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
DateValue
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%