White Mountains Insurance Group Full Year 2024 Earnings: EPS: US$89.79 (vs US$199 in FY 2023)

White Mountains Insurance Group (NYSE:WTM) Full Year 2024 Results

Key Financial Results

• Revenue: US$2.35b (up 8.7% from FY 2023).
• Net income: US$230.4m (down 54% from FY 2023).
• Profit margin: 9.8% (down from 23% in FY 2023).
• EPS: US$89.79 (down from US$199 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Ark/WM Outrigger - Ark segment contributing a total revenue of US$1.65b (70% of total revenue). Notably, cost of sales worth US$1.28b amounted to 54% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$490.1m (58% of total expenses). Explore how WTM's revenue and expenses shape its earnings.

White Mountains Insurance Group shares are up 2.6% from a week ago.

Risk Analysis

We should say that we've discovered 2 warning signs for White Mountains Insurance Group that you should be aware of before investing here.

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