Willis Towers Watson Q4 2021 Earnings Report
Key Takeaways
WTW reported a solid fiscal year with revenue growth and meaningful margin expansion. The company is focused on strengthening performance and delivering long-term organic growth and margin expansion.
Revenue for the fourth quarter of 2021 was $2.71 billion, an increase of 1% as compared to the same period in the prior year.
Income from operations for the fourth quarter of 2021 was $690 million, an increase from $579 million in the fourth quarter of the prior year.
Net income attributable to WTW was $2.4 billion for the fourth quarter of 2021, an increase of 405% from the prior-year fourth quarter.
Diluted earnings per share were $19.19 and adjusted diluted earnings per share were $5.67 for the quarter.
Willis Towers Watson
Willis Towers Watson
Willis Towers Watson Revenue by Segment
Forward Guidance
Looking ahead to 2022, we remain committed to doing the work that’s needed to strengthen performance.
Positive Outlook
- Our hiring levels have increased
- We expect that the impacts of previous colleague departures will subside
- Helping us to deliver long-term organic growth and margin expansion in line with our Investor Day expectations
- Our new global leadership team has been working diligently on our new path forward as we look to execute on our strategic priorities.
- We are squarely focused on delivering on our targets and I am confident that the actions we are taking will create value for our clients, colleagues and shareholders.
Revenue & Expenses
Visualization of income flow from segment revenue to net income