Willis Towers Watson PLC income statement & cash flow
In the fiscal year ended Dec 31, 2025, Willis Towers Watson PLC reported net income of $1.60B on revenue of $9.71B. Operating cash flow was $1.77B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.89B | $8.20B | $8.51B | $8.37B | $8.62B | $9.00B | $8.87B | $9.48B | $9.93B | $9.71B |
| Operating income | $348.00M | $516.00M | $809.00M | $1.05B | $859.00M | $2.20B | $1.18B | $1.36B | $627.00M | $2.23B |
| Net income | $420.00M | $568.00M | $695.00M | $1.04B | $996.00M | $4.22B | $1.01B | $1.05B | −$98.00M | $1.60B |
| Diluted EPS | $3.04 | $4.18 | $5.27 | $8.02 | $7.65 | $32.78 | $8.98 | $9.95 | −$0.96 | $16.26 |
| Operating cash flow | $933.00M | $862.00M | $1.29B | $1.08B | $1.77B | $2.06B | $812.00M | $1.34B | $1.51B | $1.77B |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 23.0% | 16.5% |
| Dec 2024 | — | 6.3% | -1.0% |
| Dec 2023 | — | 14.4% | 11.1% |
| Dec 2022 | — | 13.3% | 11.4% |
| Dec 2021 | — | 24.5% | 46.9% |
Source: SEC EDGAR XBRL company facts for CIK 1140536 (raw data). Most recent filing in this dataset: 10-Q filed Oct 29, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.