Willis Towers Watson (WTW) FCF Margin (2009 - 2026)
Willis Towers Watson (WTW) reported FCF Margin of 2.75% for Q1 2026, up 112.0% on a YoY basis from 1.3% in Q1 2025, and down 111.94% quarter-over-quarter from 23.04% in Q4 2025.
Willis Towers Watson (WTW) FCF Margin (2009 - 2026) Analysis & Trends
Willis Towers Watson has reported FCF Margin for 18 years, with the latest figure 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.
- The five-year high for FCF Margin was 27.72% in Q3 2025, with the low at 3.87% in Q1 2025.
- Historically, FCF Margin has averaged 11.07% across 5 years, with a median of 12.94% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin sank 6748 bps — and 2025, when it jumped 942 bps.
- Willis Towers Watson's FCF Margin stood at 13.38% in 2022, then decreased by 10 bps to 12.1% in 2023, then surged by 48 bps to 17.89% in 2024, then grew by 29 bps to 23.04% in 2025, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 79.42 Bn | 67.92 Bn | 5.88 Bn | -9.87% |
| 2 | Aon | 69.98 Bn | 68.59 Bn | - | 7.21% |
| 3 | Arthur J. Gallagher | 55.55 Bn | 54.17 Bn | - | 19.53% |
| 4 | Willis Towers Watson | 24.71 Bn | 22.93 Bn | 1.98 Bn | -2.75% |
| 5 | Brown & Brown | 19.80 Bn | 18.82 Bn | 1.61 Bn | 12.68% |
| 6 | XChange TEC.INC | 6.75 Bn | 6.75 Bn | - | - |
| 7 | Neptune Insurance Holdings | 4.00 Bn | 3.99 Bn | - | 41.26% |
| 8 | Corvel | 2.98 Bn | 2.64 Bn | 54.92 Mn | 19.58% |
| 9 | Accelerant Holdings | 2.93 Bn | 1.42 Bn | 48.00 Mn | -21.65% |
| 10 | Baldwin Insurance | 1.62 Bn | 2.07 Bn | - | -3.54% |
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% |