Willis Towers Watson Public Limited Company (WTW) is a Financials stock trading at $337.68 (as of 2026-09-02), with a market capitalization of $31.89B and a trailing P/E of 20.4. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and Risk and Broking. The company offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services. It also provides advice, data, software, and products to address clients' total rewards and talent issues. In addition, the company offers risk advice, insurance brokerage, and consulting services in the areas of property and casualty, aerospace, construction, and marine. Further, it offers investment consulting and discretionary management services to insurance and reinsurance companies; insurance consulting and technology, risk and capital management, pricing and predictive modeling, financial and regulatory reporting, financial and capital modeling, merger and acquisition, outsourcing, and business management services; wholesale insurance broking services to retail and wholesale brokers; and underwriting and capital management, capital market, and advisory and brokerage services. Additionally, the company provides primary medical and ancillary benefit exchange, and outsourcing services to active employees and retirees in the group and individual markets, as well as delivers healthcare and reimbursement accounts, including health savings accounts, health reimbursement arrangements, flexible spending accounts, and other consumer-directed accounts. The company was formerly known as Willis Group Holdings Public Limited Company and changed its name to Willis Towers Watson Public Limited Company in January 2016. Willis Towers Watson Public Limited Company was founded in 1828 and is based in London, the United Kingdom.
Willis Towers Watson advises companies on insurance, retirement plans, health benefits, and talent strategy, earning fees from brokerage, consulting, and plan administration. Revenue splits roughly evenly between its two segments: Health, Wealth & Career and Risk & Broking, with clients paying recurring advisory and service fees.
Revenue comes from recurring advisory, brokerage, and plan-administration fees tied to client headcount and program complexity; the margin lever is labor productivity, not asset growth, making AI-driven workflow gains the core expansion mechanism.
| Health, Wealth & Career | $1.3B |
| Risk & Broking | $1.1B |
Business quality (Mixed): Operating margin at 15% with a 28.9x multiple (121% above the 13.1x industry average) means the market is underwriting a 30% margin story that is still two to three years out. The business earns premium fees for expertise, but the Propel reorganization must not slip if the valuation is to hold.
Valuation: At 29× earnings, WTW trades 121% above the Insurance average (13×).
| Price | $337.68 |
| Market Cap | $31.89B |
| P/E Ratio | 20.4 |
| EV / EBITDA | 13.5 |
| Price / Book | 4.10 |
| Price / Sales | 3.16 |
| FCF Yield | 4.8% |
| DCF Value (model) | $212.52 |
| DCF Upside vs Price | -37.1% |
| Revenue (TTM) | $9.71B |
| Net Margin | 16.5% |
| Revenue Growth (YoY) | 9.1% |
| EPS Growth (YoY) | -27.2% |
| FCF Growth (YoY) | 65.9% |
| Altman Z-Score | 1.57 (distress) |
| Stock P/E | 20.4 |
| Sector P/E (Financials) | 14.9 |
| Industry P/E (Insurance) | 12.1 |
| vs Sector | 37.1% |
| vs Industry | 68.3% |
| Sector | Financials |
| Industry | Insurance |
| CEO | Carl Aaron Hess |
| Employees | 49,000 |
| Country | GB |
| IPO Date | 2001-06-12 |
Data as of 2026-09-02.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.