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Last update at 2024-12-19T18:53:00Z
World’s largest investment managers see assets hit $128 trillion in return to growth
Mon 21 Oct 24, 04:06 PMWTW Launches Structured Auto Buffer London Excess Facility to transform fleet risk management
Mon 21 Oct 24, 01:52 PMMasimo Appoints Timothy Scannell and Wendy Lane to Board of Directors
Fri 18 Oct 24, 01:00 PMWTW to Announce Third Quarter Earnings on October 31, 2024
Thu 10 Oct 24, 01:00 PMBroker for the Wealthy, Charles Monat, Is Said to Consider Sale of the Business
Thu 10 Oct 24, 03:19 AMCommercial insurance market projects stability as rates moderate across most lines of business
Wed 09 Oct 24, 02:26 PMWillis Towers Watson Public Limited Company (WLTW): Among Seth Klarman’s Top Stock Picks
Tue 08 Oct 24, 08:44 AMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 1258.00M | 2692.00M | 1338.00M | 1322.00M | 851.00M |
Minority interest | -15.00000M | -14.00000M | -24.00000M | -29.00000M | -20.00000M |
Net income | 1009.00M | 2156.00M | 996.00M | 1044.00M | 695.00M |
Selling general administrative | 6841.00M | 6926.00M | - | - | - |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 3620.00M | 4551.00M | 3735.00M | 3777.00M | 3188.00M |
Reconciled depreciation | 567.00M | 650.00M | 770.00M | 729.00M | 747.00M |
Ebit | 1178.00M | 2202.00M | 1606.00M | 1329.00M | 1059.00M |
Ebitda | 2132.00M | 3579.00M | 2376.00M | 2285.00M | 1806.00M |
Depreciation and amortization | 954.00M | 1377.00M | 770.00M | 956.00M | 747.00M |
Non operating income net other | 288.00M | 701.00M | - | - | - |
Operating income | 1178.00M | 2202.00M | 1606.00M | 1329.00M | 809.00M |
Other operating expenses | 7589.00M | 6770.00M | 8145.00M | 7710.00M | 7704.00M |
Interest expense | 208.00M | 211.00M | 244.00M | 234.00M | 208.00M |
Tax provision | 194.00M | 536.00M | 318.00M | 249.00M | 136.00M |
Interest income | - | - | - | - | - |
Net interest income | -208.00000M | -211.00000M | -244.00000M | -234.00000M | -208.00000M |
Extraordinary items | - | - | - | - | - |
Non recurring | 99.00M | 26.00M | - | - | - |
Other items | - | - | - | - | - |
Income tax expense | 194.00M | 536.00M | 318.00M | 249.00M | 136.00M |
Total revenue | 8866.00M | 8998.00M | 9352.00M | 9039.00M | 8513.00M |
Total operating expenses | 2343.00M | 2323.00M | 2528.00M | 2448.00M | 2379.00M |
Cost of revenue | 5246.00M | 4447.00M | 5617.00M | 5262.00M | 5325.00M |
Total other income expense net | 80.00M | 490.00M | -268.00000M | -7.00000M | 250.00M |
Discontinued operations | -40.00000M | 2080.00M | 2080.00M | 2080.00M | 2080.00M |
Net income from continuing ops | 1064.00M | 2156.00M | 1020.00M | 1073.00M | 715.00M |
Net income applicable to common shares | 1009.00M | 4222.00M | 996.00M | 1044.00M | 695.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
Total assets | 29090.00M | 31769.00M | 34970.00M | 38531.00M | 35511.00M |
Intangible assets | 2016.00M | 2273.00M | 2555.00M | 3043.00M | 3478.00M |
Earning assets | - | - | - | - | - |
Other current assets | -5202.00000M | 12186.00M | 412.00M | 497.00M | 525.00M |
Total liab | 19497.00M | 21676.00M | 21662.00M | 27599.00M | 25142.00M |
Total stockholder equity | 9520.00M | 10016.00M | 13260.00M | 10820.00M | 10249.00M |
Deferred long term liab | - | 748.00M | 845.00M | 98.00M | 76.00M |
Other current liab | 8678.00M | 11513.00M | 11137.00M | 15186.00M | 13035.00M |
Common stock | - | - | - | - | - |
Capital stock | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
Retained earnings | 1466.00M | 1764.00M | 4645.00M | 2434.00M | 1792.00M |
Other liab | - | 1794.00M | 2230.00M | 2666.00M | 2700.00M |
Good will | 10195.00M | 10173.00M | 10183.00M | 11204.00M | 11194.00M |
