Willis Towers Watson (WTW) Debt Ratio (2009 - 2026)

Willis Towers Watson (WTW) reported Debt Ratio of 0.21 for Q1 2026, up 25.33% on a YoY basis from 0.17 in Q1 2025, and up 9.11% quarter-over-quarter from 0.19 in Q4 2025.

Willis Towers Watson (WTW) Debt Ratio (2009 - 2026) Analysis & Trends

Willis Towers Watson has reported Debt Ratio for 18 years, with the latest figure at 0.21 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 25.33% year-over-year to 0.21; the trailing twelve-month figure through Mar 2026 stood at 0.21 (up 25.33% YoY), and the FY2025 full-year result was 0.19, up 1.65% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.21, up from 0.19 in the prior quarter.
  • The five-year high for Debt Ratio was 0.21 in Q1 2026, with the low at 0.14 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.17 across 5 years, with a median of 0.18 in 2023.
  • Annual changes were most pronounced in 2024 — Debt Ratio surged 40.5% — and 2025, when it declined 13.85%.
  • Willis Towers Watson's Debt Ratio stood at 0.15 in 2022, then gained by 20.68% to 0.18 in 2023, then advanced by 6.94% to 0.19 in 2024, then increased by 1.65% to 0.19 in 2025, then gained by 9.11% to 0.21 in 2026.
  • The last three Debt Ratio figures came in at 0.21 (Q1 2026), 0.19 (Q4 2025), and 0.19 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 0.35
2 Aon 69.98 Bn 68.59 Bn - 0.29
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 0.16
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 0.21
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 0.27
6 XChange TEC.INC 6.75 Bn 6.75 Bn - 0.47
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 2.66
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -
10 Baldwin Insurance 1.62 Bn 2.07 Bn - 0.38

Historic Data

Download Data
DateValue
Mar 31, 2026 0.21
Dec 31, 2025 0.19
Sep 30, 2025 0.19
Jun 30, 2025 0.19
Mar 31, 2025 0.17
Dec 31, 2024 0.19
Sep 30, 2024 0.20
Jun 30, 2024 0.18
Mar 31, 2024 0.20
Dec 31, 2023 0.18
Sep 30, 2023 0.17
Jun 30, 2023 0.19
Mar 31, 2023 0.14
Dec 31, 2022 0.15
Sep 30, 2022 0.15
Jun 30, 2022 0.15
Mar 31, 2022 0.14
Dec 31, 2021 0.11
Sep 30, 2021 0.12
Jun 30, 2021 0.10