earnings
confidence high
sentiment positive
materiality 0.80
WTW Q4 adjusted EPS $8.13 (+9%); FY adjusted EPS $16.93 (+17%); revenue up 5% organic
WILLIS TOWERS WATSON PLC
2024-FY EPS reported
-$0.96
revenue$9,930,000,000
- Q4 revenue $3.04B (+4% reported, +5% organic); FY revenue $9.93B (+5% reported and organic).
- GAAP diluted EPS Q4 $12.25 (up 105%); FY diluted loss $(0.96) driven by >$1B TRANZACT impairment.
- Adjusted diluted EPS Q4 $8.13 (+9%); FY $16.93 (+17%). Adjusted operating margin expanded 190bps to 23.9%.
- HWC segment +3% organic; R&B segment +7% organic. Free cash flow $1.4B (up $184M).
- Share repurchases total $901M for FY 2024.