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

Willis Towers Watson Public Limited (WTW) generates revenue primarily from Health, Wealth and Career, which accounted for 55% of total revenue in TTM through Q1 2026. The company reported $9.9B in revenue and converted 16.8% of it into net profit, equivalent to roughly $1.67B in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

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

Willis Towers Watson Public Limited (WTW) reported a gross profit margin of 38.2% in TTM through Q1 2026, equivalent to $3.78B in gross profit on $9.9B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

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

Willis Towers Watson Public Limited (WTW) reported an operating profit margin of 22.7% in TTM through Q1 2026, equivalent to $2.25B in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

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

Willis Towers Watson Public Limited (WTW) reported a net profit margin of 16.8% in TTM through Q1 2026, equivalent to $1.67B in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Willis Towers Watson Public Limited (WTW) profitable?

Yes. Willis Towers Watson Public Limited (WTW) reported $1.67B in net income for TTM through Q1 2026, with a net profit margin of 16.8%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

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

Willis Towers Watson Public Limited (WTW) spent $227M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 2.3% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Willis Towers Watson Public Limited (WTW) generate?

Willis Towers Watson Public Limited (WTW) generated $1.57B in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 15.9%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

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

Willis Towers Watson Public Limited (WTW) had an effective tax rate of 16.1% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Willis Towers Watson Public Limited (WTW)?

Willis Towers Watson Public Limited (WTW) reports revenue across 2 reportable product segments, led by Health, Wealth and Career at 55% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

Where does Willis Towers Watson Public Limited (WTW) generate most of its revenue?

International is the largest geographic market for Willis Towers Watson Public Limited (WTW), accounting for 54.7% of revenue in the most recent annual filing. The complete regional split — including international markets and any Rest-of-World rollup — is shown in the revenue-by-geography table on this page.

How Willis Towers Watson Public Limited Makes Money: 2026 Visual Revenue Map

Willis Towers Watson Public Limited (WTW) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 30, 2026).

Willis Towers Watson Public Limited (WTW) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Willis Towers Watson Public Limited (WTW), TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Health, Wealth and Career	$5.45B	55%
Risk and Broking	$4.45B	45%
Total	$9.9B	100%

Health, Wealth and Career$5.45B
Risk and Broking$4.45B
Total$9.9B

Willis Towers Watson Public Limited (WTW) Revenue by Geography — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported regions changed mid-year.

Revenue contribution by geographic region for Willis Towers Watson Public Limited (WTW), TTM through Q1 2026
Region	Revenue (USD)	% of total
International	$11.9B	54.7%
UNITED STATES	$4.55B	20.9%
Rest Of World	$3.08B	14.1%
UNITED KINGDOM	$2.12B	9.7%
IRELAND	$147M	0.7%
Total	$21.8B	100%

International
UNITED STATES
Rest Of World
UNITED KINGDOM
IRELAND
Total

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Willis Towers Watson Public Limited (WTW) reports revenue across 2 reportable product segments; the largest segment was Health, Wealth and Career at 55%, followed by Risk and Broking (45%). Geographically, International accounted for 54.7% of revenue, followed by UNITED STATES (20.9%) and Rest Of World (14.1%).

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