Other assets | - | 2094.00M | 2173.00M | 2043.00M | 1680.00M |
Cash | 1424.00M | 1262.00M | 4686.00M | 2089.00M | 887.00M |
Cash and equivalents | - | - | - | - | - |
Total current liabilities | 12630.00M | 14779.00M | 14724.00M | 19332.00M | 16155.00M |
Current deferred revenue | 2104.00M | 1915.00M | 1926.00M | 2161.00M | 1784.00M |
Net debt | 4517.00M | 4205.00M | 785.00M | 4616.00M | 5858.00M |
Short term debt | 775.00M | 376.00M | 763.00M | 1123.00M | 480.00M |
Short long term debt | 650.00M | 250.00M | 613.00M | 971.00M | 316.00M |
Short long term debt total | 5941.00M | 5467.00M | 5471.00M | 6705.00M | 6745.00M |
Other stockholder equity | 10910.00M | 10873.00M | 10801.00M | 10745.00M | 10684.00M |
Property plant equipment | - | 718.00M | 1571.00M | 1916.00M | 2014.00M |
Total current assets | 13433.00M | 15835.00M | 18488.00M | 20301.00M | 17122.00M |
Long term investments | 88.00M | 90.00M | 55.00M | 24.00M | 23.00M |
Net tangible assets | - | -2430.00000M | 522.00M | -3427.00000M | -4423.00000M |
Short term investments | 4.00M | 0.00000M | 11014.00M | 15160.00M | 13089.00M |
Net receivables | 3774.00M | 2387.00M | 2370.00M | 2555.00M | 2621.00M |
Long term debt | 4567.00M | 4471.00M | 3974.00M | 4664.00M | 5301.00M |
Inventory | - | - | 11020.00M | 15160.00M | 13089.00M |
Accounts payable | 1073.00M | 975.00M | 898.00M | 862.00M | 856.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | - | 77.00M | 48.00M | - | - |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -2856.00000M | -2621.00000M | -2186.00000M | -2359.00000M | -2227.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | - | - | - | - | - |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | - | 1764.00M | 4645.00M | - | - |
Treasury stock | - | -3.00000M | -3.00000M | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 1987.00M | 2026.00M | 2039.00M | 1948.00M | 1608.00M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 15657.00M | 15934.00M | 16482.00M | 18230.00M | 18389.00M |
Capital lease obligations | 724.00M | 746.00M | 884.00M | 1089.00M | 1150.00M |
Long term debt total | - | 4471.00M | 3974.00M | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -173.00000M | 2770.00M | -160.00000M | -1614.00000M | -341.00000M |
Change to liabilities | -495.00000M | -175.00000M | 0.00000M | 0.00000M | 0.00000M |
Total cashflows from investing activities | -173.00000M | 2770.00M | -160.00000M | -1614.00000M | -341.00000M |
Net borrowings | 160.00M | -1008.00000M | -45.00000M | 971.00M | 74.00M |
Total cash from financing activities | -3445.00000M | -3114.00000M | -434.00000M | 397.00M | -903.00000M |
Change to operating activities | -700.00000M | -315.00000M | -128.00000M | -529.00000M | -65.00000M |
Net income | 1024.00M | 4236.00M | 1020.00M | 1073.00M | 715.00M |
Change in cash | -2970.00000M | 1590.00M | 1201.00M | -138.00000M | 3.00M |
Begin period cash flow | 7691.00M | 6301.00M | 895.00M | 1033.00M | 1030.00M |
End period cash flow | 4721.00M | 7891.00M | 2096.00M | 895.00M | 1033.00M |
Total cash from operating activities | 812.00M | 2061.00M | 1774.00M | 1081.00M | 1288.00M |
Issuance of capital stock | 7.00M | 10.00M | 16.00M | 45.00M | 45.00M |
Depreciation | 567.00M | 650.00M | 770.00M | 729.00M | 747.00M |
Other cashflows from investing activities | -373.00000M | 2770.00M | -17.00000M | 3.00M | 13.00M |
Dividends paid | -369.00000M | -374.00000M | -346.00000M | -329.00000M | 306.00M |
Change to inventory | - | - | - | - | - |
Change to account receivables | -188.00000M | -134.00000M | 72.00M | -261.00000M | 68.00M |
Sale purchase of stock | -3530.00000M | -1627.00000M | 282.00M | -150.00000M | -602.00000M |
Other cashflows from financing activities | 1032.00M | -115.00000M | -59.00000M | 1957.00M | 884.00M |
