WTW Q2 2023 Earnings — Willis Towers Watson Public Limited Company Revenue & Financial Results | Market Cap Arena

WTWWillis Towers Watson Public Limited Company

$28B

Q2 2023 Earnings

Financial Services Insurance - Brokers

Income Statement

Revenue

$2.2B+6.3% YoY

Gross Profit

$812M37.6% margin

Operating Income

$142M6.6% margin

Net Income

$94M4.4% margin

EPS (Diluted)

$0.88

QoQ Revenue Growth

-3.8%

Cash Flow

Operating Cash Flow

$296M

Free Cash Flow

$236M

Stock-Based Comp.

$32M

Balance Sheet

Total Assets

$28.8B

Total Liabilities

$18.9B

Stockholders' Equity

$9.8B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.0B	+6.3%
Gross Profit	$812M	$772M	+5.2%
Operating Income	$142M	$137M	+3.6%
Net Income	$94M	$109M	-13.8%

Revenue Segments

Health, Wealth and Career

$1.6B64%

Risk and Broking

$903M36%