Willis Towers Watson WTW
NASDAQ WTW
$315.96 +2.24 (+0.71%)
As of: Sep 10, 2026 · 1:21 PM EDT

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

Willis Towers Watson's (WTW) quarterly Gross Margin came in at 84.59% in Q2 2026, down 55.0% on a YoY basis from 187.98% in Q2 2025, and up 0.66% quarter-over-quarter from 84.04% in Q1 2026.

Analysis

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

Willis Towers Watson (WTW) has reported Gross Margin for 18 consecutive years, with 84.59% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin fell 55.0% year-over-year to 84.59%; the trailing twelve-month figure through Jun 2026 stood at 85.43% (up 213.0% YoY), and the FY2025 full-year result was 85.5%, up 396.0% from the prior year.
  • Gross Margin rose to 84.59% in Q2 2026 per WTW's latest filing, from 84.04% in the prior quarter.
  • Across five years, Gross Margin topped out at 87.91% in Q4 2025 and bottomed at 77.5% in Q1 2022.
  • Historically, Gross Margin has averaged 82.3% across 5 years, with a median of 81.71% in 2023.
  • The sharpest annual moves came in 2022 and 2025: Gross Margin sank 455 bps in 2022, then surged 498 bps in 2025.
  • Over 5 years, Gross Margin stood at 84.13% in 2022, then decreased by 3 bps to 81.71% in 2023, then advanced by 1 bps to 82.93% in 2024, then advanced by 6 bps to 87.91% in 2025, then fell by 4 bps to 84.59% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 84.59%, 84.04%, and 87.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Marsh & Mclennan Companies 85.17 Bn 72.97 Bn 6.04 Bn 81.58%
2 Aon 65.69 Bn 64.43 Bn - -
3 Arthur J. Gallagher 62.71 Bn 61.33 Bn - -
4 Willis Towers Watson 29.72 Bn 28.05 Bn 2.09 Bn 84.59%
5 Brown & Brown 22.12 Bn 21.21 Bn 1.41 Bn 83.83%
6 XChange TEC.INC 16.54 Bn 16.54 Bn - -
7 Erie Indemnity 11.15 Bn 10.80 Bn - -
8 Ryan Specialty Holdings 4.91 Bn 4.77 Bn - -
9 Neptune Insurance Holdings 4.30 Bn 4.28 Bn - -
10 Baldwin Insurance 2.74 Bn 2.55 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 84.59%
Mar 31, 2026 84.04%
Dec 31, 2025 87.91%
Sep 30, 2025 84.62%
Jun 30, 2025 85.14%
Mar 31, 2025 83.58%
Dec 31, 2024 82.93%
Sep 30, 2024 81.70%
Jun 30, 2024 80.62%
Mar 31, 2024 80.48%
Dec 31, 2023 81.71%
Sep 30, 2023 81.72%
Jun 30, 2023 79.94%
Mar 31, 2023 79.81%
Dec 31, 2022 84.13%
Sep 30, 2022 80.34%
Jun 30, 2022 80.65%
Mar 31, 2022 77.50%
Dec 31, 2021 81.37%
Sep 30, 2021 80.49%