Willis Towers Watson revenue breakdown by business segment: 32.7% from Corporate Risk and Broking, 18.3% from Investment, Risk and Reinsurance, 11.6% from Benefits Delivery and Administration and 37.3% from Human Capital and Benefits
Willis Towers Watson revenue breakdown by geographic segment: 48.3% from United States, 28.7% from Rest of World, 21.4% from United Kingdom and 1.6% from Other
USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|
Revenue | 8.2b | 8.5b | 9.0b | 9.4b |
Revenue growth, % | 4% | 4% | 6% | |
Cost of goods sold | 4.7b | 5.1b | 5.2b | |
Gross profit | 3.5b | 3.4b | 3.8b | |
Gross profit Margin, % | 42% | 40% | 42% | |
Operating expense total | 2.7b | 2.6b | 2.5b | 1.8b |
Depreciation and amortization | 784.0m | 742.0m | 729.0m | 770.0m |
EBIT | 738.0m | 809.0m | 1.3b | 1.2b |
EBIT margin, % | 9% | 10% | 15% | 13% |
Interest expense | 188.0m | 208.0m | 234.0m | |
Pre tax profit | 489.0m | 851.0m | 1.3b | 1.3b |
Income tax expense | (100.0m) | 136.0m | 249.0m | 318.0m |
Net Income | 592.0m | 715.0m | 1.1b | 1.0b |
EPS | 4.2 | 5.3 | 8.0 |
USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|
Cash | 1.0b | 1.0b | 887.0m | 2.1b |
Accounts Receivable | 2.2b | 2.4b | 2.6b | 2.6b |
Prepaid Expenses | 430.0m | 404.0m | 525.0m | 497.0m |
Current Assets | 15.9b | 16.4b | 17.0b | 20.3b |
PP&E | 985.0m | 942.0m | 1.0b | 1.0b |
Goodwill | 10.5b | 10.5b | 11.2b | 11.2b |
Total Assets | 32.5b | 32.4b | 35.4b | 38.5b |
Short-term debt | 85.0m | 186.0m | 480.0m | 1.1b |
Current Liabilities | 14.8b | 15.3b | 16.1b | 19.3b |
Long-term debt | 4.5b | 4.4b | 6.3b | 5.6b |
Non-Current Liabilities | 7.4b | 7.1b | 9.0b | 8.3b |
Total Debt | 4.5b | 4.6b | 6.7b | 6.7b |
Total Liabilities | 22.2b | 22.4b | 25.1b | 27.6b |
Additional Paid-in Capital | 10.5b | 10.6b | 10.7b | 10.7b |
Retained Earnings | 1.1b | 1.2b | 1.8b | 2.4b |
Total Equity | 10.2b | 10.0b | 10.4b | 10.9b |
Debt to Equity Ratio | 0.4 x | 0.5 x | 0.7 x | |
Debt to Assets Ratio | 0.1 x | 0.1 x | 0.2 x | |
Financial Leverage | 3.2 x | 3.2 x | 3.4 x | 3.5 x |
USD | FY, 2017 | FY, 2018 | FY, 2019 | FY, 2020 |
---|---|---|---|---|
Net Income | 592.0m | 715.0m | 1.1b | 1.0b |
Depreciation and Amortization | 833.0m | 747.0m | 729.0m | 770.0m |
Accounts Receivable | (64.0m) | 68.0m | (261.0m) | 72.0m |
Cash From Operating Activities | 862.0m | 1.3b | 1.1b | 1.8b |
Purchases of PP&E | (300.0m) | (268.0m) | (246.0m) | (269.0m) |
Cash From Investing Activities | (335.0m) | (341.0m) | (1.6b) | (160.0m) |
Short-term Borrowings | 642.0m | (754.0m) | (131.0m) | |
Long-term Borrowings | (734.0m) | (170.0m) | (995.0m) | (330.0m) |
Dividends Paid | (328.0m) | (306.0m) | (329.0m) | (346.0m) |
Cash From Financing Activities | (479.0m) | (903.0m) | 397.0m | (434.0m) |
Net Change in Cash | 48.0m | 44.0m | (136.0m) | 1.2b |
USD | Q1, 2017 |
---|---|
Debt/Equity | 0.4 x |
Debt/Assets | 0.1 x |
Financial Leverage | 3.1 x |