Symbols / WTW Stock $290.89 -0.18% Willis Towers Watson Public Limited Company

Financial Services • Insurance Brokers • United Kingdom • NMS
WTW (Stock) Chart
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About

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.

Stock Fundamentals
Scroll to Statements
Market Cap 27.50B Enterprise Value 31.32B Income 1.60B Sales 9.71B Book/sh 83.89 Cash/sh 33.48
Dividend Yield 1.32% Payout 22.63% Employees 46900 IPO P/E 17.89 Forward P/E 12.99
PEG 1.27 P/S 2.83 P/B 3.47 P/C EV/EBITDA 11.92 EV/Sales 3.23
Quick Ratio 0.44 Current Ratio 1.21 Debt/Eq 85.75 LT Debt/Eq EPS (ttm) 16.26 EPS next Y 22.39
EPS Growth -38.20% Revenue Growth -3.30% Earnings 2026-04-30 ROA 4.83% ROE 20.08% ROIC
Gross Margin 41.58% Oper. Margin 35.39% Profit Margin 16.53% Shs Outstand 94.20M Shs Float 94.10M Short Float 3.35%
Short Ratio 5.28 Short Interest 52W High 352.79 52W Low 273.59 Beta 0.63 Avg Volume 806.22K
Volume 457.50K Target Price $362.37 Recom Buy Prev Close $291.40 Price $290.89 Change -0.18%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$362.37
Mean price target
2. Current target
$290.89
Latest analyst target
3. DCF / Fair value
$366.75
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$290.89
Low
$320.00
High
$409.00
Mean
$362.37

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-14 main B of A Securities Neutral → Neutral $347
2026-04-13 main Mizuho Outperform → Outperform $353
2026-04-09 main Wells Fargo Overweight → Overweight $351
2026-04-09 main Cantor Fitzgerald Neutral → Neutral $354
2026-04-08 main Barclays Equal-Weight → Equal-Weight $322
2026-04-07 main Keefe, Bruyette & Woods Outperform → Outperform $384
2026-04-06 main Morgan Stanley Equal-Weight → Equal-Weight $320
2026-03-11 up Barclays Underweight → Equal-Weight $341
2026-02-27 main Mizuho Outperform → Outperform $358
2026-02-23 main Piper Sandler Overweight → Overweight $341
2026-02-09 main UBS Buy → Buy $409
2026-02-09 main Citigroup Neutral → Neutral $366
2026-02-04 main Wells Fargo Overweight → Overweight $379
2026-02-04 main Evercore ISI Group Outperform → Outperform $390
2026-02-04 main Truist Securities Buy → Buy $400
2026-01-14 main Cantor Fitzgerald Neutral → Neutral $345
2026-01-13 main Wells Fargo Overweight → Overweight $366
2026-01-08 main Barclays Underweight → Underweight $318
2026-01-07 main Evercore ISI Group Outperform → Outperform $383
2026-01-06 main Keefe, Bruyette & Woods Outperform → Outperform $388
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-20 HESS CARL AARON Chief Executive Officer 8,429 $0.00 $0
2026-04-20 GEBAUER JULIE JARECKE Officer 1,819 $0.00 $0
2026-04-20 BANAS KRISTY D Officer 770 $0.00 $0
2026-04-20 FABER ALEXIS Chief Operating Officer 848 $0.00 $0
