Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $158M | $374M | $369M | $893M | $896M | $614M | $1.16B | $2.17B | $2.24B | $3.73B |
| Revenue growth | — | 137.0% | -1.3% | 142.0% | 0.2% | -31.4% | 88.5% | 87.1% | 3.4% | 66.8% |
| Net income | $409M | $593M | -$191M | $377M | $663M | -$275M | $793M | $509M | $230M | $1.11B |
| Net margin | 259.4% | 158.7% | -51.9% | 42.2% | 74.1% | -44.8% | 68.5% | 23.5% | 10.3% | 29.6% |
| EPS (diluted) | $80.06 | $146.06 | -$41.76 | $130.27 | $226.97 | -$89.46 | $276.96 | $198.60 | $89.79 | $430.14 |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$155M | $94.6M | -$31.1M | -$121M | -$60.6M | $38.6M | $365M | $404M | $587M | $551M |
| Share buybacks | $881M | $715M | $512M | $0.00 | $85.2M | $108M | $616M | $32.7M | $7.90M | $203M |
| Dividends paid | $5.40M | $4.60M | $3.80M | $3.20M | $3.20M | $3.10M | $3.00M | $2.60M | $2.50M | $2.60M |
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $80.2M | $97.1M | $110M | $71.0M | $84.6M | $148M | $255M | $122M | $266M | $186M |
| Total assets | $6.52B | $3.66B | $3.36B | $3.98B | $4.83B | $7.00B | $7.39B | $8.39B | $9.93B | $12.3B |
| Total liabilities | $2.80B | $298M | $644M | $839M | $1.01B | $3.30B | $3.45B | $3.82B | $4.79B | $6.05B |
| Long-term debt | $12.7M | $23.8M | $193M | $284M | $376M | $421M | $575M | $565M | $563M | $837M |
| Shareholders' equity | $3.58B | $3.49B | $2.84B | $3.26B | $3.91B | $3.55B | $3.75B | $4.24B | $4.48B | $5.43B |
| Retained earnings | $2.78B | $2.82B | $2.26B | $2.67B | $3.31B | $2.96B | $3.21B | $3.69B | $3.92B | $4.85B |
| Shares (wtd avg diluted) | 4.95M | 4.24M | 3.34M | 3.14M | 3.08M | 3.04M | 2.83M | 2.53M | 2.53M | 2.53M |
Every figure is extracted from WHITE MOUNTAINS INSURANCE GROUP LTD’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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