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Sep 30, 2023
Willis Towers Watson Q3 2023 Earnings Report
WTW reported strong revenue growth and solid margins driven by ongoing investments and cost discipline.
Key Takeaways
WTW reported an 11% increase in revenue to $2.17 billion for Q3 2023. Net income was $139 million, and adjusted EBITDA was $436 million, representing 20.1% of revenue.
Revenue increased by 11% compared to the prior year, reaching $2.17 billion.
Net income decreased by 28% to $139 million.
Adjusted EBITDA increased by 7% to $436 million, representing 20.1% of revenue.
The company repurchased $350 million of WTW shares during the quarter.
Willis Towers Watson
Willis Towers Watson
Willis Towers Watson Revenue by Segment
Forward Guidance
The Company's full-year targets for 2023 are based on current and anticipated market conditions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income