---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-002606"
form_type: "8-K"
ticker: "WTW"
cik: "0001140536"
company_name: "WILLIS TOWERS WATSON PLC"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T08:14:05.603494+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WTW Q1 revenue $2.24B, +8% organic; diluted EPS $1.88, +83% YoY

## Summary
- Revenue $2.24B (+4% reported, +8% organic); diluted EPS $1.88 (+83% from $1.03).
- Adjusted diluted EPS $2.84 (+7% YoY); adjusted operating margin 18.6% (+140 bps).
- HWC segment revenue $1.29B (+6% organic); Risk & Broking $904M (+10% organic).
- Free cash flow $92M vs ($10M) prior year; repurchased $104M of shares in quarter.
- FY 2023 outlook: mid-single digit organic growth, margin expansion, ~$100M transformation savings.

## SEC filing metadata
- accession: 0001171843-23-002606
- form_type: 8-K
- ticker: WTW
- cik: 0001140536
- company_name: WILLIS TOWERS WATSON PLC
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140536/000117184323002606/0001171843-23-002606-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140536/000117184323002606/f8k_042623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-002606
- JSON: https://secwatch.observer/filing/0001171843-23-002606.json
- Plain text: https://secwatch.observer/filing/0001171843-23-002606.txt

## Key facts
- Earnings Releases
  WILLIS TOWERS WATSON PLC reported the first quarter ended March 31, 2023 results: revenue $2,244, net income $206 million, EPS $1.88.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $2,244
  - Net income: $206 million
  - EPS: $1.88
  - Result: reported results
  source text: ourselves to be resilient in a complex risk and economic environment.” Consolidated Results As reported, USD millions, except % Key Metrics Q1-23 Q1-22 Y/Y Change Revenue 1 $2,244 $2,160 Reported 4% | CC 7% | Organic 8% Income from Operations $285 $179 59% Operating Margin % 12.7% 8.3% 440 bps Adjusted Operating Income $418 $371 13% Adjusted Operating
  evidence_url: https://www.sec.gov/Archives/edgar/data/1140536/000117184323002606/0001171843-23-002606-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.