WTW reports Q3 2025 adjusted EPS $3.07 (+11% YoY); organic revenue growth 5%

WILLIS TOWERS WATSON PLC

2025-Q3 EPS reported $8.74 revenue$6,772,000,000

Revenue $2.29B flat YoY (organic +5%); diluted EPS $3.11 vs loss $16.44 prior year.
Adjusted operating margin 20.4%, up 230 bps; adjusted EBITDA $515M (22.5% of revenue).
Risk & Broking segment revenue +7% (organic +6%); operating margin corrected to 18.8% (+70 bps).
Health, Wealth & Career revenue -5% (organic +4%); operating margin up 390 bps to 28.6% excluding TRANZACT.
Repurchased 1.85M shares for $600M in Q3; free cash flow $838M YTD.

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