, 105.0% up from the prior year.
  • Gross Margin reached 93.6% in Q3 2025 per WTM's latest filing, up from 88.7% in the prior quarter.
  • Across five years, Gross Margin topped out at 98.83% in Q1 2024 and bottomed at 70.8% in Q2 2022.
  • Average Gross Margin over 5 years is 92.7%, with a median of 94.71% recorded in 2023.
  • Peak YoY movement for Gross Margin: crashed -1520bps in 2021, then soared 2535bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 88.79% in 2021, then increased by 3bps to 91.64% in 2022, then grew by 7bps to 98.14% in 2023, then grew by 0bps to 98.35% in 2024, then decreased by -5bps to 93.6% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 93.6% in Q3 2025, 88.7% in Q2 2025, and 98.1% in Q1 2025.