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

Willis Towers Watson (WTW) posted Gross Margin of 83.71% for Q1 2026, down 5.36% on a QoQ basis from 88.45% in Q4 2025, and up 13.0% year-over-year from 74.08% in Q1 2025.

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

Willis Towers Watson's Gross Margin history runs 18 years deep, the most recent figure standing at 83.71% for Q1 2026.

  • Quarterly Gross Margin rose 13.0% year-over-year to 83.71% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 85.63% (up 312.0% YoY) and the FY2025 annual result came in at 85.5%, up 396.0% from the prior year.
  • Gross Margin was 83.71% for Q1 2026 at Willis Towers Watson, down from 88.45% in the prior quarter.
  • Across five years, Gross Margin topped out at 88.45% in Q4 2025 and bottomed at 77.5% in Q1 2022.
  • A 5-year average of 82.09% and a median of 81.36% in 2023 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin tumbled 455 bps — and 2025, when it soared 475 bps.
  • Willis Towers Watson's Gross Margin stood at 84.7% in 2022, then retreated by 5 bps to 80.51% in 2023, then grew by 4 bps to 83.7% in 2024, then advanced by 6 bps to 88.45% in 2025, then fell by 5 bps to 83.71% in 2026.
  • Business Quant data shows WTW's Gross Margin at 83.71% in Q1 2026, 88.45% in Q4 2025, and 84.29% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Marsh & Mclennan Companies 84.27 Bn 72.32 Bn 6.04 Bn 81.58%
2 Aon 75.99 Bn 74.60 Bn - -
3 Arthur J. Gallagher 62.23 Bn 60.85 Bn - -
4 Willis Towers Watson 27.24 Bn 25.46 Bn 1.98 Bn 83.71%
5 Brown & Brown 23.60 Bn 22.62 Bn 1.61 Bn 84.80%
6 Neptune Insurance Holdings 4.12 Bn 4.11 Bn 26.44 Mn 69.96%
7 Accelerant Holdings 3.06 Bn 1.55 Bn 48.00 Mn 36.98%
8 Corvel 3.03 Bn 2.68 Bn 54.92 Mn 23.31%
9 Baldwin Insurance 2.43 Bn 2.87 Bn - -
10 Goosehead Insurance 1.31 Bn 1.20 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 83.71%
Dec 31, 2025 88.45%
Sep 30, 2025 84.29%
Jun 30, 2025 85.14%
Mar 31, 2025 83.58%
Dec 31, 2024 83.70%
Sep 30, 2024 81.70%
Jun 30, 2024 80.62%
Mar 31, 2024 80.48%
Dec 31, 2023 80.51%
Sep 30, 2023 81.36%
Jun 30, 2023 79.56%
Mar 31, 2023 79.81%
Dec 31, 2022 84.70%
Sep 30, 2022 80.34%
Jun 30, 2022 80.09%
Mar 31, 2022 77.50%
Dec 31, 2021 81.37%
Sep 30, 2021 80.49%
Jun 30, 2021 81.64%