WTWWILLIS TOWERS WATSON PLC
Insurance Agents, Brokers & Service
- Revenue
- $9.5B
- 2.3% YoY
- Operating margin
- 23.5%
- 265% YoY
- EBITDA
- $2.5B
- 187% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.1×
- $7.7B net debt
- AI in 10-K
- —
Red flags 1 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear111% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowFired113% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear33% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $8.8B | $8.7B | $9.3B | $9.7B | $9.5B | 2.3% |
| Operating income | $2.2B | $1.2B | $1.4B | $627M | $2.2B | 256% |
| Net income | $4.2B | $1.0B | $1.1B | −$98M | $1.6B | 1738% |
| Operating cash flow | $2.1B | $812M | $1.3B | $1.5B | $1.8B | 17% |
| Capex | — | — | $242M | $245M | $229M | 6.5% |
| Stock-based comp | $101M | $99M | $125M | $121M | $153M | 26% |
| Buybacks | $1.6B | $3.5B | $1.0B | $901M | $1.6B | 83% |
| Dividends | $374M | $369M | $352M | $354M | $358M | 1.1% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $912K · 1
- Net
- −$912K
Pay vs performance
No pay-versus-performance disclosure yet.