White Mountains Insurance Group Ltd (WTM) Financials

The income statement for White Mountains Insurance Group Ltd (WTM) provides a snapshot of the company's financial performance over a specific period. It includes figures such as revenue, expenses, and net income. In recent years, WTM has shown consistent growth in its total revenue. This indicates the company's ability to generate higher sales and expand its business. WTM's gross profit, which is calculated by subtracting the cost of goods sold from revenue, has also seen a positive trend. This suggests that the company effectively manages its costs and maintains a healthy profit margin.

EBIT, which stands for earnings before interest and taxes, is an important measure of a company's profitability. WTM's EBIT has also shown consistent growth over the years, indicating its ability to generate profits from its core operations. EBITDA, or earnings before interest, taxes, depreciation, and amortization, is another important indicator of financial health. WTM's EBITDA has been strong, suggesting that the company has been able to generate cash flow from its operations while also managing its debt obligations.