Cash Flow Statement
Growth Metrics

Willis Towers Watson (WTW) Change in Accured Expenses (2009 - 2026)

Willis Towers Watson posted quarterly Change in Accured Expenses of -$517.0 million for Q1 2026, up 25.18% year-on-year from -$413.0 million in Q1 2025, and down 323.81% on a QoQ basis from $231.0 million in Q4 2025.

Willis Towers Watson (WTW) has 18 years of Change in Accured Expenses data on file, last reported at -$517.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Accured Expenses rose 25.18% year-over-year to -$517.0 million; the trailing twelve-month figure through Mar 2026 stood at -$284.0 million (down 888.89% YoY), and the FY2025 full-year result was -$458.0 million, down 252.16% from the prior year.
  • Change in Accured Expenses for Q1 2026 stood at -$517.0 million, down from $231.0 million in the prior quarter.
  • Across five years, Change in Accured Expenses topped out at $460.0 million in Q4 2024 and bottomed at -$691.0 million in Q1 2025.
  • The 5-year median for Change in Accured Expenses is $63.0 million (2022), against an average of -$67.8 million.
  • The widest annual swing landed in 2022, when Change in Accured Expenses slumped 330.0%; it then surged 1280.0% in 2023.
  • A 5-year view of Change in Accured Expenses shows it stood at $15.0 million in 2022, then soared by 1280.0% to $207.0 million in 2023, then jumped by 122.22% to $460.0 million in 2024, then plunged by 49.78% to $231.0 million in 2025, then slumped by 323.81% to -$517.0 million in 2026.
  • The last three Change in Accured Expenses figures came in at -$517.0 million (Q1 2026), $231.0 million (Q4 2025), and $89.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Aon 69.60 Bn 68.21 Bn - -656.00 Mn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - -411.00 Mn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn -517.00 Mn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn -184.00 Mn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 13.23 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 2.42 Mn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - -5.55 Mn
10 Twfg 279.02 Mn 351.22 Mn - -196,000.00

