Willis Towers Watson (WTW) Net Margin (2009 - 2026)
Willis Towers Watson posted quarterly Net Margin of 12.95% for Q1 2026, up 224.0% year-on-year from 4.0% in Q1 2025, and down 50.57% on a QoQ basis from 26.2% in Q4 2025.
Willis Towers Watson (WTW) has 17 years of Net Margin data on file, last reported at 12.95% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 224.0% year-over-year to 12.95%; the trailing twelve-month figure through Mar 2026 stood at 17.69% (up 1816.0% YoY), and the FY2025 full-year result was 17.41%, changed N/A from the prior year.
- Net Margin for Q1 2026 stood at 12.95%, down from 26.2% in the prior quarter.
- Across five years, Net Margin topped out at 41.22% in Q4 2024 and bottomed at 73.22% in Q3 2024.
- The 4-year median for Net Margin is 8.45% (2024), against an average of 4.58%.
- The widest annual swing landed in 2022, when Net Margin sank 6822 bps; it then soared 8719 bps in 2025.
- A 4-year view of Net Margin shows it stood at 0.48% in 2022, then surged by 8607 bps to 41.22% in 2024, then sank by 36 bps to 26.2% in 2025, then slumped by 51 bps to 12.95% in 2026.
- The last three Net Margin figures came in at 12.95% (Q1 2026), 26.2% (Q4 2025), and 13.97% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 24.61% |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 17.45% |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 12.95% |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 22.46% |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | -4.01% |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 10.26% |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | -111.39% |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 8.69% |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 17.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.95% |
| Dec 31, 2025 | 26.20% |
| Sep 30, 2025 | 13.97% |
| Jun 30, 2025 | 14.77% |
| Mar 31, 2025 | 10.71% |
| Dec 31, 2024 | 41.22% |
| Sep 30, 2024 | -73.22% |
| Jun 30, 2024 | 6.35% |
| Mar 31, 2024 | 8.45% |
| Dec 31, 2022 | -0.48% |
| Sep 30, 2022 | 0.42% |
| Jun 30, 2022 | -2.33% |
| Mar 31, 2022 | 0.51% |
| Dec 31, 2021 | 67.74% |
| Sep 30, 2021 | -0.61% |
| Jun 30, 2021 | 3.30% |
| Mar 31, 2021 | 8.53% |
| Dec 31, 2020 | 0.19% |
| Sep 30, 2020 | 0.16% |
| Jun 30, 2020 | 3.48% |
| Mar 31, 2020 | 8.62% |
| Dec 31, 2019 | 9.14% |
| Sep 30, 2019 | 4.07% |
| Jun 30, 2019 | 7.34% |
| Mar 31, 2019 | 12.67% |
| Dec 31, 2018 | 16.15% |
| Sep 30, 2018 | 2.47% |
| Jun 30, 2018 | -2.71% |
| Mar 31, 2018 | 3.97% |
| Dec 31, 2017 | -7.46% |
| Sep 30, 2017 | -8.91% |
| Jun 30, 2017 | -4.25% |
| Mar 31, 2017 | 9.75% |
| Dec 31, 2016 | 1.45% |
| Sep 30, 2016 | -9.34% |
| Jun 30, 2016 | -3.18% |
| Mar 31, 2016 | 4.07% |
| Dec 31, 2015 | -14.68% |
| Sep 30, 2015 | 2.36% |
| Jun 30, 2015 | -2.39% |
| Mar 31, 2015 | 16.10% |
| Dec 31, 2014 | 6.89% |
| Sep 30, 2014 | -3.20% |
| Jun 30, 2014 | 3.53% |
| Mar 31, 2014 | 18.32% |
| Dec 31, 2013 | -3.05% |
| Sep 30, 2013 | -2.89% |
| Jun 30, 2013 | -2.58% |
| Mar 31, 2013 | 17.13% |
| Dec 31, 2012 | -3.10% |
| Sep 30, 2012 | -3.18% |
| Jun 30, 2012 | -2.73% |
| Mar 31, 2012 | 18.56% |
| Dec 31, 2011 | 0.98% |
| Sep 30, 2011 | 6.58% |
| Jun 30, 2011 | 10.57% |
| Mar 31, 2011 | -0.10% |
| Dec 31, 2010 | 9.18% |
| Sep 30, 2010 | 3.82% |
| Jun 30, 2010 | 8.14% |
| Sep 30, 2009 | 0.14% |
| Jun 30, 2009 | 11.61% |