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Willis Towers Watson Public Limited Company (0Y4Q.L)

USD291.90 -3.93 (-1.33%)
GB LSE Financial Services Insurance - Brokers
Address 51 Lime Street EC3M 7DQ
London, GB
CEO Carl Aaron Hess
IPO 2018-01-17
ISIN IE00BDB6Q211

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Also trades on London Stock Exchange · 0Y4Q.L (USD) NASDAQ Global Select · WLTW (USD) NASDAQ Global Select · WTW (USD)
Description

Willis Towers Watson Public Limited Company operates as a global advisory, broking, and solutions enterprise, structured into two main divisions: Health, Wealth and Career, and Risk and Broking. Under its Health, Wealth and Career segment, the company delivers comprehensive services including actuarial support, benefits plan design, and administrative oversight for traditional pension and retirement savings programs. It also provides consulting, brokerage, and administrative services for health and group benefit plans, alongside benefits outsourcing solutions. This division further offers strategic counsel, data analytics, software, and specialized products to assist clients with their total rewards and talent management challenges. The Risk and Broking segment provides expert risk advisory services, insurance brokerage, and consulting across diverse sectors such as property and casualty, aerospace, construction, and marine. This division also extends investment consulting and discretionary asset management to insurance and reinsurance companies. Its extensive offerings encompass insurance consulting and technology solutions, risk and capital management strategies, advanced pricing and predictive modeling, comprehensive financial and regulatory reporting, detailed financial and capital modeling, merger and acquisition support, outsourcing capabilities, and broader business management services. Additionally, it engages in wholesale insurance broking for both retail and wholesale brokers, while also providing underwriting, capital management, capital market advisory, and general brokerage services. Beyond these core segments, Willis Towers Watson facilitates primary medical and ancillary benefit exchanges and offers outsourcing solutions to active employees and retirees in both group and individual markets. The company also manages various healthcare and reimbursement accounts, including Health Savings Accounts (HSAs), Health Reimbursement Arrangements (HRAs), Flexible Spending Accounts (FSAs), and other consumer-directed options. Established in 1828, the company is headquartered in London, United Kingdom. Previously known as Willis Group Holdings Public Limited Company, it officially adopted its current name, Willis Towers Watson Public Limited Company, in January 2016.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD291.90 -3.93 (-1.33%)
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Volume Profile
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Liquidity & share structure
Average Volume
517
Beta
0.45
Float Shares
93.99M
Free Float %
97.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.17% -3.60% -9.73% -9.55% -21.87% -24.52% -17.51% +10.18% -5.20% +63.78% +63.78%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (34 ratings, all time) Buy
Price Targets & DCF
Current price
291.90
DCF (Unlevered) 499.23 +71.0%
DCF (Levered) 362.92 +24.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.46
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Insurance - Brokers: +8.0%
    -2.3% Q1'26: +8.6% (vs Q1'25)
  • EPS growth Insurance - Brokers: +30.1%
    +1,793.8% Q1'26: +32.6% (vs Q1'25)
  • FCF margin FCF growth · Insurance - Brokers: +26.6%
    +11.9% Q1'26: -2.7% (vs Q1'25)
  • EBIT margin Insurance - Brokers: +19.1%
    +23.3% Q1'26: +18.6% (vs Q1'25)
  • ROIC Insurance - Brokers: +6.4%
    +15.4% Q1'26: +11.6% (vs Q1'25)
  • Share dilution Insurance - Brokers: -0.6%
    -2.9% Q1'26: -5.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Insurance - Brokers: -0.02×
    2.76× Q1'26: 3.12× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.45) × ERP
WACC = 77% × Ke + 23% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 499.08 Current price: 291.90
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
12 Rev. Ana.
1 EPS Ana.
Dec 2027
