White Mountains Insurance (WTM) Share-based Compensation (2017 - 2026)
White Mountains Insurance (WTM) reported Share-based Compensation of $5.4 million for Q2 2026, up 10.2% from $4.9 million a year earlier and up 31.7% from the prior quarter.
White Mountains Insurance (WTM) Share-based Compensation (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, White Mountains Insurance's Share-based Compensation came in at $19.3 million, up 10.3% year-over-year; for FY2025, it was $18.5 million, up 13.5% from FY2024.
- Share-based Compensation has increased for three consecutive years, with a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- By year, Share-based Compensation came in at $16.3 million in FY2024 (+6.5%), $15.3 million in FY2023 (+9.3%), $14 million in FY2022 (-4.8%) and $14.7 million in FY2021 (-11.4%).
- The Q2 2026 figure ranks as the highest quarterly Share-based Compensation since Q2 2017.
- Year over year, Share-based Compensation has now increased in each of the last 17 quarters, with growth averaging 11.4% over the last eight quarters.
- The high point for year-over-year Share-based Compensation in five years was Q1 2025 (growth of 18.8%); the low point was Q1 2022 (a decline of 27.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $4.1 million (Q1 2026), $4.9 million (Q4 2025) and $4.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (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 | 36.00 Mn |
| 4 | Marsh & Mclennan Companies | 80.80 Bn | 72.54 Bn | - | 96.00 Mn |
| 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 | - | 24.00 Mn |
| 9 | Allstate | 57.81 Bn | 19.06 Bn | 8.73 Bn | - |
| 10 | White Mountains Insurance | 4.81 Bn | -5.87 Bn | 764.50 Mn | 5.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.40 Mn |
| Mar 31, 2026 | 4.10 Mn |
| Dec 31, 2025 | 4.90 Mn |
| Sep 30, 2025 | 4.90 Mn |
| Jun 30, 2025 | 4.90 Mn |
| Mar 31, 2025 | 3.80 Mn |
| Dec 31, 2024 | 4.50 Mn |
| Sep 30, 2024 | 4.30 Mn |
| Jun 30, 2024 | 4.30 Mn |
| Mar 31, 2024 | 3.20 Mn |
| Dec 31, 2023 | 4.10 Mn |
| Sep 30, 2023 | 4.00 Mn |
| Jun 30, 2023 | 4.10 Mn |
| Mar 31, 2023 | 3.10 Mn |
| Dec 31, 2022 | 3.70 Mn |
| Sep 30, 2022 | 3.80 Mn |
| Jun 30, 2022 | 3.60 Mn |
| Mar 31, 2022 | 2.90 Mn |
| Dec 31, 2021 | 3.60 Mn |
| Sep 30, 2021 | 3.60 Mn |
White Mountains Insurance Share-based Compensation 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=share-based-compensation&ticker=WTM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=WTM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();