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MARKETS / NASDAQ / WTW
NASDAQ · INSURANCE AGENTS, BROKERS & SERVICE · LARGE CAP

Willis Towers Watson PLC WTW

18 fiscal years on record · USD · FY2025 reported · SEC filings only
9 YEARS OF DIVIDEND GROWTH
$9.5B
▼ 2.3% YoY
$1.6B
$1.5B
▲ 22.0% YoY
Growth
USD 9.5B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 9.5 · Net income 1.6
4B8B2008201120142017202020232025
Compound annual growth
+2.9%
+2.2%
+9.5%
+7.2%
+16.7%
+10.0%
+15.7%
+8.8%
+21.9%
+16.3%
+3.9%
+6.0%
−19.8%
+42.1%
+21.9%
+17.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +2.2% a year over five years — but profit grew faster: net income at +10.0%, earnings per share at +16.3%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
17 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 23.5% · Net 17.0%
20%40%-5%-10%2008201120142017202020232025
ROE
FY2025 · ROE 20.2%
10%20%30%-10%-20%2008201120142017202020232025

Each USD of equity produced 20 cents of profit this year.

Cash & shareholders
USD 2.0B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.5
0.8B2008201120142017202020232025
Net buybacks $B Dividends $B
FY2025 · Dividends 0.4 · Net buybacks 1.6
2BDividendsNet buybacks2008201120142017202020232025
Dividends paidUSD 358.0M
Net buybacksUSD 1.6B
Share of profit125.1%
Consecutive raises9 years (since the 2016 share-count change)

USD 358.0M in dividends and USD 1.6B in buybacks — 125% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 29.5B
EquityUSD 8.0B
CashUSD 3.1B
Gross debtUSD 6.3B
Net debtUSD 3.2B
Current ratio1.20×

Net debt stands at 40% of equity.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B9.59.79.38.78.88.68.38.48.27.93.83.83.73.53.43.33.32.8
Operating income $B2.20.61.41.22.20.91.10.80.50.30.40.60.7−0.20.60.80.70.5
EBITDA $B2.50.91.61.42.51.21.31.00.80.50.50.70.8−0.10.60.80.80.6
Income tax $B0.30.20.20.20.50.20.20.1−0.1−0.1−0.00.20.10.10.00.10.10.1
Net income $B1.6−0.11.11.04.21.01.00.70.60.40.40.40.4−0.40.20.50.40.3
Free cash flow $B1.51.31.1····1.00.60.70.10.40.40.40.30.40.30.2
EPS, diluted $16.26−0.969.958.9832.787.658.025.274.183.045.415.325.37−2.581.162.662.59·
Dividend / sh $3.683.523.363.283.022.752.602.402.121.923.283.182.971.081.041.041.041.04
Payout %22−361333793532444947745853−4188394048
ROE %20.2−1.110.88.735.19.510.47.05.66.817.717.218.7−21.38.119.121.816.4
Shares out B·0.100.100.110.120.130.130.130.130.140.07·······

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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Provenance
Company facts, as filed
How we verify · 0 failures in 69 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityInsurance Agents, Brokers & Service
Listed onNASDAQ
Incorporated inoutside the United States — SEC code L2
Fiscal year endsDecember 31
Data on record since2008

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