Willis Towers Watson Public Financial Statements
NASDAQ: WTWFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Willis Towers Watson Public revenue and earnings
In fiscal 2025, Willis Towers Watson Public generated $9.71 billion in revenue, down 2.2% from fiscal 2024, its first annual decline since 2021. Net income was $1.60 billion, for a net margin of 16.5% versus a median of 11.4% in the prior 5 years. Operating margin was 23.0%.
Diluted earnings per share came in at $16.26. Over the last 5 fiscal years, WTW's revenue has grown at a 2.4% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Willis Towers Watson Public income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20212022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.71B | 9.93B | 9.48B | 8.87B | 9.00B | 8.62B | 8.37B | 8.51B | 8.20B | 7.89B |
| Revenue growth (YoY) | -2.24% | +4.71% | +6.96% | -1.47% | +4.45% | +2.93% | -1.68% | +3.79% | +3.99% | +105.98% |
| Operating Expenses | — | — | — | — | — | — | — | 7.70B | 7.69B | 7.54B |
| Operating Income | 2.23B | 627.00M | 1.36B | 1.18B | 2.20B | 859.00M | 1.05B | 809.00M | 516.00M | 348.00M |
| Interest Expense | 260.00M | 263.00M | 235.00M | 208.00M | 211.00M | 244.00M | 234.00M | 208.00M | 188.00M | 184.00M |
| Other Income (Expense) | -21.00M | -262.00M | 146.00M | 288.00M | 701.00M | 396.00M | 226.00M | 250.00M | 164.00M | 178.00M |
| Pretax Income | 1.95B | 102.00M | 1.28B | 1.26B | 2.69B | 1.01B | 1.05B | 851.00M | 492.00M | 342.00M |
| Income Tax | 318.00M | 192.00M | 215.00M | 194.00M | 536.00M | 249.00M | 197.00M | 136.00M | -100.00M | -96.00M |
| Net Income | 1.60B | -98.00M | 1.05B | 1.01B | 4.22B | 996.00M | 1.04B | 695.00M | 568.00M | 420.00M |
| Net Income growth (YoY) | — | -109.29% | +4.56% | -76.10% | +323.90% | -4.60% | +50.22% | +22.36% | +35.24% | +12.60% |
| EPS (Basic) | 16.34 | -0.96 | 10.01 | 9.00 | 32.88 | 7.68 | 8.05 | 5.29 | 4.21 | 3.07 |
| EPS (Diluted) | 16.26 | -0.96 | 9.95 | 8.98 | 32.78 | 7.65 | 8.02 | 5.27 | 4.18 | 3.04 |
| Shares Outstanding (Basic) | 98.00M | 102.00M | 105.00M | 112.00M | 128.00M | 130.00M | 130.00M | 131.00M | 135.00M | 137.00M |
| Shares Outstanding (Diluted) | 99.00M | 102.00M | 106.00M | 112.00M | 129.00M | 130.00M | 130.00M | 132.00M | 136.00M | 138.00M |
| EBITDA | 2.46B | 857.00M | 1.61B | 1.43B | 2.48B | 1.17B | 1.29B | 1.02B | 768.00M | 526.00M |
| Operating Margin | 23.01% | 6.31% | 14.39% | 13.29% | 24.47% | 9.97% | 12.59% | 9.50% | 6.29% | 4.41% |
| Net Margin | 16.53% | -99.00% | 11.13% | 11.38% | 46.92% | 11.56% | 12.47% | 8.16% | 6.93% | 5.33% |
This table shows 10 annual periods of Willis Towers Watson Public's income statement, from FY 2025 back to FY 2016, across 15 line items including revenue, operating expenses, operating income. Values in USD; B = billions, M = millions. Fiscal periods follow WTW's reporting calendar. What is a income statement?