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Willis Towers Watson WTW Health Wealth And Career — Operating Expenses

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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%
CapEx$55.0M+7.8%
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:OperatingExpenses.

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 health wealth and career — operating expenses?
Willis Towers Watson (WTW) reported health wealth and career — operating expenses of $919M in Q1 2026.
How has Willis Towers Watson's health wealth and career — operating expenses changed year-over-year?
Willis Towers Watson's health wealth and career — operating expenses increased by 7.6% year-over-year, from $854M to $919M.
What is the long-term trend for Willis Towers Watson's health wealth and career — operating expenses?
Over 3 years (2022 to 2025), Willis Towers Watson's health wealth and career — operating expenses has grown at a -2.9% compound annual growth rate (CAGR), from $3.91B to $3.57B.
What does health wealth and career — operating expenses mean?
This represents the total costs incurred by the Health, Wealth, and Career segment to support its core consulting and advisory operations. It includes personnel costs, administrative overhead, and other direct expenses necessary to generate segment revenue.