Willis Towers Watson Public Limited Company
WTW Financial Insurance Brokers
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. In the quarter to June 2026, revenue grew 9.07%, EPS fell 27.3%, free cash flow grew 42.8% and total debt rose 23.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
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Willis Towers Watson Public Limited Company (WTW) P/B ratio
As of 16 October 2026, Willis Towers Watson Public Limited Company (WTW) trades at a P/B ratio of 3.8×. Over the past ten years it has ranged from 1.4× (June 2016) to 4.5× (December 2024); the current reading is higher than 87% of that period. That is above the Insurance Brokers industry median of 2.9× and above the Financial sector median of 1.2×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 4.0× | 0.35% |
| FY2024 | 4.0× | 51.74% |
| FY2023 | 2.6× | (3.47%) |
| FY2022 | 2.7× | 19.11% |
| FY2021 | 2.3× | (8.83%) |
| FY2020 | 2.5× | (1.05%) |
| FY2019 | 2.5× | 26.89% |
| FY2018 | 2.0× | 3.05% |
| FY2017 | 1.9× | 16.78% |
| FY2016 | 1.7× | (55.28%) |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 3.2× | (7.73%) |
| Mar 2026 | 3.4× | (14.32%) |
| Dec 2025 | 4.0× | (7.74%) |
| Sep 2025 | 4.3× | 16.85% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| BRO Brown & Brown, Inc. compare | 1.8× |
| BWIN Baldwin Insurance Group, Inc. compare | 2.1× |
| AJG Arthur J. Gallagher & Co. compare | 2.7× |
| WTW Willis Towers Watson Public Limited Company | 3.8× |
| ERIE Erie Indemnity Company compare | 4.6× |
| ARX Accelerant Holdings compare | 5.8× |
| MRSH Marsh compare | 5.8× |
| AON Aon plc compare | 6.4× |
| CRVL CorVel Corp. compare | 9.9× |
| Insurance Brokers industry median | 2.9× |
| Financial sector median | 1.2× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on WTW
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement