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Willis Towers Watson WTW Payments to Acquire Equity Method Investments

Payments to Acquire Equity Method Investments at other companies

Corteva logo
CortevaCTVA
$7M-74.1%
Ispire Technology Inc. logo
Ispire Technology Inc.ISPR
$250K
GE Vernova logo
GE VernovaGEV
$10M-58.3%
Healthcare Services Group logo
Healthcare Services GroupHCSG
$50K
Live Nation Entertainment logo
Live Nation EntertainmentLYV
$32.57M+207%
Willis Towers Watson logo
Willis Towers WatsonWTW
$14M+100%

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$31.86B-0.8%
Enterprise value$37.33B+3.5%
P/E20.4×
P/S3.2×-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:PaymentsToAcquireEquityMethodInvestments.

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 itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
CASH FLOWS (USED IN)/FROM INVESTING ACTIVITIES
Additions to fixed assets and software(114)(109)
Acquisitions of operations, net of cash acquired(1,039)(14)
Contributions to investments in associates(23)(8)
Net proceeds from sale of operations836
Net purchases of held-to-maturity securities(50)
Net purchases of available-for-sale securities(43)
Net cash (used in)/from investing activities(1,176)612

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Willis Towers Watson's payments to acquire equity method investments?
Willis Towers Watson (WTW) reported payments to acquire equity method investments of $14M in Q2 2026.
How has Willis Towers Watson's payments to acquire equity method investments changed year-over-year?
Willis Towers Watson's payments to acquire equity method investments increased by 100.0% year-over-year, from $7M to $14M.
What does payments to acquire equity method investments mean?
This tracks cash outflows related to acquiring minority interests in other companies where the firm exercises significant influence but not full control. It highlights the company's strategy of forming partnerships or strategic alliances.

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