Overview Financials News + Filings Key Docs Charts Transactions Holdings Ownership Insiders
|
|
WHITE MOUNTAINS INSURANCE GROUP LTD (WTM)
|
|
| Income Statement |
|
|
|
|
Annual | Quarterly | TTM |
|
| In millions, except per share items | Jun-30-23 | Mar-31-23 | Dec-31-22 | Sep-30-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 |
| | 10-Q | 10-Q | 8-K | 10-Q | 10-Q | 10-Q | 10-K | 10-Q |
| Revenues: |
| Other Operations | 206.9 | 88.2 | | 34.0 | | -74.0 | -146.3 | |
| Other | 1,086.6 | 903.6 | | 807.9 | | 293.8 | 117.0 | |
| Total revenues | 1,293.5 | 991.8 | 720.3 | 841.9 | 261.1 | 293.8 | 117.0 | 79.0 |
| Revenue growth | 395.4% | 237.6% | 515.6% | 965.7% | -25.7% | -8.8% | -61.9% | -72.4% |
| Loss and loss adjustment expenses | 609.2 | 562.2 | 536.4 | 523.2 | 438.7 | 370.8 | 314.8 | 247.8 |
| Investment expenses | 1.8 | 1.8 | | 2.3 | 2.1 | 2.3 | 2.3 | 1.9 |
| Other operating expenses | 328.1 | 327.5 | 304.0 | 506.1 | 345.7 | 52.2 | 49.1 | -236.3 |
| General and administrative | 403.5 | 402.1 | 376.0 | 383.2 | 348.0 | 246.8 | 315.3 | 310.7 |
| EBITDA | | | | -111.9 | -467.2 | -117.2 | -250.6 | 60.9 |
| EBITDA margin | | | | -13.3% | -178.9% | -39.9% | -214.2% | 77.1% |
| Depreciation | | | | 19.2 | 1.0 | 3.4 | 2.7 | -1.3 |
| EBITA | 479.8 | 217.8 | -13.8 | -131.1 | -468.2 | -120.6 | -253.3 | 62.2 |
| EBITA margin | 37.1% | 22.0% | -1.9% | -15.6% | -179.3% | -41.0% | -216.5% | 78.7% |
| Amortization of intangibles | | | 3.1 | 15.1 | | | 31.6 | 31.1 |
| EBIT | 476.7 | 214.7 | -16.9 | -146.2 | -481.9 | -143.0 | -284.9 | 31.1 |
| EBIT margin | 36.9% | 21.6% | -2.3% | -17.4% | -184.6% | -48.7% | -243.5% | 39.4% |
| Interest income, net [+] | 25.2 | 21.1 | 30.4 | 39.8 | 33.7 | 32.7 | 38.9 | 54.4 |
| Interest expense | 39.9 | 35.8 | 27.7 | 52.0 | 45.9 | 44.9 | 51.1 | 45.3 |
| Interest income | 65.1 | 56.9 | 58.1 | 91.8 | 79.6 | 77.6 | 90.0 | 99.7 |
| Pre-tax income | 314.5 | 64.5 | -149.4 | -241.7 | -571.3 | -176.4 | -300.3 | 20.3 |
| Income taxes | 72.2 | 56.0 | 41.4 | -29.4 | 6.6 | 52.4 | 45.6 | -68.7 |
| Tax rate | 23.0% | 86.8% | -27.7% | 12.2% | -1.2% | -29.7% | | |
| Minority interest | -34.5 | -73.1 | -122.6 | -1.3 | 4.9 | 39.9 | 46.5 | 21.1 |
| Earnings from continuing ops | 1,142.5 | 730.7 | 568.8 | 920.7 | -727.1 | -196.4 | -437.2 | -359.9 |
| Earnings from discontinued ops | | | | 16.4 | 15.4 | 9.0 | | 22.5 |
| Net income | 1,148.8 | 743.4 | 585.2 | 937.1 | -711.7 | -187.4 | -413.2 | -337.4 |
| Net margin | 88.8% | 75.0% | 81.2% | 111.3% | -272.6% | -63.8% | -353.2% | -427.1% |
| |
| Basic EPS | $577.09 | $350.67 | $259.35 | $311.70 | ($242.12) | ($64.70) | ($142.96) | ($117.31) |
| Diluted EPS | $577.09 | $350.67 | $259.35 | $311.70 | ($242.12) | ($64.70) | ($142.96) | ($117.31) |
| |
| Shares outstanding (basic) | 2.0 | 2.1 | | 3.0 | 3.0 | 3.0 | 3.1 | 3.1 |
| Shares outstanding (diluted) | 2.0 | 2.1 | | 3.0 | 3.0 | 3.0 | 3.1 | 3.1 |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|