Willis Towers Watson Public Ltd Company
Exchange: NASDAQSector: Financial ServicesIndustry: Insurance Brokers
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential.
Did you know?
Generated $6.8 in free cash flow for every $1 of capital expenditure in FY25.
Current Price
$288.64
+0.39%GoodMoat Value
$307.93
6.7% undervaluedProfile
Valuation (TTM)
Market Cap$27.64B
P/E17.22
EV$31.87B
P/B3.47
Shares Out95.75M
P/Sales2.85
Revenue$9.71B
EV/EBITDA11.64
Willis Towers Watson Public Ltd Company (WTW) Stock Analysis
GoodMoat Analysis
Willis Towers Watson is a global insurance brokerage and advisory firm with a moderate competitive moat, driven by switching costs and scale. Its valuation appears marginally favourable, trading near its estimated fair value with a modest margin of safety. The business shows strong profitability but faces recent revenue headwinds, making it a candidate for further investigation.
Read full analysis
Willis Towers Watson (WTW) is a leading global advisory, broking, and solutions company in risk, capital, and human resources. It operates in a mature industry where competitive advantages are built on client relationships and operational scale. Applying the GoodMoat framework, the company demonstrates a moderate moat. Key strengths include high switching costs, as its services are embedded in complex client operations, and scale privilege from its global reach and data assets. However, it lacks the high-growth, high-margin profile of a technology-led moat business. The firm exhibits strong quality indicators, with a robust ROE of 20.1% and an operating margin of 23.0%, though recent revenue growth of -3.3% YoY is a point of concern. The balance sheet is manageable with a Debt/Equity ratio of 0.87. The current price of $289.51 is slightly below the GoodMoat target of $307.93, implying a marginal margin of safety of approximately 6%. According to the Decision Framework, this places the stock in the 'with caution' zone for valuation, as the margin of safety is below the 20% threshold for a favourable rating. The combination of a moderate moat, strong profitability, and a price near fair value suggests it is worth investigating further, with a focus on the sustainability of its returns and the drivers for a return to revenue growth. Analysis based on data as of 2024-05-15.
Market Cap$27.64B
Current Price$288.64
P/E Ratio17.22
Forward P/E—
PEG Ratio-0.45
EPS$16.26
Book Value$83.30
P/B Ratio3.47
WTW Financial Charts
FCF vs CAPEX
FCFCAPEX
Forward estimates use 12.2% FCF growth (CAGR)
Cash vs Debt
Net Debt: 3.8B
Revenue
8.4B
FY19
8.6B
FY20
9.0B
FY21
8.9B
FY22
9.5B
FY23
9.9B
FY24
9.7B
FY25
Net Income
1.0B
FY19
996M
FY20
4.2B
FY21
1.0B
FY22
1.1B
FY23
—
FY24
1.6B
FY25
WTW 52-Week Range
$279.17
$347.80
50-Day MA: $299.40200-Day MA: $316.43
Did you know?
Pays a 1.30% dividend yield.
Willis Towers Watson Public Ltd Company (WTW) Financial Summary
Willis Towers Watson Public Ltd Company (WTW) is a Financial Services company in the Insurance Brokers industry, listed on NASDAQ. The stock currently trades at $288.64 with a market capitalization of $27.64B.
Key valuation metrics include a P/E ratio of 17.22, price-to-book ratio of 3.47, and EPS of $16.26. The company reports a profit margin of 16.5% and return on equity of 20.1%.
WTW Key Financial Metrics
| Metric | Value |
|---|---|
| Market Cap | $27.64B |
| P/E Ratio | 17.22 |
| EPS | $16.26 |
| P/B Ratio | 3.47 |
| P/S Ratio | 2.85 |
| EV/EBITDA | 11.64 |
| Dividend Yield | 1.30% |
| Profit Margin | 16.5% |
| Return on Equity | 20.1% |
| Debt/Equity | 0.87 |
WTW Revenue & Earnings History
| Year | Revenue | Net Income |
|---|---|---|
| FY19 | $8.37B | $1.04B |
| FY20 | $8.62B | $996.00M |
| FY21 | $9.00B | $4.22B |
| FY22 | $8.87B | $1.01B |
| FY23 | $9.48B | $1.05B |
| FY24 | $9.93B | $-98.00M |
| FY25 | $9.71B | $1.60B |
Willis Towers Watson Public Ltd Company (WTW) Valuation
Based on GoodMoat's DCF model, Willis Towers Watson Public Ltd Company has a fair value estimate of $307.93. At the current price of $288.64, the stock appears 6.3% undervalued relative to our intrinsic value estimate.
WTW Quality Indicators
Willis Towers Watson Public Ltd Company maintains a profit margin of 16.5% and an operating margin of 23.0%. Return on equity stands at 20.1%. The current ratio is 1.20. Debt-to-equity ratio is 0.87.
About Willis Towers Watson Public Ltd Company
Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas — the dynamic formula that drives business performance. Together, we unlock potential.
WTW Free Cash Flow
Willis Towers Watson Public Ltd Company generated $1.55B in trailing twelve-month free cash flow, representing an FCF yield of 5.59%. This strong FCF yield suggests the company generates substantial cash relative to its market value.
WTW Shares Outstanding
Willis Towers Watson Public Ltd Company has 0.10 billion shares outstanding at a share price of $288.64, giving it a market capitalization of $27.64B.
WTW Recent Insider Trades
Recent insider transactions at Willis Towers Watson Public Ltd Company include:
| Insider | Type | Shares | Value |
|---|---|---|---|
| Furman Matthew (General Counsel) | SELL | 3,000 | $912008.70 |
| Clarke Lucy (President of Risk & Broking) | BUY | 3,500 | $996928.80 |
| Hammond Michael P. | BUY | 241 | $67205.26 |