# White Mountains Insurance Group (WTM) — Earnings

WTM · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/wtm/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q4 2025 |
| Period end | Dec 31, 2025 |
| EPS actual | $327.23 |
| EPS estimate | $379.45 |
| EPS surprise | −13.76% |
| Revenue surprise | +0.00% |
| Revenue | $0.00 |
| Revenue estimate | $0.00 |
| Reported | Feb 6, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/776867/000162828026005947/wtm-20260206.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/format/12d1bd6e-2c22-815b-26a7-68368694435b.html) |

White Mountains reported Q4 2025 results on February 6, 2026. Earnings per share were $327.23, below the $379.45 estimate by 13.76%. The table gives no revenue figures or estimates for this company. A year earlier, in Q4 2024, White Mountains posted a loss of $50.78 per share, so the latest quarter was a swing to a large profit.

Q4 2025 is the highest EPS here, and the largest loss was $120.18 per share in Q3 2021. Six of the 20 quarters shown were losses, the most recent in Q4 2024. Annual EPS was a loss of $95.08 per share in 2021 and $33.65 in 2022, then a profit of $198.54 in 2023 and $89.99 in 2024. With no Q3 2025 row, 2025 has no full total. Estimates have often been far off: White Mountains beat in nine of the 20 quarters and missed in 11, including the two most recent.

The table has no results after Q4 2025. In past years, Q1 results came in early May, Q2 in early August and Q3 in early November. The next report will show whether the profit of late 2025 carried into 2026.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q4 2025 | Feb 6, 2026 | $379.45 | $327.23 | -13.76% | — | — |
| Q2 2025 | Aug 7, 2025 | $57.00 | $47.75 | -16.23% | — | — |
| Q1 2025 | May 7, 2025 | −$14.00 | $13.19 | 194.21% | — | — |
| Q4 2024 | Feb 7, 2025 | −$33.00 | −$50.78 | -53.88% | — | — |
| Q3 2024 | Nov 6, 2024 | $99.00 | $69.68 | -29.61% | — | — |
| Q2 2024 | Aug 7, 2024 | −$26.00 | −$21.24 | 18.30% | — | — |
| Q1 2024 | May 9, 2024 | $105.00 | $92.33 | -12.06% | — | — |
| Q4 2023 | Feb 7, 2024 | $113.13 | $111.87 | -1.11% | — | — |
| Q3 2023 | Nov 6, 2023 | −$12.00 | $9.19 | 176.56% | — | — |
| Q2 2023 | Aug 7, 2023 | $5.00 | $7.65 | 52.98% | — | — |
| Q1 2023 | May 9, 2023 | $76.00 | $69.83 | -8.11% | — | — |
| Q4 2022 | Feb 7, 2023 | $40.00 | $15.69 | -60.78% | — | — |
| Q3 2022 | Nov 7, 2022 | $270.00 | −$1.66 | -100.61% | — | — |
| Q2 2022 | Aug 8, 2022 | −$55.00 | −$58.78 | -6.88% | — | — |
| Q1 2022 | May 6, 2022 | −$3.50 | $11.10 | 417.30% | — | — |
| Q4 2021 | Feb 8, 2022 | $0.95 | $10.87 | 1045.05% | — | — |
| Q3 2021 | Nov 8, 2021 | −$140.00 | −$120.18 | 14.16% | — | — |
| Q2 2021 | Aug 6, 2021 | $40.00 | $44.56 | 11.41% | — | — |
| Q1 2021 | May 10, 2021 | −$28.00 | −$30.33 | -8.32% | — | — |
| Q4 2020 | Feb 5, 2021 | $113.04 | $158.19 | 39.94% | — | — |

## Frequently Asked Questions

### When did White Mountains Insurance Group (WTM) last report earnings?

White Mountains Insurance Group last reported on Feb 6, 2026, covering fiscal Q4 2025.

### Did WTM beat earnings estimates?

No. White Mountains Insurance Group reported EPS of $327.23 for Q4 2025 against a $379.45 estimate — a 13.76% miss.

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).