Willis Towers Watson (WTW) Receivables Refunds (2010 - 2025)

Willis Towers Watson (WTW) has 12 years of Receivables Refunds data on file, last reported at $241.0 million in Q4 2025.

• For the quarter ending Q4 2025, Receivables Refunds rose 127.36% year-over-year to $241.0 million; the trailing twelve-month figure through Dec 2025 stood at $241.0 million (up 127.36% YoY), and the FY2025 full-year result was $241.0 million, up 127.36% from the prior year.
• Receivables Refunds for Q4 2025 stood at $241.0 million, up from $210.0 million in the prior quarter.
• Across five years, Receivables Refunds topped out at $265.0 million in Q3 2024 and bottomed at $77.0 million in Q1 2023.
• The 5-year median for Receivables Refunds is $176.0 million (2022), against an average of $156.3 million.
• The widest annual swing landed in 2023, when Receivables Refunds slumped 33.62%; it then jumped 127.36% in 2025.
• A 5-year view of Receivables Refunds shows it stood at $82.0 million in 2021, then advanced by 8.54% to $89.0 million in 2022, then slipped by 2.25% to $87.0 million in 2023, then grew by 21.84% to $106.0 million in 2024, then surged by 127.36% to $241.0 million in 2025.
• The last three Receivables Refunds figures came in at $241.0 million (Q4 2025), $210.0 million (Q3 2025), and $220.0 million (Q2 2025), per Business Quant data.

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