67/100BWillis Towers Watson Public financials
Yes. Willis Towers Watson Public earned 1.56B USD of net income over the last twelve months, 15.2% of its revenue. It made a profit in 24 of its 26 fiscal years since 2000. Its last loss was in fiscal year 2024.
- Revenue (TTM)
- 10.27B USD
- Net income (TTM)
- 1.56B USD
- Free cash flow (TTM)
- 1.74B USD
- Cash and short-term investments
- 1.95B USD
- Total debt
- 7.10B USD
- Shareholders' equity
- 7.76B USD
Cash, debt and equity as of 30 Sept 2026.
Willis Towers Watson Public earnings
Revenue
EPS
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|---|
| Q3 FY2027 | 4.34 | — | — | +19.56% | 2.59B | — | — | +5.20% | |
| Q2 FY2027 | 3.83 | — | — | +14.23% | 2.58B | — | — | +4.56% | |
| Q1 FY2027 | 4.26 | — | — | +14.62% | 2.54B | — | — | +5.44% | |
| Q4 FY2026 | 9.18 | — | — | +13.05% | 3.12B | — | — | +6.43% | |
| Q3 FY2026 | 3.59 | 3.63 | +1.11% | +18.24% | 2.45B | 2.46B | +0.22% | +7.52% | |
| Q2 FY2026 | 3.11 | 3.35 | +7.72% | +17.13% | 2.42B | 2.47B | +2.05% | +9.07% | |
| Q1 FY2026 | 3.66 | 3.72 | +1.64% | +18.85% | 2.41B | 2.41B | -0.06% | +8.50% | |
| Q4 FY2025 | 7.96 | 8.12 | +2.01% | -0.12% | 2.85B | 2.94B | +2.91% | -3.26% | |
| Q3 FY2025 | 3.05 | 3.07 | +0.66% | +4.78% | 2.27B | 2.29B | +0.59% | -0.04% | |
| Q2 FY2025 | 2.63 | 2.86 | +8.75% | +12.16% | 2.23B | 2.26B | +1.45% | -0.22% |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 27.20 | — | — | +18.77% | 11.63B | — | — | +5.62% |
| FY2027 | 22.91 | — | — | +15.48% | 11.01B | — | — | +5.37% |
| FY2026 | 19.84 | — | — | +15.46% | 10.45B | — | — | +7.61% |
| FY2025 | 16.96 | 17.18 | +1.27% | +1.66% | 9.62B | 9.71B | +0.95% | -2.25% |
| FY2024 | 16.71 | 16.90 | +1.16% | +15.99% | 9.93B | 9.93B | -0.00% | +4.72% |
| FY2023 | 14.10 | 14.57 | +3.37% | +7.85% | 9.44B | 9.48B | +0.50% | +6.96% |
| FY2022 | 13.39 | 13.51 | +0.92% | -1.39% | 8.83B | 8.87B | +0.41% | -7.21% |
Willis Towers Watson Public growth and profitability
Full income statement- Revenue (TTM)
- 10.27B USD
- Net income (TTM)
- 1.56B USD
- Gross margin
- 38.52%
- Operating margin
- 22.56%
- Net margin
- 15.22%
Revenue / Net income
How Willis Towers Watson Public makes its money
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.
Willis Towers Watson Public revenue breakdown
By product
| Segment | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| Health, Wealth and Career | 5.33B | 55.1% | -8.9% |
| Risk and Broking | 4.35B | 44.9% | +7.3% |
By region
| Region | Revenue | Share of revenue | Change on the year |
|---|---|---|---|
| International | 9.57B | 49.6% | — |
| United States | 4.50B | 23.4% | -12.2% |
| Rest Of World | 3.00B | 15.5% | +6.5% |
| United Kingdom | 2.07B | 10.7% | +11.1% |
| Ireland | 143.00M | 0.7% | +9.2% |
Operating and free cash flow
Full cash flow statementWillis Towers Watson Public financial health
Full balance sheet- Cash and short-term investments
- 1.95B USD
- Total debt
- 7.10B USD
- Net cash
- -5.15B USD
- Free cash flow (TTM)
- 1.74B USD
- Current ratio
- 1.10
- Debt to equity
- 0.91
- Piotroski score
- 6 / 9
- Altman Z-score
- 1.45
Cash, debt and free cash flow
Assets, liabilities and equity
Willis Towers Watson Public valuation
- Price to earnings ratio (TTM)
- 19.98
- Forward P/E (FY2026)
- 16.58
- Price to sales (TTM)
- 2.95
- Price to book
- 3.91
- EV / EBITDA (TTM)
- 12.81
Capital structure
Valuation over time
Willis Towers Watson Public against its own history
Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.
Its peers: Brown & Brown, Arthur J. Gallagher &, Marsh & McLennan Companies, Ryan Specialty Holdings, and CorVel, the US Insurance - Brokers companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.
- P/E (today)Above its median20.06.5217.3
- Gross marginBelow its median42.1%41.6%44.6%Against its peers: 5 of 6Peers' median 49.1%
- Operating marginAbove its median23.0%6.3%24.5%Against its peers: 3 of 6Peers' median 20.5%
- Net marginAbove its median16.5%-1.0%46.9%Against its peers: 2 of 6Peers' median 11.5%
- Return on equityAbove its median20.1%-1.2%31.8%Against its peers: 3 of 6Peers' median 9.8%
- Free cash flow marginAbove its median15.9%6.9%20.7%Against its peers: 4 of 6Peers' median 18.5%
- Revenue growthLowest in 5 years-2.2%-2.2%7.0%Against its peers: 6 of 6Peers' median 20.7%
- Debt to EBITDABelow its median2.58×1.54×7.21×Against its peers: 2 of 6Peers' median 3.82×
- Current ratioAbove its median1.201.061.26Against its peers: 3 of 6Peers' median 1.10
Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.
Willis Towers Watson Public dividends
- Annual dividend
- 3.84 USD
- Dividend yield (indicated)
- 1.17%
- Payout ratio
- 23.09%
- Years of dividend growth
- 10
- Frequency
- Quarterly
- Last payment
- 0.96 USD
- Last ex-dividend date
- 30 Sept 2026
- Last payment date
- 15 Oct 2026
Dividends per share
Willis Towers Watson Public ownership
- Institutions
- 97.62%
- Institutional holders
- 711 (-28)
- Free float
- 99.56%
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
Insider trading
| Quarter | Purchases | Sales | Shares acquired | Shares disposed of |
|---|---|---|---|---|
| Q4 2026 | 0 | 0 | 918.59 | 1.92K |
| Q3 2026 | 0 | 1 | 951.60 | 730.00 |
| Q2 2026 | 2 | 0 | 34.00K | 60.17K |
| Q1 2026 | 2 | 1 | 109.03K | 5.17K |
Shares outstanding
Common questions about Willis Towers Watson Public's financials
Source: Financial Modeling Prep