Willis Towers Watson (WTW) Tax Rate (2009 - 2026)
Willis Towers Watson posted quarterly Tax Rate of 18.62% for Q1 2026, down 284.0% year-on-year from 10.12% in Q1 2025, and up 24.16% on a QoQ basis from 14.99% in Q4 2025.
Willis Towers Watson (WTW) has 18 years of Tax Rate data on file, last reported at 18.62% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 284.0% year-over-year to 18.62%; the trailing twelve-month figure through Mar 2026 stood at 13.23% (down 11499.0% YoY), and the FY2025 full-year result was 13.47%, down 17477.0% from the prior year.
- Tax Rate for Q1 2026 stood at 18.62%, up from 14.99% in the prior quarter.
- Across five years, Tax Rate topped out at 27.39% in Q1 2022 and bottomed at 6.71% in Q2 2025.
- The 5-year median for Tax Rate is 18.62% (2026), against an average of 16.46%.
- Peak annual rise in Tax Rate reached 1993 bps in 2022, while the deepest fall reached 2845 bps in 2022.
- A 5-year view of Tax Rate shows it stood at 25.1% in 2022, then sank by 37 bps to 15.76% in 2023, then soared by 65 bps to 26.02% in 2024, then slumped by 42 bps to 14.99% in 2025, then gained by 24 bps to 18.62% in 2026.
- The last three Tax Rate figures came in at 18.62% (Q1 2026), 14.99% (Q4 2025), and 19.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Aon | 69.60 Bn | 68.21 Bn | - | 20.22 |
| 2 | Arthur J. Gallagher | 52.64 Bn | 51.26 Bn | - | 21.09 |
| 3 | Willis Towers Watson | 24.45 Bn | 22.68 Bn | 1.98 Bn | 18.62 |
| 4 | Brown & Brown | 19.37 Bn | 18.39 Bn | 1.61 Bn | 19.89 |
| 5 | XChange TEC.INC | 6.95 Bn | 6.95 Bn | - | - |
| 6 | Accelerant Holdings | 3.83 Bn | 2.32 Bn | 48.00 Mn | 305.00 |
| 7 | Corvel | 3.22 Bn | 2.87 Bn | 54.92 Mn | 25.00 |
| 8 | Baldwin Insurance | 1.84 Bn | 2.28 Bn | - | 98.71 |
| 9 | Goosehead Insurance | 1.01 Bn | 899.53 Mn | - | 17.36 |
| 10 | Twfg | 279.02 Mn | 351.22 Mn | - | 7.97 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.62 |
| Mar 31, 2026 | 18.62 |
| Dec 31, 2025 | 14.99 |
| Dec 31, 2025 | 14.99 |
| Sep 30, 2025 | 19.74 |
| Sep 30, 2025 | 19.74 |
| Jun 30, 2025 | -6.71 |
| Jun 30, 2025 | -6.71 |
| Mar 31, 2025 | 21.45 |
| Mar 31, 2025 | 21.45 |
| Dec 31, 2024 | 26.02 |
| Dec 31, 2024 | 26.02 |
| Sep 30, 2024 | 16.12 |
| Sep 30, 2024 | 16.12 |
| Jun 30, 2024 | 15.57 |
| Jun 30, 2024 | 15.57 |
| Mar 31, 2024 | 19.83 |
| Mar 31, 2024 | 19.83 |
| Dec 31, 2023 | 15.76 |
| Dec 31, 2023 | 15.76 |
| Sep 30, 2023 | 15.24 |
| Sep 30, 2023 | 15.24 |
| Jun 30, 2023 | 20.00 |
| Jun 30, 2023 | 20.00 |
| Mar 31, 2023 | 19.53 |
| Mar 31, 2023 | 19.53 |
| Dec 31, 2022 | 25.10 |
| Dec 31, 2022 | 25.10 |
| Sep 30, 2022 | 0.54 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 10.61 |
| Jun 30, 2022 | 10.61 |
| Mar 31, 2022 | 27.39 |
| Mar 31, 2022 | 27.39 |
| Dec 31, 2021 | 7.46 |
| Dec 31, 2021 | 7.46 |
| Sep 30, 2021 | 22.51 |
| Sep 30, 2021 | 22.51 |
| Jun 30, 2021 | 39.06 |
| Jun 30, 2021 | 39.06 |
| Mar 31, 2021 | 7.46 |
| Mar 31, 2021 | 7.46 |
| Dec 31, 2020 | 19.53 |
| Dec 31, 2020 | 19.53 |
| Sep 30, 2020 | 26.09 |
| Sep 30, 2020 | 26.09 |
| Jun 30, 2020 | 42.37 |
| Jun 30, 2020 | 42.37 |
| Mar 31, 2020 | 19.95 |
| Mar 31, 2020 | 19.95 |
| Dec 31, 2019 | 38.35 |
| Dec 31, 2019 | 38.35 |
| Sep 30, 2019 | 20.00 |
| Sep 30, 2019 | 20.00 |
| Jun 30, 2019 | 20.32 |
| Jun 30, 2019 | 20.32 |
| Mar 31, 2019 | 18.61 |
| Mar 31, 2019 | 18.61 |
| Dec 31, 2018 | 19.71 |
| Dec 31, 2018 | 19.71 |
| Sep 30, 2018 | -27.78 |
| Sep 30, 2018 | -27.78 |
| Jun 30, 2018 | 12.16 |
| Jun 30, 2018 | 12.16 |
| Mar 31, 2018 | 16.29 |
| Mar 31, 2018 | 16.29 |
| Dec 31, 2017 | 140.00 |
| Dec 31, 2017 | 140.00 |
| Sep 30, 2017 | -54.29 |
| Sep 30, 2017 | -54.29 |
| Jun 30, 2017 | 16.33 |
| Jun 30, 2017 | 16.33 |
| Mar 31, 2017 | 11.56 |
| Mar 31, 2017 | 11.56 |
| Dec 31, 2016 | -239.53 |
| Dec 31, 2016 | -239.53 |
| Sep 30, 2016 | 44.83 |
| Sep 30, 2016 | 44.83 |
| Jun 30, 2016 | 20.00 |
| Jun 30, 2016 | 20.00 |
| Mar 31, 2016 | 6.87 |
| Mar 31, 2016 | 6.87 |
| Dec 31, 2015 | -50.00 |
| Dec 31, 2015 | -50.00 |
| Sep 30, 2015 | -11,200.00 |
| Sep 30, 2015 | -11,200.00 |
| Jun 30, 2015 | 20.43 |
| Jun 30, 2015 | 20.43 |
| Mar 31, 2015 | 22.05 |
| Mar 31, 2015 | 22.05 |
| Dec 31, 2014 | 28.46 |
| Dec 31, 2014 | 28.46 |
| Sep 30, 2014 | -22.22 |
| Sep 30, 2014 | -22.22 |
| Jun 30, 2014 | 53.64 |
| Jun 30, 2014 | 53.64 |
| Mar 31, 2014 | 21.43 |
| Mar 31, 2014 | 21.43 |
| Dec 31, 2013 | 28.57 |
| Dec 31, 2013 | 28.57 |
| Sep 30, 2013 | -73.33 |
| Sep 30, 2013 | -73.33 |
| Jun 30, 2013 | 20.86 |
| Jun 30, 2013 | 20.86 |
| Mar 31, 2013 | 18.75 |
| Mar 31, 2013 | 18.75 |
| Dec 31, 2012 | 1.61 |
| Dec 31, 2012 | 1.61 |
| Sep 30, 2012 | 26.32 |
| Sep 30, 2012 | 26.32 |
| Jun 30, 2012 | 24.66 |
| Jun 30, 2012 | 24.66 |
| Mar 31, 2012 | 23.86 |
| Mar 31, 2012 | 23.86 |
| Dec 31, 2011 | -5.41 |
| Dec 31, 2011 | -5.41 |
| Sep 30, 2011 | 3.85 |
| Sep 30, 2011 | 3.85 |
| Jun 30, 2011 | 25.41 |
| Jun 30, 2011 | 25.41 |
| Mar 31, 2011 | 3.57 |
| Mar 31, 2011 | 3.57 |
| Dec 31, 2010 | 20.74 |
| Dec 31, 2010 | 20.74 |
| Sep 30, 2010 | 15.15 |
| Sep 30, 2010 | 15.15 |
| Jun 30, 2010 | 27.34 |
| Jun 30, 2010 | 27.34 |
| Sep 30, 2009 | -82.86 |
| Sep 30, 2009 | -82.86 |
| Jun 30, 2009 | 25.41 |
| Jun 30, 2009 | 25.41 |