Willis Towers Watson Public Limited Company

Willis Towers Watson Public Limited Company

WTW
Willis Towers Watson Public Limited CompanyUS flagNASDAQ Global Select
309.81
USD
+12.72
- -
28.77BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
55.01
56.58
56.31
57.57
60.76
64.98
64.38
66.27
70.3
79.16
90.31
97.35
99.06
105.5
Basic EPS, GAAP
5.49
5.39
5.49
3.07
4.21
5.31
8.03
7.66
32.98
9.01
10.05
-0.96
16.38
16.34
Free Cash Flow per Basic Share
6.65
5.36
1.26
5.22
4.16
7.79
6.42
11.93
14.95
6.02
10.5
12.42
15.78
17.64
Dividend per Share
2.9
3.13
4.07
1.45
2.05
2.34
2.53
2.66
2.92
3.29
3.35
3.47
3.65
3.73
Book Value per Share
32.81
29.43
32.49
73.85
76.63
76.42
79.64
83.9
108.64
93.82
92.84
79.55
83.89
82.66
Tangible Book Value per Share
-14.46
-20.79
-38.23
-34.6
-32.35
-30.65
-34.37
-19.86
4.28
-22.76
-26.24
-21.58
-22.12
-37.54
Basic Weighted Avg Shares
66
67
68
137
135
131
130
130
128
112
105
102
98
96
Sales/Revenue/Turnover
3,655
3,802
3,829
7,887
8,202
8,513
8,370
8,615
8,998
8,866
9,483
9,930
9,708
10,102
Operating Margin (%)
18.14
17.96
16.64
9.1
11.18
11.88
12.75
11.53
15.8
17.36
19.18
21.54
23.25
23.45
Depreciation Expense
149
146
171
769
833
747
729
770
650
567
505
456
418
424
Net Income, GAAP
365
362
373
420
568
695
1,044
996
4,222
1,009
1,055
-98
1,605
1,565
Effective Tax Rate (%)
24.45
30.69
- -
- -
- -
15.98
18.83
24.63
19.91
15.42
16.85
188.24
16.28
20
Profit Margin (%)
9.99
9.52
9.74
5.33
6.93
8.16
12.47
11.56
46.92
11.38
11.13
-0.99
16.53
15.49
Working Capital
987
628
-298
422
1,106
1,119
967
969
3,764
1,056
803
2,507
2,870
1,500
LT Debt
2,494
2,301
2,453
3,490
4,616
4,538
6,287
5,600
4,723
5,103
5,166
5,813
6,228
6,235
Total Equity
2,243
2,066
2,413
10,234
10,277
9,997
10,369
10,932
13,308
10,093
9,593
8,017
8,052
7,770
Return on Invested Capital (%)
10.91
9.99
- -
- -
- -
5.69
5.4
4.28
6.2
7.51
9.66
-12.69
12.92
13.11
Return on Capital (%)
9.96
9.57
- -
- -
- -
5.72
7.56
6.64
24.02
6.81
7.98
-2.31
12.56
12.3
Return on Common Equity (%)
18.65
17.24
17.7
6.83
5.63
6.96
10.39
9.45
35.07
8.67
10.8
-1.12
20.17
19.83

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
675
117
866
LT Borrowings
5,756
6,304
5,781
LT Finance Leases
472
485
454
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
95
94
93
Market Capitalization
31,243
27,407
24,308

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,874
16,085
16,745
Cash, Cash Equivalents & STI
3,165
1,855
1,661
Accounts Receivable, Net
1,833
1,836
1,851
Inventories
- -
- -
- -
Total Current Liabilities
14,004
13,547
15,245
Payables & Accruals
1,573
1,697
1,058
ST Debt
675
117
866
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
30.76%
-4.67%
0.44%
Free Cash Flow
91.82%
11.82%
22.02%
Net Income, GAAP
-147.89%
-318.94%
-1,737.76%
Sales/Revenue/Turnover
12.74%
2.48%
-2.24%
Total Cash Common Dividend
3.8%
0.77%
1.13%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,341
2,265
2,289
3,035
9,930
2025
2,223
2,261
2,288
2,936
9,708
2026
2,412
2,466
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.84
1.37
-16.42
12.34
-0.96
2025
2.35
3.34
3.1
7.66
16.38
2026
3.13
2.44
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
0.87
0.87
0.88
3.47
2025
0.88
0.92
0.92
0.93
3.65
2026
0.93
0.96
- -
- -
- -

