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Willis Towers Watson PLC Stock Research

WTW

229.00USD-1.40(-0.61%)Market Closed

Market Summary

USD229.00-1.40
Market Closed
-0.61%

WTW Alerts

WTW Stock Price

WTW RSI Chart

WTW Valuation

Market Cap

24.9B

Price/Earnings (Trailing)

24.72

Price/Sales (Trailing)

2.81

EV/EBITDA

13.76

Price/Free Cashflow

30.71

WTW Price/Sales (Trailing)

WTW Profitability

EBT Margin

14.19%

Return on Equity

10.07%

Return on Assets

3.18%

Free Cashflow Yield

3.26%

WTW Fundamentals

WTW Revenue

Revenue (TTM)

8.9B

Revenue Y/Y

-18.09%

Revenue Q/Q

-9.94%

WTW Earnings

Earnings (TTM)

1.0B

Earnings Y/Y

-75.52%

Earnings Q/Q

209.47%

Price Action

52 Week Range

258.93
(Low)(High)

Last 7 days

2.0%

Last 30 days

-2.6%

Last 90 days

-6.0%

Trailing 12 Months

-4.2%

WTW Financial Health

Current Ratio

1.07

Debt/Equity

0.64

Debt/Cashflow

0.29

WTW Investor Care

Dividend Yield

1.42%

Dividend/Share (TTM)

3.28

Buy Backs (1Y)

13.14%

Diluted EPS (TTM)

8.98

Financials for Willis Towers Watson

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q12021Q42021Q32021Q2
Revenue-0.7%8,8668,9328,9988,9618,885
EBITDA-39.1%1,7212,826---
EBITDA Margin-37.3%0.19*0.31*---
Earnings Before Taxes-44.3%1,2582,2592,692--
EBT Margin-44.9%0.14*0.26*---
Interest Expenses3.5%208201211--
Net Income-72.1%1,0093,6114,222--
Net Income Margin-71.2%0.11*0.40*---
Free Cahsflow-63.3%8122,210---
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets2.5%31,76930,99132,50932,84134,970
  Current Assets5.2%15,83515,05116,37016,41218,488
    Cash Equivalents-15.6%1,2621,4961,9202,1984,486
  Net PPE2.4%718701744817851
  Goodwill0.8%10,17310,08910,15810,20010,183
Liabilities2.8%21,67621,07822,09221,76621,662
  Current Liabilities4.7%14,77914,12214,69214,91414,724
  Long Term Debt-6,636----
    LT Debt, Current0%250250-599613
    LT Debt, Non Current0.0%4,4714,4704,7203,9753,974
Shareholder's Equity1.8%10,0169,83810,41711,07513,260
  Retained Earnings3.4%1,7641,7061,9712,4234,645
  Additional Paid-In Capital0.2%10,87610,85510,85510,82610,804
Accumulated Depreciation-1,241----
Minority Interest2.7%77.0075.0080.0071.0048.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations30.8%8126211,9532,2102,061
  Share Based Compensation-2.0%99.0010196.0096.00101
Cashflow From Investing-108.0%-1732,1512,2152,2152,570
Cashflow From Financing13.2%-3,445-3,967-4,737-4,862-3,114
  Dividend Payments-2.6%369379294380374
  Buy Backs-5.0%3,5303,7174,3483,8771,627

Risks for WTW

What is the probability of a big loss on WTW?

43.5%


Probability that Willis Towers Watson stock will be more than 20% underwater in next one year

0%


Probability that Willis Towers Watson stock will be more than 30% underwater in next one year.

0%


Probability that Willis Towers Watson stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WTW drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Willis Towers Watson was unfortunately bought at previous high price.

Drawdowns

Returns for WTW

Cumulative Returns on WTW

21.4%


10-Year Cumulative Returns

11.4%


7-Year Cumulative Returns

10.1%


5-Year Cumulative Returns

12.7%


3-Year Cumulative Returns

What are the long-term rolling returns for WTW?

