White Mountains Insurance Group, Ltd.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $373.8M | $157.7M | $440.0M | $1.41B | $1.36B | $2.44B | $2.17B | $2.33B |
| Cost of Revenue | $139.4M | $102.0M | $93.6M | — | — | — | — | — |
| Gross Profit | $234.4M | $55.7M | $346.4M | — | — | — | — | — |
| Gross Margin | 62.7% | 35.3% | 78.7% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $208.0M | $175.5M | $200.7M | $216.5M | $149.1M | $182.2M | $175.3M | $155.0M |
| Operating Income | $10.1M | $-144.3M | $130.8M | $-15.2M | $174.8M | $307.6M | $153.2M | $246.6M |
| Operating Margin | 2.7% | -91.5% | 29.7% | -1.1% | 12.8% | 12.6% | 7.0% | 10.6% |
| Interest Expense | $2.3M | $3.0M | $1.6M | $14.2M | $16.2M | $44.8M | $55.2M | $57.3M |
| Pretax Income | $7.8M | $-147.3M | $129.2M | $-29.4M | $158.6M | $262.8M | $98.0M | $189.3M |
| Income Tax Expense | $-7.8M | $-32.9M | $12.7M | $-14.8M | $32.6M | $-15.7M | $-110.0M | $29.6M |
| Net Income | $593.1M | $409.0M | $276.7M | $290.0M | $309.1M | $193.4M | $809.4M | $86.5M |
| Net Margin | 158.7% | 259.4% | 62.9% | 20.6% | 22.7% | 7.9% | 37.2% | 3.7% |
| EPS (Basic) | $146.06 | $80.11 | $50.20 | $51.13 | $51.85 | $30.50 | $97.44 | $10.12 |
| EPS (Diluted) | $146.06 | $80.06 | $50.20 | $51.13 | $51.85 | $30.50 | $97.44 | $10.12 |
| Shares Outstanding (Basic) | 4.2M | 5.0M | 5.8M | 6.0M | 6.1M | 6.7M | 7.8M | 8.5M |
| Shares Outstanding (Diluted) | 4.2M | 5.0M | 5.8M | 6.0M | 6.1M | 6.7M | 7.8M | 8.5M |
| Dividends Per Share | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 | $1.00 |