Willis Towers Watson (WTW) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
9.9B
Gross Profit
4.4B
44.59%
Operating Income
2.1B
21.54%
Net Income
-88.0M
-0.89%
EPS (Diluted)
-$0.96
Balance Sheet Metrics
Total Assets
27.7B
Total Liabilities
19.7B
Shareholders Equity
8.0B
Debt to Equity
2.45
Cash Flow Metrics
Operating Cash Flow
147.0M
Free Cash Flow
1.3B
Revenue & Profitability Trend
Willis Towers Watson Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 9.9B | 9.5B | 8.9B | 9.0B | 8.6B |
| Cost of Goods Sold | 5.5B | 5.3B | 5.1B | 5.3B | 5.2B |
| Gross Profit | 4.4B | 4.1B | 3.8B | 3.7B | 3.5B |
| Operating Expenses | 1.8B | 1.8B | 1.8B | 1.7B | 1.7B |
| Operating Income | 2.1B | 1.8B | 1.5B | 1.4B | 993.0M |
| Pre-tax Income | 104.0M | 1.3B | 1.3B | 2.7B | 1.0B |
| Income Tax | 192.0M | 215.0M | 194.0M | 536.0M | 249.0M |
| Net Income | -88.0M | 1.1B | 1.0B | 4.2B | 1.0B |
| EPS (Diluted) | -$0.96 | $9.95 | $8.98 | $32.78 | $7.65 |
Income Statement Trend
Willis Towers Watson Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 15.1B | 13.4B | 15.8B | 18.5B | 20.3B |
| Non-Current Assets | 12.6B | 15.7B | 15.9B | 16.5B | 18.2B |
| Total Assets | 27.7B | 29.1B | 31.8B | 35.0B | 38.5B |
| Liabilities | |||||
| Current Liabilities | 12.6B | 12.6B | 14.8B | 14.7B | 19.3B |
| Non-Current Liabilities | 7.1B | 6.9B | 6.9B | 6.9B | 8.3B |
| Total Liabilities | 19.7B | 19.5B | 21.7B | 21.7B | 27.6B |
| Equity | |||||
| Total Shareholders Equity | 8.0B | 9.6B | 10.1B | 13.3B | 10.9B |
Balance Sheet Composition
Willis Towers Watson Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -88.0M | 1.1B | 1.0B | 4.2B | 1.0B |
| Operating Cash Flow | 147.0M | 1.4B | 949.0M | 4.9B | 2.0B |
| Investing Activities | |||||
| Capital Expenditures | -136.0M | -153.0M | -138.0M | -148.0M | -223.0M |
| Investing Cash Flow | 371.0M | -992.0M | -307.0M | 2.6B | -97.0M |
| Financing Activities | |||||
| Dividends Paid | -354.0M | -352.0M | -369.0M | -374.0M | -346.0M |
| Financing Cash Flow | -459.0M | -1.2B | -3.4B | -3.1B | 378.0M |
| Free Cash Flow | 1.3B | 1.1B | 608.0M | 1.9B | 1.5B |
Cash Flow Trend
Willis Towers Watson Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
29.11
Forward P/E
16.79
Price to Book
3.70
Price to Sales
3.07
PEG Ratio
16.79
Profitability Ratios
Profit Margin
-0.54%
Operating Margin
16.06%
Return on Equity
-0.48%
Return on Assets
4.54%
Financial Health
Current Ratio
1.16
Debt to Equity
72.17
Beta
0.71
Per Share Data
EPS (TTM)
-$0.46
Book Value per Share
$81.98
Revenue per Share
$96.91
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| wtw | 30.1B | 29.11 | 3.70 | -0.48% | -0.54% | 72.17 |
| Marsh & McLennan | 108.0B | 26.88 | 7.68 | 30.53% | 16.13% | 157.13 |
| Arthur J. Gallagher | 83.0B | 50.02 | 3.72 | 9.30% | 13.86% | 60.05 |
| Aon plc | 76.6B | 30.68 | 10.94 | 72.01% | 15.58% | 254.47 |
| Brown & Brown | 36.6B | 30.90 | 4.67 | 16.52% | 21.21% | 59.03 |
| Erie Indemnity | 18.7B | 30.40 | 9.03 | 32.38% | 15.73% | 0.62 |
Financial data is updated regularly. All figures are in the company's reporting currency.