Willis Towers Watson (WTW) FCF Margin (2009 - 2026)
Willis Towers Watson's (WTW) quarterly FCF Margin came in at 17.23% in Q2 2026, up 383.0% on a YoY basis from 3.57% in Q2 2025, and up 739.53% quarter-over-quarter from 2.69% in Q1 2026.
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Willis Towers Watson (WTW) FCF Margin (2009 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has reported FCF Margin for 18 consecutive years, with 17.23% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 383.0% year-over-year to 17.23%; the trailing twelve-month figure through Jun 2026 stood at 16.72% (up 470.0% YoY), and the FY2025 full-year result was 15.93%, up 317.0% from the prior year.
- FCF Margin advanced to 17.23% in Q2 2026 per WTW's latest filing, from 2.69% in the prior quarter.
- Across five years, FCF Margin topped out at 27.14% in Q3 2025 and bottomed at 3.87% in Q1 2025.
- Historically, FCF Margin has averaged 11.35% across 5 years, with a median of 12.94% in 2023.
- The sharpest annual moves came in 2022 and 2025: FCF Margin plunged 6763 bps in 2022, then surged 884 bps in 2025.
- Over 5 years, FCF Margin stood at 13.19% in 2022, then declined by 10 bps to 11.87% in 2023, then surged by 51 bps to 17.89% in 2024, then jumped by 35 bps to 24.11% in 2025, then fell by 29 bps to 17.23% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 17.23%, 2.69%, and 24.11% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 20.14% |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 11.38% |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | -1.02% |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 17.23% |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 19.63% |
| 6 | XChange TEC.INC | 16.98 Bn | 16.98 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 15.91% |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 30.09% |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 45.56% |
| 10 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - | 45.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.23% |
| Mar 31, 2026 | -2.69% |
| Dec 31, 2025 | 24.11% |
| Sep 30, 2025 | 27.14% |
| Jun 30, 2025 | 13.40% |
| Mar 31, 2025 | -3.87% |
| Dec 31, 2024 | 17.89% |
| Sep 30, 2024 | 18.30% |
| Jun 30, 2024 | 15.06% |
| Mar 31, 2024 | -1.54% |
| Dec 31, 2023 | 11.87% |
| Sep 30, 2023 | 16.99% |
| Jun 30, 2023 | 12.69% |
| Mar 31, 2023 | 5.12% |
| Dec 31, 2022 | 13.19% |
| Sep 30, 2022 | 8.29% |
| Jun 30, 2022 | 10.78% |
| Mar 31, 2022 | 0.28% |
| Dec 31, 2021 | 6.32% |
| Sep 30, 2021 | 75.92% |