White Mountains Insurance (WTM) Return on Equity [ROE] (2010 - 2026)
White Mountains Insurance (WTM) posted Return on Equity [ROE] of 19.40% for Q2 2026, up 13.11 percentage points from 6.30% a year earlier and up 1.12 percentage points from the prior quarter.
White Mountains Insurance (WTM) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2025, White Mountains Insurance's Return on Equity [ROE] came in at 21.36%, up 15.49 percentage points from FY2024.
- Annual Return on Equity [ROE] shows a five-year change of +2.85 percentage points (FY2020 to FY2025).
- In prior years, White Mountains Insurance's Return on Equity [ROE] was 5.86% in FY2024 (-7.81 pp), 13.67% in FY2023 (-4.98 pp), 18.65% in FY2022 (+27.11 pp) and -8.46% in FY2021 (-26.97 pp).
- Quarterly Return on Equity [ROE] has run from a low of -15.71% in Q2 2022 to a high of 27.63% in Q2 2023 over five years.
- On a year-over-year basis, Return on Equity [ROE] has increased in each of the last three quarters, with an average year-over-year change of +2.32 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Equity [ROE] in the past five years was Q2 2023, with a gain of 43.34 percentage points; the weakest was Q2 2022, with a drop of 33.55 percentage points.
- According to Business Quant data, Return on Equity [ROE] for the three prior quarters was 18.29% (Q1 2026), 20.53% (Q4 2025) and 4.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 11.64% |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 14.32% |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 35.24% |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 26.91% |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 25.51% |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | 17.86% |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 13.22% |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 40.61% |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 6.62% |
| 10 | White Mountains Insurance | 4.79 Bn | -5.89 Bn | 764.50 Mn | 19.40% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.40% |
| Mar 31, 2026 | 18.29% |
| Dec 31, 2025 | 20.53% |
| Sep 30, 2025 | 4.83% |
| Jun 30, 2025 | 6.30% |
| Mar 31, 2025 | 2.44% |
| Dec 31, 2024 | 5.47% |
| Sep 30, 2024 | 15.22% |
| Jun 30, 2024 | 11.41% |
| Mar 31, 2024 | 13.02% |
| Dec 31, 2023 | 13.31% |
| Sep 30, 2023 | 6.75% |
| Jun 30, 2023 | 27.63% |
| Mar 31, 2023 | 22.62% |
| Dec 31, 2022 | 18.26% |
| Sep 30, 2022 | 18.78% |
| Jun 30, 2022 | -15.71% |
| Mar 31, 2022 | -5.96% |
| Dec 31, 2021 | -8.75% |
| Sep 30, 2021 | 2.87% |
White Mountains Insurance Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=WTM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=WTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();