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Willis Towers Watson WTW Accrued Expenses

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Other financials

Income statement

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Revenue$2.5B+9.1%
Operating income$364.0M-1.1%
Net income$229.0M-30.8%
EPS (diluted)$2.43-26.8%

Balance sheet

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Cash & equivalents$1.6B-17.1%
Total debt$7.1B+19.6%
Total equity$7.7B-5.1%
Total assets$30.6B+7.3%

Cash flow

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Operating cash flow$484.0M+34.1%
CapEx$59.0M+1.7%
Free cash flow$425.0M+40.3%

Valuation

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Market cap$31.4B-1.1%
Enterprise value$36.87B+3.2%
P/E20.1×
P/S3.1×-0.1×

Profitability

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Operating margin22.2%+12.7pp
Net margin15.5%
FCF margin16.7%+4.7pp

Returns & leverage

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Return on equity19.8%
Debt / equity0.9×+0.2×
Current ratio1.1×0.0×

Where this comes from

Reported directly by Willis Towers Watson in its filing.

Tagged under the XBRL concept us-gaap:OtherLiabilitiesCurrent.

The source filing: Willis Towers Watson’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 12:02 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-325374
Line itemJune 30, 2026December 31, 2025
Deferred revenue and accrued expenses1,7662,087
Current debt749550
Current lease liabilities117125
Other current liabilities767797
Total current liabilities15,24514,004
Long-term debt5,7815,756
Liability for pension benefits610660
Provision for liabilities359340

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Willis Towers Watson's accrued expenses?
Willis Towers Watson (WTW) reported accrued expenses of $767M in Q2 2026.
How has Willis Towers Watson's accrued expenses changed year-over-year?
Willis Towers Watson's accrued expenses increased by 2.0% year-over-year, from $752M to $767M.
What is the long-term trend for Willis Towers Watson's accrued expenses?
Over 5 years (2020 to 2025), Willis Towers Watson's accrued expenses has grown at a -2.1% compound annual growth rate (CAGR), from $888M to $797M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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