Cash Flow Statement
Growth Metrics

Willis Towers Watson (WTW) Operating Leases (2019 - 2026)

Willis Towers Watson posted quarterly Operating Leases of $485.0 million for Q1 2026, down 2.61% year-on-year from $498.0 million in Q1 2025, and up 2.75% on a QoQ basis from $472.0 million in Q4 2025.

Willis Towers Watson (WTW) has 8 years of Operating Leases data on file, last reported at $485.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 2.61% year-over-year to $485.0 million; the trailing twelve-month figure through Mar 2026 stood at $485.0 million (down 2.61% YoY), and the FY2025 full-year result was $472.0 million, down 5.98% from the prior year.
  • Operating Leases for Q1 2026 stood at $485.0 million, up from $472.0 million in the prior quarter.
  • Across five years, Operating Leases topped out at $715.0 million in Q1 2022 and bottomed at $472.0 million in Q4 2025.
  • The 5-year median for Operating Leases is $569.0 million (2023), against an average of $564.8 million.
  • The widest annual swing landed in 2022, when Operating Leases retreated 24.0%; it then decreased 2.28% in 2024.
  • A 5-year view of Operating Leases shows it stood at $632.0 million in 2022, then retreated by 5.22% to $599.0 million in 2023, then fell by 16.19% to $502.0 million in 2024, then declined by 5.98% to $472.0 million in 2025, then climbed by 2.75% to $485.0 million in 2026.
  • The last three Operating Leases figures came in at $485.0 million (Q1 2026), $472.0 million (Q4 2025), and $475.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Aon 69.60 Bn 68.21 Bn -
2 Arthur J. Gallagher 52.64 Bn 51.26 Bn -
3 Willis Towers Watson 24.45 Bn 22.68 Bn 1.98 Bn
4 Brown & Brown 19.37 Bn 18.39 Bn 1.61 Bn
5 XChange TEC.INC 6.95 Bn 6.95 Bn -
6 Accelerant Holdings 3.83 Bn 2.32 Bn 48.00 Mn
7 Corvel 3.22 Bn 2.87 Bn 54.92 Mn
8 Baldwin Insurance 1.84 Bn 2.28 Bn -
9 Goosehead Insurance 1.01 Bn 899.53 Mn -
10 Twfg 279.02 Mn 351.22 Mn -

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 485.00 Mn
Dec 31, 2025 472.00 Mn
Sep 30, 2025 475.00 Mn
Jun 30, 2025 500.00 Mn
Mar 31, 2025 498.00 Mn
Dec 31, 2024 502.00 Mn
Sep 30, 2024 556.00 Mn
Jun 30, 2024 564.00 Mn
Mar 31, 2024 570.00 Mn
Dec 31, 2023 599.00 Mn
Sep 30, 2023 569.00 Mn
Jun 30, 2023 602.00 Mn
Mar 31, 2023 610.00 Mn
Dec 31, 2022 632.00 Mn
Sep 30, 2022 608.00 Mn
Jun 30, 2022 645.00 Mn
Mar 31, 2022 715.00 Mn
Dec 31, 2021 734.00 Mn
Sep 30, 2021 800.00 Mn
Jun 30, 2021 838.00 Mn
Mar 31, 2021 857.00 Mn
Dec 31, 2020 917.00 Mn
Sep 30, 2020 915.00 Mn
Jun 30, 2020 906.00 Mn
Mar 31, 2020 914.00 Mn
Dec 31, 2019 986.00 Mn
Sep 30, 2019 980.00 Mn
Jun 30, 2019 965.00 Mn
Mar 31, 2019 961.00 Mn