Willis Towers Watson Public Quarterly 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 the quarter ended Jun 30, 2026, Willis Towers Watson Public generated $484.0 million of operating cash flow and spent $59.0 million on capital expenditures. That left free cash flow of $425.0 million, a free-cash-flow margin of 17.2% of revenue. Free cash flow was up 40.3% from the prior year's $303.0 million.
Willis Towers Watson Public returned $540.0 million to shareholders: $90.0 million in dividends and $450.0 million in share repurchases, equal to 127% of free cash flow. Free cash flow covered dividend payments 4.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
Willis Towers Watson Public cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 231.00M | 303.00M | 736.00M | 306.00M | 332.00M | 239.00M | 1.25B | -1.67B | 142.00M | 194.00M | 623.00M | 139.00M |
| Net Income growth (YoY) | -30.42% | +26.78% | -41.03% | — | +133.80% | +23.20% | +100.32% | -1302.88% | +47.92% | -5.83% | +5.06% | -27.60% |
| Depreciation & Amortization | 55.00M | 56.00M | 59.00M | 56.00M | 57.00M | 54.00M | 54.00M | 60.00M | 57.00M | 59.00M | 58.00M | 60.00M |
| Stock-Based Compensation | 67.00M | 42.00M | 49.00M | 36.00M | 31.00M | 37.00M | 36.00M | 31.00M | 30.00M | 24.00M | 38.00M | 29.00M |
| Change in Working Capital | 42.00M | -493.00M | -253.00M | 203.00M | -124.00M | -528.00M | -118.00M | 98.00M | 81.00M | -366.00M | -270.00M | 158.00M |
| Operating Cash Flow | 484.00M | -10.00M | 771.00M | 678.00M | 361.00M | -35.00M | 599.00M | 482.00M | 407.00M | 24.00M | 522.00M | 393.00M |
| Capital Expenditures | -59.00M | -55.00M | -63.00M | -57.00M | -58.00M | -51.00M | -56.00M | -63.00M | -66.00M | -60.00M | — | — |
| Investing Cash Flow | -336.00M | -840.00M | -83.00M | -82.00M | 696.00M | -84.00M | 480.00M | -72.00M | -84.00M | -74.00M | -55.00M | 5.00M |
| Dividends Paid | -90.00M | -88.00M | -89.00M | -90.00M | -91.00M | -88.00M | -89.00M | -89.00M | -90.00M | -86.00M | -87.00M | -88.00M |
| Share Repurchases | -450.00M | -300.00M | -350.00M | -600.00M | -500.00M | -200.00M | -395.00M | -205.00M | -200.00M | -101.00M | -196.00M | -350.00M |
| Debt Issued | 225.00M | 550.00M | 999.00M | 0 | 0 | 0 | 0 | 0 | 0 | 746.00M | 0 | 0 |
| Debt Repaid | -1.00M | -551.00M | -1.00M | -2.00M | -1.00M | -1.00M | -2.00M | -1.00M | -651.00M | -1.00M | -1.00M | -251.00M |
| Financing Cash Flow | -408.00M | -203.00M | 375.00M | -511.00M | -824.00M | 24.00M | -664.00M | -159.00M | -1.19B | 1.56B | -472.00M | -615.00M |
| Net Change in Cash | -260.00M | -1.05B | 1.06B | 85.00M | 233.00M | -95.00M | 415.00M | 251.00M | -869.00M | 1.51B | -5.00M | -217.00M |
| Free Cash Flow | 425.00M | -65.00M | 708.00M | 621.00M | 303.00M | -86.00M | 543.00M | 419.00M | 341.00M | -36.00M | 522.00M | 393.00M |
This table shows 12 quarterly periods of Willis Towers Watson Public's cash flow statement, from Q2 2026 back to Q3 2023, 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?