Willis Towers Watson WTW Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Health Wealth And Career | $1.28B-23.2% | $1.67B+30.9% | $1.28B+6.6% | $1.2B+1.4% | $1.18B-36.9% | |
| Risk And Broking | $1.12B-10.9% | $1.26B+24.4% | $1.01B-3.8% | $1.05B+1.9% | $1.03B-10.0% | |
| Revenues Excluding Interest And Dividends by Business | ||||||
| Health Wealth And Career | $1.26B-23.4% | $1.64B+31.0% | $1.25B+6.8% | $1.17B+1.3% | $1.16B-37.3% | |
| Risk And Broking | $1.09B-11.2% | $1.23B+25.5% | $979M-4.4% | $1.02B+1.9% | $1.01B-9.9% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Health Wealth And Career | $887M+0.5% | $883M+1.6% | $869M+0.1% | $868M+5.5% | $823M-20.6% | |
| Risk And Broking | $854M+5.8% | $807M-0.1% | $808M-0.9% | $815M+3.0% | $791M+5.7% | |
| Operating Income by Business | ||||||
| Health Wealth And Career | $346M-52.5% | $729M+102% | $361M+28.9% | $280M-10.0% | $311M-59.9% | |
| Risk And Broking | $252M-42.1% | $435M+130% | $189M-14.9% | $222M-1.8% | $226M-41.0% | |
| Other Income by Business | ||||||
| Health Wealth And Career | $0— | $0— | $0-100% | $1M— | $0-100% | |
| Risk And Broking | $1M-50.0% | $2M— | $0-100% | $2M0.0% | $2M— | |
| Interest Income Operating And Nonoperating by Business | ||||||
| Health Wealth And Career | $8M+14.3% | $7M-12.5% | $8M+14.3% | $7M0.0% | $7M+16.7% | |
| Risk And Broking | $25M+4.2% | $24M-14.3% | $28M+21.7% | $23M+4.5% | $22M-15.4% | |
| Interest And Other Income by Business | ||||||
| Health Wealth And Career | $9M-25.0% | $12M+50.0% | $8M0.0% | $8M-11.1% | $9M-30.8% | |
| Risk And Broking | $33M-13.2% | $38M+11.8% | $34M+21.4% | $28M+16.7% | $24M-22.6% | |
| Goodwill Gross by Business | ||||||
| Health Wealth And Career | $7.68B+4.9% | $7.32B0.0% | $7.32B0.0% | $7.32B+0.4% | $7.29B+0.2% | |
| Risk And Broking | $3.26B+12.6% | $2.89B+0.1% | $2.89B0.0% | $2.89B+2.4% | $2.82B+1.0% | |
| Operating Expenses by Business | ||||||
| Health Wealth And Career | $919M0.0% | $919M+2.1% | $900M0.0% | $900M+5.4% | $854M-20.7% | |
| Risk And Broking | $864M+5.6% | $818M0.0% | $818M-0.8% | $825M+3.0% | $801M+5.7% | |
| Goodwill Acquired by Business | ||||||
| Health Wealth And Career | $366M— | $0— | $0— | —— | —— | |
| Risk And Broking | $378M+16,700% | $2.25M0.0% | $2.25M0.0% | $2.25M0.0% | $2.25M-89.3% | |
| Interest Income by Business | ||||||
| Health Wealth And Career | $8M+14.3% | $7M-12.5% | $8M+14.3% | $7M0.0% | $7M+16.7% | |
| Risk And Broking | $25M+4.2% | $24M-14.3% | $28M+21.7% | $23M+4.5% | $22M-15.4% | |
| Goodwill by Business | ||||||
| Health Wealth And Career | $6.77B+5.6% | $6.41B0.0% | $6.41B0.0% | $6.41B+0.4% | $6.38B+0.2% | |
| Risk And Broking | $2.9B+14.4% | $2.53B+0.1% | $2.53B0.0% | $2.53B+2.8% | $2.46B+1.1% | |
| Reimbursable Expenses And Other by Business | ||||||
| Health Wealth And Career | $19M-17.4% | $23M+43.8% | $16M-11.1% | $18M+5.9% | $17M-15.0% | |
| Risk And Broking | $3M0.0% | $3M0.0% | $3M0.0% | $3M0.0% | $3M-25.0% | |
| Book Of Business Settlements by Business | ||||||
| Health Wealth And Career | $1M-80.0% | $5M— | $0— | $0-100% | $2M-60.0% | |
| Risk And Broking | $7M-41.7% | $12M+100% | $6M+100% | $3M— | $0-100% | |
| Goodwill Impaired Accumulated Impairment Loss by Business | ||||||
| Health Wealth And Career | $911M0.0% | $911M0.0% | $911M0.0% | $911M0.0% | $911M0.0% | |
| Risk And Broking | $362M0.0% | $362M0.0% | $362M0.0% | $362M0.0% | $362M0.0% | |
| Depreciation by Business | ||||||
| Health Wealth And Career | $32M-11.1% | $36M+16.1% | $31M-3.1% | $32M+3.2% | $31M-24.4% | |
| Risk And Broking | $10M-9.1% | $11M+10.0% | $10M0.0% | $10M0.0% | $10M0.0% | |
| Goodwill Foreign Currency Translation Gain Loss by Business | ||||||
| Health Wealth And Career | $7M— | —— | —— | -$28M-86.7% | -$15M-154% | |
| Risk And Broking | $13M+750% | -$2M— | $0+100% | -$60M-122% | -$27M-149% | |
| Revenue by Product | ||||||
| Broking | $1.03B-30.5% | $1.49B+62.5% | $915M-8.1% | $996M+6.4% | $936M-43.9% | |
| Consulting | $861M-0.5% | $865M+5.7% | $818M+1.7% | $804M+0.8% | $798M-0.9% | |
| Outsourced Administration | $298M-6.9% | $320M+7.0% | $299M+16.3% | $257M-11.1% | $289M-7.7% | |
| Service | $2.34B-17.9% | $2.85B+28.1% | $2.23B+1.6% | $2.19B+1.5% | $2.16B-26.8% | |
| Non-Current Assets by Geography | ||||||
| GB | $511M-1.9% | $521M+0.4% | $519M-1.3% | $526M+5.2% | $500M+2.0% | |
| IE | $7M0.0% | $7M-12.5% | $8M0.0% | $8M0.0% | $8M0.0% | |
| US | $297M+5.3% | $282M-0.4% | $283M-2.4% | $290M-1.4% | $294M-4.2% | |
| Revenue by Geography | ||||||
| GB | $501M-11.5% | $566M+5.0% | $539M+5.9% | $509M+12.9% | $451M-12.3% | |
| IE | $39M+2.6% | $38M+15.2% | $33M-10.8% | $37M+5.7% | $35M+9.4% | |
| US | $982M-35.7% | $1.53B+52.9% | $999M-4.5% | $1.05B+12.2% | $932M-45.9% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Willis Towers Watson break its business down?
- Willis Towers Watson (WTW) reports revenue by business across 2 parts — Health Wealth And Career and Risk And Broking. Each is extracted from the segment footnotes and tracked over time.
- Where does Willis Towers Watson's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Willis Towers Watson's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
