White Mountains Insurance Group, Ltd.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $185.6M | $266.4M | $122.4M | $255.0M | $147.7M | $84.6M | $161.0M | $110.3M |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | — | — | — | — | — | — | — | — |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | $614.1M | $439.2M | $168.8M | $176.5M | $142.3M | $525.5M | $394.7M | $379.9M |
| Intangible Assets (Excl. Goodwill) | $406.1M | $281.1M | $201.8M | $215.9M | $198.2M | $248.3M | $251.4M | $155.4M |
| Total Assets | $12.31B | $9.93B | $8.39B | $7.39B | $7.00B | $4.83B | $3.98B | $3.36B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | — | — | — | — | — | — | — | — |
| Long-Term Debt | $837.0M | $562.5M | $564.6M | $575.2M | $420.9M | $376.4M | $283.5M | $192.7M |
| Total Liabilities | $6.05B | $4.79B | $3.82B | $3.45B | $3.30B | $1.01B | $838.5M | $644.4M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $4.85B | $3.92B | $3.69B | $3.21B | $2.96B | $3.31B | $2.67B | $2.26B |
| Total Stockholders' Equity | $5.43B | $4.48B | $4.24B | $3.75B | $3.55B | $3.91B | $3.26B | $2.84B |