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Jun 30, 2021

Willis Towers Watson Q2 2021 Earnings Report

Reported strong quarterly financial results with broad-based revenue growth and margin expansion.

Key Takeaways

Willis Towers Watson reported strong second-quarter financial results with revenue of $2.29 billion, an increase of 8% compared to the prior year. Net income attributable to Willis Towers Watson was $184 million, a 96% increase from the prior-year second quarter, with diluted earnings per share of $1.41 and adjusted diluted earnings per share of $2.66.

Revenue increased by 8% to $2.29 billion compared to the same period in the prior year.

Income from operations increased by 370 basis points to $260 million, or 11.4% of revenue.

Net income attributable to Willis Towers Watson increased by 96% to $184 million.

Diluted earnings per share were $1.41, and adjusted diluted earnings per share were $2.66.

Total Revenue
$2.29B
Previous year: $2.11B
+8.2%
EPS
$2.66
Previous year: $1.8
+47.8%
Organic Revenue Growth
8%
0
Gross Profit
$2.09B
Previous year: $1.93B
+8.5%
Cash and Equivalents
$2.22B
Previous year: $1.09B
+104.0%
Total Assets
$38.3B
Previous year: $38.1B
+0.4%

Willis Towers Watson

Willis Towers Watson

Willis Towers Watson Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the document.

Revenue & Expenses

Visualization of income flow from segment revenue to net income