Willis Towers Watson WTW Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Operating margin | 22.7%-0.3pp | 23%+1.4pp | 21.6%+12.1pp | 9.5%+1.6pp | 7.9%+1.6pp | |
| Net margin | 16.8%+0.3pp | 16.5%— | —— | —— | —— | |
| Returns | ||||||
| Return on equity | 20.7%+0.5pp | 20.2%— | —— | —— | —— | |
| Return on invested capital | 14.8%-1.0pp | 15.8%+1.7pp | 14.1%+10.5pp | 3.6%+0.7pp | 2.9%+0.5pp | |
| Efficiency | ||||||
| Asset turnover | 0.3×0.0× | 0.3×0.0× | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | |
| Liquidity | ||||||
| Current ratio | 1.2×0.0× | 1.2×+0.1× | 1.1×0.0× | 1.1×0.0× | 1.2×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0.9×0.0× | 0.9×+0.1× | 0.8×0.0× | 0.7×0.0× | 0.7×0.0× | |
| Net debt / EBITDA | 1.9×+0.5× | 1.4×-0.2× | 1.6×-1.3× | 2.9×-0.7× | 3.6×-0.1× | |
| Per Share | ||||||
| Book value per share | $83.09+3.1% | $80.57+2.1% | $78.93-2.6% | $81.00+0.6% | $80.52+3.4% | |
| Valuation | ||||||
| Market capitalization | $27.38B-13.0% | $31.46B-6.6% | $33.7B+12.4% | $29.98B-10.7% | $33.59B+6.4% | |
| Price / earnings | 16.4×-3.2× | 19.6×— | —— | —— | —— | |
| Price / sales | 2.8×-0.5× | 3.2×-0.2× | 3.4×+0.4× | 3.1×-0.4× | 3.4×+0.2× | |
| Price / book | 3.4×-0.5× | 3.9×-0.4× | 4.4×+0.7× | 3.7×-0.4× | 4.1×+0.2× | |
| EV / EBITDA | 12.1×-1.1× | 13.3×-1.6× | 14.9×-10.0× | 24.9×-6.3× | 31.2×-1.7× | |
| Dividend yield | 1.3%+0.2pp | 1.1%+0.1pp | 1.1%-0.1pp | 1.2%+0.1pp | 1.1%-0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Willis Towers Watson's ratios come from?
- Every ratio is computed from Willis Towers Watson's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
