Willis Towers Watson (WTW) Change in Intangibles (2012 - 2024)
Willis Towers Watson's Change in Intangibles came in at $26 million for Q4 2024, up 13.0% from $23 million a year earlier but down 3.7% from the prior quarter.
Willis Towers Watson (WTW) Change in Intangibles (2012 - 2024) Analysis & Trends
For FY2024, Willis Towers Watson's Change in Intangibles was $109 million, up 22.5% from FY2023.
- Change in Intangibles has increased in each of the last three years, with a five-year compound annual growth rate of 13.1% (FY2019 to FY2024).
- Going back by year, Change in Intangibles was $89 million in FY2023 (+34.8%), $66 million in FY2022 (+24.5%), $53 million in FY2021 (-15.9%) and $63 million in FY2020 (+6.8%).
- The five-year range for quarterly Change in Intangibles is $13 million (Q2 2021) to $29 million (Q2 2024).
- Year-over-year, Change in Intangibles has increased for 12 consecutive quarters, with growth averaging 29.3% over the last eight quarters.
- The fastest year-over-year change in Change in Intangibles over five years came in Q3 2020 (growth of 77.8%), and the weakest in Q2 2021 (a decline of 27.8%).
- Business Quant data shows WTW's Change in Intangibles at $27 million (Q3 2024), $29 million (Q2 2024) and $27 million (Q1 2024) in the three quarters before Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,083.21 Bn | -334.26 Bn | 55.86 Bn | - |
| 2 | Chubb | 127.58 Bn | 79.64 Bn | 9.13 Bn | - |
| 3 | Progressive | 122.25 Bn | 98.08 Bn | 9.04 Bn | - |
| 4 | Marsh & Mclennan Companies | 81.29 Bn | 73.03 Bn | - | - |
| 5 | Travelers Companies | 75.19 Bn | 51.44 Bn | 6.23 Bn | - |
| 6 | Manulife Financial | 73.16 Bn | 74.37 Bn | - | - |
| 7 | Metlife | 60.22 Bn | -46.26 Bn | 7.82 Bn | - |
| 8 | Arthur J. Gallagher | 57.98 Bn | 52.41 Bn | - | - |
| 9 | Aon | 57.16 Bn | 50.40 Bn | - | - |
| 10 | Willis Towers Watson | 26.80 Bn | 18.29 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 26.00 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 23.00 Mn |
| Sep 30, 2023 | 25.00 Mn |
| Jun 30, 2023 | 22.00 Mn |
| Mar 31, 2023 | 19.00 Mn |
| Dec 31, 2022 | 16.00 Mn |
| Sep 30, 2022 | 17.00 Mn |
| Jun 30, 2022 | 18.00 Mn |
| Mar 31, 2022 | 15.00 Mn |
| Dec 31, 2021 | 13.00 Mn |
| Sep 30, 2021 | 13.00 Mn |
| Jun 30, 2021 | 13.00 Mn |
| Mar 31, 2021 | 14.00 Mn |
| Dec 31, 2020 | 14.00 Mn |
| Sep 30, 2020 | 16.00 Mn |
| Jun 30, 2020 | 18.00 Mn |
| Mar 31, 2020 | 15.00 Mn |
Willis Towers Watson Change in Intangibles 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-intangibles&ticker=WTW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "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-intangibles&ticker=WTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();