Willis Towers Watson (WTW) FCF Margin (2009 - 2026)

Willis Towers Watson (WTW) posted FCF Margin of 2.75% for Q1 2026, down 111.94% on a QoQ basis from 23.04% in Q4 2025, and up 112.0% year-over-year from 1.3% in Q1 2025.

Willis Towers Watson (WTW) FCF Margin (2009 - 2026) Analysis & Trends

Willis Towers Watson's FCF Margin history runs 18 years deep, the most recent figure standing at 2.75% for Q1 2026.

  • Quarterly FCF Margin rose 112.0% year-over-year to 2.75% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.77% (up 354.0% YoY) and the FY2025 annual result came in at 15.93%, up 317.0% from the prior year.
  • FCF Margin was 2.75% for Q1 2026 at Willis Towers Watson, 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.
  • A 5-year average of 10.99% and a median of 12.72% in 2022 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin slumped 6763 bps — and 2025, when it jumped 942 bps.
  • Willis Towers Watson's FCF Margin stood at 12.72% in 2022, then slipped by 1 bps to 12.65% in 2023, then surged by 35 bps to 17.09% in 2024, then jumped by 35 bps to 23.04% in 2025, then plunged by 112 bps to 2.75% in 2026.
  • Business Quant data shows WTW's FCF Margin at 2.75% in Q1 2026, 23.04% in Q4 2025, and 27.72% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 XChange TEC.INC 120,003.58 Bn 120,003.57 Bn - -
2 Marsh & Mclennan Companies 87.96 Bn 75.75 Bn 6.04 Bn 20.14%
3 Aon 78.60 Bn 77.19 Bn - 7.21%
4 Arthur J. Gallagher 65.15 Bn 63.73 Bn - 19.36%
5 Willis Towers Watson 28.74 Bn 26.89 Bn 1.98 Bn -2.75%
6 Brown & Brown 23.32 Bn 22.32 Bn 1.61 Bn 12.68%
7 Neptune Insurance Holdings 4.24 Bn 4.23 Bn 26.44 Mn 41.26%
8 Accelerant Holdings 3.26 Bn 1.72 Bn 48.00 Mn -21.65%
9 Corvel 3.10 Bn 2.76 Bn 54.92 Mn 19.58%
10 Baldwin Insurance 2.55 Bn 2.40 Bn - -555.33%

Historic Data

Download Data
DateValue
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 17.09%
Sep 30, 2024 18.30%
Jun 30, 2024 15.06%
Mar 31, 2024 -1.54%
Dec 31, 2023 12.65%
Sep 30, 2023 17.33%
Jun 30, 2023 12.94%
Mar 31, 2023 5.12%
Dec 31, 2022 12.72%
Sep 30, 2022 8.29%
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%