Friday 6 November 2026 Export WTW’s income statement to Excel — free account

Willis Towers Watson Public Limited Company

Willis Towers Watson Public Limited Company’s revenue for fiscal 2025 (year ended December 2025) was $9.7 billion, down 2.24% from fiscal 2024.

Revenue: +7.52%
EPS: +4.17%
Free cash flow: +13.4%
Total debt: +22.9%

Quarter to September 2026, against a year earlier

336.06 1.31 −0.39%

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Market cap: $31.0B
P/E: 20.4×
Fwd P/E: 18.8×
Dividend yield: 1.13%
F-score: 6/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Sep '26	Jun '26	Mar '26	Dec '25	Older periods
P/E ratio Full definition →	17.51	16.01	16.86	19.96	+8 more quarters Free account
P/S ratio Full definition →	2.64	2.43	2.79	3.32
P/FCF ratio Full definition →	31.50	31.62	42.68	22.68
P/Operating CF Full definition →	36.66	50.76	(2,761.65)	41.77
P/B ratio Full definition →	3.46	3.16	3.43	4.00
Price to Tangible BV Full definition →	0.00	0.00	0.00	0.00
EV/Sales Full definition →	—	2.92	3.30	3.64
EV/EBITDA Full definition →	—	11.04	12.22	13.34
EV/Operating CF Full definition →	—	15.33	18.12	19.93
EV/FCF Full definition →	—	37.93	50.41	24.91
Quick Ratio Full definition →	1.62	1.68	2.92	2.21
Current Ratio Full definition →	1.62	1.68	2.92	2.21
Net Debt/EBITDA Full definition →	8.45	10.34	8.06	2.83
Debt/Assets Full definition →	21.78%	21.37%	21.27%	21.35%
Debt/Equity Full definition →	0.83	0.84	0.78	0.78
Asset Turnover Full definition →	0.36	0.34	0.34	0.34
Operating CF/Net income Full definition →	2.44	2.11	(0.03)	1.05
Capex/Depreciation Full definition →	(0.31)	(0.45)	(8.23)	(0.73)
Interest Coverage Full definition →	5.36	4.67	5.82	15.39
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	61.26%	62.90%	59.45%	49.01%
Intangible Assets out of Total Assets Full definition →	0.37	0.37	0.37	0.34
Share Based Compensation of Revenue Full definition →	2.85%	2.72%	1.74%	1.67%
Graham Net Nets Full definition →	(0.66)	(0.76)	(0.62)	(0.49)
Graham Number Full definition →	175.75	174.27	181.40	174.44
Earnings Yield Full definition →	5.71%	6.25%	5.93%	5.01%
Free Cash Flow Yield Full definition →	3.17%	3.16%	2.34%	4.41%
Revenue per Share Full definition →	26.17	26.23	25.39	29.96
Operating CF per Share Full definition →	7.86	5.15	(0.11)	7.87
Capex per Share Full definition →	(0.37)	(0.53)	(9.01)	(0.80)
Free Cash Flow per Share Full definition →	7.49	4.62	(9.12)	7.07
Cash per Share Full definition →	20.70	17.31	19.53	31.96
Shareholders Equity per Share Full definition →	83.40	82.66	84.83	82.16
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00
Book value per Share Full definition →	83.40	82.66	84.83	82.16
Free Cash Flow Full definition →	704.00	434.00	(866.00)	693.00
Working Capital Full definition →	1,694.00	1,715.00	2,960.00	3,197.00
Capital Expenditures Full definition →	(35.00)	(50.00)	(856.00)	(78.00)
Net Current Asset Value Full definition →	(17,748.00)	(18,559.00)	(17,075.00)	(15,644.00)
EV/EBIT Full definition →	—	13.12	14.50	15.84
Capex to Sales Full definition →	0.01	0.02	0.35	0.03
Price to Operating Income Full definition →	12.00	10.94	12.27	14.41
Other line items
Average Receivables Full definition →	2,325.50	2,483.50	2,507.00	2,598.00
Average Assets Full definition →	28,717.50	29,518.50	28,850.50	28,605.50
Average Common Equity Full definition →	7,825.00	7,975.00	8,136.50	8,034.50

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Columns are period end dates · fundamentals updated 5 Nov 2026

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