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

Willis Towers Watson (WTW) posted Net Margin of 12.95% for Q1 2026, down 46.94% on a QoQ basis from 24.41% in Q4 2025, and up 224.0% year-over-year from 4.0% in Q1 2025.

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

Willis Towers Watson's Net Margin history runs 18 years deep, the most recent figure standing at 12.95% for Q1 2026.

  • Quarterly Net Margin rose 224.0% year-over-year to 12.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 17.14% (up 1230.0% YoY) and the FY2025 annual result came in at 16.84%, up 1535.0% from the prior year.
  • Net Margin was 12.95% for Q1 2026 at Willis Towers Watson, down from 24.41% in the prior quarter.
  • Across five years, Net Margin topped out at 24.41% in Q4 2025 and bottomed at 2.33% in Q2 2022.
  • A 5-year average of 6.9% and a median of 5.05% in 2023 frame the typical range for Net Margin.
  • Annual changes were most pronounced in 2022 — Net Margin tumbled 6820 bps — and 2025, when it soared 2117 bps.
  • Willis Towers Watson's Net Margin stood at 0.46% in 2022, then surged by 942 bps to 3.88% in 2023, then retreated by 16 bps to 3.24% in 2024, then jumped by 653 bps to 24.41% in 2025, then tumbled by 47 bps to 12.95% in 2026.
  • Business Quant data shows WTW's Net Margin at 12.95% in Q1 2026, 24.41% in Q4 2025, and 13.97% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 XChange TEC.INC 120,003.58 Bn 120,003.57 Bn - -
2 Marsh & Mclennan Companies 87.96 Bn 75.75 Bn 6.04 Bn 17.44%
3 Aon 78.60 Bn 77.19 Bn - 24.61%
4 Arthur J. Gallagher 65.15 Bn 63.73 Bn - 17.30%
5 Willis Towers Watson 28.74 Bn 26.89 Bn 1.98 Bn 12.95%
6 Brown & Brown 23.32 Bn 22.32 Bn 1.61 Bn 22.46%
7 Neptune Insurance Holdings 4.24 Bn 4.23 Bn 26.44 Mn 19.44%
8 Accelerant Holdings 3.26 Bn 1.72 Bn 48.00 Mn -4.01%
9 Corvel 3.10 Bn 2.76 Bn 54.92 Mn 10.26%
10 Baldwin Insurance 2.55 Bn 2.40 Bn - -56.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.95%
Dec 31, 2025 24.41%
Sep 30, 2025 13.97%
Jun 30, 2025 14.77%
Mar 31, 2025 10.71%
Dec 31, 2024 3.24%
Jun 30, 2024 6.23%
Mar 31, 2024 8.29%
Dec 31, 2023 3.88%
Sep 30, 2023 0.05%
Dec 31, 2022 -0.46%
Sep 30, 2022 0.41%
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%