Willis Towers Watson (WTW) FCF Margin (2009 - 2026)
Willis Towers Watson posted quarterly FCF Margin of 2.75% for Q1 2026, up 112.0% year-on-year from 1.3% in Q1 2025, and down 111.94% on a QoQ basis from 23.04% in Q4 2025.
Willis Towers Watson (WTW) has 18 years of FCF Margin data on file, last reported at 2.75% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 112.0% year-over-year to 2.75%; the trailing twelve-month figure through Mar 2026 stood at 15.77% (up 331.0% YoY), and the FY2025 full-year result was 15.93%, up 317.0% from the prior year.
- FCF Margin for Q1 2026 stood at 2.75%, down from 23.04% in the prior quarter.
- Across five years, FCF Margin topped out at 27.72% in Q3 2025 and bottomed at 3.87% in Q1 2025.
- The 5-year median for FCF Margin is 12.94% (2023), against an average of 11.07%.
- The widest annual swing landed in 2022, when FCF Margin tumbled 6748 bps; it then jumped 942 bps in 2025.
- A 5-year view of FCF Margin shows it stood at 13.38% in 2022, then slipped by 10 bps to 12.1% in 2023, then soared by 48 bps to 17.89% in 2024, then increased by 29 bps to 23.04% in 2025, then sank by 112 bps to 2.75% in 2026.
- The last three FCF Margin figures came in at 2.75% (Q1 2026), 23.04% (Q4 2025), and 27.72% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 7.21% |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 19.53% |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | -2.75% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 12.68% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | -21.65% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 19.58% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -3.54% |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 18.45% |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 30.79% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.75% |
| Dec 31, 2025 | 23.04% |
| Sep 30, 2025 | 27.72% |
| Jun 30, 2025 | 13.40% |
| Mar 31, 2025 | -3.87% |
| Dec 31, 2024 | 17.89% |
| Sep 30, 2024 | 18.30% |
| Jun 30, 2024 | 15.37% |
| Mar 31, 2024 | -1.57% |
| Dec 31, 2023 | 12.10% |
| Sep 30, 2023 | 17.33% |
| Jun 30, 2023 | 12.94% |
| Mar 31, 2023 | 5.12% |
| Dec 31, 2022 | 13.38% |
| Sep 30, 2022 | 8.44% |
| Jun 30, 2022 | 11.09% |
| Mar 31, 2022 | 0.28% |
| Dec 31, 2021 | 6.32% |
| Sep 30, 2021 | 75.92% |
| Jun 30, 2021 | 23.00% |
| Mar 31, 2021 | -6.37% |
| Dec 31, 2020 | 20.76% |
| Sep 30, 2020 | 26.62% |
| Jun 30, 2020 | 33.42% |
| Mar 31, 2020 | 0.38% |
| Dec 31, 2019 | 16.54% |
| Sep 30, 2019 | 15.67% |
| Jun 30, 2019 | 16.40% |
| Mar 31, 2019 | -2.77% |
| Dec 31, 2018 | 23.57% |
| Sep 30, 2018 | 22.65% |
| Jun 30, 2018 | 15.13% |
| Mar 31, 2018 | -2.05% |
| Dec 31, 2017 | 22.62% |
| Sep 30, 2017 | 6.32% |
| Jun 30, 2017 | 5.38% |
| Mar 31, 2017 | 3.45% |
| Dec 31, 2016 | 12.71% |
| Sep 30, 2016 | 7.09% |
| Jun 30, 2016 | 12.47% |
| Mar 31, 2016 | 4.52% |
| Dec 31, 2015 | 8.73% |
| Sep 30, 2015 | 6.26% |
| Jun 30, 2015 | 4.45% |
| Mar 31, 2015 | -7.45% |
| Dec 31, 2014 | 17.12% |
| Sep 30, 2014 | 12.56% |
| Jun 30, 2014 | 12.30% |
| Mar 31, 2014 | -1.55% |
| Dec 31, 2013 | 17.52% |
| Sep 30, 2013 | 25.41% |
| Jun 30, 2013 | 7.87% |
| Mar 31, 2013 | 1.52% |
| Dec 31, 2012 | 20.32% |
| Sep 30, 2012 | 15.65% |
| Jun 30, 2012 | 8.19% |
| Mar 31, 2012 | 2.57% |
| Dec 31, 2011 | 15.51% |
| Dec 31, 2010 | 25.00% |
| Sep 30, 2010 | 12.28% |
| Sep 30, 2009 | 5.24% |