WTW
Willis Towers WatsonPrevious close
324.42
Change
+3.69 / +1.15%
P/E (TTM) ?
18.3
Market Cap
$30.2B
1M
+12.56%
S&P 500 −0.91% over same period
Volume / Avg Volume
702K / 575K
1.22× average
Latest earnings analysisFY2026 Q2Reported 2026-07-30
WTW Q2 2026: adjusted EPS up 17.0%, GAAP EPS down 27.0%
WTW's second quarter looks better on the numbers management controls than on the ones accounting rules dictate: adjusted EPS rose 17.0% and beat consensus, while GAAP EPS fell 27.0%. Both segments expanded margins, first-half free cash flow rose 65.9%, and buyback capacity grew by $1.5 billion. The catch is that a prior-year tax charge flattered the adjusted comparison. Here is how to read the rest.
Read the full analysis →Revenue$2.43BYoY +7.40%
EPS (non-GAAP)$3.35Beatest. $3.15
Next-day move−0.04%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-30 | $2.4B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-30 | $2.4B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-03 | $9.5B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-30 | $2.2B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-31 | $2.2B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-24 | $2.2B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 28 of its 5-year rangeCheap
5-year range 15.1 – 221.1 · Median 25.3
Last 4 quarters: $1.3B in buybacks + $356M in dividends, 5.55% of market cap combined
P/E (TTM)
18.3
P/B
3.7
P/S
2.8
Dividend Yield
1.31%
Earnings Reaction
Over the last 6 reports, the stock moved ±0.8% on average on the first trading day after, rising 2 times
Most recent −0.04%
Volatility & Correlation
1-year beta -0.17 · Correlation with S&P 500 -0.07Low beta
Annualized volatility 31% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 1 · $0.25MNet selling $0.25M
- 08-10Faber AlexisChief Operating OfficerSell$0.25M730 shares · Avg price 342.70
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 2.40 | +7.3% | — | 0.30 | 3.24 |
| FY2026 Q2 | 2.43 | +9.6% | — | 0.23 | 2.43 |
| FY2026 Q1 | 2.36 | +8.4% | — | 0.30 | 3.10 |
| FY2025 Q4 | 2.88 | −3.5% | — | 0.74 | 7.50 |
| FY2025 Q3 | 2.24 | +0.1% | — | 0.30 | 3.11 |
| FY2025 Q2 | 2.22 | −0.2% | — | 0.33 | 3.32 |
| FY2025 Q1 | 2.18 | −5.0% | — | 0.24 | 2.33 |
| FY2024 Q4 | 2.99 | +4.5% | — | 1.25 | 12.29 |
| FY2024 Q3 | 2.24 | +5.4% | — | -1.68 | -16.44 |
| FY2024 Q2 | 2.22 | +4.8% | — | 0.14 | 1.36 |
| FY2024 Q1 | 2.30 | +4.2% | — | 0.19 | 1.83 |
| FY2023 Q4 | 2.86 | +6.6% | — | 0.62 | 5.90 |