White Mountains Insurance (WTM) Gross Margin (2009 - 2026)

White Mountains Insurance's Gross Margin history runs 18 years deep, the most recent figure standing at 46.22% for Q1 2026.

• In Q1 2026, Gross Margin fell 5188.0% year-over-year to 46.22%; the TTM figure through Mar 2026 stood at 89.94% (up 60.0% YoY), while the FY2025 annual figure was 91.46%, down 722.0% from the prior year.
• Gross Margin for Q1 2026 stood at 46.22%, up from 51.09% in the prior quarter.
• The five-year high for Gross Margin was 173.38% in Q4 2023, with the low at 59.64% in Q4 2022.
• The 5-year median for Gross Margin is 89.45% (2022), against an average of 69.07%.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 15212 bps in 2022, then soared 23303 bps in 2023.
• White Mountains Insurance's Gross Margin stood at 59.64% in 2022, then surged by 391 bps to 173.38% in 2023, then plunged by 44 bps to 97.93% in 2024, then slumped by 152 bps to 51.09% in 2025, then soared by 190 bps to 46.22% in 2026.
• Business Quant data shows WTM's Gross Margin at 46.22% in Q1 2026, 51.09% in Q4 2025, and 53.66% in Q3 2025.