2026-04-20 PULLUM ANNE Officer 1,053 $0.00 $0
2026-04-15 HESS CARL AARON Chief Executive Officer 48 $0.00 $0
2026-04-15 GEBAUER JULIE JARECKE Officer 10 $0.00 $0
2026-04-15 QURESHI IMRAN AHMED Officer 5 $0.00 $0
2026-04-15 BANAS KRISTY D Officer 5 $0.00 $0
2026-04-15 FABER ALEXIS Chief Operating Officer 5 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
9,708.00
-2.24%
9,930.00
+4.71%
9,483.00
+6.96%
8,866.00
Operating Revenue
9,056.00
-2.84%
9,321.00
+4.68%
8,904.00
+6.94%
8,326.00
Cost Of Revenue
5,625.00
+2.24%
5,502.00
+2.96%
5,344.00
+5.51%
5,065.00
Reconciled Cost Of Revenue
5,625.00
+2.24%
5,502.00
+2.96%
5,344.00
+5.51%
5,065.00
Gross Profit
4,083.00
-7.79%
4,428.00
+6.98%
4,139.00
+8.89%
3,801.00
Operating Expense
1,826.00
-20.23%
2,289.00
-1.34%
2,320.00
+2.56%
2,262.00
Other Operating Expenses
1,408.00
-23.19%
1,833.00
+0.99%
1,815.00
+7.08%
1,695.00
Total Expenses
7,451.00
-4.36%
7,791.00
+1.66%
7,664.00
+4.60%
7,327.00
Operating Income
2,257.00
+5.52%
2,139.00
+17.59%
1,819.00
+18.19%
1,539.00
Total Operating Income As Reported
2,234.00
+256.30%
627.00
-54.07%
1,365.00
+15.87%
1,178.00
EBITDA
2,631.00
+220.46%
821.00
-59.28%
2,016.00
-0.84%
2,033.00
Normalized EBITDA
2,631.00
-1.13%
2,661.00
+9.15%
2,438.00
+2.14%
2,387.00
Reconciled Depreciation
418.00
-8.33%
456.00
-9.70%
505.00
-10.93%
567.00
EBIT
2,213.00
+506.30%
365.00
-75.84%
1,511.00
+3.07%
1,466.00
Total Unusual Items
0.00
+100.00%
-1,840.00
-336.02%
-422.00
-19.21%
-354.00
Total Unusual Items Excluding Goodwill
0.00
+100.00%
-1,840.00
-336.02%
-422.00
-19.21%
-354.00
Special Income Charges
17.00
+100.92%
-1,849.00
-349.88%
-411.00
-16.10%
-354.00
Impairment Of Capital Assets
0.00
-100.00%
1,042.00
0.00
-100.00%
81.00
Restructuring And Mergern Acquisition
23.00
-95.11%
470.00
+3.52%
454.00
+62.14%
280.00
Net Income
1,605.00
+1737.76%
-98.00
-109.29%
1,055.00
+4.56%
1,009.00
Pretax Income
1,953.00
+1814.71%
102.00
-92.01%
1,276.00
+1.43%
1,258.00
Net Non Operating Interest Income Expense
-260.00
+1.14%
-263.00
-11.91%
-235.00
-12.98%
-208.00
Interest Expense Non Operating
260.00
-1.14%
263.00
+11.91%
235.00
+12.98%
208.00
Net Interest Income
-260.00
+1.14%
-263.00
-11.91%
-235.00
-12.98%
-208.00
Interest Expense
260.00
-1.14%
263.00
+11.91%
235.00
+12.98%
208.00
Other Income Expense
-44.00
+97.52%
-1,774.00
-475.97%
-308.00
-321.92%
-73.00
Other Non Operating Income Expenses
-44.00
-166.67%
66.00
-42.11%
114.00
-58.84%
277.00
Gain On Sale Of Security
-17.00
-288.89%
9.00
+181.82%
-11.00
Gain On Sale Of Business
40.00
+111.87%
-337.00
-883.72%
43.00
+514.29%
7.00
Tax Provision
318.00
+65.63%
192.00
-10.70%
215.00
+10.82%
194.00
Tax Rate For Calcs
0.00
-22.46%
0.00
+25.00%
0.00
+8.94%
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-386.40
