Willis Towers Watson Public Limited Company logo WTW - Willis Towers Watson Public Limited Company

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 1
BUY 18
HOLD 9
SELL 1
STRONG
SELL 0
| PRICE TARGET: $337.38 DETAILS
HIGH: $409.00
LOW: $275.00
MEDIAN: $338.00
CONSENSUS: $337.38
UPSIDE: 31.07%
Annual Quarterly
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Revenue
Revenue 9,708 9,930 9,483 8,866 8,998 8,615 8,370 8,513 8,202 7,887 3,829 3,802 3,655 3,480 3,447 3,332 3,263 2,827 2,578 2,428 2,267 2,275 2,076 1,735 1,424 1,305
Cost of Revenue 5,625 5,502 5,344 5,065 5,253 5,157 4,929 5,123 4,967 4,849 2,303 2,314 2,207 2,475 2,087 1,868 0 0 0 0 0 0 0 0 0 0
Gross Profit 4,083 4,428 4,139 3,801 3,745 3,458 3,441 3,390 3,235 3,038 1,526 1,488 1,448 1,005 1,360 1,464 3,263 2,827 2,578 2,428 2,267 2,275 2,076 1,735 1,424 1,305
Operating Expenses
R&D Expenses 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
SG&A Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,087 1,873 1,827 1,638 1,908 1,911 1,789 1,609 1,428 1,294 1,212 1,062
Other Expenses 1,849 3,801 2,774 2,623 1,543 2,599 2,387 2,581 2,719 2,690 1,099 841 785 1,230 (1,293) (1,162) 742 686 50 (35) 27 0 28 22 51 89
Operating Expenses 1,849 3,801 2,774 2,623 1,543 2,599 2,387 2,581 2,719 2,690 1,099 841 785 1,230 794 711 2,569 2,324 1,958 1,876 1,816 1,609 1,456 1,316 1,263 1,151
Operating Income
Operating Income 2,234 627 1,365 1,178 2,202 859 1,054 809 516 348 427 647 663 (225) 566 753 694 503 620 552 451 666 620 419 161 154
Interest Expense 260 263 235 208 211 244 234 208 188 184 142 135 126 128 156 166 174 105 0 0 0 0 0.1 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.1 0 0 0
Profitability
EBITDA 2,675 823 2,019 2,033 3,553 2,025 2,009 1,806 1,513 1,295 653 799 774 (71) 537 898 858 593 686 615 505 713 659 454 229 244
EBIT 2,257 367 1,514 1,466 2,903 1,255 1,280 1,059 680 526 482 653 625 (209) 395 753 694 503 620 552 451 666 620 419 161 172
Income Before Tax 1,931 104 1,279 1,258 2,692 1,011 1,046 851 495 344 351 532 499 (332) 251 610 553 420 554 514 421 591 567 354 79 65
Income Tax Expense 318 192 215 194 536 249 197 136 (100) (96) (33) 159 122 101 32 140 96 97 144 63 143 197 159 141 62 33
Net Income 1,605 (98) 1,055 1,009 4,222 996 1,044 695 568 420 373 362 365 (446) 204 455 438 303 409 449 281 402 414 210 2 9
Per Share Data
EPS (Basic) 16.34 -0.96 10.05 9.00 15.02 7.68 8.03 5.31 4.21 2.28 5.49 5.38 5.53 -6.83 3.10 7.10 6.91 5.43 7.47 7.58 4.64 6.78 6.36 3.79 0.03 0.19
EPS (Diluted) 16.26 -0.96 9.95 8.98 14.90 7.65 8.03 5.27 4.18 2.26 5.41 5.30 5.37 -6.83 3.05 7.05 6.86 5.43 7.36 7.52 4.56 6.41 5.75 3.39 0.03 0.19
Shares Outstanding 98 102 105 112 128 130 130 131 135 137 68.0 67.2 66.0 65.3 65.3 64.2 63.4 55.9 54.7 59.3 60.8 59.3 57.4 55.5 51.3 45.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000
Current Assets
Cash & Cash Equivalents 3,132 1,890 1,424 1,262 4,486 2,039 887 1,033 1,030 870 191 176 351 364 211 128 88
Short-Term Investments 0 0 0 0 200 0 0 0 0 0 0 20 74 61 54 42 41
Net Receivables 2,702 2,494 2,572 2,387 2,370 2,408 2,621 2,379 2,246 2,080 816 9,131 7,316 6,980 6,589 5,703 4,675
Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 10,445 10,598 9,314 12,054 11,295 15,734 13,384 12,872 12,453 10,711 9,938 1,854 1,505 1,502 1,369 1,376 1,086