13 Rev. Ana.
1 EPS Ana.
Dec 2028
8 Rev. Ana.
1 EPS Ana.
Revenue
3.29B
est.
3.39B
est.
3.53B
est.
3.46B
est: 3.50B (-1.1%)
3.63B
est: 3.70B (-1.9%)
3.77B
est: 3.86B (-2.3%)
3.83B
est: 3.84B (-0.2%)
7.85B
est: 7.94B (-1.2%)
8.15B
est: 8.11B (+0.5%)
8.49B
est: 8.50B (-0.2%)
9.04B
est: 8.97B (+0.7%)
8.61B
est: 9.27B (-7.1%)
9.00B
est: 9.40B (-4.2%)
8.86B
est: 8.83B (+0.4%)
9.48B
est: 9.44B (+0.5%)
9.93B
est: 9.93B (+0.0%)
9.71B
est: 9.62B (+1.0%)
10.42B
10.20B – 10.53B
+8.3% YoY
11.00B
10.62B – 11.29B
+5.5% YoY
11.63B
11.31B – 11.85B
+5.8% YoY
EBITDA
438.57M
est.
535.27M
est.
597.79M
est.
373.00M
est: 219.69M (+69.8%)
830.00M
est: -354.59M (+334.1%)
841.00M
est: 531.65M (+58.2%)
787.00M
est: 537.09M (+46.5%)
1.79B
est: 825.26M (+116.9%)
1.97B
est: 892.25M (+121.0%)
2.04B
est: 1.02B (+99.1%)
2.03B
est: 1.42B (+42.5%)
2.15B
est: 1.85B (+16.0%)
2.07B
est: 1.94B (+6.7%)
1.88B
est: 2.01B (-6.7%)
2.42B
est: 2.08B (+16.6%)
2.58B
est: 2.44B (+5.6%)
2.68B
est: 2.37B (+12.8%)
2.57B
2.51B – 2.60B
+8.3% YoY
2.71B
2.62B – 2.78B
+5.5% YoY
2.87B
2.79B – 2.92B
+5.8% YoY
EBIT
572.63M
est.
714.38M
est.
784.21M
est.
301.00M
est: 390.90M (-23.0%)
686.00M
est: -221.22M (+410.1%)
695.00M
est: 651.53M (+6.7%)
687.00M
est: 653.19M (+5.2%)
878.00M
est: 883.18M (-0.6%)
1.10B
est: 352.05M (+211.3%)
982.00M
est: 543.51M (+80.7%)
1.36B
est: 854.40M (+59.2%)
1.38B
est: 1.38B (-0.2%)
1.42B
est: 1.45B (-1.8%)
1.31B
est: 1.50B (-12.6%)
1.93B
est: 1.55B (+24.5%)
2.12B
est: 1.89B (+12.2%)
2.26B
est: 1.84B (+22.8%)
1.99B
1.95B – 2.01B
+8.3% YoY
2.10B
2.03B – 2.16B
+5.5% YoY
2.22B
2.16B – 2.26B
+5.8% YoY
Net Income
345.40M
est.
450.86M
est.
473.86M
est.
-446.00M
est: 201.88M (-320.9%)
365.00M
est: -472.08M (+177.3%)
362.00M
est: 380.49M (-4.9%)
373.00M
est: 365.46M (+2.1%)
340.00M
est: 771.49M (-55.9%)
489.00M
est: 424.88M (+15.1%)
851.00M
est: 598.28M (+42.2%)
1.04B
est: 734.00M (+42.2%)
996.00M
est: 1.08B (-8.0%)
4.22B
est: 1.14B (+271.2%)
1.07B
est: 1.18B (-9.3%)
1.06B
est: 1.22B (-13.3%)
-98.00M
est: 1.64B (-106.0%)
1.61B
est: 1.68B (-4.4%)
1.93B
1.86B – 1.98B
+15.2% YoY
2.19B
2.11B – 2.25B
+13.3% YoY
2.49B
2.40B – 2.55B
+13.5% YoY
SGA
1.87B
est.
1.88B
est.
1.95B
est.
est: 2.07B (-100.0%)
est: 2.62B (-100.0%)
est: 2.30B (-100.0%)
142.00M
est: 2.34B (-93.9%)
est: 4.77B (-100.0%)
est: 4.91B (-100.0%)
est: 5.23B (-100.0%)
est: 5.41B (-100.0%)
est: 5.70B (-100.0%)
est: 5.98B (-100.0%)
est: 6.20B (-100.0%)
est: 6.40B (-100.0%)
5.52B
est: 1.10B (+401.3%)
est: 1.07B (-100.0%)
1.16B
1.13B – 1.17B
+8.3% YoY
1.22B
1.18B – 1.26B
+5.5% YoY
1.29B
1.26B – 1.32B
+5.8% YoY
EPS
2.72
est.
2.77
est.
2.83
est.
-6.83
est: 2.62 (-360.3%)
5.37
est: 2.77 (+93.7%)
5.32
est: 2.45 (+117.3%)
5.49
est: 6.52 (-15.8%)
2.47
est: 7.72 (-68.0%)
3.67
est: 8.42 (-56.4%)
6.46
est: 9.78 (-33.9%)
10.16
est: 10.93 (-7.0%)
7.66
est: 11.50 (-33.4%)
15.02
est: 12.82 (+17.1%)
9.54
est: 13.39 (-28.7%)
10.05
est: 14.10 (-28.7%)
-0.96
est: 16.71 (-105.7%)
16.38
est: 16.96 (-3.4%)
19.54
18.83 – 20.02
+15.2% YoY
22.14
21.34 – 22.68
+13.3% YoY
25.12
24.21 – 25.74
+13.5% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-05-06 Citigroup Neutral Buy Upgrade
2026-05-05 Mizuho Outperform Outperform Maintain
2026-05-04 UBS Buy Buy Maintain
2026-05-01 BMO Capital Market Perform Outperform Upgrade
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-08 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-07 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-06 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-05 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-05-01 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-30 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-29 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-28 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-27 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-24 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-23 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-22 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-21 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-20 B+ 3/5 4/5 5/5 5/5 2/5 2/5 1/5
2026-04-17 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-16 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-15 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5
