Willis Towers Watson (WTW) Intangibles (2009 - 2026)
Willis Towers Watson's (WTW) quarterly Intangibles came in at $409.0 million in Q2 2026, up 3990.0% on a YoY basis from $10.0 million in Q2 2025, and down 92.16% quarter-over-quarter from $5.2 billion in Q1 2026.
Willis Towers Watson (WTW) Intangibles (2009 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has reported Intangibles for 18 consecutive years, with $409.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Intangibles rose 3990.0% year-over-year to $409.0 million; the trailing twelve-month figure through Jun 2026 stood at $409.0 million (up 3990.0% YoY), and the FY2025 full-year result was $5.1 billion, up 22895.45% from the prior year.
- Intangibles retreated to $409.0 million in Q2 2026 per WTW's latest filing, from $5.2 billion in the prior quarter.
- Across five years, Intangibles topped out at $5.7 billion in Q1 2022 and bottomed at $4.0 million in Q2 2023.
- Historically, Intangibles has averaged $2.4 billion across 5 years, with a median of $237.0 million in 2022.
- The sharpest annual moves came in 2024 and 2025: Intangibles plunged 99.61% in 2024, then jumped 22895.45% in 2025.
- Over 5 years, Intangibles stood at $5.6 billion in 2022, then rose by 0.3% to $5.6 billion in 2023, then slumped by 99.61% to $22.0 million in 2024, then jumped by 22895.45% to $5.1 billion in 2025, then slumped by 91.92% to $409.0 million in 2026.
- According to Business Quant data, Intangibles over the past three periods registered $409.0 million, $5.2 billion, and $5.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 4.51 Bn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | 5.66 Bn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 10.21 Bn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | 409.00 Mn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 4.57 Bn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | 98,000.00 |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | - |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 127.13 Mn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 89.32 Mn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 1.45 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 409.00 Mn |
| Mar 31, 2026 | 5.22 Bn |
| Dec 31, 2025 | 5.06 Bn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 10.00 Mn |
| Mar 31, 2025 | 4.94 Bn |
| Dec 31, 2024 | 22.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | 10.00 Mn |
| Mar 31, 2024 | 5.63 Bn |
| Dec 31, 2023 | 5.64 Bn |
| Sep 30, 2023 | 7.00 Mn |
| Jun 30, 2023 | 4.00 Mn |
| Mar 31, 2023 | 5.65 Bn |
| Dec 31, 2022 | 5.62 Bn |
| Sep 30, 2022 | 65.00 Mn |
| Jun 30, 2022 | 61.00 Mn |
| Mar 31, 2022 | 5.69 Bn |
| Dec 31, 2021 | 5.68 Bn |
| Sep 30, 2021 | 5.72 Bn |
Willis Towers Watson Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=WTW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "WTW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=WTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();