Total Current Assets 16,874 15,105 13,433 15,835 18,488 20,301 17,122 16,420 15,861 13,799 10,512 9,327 9,246 8,907 8,223 7,249 5,890
Non-Current Assets
Property, Plant & Equipment 1,182 1,146 1,285 1,304 1,571 1,916 2,014 942 985 839 354 312 249 249 213 185 192
Goodwill 8,938 8,799 10,195 10,173 10,183 11,204 11,194 10,477 10,519 10,426 3,277 3,275 0 0 0 0 0
Intangible Assets 1,141 1,295 2,016 2,273 2,555 3,043 3,478 3,318 3,882 4,368 572 682 1,551 1,345 1,262 1,201 1,225
Long-Term Investments 0 157 88 90 55 70 23 7 26 30 156 273 0 0 0 0 0
Other Non-Current Assets 1,395 941 1,987 2,026 2,039 1,948 1,608 1,173 1,139 761 668 2,730 404 316 296 255 238
Total Non-Current Assets 12,656 12,576 15,657 15,934 16,482 18,230 18,389 15,976 16,597 16,474 5,111 7,075 2,407 2,051 1,922 1,700 1,700
Total Assets 29,530 27,681 29,090 31,769 34,970 38,531 35,511 32,396 32,458 30,273 15,641 16,402 11,653 10,958 10,145 8,949 7,590
Current Liabilities
Account Payables 0 1,053 1,073 975 898 857 856 691 908 117 9,686 10,314 8,562 8,210 7,725 6,799 5,484
Short-Term Debt 550 0 650 250 613 971 316 186 85 508 209 785 0 0 0 0 0
Deferred Revenue 0 0 0 0 0 0 0 0 1,711 1,481 301 471 351 327 233 163 130
Other Current Liabilities 13,329 10,890 10,335 12,972 12,406 16,646 14,215 13,939 11,752 9,492 9,942 21 147 137 169 280 269
Total Current Liabilities 14,004 12,598 12,630 14,779 14,724 19,332 16,155 15,301 14,755 13,373 10,271 11,807 9,060 8,674 8,127 7,242 5,883
Non-Current Liabilities
Long-Term Debt 5,756 5,309 4,567 4,471 3,974 4,664 5,301 4,389 4,450 3,357 2,165 1,865 450 370 567 787 958
Deferred Tax Liabilities 0 45 542 748 845 561 526 559 615 994 29 21 0 0 0 0 0
Other Non-Current Liabilities 1,246 1,208 1,159 1,046 1,370 2,106 2,174 1,990 2,195 2,295 733 1,012 699 571 572 208 492
Total Non-Current Liabilities 7,474 7,066 6,867 6,897 6,938 8,267 8,987 7,086 7,426 6,779 3,123 2,700 1,149 941 1,139 995 1,450
Total Liabilities 21,478 19,664 19,497 21,676 21,662 27,599 25,142 22,387 22,181 20,152 13,415 14,507 10,209 9,615 9,266 8,237 7,333
Stockholders' Equity
Common Stock 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20
Retained Earnings (296) 109 1,466 1,764 4,645 2,434 1,792 1,201 1,104 1,344 1,859 1,593 675 367 42 (165) (167)
Accumulated Other Comprehensive Income (2,834) (3,158) (2,856) (2,621) (2,186) (2,359) (2,227) (1,961) (1,513) (1,889) (594) (630) (212) (126) (131) 5 (5)
Total Stockholders' Equity 7,976 7,940 9,520 10,016 13,260 10,820 10,249 9,852 10,126 9,952 2,177 1,845 1,424 1,324 854 696 238
Total Liabilities & Equity 29,530 27,681 29,090 31,769 34,970 38,531 35,511 32,396 32,458 30,273 15,641 16,402 11,653 10,958 10,145 8,949 7,590
Debt Metrics
Total Debt 6,903 5,931 5,941 5,479 5,486 6,723 6,767 4,724 4,701 3,998 2,374 2,650 450 370 567 787 958
Net Debt 3,771 4,041 4,517 4,217 1,000 4,684 5,880 3,691 3,671 3,128 2,153 2,474 99 6 356 659 870
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000
Operating Activities
Net Income 1,613 1,248 1,055 1,024 4,236 1,020 1,073 715 592 330 300 427 414 210 2 9
Depreciation & Amortization 226 456 505 567 650 770 729 747 833 769 54 47 39 35 68 72
Stock-Based Compensation 153 121 125 99 101 90 74 54 67 123 0 0.0 0.0 80 0 0
Change in Working Capital (711) (326) (371) (888) (449) (56) (790) (1) (278) (61) (166) 17 4 48 25 13