-445.02%
-70.90
-29.87%
-54.59
Net Income Including Noncontrolling Interests
1,613.00
+1932.95%
-88.00
-108.27%
1,064.00
+3.91%
1,024.00
Net Income From Continuing Operation Net Minority Interest
1,605.00
+1737.76%
-98.00
-109.29%
1,055.00
+0.57%
1,049.00
Net Income From Continuing And Discontinued Operation
1,605.00
+1737.76%
-98.00
-109.29%
1,055.00
+4.56%
1,009.00
Net Income Continuous Operations
1,613.00
+1932.95%
-88.00
-108.27%
1,064.00
+0.00%
1,064.00
Net Income Discontinuous Operations
0.00
0.00
+100.00%
-40.00
Minority Interests
-8.00
+20.00%
-10.00
-11.11%
-9.00
+40.00%
-15.00
Normalized Income
1,605.00
+18.40%
1,355.60
-3.59%
1,406.10
+4.28%
1,348.41
Net Income Common Stockholders
1,605.00
+1737.76%
-98.00
-109.29%
1,055.00
+4.56%
1,009.00
Diluted EPS
16.26
+1793.75%
-0.96
-109.65%
9.95
+10.80%
8.98
Basic EPS
16.26
+1793.75%
-0.96
-109.59%
10.01
+11.22%
9.00
Basic Average Shares
98.00
-3.92%
102.00
-2.86%
105.00
-6.25%
112.00
Diluted Average Shares
99.00
-2.94%
102.00
-3.77%
106.00
-5.36%
112.00
Diluted NI Availto Com Stockholders
1,605.00
+1737.76%
-98.00
-109.29%
1,055.00
+4.56%
1,009.00
Amortization
192.00
-15.04%
226.00
-14.07%
263.00
-15.71%
312.00
Amortization Of Intangibles Income Statement
192.00
-15.04%
226.00
-14.07%
263.00
-15.71%
312.00
Depreciation Amortization Depletion Income Statement
418.00
-8.33%
456.00
-9.70%
505.00
-10.93%
567.00
Depreciation And Amortization In Income Statement
418.00
-8.33%
456.00
-9.70%
505.00
-10.93%
567.00
Depreciation Income Statement
226.00
-1.74%
230.00
-4.96%
242.00
-5.10%
255.00
Earnings From Equity Interest
2.00
-33.33%
3.00
-25.00%
4.00
Earnings From Equity Interest Net Of Tax
-22.00
-1200.00%
2.00
-33.33%
3.00
Line Item Trend 2023-12-31 2022-12-31 2021-12-31
Total Assets
29,090.00
-8.43%
31,769.00
Current Assets
13,433.00
-15.17%
15,835.00
Cash Cash Equivalents And Short Term Investments
1,424.00
+12.84%
1,262.00
Cash And Cash Equivalents
1,424.00
+12.84%
1,262.00
Other Short Term Investments
0.00
-100.00%
200.00
Receivables
2,787.00
+6.50%
2,617.00
Accounts Receivable
1,581.00
+7.99%
1,464.00
Gross Accounts Receivable
1,615.00
+6.95%
1,510.00
Allowance For Doubtful Accounts Receivable
-34.00
+26.09%
-46.00
Other Receivables
1,119.00
+5.17%
1,064.00
Taxes Receivable
87.00
-2.25%
89.00
Accrued Interest Receivable
0.00
Prepaid Assets
132.00
-3.65%
137.00
Current Deferred Assets
92.00
+5.75%
87.00
Restricted Cash
9,073.00
-22.93%
11,772.00
Assets Held For Sale Current
0.00
-100.00%
6.00
Hedging Assets Current
4.00
-90.70%
43.00
Other Current Assets
53.00
-1.85%
54.00
Total Non Current Assets
15,657.00
-1.74%
15,934.00
Net PPE
1,285.00
-1.46%
1,304.00
Gross PPE
2,636.00
+2.45%
2,573.00
Accumulated Depreciation
-1,351.00
-6.46%