Change to netincome | 71.00M | -2362.00000M | 99.00M | 98.00M | -157.00000M |
Capital expenditures | 204.00M | 201.00M | 286.00M | 305.00M | 322.00M |
Change receivables | -188.00000M | -134.00000M | - | - | - |
Cash flows other operating | 145.00M | -148.00000M | - | - | - |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | -2806.00000M | 1517.00M | - | - | - |
Change in working capital | -888.00000M | -449.00000M | -80.00000M | -790.00000M | -1.00000M |
Stock based compensation | 99.00M | 101.00M | 90.00M | 74.00M | 54.00M |
Other non cash items | 60.00M | -2703.00000M | -125.00000M | 67.00M | -112.00000M |
Free cash flow | 608.00M | 1860.00M | 1488.00M | 776.00M | 966.00M |
Sector: Financial Services Industry: Insurance Brokers
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
WTW Willis Towers Watson PLC |
4.15 1.35% | 311.70 | 25.57 | 16.03 | 2.81 | 2.80 | 3.28 | 15.43 |
MMC Marsh & McLennan Companies Inc |
2.01 0.96% | 211.90 | 27.11 | 21.60 | 4.12 | 8.01 | 4.69 | 17.72 |
AON Aon PLC |
2.83 0.80% | 355.41 | 30.99 | 21.14 | 5.23 | 12.74 | 6.45 | 21.84 |
AJG Arthur J Gallagher & Co |
2.72 0.98% | 281.21 | 54.05 | 25.71 | 5.84 | 5.26 | 6.26 | 27.42 |
BRO Brown & Brown Inc |
1.79 1.77% | 102.72 | 26.80 | 23.04 | 4.84 | 3.81 | 5.57 | 16.58 |
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments: Health, Wealth & Career and Risk & Broking. The company offers strategy and design consulting, plan management service and support, broking and administration services for health, wellbeing, and other group benefit program, including medical, dental, disability, life, voluntary benefits and other coverages; actuarial support, plan design, and administrative services for pension and retirement savings plans; retirement consulting services and solutions; and integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services. It also provides advice, data, software, and products to address clients' total rewards and talent issues; and risk advice, insurance brokerage, and consulting services in the areas of property and casualty, affinity, risk and analytics, aerospace, construction, global markets direct & facultative, financial, executive and professional risks, financial solutions, crisis management, surety, marine, and natural resources. In addition, the company offers integrated solutions that consists of investment discretionary management, pension administration, core actuarial, and communication and change management assistance services; and software and technology, risk and capital management, products and product pricing, financial and regulatory reporting, financial and capital modeling, M&A, outsourcing, and business management services. The company was formerly known as Willis Group Holdings Public Limited Company and changed its name to Willis Towers Watson Public Limited Company in January 2016. Willis Towers Watson Public Limited Company was founded in 1828 and is based in London, the United Kingdom.
51 Lime Street, London, United Kingdom, EC3M 7DQ
Name | Title | Year Born |
---|---|---|
Mr. Carl A. Hess CERA, F.S.A. | CEO & Director | 1962 |
Mr. Andrew Jay Krasner | Chief Financial Officer | 1977 |
Mr. Matthew S. Furman | Gen. Counsel | 1970 |
Ms. Julie Jarecke Gebauer | Global Head of Health, Wealth & Career | 1961 |
Ms. Alexis Faber | Chief Operating Officer | NA |
Mr. Chris Ford | Global Head of Investment | NA |
Mr. Joseph Stephen Kurpis | Principal Accounting Officer & Controller | 1960 |
Ms. Anne Donovan Bodnar | Chief Admin. Officer | 1957 |
Claudia De La Hoz | Head of Investor Relations | NA |
Ms. Pam Rollins | Head of Communication | NA |
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