FIve years rolling returns for Willis Towers Watson.

Annualized Returns

Which funds bought or sold WTW recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-28
Acrisure Capital Management, LLC
new
-
242,623
242,623
0.27%
2023-03-17
American Portfolios Advisors
unchanged
-
31.00
1,808
-%
2023-03-15
B. Riley Wealth Advisors, Inc.
new
-
323,670
323,670
0.01%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-12.37
181,775
2,920,780
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-29.42
-16,917,000
103,169,000
0.52%
2023-03-02
OLIVER LAGORE VANVALIN INVESTMENT GROUP
reduced
-30.00
-288
1,712
-%
2023-02-28
Voya Investment Management LLC
added
0.67
2,565,560
13,952,600
0.02%
2023-02-27
Parallax Volatility Advisers, L.P.
reduced
-76.07
-246,744
101,256
-%
2023-02-24
SRS Capital Advisors, Inc.
unchanged
-
467
1,467
-%
2023-02-22
CVA Family Office, LLC
unchanged
-
223
1,223
-%

1–10 of 44

Latest Funds Activity

Are funds buying WTW calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own WTW
No. of Funds

Willis Towers Watson News

MarketWatch

Willis Towers Watson PLC stock underperforms Thursday when compared to competitors.

MarketWatch,
30 minutes ago

Chief Investment Officer

Chief Investment Officer

Marketscreener.com

Schedule 13G FIlings of Willis Towers Watson

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 10, 2023
artisan partners limited partnership
6.0%
6,466,172
SC 13G
Feb 09, 2023
vanguard group inc
11.31%
12,241,335
SC 13G/A
Feb 08, 2023
massachusetts financial services co /ma/
5.7%
6,122,061
SC 13G
Jan 24, 2023
blackrock inc.
10.0%
10,836,419
SC 13G/A
Feb 03, 2022
blackrock inc.
8.7%
10,885,332
SC 13G

WTW Fair Value

Recent SEC filings of Willis Towers Watson

View All Filings
Date Filed Form Type Document
Mar 07, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Feb 24, 2023
10-K
Annual Report
Feb 24, 2023
IRANNOTICE
IRANNOTICE
Feb 15, 2023
4
Insider Trading
Feb 10, 2023
4
Insider Trading
Feb 10, 2023
SC 13G
Major Ownership Report
Feb 09, 2023
8-K
Current Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 08, 2023
4
Insider Trading

Latest Insider Trading transactions for WTW

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-03
Furman Matthew
sold (taxes)
-2,171,210
239
-9,080
general counsel
2023-03-03
Furman Matthew
acquired
1,466,780
116
12,571
general counsel
2023-03-01
Gebauer Julie Jarecke
sold
-583,514
233
-2,500
head of health, wealth &career
2023-02-14
Gebauer Julie Jarecke
sold
-740,103
246
-3,000
head of health, wealth &career
2023-02-09
Bodnar Anne Donovan
sold
-1,269,720
253
-5,000
chief administrative officer
2023-02-06
Garrard Adam
acquired
-
-
3,983
head of risk & broking
2023-02-06
Thomson-Hall Pamela
acquired
-
-
645
head of international
2023-02-06
Hess Carl Aaron
sold (taxes)
-50,982
252
-202
chief executive officer
2023-02-06
Kurpis Joseph Stephen
acquired
-
-
322
pao and controller
2023-02-06
Gebauer Julie Jarecke
acquired
-
-
4,695
head of health, wealth &career

1–10 of 50

Carl A. Hess
44200
Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. It operates through two segments, Health, Wealth and Career; and and Risk and Broking. The company offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services. It also provides advice, data, software, and products to address clients' total rewards and talent issues. In addition, the company offers risk advice, insurance brokerage, and consulting services in the areas of property and casualty, aerospace, construction, and marine. Further, it offers investment consulting and discretionary management services to insurance and reinsurance companies; insurance consulting and technology, risk and capital management, pricing and predictive modeling, financial and regulatory reporting, financial and capital modeling, merger and acquisition, outsourcing, and business management services; wholesale insurance broking services to retail and wholesale brokers; and underwriting and capital management, capital market, and advisory and brokerage services. Additionally, the company provides primary medical and ancillary benefit exchange, and outsourcing services to active employees and retirees in the group and individual markets, as well as delivers healthcare and reimbursement accounts, including health savings accounts, health reimbursement arrangements, flexible spending accounts, and other consumer-directed accounts. 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.

