Cash Flow Statement
Growth Metrics

Willis Towers Watson (WTW) Deferred Taxes (2009 - 2026)

Willis Towers Watson posted quarterly Deferred Taxes of -$30.0 million for Q1 2026, down 30.43% year-on-year from -$43.1 million in Q1 2025, and down 125.64% on a QoQ basis from $117.0 million in Q4 2025.

Willis Towers Watson (WTW) has 18 years of Deferred Taxes data on file, last reported at -$30.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Deferred Taxes fell 30.43% year-over-year to -$30.0 million; the trailing twelve-month figure through Mar 2026 stood at $48.0 million (down 32.39% YoY), and the FY2025 full-year result was $55.0 million, up 125.82% from the prior year.
  • Deferred Taxes for Q1 2026 stood at -$30.0 million, down from $117.0 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $166.0 million in Q4 2024 and bottomed at -$56.0 million in Q3 2024.
  • The 5-year median for Deferred Taxes is -$21.0 million (2023), against an average of -$2.9 million.
  • The widest annual swing landed in 2022, when Deferred Taxes slumped 270.0%; it then jumped 425.49% in 2024.
  • A 5-year view of Deferred Taxes shows it stood at $42.0 million in 2022, then slumped by 221.43% to -$51.0 million in 2023, then surged by 425.49% to $166.0 million in 2024, then decreased by 29.52% to $117.0 million in 2025, then tumbled by 125.64% to -$30.0 million in 2026.
  • The last three Deferred Taxes figures came in at -$30.0 million (Q1 2026), $117.0 million (Q4 2025), and $8.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Aon 69.60 Bn 68.21 Bn - -49.00 Mn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 97.00 Mn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn -30.00 Mn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 80.00 Mn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn -400,000.00
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn -341,000.00
8 Baldwin Insurance 1.84 Bn 2.28 Bn - -
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 1.67 Mn
10 Twfg 279.02 Mn 351.22 Mn - -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -30.00 Mn
Dec 31, 2025 117.00 Mn
Sep 30, 2025 8.00 Mn
Jun 30, 2025 -47.00 Mn
Mar 31, 2025 -23.00 Mn
Dec 31, 2024 166.00 Mn
Sep 30, 2024 -56.00 Mn
Jun 30, 2024 -16.00 Mn
Mar 31, 2024 -9.00 Mn
Dec 31, 2023 -51.00 Mn
Sep 30, 2023 -21.00 Mn
Jun 30, 2023 -22.00 Mn
Mar 31, 2023 -15.00 Mn
Dec 31, 2022 42.00 Mn
Sep 30, 2022 -47.00 Mn
Jun 30, 2022 -28.00 Mn
Mar 31, 2022 -17.00 Mn
Dec 31, 2021 185.00 Mn
Sep 30, 2021 -15.00 Mn
Jun 30, 2021 46.00 Mn
Mar 31, 2021 10.00 Mn
Dec 31, 2020 44.00 Mn
Sep 30, 2020 15.00 Mn
Jun 30, 2020 63.00 Mn
Mar 31, 2020 -23.00 Mn
Dec 31, 2019 -28.00 Mn
Sep 30, 2019 -3.00 Mn
Jun 30, 2019 -13.00 Mn
Mar 31, 2019 -28.00 Mn
Dec 31, 2018 -45.00 Mn
Sep 30, 2018 -22.00 Mn
Jun 30, 2018 -22.00 Mn
Mar 31, 2018 -26.00 Mn
Dec 31, 2017 -212.00 Mn
Sep 30, 2017 18.00 Mn
Mar 31, 2017 -74.00 Mn
Dec 31, 2016 -94.00 Mn
Sep 30, 2016 -64.00 Mn
Jun 30, 2016 14.00 Mn
Mar 31, 2016 -70.00 Mn
Dec 31, 2015 -28.00 Mn
Sep 30, 2015 -104.00 Mn
Jun 30, 2015 21.00 Mn
Mar 31, 2015 12.00 Mn
Dec 31, 2014 116.00 Mn
Sep 30, 2014 -5.00 Mn
Jun 30, 2014 -32.00 Mn
Mar 31, 2014 -13.00 Mn
Dec 31, 2013 -21.00 Mn
Sep 30, 2013 -7.00 Mn
Jun 30, 2013 -9.00 Mn
Mar 31, 2013 -2.00 Mn
Dec 31, 2012 -7.00 Mn
Sep 30, 2012 -31.00 Mn
Jun 30, 2012 -18.00 Mn
Mar 31, 2012 2.00 Mn
Dec 31, 2011 28.00 Mn
Dec 31, 2010 -64.00 Mn
Sep 30, 2010 -30.00 Mn
Dec 31, 2009 20.00 Mn
Sep 30, 2009 -16.00 Mn