WTW · Willis Towers Watson PLC
$316.03
-0.13 (-0.04%)
At close · Jul 29
Market Cap
$29.86B
Shares
94.45M
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$9.71B
-2.2%
FY2025
Net Income
$1.61B
+1737.8%
FY2025
Operating Margin
23.01%
+16.7pp
FY2025
Diluted EPS
$16.26
+1793.8%
FY2025
Operating Cash Flow
$1.78B
+17.4%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $9.9B | $9.71B | $9.93B | $9.48B | $8.87B | $9B | $8.62B | $8.37B | $8.51B | $8.2B | $7.89B | $3.83B | $3.8B | $3.66B | $3.48B | $3.45B | $3.33B | $3.25B | $2.83B | |
| $192M | $192M | $226M | $263M | $312M | $369M | $461M | $488M | $534M | $581M | $591M | $76M | $54M | $55M | $59M | $68M | $82M | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | $171M | $146M | $149M | -$79M | $142M | $145M | $164M | — | |
| — | $0 | $61M | $68M | $99M | $26M | $24M | $0 | $0 | $132M | $193M | $126M | $36M | — | — | — | — | — | — | |
| $7.57B | — | — | — | — | — | — | — | $7.7B | $7.69B | $7.54B | $3.4B | $3.16B | $2.99B | $3.71B | $2.88B | $2.58B | $2.56B | $2.32B | |
| $7.65B | $7.47B | $9.3B | $8.12B | $7.69B | $6.8B | $7.76B | $7.32B | $7.7B | $7.69B | $7.54B | — | — | — | — | — | — | — | — | |
| $2.25B | $2.23B | $627M | $1.37B | $1.18B | $2.2B | $859M | $1.05B | $809M | $516M | $348M | $427M | $647M | $663M | -$225M | $566M | $753M | $690M | $503M | |
| — | 23.01% | 6.31% | 14.39% | 13.29% | 24.47% | 9.97% | 12.59% | 9.5% | 6.29% | 4.41% | 11.15% | 17.02% | 18.14% | -6.47% | 16.42% | 22.6% | 21.21% | 17.79% | |
| — | — | — | — | — | — | — | — | — | — | — | $598M | $793M | $812M | -$304M | $708M | $898M | $854M | — | |
| $272M | $260M | $263M | $235M | $208M | $211M | $244M | $234M | $208M | $188M | $184M | $142M | $135M | $126M | $128M | $156M | $166M | $174M | $105M | |
| — | — | — | — | — | — | — | $21M | $3M | $3M | $2M | — | — | — | — | — | — | — | — | |
| $48M | -$21M | -$262M | $146M | $288M | $701M | $396M | $226M | $250M | $164M | $178M | $55M | $6M | $22M | $16M | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $7M | |
| -$26M | -$22M | $2M | $3M | $4M | $8M | $6M | $21M | $3M | $3M | $2M | $11M | $14M | $0 | $5M | $12M | $23M | $33M | $22M | |
| $2.03B | $1.95B | $102M | $1.28B | $1.26B | $2.69B | $1.01B | $1.05B | $851M | $492M | $342M | $340M | $518M | $499M | -$337M | $239M | $587M | $516M | $398M | |
| $323M | $318M | $192M | $215M | $194M | $536M | $249M | $197M | $136M | -$100M | -$96M | -$33M | $159M | $122M | $101M | $32M | $140M | $94M | $97M | |
| $1.67B | $1.61B | -$98M | $1.06B | $1.01B | $4.22B | $996M | $1.04B | $695M | $568M | $420M | $373M | $362M | $365M | -$446M | $204M | $455M | $438M | $303M | |
| — | 16.53% | -0.99% | 11.13% | 11.38% | 46.92% | 11.56% | 12.47% | 8.16% | 6.93% | 5.33% | 9.74% | 9.52% | 9.99% | -12.82% | 5.92% | 13.66% | 13.46% | 10.72% | |
| $10M | $8M | $10M | $9M | $15M | $14M | $24M | $29M | $20M | $24M | $18M | $11M | $11M | $12M | $13M | $16M | $15M | $21M | $21M | |
| $1.73B | $1.93B | -$400M | $820M | $574M | $4.4B | $864M | $814M | $247M | $939M | -$427M | $402M | -$11M | $522M | -$552M | $1M | $508M | $474M | -$174M | |
| USD/shares | — | $16.34 | -$0.96 | $10.01 | $9.00 | $32.88 | $7.68 | $8.05 | $5.29 | $4.21 | $3.07 | $5.49 | $5.40 | $5.53 | -$2.58 | $1.18 | $2.68 | $2.61 | — |
| USD/shares | — | $16.26 | -$0.96 | $9.95 | $8.98 | $32.78 | $7.65 | $8.02 | $5.27 | $4.18 | $3.04 | $5.41 | $5.32 | $5.37 | -$2.58 | $1.16 | $2.66 | $2.59 | — |
| shares | — | 98M | 102M | 105M | 112M | 128M | 130M | 130M | 131M | 135M | 137M | 68M | 67M | 66M | 173M | 173M | 170M | 168M | — |
| shares | — | 99M | 102M | 106M | 112M | 129M | 130M | 130M | 132M | 136M | 138M | 69M | 68M | 68M | 173M | 176M | 171M | 169M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2008–FY2025: $10.86B in buybacks, $4.81B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
3.47×
Peer median 4.34×
EV/EBIT
15.25×
Peer median 18.73×
P/E (TTM)
18.56×
Peer median 24.16×
Peer medians compare against the 10 similar-size Insurance Brokers companies (of 18 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Health Wealth and Career | $5,328,000,000 | $5,846,000,000 | $5,655,000,000 | $5,351,000,000 | $5,328,000,000 | $4,959,000,000 | — | — |
| Risk and Broking | $4,346,000,000 | $4,051,000,000 | $3,748,000,000 | $3,471,000,000 | $3,571,000,000 | $3,323,000,000 | — | — |
| Corporate | $34,000,000 | $33,000,000 | $80,000,000 | $44,000,000 | -$7,000,000 | — | — | — |
| Corporate Non Segment | — | — | — | — | — | $15,000,000 | $40,000,000 | $37,000,000 |
| Benefits Delivery and Administration | — | — | — | — | — | $1,371,000,000 | $1,047,000,000 | $765,000,000 |
| Corporate Risk and Broking | — | — | — | — | — | $2,979,000,000 | $2,947,000,000 | $2,852,000,000 |
| Human Capital and Benefits | — | — | — | — | — | $3,328,000,000 | $3,359,000,000 | $3,295,000,000 |
| Investment Risk and Reinsurance | — | — | — | — | — | $1,659,000,000 | $1,646,000,000 | $1,564,000,000 |
| Benefits Delivery and Administration | — | — | — | — | $1,511,000,000 | $1,371,000,000 | $1,047,000,000 | — |
| Corporate Risk and Broking | — | — | — | — | $3,179,000,000 | $2,979,000,000 | $2,947,000,000 | — |
| Divested Businesses | — | — | $0 | $0 | $106,000,000 | $324,000,000 | — | — |
| Human Capital and Benefits | — | — | — | — | $3,495,000,000 | $3,328,000,000 | $3,359,000,000 | — |
| Investment Risk And Reinsurance | — | — | — | — | $821,000,000 | $928,000,000 | $971,000,000 | — |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $4,504,000,000 | $5,128,000,000 | $5,011,000,000 | $4,760,000,000 | $4,621,000,000 | $4,359,000,000 | $4,106,000,000 | $3,970,000,000 |
| Rest of World | $2,996,000,000 | $2,812,000,000 | $2,631,000,000 | $2,413,000,000 | $2,548,000,000 | $2,495,000,000 | $2,483,000,000 | — |
| United Kingdom | $2,065,000,000 | $1,859,000,000 | $1,723,000,000 | $1,563,000,000 | $1,632,000,000 | $1,604,000,000 | $1,637,000,000 | $1,926,000,000 |
| Ireland | $143,000,000 | $131,000,000 | $118,000,000 | $130,000,000 | $197,000,000 | $157,000,000 | $144,000,000 | $138,000,000 |
| North America | — | — | — | — | — | $4,867,000,000 | $4,508,000,000 | — |
| Foreign Countries | — | — | — | — | — | $9,195,000,000 | $8,895,000,000 | — |
| Great Britain | — | — | — | — | — | $1,945,000,000 | $1,919,000,000 | — |
| International | — | — | — | — | — | $942,000,000 | $965,000,000 | $963,000,000 |
| Rest of World | — | — | — | — | — | $2,625,000,000 | $2,591,000,000 | — |
| Western Europe | — | — | — | — | — | $1,458,000,000 | $1,444,000,000 | $1,412,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Broking | $4,334,000,000 | $4,809,000,000 | $4,486,000,000 | $4,167,000,000 | $4,182,000,000 | $4,139,000,000 | $3,858,000,000 | — |
| Consulting | $3,285,000,000 | $3,066,000,000 | $2,986,000,000 | $2,902,000,000 | $2,936,000,000 | $2,756,000,000 | $2,818,000,000 | — |
| Outsourced Administration | $1,165,000,000 | $1,167,000,000 | $1,159,000,000 | $1,054,000,000 | $1,134,000,000 | $1,109,000,000 | $1,068,000,000 | — |
| Product And Service Other | $644,000,000 | $606,000,000 | $571,000,000 | $526,000,000 | $531,000,000 | $483,000,000 | $431,000,000 | $433,000,000 |
| Broking | — | — | — | — | — | $4,850,000,000 | $4,459,000,000 | $4,021,000,000 |
| Consulting | — | — | — | — | — | $2,767,000,000 | $2,833,000,000 | $2,830,000,000 |
| Outsourced Administration | — | — | — | — | — | $1,109,000,000 | $1,068,000,000 | $1,035,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Health Wealth and Career | $1,681,000,000 | $1,717,000,000 | $1,565,000,000 | $1,382,000,000 | $1,346,000,000 | $1,236,000,000 | — | — |
| Risk and Broking | $1,072,000,000 | $958,000,000 | $813,000,000 | $734,000,000 | $835,000,000 | $714,000,000 | — | — |
| Benefits Delivery and Administration | — | — | — | — | — | $320,000,000 | $244,000,000 | $144,000,000 |
| Corporate Risk and Broking | — | — | — | — | — | $630,000,000 | $578,000,000 | $528,000,000 |
| Human Capital and Benefits | — | — | — | — | — | $853,000,000 | $848,000,000 | $789,000,000 |
| Investment Risk and Reinsurance | — | — | — | — | — | $457,000,000 | $420,000,000 | $384,000,000 |
| Benefits Delivery and Administration | — | — | — | — | $336,000,000 | $320,000,000 | $244,000,000 | — |
| Corporate Risk and Broking | — | — | — | — | $732,000,000 | $630,000,000 | $578,000,000 | — |
| Human Capital and Benefits | — | — | — | — | $930,000,000 | $853,000,000 | $848,000,000 | — |
| Investment Risk And Reinsurance | — | — | — | — | $159,000,000 | $134,000,000 | $134,000,000 | — |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Health Wealth and Career | 31.6% | 29.4% | 27.7% | 25.8% | 25.3% | 24.9% | — | — |
| Risk and Broking | 24.7% | 23.6% | 21.7% | 21.1% | 23.4% | 21.5% | — | — |
| Benefits Delivery and Administration | — | — | — | — | — | 23.3% | 23.3% | 18.8% |
| Corporate Risk and Broking | — | — | — | — | — | 21.1% | 19.6% | 18.5% |
| Human Capital and Benefits | — | — | — | — | — | 25.6% | 25.2% | 23.9% |
| Investment Risk and Reinsurance | — | — | — | — | — | 27.5% | 25.5% | 24.6% |
| Benefits Delivery and Administration | — | — | — | — | 22.2% | 23.3% | 23.3% | — |
| Corporate Risk and Broking | — | — | — | — | 23% | 21.1% | 19.6% | — |
| Human Capital and Benefits | — | — | — | — | 26.6% | 25.6% | 25.2% | — |
| Investment Risk And Reinsurance | — | — | — | — | 19.4% | 14.4% | 13.8% | — |
Key facts
CIK
1140536
CUSIP
G96629103
13F (30d)
220 filings
195 filers
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