-1,269.00
Properties
0.00
0.00
Land And Improvements
85.00
+2.41%
83.00
Machinery Furniture Equipment
1,527.00
+5.17%
1,452.00
Other Properties
565.00
-3.58%
586.00
Leases
459.00
+1.55%
452.00
Goodwill And Other Intangible Assets
12,211.00
-1.89%
12,446.00
Goodwill
10,195.00
+0.22%
10,173.00
Other Intangible Assets
2,016.00
-11.31%
2,273.00
Investments And Advances
88.00
-2.22%
90.00
Long Term Equity Investment
9.00
Other Investments
79.00
-12.22%
90.00
Non Current Accounts Receivable
1,036.00
+20.05%
863.00
Non Current Deferred Assets
317.00
+18.28%
268.00
Non Current Deferred Taxes Assets
86.00
+26.47%
68.00
Non Current Prepaid Assets
9.00
-10.00%
10.00
Other Non Current Assets
49.00
-15.52%
58.00
Total Liabilities Net Minority Interest
19,497.00
-10.05%
21,676.00
Current Liabilities
12,630.00
-14.54%
14,779.00
Payables And Accrued Expenses
1,520.00
+6.22%
1,431.00
Payables
1,304.00
+6.45%
1,225.00
Accounts Payable
1,073.00
+10.05%
975.00
Dividends Payable
103.00
+0.98%
102.00
Current Accrued Expenses
216.00
+4.85%
206.00
Employee Benefits
563.00
+17.29%
480.00
Pensionand Other Post Retirement Benefit Plans Current
1,062.00
+9.26%
972.00
Total Tax Payable
128.00
-13.51%
148.00
Income Tax Payable
50.00
-39.76%
83.00
Current Debt And Capital Lease Obligation
775.00
+106.12%
376.00
Current Debt
650.00
+160.00%
250.00
-59.22%
613.00
Other Current Borrowings
650.00
+160.00%
250.00
-59.22%
613.00
Current Capital Lease Obligation
125.00
-0.79%
126.00
Current Deferred Liabilities
23.00
-25.81%
31.00
Other Current Liabilities
9,250.00
-22.72%
11,969.00
Total Non Current Liabilities Net Minority Interest
6,867.00
-0.43%
6,897.00
Liabilities Heldfor Sale Non Current
0.00
Long Term Debt And Capital Lease Obligation
5,166.00
+1.23%
5,103.00
Long Term Debt
4,567.00
+2.15%
4,471.00
Long Term Capital Lease Obligation
599.00
-5.22%
632.00
Long Term Provisions
365.00
+2.24%
357.00
Defined Pension Benefit
588.00
-28.90%
827.00
Non Current Pension And Other Postretirement Benefit Plans
563.00
+17.29%
480.00
Tradeand Other Payables Non Current
42.00
+5.00%
40.00
Non Current Deferred Liabilities
666.00
-25.17%
890.00
Non Current Deferred Taxes Liabilities
542.00
-27.54%
748.00
Other Non Current Liabilities
65.00
+140.74%
27.00
Common Stock Equity
9,520.00
-4.95%
10,016.00
Capital Stock
0.00
0.00
Common Stock
0.00
0.00
Share Issued
102.54
-3.97%
106.77
Ordinary Shares Number
102.54
-3.95%
106.76
Treasury Shares Number
0.00
-100.00%
0.02
+0.00%
0.02
Additional Paid In Capital
10,910.00
+0.31%
10,876.00
Retained Earnings
1,466.00
-16.89%
1,764.00
Gains Losses Not Affecting Retained Earnings
-2,856.00
-8.97%
-2,621.00
Treasury Stock
0.00
-100.00%
3.00
+0.00%
3.00
Minority Interest
73.00
-5.19%
77.00
Other Equity Adjustments
-2,856.00
