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Willis Towers Watson PLC

Financial Services US WTW

311.7USD
4.15(1.35%)

Last update at 2024-12-19T18:53:00Z

Day Range

306.51312.05
LowHigh

52 Week Range

193.21277.96
LowHigh

Fundamentals

  • Previous Close 307.55
  • Market Cap25623.41M
  • Volume267179
  • P/E Ratio25.57
  • Dividend Yield1.39%
  • EBITDA2481.00M
  • Revenue TTM9580.00M
  • Revenue Per Share TTM92.11
  • Gross Profit TTM 4073.00M
  • Diluted EPS TTM9.80

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

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
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

Peer Comparison

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

Reports Covered

Stock Research & News

Profile

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.

Willis Towers Watson PLC

51 Lime Street, London, United Kingdom, EC3M 7DQ

Key Executives

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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