Market cap
$4.8bn
Earnings yield vs 10-yr compares what the business earns per pound invested against the 5.28% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.
Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.
The following discussion also includes eleven non-GAAP financial measures: (i) Ark’s tangible book value, (ii) Ark’s growth in tangible book value, (iii) Ark’s tangible capital, (iv) Kudu’s earnings before interest, taxes, depreciation and amortization (“EBITDA”) , (v) Kudu’s adjusted EBITDA, (vi) Distinguished’s ScaleCo net income (loss), (vii) Distinguished’s ScaleCo EBITDA, (viii) Distinguished’s ScaleCo adjusted EBITDA, (ix) WTM Partners’s EBITDA, (x) WTM Partners’s adjusted EBITDA and (xi) total consolidated portfolio return excluding MediaAlpha. …WHITE MOUNTAINS INSURANCE GROUP LTD, 10-Q, period ended 2026-06-30, filed 2026-08-06