-8.97%
-2,621.00
Total Equity Gross Minority Interest
9,593.00
-4.95%
10,093.00
Total Capitalization
14,087.00
-2.76%
14,487.00
Working Capital
803.00
-23.96%
1,056.00
Invested Capital
14,737.00
+0.00%
14,737.00
Total Debt
5,941.00
+8.43%
5,479.00
Net Debt
3,793.00
+9.66%
3,459.00
Capital Lease Obligations
724.00
-4.49%
758.00
Net Tangible Assets
-2,691.00
-10.74%
-2,430.00
Tangible Book Value
-2,691.00
-10.74%
-2,430.00
Current Notes Payable
0.00
-100.00%
250.00
-59.22%
613.00
Derivative Product Liabilities
0.00
Held To Maturity Securities
Interest Payable
50.00
+2.04%
49.00
Investmentin Financial Assets
Investmentsin Associatesat Cost
9.00
Non Current Note Receivables
74.00
+8.82%
68.00
-1.45%
69.00
Notes Receivable
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
1,775.00
+17.39%
1,512.00
+12.42%
1,345.00
+65.64%
812.00
Cash Flow From Continuing Operating Activities
1,775.00
+17.39%
1,512.00
+12.42%
1,345.00
+65.64%
812.00
Net Income From Continuing Operations
1,613.00
+1932.95%
-88.00
-108.27%
1,064.00
+3.91%
1,024.00
Depreciation Amortization Depletion
418.00
-8.33%
456.00
-9.70%
505.00
-10.93%
567.00
Depreciation
226.00
-1.74%
230.00
-4.96%
242.00
-5.10%
255.00
Amortization Cash Flow
192.00
-15.04%
226.00
-14.07%
263.00
-15.71%
312.00
Depreciation And Amortization
418.00
-8.33%
456.00
-9.70%
505.00
-10.93%
567.00
Amortization Of Intangibles
192.00
-15.04%
226.00
-14.07%
263.00
-15.71%
312.00
Other Non Cash Items
156.00
-20.81%
197.00
+13.22%
174.00
-11.68%
197.00
Pension And Employee Benefit Expense
112.00
+2700.00%
4.00
+115.38%
-26.00
+83.01%
-153.00
Stock Based Compensation
153.00
+26.45%
121.00
-3.20%
125.00
+26.26%
99.00
Provisionand Write Offof Assets
6.00
-53.85%
13.00
+116.67%
6.00
-53.85%
13.00
Asset Impairment Charge
0.00
-100.00%
1,042.00
0.00
-100.00%
81.00
Deferred Tax
55.00
+125.82%
-213.00
-95.41%
-109.00
-118.00%
-50.00
Deferred Income Tax
55.00
+125.82%
-213.00
-95.41%
-109.00
-118.00%
-50.00
Operating Gains Losses
85.00
-72.58%
310.00
+732.65%
-49.00
+78.79%
-231.00
Net Foreign Currency Exchange Gain Loss
13.00
+141.94%
-31.00
-255.00%
20.00
+114.60%
-137.00
Change In Working Capital
-711.00
-118.10%
-326.00
+12.13%
-371.00
+58.22%
-888.00
Change In Receivables
-128.00
+45.06%
-233.00
-13.11%
-206.00
-9.57%
-188.00
Changes In Account Receivables
-128.00
+45.06%
-233.00
-13.11%
-206.00
-9.57%
-188.00
Change In Other Working Capital
-9.00
+57.14%
-21.00
-625.00%
4.00
+150.00%
-8.00
Change In Other Current Assets
-116.00
+68.90%
-373.00
-101.62%
-185.00
+6.09%
-197.00
Change In Other Current Liabilities
-458.00
-252.16%
301.00
+1781.25%
16.00
+103.23%
-495.00
Investing Cash Flow
447.00
+78.80%
250.00
+123.04%
-1,085.00
-527.17%
-173.00
Cash Flow From Continuing Investing Activities