WTW Income Statement

2022-12-31
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Revenue$ 8,866$ 8,998$ 8,615
Costs of providing services   
Salaries and benefits5,0655,2535,157
Other operating expenses1,7761,6731,697
Depreciation255281307
Amortization312369461
Restructuring costs992624
Transaction and transformation, net181(806)110
Total costs of providing services7,6886,7967,756
Income from operations1,1782,202859
Interest expense(208)(211)(244)
Other income, net288701396
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES1,2582,6921,011
Provision for income taxes(194)(536)(249)
INCOME FROM CONTINUING OPERATIONS1,0642,156762
(Loss)/income from discontinued operations, net of tax(40)2,080258
NET INCOME1,0244,2361,020
Income attributable to non-controlling interests(15)(14)(24)
NET INCOME ATTRIBUTABLE TO WTW$ 1,009$ 4,222$ 996
Basic earnings per share:   
Income from continuing operations per share$ 9.36$ 16.68$ 5.69
Income from discontinued operations per share(0.36)16.201.99
Basic earnings per share9.0032.887.68
Diluted earnings per share:   
Income from continuing operations per share9.3416.635.67
(Loss)/income from discontinued operations per share(0.36)16.151.98
Diluted earnings per share$ 8.98$ 32.78$ 7.65
NET INCOME$ 1,024$ 4,236$ 1,020
Other comprehensive (loss)/income, net of tax:   
Foreign currency translation(499)(87)139
Defined pension and post-retirement benefits65260(266)
Derivative instruments(2)2(4)
Other comprehensive (loss)/income, net of tax, before non-controlling interests(436)175(131)
Comprehensive income before non-controlling interests5884,411889
Comprehensive income attributable to non-controlling interests(14)(16)(25)
Comprehensive income attributable to WTW$ 574$ 4,395$ 864

WTW Balance Sheet

2022-12-31
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and cash equivalents$ 1,262$ 4,486
Fiduciary assets11,77211,014
Accounts receivable, net2,3872,370
Prepaid and other current assets414612
Current assets held for sale06
Total current assets15,83518,488
Fixed assets, net718851
Goodwill10,17310,183
Other intangible assets, net2,2732,555
Right-of-use assets586720
Pension benefits assets827971
Other non-current assets1,3571,202
Total non-current assets15,93416,482
TOTAL ASSETS31,76934,970
LIABILITIES AND EQUITY  
Fiduciary liabilities11,77211,014
Deferred revenue and accrued expenses1,9151,926
Current debt250613
Current lease liabilities126150
Other current liabilities7161,015
Current liabilities held for sale06
Total current liabilities14,77914,724
Long-term debt4,4713,974
Liability for pension benefits480757
Deferred tax liabilities748845
Provision for liabilities357375
Long-term lease liabilities620734
Other non-current liabilities221253
Total non-current liabilities6,8976,938
TOTAL LIABILITIES21,67621,662
COMMITMENTS AND CONTINGENCIES
EQUITY  
Additional paid-in capital10,87610,804
Retained earnings1,7644,645
Accumulated other comprehensive loss, net of tax(2,621)(2,186)
Treasury shares, at cost, 17,519 in 2022 and 2021(3)(3)
Total WTW shareholders' equity10,01613,260
Non-controlling interests7748
Total equity10,09313,308
TOTAL LIABILITIES AND EQUITY$ 31,769$ 34,970