Willis Towers Watson (WTW) Debt to Equity (2009 - 2026)
Willis Towers Watson posted quarterly Debt to Equity of $0.78 for Q1 2026, up 34.9% year-on-year from $0.58 in Q1 2025, and up 9.41% on a QoQ basis from $0.71 in Q4 2025.
Willis Towers Watson (WTW) has 18 years of Debt to Equity data on file, last reported at $0.78 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 34.9% year-over-year to $0.78; the trailing twelve-month figure through Mar 2026 stood at $0.78 (up 34.9% YoY), and the FY2025 full-year result was $0.71, up 7.97% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.78, up from $0.71 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.78 in Q1 2026 and bottomed at $0.41 in Q1 2022.
- The 5-year median for Debt to Equity is $0.56 (2024), against an average of $0.57.
- The widest annual swing landed in 2022, when Debt to Equity soared 56.64%; it then dropped 6.86% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.47 in 2022, then increased by 16.27% to $0.54 in 2023, then climbed by 21.77% to $0.66 in 2024, then grew by 7.97% to $0.71 in 2025, then grew by 9.41% to $0.78 in 2026.
- The last three Debt to Equity figures came in at $0.78 (Q1 2026), $0.71 (Q4 2025), and $0.69 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 1.47 |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 0.53 |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 0.78 |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 0.63 |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | -0.04 |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | - |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | - |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 2.35 |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | -2.62 |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 0.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.78 |
| Dec 31, 2025 | 0.71 |
| Sep 30, 2025 | 0.69 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.58 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 0.62 |
| Dec 31, 2023 | 0.54 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.55 |
| Mar 31, 2023 | 0.44 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.30 |
| Sep 30, 2021 | 0.41 |
| Jun 30, 2021 | 0.34 |
| Mar 31, 2021 | 0.44 |
| Dec 31, 2020 | 0.52 |
| Sep 30, 2020 | 0.53 |
| Jun 30, 2020 | 0.53 |
| Mar 31, 2020 | 0.57 |
| Dec 31, 2019 | 0.51 |
| Sep 30, 2019 | 0.54 |
| Jun 30, 2019 | 0.44 |
| Mar 31, 2019 | 0.46 |
| Dec 31, 2018 | 0.46 |
| Sep 30, 2018 | 0.46 |
| Jun 30, 2018 | 0.45 |
| Mar 31, 2018 | 0.43 |
| Dec 31, 2017 | 0.44 |
| Sep 30, 2017 | 0.46 |
| Jun 30, 2017 | 0.05 |
| Mar 31, 2017 | 0.05 |
| Dec 31, 2016 | 0.38 |
| Sep 30, 2016 | 0.35 |
| Jun 30, 2016 | -3.23 |
| Mar 31, 2016 | -3.71 |
| Dec 31, 2015 | 1.38 |
| Sep 30, 2015 | 1.03 |
| Jun 30, 2015 | 1.01 |
| Mar 31, 2015 | 0.99 |
| Dec 31, 2014 | 1.14 |
| Sep 30, 2014 | 1.02 |
| Jun 30, 2014 | 0.95 |
| Mar 31, 2014 | 0.95 |
| Dec 31, 2013 | 1.04 |
| Sep 30, 2013 | 1.14 |
| Jun 30, 2013 | 1.19 |
| Mar 31, 2013 | 1.27 |
| Dec 31, 2012 | 1.36 |
| Sep 30, 2012 | 0.88 |
| Dec 31, 2011 | 0.94 |
| Sep 30, 2011 | 0.88 |
| Jun 30, 2011 | 0.84 |
| Mar 31, 2011 | 0.98 |
| Dec 31, 2010 | 0.83 |
| Sep 30, 2010 | 0.04 |
| Jun 30, 2010 | 0.08 |
| Dec 31, 2009 | 1.07 |