Cash Flow Statement
Growth Metrics

Willis Towers Watson (WTW) Goodwill (2009 - 2026)

Willis Towers Watson posted quarterly Goodwill of $10.9 billion for Q1 2026, up 23.69% year-on-year from $8.8 billion in Q1 2025, and up 22.34% on a QoQ basis from $8.9 billion in Q4 2025.

Willis Towers Watson (WTW) has 18 years of Goodwill data on file, last reported at $10.9 billion in Q1 2026.

  • For the quarter ending Q1 2026, Goodwill rose 23.69% year-over-year to $10.9 billion; the trailing twelve-month figure through Mar 2026 stood at $10.9 billion (up 23.69% YoY), and the FY2025 full-year result was $8.9 billion, down 11.26% from the prior year.
  • Goodwill for Q1 2026 stood at $10.9 billion, up from $8.9 billion in the prior quarter.
  • Across five years, Goodwill topped out at $10.9 billion in Q1 2026 and bottomed at $8.8 billion in Q1 2025.
  • The 5-year median for Goodwill is $10.2 billion (2024), against an average of $10.0 billion.
  • The widest annual swing landed in 2025, when Goodwill decreased 17.2%; it then rose 23.69% in 2026.
  • A 5-year view of Goodwill shows it stood at $10.7 billion in 2022, then dropped by 4.41% to $10.2 billion in 2023, then retreated by 1.21% to $10.1 billion in 2024, then fell by 11.26% to $8.9 billion in 2025, then advanced by 22.34% to $10.9 billion in 2026.
  • The last three Goodwill figures came in at $10.9 billion (Q1 2026), $8.9 billion (Q4 2025), and $8.9 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Aon 69.60 Bn 68.21 Bn -
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn -
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn
5 XChange TEC.INC 6.95 Bn 6.95 Bn -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn -
9 Goosehead Insurance 1.01 Bn 899.53 Mn -
10 Twfg 279.02 Mn 351.22 Mn -

Historic Data

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DateValue
Mar 31, 2026 10.94 Bn
Dec 31, 2025 8.94 Bn
Sep 30, 2025 8.94 Bn
Jun 30, 2025 8.94 Bn
Mar 31, 2025 8.84 Bn
Dec 31, 2024 10.07 Bn
Sep 30, 2024 8.88 Bn
Jun 30, 2024 10.18 Bn
Mar 31, 2024 10.68 Bn
Dec 31, 2023 10.20 Bn
Sep 30, 2023 10.14 Bn
Jun 30, 2023 10.20 Bn
Mar 31, 2023 10.69 Bn
Dec 31, 2022 10.67 Bn
Sep 30, 2022 10.09 Bn
Jun 30, 2022 10.65 Bn
Mar 31, 2022 10.69 Bn
Dec 31, 2021 10.18 Bn
Sep 30, 2021 10.15 Bn
Jun 30, 2021 11.49 Bn
Mar 31, 2021 11.48 Bn
Dec 31, 2020 10.88 Bn
Sep 30, 2020 11.62 Bn
Jun 30, 2020 11.20 Bn
Mar 31, 2020 11.16 Bn
Dec 31, 2019 10.39 Bn
Sep 30, 2019 11.19 Bn
Jun 30, 2019 10.95 Bn
Mar 31, 2019 10.46 Bn
Dec 31, 2018 10.47 Bn
Sep 30, 2018 10.95 Bn
Jun 30, 2018 10.47 Bn
Mar 31, 2018 10.56 Bn
Dec 31, 2017 11.01 Bn
Sep 30, 2017 10.53 Bn
Jun 30, 2017 10.51 Bn
Mar 31, 2017 10.44 Bn
Dec 31, 2016 10.91 Bn
Sep 30, 2016 10.48 Bn
Jun 30, 2016 10.53 Bn
Mar 31, 2016 10.48 Bn
Dec 31, 2015 3.74 Bn
Sep 30, 2015 3.15 Bn
Jun 30, 2015 3.10 Bn
Mar 31, 2015 2.89 Bn
Dec 31, 2014 2.94 Bn
Sep 30, 2014 2.80 Bn
Jun 30, 2014 2.87 Bn
Mar 31, 2014 2.84 Bn
Dec 31, 2013 2.84 Bn
Sep 30, 2013 2.85 Bn
Jun 30, 2013 2.83 Bn
Mar 31, 2013 2.81 Bn
Dec 31, 2012 2.83 Bn
Sep 30, 2012 1.29 Bn
Dec 31, 2011 3.30 Bn
Sep 30, 2011 3.30 Bn
Jun 30, 2011 3.32 Bn
Mar 31, 2011 3.31 Bn
Dec 31, 2010 3.29 Bn
Sep 30, 2010 3.28 Bn
Jun 30, 2010 3.27 Bn
Dec 31, 2009 3.28 Bn