Willis Towers Watson Public Limited Company (WTW) — Financial statements
Income statement, balance sheet, and cash flow for Willis Towers Watson Public Limited Company — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 9,708↓2.2% | 9,930↑4.7% | 9,483↑7.0% | 8,866↓1.5% | 8,998 | |
| Cost of Revenue | 5,625↑2.2% | 5,502↑3.0% | 5,344↑5.5% | 5,065↓3.6% | 5,253 | |
| Gross Profit | 4,083↓7.8% | 4,428↑7.0% | 4,139↑8.9% | 3,801↑1.5% | 3,745 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Expenses | 1,849↓51.4% | 3,801↑37.0% | 2,774↑5.8% | 2,623↑70.0% | 1,543 | |
| Operating Expenses | 1,849↓51.4% | 3,801↑37.0% | 2,774↑5.8% | 2,623↑70.0% | 1,543 | |
| Total Costs & Expenses | 7,474↓19.7% | 9,303↑14.6% | 8,118↑5.6% | 7,688↑13.1% | 6,796 | |
| Operating Results | ||||||
| Operating Income | 2,234↑256.3% | 627↓54.1% | 1,365↑15.9% | 1,178↓46.5% | 2,202 | |
| Depreciation & Amortization | 418↓8.3% | 456↓9.7% | 505↓10.9% | 567↓12.8% | 650 | |
| EBITDA | 2,675↑225.0% | 823↓59.2% | 2,019↓0.7% | 2,033↓42.8% | 3,553 | |
| EBIT | 2,257↑515.0% | 367↓75.8% | 1,514↑3.3% | 1,466↓49.5% | 2,903 | |
| Interest & Other Income | ||||||
| Net Interest Income | -260↑1.1% | -263↓11.9% | -235↓13.0% | -208↑1.4% | -211 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 260↓1.1% | 263↑11.9% | 235↑13.0% | 208↓1.4% | 211 | |
| Non-Operating Income | -23↓108.8% | 260↑274.5% | -149↑48.3% | -288↑58.9% | -701 | |
| Other Income / Expenses | -303↑42.1% | -523↓508.1% | -86↓207.5% | 80↓83.7% | 490 | |
| Income Before Tax | 1,931↑1756.7% | 104↓91.9% | 1,279↑1.7% | 1,258↓53.3% | 2,692 | |
| Income Tax Expense | 318↑65.6% | 192↓10.7% | 215↑10.8% | 194↓63.8% | 536 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 1,613↑1933.0% | -88↓108.3% | 1,064↑0.0% | 1,064↓50.6% | 2,156 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↑100.0% | -40↓101.9% | 2,080 | |
| Net Income | 1,605↑1737.8% | -98↓109.3% | 1,055↑4.6% | 1,009↓76.1% | 4,222 | |
| Bottom-Line Net Income | 1,605↑1737.8% | -98↓109.3% | 1,055↑4.6% | 1,009↓76.1% | 4,222 | |
| EPS (Basic) | 16.34↑1802.1% | -0.96↓109.6% | 10.05↑11.7% | 9.00↓40.1% | 15.02 | |
| EPS (Diluted) | 16.26↑1793.8% | -0.96↓109.6% | 9.95↑10.8% | 8.98↓39.7% | 14.90 | |
| Weighted Average Shares | 98↓3.9% | 102↓2.9% | 105↓6.3% | 112↓12.5% | 128 | |
| Weighted Average Diluted Shares | 99↓2.9% | 102↓3.8% | 106↓5.4% | 112↓13.2% | 129 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.