---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006425"
form_type: "8-K"
ticker: "WTW"
cik: "0001140536"
company_name: "WILLIS TOWERS WATSON PLC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T07:57:32.693525+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# WTW Q3 revenue up 11% to $2.2B; adjusted EPS up 2% to $2.24; GAAP EPS down 25%

## Summary
- Revenue $2,166M, +11% reported, +9% organic; HWC +9% organic, R&B +10% organic.
- GAAP diluted EPS $1.29 (-25% YoY); Adjusted diluted EPS $2.24 (+2% YoY).
- Adjusted operating margin 16.2% (+170bps); Transformation savings cumulative $300M.
- Free cash flow $707M YTD, up from $337M; repurchased $350M of shares in Q3.
- Full-year 2023 target: mid-single digit organic growth, margin expansion, $160M incremental savings.

## SEC filing metadata
- accession: 0001171843-23-006425
- form_type: 8-K
- ticker: WTW
- cik: 0001140536
- company_name: WILLIS TOWERS WATSON PLC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1140536/000117184323006425/0001171843-23-006425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1140536/000117184323006425/f8k_102523.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006425
- JSON: https://secwatch.observer/filing/0001171843-23-006425.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006425.txt

## Key facts
- Earnings Releases
  WILLIS TOWERS WATSON PLC reported the third quarter ended September 30, 2023 results: revenue $2.2 billion, net income $139 million, EPS $1.29.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $2.2 billion
  - Net income: $139 million
  - EPS: $1.29
  - Result: reported results
  source text: EX-99.1 (PRESS RELEASE) --- EX-99.1 2 exh_991.htm PRESS RELEASE EdgarFiling EXHIBIT 99.1 WTW Reports Third Quarter 2023 Earnings Revenue 1 increased 11% for the quarter to $2.2 billion, with organic growth of 9% Diluted Earnings per Share were $1.29 for the quarter, down 25% from prior year Adjusted Diluted Earnings per Share were $2.24 for the quarter, up 2%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1140536/000117184323006425/0001171843-23-006425-index.htm

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