Willis Towers Watson (WTW) revenue breakdown
By segment, HWC is the largest at 56% of fiscal 2025 revenue; R&B grew fastest, 5% a year over 5 years.
By region, United States is the largest at 46% of fiscal 2025 revenue; United Kingdom grew fastest, 4% a year over 6 years.
Revenue by segment
Fiscal years, as Willis Towers Watson reports them in its 10-K filings; fiscal 2025 total $9.5B.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| HWC | — | $4.9B | $5.3B | $5.3B | $5.6B | $5.8B | $5.3B | 56% |
| R&B | — | $3.3B | $3.5B | $3.4B | $3.6B | $3.9B | $4.2B | 44% |
| Corporate | — | — | -$12M | $19M | $38M | $11M | $3M | 0% |
| HCB | $3.3B | — | — | — | — | — | — | — |
| CRB | $2.9B | — | — | — | — | — | — | — |
| BDA | $1.0B | — | — | — | — | — | — | — |
| IRR | $959M | — | — | — | — | — | — | — |
| Divested Businesses | — | $323M | — | — | — | — | — | — |
| Divested Businesses | — | — | $71M | — | — | — | — | — |
Revenue by region
Fiscal years, as Willis Towers Watson reports them in its 10-K filings; fiscal 2025 total $9.7B.
| Regions | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| United States | $4.1B | $4.4B | $4.6B | $4.8B | $5.0B | $5.1B | $4.5B | 46% |
| Rest of World | $2.5B | $2.5B | $2.5B | $2.4B | $2.6B | $2.8B | $3.0B | 31% |
| United Kingdom | $1.6B | $1.6B | $1.6B | $1.6B | $1.7B | $1.9B | $2.1B | 21% |
| Ireland | $144M | $157M | $197M | $130M | $118M | $131M | $143M | 1% |
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Where does Willis Towers Watson make its money?
In fiscal 2025, by segment: HWC $5.3B, R&B $4.2B, Corporate $3M.
From Willis Towers Watson's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.