Willis Towers Watson (WTW) Change in Receivables (2009 - 2026)
Willis Towers Watson (WTW) reported Change in Receivables of -$75.0 million for Q1 2026, up 53.7% on a YoY basis from -$48.8 million in Q1 2025, and down 114.71% quarter-over-quarter from $510.0 million in Q4 2025.
Willis Towers Watson (WTW) Change in Receivables (2009 - 2026) Analysis & Trends
Willis Towers Watson has reported Change in Receivables for 18 years, with the latest figure at -$75.0 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Receivables rose 53.7% year-over-year to -$75.0 million; the trailing twelve-month figure through Mar 2026 stood at $215.0 million (up 16.85% YoY), and the FY2025 full-year result was $128.0 million, down 45.06% from the prior year.
- Change in Receivables for Q1 2026 stood at -$75.0 million, down from $510.0 million in the prior quarter.
- The five-year high for Change in Receivables was $510.0 million in Q4 2025, with the low at -$162.0 million in Q1 2025.
- Historically, Change in Receivables has averaged $40.0 million across 5 years, with a median of -$82.0 million in 2022.
- Annual changes were most pronounced in 2024 — Change in Receivables soared 85.71% — and 2025, when it plunged 1160.0%.
- Willis Towers Watson's Change in Receivables stood at $458.0 million in 2022, then advanced by 1.97% to $467.0 million in 2023, then advanced by 7.92% to $504.0 million in 2024, then increased by 1.19% to $510.0 million in 2025, then slumped by 114.71% to -$75.0 million in 2026.
- The last three Change in Receivables figures came in at -$75.0 million (Q1 2026), $510.0 million (Q4 2025), and -$157.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | 784.00 Mn |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 905.00 Mn |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 869.00 Mn |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | -75.00 Mn |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | - |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | - |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | -3.16 Mn |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | 110.00 Mn |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | 55.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -75.00 Mn |
| Mar 31, 2026 | -75.00 Mn |
| Dec 31, 2025 | 510.00 Mn |
| Dec 31, 2025 | 510.00 Mn |
| Sep 30, 2025 | -157.00 Mn |
| Sep 30, 2025 | -157.00 Mn |
| Jun 30, 2025 | -63.00 Mn |
| Jun 30, 2025 | -63.00 Mn |
| Mar 31, 2025 | -162.00 Mn |
| Mar 31, 2025 | -162.00 Mn |
| Dec 31, 2024 | 504.00 Mn |
| Dec 31, 2024 | 504.00 Mn |
| Sep 30, 2024 | -153.00 Mn |
| Sep 30, 2024 | -153.00 Mn |
| Jun 30, 2024 | -5.00 Mn |
| Jun 30, 2024 | -5.00 Mn |
| Mar 31, 2024 | -113.00 Mn |
| Mar 31, 2024 | -113.00 Mn |
| Dec 31, 2023 | 467.00 Mn |
| Dec 31, 2023 | 467.00 Mn |