Willis Towers Watson is a leading global advisory, broking and solutions company that designs and delivers solutions that manage risk, optimize benefits, cultivate talent and expand the power of capital to protect and strengthen institutions and individuals. Willis Towers Watson has 45,000 employees serving clients in more than 140 countries and markets.

Company profile
Ticker
WTW
Exchange
Website
CEO
John Haley
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Equitable • Aon • Erie Indemnity • Marsh & McLennan Cos. • Enact • Ryan Specialty • Brown & Brown • GoHealth • Crawford & Co. • Waterdrop ...
Former names
WILLIS GROUP HOLDINGS LTD, WILLIS GROUP HOLDINGS PLC
SEC CIK
Corporate docs
Subsidiaries
Asifina S.A. • WFD Consultores S.A. • Willis Towers Watson Argentina S.A. • Willis Towers Watson Consultores S.A. • Willis Towers Watson Corredores de Reaseguros S.A. • Aerosure Asia Pacific Pty Ltd • CKA Risk Solutions Pty Ltd • Cortex Global Risk Australia Pty Limited • Cortex Global Risk Pty Limited • Richard Oliver Underwriting Managers Pty Ltd ...
WTW stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
19 May 23
8-K
Entry into a Material Definitive Agreement
17 May 23
8-K
WTW Prices Offering of $750,000,000 of Senior Notes
11 May 23
424B2
Prospectus for primary offering
11 May 23
FWP
Free writing prospectus
10 May 23
424B2
Prospectus for primary offering
10 May 23
10-Q
2023 Q1
Quarterly report
27 Apr 23
8-K
WTW Reports First Quarter 2023 Earnings
27 Apr 23
DEFA14A
Additional proxy soliciting materials
5 Apr 23
DEF 14A
Definitive proxy
5 Apr 23
Transcripts
WTW
Earnings call transcript
2023 Q1
27 Apr 23
WTW
Earnings call transcript
2022 Q4
9 Feb 23
WTW
Earnings call transcript
2022 Q3
27 Oct 22
WTW
Earnings call transcript
2022 Q2
28 Jul 22
WTW
Earnings call transcript
2022 Q1
28 Apr 22
WTW
Earnings call transcript
2021 Q4
8 Feb 22
WTW
Earnings call transcript
2021 Q3
28 Oct 21
WTW
Earnings call transcript
2021 Q2
3 Aug 21
WTW
Earnings call transcript
2021 Q1
29 Apr 21
WTW
Earnings call transcript
2020 Q4
9 Feb 21
Latest ownership filings
144
Notice of proposed sale of securities
7 Jun 23
4
Julie Jarecke Gebauer
1 Jun 23
144
Notice of proposed sale of securities
1 Jun 23
4
Fredric J Tomczyk
19 May 23
4
Jacqueline Hunt
19 May 23
4
Stephen M. Chipman
19 May 23
4
PAUL C REILLY
19 May 23
4
Inga K Beale
19 May 23
4
Michael P. Hammond
19 May 23
4
Fumbi F. Chima
19 May 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 4.36 bn | 4.36 bn | 4.36 bn | 4.36 bn | 4.36 bn | 4.36 bn |
Cash burn (monthly) | 119.67 mm | 67.50 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 277.18 mm | 156.35 mm | n/a | n/a | n/a | n/a |
Cash remaining | 4.08 bn | 4.21 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 34.1 | 62.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
92.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 581 |
Opened positions | 74 |
Closed positions | 69 |
Increased positions | 176 |
Reduced positions | 235 |
13F shares | Current |
---|---|
Total value | 22.38 tn |
Total shares | 98.35 mm |
Total puts | 148.80 k |
Total calls | 173.00 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 12.31 mm | $2.86 tn |
BLK Blackrock | 10.63 mm | $2.47 tn |
Massachusetts Financial Services | 8.11 mm | $1.88 tn |
Artisan Partners Limited Partnership | 5.54 mm | $1.29 tn |
First Eagle Investment Management | 4.95 mm | $1.15 tn |
STT State Street | 4.48 mm | $1.05 tn |
Harris Associates L P | 3.69 mm | $856.58 bn |
Geode Capital Management | 2.40 mm | $557.24 bn |
FMR | 2.15 mm | $500.02 bn |
IVZ Invesco | 2.08 mm | $482.79 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 23 | Gebauer Julie Jarecke | Ordinary Shares, nominal value $0.000304635 per share | Sell | Dispose S | No | Yes | 218.3472 | 2,500 | 545.87 k | 77,239.573 |
17 May 23 | Oneill Brendan R | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 227.39 | 465 | 105.74 k | 7,023 |
17 May 23 | Rabbitt Linda D | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 227.39 | 756 | 171.91 k | 14,791 |
17 May 23 | Michelle R Swanback | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 881 | 0.00 | 1,531 |
17 May 23 | Michelle R Swanback | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 227.39 | 465 | 105.74 k | 650 |
17 May 23 | Thomas Paul D | Ordinary Shares, nominal value $0.000304635 per share | Grant | Acquire A | No | No | 0 | 1,322 | 0.00 | 13,030 |
17 May 23 | Thomas Paul D | Ordinary Shares, nominal value $0.000304635 per share | Payment of exercise | Dispose F | No | No | 227.39 | 698 | 158.72 k | 11,708 |
News
10 Analysts Have This to Say About Willis Towers Watson
23 May 23
BJ's Wholesale, Kingsoft Cloud, Zoom Video And Other Big Stocks Moving Lower On Tuesday
23 May 23
Microsoft To Rally Around 25%? Here Are 10 Other Analyst Forecasts For Tuesday
23 May 23
BMO Capital Maintains Market Perform on Willis Towers Watson, Lowers Price Target to $230
23 May 23
Willis Towers Watson Earnings Perspective: Return On Capital Employed
3 May 23
Press releases
CEO pay increased 2.7% in 2022, WTW proxy analysis finds
24 May 23
WTW Announces Regular Quarterly Dividend
18 May 23
WTW Prices Offering of $750,000,000 of Senior Notes
10 May 23
Companies making significant changes in how work gets done, WTW survey finds
9 May 23
WTW Reports First Quarter 2023 Earnings
27 Apr 23