White Mountains Insurance Group Ltd Tangible Net Worth Ratio
White Mountains Insurance Group Ltd tangible net worth ratio. White Mountains Insurance Group Ltd (WTM) has a Tangible Net Worth Ratio of 70.0% as of March 2026. This metric is calculated by deducting intangible assets ($396.40 Million) from net assets ($1.32 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check how strategically is White Mountains Insurance Group Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of White Mountains Insurance Group Ltd (1985–2025)
Tangible net worth ratio of White Mountains Insurance Group Ltd from 1985 to 2025. This chart shows how White Mountains Insurance Group Ltd's Tangible Net Worth Ratio has changed across 40 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 70.0%, reflecting net assets of $1.32 Billion with intangible assets of $396.40 Million USD. See WTM working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
White Mountains Insurance Group Ltd Tangible Net Worth Ratio by Year (1985–2025)
White Mountains Insurance Group Ltd tangible net worth ratio by year from 1985 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for White Mountains Insurance Group Ltd from 1985 to 2025, covering 40 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see White Mountains Insurance Group Ltd market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 78.8% | $6.26 Billion | $1.33 Billion | $12.31 Billion | ▼ -15.8 pp |
| 2024 | 94.5% | $5.13 Billion | $281.10 Million | $9.93 Billion | ▼ -1.1 pp |
| 2023 | 95.6% | $4.56 Billion | $201.80 Million | $8.39 Billion | ▲ +5.5 pp |
| 2022 | 90.0% | $3.94 Billion | $392.40 Million | $7.39 Billion | ▼ -0.8 pp |
| 2021 | 90.8% | $3.70 Billion | $340.50 Million | $7.00 Billion | ▲ +11.3 pp |
| 2020 | 79.5% | $3.82 Billion | $782.40 Million | $4.83 Billion | ▼ -12.2 pp |
| 2019 | 91.7% | $3.14 Billion | $260.00 Million | $3.98 Billion | ▼ -2.5 pp |
| 2018 | 94.2% | $2.72 Billion | $157.60 Million | $3.36 Billion | ▼ -4.7 pp |
| 2017 | 98.9% | $3.36 Billion | $36.20 Million | $3.66 Billion | ▼ -0.4 pp |
| 2016 | 99.4% | $3.74 Billion | $24.20 Million | $6.54 Billion | ▲ +3.7 pp |
| 2015 | 95.7% | $4.37 Billion | $187.80 Million | $10.28 Billion | ▲ +0.1 pp |
| 2014 | 95.6% | $4.54 Billion | $197.50 Million | $10.46 Billion | ▲ +0.1 pp |
| 2013 | 95.6% | $4.40 Billion | $195.40 Million | $12.14 Billion | ▲ +0.1 pp |
| 2012 | 95.4% | $4.26 Billion | $195.30 Million | $12.90 Billion | ▼ -4.1 pp |
| 2011 | 99.5% | $4.67 Billion | $22.80 Million | $14.06 Billion | ▲ +0.8 pp |
| 2010 | 98.7% | $4.26 Billion | $56.00 Million | $14.53 Billion | ▼ 0.0 pp |
| 2009 | 98.7% | $4.34 Billion | $55.40 Million | $15.44 Billion | ▼ -0.7 pp |
| 2008 | 99.4% | $3.50 Billion | $19.50 Million | $15.90 Billion | ▲ +0.2 pp |
| 2007 | 99.3% | $5.58 Billion | $40.40 Million | $19.11 Billion | ▲ +0.1 pp |
| 2006 | 99.1% | $5.06 Billion | $43.90 Million | $19.44 Billion | ▲ +0.4 pp |
| 2005 | 98.7% | $3.83 Billion | $48.70 Million | $19.42 Billion | ▼ -1.3 pp |
| 2004 | 100.0% | $3.88 Billion | $0.00 | $19.02 Billion | ▲ +0.0 pp |
| 2003 | 100.0% | $2.98 Billion | $0.00 | $15.88 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | $2.81 Billion | $0.00 | $16.03 Billion | ▲ +2.4 pp |
| 2000 | 97.6% | $1.05 Billion | $25.40 Million | $3.55 Billion | ▼ -2.4 pp |
| 1999 | 100.0% | $614.00 Million | $0.00 | $2.05 Billion | ▲ +24.2 pp |
| 1998 | 75.8% | $702.50 Million | $170.00 Million | $2.16 Billion | ▲ +1.6 pp |
| 1997 | 74.2% | $702.90 Million | $181.00 Million | $2.01 Billion | ▲ +30.5 pp |
| 1996 | 43.8% | $731.00 Million | $411.00 Million | $1.98 Billion | ▼ -2.8 pp |
| 1995 | 46.6% | $743.70 Million | $397.00 Million | $1.87 Billion | ▼ -53.4 pp |
| 1994 | 100.0% | $761.10 Million | $0.00 | $1.81 Billion | ▲ +0.0 pp |
| 1993 | 100.0% | $905.00 Million | $0.00 | $3.31 Billion | ▲ +0.0 pp |
| 1992 | 100.0% | $988.30 Million | $0.00 | $3.13 Billion | ▲ +0.0 pp |
| 1991 | 100.0% | $1.50 Billion | $0.00 | $2.96 Billion | ▲ +0.0 pp |
| 1990 | 100.0% | $1.59 Billion | $0.00 | $12.43 Billion | ▲ +0.0 pp |
| 1989 | 100.0% | $1.94 Billion | $0.00 | $11.72 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $1.54 Billion | $0.00 | $11.19 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $1.51 Billion | $0.00 | $9.60 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $1.56 Billion | $0.00 | $9.18 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $1.34 Billion | $0.00 | $7.99 Billion | — |