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| 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 |