Willis Towers Watson (WTW) Shares Outstanding (2009 - 2026)
Willis Towers Watson's Shares Outstanding was 94 million in Q2 2026, down 5.1% from 99 million a year earlier and down 1.1% from the prior quarter.
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Analysis
Willis Towers Watson (WTW) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Shares Outstanding at Willis Towers Watson came in at 98 million, down 3.9% from FY2024.
- Shares Outstanding has now declined for five consecutive years, with a five-year compound annual growth rate of -5.5% (FY2020 to FY2025).
- In earlier years, Shares Outstanding was 102 million in FY2024 (-2.9%), 105 million in FY2023 (-6.3%), 112 million in FY2022 (-12.5%) and 128 million in FY2021 (-1.5%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding since Q4 2015.
- Compared with a year earlier, Shares Outstanding has declined for 20 straight quarters, with an average decline of 3.8% over the last eight quarters.
- The year-over-year decline in Shares Outstanding has ranged between 0.8% (Q3 2021) and 14.7% (Q3 2022) over the last five years.
- Per Business Quant data, WTW's Shares Outstanding in the three quarters before Q2 2026 was 95 million (Q1 2026), 98 million (Q4 2025) and 98 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,073.91 Bn | -343.57 Bn | 55.86 Bn | 1.44 Mn |
| 2 | Chubb | 125.44 Bn | 77.50 Bn | 9.13 Bn | 387.41 Mn |
| 3 | Progressive | 120.54 Bn | 96.37 Bn | 9.04 Bn | 583.00 Mn |
| 4 | Marsh & Mclennan Companies | 81.59 Bn | 73.34 Bn | - | 480.00 Mn |
| 5 | Travelers Companies | 74.40 Bn | 50.64 Bn | 6.23 Bn | 210.50 Mn |
| 6 | Manulife Financial | 72.53 Bn | 73.74 Bn | - | 1.70 Bn |
| 7 | Metlife | 60.06 Bn | -46.42 Bn | 7.82 Bn | 642.60 Mn |
| 8 | Aon | 58.71 Bn | 51.95 Bn | - | 213.20 Mn |
| 9 | Arthur J. Gallagher | 58.49 Bn | 52.93 Bn | - | 256.70 Mn |
| 10 | Willis Towers Watson | 26.77 Bn | 18.26 Bn | - | 94.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.00 Mn |
| Mar 31, 2026 | 95.00 Mn |
| Dec 31, 2025 | 98.00 Mn |
| Sep 30, 2025 | 98.00 Mn |
| Jun 30, 2025 | 99.00 Mn |
| Mar 31, 2025 | 100.00 Mn |
| Dec 31, 2024 | 102.00 Mn |
| Sep 30, 2024 | 102.00 Mn |
| Jun 30, 2024 | 103.00 Mn |
| Mar 31, 2024 | 103.00 Mn |
| Dec 31, 2023 | 105.00 Mn |
| Sep 30, 2023 | 105.00 Mn |
| Jun 30, 2023 | 107.00 Mn |
| Mar 31, 2023 | 107.00 Mn |
| Dec 31, 2022 | 112.00 Mn |
| Sep 30, 2022 | 110.00 Mn |
| Jun 30, 2022 | 112.00 Mn |
| Mar 31, 2022 | 118.00 Mn |
| Dec 31, 2021 | 128.00 Mn |
| Sep 30, 2021 | 129.00 Mn |
API Access
Willis Towers Watson Shares Outstanding 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=shares-outstanding&ticker=WTW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=WTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();