Willis Towers Watson (WTW) Net Margin (2009 - 2026)
Willis Towers Watson's (WTW) quarterly Net Margin came in at 9.53% in Q2 2026, down 524.0% on a YoY basis from 2.25% in Q2 2025, and down 24.88% quarter-over-quarter from 12.69% in Q1 2026.
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Willis Towers Watson (WTW) Net Margin (2009 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has reported Net Margin for 18 consecutive years, with 9.53% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 524.0% year-over-year to 9.53%; the trailing twelve-month figure through Jun 2026 stood at 15.88% (up 1550.0% YoY), and the FY2025 full-year result was 16.84%, up 1840.0% from the prior year.
- Net Margin slipped to 9.53% in Q2 2026 per WTW's latest filing, from 12.69% in the prior quarter.
- Across five years, Net Margin topped out at 37.59% in Q4 2024 and bottomed at 73.22% in Q3 2024.
- Historically, Net Margin has averaged 8.57% across 5 years, with a median of 9.68% in 2022.
- The sharpest annual moves came in 2024 and 2025: Net Margin slumped 7968 bps in 2024, then surged 8690 bps in 2025.
- Over 5 years, Net Margin stood at 26.05% in 2022, then slipped by 19 bps to 21.17% in 2023, then jumped by 78 bps to 37.59% in 2024, then plunged by 32 bps to 25.54% in 2025, then slumped by 63 bps to 9.53% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 9.53%, 12.69%, and 25.54% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn | 17.44% |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - | 13.31% |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - | 8.09% |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn | 9.53% |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn | 17.24% |
| 6 | XChange TEC.INC | 16.98 Bn | 16.98 Bn | - | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - | 16.54% |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - | 11.82% |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn | 1.72% |
| 10 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - | 28.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.53% |
| Mar 31, 2026 | 12.69% |
| Dec 31, 2025 | 25.54% |
| Sep 30, 2025 | 13.68% |
| Jun 30, 2025 | 14.77% |
| Mar 31, 2025 | 10.71% |
| Dec 31, 2024 | 37.59% |
| Sep 30, 2024 | -73.22% |
| Jun 30, 2024 | 6.23% |
| Mar 31, 2024 | 8.29% |
| Dec 31, 2023 | 21.17% |
| Sep 30, 2023 | 6.46% |
| Jun 30, 2023 | 4.45% |
| Mar 31, 2023 | 9.18% |
| Dec 31, 2022 | 26.05% |
| Sep 30, 2022 | 9.83% |
| Jun 30, 2022 | 5.61% |
| Mar 31, 2022 | 5.79% |
| Dec 31, 2021 | 87.88% |
| Sep 30, 2021 | 45.97% |