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Jun 30, 2024
Willis Towers Watson Q2 2024 Earnings Report
WTW reported strong second quarter earnings, driven by robust organic growth, operating efficiency, and the execution of their Transformation program.
Key Takeaways
WTW announced strong second quarter results with a 5% increase in revenue to $2.27 billion. Net Income increased by 48% to $142 million. The company is raising the low end of its full year 2024 targets for adjusted operating margin and adjusted EPS.
Revenue increased by 5% to $2.27 billion compared to the prior year.
Net Income increased by 48% to $142 million compared to the prior year.
Adjusted EBITDA increased by 13% to $466 million, representing 20.6% of revenue.
The company repurchased $200 million of WTW outstanding shares during the quarter.
Willis Towers Watson
Willis Towers Watson
Willis Towers Watson Revenue by Segment
Revenue by Segment
Health, Wealth & Career Revenue
CapyFin.comRisk & Broking Revenue
CapyFin.com Forward Guidance
WTW is raising the low end of its full year 2024 targets for adjusted operating margin and adjusted EPS to 23.0%-23.5% and $16.00-$17.00, respectively.
Revenue & Expenses
Visualization of income flow from segment revenue to net income