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% YoY from 3.57% in Q2 2025, and up 739.53% on a QoQ basis from 2.69% in Q1 2026.
Willis Towers Watson (WTW) FCF Margin (2009 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has 18 years of FCF Margin data on file, last reported at 17.23% in Q2 2026.
- Quarterly FCF Margin rose 383.0% year-over-year to 17.23% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 16.72% (up 470.0% YoY) and the FY2025 annual result came in at 15.93%, up 317.0% from the prior year.
- FCF Margin improved to 17.23% in Q2 2026, from 2.69% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 27.14% in Q3 2025 to a low of 3.87% in Q1 2025.
- A 5-year average of 11.35% and a median of 12.94% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin tumbled 6763 bps — and 2025, when it jumped 884 bps.
- Tracing WTW's FCF Margin over 5 years: stood at 13.19% in 2022, then slipped by 10 bps to 11.87% in 2023, then soared by 51 bps to 17.89% in 2024, then surged by 35 bps to 24.11% in 2025, then dropped by 29 bps to 17.23% in 2026.
- The last three FCF Margin figures came in at 17.23% (Q2 2026), 2.69% (Q1 2026), and 24.11% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | XChange TEC.INC | 279.91 Bn | 279.90 Bn | - | - |
| 2 | Marsh & Mclennan Companies | 91.40 Bn | 79.19 Bn | 6.04 Bn | 20.14% |
| 3 | Aon | 75.07 Bn | 73.80 Bn | - | 11.38% |
| 4 | Arthur J. Gallagher | 66.45 Bn | 65.07 Bn | - | -1.02% |
| 5 | Willis Towers Watson | 32.02 Bn | 30.36 Bn | 2.09 Bn | 17.23% |
| 6 | Brown & Brown | 23.72 Bn | 22.80 Bn | 1.41 Bn | 19.63% |
| 7 | Erie Indemnity | 12.11 Bn | 11.77 Bn | - | 15.91% |
| 8 | Neptune Insurance Holdings | 4.50 Bn | 4.48 Bn | - | 45.89% |
| 9 | Accelerant Holdings | 4.28 Bn | 2.62 Bn | 285.20 Mn | -22.92% |
| 10 | Corvel | 3.60 Bn | 3.25 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.23% |
| 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% |