White Mountains Insurance Group annual net debt
2009
2010
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2021
2022
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2024
2025
White Mountains Insurance Group Net Debt Growth & History (WTM)
White Mountains Insurance Group's net debt was $707.6M for fiscal 2025.
View full White Mountains Insurance Group company overviewWhite Mountains Insurance Group annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $707.6M | $376.0M | +113.39% |
| 2024 | 2024-12-31 | $331.6M | −$132.6M | −28.57% |
| 2023 | 2023-12-31 | $464.2M | $116.9M | +33.66% |
| 2022 | 2022-12-31 | $347.3M | $44.1M | +14.54% |
| 2021 | 2021-12-31 | $303.2M | −$26.9M | −8.15% |
| 2020 | 2020-12-31 | $330.1M | $184.8M | +127.19% |
| 2019 | 2019-12-31 | $145.3M | $62.9M | +76.33% |
| 2018 | 2018-12-31 | $82.4M | $155.7M | — |
| 2017 | 2017-12-31 | −$73.3M | −$5.8M | — |
| 2016 | 2016-12-31 | −$67.5M | −$327.3M | — |
| 2015 | 2015-12-31 | $259.8M | $62.4M | +31.61% |
| 2014 | 2014-12-31 | $197.4M | −$245.5M | −55.43% |
| 2013 | 2013-12-31 | $442.9M | −$189.4M | −29.95% |
| 2012 | 2012-12-31 | $632.3M | $206.7M | +48.57% |
| 2011 | 2011-12-31 | $425.6M | −$289.6M | −40.49% |
| 2010 | 2010-12-31 | $715.2M | −$215.6M | −23.16% |
| 2009 | 2009-12-31 | $930.8M | — | — |
White Mountains Insurance Group quarterly net debt
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q1.13
Q2.13
Q3.13
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Q2.14
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Q3.17
Q4.17
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Q2.18
Q3.18
Q4.18
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Q2.19
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Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $804.7M | $447.9M | +125.53% |
| Q1 2026 | 2026-03-31 | $697.8M | $333.7M | +91.65% |
| Q4 2025 | 2025-12-31 | $707.6M | $376.0M | +113.39% |
| Q3 2025 | 2025-09-30 | $396.2M | $197.3M | +99.20% |
| Q2 2025 | 2025-06-30 | $356.8M | $81.8M | +29.75% |
| Q1 2025 | 2025-03-31 | $364.1M | $57.3M | +18.68% |
| Q4 2024 | 2024-12-31 | $331.6M | −$132.6M | −28.57% |
| Q3 2024 | 2024-09-30 | $198.9M | −$203.0M | −50.51% |
| Q2 2024 | 2024-06-30 | $275.0M | −$136.6M | −33.19% |
| Q1 2024 | 2024-03-31 | $306.8M | −$46.8M | −13.24% |
| Q4 2023 | 2023-12-31 | $464.2M | $116.9M | +33.66% |
| Q3 2023 | 2023-09-30 | $401.9M | $5.6M | +1.41% |
| Q2 2023 | 2023-06-30 | $411.6M | $148.7M | +56.56% |
| Q1 2023 | 2023-03-31 | $353.6M | −$168.6M | −32.29% |
| Q4 2022 | 2022-12-31 | $347.3M | $44.1M | +14.54% |
| Q3 2022 | 2022-09-30 | $396.3M | −$176.0M | −30.75% |
| Q2 2022 | 2022-06-30 | $262.9M | −$41.3M | −13.58% |
| Q1 2022 | 2022-03-31 | $522.2M | $540.0M | — |
| Q4 2021 | 2021-12-31 | $303.2M | −$26.9M | −8.15% |
