What is Willis Towers Watson's capex?

Willis Towers Watson (WTW) reported capex of $55M in Q1 2026.

How has Willis Towers Watson's capex changed year-over-year?

Willis Towers Watson's capex increased by 7.8% year-over-year, from $51M to $55M.

What is the long-term trend for Willis Towers Watson's capex?

Over 2 years (2023 to 2025), Willis Towers Watson's capex has grown at a -2.7% compound annual growth rate (CAGR), from $242M to $229M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Willis Towers Watson WTW CapEx

CapEx at other companies

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$62M+12.7%

Brown & BrownBRO

$21M+23.5%

Robert HalfRHI

$8.5M-31.5%

Aon plcAON

$67M+19.6%

CognizantCTSH

$76M-1.3%

Automatic Data Processing, Inc.ADP

——

Other financials

Income statement

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Revenue$2.4B+8.5%

Operating income$448.0M+3.7%

Net income$297.0M+26.4%

EPS (diluted)$3.10+33.0%

Balance sheet

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Cash & equivalents$1.9B+23.1%

Total debt$6.9B+16.5%

Total equity$8.0B-1.9%

Total assets$29.6B+5.6%

Cash flow

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Operating cash flow-$10.0M+71.4%

Free cash flow-$65.0M+24.4%

Valuation

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Market cap$24.69B-9.7%

Enterprise value$29.74B-5.3%

P/E14.8×—

P/S2.5×-0.3×

Profitability

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Operating margin22.7%+14.8pp

Net margin16.8%—

FCF margin15.8%+3.4pp

Returns & leverage

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Return on equity20.7%—

Debt / equity0.9×+0.1×

Current ratio1.2×0.0×

Where this comes from

Reported directly by Willis Towers Watson in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Willis Towers Watson’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Willis Towers Watson's capex?: Willis Towers Watson (WTW) reported capex of $55M in Q1 2026.
How has Willis Towers Watson's capex changed year-over-year?: Willis Towers Watson's capex increased by 7.8% year-over-year, from $51M to $55M.
What is the long-term trend for Willis Towers Watson's capex?: Over 2 years (2023 to 2025), Willis Towers Watson's capex has grown at a -2.7% compound annual growth rate (CAGR), from $242M to $229M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.