Willis Towers Watson (WTW) Retained Earnings (2009 - 2026)
Willis Towers Watson's (WTW) quarterly Retained Earnings came in at -$2.8 billion in Q2 2026, down 5.28% on a YoY basis from -$3.0 billion in Q2 2025, and up 0.73% quarter-over-quarter from -$2.9 billion in Q1 2026.
Willis Towers Watson (WTW) Retained Earnings (2009 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has reported Retained Earnings for 18 consecutive years, with -$2.8 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Retained Earnings fell 5.28% year-over-year to -$2.8 billion; the trailing twelve-month figure through Jun 2026 stood at -$2.8 billion (down 5.28% YoY), and the FY2025 full-year result was -$2.8 billion, up 10.26% from the prior year.
- Retained Earnings grew to -$2.8 billion in Q2 2026 per WTW's latest filing, from -$2.9 billion in the prior quarter.
- Across five years, Retained Earnings topped out at $2.4 billion in Q1 2022 and bottomed at -$3.2 billion in Q4 2024.
- Historically, Retained Earnings has averaged -$2.5 billion across 5 years, with a median of -$2.8 billion in 2022.
- The sharpest annual moves came in 2023 and 2025: Retained Earnings tumbled 205.98% in 2023, then grew 10.26% in 2025.
- Over 5 years, Retained Earnings stood at -$2.6 billion in 2022, then slipped by 8.97% to -$2.9 billion in 2023, then dropped by 10.57% to -$3.2 billion in 2024, then advanced by 10.26% to -$2.8 billion in 2025, then slipped by 0.53% to -$2.8 billion in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered -$2.8 billion, -$2.9 billion, and -$2.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 81.24 Bn | 69.29 Bn | 6.04 Bn | 29.30 Bn |
| 2 | Aon | 60.67 Bn | 59.43 Bn | - | -3.99 Bn |
| 3 | Arthur J. Gallagher | 59.09 Bn | 57.73 Bn | - | 6.59 Bn |
| 4 | Willis Towers Watson | 28.02 Bn | 26.44 Bn | 2.09 Bn | -2.85 Bn |
| 5 | Brown & Brown | 20.61 Bn | 19.72 Bn | 1.41 Bn | 7.59 Bn |
| 6 | XChange TEC.INC | 11.95 Bn | 11.95 Bn | - | -670.21 Mn |
| 7 | Erie Indemnity | 10.83 Bn | 10.48 Bn | - | 3.66 Bn |
| 8 | Ryan Specialty Holdings | 9.82 Bn | 10.19 Bn | - | 355.76 Mn |
| 9 | Hagerty | 4.67 Bn | 4.81 Bn | 244.11 Mn | 623.66 Mn |
| 10 | Baldwin Insurance | 4.45 Bn | 4.81 Bn | - | 1.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.85 Bn |
| Mar 31, 2026 | -2.87 Bn |
| Dec 31, 2025 | -2.83 Bn |
| Sep 30, 2025 | -2.71 Bn |
| Jun 30, 2025 | -2.71 Bn |
| Mar 31, 2025 | -2.94 Bn |
| Dec 31, 2024 | -3.16 Bn |
| Sep 30, 2024 | -2.81 Bn |
| Jun 30, 2024 | -2.92 Bn |
| Mar 31, 2024 | -2.91 Bn |
| Dec 31, 2023 | -2.86 Bn |
| Sep 30, 2023 | -2.62 Bn |
| Jun 30, 2023 | -2.54 Bn |
| Mar 31, 2023 | -2.57 Bn |
| Dec 31, 2022 | -2.62 Bn |
| Sep 30, 2022 | -2.72 Bn |
| Jun 30, 2022 | -2.49 Bn |
| Mar 31, 2022 | 2.42 Bn |
| Dec 31, 2021 | 4.65 Bn |
| Sep 30, 2021 | 2.97 Bn |
Willis Towers Watson Retained Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=retained-earnings&ticker=WTW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "ticker": "WTW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=retained-earnings&ticker=WTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();