Last 7 days
2.0%
Last 30 days
-2.6%
Last 90 days
-6.0%
Trailing 12 Months
-4.2%
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 |
Revenue | -0.7% | 8,866 | 8,932 | 8,998 | 8,961 | 8,885 |
EBITDA | -39.1% | 1,721 | 2,826 | - | - | - |
EBITDA Margin | -37.3% | 0.19* | 0.31* | - | - | - |
Earnings Before Taxes | -44.3% | 1,258 | 2,259 | 2,692 | - | - |
EBT Margin | -44.9% | 0.14* | 0.26* | - | - | - |
Interest Expenses | 3.5% | 208 | 201 | 211 | - | - |
Net Income | -72.1% | 1,009 | 3,611 | 4,222 | - | - |
Net Income Margin | -71.2% | 0.11* | 0.40* | - | - | - |
Free Cahsflow | -63.3% | 812 | 2,210 | - | - | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 2.5% | 31,769 | 30,991 | 32,509 | 32,841 | 34,970 |
Current Assets | 5.2% | 15,835 | 15,051 | 16,370 | 16,412 | 18,488 |
Cash Equivalents | -15.6% | 1,262 | 1,496 | 1,920 | 2,198 | 4,486 |
Net PPE | 2.4% | 718 | 701 | 744 | 817 | 851 |
Goodwill | 0.8% | 10,173 | 10,089 | 10,158 | 10,200 | 10,183 |
Liabilities | 2.8% | 21,676 | 21,078 | 22,092 | 21,766 | 21,662 |
Current Liabilities | 4.7% | 14,779 | 14,122 | 14,692 | 14,914 | 14,724 |
Long Term Debt | - | 6,636 | - | - | - | - |
LT Debt, Current | 0% | 250 | 250 | - | 599 | 613 |
LT Debt, Non Current | 0.0% | 4,471 | 4,470 | 4,720 | 3,975 | 3,974 |
Shareholder's Equity | 1.8% | 10,016 | 9,838 | 10,417 | 11,075 | 13,260 |
Retained Earnings | 3.4% | 1,764 | 1,706 | 1,971 | 2,423 | 4,645 |
Additional Paid-In Capital | 0.2% | 10,876 | 10,855 | 10,855 | 10,826 | 10,804 |
Accumulated Depreciation | - | 1,241 | - | - | - | - |
Minority Interest | 2.7% | 77.00 | 75.00 | 80.00 | 71.00 | 48.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 30.8% | 812 | 621 | 1,953 | 2,210 | 2,061 |
Share Based Compensation | -2.0% | 99.00 | 101 | 96.00 | 96.00 | 101 |
Cashflow From Investing | -108.0% | -173 | 2,151 | 2,215 | 2,215 | 2,570 |
Cashflow From Financing | 13.2% | -3,445 | -3,967 | -4,737 | -4,862 | -3,114 |
Dividend Payments | -2.6% | 369 | 379 | 294 | 380 | 374 |
Buy Backs | -5.0% | 3,530 | 3,717 | 4,348 | 3,877 | 1,627 |
43.5%
0%
0%
Y-axis is the maximum loss one would have experienced if Willis Towers Watson was unfortunately bought at previous high price.
21.4%
11.4%
10.1%
12.7%
FIve years rolling returns for Willis Towers Watson.
Datesorted ascending | Fund Name | Type | % 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 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
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 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
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 benefits | 5,065 | 5,253 | 5,157 |
Other operating expenses | 1,776 | 1,673 | 1,697 |
Depreciation | 255 | 281 | 307 |
Amortization | 312 | 369 | 461 |
Restructuring costs | 99 | 26 | 24 |
Transaction and transformation, net | 181 | (806) | 110 |
Total costs of providing services | 7,688 | 6,796 | 7,756 |
Income from operations | 1,178 | 2,202 | 859 |
Interest expense | (208) | (211) | (244) |
Other income, net | 288 | 701 | 396 |
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES | 1,258 | 2,692 | 1,011 |
Provision for income taxes | (194) | (536) | (249) |
INCOME FROM CONTINUING OPERATIONS | 1,064 | 2,156 | 762 |
(Loss)/income from discontinued operations, net of tax | (40) | 2,080 | 258 |
NET INCOME | 1,024 | 4,236 | 1,020 |
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) | 16.20 | 1.99 |
Basic earnings per share | 9.00 | 32.88 | 7.68 |
Diluted earnings per share: | |||
Income from continuing operations per share | 9.34 | 16.63 | 5.67 |
(Loss)/income from discontinued operations per share | (0.36) | 16.15 | 1.98 |
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 benefits | 65 | 260 | (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 interests | 588 | 4,411 | 889 |
Comprehensive income attributable to non-controlling interests | (14) | (16) | (25) |
Comprehensive income attributable to WTW | $ 574 | $ 4,395 | $ 864 |
Consolidated Balance Sheets - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 1,262 | $ 4,486 |
Fiduciary assets | 11,772 | 11,014 |
Accounts receivable, net | 2,387 | 2,370 |
Prepaid and other current assets | 414 | 612 |
Current assets held for sale | 0 | 6 |
Total current assets | 15,835 | 18,488 |
Fixed assets, net | 718 | 851 |
Goodwill | 10,173 | 10,183 |
Other intangible assets, net | 2,273 | 2,555 |
Right-of-use assets | 586 | 720 |
Pension benefits assets | 827 | 971 |
Other non-current assets | 1,357 | 1,202 |
Total non-current assets | 15,934 | 16,482 |
TOTAL ASSETS | 31,769 | 34,970 |
LIABILITIES AND EQUITY | ||
Fiduciary liabilities | 11,772 | 11,014 |
Deferred revenue and accrued expenses | 1,915 | 1,926 |
Current debt | 250 | 613 |
Current lease liabilities | 126 | 150 |
Other current liabilities | 716 | 1,015 |
Current liabilities held for sale | 0 | 6 |
Total current liabilities | 14,779 | 14,724 |
Long-term debt | 4,471 | 3,974 |
Liability for pension benefits | 480 | 757 |
Deferred tax liabilities | 748 | 845 |
Provision for liabilities | 357 | 375 |
Long-term lease liabilities | 620 | 734 |
Other non-current liabilities | 221 | 253 |
Total non-current liabilities | 6,897 | 6,938 |
TOTAL LIABILITIES | 21,676 | 21,662 |
COMMITMENTS AND CONTINGENCIES | ||
EQUITY | ||
Additional paid-in capital | 10,876 | 10,804 |
Retained earnings | 1,764 | 4,645 |
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' equity | 10,016 | 13,260 |
Non-controlling interests | 77 | 48 |
Total equity | 10,093 | 13,308 |
TOTAL LIABILITIES AND EQUITY | $ 31,769 | $ 34,970 |