Cash Flow Statement
Growth Metrics

Willis Towers Watson (WTW) EBITDA (2009 - 2026)

Willis Towers Watson posted quarterly EBITDA of $261.0 million for Q1 2026, down 43.51% year-on-year from $462.0 million in Q1 2025, and down 74.31% on a QoQ basis from $1.0 billion in Q4 2025.

Willis Towers Watson (WTW) has 18 years of EBITDA data on file, last reported at $261.0 million in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA fell 43.51% year-over-year to $261.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (up 2808.86% YoY), and the FY2025 full-year result was $2.2 billion, up 658.5% from the prior year.
  • EBITDA for Q1 2026 stood at $261.0 million, down from $1.0 billion in the prior quarter.
  • Across five years, EBITDA topped out at $1.0 billion in Q4 2025 and bottomed at -$1.6 billion in Q3 2024.
  • The 5-year median for EBITDA is $256.0 million (2023), against an average of $211.6 million.
  • The widest annual swing landed in 2024, when EBITDA tumbled 2663.93%; it then soared 348.0% in 2025.
  • A 5-year view of EBITDA shows it stood at $677.0 million in 2022, then slumped by 42.98% to $386.0 million in 2023, then soared by 132.64% to $898.0 million in 2024, then rose by 13.14% to $1.0 billion in 2025, then plunged by 74.31% to $261.0 million in 2026.
  • The last three EBITDA figures came in at $261.0 million (Q1 2026), $1.0 billion (Q4 2025), and $303.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Aon 69.60 Bn 68.21 Bn - 1.76 Bn
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn - 1.26 Bn
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn 261.00 Mn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn 1.61 Bn
5 XChange TEC.INC 6.95 Bn 6.95 Bn - -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn 12.10 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn 32.23 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn - 4.59 Mn
9 Goosehead Insurance 1.01 Bn 899.53 Mn - 16.70 Mn
10 Twfg 279.02 Mn 351.22 Mn - 12.35 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 261.00 Mn
Dec 31, 2025 1.02 Bn
Sep 30, 2025 303.00 Mn
Jun 30, 2025 560.00 Mn
Mar 31, 2025 462.00 Mn
Dec 31, 2024 898.00 Mn
Sep 30, 2024 -1.56 Bn
Jun 30, 2024 125.00 Mn
Mar 31, 2024 145.00 Mn
Dec 31, 2023 386.00 Mn
Sep 30, 2023 61.00 Mn
Jun 30, 2023 124.00 Mn
Mar 31, 2023 256.00 Mn
Dec 31, 2022 677.00 Mn
Sep 30, 2022 -44.00 Mn
Jun 30, 2022 -135.00 Mn
Mar 31, 2022 66.00 Mn
Dec 31, 2021 2.58 Bn
Sep 30, 2021 822.00 Mn
Jun 30, 2021 217.00 Mn
Mar 31, 2021 781.00 Mn
Dec 31, 2020 370.00 Mn
Sep 30, 2020 258.00 Mn
Jun 30, 2020 150.00 Mn
Mar 31, 2020 93.00 Mn
Dec 31, 2019 438.00 Mn
Sep 30, 2019 -42.00 Mn
Jun 30, 2019 119.00 Mn
Mar 31, 2019 315.00 Mn
Dec 31, 2018 29.00 Mn
Sep 30, 2018 22.00 Mn
Jun 30, 2018 -111.00 Mn
Mar 31, 2018 298.00 Mn
Dec 31, 2017 393.00 Mn
Sep 30, 2017 34.00 Mn
Jun 30, 2017 165.00 Mn
Mar 31, 2017 331.00 Mn
Dec 31, 2016 -521.00 Mn
Sep 30, 2016 -72.00 Mn
Jun 30, 2016 -56.00 Mn
Mar 31, 2016 231.00 Mn
Dec 31, 2015 27.00 Mn
Sep 30, 2015 52.00 Mn
Jun 30, 2015 128.00 Mn
Mar 31, 2015 315.00 Mn
Dec 31, 2014 161.00 Mn
Sep 30, 2014 57.00 Mn
Jun 30, 2014 172.00 Mn
Mar 31, 2014 349.00 Mn
Dec 31, 2013 171.00 Mn
Sep 30, 2013 91.00 Mn
Jun 30, 2013 188.00 Mn
Mar 31, 2013 307.00 Mn
Dec 31, 2012 -771.00 Mn
Sep 30, 2012 53.00 Mn
Jun 30, 2012 77.00 Mn
Mar 31, 2012 900.00 Mn
Dec 31, 2011 -191.00 Mn
Sep 30, 2011 9.00 Mn
Jun 30, 2011 106.00 Mn
Mar 31, 2011 66.00 Mn
Dec 31, 2010 195.00 Mn
Sep 30, 2010 120.00 Mn
Jun 30, 2010 185.00 Mn
Sep 30, 2009 97.00 Mn
Jun 30, 2009 179.00 Mn