Willis Towers Watson Public revenue and financials
$291.98Change from previous close: +1.34%Absolute change: +$3.87
In the fiscal year ended December 2025, Willis Towers Watson Public reported revenue of $9.71B (−2.24% year over year). Net income was $1.61B, a net margin of 16.5%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −2.24%
- 2025 vs 2024
- Net margin
- 16.5%
- 2024: -1.0%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 30,559 | 29,637 | 29,530 | 27,439 | 28,478 | 28,064 | 27,681 | 27,168 | 29,622 | 30,237 | 29,090 | 27,623 |
| Current assets | 16,745 | 16,085 | 16,874 | 14,621 | 15,605 | 15,461 | 15,105 | 14,313 | 14,029 | 14,642 | 13,433 | 11,834 |
| Cash and equivalents | 1,627 | 1,855 | 3,132 | 1,895 | 1,963 | 1,507 | 1,890 | 1,372 | 1,247 | 1,893 | 1,424 | 1,247 |
| Short-term investments | 34.0 | — | 33.0 | 30.0 | 28.0 | 30.0 | — | — | — | — | — | — |
| Receivables | 2,932 | 2,648 | 2,943 | 2,399 | 2,603 | 2,366 | 3,424 | 2,383 | 2,606 | 2,430 | 2,664 | 2,289 |
| Net property, plant and equipment | 1,149 | 1,170 | 1,182 | 1,166 | 1,191 | 1,154 | 1,146 | 1,249 | 1,245 | 1,245 | 1,285 | 1,243 |
| Goodwill | 9,735 | 9,662 | 8,938 | 8,936 | 8,938 | 8,841 | 8,799 | 8,882 | 10,184 | 10,186 | 10,195 | 10,143 |
| Other intangible assets | 1,444 | 1,275 | 1,141 | 1,185 | 1,232 | 1,255 | 1,295 | 1,360 | 1,898 | 1,960 | 2,016 | 2,064 |
| Long-term investments | 44.0 | 43.0 | 221 | 232 | 230 | — | 157 | 91.0 | — | — | 88.0 | — |
| Current liabilities | 15,245 | 13,547 | 14,004 | 13,243 | 13,871 | 13,384 | 12,598 | 12,535 | 12,674 | 13,118 | 12,630 | 11,305 |
| Accounts payable | 1,058 | 1,055 | 986 | 962 | 1,006 | 1,007 | 1,053 | — | 334 | 349 | 1,073 | — |
| Long-term debt | 5,781 | 6,304 | 5,756 | 4,763 | 4,762 | 4,761 | 5,309 | 5,308 | 5,307 | 5,307 | 4,567 | 4,565 |
| Total debt | 7,101 | 6,906 | 6,903 | 5,911 | 5,935 | — | — | — | — | — | — | — |
| Total liabilities | 22,789 | 21,578 | 21,478 | 19,629 | 20,298 | 19,850 | 19,664 | 19,598 | 20,207 | 20,669 | 19,497 | 18,138 |
| Total equity (incl. minority) | 7,770 | 8,059 | 8,052 | 7,810 | 8,180 | 8,214 | 8,017 | 7,570 | 9,415 | 9,568 | 9,593 | 9,485 |
| Retained earnings | -699 | -392 | -296 | -593 | -206 | 51.0 | 109 | -650 | 1,315 | 1,464 | 1,466 | 1,127 |
| Minority interest | 82.0 | 82.0 | 76.0 | 75.0 | 80.0 | 81.0 | 77.0 | 78.0 | 78.0 | 79.0 | 73.0 | 75.0 |