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| Date | Value |
|---|---|
| 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 |