Willis Towers Watson Public Cash Flow Statement
NASDAQ: WTWFinanceSpecialty InsurersUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Willis Towers Watson Public free cash flow
In fiscal 2025, Willis Towers Watson Public generated $1.77 billion of operating cash flow and spent $229.0 million on capital expenditures. That left free cash flow of $1.55 billion, a free-cash-flow margin of 15.9% of revenue. Free cash flow was up 22.0% from the prior year's $1.27 billion.
Willis Towers Watson Public returned $2.01 billion to shareholders: $358.0 million in dividends and $1.65 billion in share repurchases, equal to 130% of free cash flow. Free cash flow covered dividend payments 4.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Willis Towers Watson Public cash flow 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.61B | -88.00M | 1.06B | 1.02B | 4.24B | 1.02B | 1.07B | 715.00M | 592.00M | 438.00M |
| Net Income growth (YoY) | — | -108.27% | +3.91% | -75.83% | +315.29% | -4.94% | +50.07% | +20.78% | +35.16% | +14.06% |
| Depreciation & Amortization | 226.00M | 230.00M | 242.00M | 255.00M | 281.00M | 308.00M | 240.00M | 213.00M | 252.00M | 178.00M |
| Stock-Based Compensation | 153.00M | 121.00M | 125.00M | 99.00M | 101.00M | 90.00M | 74.00M | 50.00M | 67.00M | 123.00M |
| Change in Working Capital | -702.00M | -305.00M | -375.00M | -880.00M | -431.00M | 82.00M | -794.00M | 26.00M | -243.00M | -160.00M |
| Operating Cash Flow | 1.77B | 1.51B | 1.34B | 812.00M | 2.06B | 1.77B | 1.08B | 1.29B | 862.00M | 933.00M |
| Capital Expenditures | -229.00M | -245.00M | -242.00M | — | — | — | — | -268.00M | -300.00M | -218.00M |
| Investing Cash Flow | 447.00M | 250.00M | -1.08B | -173.00M | 2.57B | -160.00M | -1.61B | -341.00M | -335.00M | 195.00M |
| Dividends Paid | -358.00M | -354.00M | -352.00M | -369.00M | -374.00M | -346.00M | -329.00M | -306.00M | -277.00M | -199.00M |
| Share Repurchases | -1.65B | -901.00M | -1.00B | -3.53B | -1.63B | 0 | -150.00M | -602.00M | -532.00M | -396.00M |
| Debt Issued | 999.00M | 746.00M | 748.00M | 750.00M | 0 | 282.00M | 997.00M | 998.00M | 649.00M | 1.61B |
| Debt Repaid | -5.00M | -655.00M | -254.00M | -585.00M | -1.01B | -327.00M | -995.00M | -170.00M | -734.00M | -1.90B |
| Financing Cash Flow | -936.00M | -459.00M | -1.20B | -3.44B | -3.11B | 378.00M | 455.00M | -903.00M | -479.00M | -775.00M |
| Net Change in Cash | 1.29B | 1.30B | -940.00M | -2.81B | 1.52B | 1.99B | -78.00M | 44.00M | 48.00M | — |
| Free Cash Flow | 1.55B | 1.27B | 1.10B | 812.00M | 2.06B | 1.77B | 1.08B | 1.02B | 562.00M | 715.00M |
This table shows 10 annual periods of Willis Towers Watson Public's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WTW's reporting calendar. What is a cash flow statement?