| Q3 2021 | 2021-09-30 | $572.3M | $388.6M | +211.54% |
| Q2 2021 | 2021-06-30 | $304.2M | $131.5M | +76.14% |
| Q1 2021 | 2021-03-31 | −$17.8M | −$199.3M | — |
| Q4 2020 | 2020-12-31 | $330.1M | $184.8M | +127.19% |
| Q3 2020 | 2020-09-30 | $183.7M | $79.4M | +76.13% |
| Q2 2020 | 2020-06-30 | $172.7M | $68.4M | +65.58% |
| Q1 2020 | 2020-03-31 | $181.5M | $96.5M | +113.53% |
| Q4 2019 | 2019-12-31 | $145.3M | $62.9M | +76.33% |
| Q3 2019 | 2019-09-30 | $104.3M | $52.2M | +100.19% |
| Q2 2019 | 2019-06-30 | $104.3M | $65.8M | +170.91% |
| Q1 2019 | 2019-03-31 | $85.0M | $183.7M | — |
| Q4 2018 | 2018-12-31 | $82.4M | $155.7M | — |
| Q3 2018 | 2018-09-30 | $52.1M | $91.3M | — |
| Q2 2018 | 2018-06-30 | $38.5M | $81.2M | — |
| Q1 2018 | 2018-03-31 | −$98.7M | −$338.0M | — |
| Q4 2017 | 2017-12-31 | −$73.3M | −$5.8M | — |
| Q3 2017 | 2017-09-30 | −$39.2M | −$216.5M | — |
| Q2 2017 | 2017-06-30 | −$42.7M | −$270.4M | — |
| Q1 2017 | 2017-03-31 | $239.3M | −$128.0M | −34.85% |
| Q4 2016 | 2016-12-31 | −$67.5M | −$327.3M | — |
| Q3 2016 | 2016-09-30 | $177.3M | −$33.0M | −15.69% |
| Q2 2016 | 2016-06-30 | $227.7M | −$347.0M | −60.38% |
| Q1 2016 | 2016-03-31 | $367.3M | −$202.2M | −35.50% |
| Q4 2015 | 2015-12-31 | $259.8M | $62.4M | +31.61% |
| Q3 2015 | 2015-09-30 | $210.3M | −$72.4M | −25.61% |
| Q2 2015 | 2015-06-30 | $574.7M | $200.4M | +53.54% |
| Q1 2015 | 2015-03-31 | $569.5M | $208.3M | +57.67% |
| Q4 2014 | 2014-12-31 | $197.4M | −$245.5M | −55.43% |
| Q3 2014 | 2014-09-30 | $282.7M | −$57.0M | −16.78% |
| Q2 2014 | 2014-06-30 | $374.3M | −$14.9M | −3.83% |
| Q1 2014 | 2014-03-31 | $361.2M | −$92.0M | −20.30% |
| Q4 2013 | 2013-12-31 | $442.9M | −$189.4M | −29.95% |
| Q3 2013 | 2013-09-30 | $339.7M | −$129.4M | −27.58% |
| Q2 2013 | 2013-06-30 | $389.2M | $163.2M | +72.21% |
| Q1 2013 | 2013-03-31 | $453.2M | $21.3M | +4.93% |
| Q4 2012 | 2012-12-31 | $632.3M | $206.7M | +48.57% |
| Q3 2012 | 2012-09-30 | $469.1M | −$35.5M | −7.04% |
| Q2 2012 | 2012-06-30 | $226.0M | −$309.7M | −57.81% |
| Q1 2012 | 2012-03-31 | $431.9M | −$232.0M | −34.95% |
| Q4 2011 | 2011-12-31 | $425.6M | −$289.6M | −40.49% |
| Q3 2011 | 2011-09-30 | $504.6M | −$220.3M | −30.39% |
| Q2 2011 | 2011-06-30 | $535.7M | −$194.0M | −26.59% |
| Q1 2011 | 2011-03-31 | $663.9M | — | — |
| Q4 2010 | 2010-12-31 | $715.2M | −$186.6M | −20.69% |
| Q3 2010 | 2010-09-30 | $724.9M | — | — |
| Q2 2010 | 2010-06-30 | $729.7M | — | — |
| Q4 2009 | 2009-12-31 | $901.8M | — | — |
White Mountains Insurance Group net debt trends
Over the last five fiscal years, White Mountains Insurance Group's net debt increased from $330.1M to $707.6M, a change of $377.5M. The latest reported quarter, Q2 2026, shows $804.7M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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