How does Willis Towers Watson Public Limited (WTW) make money?

Willis Towers Watson Public Limited (WTW) primarily makes money through Health, Wealth and Career, which accounts for 55.1% of total revenue. For TTM through Q4 2025, Willis Towers Watson Public Limited generated $9.71B in total revenue with a net profit margin of 16.5%.

What is Willis Towers Watson Public Limited (WTW) gross profit margin?

Willis Towers Watson Public Limited (WTW) reported a gross profit margin of 42.1% for TTM through Q4 2025, equivalent to $4.08B in gross profit. This means Willis Towers Watson Public Limited retains 42.1% of each revenue unit after direct costs of production.

What is Willis Towers Watson Public Limited (WTW) operating profit margin?

Willis Towers Watson Public Limited (WTW) reported an operating profit margin of 23% for TTM through Q4 2025, equivalent to $2.23B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Willis Towers Watson Public Limited (WTW) net profit margin?

Willis Towers Watson Public Limited (WTW) reported a net profit margin of 16.5% for TTM through Q4 2025, equivalent to $1.60B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Willis Towers Watson Public Limited (WTW) spend on capital expenditures?

Willis Towers Watson Public Limited (WTW) spent $223.00M on capital expenditures in TTM through Q4 2025 (2.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Willis Towers Watson Public Limited (WTW) free cash flow?

Willis Towers Watson Public Limited (WTW) generated $1.55B in free cash flow for TTM through Q4 2025 (16.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Willis Towers Watson Public Limited (WTW) effective tax rate?

Willis Towers Watson Public Limited (WTW) had an effective tax rate of 16.5% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How Willis Towers Watson Public Limited (WTW) Makes Money: A Visual Guide

Willis Towers Watson Public Limited (WTW) generated $9.71B in revenue, earning $1.60B in net profit (16.5% margin). Its largest revenue source is Health, Wealth and Career (55.1% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Willis Towers Watson Public Limited (WTW) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 25, 2026).

Frequently asked questions

How does Willis Towers Watson Public Limited (WTW) make money?: Willis Towers Watson Public Limited (WTW) primarily makes money through Health, Wealth and Career, which accounts for 55.1% of total revenue. For TTM through Q4 2025, Willis Towers Watson Public Limited generated $9.71B in total revenue with a net profit margin of 16.5%.
What is Willis Towers Watson Public Limited (WTW) gross profit margin?: Willis Towers Watson Public Limited (WTW) reported a gross profit margin of 42.1% for TTM through Q4 2025, equivalent to $4.08B in gross profit. This means Willis Towers Watson Public Limited retains 42.1% of each revenue unit after direct costs of production.
What is Willis Towers Watson Public Limited (WTW) operating profit margin?: Willis Towers Watson Public Limited (WTW) reported an operating profit margin of 23% for TTM through Q4 2025, equivalent to $2.23B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Willis Towers Watson Public Limited (WTW) net profit margin?: Willis Towers Watson Public Limited (WTW) reported a net profit margin of 16.5% for TTM through Q4 2025, equivalent to $1.60B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Willis Towers Watson Public Limited (WTW) spend on capital expenditures?: Willis Towers Watson Public Limited (WTW) spent $223.00M on capital expenditures in TTM through Q4 2025 (2.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Willis Towers Watson Public Limited (WTW) free cash flow?: Willis Towers Watson Public Limited (WTW) generated $1.55B in free cash flow for TTM through Q4 2025 (16.0% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Willis Towers Watson Public Limited (WTW) effective tax rate?: Willis Towers Watson Public Limited (WTW) had an effective tax rate of 16.5% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.