2026-04-14 B+ 3/5 4/5 5/5 5/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.59B
OE per share TTM
16.06
Owner's Yield
6.65%
Maintenance CapEx ratio
8.16%
Maint CapEx / Avg PPE
16.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
7.75
Bullish
Ratio by volume
0.10
Bearish
Buys
62
Sells
8
Shares acquired
1.2K
Shares disposed
11.8K
Cash buys
Cash sales
Net activity
-10,595
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2024-09-09 Krasner Andrew Jay Officer M-Exempt A Ordinary Shares, nominal value $0.000304635 per share 192 0.00 8,163
2024-08-13 Krasner Andrew Jay Officer A-Award A Restricted Share Unit 6 0.00 595
2024-08-13 Hess Carl Aaron Director / Officer A-Award A Restricted Share Unit 64 0.00 7,748
2024-08-13 Banas Kristy D Officer F-InKind D Ordinary Shares, nominal value $0.000304635 per share 909 275.86 250.8K 6,148
2024-07-22 Pullum Anne Officer F-InKind D Ordinary Shares, nominal value $0.000304635 per share 1,405 263.13 369.7K 14,207
2024-07-22 Hess Carl Aaron Director / Officer F-InKind D Ordinary Shares, nominal value $0.000304635 per share 2,161 263.13 568.6K 77,560
2024-07-22 Gebauer Julie Jarecke Officer F-InKind D Ordinary Shares, nominal value $0.000304635 per share 1,669 263.13 439.2K 72,253
2024-07-22 Garrard Adam Officer F-InKind D Ordinary Shares, nominal value $0.000304635 per share 1,876 263.13 493.6K 14,277
2024-07-22 Furman Matthew Officer F-InKind D Ordinary Shares, nominal value $0.000304635 per share 1,804 263.13 474.7K 33,015
2024-07-22 Clarke Lucy Officer 0 0.00 0
2024-07-15 Thomson-Hall Pamela Officer A-Award A Dividend Equivalent Rights- 2022 RSU Award 1 0.00 5
2024-07-15 Qureshi Imran Ahmed Officer A-Award A Dividend Equivalent Rights- 2022 RSU Award 1 0.00 12
2024-07-15 Pullum Anne Officer A-Award A Restricted Share Unit 7 0.00 2,086
2024-07-15 Kurpis Joseph Stephen Officer A-Award A Restricted Share Unit 1 0.00 428
2024-07-15 Krasner Andrew Jay Officer A-Award A Dividend Equivalent Rights- 2022 RSU Award 2 0.00 21
2024-07-15 Hess Carl Aaron Director / Officer A-Award A Restricted Share Unit 28 0.00 8,413
2024-07-15 Gebauer Julie Jarecke Officer A-Award A Dividend Equivalent Rights- 2022 RSU Award 1 0.00 14
2024-07-15 Garrard Adam Officer A-Award A Dividend Equivalent Rights- 2022 RSU Award 1 0.00 15
2024-07-15 Furman Matthew Officer A-Award A Dividend Equivalent Rights- 2022 RSU Award 1 0.00 11
2024-07-15 Faber Alexis Officer A-Award A Ordinary Shares, nominal value $0.000304635 per share 5 0.00 6,493
2024-07-15 Banas Kristy D Officer A-Award A Dividend Equivalent Rights- 2022 RSU Award 1 0.00 9
2024-07-10 Qureshi Imran Ahmed Officer A-Award A Restricted Share Unit 54 0.00 2,573
2024-07-10 Pullum Anne Officer A-Award A Restricted Share Unit 0 0.00 837
2024-07-10 Kurpis Joseph Stephen Officer A-Award A Restricted Share Unit 6 0.00 283
2024-07-10 Krasner Andrew Jay Officer A-Award A Restricted Share Unit 4 0.00 587
2024-07-10 Hess Carl Aaron Director / Officer A-Award A Restricted Share Unit 12 0.00 7,659
2024-07-10 Gebauer Julie Jarecke Officer A-Award A Restricted Share Unit 64 0.00 22,976
2024-07-10 Furman Matthew Officer A-Award A Restricted Share Unit 0 0.00 2,416
2024-07-10 Faber Alexis Officer A-Award A Restricted Share Unit 0 0.00 971
2024-07-10 Banas Kristy D Officer A-Award A Restricted Share Unit 49 0.00 875

Executive team

Top executives
EBIT / Employee
46.1K
Shares Outstanding
96.75M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Carl A. Hess CERA Chief Executive Officer & Director 4M male
Andrew Jay Krasner Chief Financial Officer & Co-head of Corporate Development 2M male
Julie Jarecke Gebauer President of Health, Wealth & Career 2M female
Lucy Clarke President of Risk & Broking 2M female
Matthew S. Furman General Counsel 2M male
Kristy D. Banas Chief Human Resources Officer and Head of Marketing & Communication female
Alexis Faber Chief Operating Officer female
William Jay Dubinsky MD & Head of Insurance-Linked Securities - WCMA male
Claudia De La Hoz Head of Investor Relations female
Eric Arnaldo Latalladi Global Head of Technology male
Gianmarco Tosti Head of Corporate Risk & Broking and Italy Country Manager male
Joseph Stephen Kurpis Principal Accounting Officer & Controller male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits