Financials · Insurance Brokers
Willis Towers Watson: revenue, profit and dividends
In fiscal 2025, Willis Towers Watson had revenue of $9.71B, up 9.7% a year on average since 2015, and net income of $1.6B (16.5% of revenue). Its dividend per share has gone up 9 years in a row, to $3.68. It has 43% more shares than in 2015.
Revenue, fiscal 2025
average annual revenue growth since 2015 · −2.2% vs 2024
- Ticker
- WTW · Nasdaq
- Sector
- Financials
- Sub-industry
- Insurance Brokers
- Headquarters
- London, United Kingdom
- Founded
- 2016
- In the S&P 500 since
- January 5, 2016
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Willis Towers Watson Plc · CIK 0001140536
Revenue and net income
Revenue went from $2.83B in 2008 to $9.71B in 2025. Net loss in 2012, 2024.
Diluted earnings per share
Diluted EPS went from $5.37 in 2013 to $16.26 in 2025. Ten-year growth: 11.6% a year.
Dividends per share
Raised 9 years in a row, every year from 2017 to 2025. Ten-year growth: 1.2% a year.
Shares outstanding
43.5% more shares in 2025 than in 2015 (69M → 99M): new shares outweighed buybacks.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $1.55B in 2025, 15.9% of revenue.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Dividend | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $9.71B | $1.6B | 16.5% | $16.26 | $3.68 | 99M | $1.77B | $229M | $1.55B |
| 2024 | $9.93B | −$98M | −1.0% | −$0.96 | $3.52 | 102M | $1.51B | $245M | $1.27B |
| 2023 | $9.48B | $1.05B | 11.1% | $9.95 | $3.36 | 106M | $1.34B | $242M | $1.1B |
| 2022 | $8.87B | $1.01B | 11.4% | $8.98 | $3.28 | 112M | — | — | — |
| 2021 | $9.0B | $4.22B | 46.9% | $32.78 | $3.02 | 129M | — | — | — |
| 2020 | $8.62B | $996M | 11.6% | $7.65 | $2.75 | 130M | — | — | — |
| 2019 | $8.37B | $1.04B | 12.5% | $8.02 | $2.60 | 130M | — | — | — |
| 2018 | $8.51B | $695M | 8.2% | $5.27 | $2.40 | 132M | $1.29B | $268M | $1.02B |
| 2017 | $8.2B | $568M | 6.9% | $4.18 | $2.12 | 136M | $862M | $300M | $562M |
| 2016 | $7.89B | $420M | 5.3% | $3.04 | $1.92 | 138M | $933M | $218M | $715M |
| 2015 | $3.83B | $373M | 9.7% | $5.41 | $3.28 | 69M | $244M | $146M | $98M |
| 2014 | $3.8B | $362M | 9.5% | $5.32 | $3.18 | 68M | $477M | $113M | $364M |
| 2013 | $3.65B | $365M | 10.0% | $5.37 | $2.97 | 68M | $561M | $112M | $449M |
| 2012 | $3.48B | −$446M | −12.8% | — | — | — | $525M | $135M | $390M |
| 2011 | $3.45B | $204M | 5.9% | — | — | — | $439M | $111M | $328M |
| 2010 | $3.33B | $455M | 13.7% | — | — | — | $489M | $83M | $406M |
| 2009 | $3.25B | $438M | 13.5% | — | — | — | $419M | $96M | $323M |
| 2008 | $2.83B | $303M | 10.7% | — | — | — | $253M | $94M | $159M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- The share count goes from 173M in 2012 to 68M in 2013, far more than buybacks or new shares explain — usually an IPO, a reverse split or a reorganization that the data are not adjusted for. Per-share figures and share counts before 2013 are therefore left out.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Insurance Brokers companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.