WT
WTW
Quarter ended Dec 31, 2024 · FY2024 Q4

Willis Towers Watson Public (WTW) Revenue — Quarter Ended Dec 31, 2024

Revenue for the quarter rose substantially compared to the prior quarter, and also increased relative to the same quarter last year. The company's trailing revenue reflects a strong annual performance.

Key takeaway

Quarter ended Dec 31, 2024 · FY2024 Q4

Revenue for the quarter rose substantially compared to the prior quarter, and also increased relative to the same quarter last year. The company's trailing revenue reflects a strong annual performance.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$3B

Revenue reported for this quarter.

Quarter-over-quarter

+33.5%

Change from the immediately preceding quarter.

Year-over-year

+4.5%

Change from the comparable year-ago quarter.

Trailing four quarters

$9.7B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Mar 31, 2024$2.3B+4.2%
Jun 30, 2024$2.2B+4.8%
Sep 30, 2024$2.2B+5.4%
Dec 31, 2024$3B+4.5%

Revenue performance

The reported revenue shows a significant sequential increase, driven by a strong fourth quarter. On a year-over-year basis, revenue growth was more moderate but still positive.

Quarterly comparison

Compared to the immediately preceding quarter, revenue grew by over a third, while the year-ago comparison shows a smaller increase of less than five percent. The quarterly trend indicates accelerating growth throughout the fiscal year.

What to watch

Monitor the company's liquidity position, including the anticipated receipt of the earnout from the Willis Re divestiture and the impact of re-entering the reinsurance broking market.