Willis Towers Watson (WTW) Debt to Equity (2009 - 2026)

Willis Towers Watson (WTW) reported Debt to Equity of $0.78 for Q1 2026, up 34.9% on a YoY basis from $0.58 in Q1 2025, and up 9.41% quarter-over-quarter from $0.71 in Q4 2025.

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

Willis Towers Watson has reported Debt to Equity for 18 years, with the latest figure 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.
  • The five-year high for Debt to Equity was $0.78 in Q1 2026, with the low at $0.41 in Q1 2022.
  • Historically, Debt to Equity has averaged $0.57 across 5 years, with a median of $0.56 in 2024.
  • Annual changes were most pronounced in 2022 — Debt to Equity soared 56.64% — and 2025, when it dropped 6.86%.
  • Willis Towers Watson's Debt to Equity stood at $0.47 in 2022, then grew by 16.27% to $0.54 in 2023, then advanced by 21.77% to $0.66 in 2024, then climbed by 7.97% to $0.71 in 2025, then climbed 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 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 1.39
2 Aon 69.98 Bn 68.59 Bn - 1.47
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 0.53
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 0.78
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 0.63
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -0.04
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -1.06
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 - 2.35

Historic Data

Download Data
DateValue
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