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Willis Towers Watson revenue

Willis Towers Watson's revenue was $9.71bn in fiscal 2025, down 2.2% on the year before. Since fiscal 2009 ($3.25bn) it has grown at a compound 7.1% a year. Over the last twelve months it was $10.27bn.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Willis Towers Watson: revenue history, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Revenue3.33.33.43.53.73.83.87.98.28.58.48.69.08.99.59.99.710.3
Growth on the year before—+2.4%+3.5%+1.0%+5.0%+4.0%+0.7%+106.0%+4.0%+3.8%−1.7%+2.9%+4.4%−1.5%+7.0%+4.7%−2.2%—

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Health Wealth and Career $5.3B 55.6% ▼ 8.8%
Risk and Broking $4.2B 44.4% ▲ 7.6%
Corporate $3M 0.0% ▼ 72.7%
Products and services
Line of business Revenue YoY
Services $9.4B ▼ 2.3%
Broking $4.3B ▼ 9.9%
Consulting $3.3B ▲ 7.1%
Outsourced Administration $1.2B ▼ 0.2%
Other $644M ▲ 6.3%

These categories overlap or exclude eliminations, so shares aren't shown.

Geography
Region Revenue Share YoY
Foreign Countries $9.6B 98.5% ▼ 2.4%
United States (part of Foreign Countries) $4.5B 47.1% ▼ 12.2%
Rest of World (part of Foreign Countries) $3B 31.3% ▲ 6.5%
United Kingdom (part of Foreign Countries) $2.1B 21.6% ▲ 11.1%
Ireland $143M 1.5% ▲ 9.2%

From Willis Towers Watson's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Revenue against peers

Insurance Brokers: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
Willis Towers Watson $10.27bn 4.8% 3.4%
Brown & Brown $6.91bn 26.1% 18.7%
Arthur J. Gallagher & Co. $15.75bn 26.3% 19.6%
Aon plc $17.68bn 3.8% 10.4%
Erie Indemnity $4.12bn 2.0% 9.4%
Marsh McLennan $28.46bn 7.6% 8.6%

Compare with peers

Head to head: BRO vs WTWAJG vs WTWAON vs WTWMRSH vs WTW

More: Insurance Brokers stocks compared, Financials sector, rankings of US companies

Figures from Willis Towers Watson's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Willis Towers Watson.