Cash Flow Statement
Growth Metrics

Willis Towers Watson (WTW) Other Working Capital Changes (2009 - 2026)

Willis Towers Watson posted quarterly Other Working Capital Changes of $51.0 million for Q1 2026, up 5200.0% year-on-year from $962264.2 in Q1 2025, and up 296.15% on a QoQ basis from -$26.0 million in Q4 2025.

Willis Towers Watson (WTW) has 18 years of Other Working Capital Changes data on file, last reported at $51.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Working Capital Changes rose 5200.0% year-over-year to $51.0 million; the trailing twelve-month figure through Mar 2026 stood at $168.0 million (down 47.34% YoY), and the FY2025 full-year result was $116.0 million, down 68.9% from the prior year.
  • Other Working Capital Changes for Q1 2026 stood at $51.0 million, up from -$26.0 million in the prior quarter.
  • Across five years, Other Working Capital Changes topped out at $138.0 million in Q3 2024 and bottomed at -$26.0 million in Q4 2025.
  • The 5-year median for Other Working Capital Changes is $53.0 million (2024), against an average of $54.2 million.
  • The widest annual swing landed in 2023, when Other Working Capital Changes tumbled 150.0%; it then surged 5200.0% in 2026.
  • A 5-year view of Other Working Capital Changes shows it stood at -$1.0 million in 2022, then jumped by 1100.0% to $10.0 million in 2023, then jumped by 640.0% to $74.0 million in 2024, then slumped by 135.14% to -$26.0 million in 2025, then soared by 296.15% to $51.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at $51.0 million (Q1 2026), -$26.0 million (Q4 2025), and $43.0 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 51.00 Mn
Mar 31, 2026 51.00 Mn
Dec 31, 2025 -26.00 Mn
Dec 31, 2025 -26.00 Mn
Sep 30, 2025 43.00 Mn
Sep 30, 2025 43.00 Mn
Jun 30, 2025 100.00 Mn
Jun 30, 2025 100.00 Mn
Mar 31, 2025 -1.00 Mn
Mar 31, 2025 -1.00 Mn
Dec 31, 2024 74.00 Mn
Dec 31, 2024 74.00 Mn
Sep 30, 2024 138.00 Mn
Sep 30, 2024 138.00 Mn
Jun 30, 2024 108.00 Mn
Jun 30, 2024 108.00 Mn
Mar 31, 2024 53.00 Mn
Mar 31, 2024 53.00 Mn
Dec 31, 2023 10.00 Mn
Dec 31, 2023 10.00 Mn
Sep 30, 2023 94.00 Mn
Sep 30, 2023 94.00 Mn
Jun 30, 2023 92.00 Mn
Jun 30, 2023 92.00 Mn
Mar 31, 2023 -11.00 Mn
Mar 31, 2023 -11.00 Mn
Dec 31, 2022 -1.00 Mn
Dec 31, 2022 -1.00 Mn
Sep 30, 2022 87.00 Mn
Sep 30, 2022 87.00 Mn
Jun 30, 2022 89.00 Mn
Jun 30, 2022 89.00 Mn
Mar 31, 2022 22.00 Mn
Mar 31, 2022 22.00 Mn
Dec 31, 2021 -13.00 Mn
Dec 31, 2021 -13.00 Mn
Sep 30, 2021 44.00 Mn
Sep 30, 2021 44.00 Mn
Jun 30, 2021 76.00 Mn
Jun 30, 2021 76.00 Mn
Mar 31, 2021 15.00 Mn
Mar 31, 2021 15.00 Mn
Dec 31, 2020 127.00 Mn
Dec 31, 2020 127.00 Mn
Sep 30, 2020 160.00 Mn
Sep 30, 2020 160.00 Mn
Jun 30, 2020 -75.00 Mn
Jun 30, 2020 -75.00 Mn
Mar 31, 2020 -7.00 Mn
Mar 31, 2020 -7.00 Mn
Dec 31, 2019 -133.00 Mn
Dec 31, 2019 -133.00 Mn
Sep 30, 2019 238.00 Mn
Sep 30, 2019 238.00 Mn
Jun 30, 2019 127.00 Mn
Jun 30, 2019 127.00 Mn
Mar 31, 2019 37.00 Mn
Mar 31, 2019 37.00 Mn
Dec 31, 2018 -30.00 Mn
Dec 31, 2018 -30.00 Mn
Sep 30, 2018 122.00 Mn
Sep 30, 2018 122.00 Mn
Jun 30, 2018 -24.00 Mn
Jun 30, 2018 -24.00 Mn
Mar 31, 2018 -46.00 Mn
Mar 31, 2018 -46.00 Mn
Dec 31, 2017 33.00 Mn
Dec 31, 2017 33.00 Mn
Sep 30, 2017 -121.00 Mn
Sep 30, 2017 -121.00 Mn
Jun 30, 2017 154.00 Mn
Jun 30, 2017 154.00 Mn
Mar 31, 2017 62.00 Mn
Mar 31, 2017 62.00 Mn
Dec 31, 2016 22.00 Mn
Dec 31, 2016 22.00 Mn
Sep 30, 2016 69.00 Mn
Sep 30, 2016 69.00 Mn
Jun 30, 2016 24.00 Mn
Jun 30, 2016 24.00 Mn
Mar 31, 2016 118.00 Mn
Mar 31, 2016 118.00 Mn
Dec 31, 2015 -102.00 Mn
Dec 31, 2015 -102.00 Mn
Sep 30, 2015 48.00 Mn
Sep 30, 2015 48.00 Mn
Jun 30, 2015 11.00 Mn
Jun 30, 2015 11.00 Mn
Mar 31, 2015 48.00 Mn
Mar 31, 2015 48.00 Mn
Dec 31, 2014 -4.00 Mn
Dec 31, 2014 -4.00 Mn
Sep 30, 2014 25.00 Mn
Sep 30, 2014 25.00 Mn
Sep 30, 2013 -35.00 Mn
Sep 30, 2013 -35.00 Mn
Jun 30, 2013 17.00 Mn
Jun 30, 2013 17.00 Mn
Mar 31, 2013 4.00 Mn
Mar 31, 2013 4.00 Mn
Dec 31, 2012 -36.00 Mn
Dec 31, 2012 -36.00 Mn
Sep 30, 2012 27.00 Mn
Sep 30, 2012 27.00 Mn
Jun 30, 2012 3.00 Mn
Jun 30, 2012 3.00 Mn
Mar 31, 2012 7.00 Mn
Mar 31, 2012 7.00 Mn
Dec 31, 2011 -96.00 Mn
Dec 31, 2011 -96.00 Mn
Dec 31, 2010 9.00 Mn
Dec 31, 2010 9.00 Mn
Sep 30, 2010 -27.00 Mn
Sep 30, 2010 -27.00 Mn
Dec 31, 2009 20.00 Mn
Dec 31, 2009 20.00 Mn
Sep 30, 2009 -58.00 Mn
Sep 30, 2009 -58.00 Mn