Willis Towers Watson (WTW) Tax Rate (2009 - 2026)
Willis Towers Watson's Tax Rate came in at 19.52% for Q2 2026, up 26.23 percentage points from -6.71% a year earlier and up 0.90 percentage points from the prior quarter.
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Analysis
Willis Towers Watson (WTW) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Willis Towers Watson reported Tax Rate of 20.00%, down 32.43 percentage points year-over-year; for FY2025, it came in at 16.28%, down 171.95 percentage points from FY2024.
- Tax Rate carries a five-year change of -8.35 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was 188.24% in FY2024 (+171.39 pp), 16.85% in FY2023 (+1.43 pp), 15.42% in FY2022 (-4.49 pp) and 19.91% in FY2021 (-4.72 pp).
- The five-year range for quarterly Tax Rate is -6.71% (Q2 2025) to 27.39% (Q1 2022).
- Year-over-year, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +1.53 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2026 (a gain of 26.23 percentage points), and the weakest in Q2 2022 (a drop of 28.45 percentage points).
- Business Quant data shows WTW's Tax Rate at 18.62% (Q1 2026), 20.80% (Q4 2025) and 19.74% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,082.55 Bn | -334.93 Bn | 55.86 Bn | 19.62% |
| 2 | Chubb | 128.03 Bn | 80.09 Bn | 9.13 Bn | 20.47% |
| 3 | Progressive | 122.38 Bn | 98.22 Bn | 9.04 Bn | 21.34% |
| 4 | Marsh & Mclennan Companies | 81.46 Bn | 73.20 Bn | - | 24.15% |
| 5 | Travelers Companies | 75.77 Bn | 52.02 Bn | 6.23 Bn | 20.20% |
| 6 | Manulife Financial | 73.91 Bn | 75.11 Bn | - | - |
| 7 | Metlife | 60.71 Bn | -45.77 Bn | 7.82 Bn | 24.73% |
| 8 | Aon | 58.53 Bn | 51.77 Bn | - | 21.96% |
| 9 | Arthur J. Gallagher | 58.38 Bn | 52.82 Bn | - | 21.74% |
| 10 | Willis Towers Watson | 26.80 Bn | 18.29 Bn | - | 19.52% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.52% |
| Mar 31, 2026 | 18.62% |
| Dec 31, 2025 | 20.80% |
| Sep 30, 2025 | 19.74% |
| Mar 31, 2025 | 21.45% |
| Dec 31, 2024 | 26.02% |
| Jun 30, 2024 | 15.57% |
| Mar 31, 2024 | 19.83% |
| Dec 31, 2023 | 15.76% |
| Sep 30, 2023 | 15.24% |
| Jun 30, 2023 | 20.00% |
| Mar 31, 2023 | 19.53% |
| Dec 31, 2022 | 17.77% |
| Sep 30, 2022 | 0.54% |
| Jun 30, 2022 | 10.61% |
| Mar 31, 2022 | 27.39% |
| Dec 31, 2021 | 20.72% |
| Sep 30, 2021 | 22.51% |
| Jun 30, 2021 | 39.06% |
| Mar 31, 2021 | 7.46% |
API Access
Willis Towers Watson Tax Rate 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=tax-rate&ticker=WTW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WTW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();