WTM (White Mountains Insurance Group) Pre-Tax Income: $1,310 Mil (TTM As of Jun. 2026)

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WTM White Mountains Insurance Group Ltd WTM
74 GF Score
Price $2,044.66
GF Value $2,458.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is White Mountains Insurance Group Pre-Tax Income?

White Mountains Insurance Group WTM -1.51% 74 Pre-Tax Income is $1,310 Mil as of Jun. 2026. GuruFocus rates WTM with a GF Score™ of 74/100 and a GF Value™ of $2,458.00 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. White Mountains Insurance Group's pretax income for the three months ended in Jun. 2026 was $256 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2026 was $1,310 Mil. White Mountains Insurance Group's pretax margin was 30.31%.

During the past 13 years, White Mountains Insurance Group's highest Pretax Margin was 73.74%. The lowest was -93.41%. And the median was 7.77%.


White Mountains Insurance Group  (NYSE:WTM) Pre-Tax Income Explanation

White Mountains Insurance Group's Pretax Margin for the quarter that ended in Jun. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=256/844.6
=30.31%

During the past 13 years, White Mountains Insurance Group's highest Pretax Margin was 73.74%. The lowest was -93.41%. And the median was 7.77%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


White Mountains Insurance Group Pre-Tax Income Related Terms


White Mountains Insurance Group Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for White Mountains Insurance Group's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

White Mountains Insurance Group Pre-Tax Income Chart

White Mountains Insurance Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -273.60 -149.40 565.40 316.70 1,328.70

White Mountains Insurance Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 176.50 178.80 901.00 -25.50 256.00

WTM vs SIGI, MCY, RLI: Pre-Tax Income Comparison

For the Insurance - Property & Casualty subindustry, White Mountains Insurance Group's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


White Mountains Insurance Group Pre-Tax Income vs Insurance Industry

For the Insurance industry and Financial Services sector, White Mountains Insurance Group's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where White Mountains Insurance Group's Pre-Tax Income falls into.


WTM
74GF Score
White Mountains Insurance Group Ltd WTM
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
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White Mountains Insurance Group Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

White Mountains Insurance Group's Pretax Income for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Income=Operating Income+Other
=0+1328.7
=1,329

White Mountains Insurance Group's Pretax Income for the quarter that ended in Jun. 2026 is calculated as

Pretax Income=Operating Income+Other
=0+256
=256

Pre-Tax Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,310 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $1,310 Mil mean?
White Mountains Insurance Group (WTM) has a Pre-Tax Income of $1,310 Mil as of Jun. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on White Mountains Insurance Group and its competitors.
Is White Mountains Insurance Group's Pre-Tax Income too high?
White Mountains Insurance Group's current Pre-Tax Income is $1,310 Mil. Overall, White Mountains Insurance Group has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does White Mountains Insurance Group's Pre-Tax Income compare to SIGI and MCY?
White Mountains Insurance Group's Pre-Tax Income of $1,310 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Insurance company?
A good Pre-Tax Income depends on the Insurance industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on White Mountains Insurance Group and its competitors. White Mountains Insurance Group's current Pre-Tax Income is $1,310 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Mountains Insurance Group stock overvalued right now?
Based on GuruFocus' analysis, White Mountains Insurance Group (WTM) is currently considered Modestly Undervalued. The stock's GF Value™ is $2,458.00, compared to a current price of $2,044.66 — trading 16.8% below its estimated fair value. The current Pre-Tax Income is $1,310 Mil. White Mountains Insurance Group's overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For White Mountains Insurance Group (WTM), the current Pre-Tax Income is $1,310 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is White Mountains Insurance Group (WTM) Overvalued in 2026?

Based on GuruFocus' analysis, White Mountains Insurance Group stock appears to be undervalued. The current stock price of $2,044.66 is trading 16.8% below its estimated GF Value™ of $2,458.00. GuruFocus considers White Mountains Insurance Group to be Modestly Undervalued.

Key valuation signals for WTM:

  • Pre-Tax Income: $1,310 Mil
  • GF Value™: $2,458.00 vs. price of $2,044.66 (16.8% below fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the WTM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


White Mountains Insurance Group Business Description

Other Exchanges WNI:Germany
Address 23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053
White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services, and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in five areas: property and casualty insurance and reinsurance, municipal bond reinsurance, capital solutions for asset and wealth management firms, property and casualty insurance distribution, and other operations. The company has four reportable segments: Ark/WM Outrigger, HG Global, Kudu and Distinguished.
74GF Score

Get the complete analysis for WTM

Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2,044.66
Price
$2,458.00
GF Value