Willis Towers Watson (WTW) Operating Income (2009 - 2026)

Willis Towers Watson (WTW) reported Operating Income of $448.0 million for Q1 2026, up 3.7% on a YoY basis from $432.0 million in Q1 2025, and down 55.91% quarter-over-quarter from $1.0 billion in Q4 2025.

Willis Towers Watson (WTW) Operating Income (2009 - 2026) Analysis & Trends

Willis Towers Watson has reported Operating Income for 18 years, with the latest figure at $448.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Income rose 3.7% year-over-year to $448.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.2 billion (up 188.83% YoY), and the FY2025 full-year result was $2.2 billion, up 256.3% from the prior year.
  • Operating Income for Q1 2026 stood at $448.0 million, down from $1.0 billion in the prior quarter.
  • The five-year high for Operating Income was $1.0 billion in Q4 2025, with the low at -$766.0 million in Q3 2024.
  • Historically, Operating Income has averaged $344.2 million across 5 years, with a median of $285.0 million in 2023.
  • Annual changes were most pronounced in 2024 — Operating Income plunged 581.76% — and 2025, when it soared 154.57%.
  • Willis Towers Watson's Operating Income stood at $708.0 million in 2022, then grew by 10.03% to $779.0 million in 2023, then gained by 15.66% to $901.0 million in 2024, then climbed by 12.76% to $1.0 billion in 2025, then plunged by 55.91% to $448.0 million in 2026.
  • The last three Operating Income figures came in at $448.0 million (Q1 2026), $1.0 billion (Q4 2025), and $418.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn 1.75 Bn
2 Aon 69.98 Bn 68.59 Bn - 1.72 Bn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - -
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn 448.00 Mn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 1.60 Bn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 13.44 Mn
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn 32.23 Mn
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn 12.10 Mn
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -101.27 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 448.00 Mn
Dec 31, 2025 1.02 Bn
Sep 30, 2025 418.00 Mn
Jun 30, 2025 368.00 Mn
Mar 31, 2025 432.00 Mn
Dec 31, 2024 901.00 Mn
Sep 30, 2024 -766.00 Mn
Jun 30, 2024 212.00 Mn
Mar 31, 2024 280.00 Mn
Dec 31, 2023 779.00 Mn
Sep 30, 2023 159.00 Mn
Jun 30, 2023 142.00 Mn
Mar 31, 2023 285.00 Mn
Dec 31, 2022 708.00 Mn
Sep 30, 2022 154.00 Mn
Jun 30, 2022 137.00 Mn
Mar 31, 2022 179.00 Mn
Dec 31, 2021 690.00 Mn
Sep 30, 2021 1.13 Bn
Jun 30, 2021 170.00 Mn