earnings
confidence high
sentiment positive
materiality 0.70
WTW Q4 2021 revenue $2.71B (+1%); adj. EPS $5.67 (+9%); full-year free cash flow $1.91B (+23%)
WILLIS TOWERS WATSON PLC
2021-FY EPS reported
$32.78
revenue$8,998,000,000
- Q4 revenue $2.71B, +1% YoY; organic revenue growth 4% for Q4 and 6% for full year 2021.
- Adjusted operating income $871M (32.2% margin), up 180 bps YoY; adjusted diluted EPS $5.67, +9%.
- Full-year 2021 revenue $9.00B (+4%); adjusted diluted EPS $11.60, +19%.
- Free cash flow (incl. disc. ops) $1.91B, up 23%; repurchased $1.6B of stock in 2021 ($627M in Q4).
- Segment organic: HCB +3%, CRB +1%, IRR +32% (aided by book-of-business settlement), BDA +5%.