WILLIS TOWERS WATSON PLC

Insurance Agents, Brokers & Service·LONDON ENGLAND, X0·FY end 12/31·CIK 1140536

CEO Pay Ratio

203:1

Carl Hess

CEO Total Comp

$197.3K

Carl Hess

Median Employee

$63,007

Revenue

$9.7B

FY 2025

Net Income

$1.6B

FY 2025

Free Cash Flow

—

FY 2025

Net Margin

16.5%

Insider Net (180d)

0 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

0.01%

For every $1,000 of profit, $0.12 flows to the CEO.

CEO comp as % of buybacks

0.01%

CEO comp equals 0.1‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2021	FY 2020	FY 2019	Trend
Revenue	$9.7B	$9.9B	$9.5B	$9.4B	$2.7B
Gross Profit	—	—	—	—	—	—
Operating Income	$2.2B	$627.0M	$1.4B	$1.2B	$687.0M
Net Income	$1.6B	-$98.0M	$1.1B	$996.0M	$544.0M
Operating CF	$1.8B	$1.5B	$1.3B	$1.8B	$1.1B
Capex	—	—	—	—	—	—
Free Cash Flow	—	—	—	—	—	—
Buybacks	$1.6B	$901.0M	$1.0B	$0	$150.0M
Dividends	$358.0M	$354.0M	$352.0M	$346.0M	$329.0M

Gross Margin	—	—	—	—	—	—
Operating Margin	23.0%	6.3%	14.4%	12.6%	25.5%
Net Margin	16.5%	-1.0%	11.1%	10.7%	20.2%
FCF Margin	—	—	—	—	—	—
R&D / Revenue	—	—	—	—	—	—
Effective Tax	16.3%	184.6%	16.8%	23.8%	18.8%
Debt / Equity	1.94	1.75	1.26	1.16	1.30
Buybacks / FCF	—	—	—	—	—	—

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Carl HessCEO	$1.0M	—	—	$9.2M	$2.4M	$197.3K
Julie GebauerPresident, HWC	$759.3K	—	—	$2.3M	$1.3M	$116.1K
Andrew KrasnerCFO	$800.0K	—	—	$3.0M	$1.6M	$84.8K
Matthew Furman	$619.5K	—	—	$1.2M	$964.9K	$71.1K
General Counsel	$612.1K	—	—	$1.1M	$926.5K	$66.2K
Lucy Clarke*President, R&B	$806.6K	—	—	$2.0M	$1.0M	$24.3K