Willis Towers Watson (WTW) Tax Rate (2009 - 2026)
Willis Towers Watson's (WTW) quarterly Tax Rate came in at 19.52% in Q2 2026, up 2623.0% on a YoY basis from 0.72% in Q2 2025, and up 4.85% quarter-over-quarter from 18.62% in Q1 2026.
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Willis Towers Watson (WTW) Tax Rate (2009 - 2026) Analysis & Trends
Willis Towers Watson (WTW) has reported Tax Rate for 18 consecutive years, with 19.52% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 2623.0% year-over-year to 19.52%; the trailing twelve-month figure through Jun 2026 stood at 20.0% (down 10136.0% YoY), and the FY2025 full-year result was 16.28%, down 38078.0% from the prior year.
- Tax Rate improved to 19.52% in Q2 2026 per WTW's latest filing, from 18.62% in the prior quarter.
- Across five years, Tax Rate topped out at 38.62% in Q4 2024 and bottomed at 6.71% in Q2 2025.
- Historically, Tax Rate has averaged 18.6% across 5 years, with a median of 19.64% in 2023.
- The sharpest annual moves came in 2022 and 2026: Tax Rate slumped 2845 bps in 2022, then soared 2623 bps in 2026.
- Over 5 years, Tax Rate stood at 27.27% in 2022, then gained by 12 bps to 30.57% in 2023, then gained by 26 bps to 38.62% in 2024, then plunged by 46 bps to 20.8% in 2025, then dropped by 6 bps to 19.52% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 19.52%, 18.62%, and 20.8% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.01 Bn | 72.80 Bn | 6.04 Bn | 24.15% |
| 2 | Aon | 65.00 Bn | 63.73 Bn | - | 21.96% |
| 3 | Arthur J. Gallagher | 62.74 Bn | 61.35 Bn | - | 21.74% |
| 4 | Willis Towers Watson | 29.53 Bn | 27.87 Bn | 2.09 Bn | 19.52% |
| 5 | Brown & Brown | 22.19 Bn | 21.27 Bn | 1.41 Bn | 24.54% |
| 6 | XChange TEC.INC | 17.23 Bn | 17.23 Bn | - | - |
| 7 | Erie Indemnity | 11.26 Bn | 10.91 Bn | - | 20.95% |
| 8 | Ryan Specialty Holdings | 4.93 Bn | 4.79 Bn | - | 17.10% |
| 9 | Neptune Insurance Holdings | 4.36 Bn | 4.34 Bn | - | 31.88% |
| 10 | Baldwin Insurance | 2.60 Bn | 2.42 Bn | - | -0.15% |
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% |
| Jun 30, 2025 | -6.71% |
| Mar 31, 2025 | 21.45% |
| Dec 31, 2024 | 38.62% |
| Sep 30, 2024 | 16.12% |
| Jun 30, 2024 | 15.57% |
| Mar 31, 2024 | 19.83% |
| Dec 31, 2023 | 30.57% |
| Sep 30, 2023 | 15.24% |
| Jun 30, 2023 | 20.00% |
| Mar 31, 2023 | 19.53% |
| Dec 31, 2022 | 27.27% |
| Sep 30, 2022 | 0.54% |
| Jun 30, 2022 | 10.61% |
| Mar 31, 2022 | 27.39% |
| Dec 31, 2021 | 24.72% |
| Sep 30, 2021 | 22.51% |