Question 1

What is Willis Towers Watson Public Limited's P/FCF ratio?

Accepted Answer

Willis Towers Watson Public Limited (WTW) P/FCF ratio is 16.1× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Willis Towers Watson Public Limited?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Willis Towers Watson Public Limited specifically, the relevant sector benchmark is the current sector median of 11.1×.

Question 5

Is Willis Towers Watson Public Limited's P/FCF ratio high or low?

Accepted Answer

Willis Towers Watson Public Limited's P/FCF ratio of 16.1× is below its own 5-year average of 24.5× and above the sector median of 11.1×. That places the current reading at the 22th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Willis Towers Watson Public Limited's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Willis Towers Watson Public Limited (WTW) P/FCF ratio has ranged from a low of 11.1× in 2022 to a high of 231.7× in 2007. The 5-year average is 24.5× and the 5-year median is 22.7×.

Question 7

What was Willis Towers Watson Public Limited's P/FCF ratio in 2025?

Accepted Answer

Willis Towers Watson Public Limited (WTW) P/FCF ratio at the end of 2025 was 20.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Willis Towers Watson Public Limited's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$31.55B	$1.55B	20.3×	-0.6×	Dec 31, 2025
2024	$31.64B	$1.51B	20.9×	-1.6×	Dec 31, 2024
2023	$24.84B	$1.10B	22.5×	-20.9×	Dec 31, 2023
2022	$26.41B	$608.00M	43.4×	+27.6×	Dec 31, 2022
2021	$29.69B	$1.87B	15.8×	-2.6×	Dec 31, 2021
2020	$27.39B	$1.49B	18.4×	-15.2×	Dec 31, 2020
2019	$26.05B	$776.00M	33.6×	+13.1×	Dec 31, 2019
2018	$19.74B	$966.00M	20.4×	-20.7×	Dec 31, 2018
2017	$20.04B	$487.00M	41.2×	+15.8×	Dec 31, 2017
2016	$16.75B	$660.00M	25.4×	-77.5×	Dec 31, 2016
2015	$8.75B	$85.00M	102.9×	+80.9×	Dec 31, 2015
2014	$7.93B	$360.00M	22.0×	+4.0×	Dec 31, 2014
2013	$7.98B	$442.00M	18.0×	+3.1×	Dec 31, 2013
2012	$5.80B	$388.00M	15.0×	-5.6×	Dec 31, 2012
2011	$6.75B	$328.00M	20.6×	+6.0×	Dec 31, 2011
2010	$5.92B	$406.00M	14.6×	+0.7×	Dec 31, 2010
2009	$4.46B	$322.00M	13.8×	-21.5×	Dec 31, 2009
2008	$4.13B	$117.00M	35.3×	-29.7×	Dec 31, 2008
2007	$5.39B	$83.00M	65.0×	-0.6×	Dec 31, 2007
2006	$6.04B	$92.00M	65.6×	+11.9×	Dec 31, 2006
2005	$5.80B	$108.00M	53.7×	+38.5×	Dec 31, 2005
2004	$6.71B	$441.00M	15.2×	+2.9×	Dec 31, 2004
2003	$5.38B	$436.00M	12.3×	-2.1×	Dec 31, 2003
2002	$4.27B	$296.00M	14.4×	-4.7×	Dec 31, 2002
2001	$3.46B	$181.00M	19.1×	—	Dec 31, 2001


Assurant (AIZ)	7.5×
Progressive (PGR)	7.1×
Cincinnati Financial (CINF)	7.1×
Alerus Financial (ALRS)	7.0×
Interactive Brokers (IBKR)	6.9×
Invesco (IVZ)	6.9×
American Financial Group (AFG)	6.8×
The Hartford (HIG)	6.5×
Commerce Bancshares (CBSH)	6.4×
Bank of America (BAC)	6.3×
Arch Capital Group (ACGL)	5.9×
JPMorgan Chase (JPM)	5.8×
Travelers Companies (TRV)	5.5×
Principal Financial Group (PFG)	5.5×
Everest Re Group (RE)	5.0×
Allstate (ALL)	4.7×
Everest Re Group (EG)	4.6×
Capital One Financial (COF)	3.9×
Prudential Financial (PRU)	3.5×
Mercury General (MCY)	3.4×
RenaissanceRe Holdings (RNR)	3.0×
MetLife (MET)	2.8×
Synchrony Financial (SYF)	2.4×
Atlantic Union Bankshares (AUB)	2.2×
StoneX Group (SNEX)	0.8×

P/FCF Ratio for Willis Towers Watson Public Limited (WTW)

P/FCF Ratio daily chart for Willis Towers Watson Public Limited (WTW)

Historical P/FCF Ratio for Willis Towers Watson Public Limited (WTW) from 2001 to 2025

About P/FCF Ratio at Willis Towers Watson Public Limited (WTW)

Willis Towers Watson Public Limited P/FCF Ratio by Year

Willis Towers Watson Public Limited P/FCF Ratio 2025: 20.3×

Willis Towers Watson Public Limited P/FCF Ratio 2024: 20.9×

Willis Towers Watson Public Limited P/FCF Ratio 2023: 22.5×

Willis Towers Watson Public Limited P/FCF Ratio 2022: 43.4×

Willis Towers Watson Public Limited P/FCF Ratio 2021: 15.8×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Willis Towers Watson Public Limited (WTW) Key Financials

P/FCF Ratio daily chart for Willis Towers Watson Public Limited (WTW)

Historical P/FCF Ratio for Willis Towers Watson Public Limited (WTW) from 2001 to 2025

About P/FCF Ratio at Willis Towers Watson Public Limited (WTW)

Willis Towers Watson Public Limited P/FCF Ratio by Year

Willis Towers Watson Public Limited P/FCF Ratio 2025: 20.3×

Willis Towers Watson Public Limited P/FCF Ratio 2024: 20.9×

Willis Towers Watson Public Limited P/FCF Ratio 2023: 22.5×

Willis Towers Watson Public Limited P/FCF Ratio 2022: 43.4×

Willis Towers Watson Public Limited P/FCF Ratio 2021: 15.8×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Willis Towers Watson Public Limited's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Willis Towers Watson Public Limited?

+Is Willis Towers Watson Public Limited's P/FCF ratio high or low?

+What is Willis Towers Watson Public Limited's historical P/FCF ratio range?

+What was Willis Towers Watson Public Limited's P/FCF ratio in 2025?

+Why does Willis Towers Watson Public Limited's P/FCF ratio change over time?

Willis Towers Watson Public Limited (WTW) Key Financials