Willis Towers Watson plc (WTW)
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company operates through two segments: Health, Wealth & Career and Risk & Broking. It offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit programs, including medical, dental, disability, life, voluntary benefits, and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services. The company also provides advice, data, software, and products to address clients' total rewards and talent issues; and risk advice, insurance brokerage, and consulting services in the areas of property and casualty, affinity, risk and analytics, aerospace, construction, global markets direct and facultative, financial, executive and professional risks, credit risk solutions, crisis management, surety, marine, and natural resources. In addition, it offers software and technology, risk and capital management, products and product pricing, financial and regulatory reporting, financial and capital modeling, M&A, outsourcing, and business management services. The company was formerly known as Willis Group Holdings Public Limited Company and changed its name to Willis Towers Watson Public Limited Company in January 2016. Willis Towers Watson Public Limited Company was founded in 1828 and is based in London, the United Kingdom.
- Symbol
- WTW
- Exchange
- Nasdaq
- Sector
- Financial Services
- Industry
- Insurance Brokers
- Market cap
- $27.13B
- 52 week range
- 240.61 - 352.79
Valuation
- Share price
- $288.61 (close of 2026-10-02)
- P/E (TTM)
- 17.80x
- Price to book
- 3.49x
- Price to free cash flow
- 16.06x
- Enterprise value
- $32.60B
- Book value per share
- $82.66
Price performance
| Period | Change |
|---|---|
| 1 day | -1.03% |
| 5 days | -1.83% |
| 1 month | -14.54% |
| 3 months | +0.84% |
| 6 months | -0.01% |
| Year to date | -12.17% |
| 1 year | -16.53% |
| 3 years | +38.66% |
| 5 years | +19.79% |
| 10 years | +117.38% |
| All time | +556.38% |
Members of Congress who disclosed WTW trades
Gilbert Ray Cisneros · Val Hoyle · Julie Johnson
Super investors holding WTW
Dodge & Cox (Dodge & Cox Funds) · Bill Nygren (Harris Associates LP) · First Eagle Investment (First Eagle Investment Management, LLC) · David Abrams (Abrams Capital Management) · Ken Griffin (Citadel) · Robert Olstein (Olstein Capital Management) · Polen Capital Mgmt (Polen Capital Management LLC) · Ray Dalio (Bridgewater Associates)
Profitability and growth
- Return on equity
- 19.93%
- Return on invested capital
- 16.21%
- Return on assets
- 5.44%
- Return on capital employed
- 14.39%
- Gross margin
- 23.48%
- Net margin
- 16.87%
- EBITDA margin
- 25.85%
- Revenue growth
- -2.29%
- Net income growth
- 1737.76%
- Free cash flow growth
- 22.02%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 6.23%
- Current ratio
- 1.10x
- Net debt to EBITDA
- 2.02x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $9.52B
- Cost of revenue
- $7.28B
- Gross profit
- $2.23B
- EBITDA
- $2.46B
- Net income
- $1.60B
- Earnings per share
- $16.34
- Interest expense
- $260.00M
- Shares outstanding
- 98.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $9.52B | $2.23B | $1.60B | $16.34 |
| 2024-12-31 | $9.74B | $627.00M | -$98.00M | $-0.96 |
| 2023-12-31 | $9.30B | $1.36B | $1.05B | $10.01 |
| 2022-12-31 | $8.73B | $1.18B | $1.01B | $9.00 |
| 2021-12-31 | $8.83B | $2.20B | $4.22B | $32.88 |
| 2020-12-31 | $8.55B | $859.00M | $996.00M | $7.68 |
| 2019-12-31 | $8.29B | $1.05B | $1.04B | $8.05 |
| 2018-12-31 | $8.41B | $809.00M | $695.00M | $5.29 |
| 2017-12-31 | $8.20B | $516.00M | $568.00M | $4.21 |
| 2016-12-31 | $7.89B | $348.00M | $420.00M | $3.07 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|---|---|---|---|
| 2025-12-31 | 23.48% | 16.87% | 19.93% | 16.21% |
| 2024-12-31 | 6.44% | -1.01% | -1.22% | 3.61% |
| 2023-12-31 | 14.67% | 11.34% | 11.00% | 8.15% |
| 2022-12-31 | 13.50% | 11.56% | 10.00% | 6.88% |
| 2021-12-31 | 24.95% | 47.84% | 31.73% | 11.81% |
| 2020-12-31 | 10.04% | 11.64% | 9.11% | 3.91% |
| 2019-12-31 | 12.72% | 12.60% | 10.07% | 5.27% |
| 2018-12-31 | 9.62% | 8.26% | 6.97% | 4.97% |
| 2017-12-31 | 6.29% | 6.93% | 5.54% | 3.75% |
| 2016-12-31 | 4.41% | 5.33% | 4.12% | 2.64% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $3.13B | $5.76B |
| 2024-12-31 | $1.89B | $5.31B |
| 2023-12-31 | $1.42B | $4.57B |
| 2022-12-31 | $1.26B | $4.47B |
| 2021-12-31 | $4.69B | $3.97B |
| 2020-12-31 | $2.04B | $4.66B |
| 2019-12-31 | $887.00M | $5.30B |
| 2018-12-31 | $1.03B | $4.39B |
| 2017-12-31 | $1.03B | $4.45B |
| 2016-12-31 | $870.00M | $3.36B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $1.55B | $153.00M |
| 2024-12-31 | $1.27B | $121.00M |
| 2023-12-31 | $1.10B | $125.00M |
| 2022-12-31 | $812.00M | $99.00M |
| 2021-12-31 | $2.06B | $101.00M |
| 2020-12-31 | $1.77B | $90.00M |
| 2019-12-31 | $1.08B | $74.00M |
| 2018-12-31 | $1.02B | $50.00M |
| 2017-12-31 | $562.00M | $67.00M |
| 2016-12-31 | $715.00M | $123.00M |
Dividend history
- Most recent payment
- 2026-09-30
- Paid in the last twelve months
- $3.80
| Payment date | Dividend per share |
|---|---|
| 2026-09-30 | $0.96 |
| 2026-06-30 | $0.96 |
| 2026-03-31 | $0.96 |
| 2025-12-31 | $0.92 |
| 2025-09-30 | $0.92 |
| 2025-06-30 | $0.92 |
| 2025-03-31 | $0.92 |
| 2024-12-31 | $0.88 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-29
- Consensus EPS estimate
- $3.61
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-07-30 | Jun/2026 | $3.13 |
| 2026-04-30 | Mar/2026 | $3.59 |
| 2026-02-03 | Dec/2025 | $7.92 |
| 2025-10-30 | Sep/2025 | $3.00 |
| 2025-07-31 | Jun/2025 | $2.65 |
| 2025-04-24 | Mar/2025 | $3.20 |
| 2025-02-04 | Dec/2024 | $8.01 |
| 2024-10-31 | Sep/2024 | $2.68 |
Filings and sources
- Company website
- wtwco.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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