Company Description

CEO
Carl Aaron Hess
Full Time Employees
48,100
Sector
Financial Services
Industry
Insurance - Brokers
Address
51 Lime Street London GL United Kingdom EC3M 7DQ
IPO Date
Jun 12, 2001
Website
wtwco.com
Business
Willis Towers Watson Public Limited Company (WTW) is a global advisory, broking and solutions company that helps clients sharpen their perspective on people, risk and capital; it operates primarily through two segments, Health, Wealth & Career and Risk & Broking. Health, Wealth & Career offers benefits administration and technology solutions, health and benefits brokerage, retirement and actuarial consulting, investment advice for institutional investors including pension funds, and human capital and rewards services such as compensation programs and career advisory; Risk & Broking encompasses Corporate Risk & Broking for placing commercial, specialty and liability risks including cyber and emerging risks for corporate and institutional clients, and Insurance Consulting and Technology featuring advisory services to insurers plus software platforms like Radar for pricing, ResQ for reserving and Igloo for capital modelling. The company serves clients ranging from small businesses and multinationals to insurers and institutional investors across industries including financial services, healthcare, technology, manufacturing and public sector; it maintains a global footprint with operations in over 140 countries, generating 55 percent of revenue from North America, 34 percent from Europe and 11 percent from international markets. Founded through mergers tracing origins to 1828 for Willis Group in London and 1878 for actuarial predecessor Watson & Sons, WTW formed in 2016 from the combination of Willis Group and Towers Watson and is headquartered at the Willis Building in London with legal domicile in Ireland. Recent developments include the December 2025 announcement of its acquisition of FlowStone Partners, a private equity secondaries firm, to expand private markets access for individual wealth and institutional clients with completion expected in early 2026; the January 2025 completion of the TRANZACT direct-to-consumer unit sale; the launch of Radar Fusion in December 2025 to streamline commercial underwriting; and a partnership with NATS announced at Dubai Airshow 2025 for risk and resilience advisory in global aviation.

Company News

  • U.S. workers are healthier, but less financially secure, WTW research finds

  • AI emerges as a top strategic priority for asset owners

  • Can AI Products and Automation Drive WTW's Growth and Higher Margins?

  • WTW brings AI-powered job matching to Rewards AI

  • Can Willis Towers' Growth Momentum Continue Amid Soft Pricing?

  • Global M&A market hits new high as bigger deals dominate

  • Uncertainty about future skills is emerging as the next workforce risk, says WTW

  • Commercial property rates post sharpest decline in a decade, Willis report finds

  • WTW Confirms Change in Ownership of Al-Futtaim Willis

  • WTW and Sapien Software partner to provide HR and deal intelligence for global mid-market divestitures and M&A

  • Nearly US$100 trillion of investment will depend on decisions made under uncertainty, says new Willis report

  • Willis launches RiskIQ Nexus, giving organizations a single trusted view of risk and insurance data to drive greater value

  • WTW releases game-changing AI Assistant for insurance portfolio management to unlock faster insights

  • WTW and Softtek partner to help organizations scale AI workforce transformation

  • Warren Buffett's Succession Triggers Search for His Spiritual Successors

  • WTW announces new global agreement to deploy Radar

  • Insurers using facultative reinsurance to fuel a drive for growth, according to Willis survey

  • WTW Stock Trading at a Discount to Industry at 14.73X: Time to Hold?

  • 5 Dividend Stocks Delivering Rock Solid Fourth-Quarter Income

  • Willis: Power companies must strengthen resilience as electrification drives a new wave of industrial growth