Willis Towers Watson Public Limited Company
WTW · NASDAQ
Financial statements
Annual and quarterly income, balance-sheet, cash-flow and key-statistics data.
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2022 FY | 8.87B | 3.80B | 1.18B | 1.01B | 9.00 |
| 2023 FY | 9.48B | 4.14B | 1.37B | 1.06B | 10.05 |
| 2024 FY | 9.93B | 4.43B | 627.00M | -98.00M | -0.96 |
| 2025 FY | 9.71B | 4.08B | 2.23B | 1.61B | 16.34 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2022 FY | 31.77B | 21.68B | 1.26B | 5.48B | 10.02B |
| 2023 FY | 29.09B | 19.50B | 1.42B | 5.94B | 9.52B |
| 2024 FY | 27.68B | 19.66B | 1.89B | 5.93B | 7.94B |
| 2025 FY | 29.53B | 21.48B | 3.13B | 6.91B | 7.98B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2022 FY | 812.00M | -204.00M | 608.00M | -369.00M | -2.97B |
| 2023 FY | 1.35B | -242.00M | 1.10B | -352.00M | -929.00M |
| 2024 FY | 1.51B | -245.00M | 1.27B | -354.00M | 1.21B |
| 2025 FY | 1.78B | -229.00M | 1.55B | -358.00M | 1.49B |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2022 FY | 27.39B | 31.61B | — | — | — |
| 2023 FY | 25.33B | 29.84B | — | — | — |
| 2024 FY | 31.95B | 35.99B | — | — | — |
| 2025 FY | 32.20B | 35.98B | — | — | — |
Income statement
| Period | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 Q2 | 2.26B | 812.00M | 368.00M | 331.00M | 3.34 |
| 2025 Q3 | 2.29B | 875.00M | 418.00M | 304.00M | 3.10 |
| 2025 Q4 | 2.94B | 1.50B | 1.02B | 735.00M | 7.66 |
| 2026 Q1 | 2.41B | 593.00M | 448.00M | 297.00M | 3.12 |
Balance sheet
| Period | Total assets | Liabilities | Cash | Debt | Equity |
|---|---|---|---|---|---|
| 2025 Q2 | 28.48B | 20.30B | 1.96B | 5.94B | 8.10B |
| 2025 Q3 | 27.44B | 19.63B | 1.90B | 5.91B | 7.74B |
| 2025 Q4 | 29.53B | 21.48B | 3.13B | 6.90B | 7.98B |
| 2026 Q1 | 29.64B | 21.58B | 1.86B | 6.91B | 7.98B |
Cash flow
| Period | Operating cash flow | Capital expenditure | Free cash flow | Dividends paid | Net cash change |
|---|---|---|---|---|---|
| 2025 Q2 | 361.00M | -58.00M | 303.00M | -91.00M | 360.00M |
| 2025 Q3 | 678.00M | -51.00M | 627.00M | -90.00M | 80.00M |
| 2025 Q4 | 771.00M | -63.00M | 708.00M | -89.00M | 1.06B |
| 2026 Q1 | -10.00M | -55.00M | -65.00M | -88.00M | -1.08B |
Key statistics
| Period | Market cap | Enterprise value | P/E | Price / sales | Debt / equity |
|---|---|---|---|---|---|
| 2025 Q2 | 30.65B | 34.62B | — | — | — |
| 2025 Q3 | 34.20B | 38.22B | — | — | — |
| 2025 Q4 | 31.55B | 35.32B | — | — | — |
| 2026 Q1 | 27.67B | 32.72B | — | — | — |