WTW
Willis Towers Watson PLC
NASDAQ: WTW · FINANCIAL SERVICES · INSURANCE BROKERS
$290.11
-0.26% today
Updated 2026-04-29
Market cap
$27.43B
P/E ratio
17.85
P/S ratio
2.83x
EPS (TTM)
$16.25
Dividend yield
1.28%
52W range
$274 – $351
Volume
0.6M
Willis Towers Watson PLC (WTW) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.43B | $2.58B | $2.83B | $3.26B | $3.33B | $3.45B | $3.48B | $3.65B | $3.80B | $3.83B | $7.89B | $8.20B | $8.51B | $8.37B | $8.62B | $9.00B | $8.87B | $9.48B | $9.93B | $9.71B |
| Revenue growth (YoY) | — | +6.2% | +9.7% | +15.4% | +2.1% | +3.5% | +1.0% | +5.0% | +4.0% | +0.7% | +106.0% | +4.0% | +3.8% | -1.7% | +2.9% | +4.4% | -1.5% | +7.0% | +4.7% | -2.2% |
| Cost of revenue | $1.91M | $1.91B | $2.28B | $2.52B | $1.87B | $2.09B | $2.48B | $2.21B | $2.31B | $2.30B | $4.85B | $4.97B | $5.12B | $4.93B | $5.16B | $5.25B | $5.07B | $1.81B | $5.50B | $5.63B |
| Gross profit | $2.43B | $2.58B | $2.83B | $3.26B | $1.46B | $1.36B | $1.00B | $1.45B | $1.49B | $1.53B | $3.04B | $3.23B | $3.39B | $3.44B | $3.46B | $3.75B | $3.80B | $7.67B | $4.43B | $4.08B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 43.9% | 39.5% | 28.9% | 39.6% | 39.1% | 39.9% | 38.5% | 39.4% | 39.8% | 41.1% | 40.1% | 41.6% | 42.9% | 80.9% | 44.6% | 42.1% |
| R&D | — | — | — | — | — | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | — | $1.64B | $1.83B | $1.87B | $2.09B | — | — | — | — | — | — | — | — | — | $6.93B | $6.84B | — | — | — |
| Operating income | $552.00M | $620.00M | $503.00M | $694.00M | $753.00M | $566.00M | $-225.00M | $663.00M | $647.00M | $427.00M | $348.00M | $516.00M | $809.00M | $1.05B | $859.00M | $2.20B | $1.18B | $1.36B | $627.00M | $2.23B |
| Operating margin | 22.7% | 24.0% | 17.8% | 21.3% | 22.6% | 16.4% | -6.5% | 18.1% | 17.0% | 11.2% | 4.4% | 6.3% | 9.5% | 12.6% | 10.0% | 24.5% | 13.3% | 14.4% | 6.3% | 23.0% |
| EBITDA | $615.00M | $686.00M | $593.00M | $858.00M | $898.00M | $537.00M | $-71.00M | $774.00M | $799.00M | $653.00M | $1.29B | $1.51B | $1.81B | $2.01B | $2.02B | $3.55B | $2.03B | $1.36B | $823.00M | $2.67B |
| EBITDA margin | 25.3% | 26.6% | 21.0% | 26.3% | 27.0% | 15.6% | -2.0% | 21.2% | 21.0% | 17.1% | 16.4% | 18.4% | 21.2% | 24.0% | 23.5% | 39.5% | 22.9% | 14.4% | 8.3% | 27.6% |
| EBIT | $552.00M | $620.00M | $503.00M | $694.00M | $753.00M | $395.00M | $-209.00M | $625.00M | $653.00M | $482.00M | $526.00M | $680.00M | $1.06B | $1.28B | $1.25B | $2.90B | $1.47B | $1.36B | $367.00M | $2.26B |
| Interest expense | $38000.00 | $66.00M | $105.00M | $174.00M | $166.00M | $156.00M | $128.00M | $126.00M | $135.00M | $142.00M | $184.00M | $188.00M | $208.00M | $234.00M | $244.00M | $211.00M | $208.00M | $235.00M | $263.00M | $260.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $449.00M | $409.00M | $303.00M | $438.00M | $455.00M | $204.00M | $-446.00M | $365.00M | $362.00M | $373.00M | $420.00M | $568.00M | $695.00M | $1.04B | $996.00M | $4.22B | $1.01B | $1.05B | $-98.00M | $1.60B |
| Net income growth (YoY) | — | -8.9% | -25.9% | +44.6% | +3.9% | -55.2% | -318.6% | +181.8% | -0.8% | +3.0% | +12.6% | +35.2% | +22.4% | +50.2% | -4.6% | +323.9% | -76.1% | +4.6% | -109.3% | +1737.8% |
| Profit margin | 18.5% | 15.9% | 10.7% | 13.4% | 13.7% | 5.9% | -12.8% | 10.0% | 9.5% | 9.7% | 5.3% | 6.9% | 8.2% | 12.5% | 11.6% | 46.9% | 11.4% | 11.1% | -1.0% | 16.5% |