447.00
+78.80%
250.00
+123.04%
-1,085.00
-527.17%
-173.00
Net PPE Purchase And Sale
-229.00
+6.53%
-245.00
-1.24%
-242.00
-75.36%
-138.00
Purchase Of PPE
-229.00
+6.53%
-245.00
-1.24%
-242.00
-75.36%
-138.00
Capital Expenditure
-229.00
+6.53%
-245.00
-1.24%
-242.00
-18.63%
-204.00
Capital Expenditure Reported
-109.00
-22.47%
-89.00
-34.85%
-66.00
Net Investment Purchase And Sale
-90.00
-650.00%
-12.00
-200.00%
-4.00
-102.00%
200.00
Purchase Of Investment
-90.00
-650.00%
-12.00
-200.00%
-4.00
Net Business Purchase And Sale
766.00
+51.08%
507.00
+160.43%
-839.00
-396.45%
-169.00
Purchase Of Business
-104.00
+7.14%
-112.00
+87.93%
-928.00
-449.11%
-169.00
Gain Loss On Sale Of Business
-40.00
-111.87%
337.00
+883.72%
-43.00
-172.88%
59.00
Financing Cash Flow
-936.00
-103.92%
-459.00
+61.75%
-1,200.00
+65.17%
-3,445.00
Cash Flow From Continuing Financing Activities
-936.00
-103.92%
-459.00
+61.75%
-1,200.00
+65.17%
-3,445.00
Net Issuance Payments Of Debt
994.00
+992.31%
91.00
-81.58%
494.00
+199.39%
165.00
Issuance Of Debt
999.00
+33.91%
746.00
-0.27%
748.00
-0.27%
750.00
Repayment Of Debt
-5.00
+99.24%
-655.00
-157.87%
-254.00
+56.58%
-585.00
Long Term Debt Issuance
999.00
+33.91%
746.00
-0.27%
748.00
-0.27%
750.00
Long Term Debt Payments
-5.00
+99.24%
-655.00
-157.87%
-254.00
+56.58%
-585.00
Net Long Term Debt Issuance
994.00
+992.31%
91.00
-81.58%
494.00
+199.39%
165.00
Short Term Debt Payments
Net Short Term Debt Issuance
Net Common Stock Issuance
-1,650.00
-83.13%
-901.00
+9.90%
-1,000.00
+71.62%
-3,523.00
Common Stock Payments
-1,650.00
-83.13%
-901.00
+9.90%
-1,000.00
+71.67%
-3,530.00
Common Stock Dividend Paid
-358.00
-1.13%
-354.00
-0.57%
-352.00
+4.61%
-369.00
Cash Dividends Paid
-358.00
-1.13%
-354.00
-0.57%
-352.00
+4.61%
-369.00
Repurchase Of Capital Stock
-1,650.00
-83.13%
-901.00
+9.90%
-1,000.00
+71.67%
-3,530.00
Net Other Financing Charges
78.00
-88.94%
705.00
+306.14%
-342.00
-221.28%
282.00
Changes In Cash
1,286.00
-1.30%
1,303.00
+238.62%
-940.00
+66.50%
-2,806.00
Effect Of Exchange Rate Changes
203.00
+309.28%
-97.00
-981.82%
11.00
+106.71%
-164.00
Beginning Cash Position
4,998.00
+31.80%
3,792.00
-19.68%
4,721.00
-38.62%
7,691.00
End Cash Position
6,487.00
+29.79%
4,998.00
+31.80%
3,792.00
-19.68%
4,721.00
Free Cash Flow
1,546.00
+22.02%
1,267.00
+14.87%
1,103.00
+81.41%
608.00
Interest Paid Supplemental Data
252.00
+4.13%
242.00
+8.52%
223.00
+10.95%
201.00
Income Tax Paid Supplemental Data
312.00
-10.34%
348.00
-18.69%
428.00
Common Stock Issuance
0.00
0.00
-100.00%
7.00
Issuance Of Capital Stock
0.00
0.00
-100.00%
7.00
Sale Of Business
870.00
+40.55%
619.00
+595.51%
89.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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