Willis Towers Watson (WTW) Operating Leases (2019 - 2026)
Willis Towers Watson's (WTW) quarterly Operating Leases came in at $454.0 million in Q2 2026, down 9.2% on a YoY basis from $500.0 million in Q2 2025, and down 6.39% quarter-over-quarter from $485.0 million in Q1 2026.
Analysis
Willis Towers Watson (WTW) Operating Leases (2019 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has reported Operating Leases for 8 consecutive years, with $454.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases fell 9.2% year-over-year to $454.0 million; the trailing twelve-month figure through Jun 2026 stood at $454.0 million (down 9.2% YoY), and the FY2025 full-year result was $472.0 million, down 6.35% from the prior year.
- Operating Leases slipped to $454.0 million in Q2 2026 per WTW's latest filing, from $485.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $715.0 million in Q1 2022 and bottomed at $454.0 million in Q2 2026.
- Historically, Operating Leases has averaged $558.8 million across 5 years, with a median of $566.5 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Operating Leases decreased 24.0% in 2022, then slipped 2.28% in 2024.
- Over 5 years, Operating Leases stood at $632.0 million in 2022, then decreased by 5.22% to $599.0 million in 2023, then retreated by 15.86% to $504.0 million in 2024, then dropped by 6.35% to $472.0 million in 2025, then fell by 3.81% to $454.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $454.0 million, $485.0 million, and $472.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 88.77 Bn | 76.82 Bn | 6.04 Bn |
| 2 | Aon | 68.55 Bn | 67.31 Bn | - |
| 3 | Arthur J. Gallagher | 67.32 Bn | 65.96 Bn | - |
| 4 | Willis Towers Watson | 31.09 Bn | 29.51 Bn | 2.09 Bn |
| 5 | Brown & Brown | 23.57 Bn | 22.68 Bn | 1.41 Bn |
| 6 | XChange TEC.INC | 16.98 Bn | 16.98 Bn | - |
| 7 | Erie Indemnity | 11.68 Bn | 11.33 Bn | - |
| 8 | Ryan Specialty Holdings | 10.71 Bn | 11.08 Bn | - |
| 9 | Hagerty | 4.65 Bn | 4.78 Bn | 244.11 Mn |
| 10 | Neptune Insurance Holdings | 4.58 Bn | 4.56 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 454.00 Mn |
| 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 | 504.00 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 | 749.00 Mn |
| Sep 30, 2021 | 800.00 Mn |