Historic Data

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DateValue
Mar 31, 2026 -517.00 Mn
Mar 31, 2026 -517.00 Mn
Dec 31, 2025 231.00 Mn
Dec 31, 2025 231.00 Mn
Sep 30, 2025 89.00 Mn
Sep 30, 2025 89.00 Mn
Jun 30, 2025 -87.00 Mn
Jun 30, 2025 -87.00 Mn
Mar 31, 2025 -691.00 Mn
Mar 31, 2025 -691.00 Mn
Dec 31, 2024 460.00 Mn
Dec 31, 2024 460.00 Mn
Sep 30, 2024 83.00 Mn
Sep 30, 2024 83.00 Mn
Jun 30, 2024 184.00 Mn
Jun 30, 2024 184.00 Mn
Mar 31, 2024 -426.00 Mn
Mar 31, 2024 -426.00 Mn
Dec 31, 2023 207.00 Mn
Dec 31, 2023 207.00 Mn
Sep 30, 2023 155.00 Mn
Sep 30, 2023 155.00 Mn
Jun 30, 2023 65.00 Mn
Jun 30, 2023 65.00 Mn
Mar 31, 2023 -411.00 Mn
Mar 31, 2023 -411.00 Mn
Dec 31, 2022 15.00 Mn
Dec 31, 2022 15.00 Mn
Sep 30, 2022 63.00 Mn
Sep 30, 2022 63.00 Mn
Jun 30, 2022 -115.00 Mn
Jun 30, 2022 -115.00 Mn
Mar 31, 2022 -458.00 Mn
Mar 31, 2022 -458.00 Mn
Dec 31, 2021 24.00 Mn
Dec 31, 2021 24.00 Mn
Sep 30, 2021 307.00 Mn
Sep 30, 2021 307.00 Mn
Jun 30, 2021 50.00 Mn
Jun 30, 2021 50.00 Mn
Mar 31, 2021 -556.00 Mn
Mar 31, 2021 -556.00 Mn
Dec 31, 2020 432.00 Mn
Dec 31, 2020 432.00 Mn
Sep 30, 2020 200.00 Mn
Sep 30, 2020 200.00 Mn
Jun 30, 2020 65.00 Mn
Jun 30, 2020 65.00 Mn
Mar 31, 2020 -482.00 Mn
Mar 31, 2020 -482.00 Mn
Dec 31, 2019 32.00 Mn
Dec 31, 2019 32.00 Mn
Sep 30, 2019 -11.00 Mn
Sep 30, 2019 -11.00 Mn
Jun 30, 2019 94.00 Mn
Jun 30, 2019 94.00 Mn
Mar 31, 2019 -379.00 Mn
Mar 31, 2019 -379.00 Mn
Dec 31, 2018 320.00 Mn
Dec 31, 2018 320.00 Mn
Sep 30, 2018 -15.00 Mn
Sep 30, 2018 -15.00 Mn
Jun 30, 2018 68.00 Mn
Jun 30, 2018 68.00 Mn
Mar 31, 2018 -393.00 Mn
Mar 31, 2018 -393.00 Mn
Dec 31, 2017 300.00 Mn
Dec 31, 2017 300.00 Mn
Sep 30, 2017 -278.00 Mn
Sep 30, 2017 -278.00 Mn
Jun 30, 2017 36.00 Mn
Jun 30, 2017 36.00 Mn
Mar 31, 2017 -109.00 Mn
Mar 31, 2017 -109.00 Mn
Dec 31, 2016 222.00 Mn
Dec 31, 2016 222.00 Mn
Sep 30, 2016 -3.00 Mn
Sep 30, 2016 -3.00 Mn
Jun 30, 2016 35.00 Mn
Jun 30, 2016 35.00 Mn
Mar 31, 2016 -80.00 Mn
Mar 31, 2016 -80.00 Mn
Dec 31, 2015 96.00 Mn
Dec 31, 2015 96.00 Mn
Sep 30, 2015 12.00 Mn
Sep 30, 2015 12.00 Mn
Jun 30, 2015 -20.00 Mn
Jun 30, 2015 -20.00 Mn
Mar 31, 2015 -149.00 Mn
Mar 31, 2015 -149.00 Mn
Dec 31, 2014 -362.00 Mn
Dec 31, 2014 -362.00 Mn
Sep 30, 2014 325.00 Mn
Sep 30, 2014 325.00 Mn
Jun 30, 2014 -26.00 Mn
Jun 30, 2014 -26.00 Mn
Mar 31, 2014 -28.00 Mn
Mar 31, 2014 -28.00 Mn
Dec 31, 2013 570.00 Mn
Dec 31, 2013 570.00 Mn
Sep 30, 2013 -339.00 Mn
Sep 30, 2013 -339.00 Mn
Jun 30, 2013 258.00 Mn
Jun 30, 2013 258.00 Mn
Mar 31, 2013 -44.00 Mn
Mar 31, 2013 -44.00 Mn
Dec 31, 2012 251.00 Mn
Dec 31, 2012 251.00 Mn
Sep 30, 2012 -32.00 Mn
Sep 30, 2012 -32.00 Mn
Jun 30, 2012 133.00 Mn
Jun 30, 2012 133.00 Mn
Mar 31, 2012 -33.00 Mn
Mar 31, 2012 -33.00 Mn
Dec 31, 2011 84.00 Mn
Dec 31, 2011 84.00 Mn
Sep 30, 2011 80.00 Mn
Sep 30, 2011 80.00 Mn
Jun 30, 2011 -33.00 Mn
Jun 30, 2011 -33.00 Mn
Mar 31, 2011 -30.00 Mn
Mar 31, 2011 -30.00 Mn
Dec 31, 2010 239.00 Mn
Dec 31, 2010 239.00 Mn
Sep 30, 2010 -124.00 Mn
Sep 30, 2010 -124.00 Mn
Dec 31, 2009 42.00 Mn
Dec 31, 2009 42.00 Mn
Sep 30, 2009 -238.00 Mn
Sep 30, 2009 -238.00 Mn