WTWWillis Towers Watson Public Limited Company

$28B

Q1 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$2.2B+3.9% YoY

Gross Profit

$931M41.5% margin

Operating Income

$285M12.7% margin

Net Income

$203M9.0% margin

EPS (Diluted)

$1.88

QoQ Revenue Growth

-17.6%

Cash Flow

Operating Cash Flow

$134M

Free Cash Flow

$73M

Stock-Based Comp.

$26M

Balance Sheet

Total Assets

$31.9B

Total Liabilities

$21.7B

Stockholders' Equity

$10.1B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.2B	+3.9%
Gross Profit	$931M	$842M	+10.6%
Operating Income	$285M	$179M	+59.2%
Net Income	$203M	$122M	+66.4%

Revenue Segments

Health, Wealth and Career

$1.3B59%

Risk and Broking

$907M41%

WTW Q1 2023 Earnings — Willis Towers Watson Public Limited Company Revenue & Financial Results | Market Cap Arena