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+8.6% | $1.67B-10.8% | $1.28B-5.1% | $1.2B-6.0% | $1.18B-12.6% | |
| Risk And Broking | $1.12B+8.6% | $1.26B+9.7% | $1.01B+7.1% | $1.05B+6.9% | $1.03B+5.0% | |
| Revenues Excluding Interest And Dividends by Business | ||||||
| Health Wealth And Career | $1.26B+8.5% | $1.64B-11.2% | $1.25B-5.1% | $1.17B-6.2% | $1.16B-12.7% | |
| Risk And Broking | $1.09B+8.6% | $1.23B+10.2% | $979M+7.5% | $1.02B+7.8% | $1.01B+5.8% | |
| Segment Reporting Other Item Amount by Business | ||||||
| Health Wealth And Career | $887M+7.8% | $883M-14.8% | $869M-10.2% | $868M-8.9% | $823M-15.1% | |
| Risk And Broking | $854M+8.0% | $807M+7.9% | $808M+6.6% | $815M+6.4% | $791M+3.7% | |
| Operating Income by Business | ||||||
| Health Wealth And Career | $346M+11.3% | $729M-6.1% | $361M+9.7% | $280M+1.4% | $311M-7.4% | |
| Risk And Broking | $252M+11.5% | $435M+13.6% | $189M+11.2% | $222M+9.9% | $226M+11.3% | |
| Other Income by Business | ||||||
| Health Wealth And Career | $0— | $0-100% | $0— | $1M— | $0— | |
| Risk And Broking | $1M-50.0% | $2M— | $0-100% | $2M— | $2M+100% | |
| Interest Income Operating And Nonoperating by Business | ||||||
| Health Wealth And Career | $8M+14.3% | $7M+16.7% | $8M0.0% | $7M-22.2% | $7M-22.2% | |
| Risk And Broking | $25M+13.6% | $24M-7.7% | $28M-3.4% | $23M-20.7% | $22M-21.4% | |
| Interest And Other Income by Business | ||||||
| Health Wealth And Career | $9M0.0% | $12M-7.7% | $8M-27.3% | $8M-11.1% | $9M0.0% | |
| Risk And Broking | $33M+37.5% | $38M+22.6% | $34M0.0% | $28M-9.7% | $24M-22.6% | |
| Goodwill Gross by Business | ||||||
| Health Wealth And Career | $7.68B+5.3% | $7.32B+0.6% | $7.32B-0.1% | $7.32B-7.1% | $7.29B-7.4% | |
| Risk And Broking | $3.26B+15.4% | $2.89B+3.5% | $2.89B+2.2% | $2.89B+3.4% | $2.82B+0.7% | |
| Operating Expenses by Business | ||||||
| Health Wealth And Career | $919M+7.6% | $919M-14.7% | $900M-9.9% | $900M-8.5% | $854M-14.6% | |
| Risk And Broking | $864M+7.9% | $818M+7.9% | $818M+6.2% | $825M+6.2% | $801M+3.4% | |
| Goodwill Acquired by Business | ||||||
| Health Wealth And Career | $366M— | $0+100% | $0— | —— | —— | |
| Risk And Broking | $378M+16,700% | $2.25M-89.3% | $2.25M— | $2.25M— | $2.25M— | |
| Interest Income by Business | ||||||
| Health Wealth And Career | $8M+14.3% | $7M+16.7% | $8M0.0% | $7M-22.2% | $7M-22.2% | |
| Risk And Broking | $25M+13.6% | $24M-7.7% | $28M-3.4% | $23M-20.7% | $22M-21.4% | |
| Goodwill by Business | ||||||
| Health Wealth And Career | $6.77B+6.0% | $6.41B+0.6% | $6.41B-0.1% | $6.41B-17.3% | $6.38B-17.6% | |
| Risk And Broking | $2.9B+17.7% | $2.53B+4.0% | $2.53B+2.5% | $2.53B+3.9% | $2.46B+0.9% | |
| Reimbursable Expenses And Other by Business | ||||||
| Health Wealth And Career | $19M+11.8% | $23M+15.0% | $16M-5.9% | $18M+20.0% | $17M0.0% | |
| Risk And Broking | $3M0.0% | $3M-25.0% | $3M0.0% | $3M0.0% | $3M0.0% | |
| Book Of Business Settlements by Business | ||||||
| Health Wealth And Career | $1M-50.0% | $5M0.0% | $0-100% | $0— | $2M— | |
| Risk And Broking | $7M— | $12M+100% | $6M+50.0% | $3M+50.0% | $0-100% | |
| Goodwill Impaired Accumulated Impairment Loss by Business | ||||||
| Health Wealth And Career | $911M0.0% | $911M0.0% | $911M0.0% | $911M+601% | $911M+601% | |
| Risk And Broking | $362M0.0% | $362M0.0% | $362M0.0% | $362M0.0% | $362M0.0% | |
| Depreciation by Business | ||||||
| Health Wealth And Career | $32M+3.2% | $36M-12.2% | $31M0.0% | $32M+3.2% | $31M0.0% | |
| Risk And Broking | $10M0.0% | $11M+10.0% | $10M-16.7% | $10M-9.1% | $10M-16.7% | |
| Goodwill Foreign Currency Translation Gain Loss by Business | ||||||
| Health Wealth And Career | $7M+147% | —— | —— | -$28M-2,900% | -$15M-288% | |
| Risk And Broking | $13M+148% | -$2M-104% | $0+100% | -$60M-1,600% | -$27M-242% | |
| Revenue by Product | ||||||
| Broking | $1.03B+10.4% | $1.49B-10.9% | $915M-9.0% | $996M-5.8% | $936M-13.1% | |
| Consulting | $861M+7.9% | $865M+7.5% | $818M+9.7% | $804M+7.5% | $798M+4.0% | |
| Outsourced Administration | $298M+3.1% | $320M+2.2% | $299M+5.3% | $257M-6.2% | $289M-2.4% | |
| Service | $2.34B+8.4% | $2.85B-3.4% | $2.23B+0.1% | $2.19B-0.3% | $2.16B-5.1% | |
| Non-Current Assets by Geography | ||||||
| GB | $511M+2.2% | $521M+6.3% | $519M— | $526M— | $500M— | |
| IE | $7M-12.5% | $7M-12.5% | $8M— | $8M— | $8M— | |
| US | $297M+1.0% | $282M-8.1% | $283M— | $290M— | $294M— | |
| Revenue by Geography | ||||||
| GB | $501M+11.1% | $566M+10.1% | $539M+15.9% | $509M+11.6% | $451M+6.4% | |
| IE | $39M+11.4% | $38M+18.8% | $33M+6.5% | $37M+12.1% | $35M0.0% | |
| US | $982M+5.4% | $1.53B-11.4% | $999M-14.3% | $1.05B-8.1% | $932M-15.3% |
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.
