Willis Towers Watson (WTW) Change in Cash (2009 - 2026)
Willis Towers Watson's (WTW) quarterly Change in Cash came in at -$260.0 million in Q2 2026, down 211.59% on a YoY basis from $233.0 million in Q2 2025, and up 75.31% quarter-over-quarter from -$1.1 billion in Q1 2026.
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Analysis
Willis Towers Watson (WTW) Change in Cash (2009 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has reported Change in Cash for 17 consecutive years, with -$260.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Cash fell 211.59% year-over-year to -$260.0 million; the trailing twelve-month figure through Jun 2026 stood at -$165.0 million (down 120.52% YoY), and the FY2025 full-year result was $1.3 billion, down 1.3% from the prior year.
- Change in Cash climbed to -$260.0 million in Q2 2026 per WTW's latest filing, from -$1.1 billion in the prior quarter.
- Across five years, Change in Cash topped out at $1.5 billion in Q1 2024 and bottomed at -$2.5 billion in Q1 2022.
- Historically, Change in Cash has averaged -$137.2 million across 5 years, with a median of -$85.5 million in 2022.
- The sharpest annual moves came in 2024 and 2026: Change in Cash jumped 8400.0% in 2024, then sank 1008.42% in 2026.
- Over 5 years, Change in Cash stood at -$76.0 million in 2022, then surged by 93.42% to -$5.0 million in 2023, then surged by 8400.0% to $415.0 million in 2024, then jumped by 156.14% to $1.1 billion in 2025, then sank by 124.46% to -$260.0 million in 2026.
- According to Business Quant data, Change in Cash over the past three periods registered -$260.0 million, -$1.1 billion, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 548.00 Mn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | -401.00 Mn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 851.00 Mn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | -260.00 Mn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 141.00 Mn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | - |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | 14.29 Mn |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 278.00 Mn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 100.90 Mn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 154.57 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -260.00 Mn |
| Mar 31, 2026 | -1.05 Bn |
| Dec 31, 2025 | 1.06 Bn |
| Sep 30, 2025 | 85.00 Mn |
| Jun 30, 2025 | 233.00 Mn |
| Mar 31, 2025 | -95.00 Mn |
| Dec 31, 2024 | 415.00 Mn |
| Sep 30, 2024 | 251.00 Mn |
| Jun 30, 2024 | -869.00 Mn |
| Mar 31, 2024 | 1.51 Bn |
| Dec 31, 2023 | -5.00 Mn |
| Sep 30, 2023 | -217.00 Mn |
| Jun 30, 2023 | -338.00 Mn |
| Mar 31, 2023 | -380.00 Mn |
| Dec 31, 2022 | -76.00 Mn |
| Sep 30, 2022 | -317.00 Mn |
| Jun 30, 2022 | 72.00 Mn |
| Mar 31, 2022 | -2.49 Bn |
| Dec 31, 2021 | 1.54 Bn |
| Sep 30, 2021 | 309.00 Mn |
API Access
Willis Towers Watson Change in Cash API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-cash&ticker=WTW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-cash", "ticker": "WTW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-cash&ticker=WTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();