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.

315.26 4.90 +1.58%
Market cap
$28.8B
P/E
19.3×
Fwd P/E
15.3×
Dividend yield
1.21%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Willis Towers Watson Public Limited Company (WTW) P/B ratio

Alert me on 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

Embed this chart

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

Against its own ten years

Low 1.4× High 4.5×
Ten-year median 2.5×
Current reading's percentile 89

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))

The full definition of P/B ratio →

More on WTW