Willis Towers Watson (WTW) Tax Rate (2009 - 2026)
Willis Towers Watson (WTW) posted Tax Rate of 18.62% for Q1 2026, down 10.51% on a QoQ basis from 20.8% in Q4 2025, and down 284.0% year-over-year from 10.12% in Q1 2025.
Willis Towers Watson (WTW) Tax Rate (2009 - 2026) Analysis & Trends
Willis Towers Watson's Tax Rate history runs 18 years deep, the most recent figure standing at 18.62% for Q1 2026.
- Quarterly Tax Rate fell 284.0% year-over-year to 18.62% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 15.94% (up 551.0% YoY) and the FY2025 annual result came in at 16.28%, changed N/A from the prior year.
- Tax Rate was 18.62% for Q1 2026 at Willis Towers Watson, down from 20.8% in the prior quarter.
- Across five years, Tax Rate topped out at 27.39% in Q1 2022 and bottomed at 12.64% in Q4 2023.
- A 5-year average of 14.03% and a median of 17.77% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 3041 bps — and 2024, when it jumped 2730 bps.
- Willis Towers Watson's Tax Rate stood at 17.77% in 2022, then tumbled by 171 bps to 12.64% in 2023, then soared by 216 bps to 14.67% in 2024, then jumped by 42 bps to 20.8% in 2025, then retreated by 11 bps to 18.62% in 2026.
- Business Quant data shows WTW's Tax Rate at 18.62% in Q1 2026, 20.8% in Q4 2025, and 19.74% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 84.27 Bn | 72.32 Bn | 6.04 Bn | 24.15% |
| 2 | Aon | 75.99 Bn | 74.60 Bn | - | 20.22% |
| 3 | Arthur J. Gallagher | 62.23 Bn | 60.85 Bn | - | 21.09% |
| 4 | Willis Towers Watson | 27.24 Bn | 25.46 Bn | 1.98 Bn | 18.62% |
| 5 | Brown & Brown | 23.60 Bn | 22.62 Bn | 1.61 Bn | 19.89% |
| 6 | Neptune Insurance Holdings | 4.12 Bn | 4.11 Bn | 26.44 Mn | 27.06% |
| 7 | Accelerant Holdings | 3.06 Bn | 1.55 Bn | 48.00 Mn | 305.00% |
| 8 | Corvel | 3.03 Bn | 2.68 Bn | 54.92 Mn | 25.00% |
| 9 | Baldwin Insurance | 2.43 Bn | 2.87 Bn | - | 98.69% |
| 10 | Goosehead Insurance | 1.31 Bn | 1.20 Bn | - | 19.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.62% |
| Mar 31, 2026 | 18.62% |
| Mar 31, 2026 | 18.62% |
| Dec 31, 2025 | 20.80% |
| Dec 31, 2025 | 20.80% |
| Dec 31, 2025 | 20.80% |
| Sep 30, 2025 | 19.74% |
| Sep 30, 2025 | 19.74% |
| Sep 30, 2025 | 19.74% |
| Jun 30, 2025 | -6.71% |
| Jun 30, 2025 | -6.71% |
| Jun 30, 2025 | -6.71% |
| Mar 31, 2025 | 21.45% |
| Mar 31, 2025 | 21.45% |
| Mar 31, 2025 | 21.45% |
| Dec 31, 2024 | 14.67% |
| Dec 31, 2024 | 14.67% |
| Dec 31, 2024 | 14.67% |
| Sep 30, 2024 | 16.12% |
| Sep 30, 2024 | 16.12% |