Other Non-Cash Items 439 226 140 60 (2,703) (149) 67 (112) (67) (58) (95) 18.0 30.0 (22) 144 (7)
Operating Cash Flow 1,775 1,512 1,345 812 2,061 1,774 1,081 1,288 862 967 140 490 493 343 221 79
Investing Activities
Capital Expenditure (229) (245) (242) (204) (201) (286) (305) (322) (375) (307) (32) (49) (57) (47) (40) (30)
Acquisitions 855 515 (6) (169) 2,971 143 (1,312) (32) (13) 475 (35) (147) (91) (13) 27 (8)
Purchases of Investments (125) (15) (4) 200 (200) 0 0 0 0 0 (42) (80) (48) (21) (16) (32)
Sales/Maturities of Investments 0 0 0 200 53 0 0 0 0 0 47 69 42 13 14 25
Other Investing Activities (54) (5) (833) (200) 147 (80) 3 13 53 20 94 24 19 18 5 4
Investing Cash Flow 447 250 (1,085) (173) 2,770 (160) (1,614) (341) (335) 188 32 (183) (135) (50) (10) (41)
Financing Activities
Net Debt Issuance 984 91 494 165 (1,008) (45) 971 74 589 (142) 143 80 (198) (221) (172) (32)
Stock Repurchased (1,650) (901) (1,000) (3,530) (1,627) 0 (150) (602) (709) (396) (360) (339) (1) (1) (284) 0
Dividends Paid (358) (354) (352) (369) (374) (346) (329) (306) (277) (199) (135) (115) (63) 0 0 0
Other Financing Activities 88 705 (342) 323 (115) 753 (140) (39) (64) (101) 0 113 (62.9) 0 0 0
Financing Cash Flow (936) (459) (1,200) (3,445) (3,114) 378 397 (903) (479) (775) (315) (333) (222) (218) (167) (23)
Cash Position
Net Change in Cash 1,489 1,206 (929) (2,970) 1,590 2,118 (138) 3 160 338 (158) (13) 153 83 40 8
Cash at Beginning 4,998 3,792 4,721 7,691 6,301 4,183 1,033 1,030 870 532 351 364 211 128 88 80
Cash at End 6,487 4,998 3,792 4,721 7,891 6,301 895 1,033 1,030 870 193 351 364 211 128 88
Free Cash Flow 1,546 1,267 1,103 608 1,860 1,488 776 966 487 660 108 441 436 296 181 49
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Income Statement
Revenue 9,708 9,930 9,483 8,866 8,998 8,615 8,370 8,513 8,202 7,887 3,829 3,802 3,655 3,480 3,447 3,332 3,263 2,827 2,578 2,428 2,267 2,275 2,076 1,735 1,424 1,305
Gross Profit 4,083 4,428 4,139 3,801 3,745 3,458 3,441 3,390 3,235 3,038 1,526 1,488 1,448 1,005 1,360 1,464 3,263 2,827 2,578 2,428 2,267 2,275 2,076 1,735 1,424 1,305
Operating Income 2,234 627 1,365 1,178 2,202 859 1,054 809 516 348 427 647 663 (225) 566 753 694 503 620 552 451 666 620 419 161 154
Net Income 1,605 (98) 1,055 1,009 4,222 996 1,044 695 568 420 373 362 365 (446) 204 455 438 303 409 449 281 402 414 210 2 9
EPS (Diluted) 16.26 -0.96 9.95 8.98 14.90 7.65 8.03 5.27 4.18 2.26 5.41 5.30 5.37 -6.83 3.05 7.05 6.86 5.43 7.36 7.52 4.56 6.41 5.75 3.39 0.03 0.19
Balance Sheet
Cash & Equivalents 3,132 1,890 1,424 1,262 4,486 2,039 887 1,033 1,030 870 191 176 351 364 211 128 88
Total Assets 29,530 27,681 29,090 31,769 34,970 38,531 35,511 32,396 32,458 30,273 15,641 16,402 11,653 10,958 10,145 8,949 7,590
Total Debt 6,903 5,931 5,941 5,479 5,486 6,723 6,767 4,724 4,701 3,998 2,374 2,650 450 370 567 787 958
Stockholders' Equity 7,976 7,940 9,520 10,016 13,260 10,820 10,249 9,852 10,126 9,952 2,177 1,845 1,424 1,324 854 696 238
Cash Flow
Operating Cash Flow 1,775 1,512 1,345 812 2,061 1,774 1,081 1,288 862 967 140 490 493 343 221 79
Capital Expenditure (229) (245) (242) (204) (201) (286) (305) (322) (375) (307) (32) (49) (57) (47) (40) (30)
Free Cash Flow 1,546 1,267 1,103 608 1,860 1,488 776 966 487 660 108 441 436 296 181 49